DE BREZENDE: 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 BREZENDE
Largest movements
- Cash -€32,770
down €32,770 (-76.1%), from €43,063 to €10,293
mainly Debts after one year (-€40,364) and Contributions, distributions and other (-€40,000)
- Tangible fixed assets -€30,807
down €30,807 (-12.2%), from €252,219 to €221,412
of which Furniture and vehicles: -€16,352
- Debts after one year -€40,364
down €40,364 (-32.7%), from €123,253 to €82,889
- Reserves -€30,270
down €30,270 (-31.1%), from €97,325 to €67,055
of which Distributable reserves: -€30,270
- Other debts +€8,733
up €8,733 (+33.8%), from €25,825 to €34,558
- Gross operating margin -€12,561
down €12,561 (-19.9%), from €63,277 to €50,716
- Taxes -€2,979
down €2,979 (-50.1%), from €5,949 to €2,969
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 | €310,868 | €246,887 | -€63,981 | -20.6% |
| Fixed assets | 21/28 | €252,219 | €221,412 | -€30,807 | -12.2% |
| Tangible fixed assets | 22/27 | €252,219 | €221,412 | -€30,807 | -12.2% |
| Land and buildings | 22 | €193,010 | €184,431 | -€8,579 | -4.4% |
| Plant, machinery and equipment | 23 | €9,998 | €4,122 | -€5,876 | -58.8% |
| Furniture and vehicles | 24 | €49,212 | €32,859 | -€16,352 | -33.2% |
| Current assets | 29/58 | €58,649 | €25,476 | -€33,174 | -56.6% |
| Amounts receivable within one year | 40/41 | €15,212 | €14,763 | -€449 | -3.0% |
| Trade receivables | 40 | €12,566 | €9,930 | -€2,636 | -21.0% |
| Other amounts receivable | 41 | €2,646 | €4,833 | +€2,187 | +82.6% |
| Cash at bank and in hand | 54/58 | €43,063 | €10,293 | -€32,770 | -76.1% |
| Deferred charges and accrued income | 490/1 | €375 | €420 | +€45 | +12.1% |
| Total equity and liabilities | 10/49 | €310,868 | €246,887 | -€63,981 | -20.6% |
| Equity | 10/15 | €115,925 | €85,655 | -€30,270 | -26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,325 | €67,055 | -€30,270 | -31.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €97,325 | €67,055 | -€30,270 | -31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €194,943 | €161,233 | -€33,711 | -17.3% |
| Amounts payable after more than one year | 17 | €123,253 | €82,889 | -€40,364 | -32.7% |
| Financial debts | 170/4 | €123,253 | €82,889 | -€40,364 | -32.7% |
| Amounts payable within one year | 42/48 | €71,690 | €78,344 | +€6,653 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €40,280 | €40,364 | +€84 | +0.2% |
| Financial debts | 43 | - | €97 | +€97 | |
| Credit institutions | 430/8 | - | €97 | +€97 | |
| Trade debts | 44 | €3,684 | €1,224 | -€2,459 | -66.8% |
| Suppliers | 440/4 | €3,684 | €1,224 | -€2,459 | -66.8% |
| Taxes, remuneration and social security | 45 | €1,902 | €2,100 | +€198 | +10.4% |
| Taxes | 450/3 | €1,902 | €2,100 | +€198 | +10.4% |
| Other amounts payable | 47/48 | €25,825 | €34,558 | +€8,733 | +33.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,499 | €30,807 | +€308 | +1.0% |
| Other operating charges | 640/8 | €2,305 | €2,421 | +€115 | +5.0% |
| Gross operating margin | 9900 | €63,277 | €50,716 | -€12,561 | -19.9% |
| Operating profit (loss) | 9901 | €30,472 | €17,488 | -€12,985 | -42.6% |
| Financial charges | 65/66B | €4,845 | €4,789 | -€56 | -1.2% |
| Recurring financial charges | 65 | €4,845 | €4,789 | -€56 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €25,627 | €12,699 | -€12,928 | -50.4% |
| Income taxes | 67/77 | €5,949 | €2,969 | -€2,979 | -50.1% |
| Profit (loss) for the period | 9904 | €19,679 | €9,730 | -€9,949 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,679 | €9,730 | -€9,949 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.