BROUX Grégory: 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.
BROUX Grégory
Largest movements
- Current investments +€85,000
up €85,000 (+92.3%), from €92,103 to €177,103
- Receivables within one year -€31,617
no longer reported in 2025 (was €31,617)
- Tangible fixed assets -€28,370
down €28,370 (-26.0%), from €109,272 to €80,902
of which Furniture and vehicles: -€26,683
- Cash +€16,347
up €16,347 (+16.7%), from €97,615 to €113,962
mainly Other debts (+€41,367) and Receivables within one year (+€31,617)
- Receivables after one year +€11,500
new in 2025: €11,500
- Reserves +€85,000
up €85,000 (+76.6%), from €110,963 to €195,963
of which Non-distributable reserves: +€85,000
- Profit (loss) carried forward -€54,437
down €54,437 (-52.2%), from €104,377 to €49,940
- Other debts +€41,367
new in 2025: €41,367
- Debts after one year -€19,071
down €19,071 (-22.5%), from €84,672 to €65,601
- Gross operating margin -€11,995
down €11,995 (-16.0%), from €75,175 to €63,181
- Depreciation -€2,947
down €2,947 (-9.4%), from €31,318 to €28,370
- Other operating charges -€2,429
down €2,429 (-61.7%), from €3,940 to €1,511
- Taxes -€2,296
no longer reported in 2025 (was €2,296)
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 | €330,608 | €383,467 | +€52,859 | +16.0% |
| Fixed assets | 21/28 | €109,272 | €80,902 | -€28,370 | -26.0% |
| Tangible fixed assets | 22/27 | €109,272 | €80,902 | -€28,370 | -26.0% |
| Plant, machinery and equipment | 23 | €11,507 | €9,819 | -€1,688 | -14.7% |
| Furniture and vehicles | 24 | €97,765 | €71,082 | -€26,683 | -27.3% |
| Current assets | 29/58 | €221,336 | €302,565 | +€81,230 | +36.7% |
| Amounts receivable after more than one year | 29 | - | €11,500 | +€11,500 | |
| Other amounts receivable | 291 | - | €11,500 | +€11,500 | |
| Amounts receivable within one year | 40/41 | €31,617 | - | -€31,617 | |
| Other amounts receivable | 41 | €31,617 | - | -€31,617 | |
| Current investments | 50/53 | €92,103 | €177,103 | +€85,000 | +92.3% |
| Cash at bank and in hand | 54/58 | €97,615 | €113,962 | +€16,347 | +16.7% |
| Total equity and liabilities | 10/49 | €330,608 | €383,467 | +€52,859 | +16.0% |
| Equity | 10/15 | €227,740 | €258,303 | +€30,563 | +13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Share premium | 1100/10 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €110,963 | €195,963 | +€85,000 | +76.6% |
| Non-distributable reserves | 130/1 | €93,963 | €178,963 | +€85,000 | +90.5% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | €92,103 | €177,103 | +€85,000 | +92.3% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,377 | €49,940 | -€54,437 | -52.2% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €87,868 | €110,164 | +€22,296 | +25.4% |
| Amounts payable after more than one year | 17 | €84,672 | €65,601 | -€19,071 | -22.5% |
| Financial debts | 170/4 | €84,672 | €65,601 | -€19,071 | -22.5% |
| Amounts payable within one year | 42/48 | €3,196 | €44,563 | +€41,367 | +1294.5% |
| Trade debts | 44 | €3,196 | €3,196 | = | 0.0% |
| Suppliers | 440/4 | €3,196 | €3,196 | = | 0.0% |
| Other amounts payable | 47/48 | - | €41,367 | +€41,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,318 | €28,370 | -€2,947 | -9.4% |
| Other operating charges | 640/8 | €3,940 | €1,511 | -€2,429 | -61.7% |
| Gross operating margin | 9900 | €75,175 | €63,181 | -€11,995 | -16.0% |
| Operating profit (loss) | 9901 | €39,917 | €33,300 | -€6,618 | -16.6% |
| Financial income | 75/76B | €1,059 | €690 | -€370 | -34.9% |
| Recurring financial income | 75 | €1,059 | €690 | -€370 | -34.9% |
| Financial charges | 65/66B | €3,825 | €3,426 | -€399 | -10.4% |
| Recurring financial charges | 65 | €3,825 | €3,426 | -€399 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €37,151 | €30,563 | -€6,588 | -17.7% |
| Income taxes | 67/77 | €2,296 | - | -€2,296 | |
| Profit (loss) for the period | 9904 | €34,855 | €30,563 | -€4,292 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,855 | €30,563 | -€4,292 | -12.3% |
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.