DEGROOTE 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.
DEGROOTE BRECHT
Largest movements
- Tangible fixed assets -€17,866
down €17,866 (-21.2%), from €84,410 to €66,545
of which Leasing and similar rights: -€16,834
- Receivables within one year -€10,594
down €10,594 (-8.8%), from €120,426 to €109,832
of which Trade receivables: -€6,304
- Short-term financial debts -€14,563
down €14,563 (-100%), from €14,563 to €0
- Profit (loss) carried forward -€11,972
down €11,972 (-87.5%), from -€13,677 to -€25,649
- Debts after one year -€11,479
down €11,479 (-25.9%), from €44,314 to €32,835
- Trade debts +€6,986
up €6,986 (+322%), from €2,169 to €9,154
of which Suppliers: +€5,367
- Gross operating margin -€40,039
down €40,039 (-82.3%), from €48,628 to €8,588
- Other operating charges -€12,756
down €12,756 (-94.0%), from €13,577 to €821
- Depreciation +€12,600
up €12,600 (+239%), from €5,266 to €17,866
- Financial income +€1,284
up €1,284, from €0 to €1,284
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 | €212,933 | €182,815 | -€30,118 | -14.1% |
| Fixed assets | 21/28 | €84,410 | €66,545 | -€17,866 | -21.2% |
| Tangible fixed assets | 22/27 | €84,410 | €66,545 | -€17,866 | -21.2% |
| Land and buildings | 22 | €4,270 | €3,648 | -€623 | -14.6% |
| Plant, machinery and equipment | 23 | €298 | €68 | -€230 | -77.2% |
| Furniture and vehicles | 24 | €179 | €0 | -€179 | -100% |
| Leasing and similar rights | 25 | €79,663 | €62,829 | -€16,834 | -21.1% |
| Current assets | 29/58 | €128,523 | €116,270 | -€12,253 | -9.5% |
| Amounts receivable after more than one year | 29 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000 | €1,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,955 | €5,438 | +€1,483 | +37.5% |
| Stocks | 30/36 | €3,955 | €5,438 | +€1,483 | +37.5% |
| Amounts receivable within one year | 40/41 | €120,426 | €109,832 | -€10,594 | -8.8% |
| Trade receivables | 40 | €90,388 | €84,083 | -€6,304 | -7.0% |
| Other amounts receivable | 41 | €30,038 | €25,748 | -€4,290 | -14.3% |
| Cash at bank and in hand | 54/58 | €1,632 | €0 | -€1,632 | -100% |
| Deferred charges and accrued income | 490/1 | €1,510 | €0 | -€1,510 | -100% |
| Total equity and liabilities | 10/49 | €212,933 | €182,815 | -€30,118 | -14.1% |
| Equity | 10/15 | €135,431 | €123,459 | -€11,972 | -8.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €130,516 | €130,516 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €128,516 | €128,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,677 | -€25,649 | -€11,972 | -87.5% |
| Amounts payable | 17/49 | €77,502 | €59,356 | -€18,146 | -23.4% |
| Amounts payable after more than one year | 17 | €44,314 | €32,835 | -€11,479 | -25.9% |
| Financial debts | 170/4 | €44,314 | €32,835 | -€11,479 | -25.9% |
| Amounts payable within one year | 42/48 | €33,188 | €26,521 | -€6,667 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €11,050 | €11,479 | +€429 | +3.9% |
| Financial debts | 43 | €14,563 | €0 | -€14,563 | -100% |
| Credit institutions | 430/8 | €14,563 | €0 | -€14,563 | -100% |
| Trade debts | 44 | €2,169 | €9,154 | +€6,986 | +322% |
| Suppliers | 440/4 | €2,169 | €7,536 | +€5,367 | +247% |
| Bills of exchange payable | 441 | - | €1,619 | +€1,619 | |
| Taxes, remuneration and social security | 45 | €5,406 | €3,842 | -€1,564 | -28.9% |
| Taxes | 450/3 | €4,406 | €2,842 | -€1,564 | -35.5% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | - | €2,045 | +€2,045 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €33,922 | €0 | -€33,922 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,266 | €17,866 | +€12,600 | +239% |
| Other operating charges | 640/8 | €13,577 | €821 | -€12,756 | -94.0% |
| Gross operating margin | 9900 | €48,628 | €8,588 | -€40,039 | -82.3% |
| Operating profit (loss) | 9901 | €29,785 | -€10,098 | -€39,883 | |
| Financial income | 75/76B | €0 | €1,284 | +€1,284 | |
| Recurring financial income | 75 | €0 | €1,284 | +€1,284 | |
| Financial charges | 65/66B | €2,948 | €3,158 | +€210 | +7.1% |
| Recurring financial charges | 65 | €2,948 | €3,158 | +€210 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €26,837 | -€11,972 | -€38,809 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €26,837 | -€11,972 | -€38,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,837 | -€11,972 | -€38,809 |
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.