BROUCKHOF: 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.
BROUCKHOF
Largest movements
- Receivables within one year +€369,255
up €369,255 (+219%), from €168,991 to €538,246
of which Trade receivables: +€370,825
- Cash -€49,593
down €49,593 (-14.0%), from €355,231 to €305,638
mainly Receivables within one year (-€369,255) and Debts after one year (-€20,000)
- Tangible fixed assets -€30,276
down €30,276 (-5.9%), from €509,012 to €478,736
of which Land and buildings: -€26,948
- Profit (loss) carried forward +€187,356
up €187,356 (+13.6%), from €1.4m to €1.6m
- Other debts +€141,500
new in 2025: €141,500
- Debts after one year -€20,000
down €20,000 (-32.4%), from €61,666 to €41,666
- Reserves -€19,332
down €19,332 (-90.6%), from €21,332 to €2,000
of which Distributable reserves: -€17,332
- Gross operating margin +€63,089
up €63,089 (+45.6%), from €138,319 to €201,408
- Depreciation +€19,526
up €19,526 (+182%), from €10,750 to €30,276
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 | €1,506,894 | €1,796,300 | +€289,407 | +19.2% |
| Fixed assets | 21/28 | €982,012 | €951,736 | -€30,276 | -3.1% |
| Tangible fixed assets | 22/27 | €509,012 | €478,736 | -€30,276 | -5.9% |
| Land and buildings | 22 | €463,731 | €436,783 | -€26,948 | -5.8% |
| Furniture and vehicles | 24 | €45,281 | €41,953 | -€3,328 | -7.3% |
| Financial fixed assets | 28 | €473,000 | €473,000 | = | 0.0% |
| Current assets | 29/58 | €524,882 | €844,564 | +€319,682 | +60.9% |
| Amounts receivable within one year | 40/41 | €168,991 | €538,246 | +€369,255 | +219% |
| Trade receivables | 40 | €167,028 | €537,853 | +€370,825 | +222% |
| Other amounts receivable | 41 | €1,963 | €392 | -€1,571 | -80.0% |
| Cash at bank and in hand | 54/58 | €355,231 | €305,638 | -€49,593 | -14.0% |
| Deferred charges and accrued income | 490/1 | €660 | €680 | +€21 | +3.1% |
| Total equity and liabilities | 10/49 | €1,506,894 | €1,796,300 | +€289,407 | +19.2% |
| Equity | 10/15 | €1,421,808 | €1,589,832 | +€168,024 | +11.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €21,332 | €2,000 | -€19,332 | -90.6% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €19,332 | €2,000 | -€17,332 | -89.7% |
| Profit (loss) carried forward | 14 | €1,380,476 | €1,567,832 | +€187,356 | +13.6% |
| Amounts payable | 17/49 | €85,086 | €206,468 | +€121,383 | +143% |
| Amounts payable after more than one year | 17 | €61,666 | €41,666 | -€20,000 | -32.4% |
| Financial debts | 170/4 | €61,666 | €41,666 | -€20,000 | -32.4% |
| Amounts payable within one year | 42/48 | €20,447 | €161,880 | +€141,433 | +692% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €406 | €338 | -€68 | -16.7% |
| Suppliers | 440/4 | €406 | €338 | -€68 | -16.7% |
| Taxes, remuneration and social security | 45 | €41 | €42 | +€1 | +2.3% |
| Taxes | 450/3 | €41 | €42 | +€1 | +2.3% |
| Other amounts payable | 47/48 | - | €141,500 | +€141,500 | |
| Accrued charges and deferred income | 492/3 | €2,973 | €2,922 | -€50 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,750 | €30,276 | +€19,526 | +182% |
| Other operating charges | 640/8 | €347 | €958 | +€611 | +176% |
| Gross operating margin | 9900 | €138,319 | €201,408 | +€63,089 | +45.6% |
| Operating profit (loss) | 9901 | €127,222 | €170,174 | +€42,953 | +33.8% |
| Financial income | 75/76B | €22,263 | €21,043 | -€1,220 | -5.5% |
| Recurring financial income | 75 | €22,263 | €21,043 | -€1,220 | -5.5% |
| Financial charges | 65/66B | €4,845 | €3,861 | -€983 | -20.3% |
| Recurring financial charges | 65 | €4,845 | €3,861 | -€983 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €144,640 | €187,356 | +€42,716 | +29.5% |
| Profit (loss) for the period | 9904 | €144,640 | €187,356 | +€42,716 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €144,640 | €187,356 | +€42,716 | +29.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.