DIRK BRADT NV: what changed
DIRK BRADT NV
Largest movements
- Receivables within one year -€128,174
down €128,174 (-100%), from €128,174 to €0
of which Trade receivables: -€119,049
- Tangible fixed assets +€22,187
up €22,187 (+23.2%), from €95,433 to €117,620
of which Land and buildings: +€32,251
- Stocks and contracts -€12,525
down €12,525 (-9.5%), from €131,581 to €119,056
of which Contracts in progress: -€10,750
- Cash -€4,732
down €4,732 (-100%), from €4,732 to €0
mainly Other debts (-€70,000) and Investment in fixed assets (net) (-€63,319)
- Other debts -€70,000
down €70,000 (-45.8%), from €152,773 to €82,773
- Short-term financial debts -€62,031
down €62,031 (-62.0%), from €100,000 to €37,969
- Trade debts +€23,936
up €23,936 (+106%), from €22,650 to €46,585
- Current portion of long-term debt -€5,077
down €5,077 (-65.6%), from €7,744 to €2,667
- Profit (loss) carried forward -€4,603
down €4,603 (-19.9%), from -€23,152 to -€27,755
- Staff costs -€26,575
down €26,575 (-13.0%), from €204,671 to €178,095
- Gross operating margin -€15,895
down €15,895 (-6.6%), from €240,230 to €224,336
- Taxes -€5,954
no longer reported in 2025 (was €5,954)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,531 | €236,675 | -€123,855 | -34.4% |
| Fixed assets | 21/28 | €95,433 | €117,620 | +€22,187 | +23.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €95,433 | €117,620 | +€22,187 | +23.2% |
| Land and buildings | 22 | €64,860 | €97,111 | +€32,251 | +49.7% |
| Plant, machinery and equipment | 23 | €30,572 | €20,508 | -€10,064 | -32.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €265,098 | €119,056 | -€146,042 | -55.1% |
| Stocks and contracts in progress | 3 | €131,581 | €119,056 | -€12,525 | -9.5% |
| Stocks | 30/36 | €61,081 | €59,306 | -€1,775 | -2.9% |
| Contracts in progress | 37 | €70,500 | €59,750 | -€10,750 | -15.2% |
| Amounts receivable within one year | 40/41 | €128,174 | €0 | -€128,174 | -100% |
| Trade receivables | 40 | €119,049 | - | -€119,049 | |
| Other amounts receivable | 41 | €9,126 | €0 | -€9,126 | -100% |
| Cash at bank and in hand | 54/58 | €4,732 | €0 | -€4,732 | -100% |
| Deferred charges and accrued income | 490/1 | €611 | - | -€611 | |
| Total equity and liabilities | 10/49 | €360,531 | €236,675 | -€123,855 | -34.4% |
| Equity | 10/15 | €67,645 | €63,042 | -€4,603 | -6.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €28,797 | €28,797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,983 | €2,983 | = | 0.0% |
| Legal reserve | 130 | €2,983 | €2,983 | = | 0.0% |
| Distributable reserves | 133 | €25,815 | €25,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,152 | -€27,755 | -€4,603 | -19.9% |
| Amounts payable | 17/49 | €292,886 | €173,633 | -€119,253 | -40.7% |
| Amounts payable after more than one year | 17 | €2,667 | - | -€2,667 | |
| Financial debts | 170/4 | €2,667 | - | -€2,667 | |
| Amounts payable within one year | 42/48 | €290,038 | €173,633 | -€116,405 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €7,744 | €2,667 | -€5,077 | -65.6% |
| Financial debts | 43 | €100,000 | €37,969 | -€62,031 | -62.0% |
| Credit institutions | 430/8 | €100,000 | €37,969 | -€62,031 | -62.0% |
| Trade debts | 44 | €22,650 | €46,585 | +€23,936 | +106% |
| Suppliers | 440/4 | €22,650 | €46,585 | +€23,936 | +106% |
| Taxes, remuneration and social security | 45 | €6,871 | €3,638 | -€3,234 | -47.1% |
| Taxes | 450/3 | - | €3,638 | +€3,638 | |
| Remuneration and social security | 454/9 | €6,871 | - | -€6,871 | |
| Other amounts payable | 47/48 | €152,773 | €82,773 | -€70,000 | -45.8% |
| Accrued charges and deferred income | 492/3 | €180 | - | -€180 | |
| Non-recurring operating income | 76A | €29,947 | - | -€29,947 | |
| Remuneration, social security and pensions | 62 | €204,671 | €178,095 | -€26,575 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,883 | €41,132 | +€1,249 | +3.1% |
| Other operating charges | 640/8 | €4,301 | €2,561 | -€1,740 | -40.4% |
| Gross operating margin | 9900 | €240,230 | €224,336 | -€15,895 | -6.6% |
| Operating profit (loss) | 9901 | -€8,624 | €2,547 | +€11,171 | |
| Financial charges | 65/66B | €8,575 | €7,150 | -€1,425 | -16.6% |
| Recurring financial charges | 65 | €8,575 | €7,150 | -€1,425 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,199 | -€4,603 | +€12,596 | +73.2% |
| Income taxes | 67/77 | €5,954 | - | -€5,954 | |
| Profit (loss) for the period | 9904 | -€23,152 | -€4,603 | +€18,550 | +80.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,152 | -€4,603 | +€18,550 | +80.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.