De Brandt Technics: 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.
De Brandt Technics
Largest movements
- Tangible fixed assets +€36,225
up €36,225 (+80.9%), from €44,804 to €81,029
- Receivables within one year -€32,099
down €32,099 (-46.1%), from €69,613 to €37,514
of which Other amounts receivable: -€19,079
- Cash -€23,352
down €23,352 (-23.5%), from €99,366 to €76,014
mainly Investment in fixed assets (net) (-€53,425) and Other debts (-€49,432)
- Stocks and contracts -€11,989
down €11,989 (-58.5%), from €20,507 to €8,518
of which Stocks: -€12,500
- Reserves +€54,773
up €54,773 (+104%), from €52,788 to €107,561
- Other debts -€49,432
down €49,432 (-85.3%), from €57,927 to €8,494
- Trade debts -€46,384
down €46,384 (-69.8%), from €66,416 to €20,032
- Tax, wage and social debts +€18,070
up €18,070 (+97.1%), from €18,605 to €36,674
of which Taxes: +€17,929
- Debts after one year -€7,913
down €7,913 (-27.1%), from €29,161 to €21,248
- Gross operating margin +€41,153
up €41,153 (+32.4%), from €127,148 to €168,300
- Staff costs +€16,076
up €16,076 (+34.0%), from €47,238 to €63,314
- Write-downs +€11,838
new in 2025: €11,838
- Depreciation +€8,673
up €8,673 (+102%), from €8,527 to €17,200
- Other operating charges +€1,925
up €1,925 (+137%), from €1,401 to €3,326
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 | €235,866 | €204,922 | -€30,944 | -13.1% |
| Fixed assets | 21/28 | €45,041 | €81,267 | +€36,225 | +80.4% |
| Tangible fixed assets | 22/27 | €44,804 | €81,029 | +€36,225 | +80.9% |
| Land and buildings | 22 | - | €15,075 | +€15,075 | |
| Plant, machinery and equipment | 23 | €1,259 | €4,893 | +€3,634 | +289% |
| Furniture and vehicles | 24 | €43,545 | €61,062 | +€17,517 | +40.2% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €190,825 | €123,655 | -€67,169 | -35.2% |
| Stocks and contracts in progress | 3 | €20,507 | €8,518 | -€11,989 | -58.5% |
| Stocks | 30/36 | €20,507 | €8,007 | -€12,500 | -61.0% |
| Contracts in progress | 37 | - | €511 | +€511 | |
| Amounts receivable within one year | 40/41 | €69,613 | €37,514 | -€32,099 | -46.1% |
| Trade receivables | 40 | €47,871 | €34,850 | -€13,020 | -27.2% |
| Other amounts receivable | 41 | €21,743 | €2,664 | -€19,079 | -87.7% |
| Cash at bank and in hand | 54/58 | €99,366 | €76,014 | -€23,352 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,339 | €1,609 | +€270 | +20.2% |
| Total equity and liabilities | 10/49 | €235,866 | €204,922 | -€30,944 | -13.1% |
| Equity | 10/15 | €55,788 | €110,561 | +€54,773 | +98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,788 | €107,561 | +€54,773 | +104% |
| Distributable reserves | 133 | €52,788 | €107,561 | +€54,773 | +104% |
| Amounts payable | 17/49 | €180,078 | €94,361 | -€85,717 | -47.6% |
| Amounts payable after more than one year | 17 | €29,161 | €21,248 | -€7,913 | -27.1% |
| Financial debts | 170/4 | €29,161 | €21,248 | -€7,913 | -27.1% |
| Amounts payable within one year | 42/48 | €150,546 | €73,114 | -€77,432 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €7,599 | €7,913 | +€315 | +4.1% |
| Trade debts | 44 | €66,416 | €20,032 | -€46,384 | -69.8% |
| Suppliers | 440/4 | €66,416 | €20,032 | -€46,384 | -69.8% |
| Taxes, remuneration and social security | 45 | €18,605 | €36,674 | +€18,070 | +97.1% |
| Taxes | 450/3 | €17,625 | €35,553 | +€17,929 | +102% |
| Remuneration and social security | 454/9 | €980 | €1,121 | +€141 | +14.4% |
| Other amounts payable | 47/48 | €57,927 | €8,494 | -€49,432 | -85.3% |
| Accrued charges and deferred income | 492/3 | €372 | €0 | -€372 | -100% |
| Remuneration, social security and pensions | 62 | €47,238 | €63,314 | +€16,076 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,527 | €17,200 | +€8,673 | +102% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,838 | +€11,838 | |
| Other operating charges | 640/8 | €1,401 | €3,326 | +€1,925 | +137% |
| Gross operating margin | 9900 | €127,148 | €168,300 | +€41,153 | +32.4% |
| Operating profit (loss) | 9901 | €69,981 | €72,622 | +€2,640 | +3.8% |
| Financial income | 75/76B | €1,499 | €1,312 | -€187 | -12.5% |
| Recurring financial income | 75 | €1,499 | €1,312 | -€187 | -12.5% |
| Financial charges | 65/66B | €1,076 | €1,534 | +€458 | +42.6% |
| Recurring financial charges | 65 | €1,076 | €1,534 | +€458 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €70,404 | €72,400 | +€1,995 | +2.8% |
| Income taxes | 67/77 | €17,617 | €17,626 | +€10 | +0.1% |
| Profit (loss) for the period | 9904 | €52,788 | €54,773 | +€1,985 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,788 | €54,773 | +€1,985 | +3.8% |
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.