BROZUS: 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.
BROZUS
Largest movements
- Receivables within one year +€26,492
up €26,492 (+202%), from €13,111 to €39,603
of which Trade receivables: +€26,476
- Tangible fixed assets -€12,275
down €12,275 (-25.2%), from €48,674 to €36,399
of which Leasing and similar rights: -€10,547
- Cash -€2,777
down €2,777 (-20.8%), from €13,325 to €10,549
mainly Receivables within one year (-€26,492) and Debts after one year (-€9,969)
- Reserves +€16,435
up €16,435 (+120%), from €13,680 to €30,116
- Debts after one year -€9,969
down €9,969 (-28.7%), from €34,705 to €24,736
- Tax, wage and social debts +€4,869
up €4,869 (+69.4%), from €7,017 to €11,886
of which Taxes: +€4,494
- Gross operating margin +€5,188
up €5,188 (+15.9%), from €32,670 to €37,858
- Financial charges -€2,380
down €2,380 (-49.5%), from €4,811 to €2,431
of which Non-recurring financial charges: -€1,997
- Depreciation +€2,330
up €2,330 (+22.6%), from €10,312 to €12,642
- Taxes +€1,905
up €1,905 (+70.2%), from €2,712 to €4,616
- Other operating charges +€579
up €579 (+50.0%), from €1,156 to €1,735
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 | €76,818 | €88,288 | +€11,470 | +14.9% |
| Fixed assets | 21/28 | €49,244 | €36,969 | -€12,275 | -24.9% |
| Tangible fixed assets | 22/27 | €48,674 | €36,399 | -€12,275 | -25.2% |
| Furniture and vehicles | 24 | €4,657 | €2,929 | -€1,727 | -37.1% |
| Leasing and similar rights | 25 | €44,017 | €33,470 | -€10,547 | -24.0% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €27,574 | €51,319 | +€23,745 | +86.1% |
| Amounts receivable within one year | 40/41 | €13,111 | €39,603 | +€26,492 | +202% |
| Trade receivables | 40 | €12,235 | €38,711 | +€26,476 | +216% |
| Other amounts receivable | 41 | €876 | €891 | +€15 | +1.8% |
| Cash at bank and in hand | 54/58 | €13,325 | €10,549 | -€2,777 | -20.8% |
| Deferred charges and accrued income | 490/1 | €1,138 | €1,168 | +€30 | +2.6% |
| Total equity and liabilities | 10/49 | €76,818 | €88,288 | +€11,470 | +14.9% |
| Equity | 10/15 | €19,680 | €36,116 | +€16,435 | +83.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €13,680 | €30,116 | +€16,435 | +120% |
| Distributable reserves | 133 | €13,680 | €30,116 | +€16,435 | +120% |
| Amounts payable | 17/49 | €57,138 | €52,173 | -€4,965 | -8.7% |
| Amounts payable after more than one year | 17 | €34,705 | €24,736 | -€9,969 | -28.7% |
| Financial debts | 170/4 | €34,705 | €24,736 | -€9,969 | -28.7% |
| Amounts payable within one year | 42/48 | €22,296 | €27,293 | +€4,997 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €9,416 | €9,969 | +€553 | +5.9% |
| Trade debts | 44 | €4,012 | €4,032 | +€19 | +0.5% |
| Suppliers | 440/4 | €4,012 | €4,032 | +€19 | +0.5% |
| Taxes, remuneration and social security | 45 | €7,017 | €11,886 | +€4,869 | +69.4% |
| Taxes | 450/3 | €5,032 | €9,526 | +€4,494 | +89.3% |
| Remuneration and social security | 454/9 | €1,985 | €2,360 | +€375 | +18.9% |
| Other amounts payable | 47/48 | €1,850 | €1,406 | -€444 | -24.0% |
| Accrued charges and deferred income | 492/3 | €138 | €144 | +€6 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,312 | €12,642 | +€2,330 | +22.6% |
| Other operating charges | 640/8 | €1,156 | €1,735 | +€579 | +50.0% |
| Gross operating margin | 9900 | €32,670 | €37,858 | +€5,188 | +15.9% |
| Operating profit (loss) | 9901 | €21,203 | €23,482 | +€2,279 | +10.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | +464% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +464% |
| Financial charges | 65/66B | €4,811 | €2,431 | -€2,380 | -49.5% |
| Recurring financial charges | 65 | €2,814 | €2,431 | -€383 | -13.6% |
| Non-recurring financial charges | 66B | €1,997 | - | -€1,997 | |
| Profit (loss) for the period before taxes | 9903 | €16,392 | €21,051 | +€4,659 | +28.4% |
| Income taxes | 67/77 | €2,712 | €4,616 | +€1,905 | +70.2% |
| Profit (loss) for the period | 9904 | €13,680 | €16,435 | +€2,755 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,680 | €16,435 | +€2,755 | +20.1% |
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 17 October 2026 via checked.be.