DE STATIE BRECHT: 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 STATIE BRECHT
Largest movements
- Cash -€43,586
down €43,586 (-53.2%), from €81,861 to €38,275
mainly Contributions, distributions and other (-€152,410) and Investment in fixed assets (net) (-€24,565)
- Current investments -€40,000
down €40,000 (-40.0%), from €100,000 to €60,000
- Receivables within one year -€10,833
down €10,833 (-17.7%), from €61,122 to €50,289
of which Other amounts receivable: -€15,723
- Stocks and contracts +€7,180
up €7,180 (+39.4%), from €18,220 to €25,400
- Tangible fixed assets +€3,675
up €3,675 (+10.0%), from €36,608 to €40,283
of which Other tangible fixed assets: +€19,714
- Reserves -€133,817
down €133,817 (-65.4%), from €204,530 to €70,712
- Other debts +€44,833
up €44,833 (+1,864%), from €2,405 to €47,238
- Trade debts -€18,469
down €18,469 (-35.1%), from €52,553 to €34,084
- Debts after one year +€14,000
up €14,000 (+206%), from €6,800 to €20,800
- Tax, wage and social debts +€12,494
up €12,494 (+50.8%), from €24,615 to €37,109
of which Taxes: +€7,926
- Gross operating margin -€64,781
down €64,781 (-21.7%), from €298,949 to €234,168
- Staff costs -€19,763
down €19,763 (-9.8%), from €201,348 to €181,585
- Taxes -€11,591
down €11,591 (-51.6%), from €22,448 to €10,857
- Financial income +€3,626
up €3,626 (+292%), from €1,241 to €4,868
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 | €308,472 | €223,944 | -€84,528 | -27.4% |
| Fixed assets | 21/28 | €41,568 | €45,243 | +€3,675 | +8.8% |
| Tangible fixed assets | 22/27 | €36,608 | €40,283 | +€3,675 | +10.0% |
| Plant, machinery and equipment | 23 | €4,376 | €3,120 | -€1,256 | -28.7% |
| Furniture and vehicles | 24 | €25,962 | €11,179 | -€14,783 | -56.9% |
| Other tangible fixed assets | 26 | €6,270 | €25,983 | +€19,714 | +314% |
| Financial fixed assets | 28 | €4,960 | €4,960 | = | 0.0% |
| Current assets | 29/58 | €266,904 | €178,701 | -€88,203 | -33.0% |
| Stocks and contracts in progress | 3 | €18,220 | €25,400 | +€7,180 | +39.4% |
| Stocks | 30/36 | €18,220 | €25,400 | +€7,180 | +39.4% |
| Amounts receivable within one year | 40/41 | €61,122 | €50,289 | -€10,833 | -17.7% |
| Trade receivables | 40 | €36,683 | €41,573 | +€4,890 | +13.3% |
| Other amounts receivable | 41 | €24,439 | €8,716 | -€15,723 | -64.3% |
| Current investments | 50/53 | €100,000 | €60,000 | -€40,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €81,861 | €38,275 | -€43,586 | -53.2% |
| Deferred charges and accrued income | 490/1 | €5,701 | €4,737 | -€964 | -16.9% |
| Total equity and liabilities | 10/49 | €308,472 | €223,944 | -€84,528 | -27.4% |
| Equity | 10/15 | €206,530 | €72,712 | -€133,817 | -64.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €204,530 | €70,712 | -€133,817 | -65.4% |
| Distributable reserves | 133 | €204,530 | €70,712 | -€133,817 | -65.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €101,942 | €151,232 | +€49,289 | +48.4% |
| Amounts payable after more than one year | 17 | €6,800 | €20,800 | +€14,000 | +206% |
| Financial debts | 170/4 | €6,800 | €20,800 | +€14,000 | +206% |
| Amounts payable within one year | 42/48 | €93,799 | €130,432 | +€36,633 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €14,225 | €12,000 | -€2,225 | -15.6% |
| Trade debts | 44 | €52,553 | €34,084 | -€18,469 | -35.1% |
| Suppliers | 440/4 | €52,553 | €34,084 | -€18,469 | -35.1% |
| Taxes, remuneration and social security | 45 | €24,615 | €37,109 | +€12,494 | +50.8% |
| Taxes | 450/3 | €17,340 | €25,266 | +€7,926 | +45.7% |
| Remuneration and social security | 454/9 | €7,275 | €11,844 | +€4,568 | +62.8% |
| Other amounts payable | 47/48 | €2,405 | €47,238 | +€44,833 | +1,864% |
| Accrued charges and deferred income | 492/3 | €1,344 | €0 | -€1,344 | -100% |
| Remuneration, social security and pensions | 62 | €201,348 | €181,585 | -€19,763 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,367 | €20,890 | +€1,523 | +7.9% |
| Other operating charges | 640/8 | €2,775 | €3,145 | +€370 | +13.3% |
| Gross operating margin | 9900 | €298,949 | €234,168 | -€64,781 | -21.7% |
| Operating profit (loss) | 9901 | €75,458 | €28,547 | -€46,910 | -62.2% |
| Financial income | 75/76B | €1,241 | €4,868 | +€3,626 | +292% |
| Recurring financial income | 75 | €1,241 | €4,868 | +€3,626 | +292% |
| Financial charges | 65/66B | €3,889 | €3,965 | +€76 | +1.9% |
| Recurring financial charges | 65 | €3,889 | €3,965 | +€76 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €72,810 | €29,450 | -€43,360 | -59.6% |
| Income taxes | 67/77 | €22,448 | €10,857 | -€11,591 | -51.6% |
| Profit (loss) for the period | 9904 | €50,362 | €18,593 | -€31,769 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,362 | €18,593 | -€31,769 | -63.1% |
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 19 October 2026 via checked.be.