DE BROUWER JOHAN: 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 BROUWER JOHAN
Largest movements
- Receivables within one year -€11,725
down €11,725 (-15.4%), from €76,215 to €64,490
of which Other amounts receivable: -€7,835
- Cash -€10,653
down €10,653 (-41.0%), from €25,957 to €15,304
mainly Investment in fixed assets (net) (-€49,937) and Contributions, distributions and other (-€21,509)
- Tangible fixed assets +€3,679
up €3,679 (+1.8%), from €203,240 to €206,919
of which Furniture and vehicles: +€12,131
- Debts after one year -€16,601
down €16,601 (-42.1%), from €39,411 to €22,810
- Tax, wage and social debts -€8,952
down €8,952 (-51.0%), from €17,556 to €8,604
- Current portion of long-term debt +€7,431
up €7,431 (+43.8%), from €16,984 to €24,415
- Gross operating margin -€22,652
down €22,652 (-20.7%), from €109,473 to €86,821
- Depreciation -€2,890
down €2,890 (-5.9%), from €49,148 to €46,258
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 | €308,387 | €288,805 | -€19,582 | -6.3% |
| Fixed assets | 21/28 | €203,573 | €207,252 | +€3,679 | +1.8% |
| Tangible fixed assets | 22/27 | €203,240 | €206,919 | +€3,679 | +1.8% |
| Land and buildings | 22 | €88,233 | €75,875 | -€12,358 | -14.0% |
| Plant, machinery and equipment | 23 | €307 | €4,213 | +€3,906 | +1,272% |
| Furniture and vehicles | 24 | €114,700 | €126,831 | +€12,131 | +10.6% |
| Financial fixed assets | 28 | €333 | €333 | = | 0.0% |
| Current assets | 29/58 | €104,814 | €81,553 | -€23,261 | -22.2% |
| Amounts receivable within one year | 40/41 | €76,215 | €64,490 | -€11,725 | -15.4% |
| Trade receivables | 40 | €56,048 | €52,158 | -€3,890 | -6.9% |
| Other amounts receivable | 41 | €20,167 | €12,332 | -€7,835 | -38.9% |
| Cash at bank and in hand | 54/58 | €25,957 | €15,304 | -€10,653 | -41.0% |
| Deferred charges and accrued income | 490/1 | €2,642 | €1,759 | -€883 | -33.4% |
| Total equity and liabilities | 10/49 | €308,387 | €288,805 | -€19,582 | -6.3% |
| Equity | 10/15 | €140,886 | €140,865 | -€21 | 0.0% |
| Contributions | 10/11 | €10,412 | €10,412 | = | 0.0% |
| Reserves | 13 | €130,474 | €130,453 | -€21 | 0.0% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €122,974 | €122,953 | -€21 | 0.0% |
| Amounts payable | 17/49 | €167,501 | €147,940 | -€19,561 | -11.7% |
| Amounts payable after more than one year | 17 | €39,411 | €22,810 | -€16,601 | -42.1% |
| Financial debts | 170/4 | €39,411 | €22,810 | -€16,601 | -42.1% |
| Amounts payable within one year | 42/48 | €128,090 | €125,130 | -€2,960 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €16,984 | €24,415 | +€7,431 | +43.8% |
| Trade debts | 44 | €30,612 | €27,677 | -€2,935 | -9.6% |
| Suppliers | 440/4 | €30,612 | €27,677 | -€2,935 | -9.6% |
| Taxes, remuneration and social security | 45 | €17,556 | €8,604 | -€8,952 | -51.0% |
| Taxes | 450/3 | €17,556 | €8,604 | -€8,952 | -51.0% |
| Other amounts payable | 47/48 | €62,938 | €64,434 | +€1,496 | +2.4% |
| Non-recurring operating income | 76A | €35,000 | €11,484 | -€23,516 | -67.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,148 | €46,258 | -€2,890 | -5.9% |
| Other operating charges | 640/8 | €1,335 | €2,154 | +€819 | +61.3% |
| Gross operating margin | 9900 | €109,473 | €86,821 | -€22,652 | -20.7% |
| Operating profit (loss) | 9901 | €58,990 | €38,409 | -€20,581 | -34.9% |
| Financial income | 75/76B | €248 | - | -€248 | |
| Recurring financial income | 75 | €248 | - | -€248 | |
| Financial charges | 65/66B | €4,022 | €3,316 | -€706 | -17.6% |
| Recurring financial charges | 65 | €4,022 | €3,316 | -€706 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €55,216 | €35,093 | -€20,123 | -36.4% |
| Income taxes | 67/77 | €13,552 | €13,605 | +€53 | +0.4% |
| Profit (loss) for the period | 9904 | €41,664 | €21,488 | -€20,176 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,664 | €21,488 | -€20,176 | -48.4% |
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 29 October 2026 via checked.be.