Brothers & sons: 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 & sons
Largest movements
- Cash +€133,400
up €133,400 (+125%), from €106,785 to €240,186
mainly Net result for the year (+€141,405) and Tax, wage and social debts (+€19,941)
- Current investments +€19,551
new in 2025: €19,551
- Tangible fixed assets -€9,162
down €9,162 (-5.3%), from €173,242 to €164,080
of which Land and buildings: -€10,391
- Profit (loss) carried forward +€141,405
up €141,405 (+81.5%), from -€173,533 to -€32,129
- Tax, wage and social debts +€19,941
up €19,941 (+183%), from €10,882 to €30,823
- Debts after one year -€18,942
down €18,942 (-6.1%), from €311,711 to €292,770
- Gross operating margin +€112,122
up €112,122 (+176%), from €63,759 to €175,881
- Taxes +€20,088
new in 2025: €20,088
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 | €301,603 | €444,979 | +€143,376 | +47.5% |
| Fixed assets | 21/28 | €173,992 | €164,830 | -€9,162 | -5.3% |
| Tangible fixed assets | 22/27 | €173,242 | €164,080 | -€9,162 | -5.3% |
| Land and buildings | 22 | €173,242 | €162,851 | -€10,391 | -6.0% |
| Furniture and vehicles | 24 | - | €1,229 | +€1,229 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €127,611 | €280,149 | +€152,538 | +120% |
| Amounts receivable within one year | 40/41 | €20,389 | €20,413 | +€24 | +0.1% |
| Trade receivables | 40 | €20,389 | €20,389 | = | 0.0% |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Current investments | 50/53 | - | €19,551 | +€19,551 | |
| Cash at bank and in hand | 54/58 | €106,785 | €240,186 | +€133,400 | +125% |
| Deferred charges and accrued income | 490/1 | €437 | - | -€437 | |
| Total equity and liabilities | 10/49 | €301,603 | €444,979 | +€143,376 | +47.5% |
| Equity | 10/15 | -€23,779 | €117,626 | +€141,405 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €143,554 | €143,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,533 | -€32,129 | +€141,405 | +81.5% |
| Amounts payable | 17/49 | €325,382 | €327,354 | +€1,972 | +0.6% |
| Amounts payable after more than one year | 17 | €311,711 | €292,770 | -€18,942 | -6.1% |
| Other amounts payable | 178/9 | €311,711 | €292,770 | -€18,942 | -6.1% |
| Amounts payable within one year | 42/48 | €13,665 | €34,584 | +€20,918 | +153% |
| Trade debts | 44 | €553 | €1,531 | +€978 | +177% |
| Suppliers | 440/4 | €553 | €1,531 | +€978 | +177% |
| Taxes, remuneration and social security | 45 | €10,882 | €30,823 | +€19,941 | +183% |
| Taxes | 450/3 | €10,882 | €30,823 | +€19,941 | +183% |
| Other amounts payable | 47/48 | €2,230 | €2,230 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5 | - | -€5 | |
| Remuneration, social security and pensions | 62 | €143 | €1,494 | +€1,351 | +943% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,095 | €10,740 | +€645 | +6.4% |
| Other operating charges | 640/8 | €1,954 | €2,079 | +€125 | +6.4% |
| Gross operating margin | 9900 | €63,759 | €175,881 | +€112,122 | +176% |
| Operating profit (loss) | 9901 | €51,567 | €161,568 | +€110,001 | +213% |
| Financial charges | 65/66B | €59 | €76 | +€17 | +28.2% |
| Recurring financial charges | 65 | €59 | €76 | +€17 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €51,508 | €161,492 | +€109,984 | +214% |
| Income taxes | 67/77 | - | €20,088 | +€20,088 | |
| Profit (loss) for the period | 9904 | €51,508 | €141,405 | +€89,897 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €51,508 | €141,405 | +€89,897 | +175% |
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 26 October 2026 via checked.be.