Brothers Immo: 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.
Brothers Immo
Largest movements
- Stocks and contracts +€71,569
up €71,569 (+47.0%), from €152,204 to €223,774
- Cash +€28,931
new in 2025: €28,931
mainly Debts after one year (+€115,000) and Receivables within one year (+€9,646)
- Receivables within one year -€9,646
down €9,646 (-79.7%), from €12,104 to €2,459
- Debts after one year +€115,000
new in 2025: €115,000
- Profit (loss) carried forward -€24,197
down €24,197 (-455%), from -€5,324 to -€29,521
- Gross operating margin -€10,533
down €10,533 (-221%), from -€4,756 to -€15,290
- Financial charges +€7,987
up €7,987 (+4,437%), from €180 to €8,167
- Other operating charges +€354
up €354 (+91.3%), from €387 to €741
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.
Derived cash bridge
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 | €164,309 | €255,164 | +€90,855 | +55.3% |
| Current assets | 29/58 | €164,309 | €255,164 | +€90,855 | +55.3% |
| Stocks and contracts in progress | 3 | €152,204 | €223,774 | +€71,569 | +47.0% |
| Stocks | 30/36 | €152,204 | €223,774 | +€71,569 | +47.0% |
| Amounts receivable within one year | 40/41 | €12,104 | €2,459 | -€9,646 | -79.7% |
| Trade receivables | 40 | €12,104 | €2,459 | -€9,646 | -79.7% |
| Cash at bank and in hand | 54/58 | - | €28,931 | +€28,931 | |
| Total equity and liabilities | 10/49 | €164,309 | €255,164 | +€90,855 | +55.3% |
| Equity | 10/15 | €24,676 | €479 | -€24,197 | -98.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,324 | -€29,521 | -€24,197 | -455% |
| Amounts payable | 17/49 | €139,632 | €254,685 | +€115,053 | +82.4% |
| Amounts payable after more than one year | 17 | - | €115,000 | +€115,000 | |
| Financial debts | 170/4 | - | €115,000 | +€115,000 | |
| Amounts payable within one year | 42/48 | €139,632 | €139,685 | +€53 | 0.0% |
| Trade debts | 44 | €1,687 | €1,398 | -€290 | -17.2% |
| Suppliers | 440/4 | €1,687 | €1,398 | -€290 | -17.2% |
| Other amounts payable | 47/48 | €137,945 | €138,287 | +€342 | +0.2% |
| Other operating charges | 640/8 | €387 | €741 | +€354 | +91.3% |
| Gross operating margin | 9900 | -€4,756 | -€15,290 | -€10,533 | -221% |
| Operating profit (loss) | 9901 | -€5,144 | -€16,031 | -€10,887 | -212% |
| Financial charges | 65/66B | €180 | €8,167 | +€7,987 | +4,437% |
| Recurring financial charges | 65 | €180 | €8,167 | +€7,987 | +4,437% |
| Profit (loss) for the period before taxes | 9903 | -€5,324 | -€24,197 | -€18,874 | -355% |
| Profit (loss) for the period | 9904 | -€5,324 | -€24,197 | -€18,874 | -355% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,324 | -€24,197 | -€18,874 | -355% |
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 19 October 2026 via checked.be.