BROUWERS - ESSERS: 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.
BROUWERS - ESSERS
Largest movements
- Receivables within one year +€24,958
up €24,958 (+54.9%), from €45,437 to €70,395
of which Trade receivables: +€15,605
- Cash +€11,493
up €11,493 (+56.6%), from €20,307 to €31,800
mainly Net result for the year (+€34,870) and Other debts (+€26,780)
- Other debts +€26,780
up €26,780 (+358%), from €7,482 to €34,262
- Trade debts +€10,744
up €10,744 (+76.9%), from €13,970 to €24,715
- Debts after one year -€4,361
down €4,361 (-58.9%), from €7,404 to €3,043
- Gross operating margin +€44,828
up €44,828 (+214%), from €20,901 to €65,729
- Depreciation +€2,819
up €2,819 (+136%), from €2,066 to €4,884
- Staff costs -€2,545
down €2,545 (-9.4%), from €27,077 to €24,532
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 | €171,181 | €206,349 | +€35,169 | +20.5% |
| Fixed assets | 21/28 | €14,059 | €13,172 | -€886 | -6.3% |
| Tangible fixed assets | 22/27 | €12,019 | €11,132 | -€886 | -7.4% |
| Land and buildings | 22 | €863 | €575 | -€288 | -33.3% |
| Furniture and vehicles | 24 | €11,156 | €10,557 | -€599 | -5.4% |
| Financial fixed assets | 28 | €2,040 | €2,040 | = | 0.0% |
| Current assets | 29/58 | €157,122 | €193,177 | +€36,055 | +22.9% |
| Stocks and contracts in progress | 3 | €91,378 | €90,982 | -€396 | -0.4% |
| Stocks | 30/36 | €91,378 | €90,982 | -€396 | -0.4% |
| Amounts receivable within one year | 40/41 | €45,437 | €70,395 | +€24,958 | +54.9% |
| Trade receivables | 40 | €28,000 | €43,606 | +€15,605 | +55.7% |
| Other amounts receivable | 41 | €17,437 | €26,790 | +€9,353 | +53.6% |
| Cash at bank and in hand | 54/58 | €20,307 | €31,800 | +€11,493 | +56.6% |
| Total equity and liabilities | 10/49 | €171,181 | €206,349 | +€35,169 | +20.5% |
| Equity | 10/15 | €136,968 | €138,838 | +€1,870 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,368 | €120,238 | +€1,870 | +1.6% |
| Non-distributable reserves | 130/1 | €6,741 | €6,741 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €4,881 | €4,881 | = | 0.0% |
| Distributable reserves | 133 | €111,628 | €113,497 | +€1,870 | +1.7% |
| Amounts payable | 17/49 | €34,212 | €67,511 | +€33,299 | +97.3% |
| Amounts payable after more than one year | 17 | €7,404 | €3,043 | -€4,361 | -58.9% |
| Financial debts | 170/4 | €7,404 | €3,043 | -€4,361 | -58.9% |
| Amounts payable within one year | 42/48 | €26,808 | €64,468 | +€37,660 | +140% |
| Current portion of amounts payable after more than one year | 42 | €4,129 | €4,361 | +€232 | +5.6% |
| Financial debts | 43 | €1,226 | - | -€1,226 | |
| Credit institutions | 430/8 | €1,226 | - | -€1,226 | |
| Trade debts | 44 | €13,970 | €24,715 | +€10,744 | +76.9% |
| Suppliers | 440/4 | €13,970 | €24,715 | +€10,744 | +76.9% |
| Taxes, remuneration and social security | 45 | - | €1,130 | +€1,130 | |
| Taxes | 450/3 | - | €1,130 | +€1,130 | |
| Other amounts payable | 47/48 | €7,482 | €34,262 | +€26,780 | +358% |
| Remuneration, social security and pensions | 62 | €27,077 | €24,532 | -€2,545 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,066 | €4,884 | +€2,819 | +136% |
| Other operating charges | 640/8 | €1,570 | €1,082 | -€488 | -31.1% |
| Gross operating margin | 9900 | €20,901 | €65,729 | +€44,828 | +214% |
| Operating profit (loss) | 9901 | -€9,812 | €35,230 | +€45,042 | |
| Financial income | 75/76B | €817 | €1,005 | +€189 | +23.1% |
| Recurring financial income | 75 | €817 | €1,005 | +€189 | +23.1% |
| Financial charges | 65/66B | €1,320 | €1,112 | -€209 | -15.8% |
| Recurring financial charges | 65 | €1,320 | €1,112 | -€209 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,316 | €35,124 | +€45,439 | |
| Income taxes | 67/77 | €128 | €254 | +€126 | +98.4% |
| Profit (loss) for the period | 9904 | -€10,444 | €34,870 | +€45,313 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,444 | €34,870 | +€45,313 |
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 1 November 2026 via checked.be.