BROSENS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BROSENS
Largest movements
- Tangible fixed assets -€509,778
down €509,778 (-46.4%), from €1.1m to €589,517
of which Leasing and similar rights: -€260,667
- Cash +€141,078
up €141,078 (+1910.8%), from €7,383 to €148,461
mainly Investment in fixed assets (net) (+€430,667) and Depreciation (+€79,112)
- Other debts -€373,896
down €373,896 (-78.8%), from €474,742 to €100,846
- Trade debts +€41,726
up €41,726 (+510.8%), from €8,170 to €49,896
- Short-term financial debts -€29,409
down €29,409 (-54.9%), from €53,606 to €24,197
- Gross operating margin +€83,666
up €83,666 (+268.1%), from €31,211 to €114,877
- Taxes +€27,722
new in 2025: €27,722
- Depreciation -€5,367
down €5,367 (-6.4%), from €84,479 to €79,112
- Other operating charges -€1,635
down €1,635 (-46.9%), from €3,485 to €1,850
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,106,678 | €737,977 | -€368,701 | -33.3% |
| Fixed assets | 21/28 | €1,099,295 | €589,517 | -€509,778 | -46.4% |
| Tangible fixed assets | 22/27 | €1,099,295 | €589,517 | -€509,778 | -46.4% |
| Land and buildings | 22 | €766,014 | €534,444 | -€231,570 | -30.2% |
| Plant, machinery and equipment | 23 | €7,397 | €6,282 | -€1,115 | -15.1% |
| Furniture and vehicles | 24 | €65,217 | €48,791 | -€16,426 | -25.2% |
| Leasing and similar rights | 25 | €260,667 | - | -€260,667 | |
| Current assets | 29/58 | €7,383 | €148,461 | +€141,078 | +1910.8% |
| Cash at bank and in hand | 54/58 | €7,383 | €148,461 | +€141,078 | +1910.8% |
| Total equity and liabilities | 10/49 | €1,106,678 | €737,977 | -€368,701 | -33.3% |
| Equity | 10/15 | €559,265 | €563,039 | +€3,774 | +0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €497,265 | €501,039 | +€3,774 | +0.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €491,065 | €494,839 | +€3,774 | +0.8% |
| Amounts payable | 17/49 | €547,413 | €174,938 | -€372,475 | -68.0% |
| Amounts payable within one year | 42/48 | €547,413 | €174,938 | -€372,475 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €10,896 | - | -€10,896 | |
| Financial debts | 43 | €53,606 | €24,197 | -€29,409 | -54.9% |
| Credit institutions | 430/8 | €53,606 | €24,197 | -€29,409 | -54.9% |
| Trade debts | 44 | €8,170 | €49,896 | +€41,726 | +510.8% |
| Suppliers | 440/4 | €8,170 | €49,896 | +€41,726 | +510.8% |
| Other amounts payable | 47/48 | €474,742 | €100,846 | -€373,896 | -78.8% |
| Non-recurring operating income | 76A | - | €129,303 | +€129,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,479 | €79,112 | -€5,367 | -6.4% |
| Other operating charges | 640/8 | €3,485 | €1,850 | -€1,635 | -46.9% |
| Gross operating margin | 9900 | €31,211 | €114,877 | +€83,666 | +268.1% |
| Operating profit (loss) | 9901 | -€56,754 | €33,915 | +€90,668 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,452 | €2,420 | -€32 | -1.3% |
| Recurring financial charges | 65 | €2,452 | €2,420 | -€32 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€59,206 | €31,496 | +€90,702 | |
| Transfer from deferred taxes | 780 | €796 | - | -€796 | |
| Income taxes | 67/77 | - | €27,722 | +€27,722 | |
| Profit (loss) for the period | 9904 | -€58,410 | €3,774 | +€62,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,410 | €3,774 | +€62,184 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.