DE BREMEL: 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 BREMEL
Largest movements
- Stocks and contracts -€166,293
down €166,293 (-38.5%), from €431,852 to €265,559
- Tangible fixed assets +€22,522
up €22,522 (+7.0%), from €323,206 to €345,728
of which Plant, machinery and equipment: +€49,333
- Receivables within one year +€18,095
up €18,095 (+13.1%), from €138,488 to €156,583
of which Trade receivables: +€27,872
- Cash -€16,396
down €16,396 (-16.2%), from €100,991 to €84,595
mainly Investment in fixed assets (net) (-€112,891) and Net result for the year (-€86,259)
- Reserves -€86,259
down €86,259 (-24.6%), from €350,455 to €264,197
of which Distributable reserves: -€86,259
- Debts after one year -€15,933
down €15,933 (-78.2%), from €20,367 to €4,434
- Accrued charges and deferred income -€15,475
down €15,475 (-95.1%), from €16,264 to €789
- Gross operating margin -€50,961
down €50,961 (-82.8%), from €61,546 to €10,586
- Depreciation -€4,489
down €4,489 (-4.7%), from €94,858 to €90,369
- Other operating charges -€2,247
down €2,247 (-23.6%), from €9,515 to €7,268
- Financial income -€2,116
down €2,116 (-30.5%), from €6,944 to €4,827
- Financial charges -€1,873
down €1,873 (-31.7%), from €5,907 to €4,034
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 | €1,026,202 | €884,257 | -€141,945 | -13.8% |
| Fixed assets | 21/28 | €350,714 | €373,237 | +€22,522 | +6.4% |
| Tangible fixed assets | 22/27 | €323,206 | €345,728 | +€22,522 | +7.0% |
| Land and buildings | 22 | €122,677 | €106,553 | -€16,125 | -13.1% |
| Plant, machinery and equipment | 23 | €142,619 | €191,951 | +€49,333 | +34.6% |
| Furniture and vehicles | 24 | €57,910 | €47,224 | -€10,686 | -18.5% |
| Financial fixed assets | 28 | €27,509 | €27,509 | = | 0.0% |
| Current assets | 29/58 | €675,487 | €511,020 | -€164,467 | -24.3% |
| Stocks and contracts in progress | 3 | €431,852 | €265,559 | -€166,293 | -38.5% |
| Stocks | 30/36 | €431,852 | €265,559 | -€166,293 | -38.5% |
| Amounts receivable within one year | 40/41 | €138,488 | €156,583 | +€18,095 | +13.1% |
| Trade receivables | 40 | €108,715 | €136,587 | +€27,872 | +25.6% |
| Other amounts receivable | 41 | €29,772 | €19,995 | -€9,777 | -32.8% |
| Cash at bank and in hand | 54/58 | €100,991 | €84,595 | -€16,396 | -16.2% |
| Deferred charges and accrued income | 490/1 | €4,157 | €4,284 | +€127 | +3.0% |
| Total equity and liabilities | 10/49 | €1,026,202 | €884,257 | -€141,945 | -13.8% |
| Equity | 10/15 | €392,481 | €302,238 | -€90,243 | -23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €350,455 | €264,197 | -€86,259 | -24.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €350,455 | €264,197 | -€86,259 | -24.6% |
| Investment grants | 15 | €23,426 | €19,441 | -€3,985 | -17.0% |
| Provisions and deferred taxes | 16 | €1,233 | €1,023 | -€210 | -17.0% |
| Deferred taxes | 168 | €1,233 | €1,023 | -€210 | -17.0% |
| Amounts payable | 17/49 | €632,488 | €580,996 | -€51,492 | -8.1% |
| Amounts payable after more than one year | 17 | €20,367 | €4,434 | -€15,933 | -78.2% |
| Financial debts | 170/4 | €20,367 | €4,434 | -€15,933 | -78.2% |
| Amounts payable within one year | 42/48 | €595,857 | €575,773 | -€20,084 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €80,364 | €72,301 | -€8,064 | -10.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €497,781 | €492,249 | -€5,532 | -1.1% |
| Suppliers | 440/4 | €497,781 | €492,249 | -€5,532 | -1.1% |
| Taxes, remuneration and social security | 45 | €11,887 | €9,439 | -€2,449 | -20.6% |
| Taxes | 450/3 | €10,387 | €7,629 | -€2,759 | -26.6% |
| Remuneration and social security | 454/9 | €1,500 | €1,810 | +€310 | +20.7% |
| Other amounts payable | 47/48 | €5,824 | €1,784 | -€4,040 | -69.4% |
| Accrued charges and deferred income | 492/3 | €16,264 | €789 | -€15,475 | -95.1% |
| Non-recurring operating income | 76A | - | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,858 | €90,369 | -€4,489 | -4.7% |
| Other operating charges | 640/8 | €9,515 | €7,268 | -€2,247 | -23.6% |
| Gross operating margin | 9900 | €61,546 | €10,586 | -€50,961 | -82.8% |
| Operating profit (loss) | 9901 | -€42,827 | -€87,052 | -€44,224 | -103.3% |
| Financial income | 75/76B | €6,944 | €4,827 | -€2,116 | -30.5% |
| Recurring financial income | 75 | €6,944 | €4,827 | -€2,116 | -30.5% |
| Financial charges | 65/66B | €5,907 | €4,034 | -€1,873 | -31.7% |
| Recurring financial charges | 65 | €5,907 | €4,034 | -€1,873 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€41,791 | -€86,259 | -€44,468 | -106.4% |
| Transfer from deferred taxes | 780 | €328 | €210 | -€118 | -36.0% |
| Income taxes | 67/77 | €328 | €210 | -€118 | -36.0% |
| Profit (loss) for the period | 9904 | -€41,791 | -€86,259 | -€44,468 | -106.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,791 | -€86,259 | -€44,468 | -106.4% |
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 12 October 2026 via checked.be.