E. Brouillard: what changed
What changed
E. Brouillard
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€39,025
2024 · €34,681+€4,344
Equity
€194,643
2024 · €155,618+€39,025
Cash
€167,121
2024 · €120,921+€46,200
Balance sheet total
€248,242
2024 · €209,419+€38,823
Largest movements
Assets
- Cash +€46,200
up €46,200 (+38.2%), from €120,921 to €167,121
mainly Net result for the year (+€39,025) and Depreciation (+€9,707)
- Tangible fixed assets -€5,505
down €5,505 (-13.7%), from €40,084 to €34,579
of which Furniture and vehicles: -€5,966
Equity and liabilities
- Reserves +€39,025
up €39,025 (+27.2%), from €143,218 to €182,243
- Debts after one year -€6,184
down €6,184 (-35.8%), from €17,251 to €11,067
Income statement
- Gross operating margin +€10,958
up €10,958 (+19.8%), from €55,481 to €66,438
- Depreciation +€3,507
up €3,507 (+56.6%), from €6,200 to €9,707
- Taxes +€2,398
up €2,398 (+19.4%), from €12,334 to €14,731
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.
Result 2024
€34,681
Gross operating margin
+€10,958
Staff costs
+€252
Depreciation
-€3,507
Other operating charges
-€520
Financial income
-€0
Financial charges
-€440
Taxes
-€2,398
Result 2025
€39,025
raises the resultlowers the result
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.
From operations
+€56,265
Investment
-€4,202
Financing
-€5,863
Cash 2024
€120,921
From operations (derived)
+€56,265
Net result for the year
+€39,025
Depreciation
+€9,707
Receivables within one year
+€1,872
Trade debts
+€1,450
Tax, wage and social debts
+€2,398
Other debts
+€1,813
Investment (derived)
-€4,202
Investment in fixed assets (net)
-€4,202
Financing
-€5,863
Debts after one year
-€6,184
Current portion of long-term debt
+€321
Cash 2025
€167,121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,419 | €248,242 | +€38,823 | +18.5% |
| Fixed assets | 21/28 | €40,084 | €34,579 | -€5,505 | -13.7% |
| Tangible fixed assets | 22/27 | €40,084 | €34,579 | -€5,505 | -13.7% |
| Plant, machinery and equipment | 23 | €2,213 | €2,673 | +€460 | +20.8% |
| Furniture and vehicles | 24 | €37,871 | €31,905 | -€5,966 | -15.8% |
| Current assets | 29/58 | €169,335 | €213,663 | +€44,328 | +26.2% |
| Amounts receivable within one year | 40/41 | €48,414 | €46,542 | -€1,872 | -3.9% |
| Trade receivables | 40 | €46,831 | €44,926 | -€1,905 | -4.1% |
| Other amounts receivable | 41 | €1,583 | €1,616 | +€33 | +2.1% |
| Cash at bank and in hand | 54/58 | €120,921 | €167,121 | +€46,200 | +38.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €209,419 | €248,242 | +€38,823 | +18.5% |
| Equity | 10/15 | €155,618 | €194,643 | +€39,025 | +25.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €143,218 | €182,243 | +€39,025 | +27.2% |
| Distributable reserves | 133 | €143,218 | €182,243 | +€39,025 | +27.2% |
| Amounts payable | 17/49 | €53,801 | €53,598 | -€202 | -0.4% |
| Amounts payable after more than one year | 17 | €17,251 | €11,067 | -€6,184 | -35.8% |
| Financial debts | 170/4 | €17,251 | €11,067 | -€6,184 | -35.8% |
| Amounts payable within one year | 42/48 | €36,550 | €42,531 | +€5,981 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €5,863 | €6,184 | +€321 | +5.5% |
| Trade debts | 44 | €10,051 | €11,501 | +€1,450 | +14.4% |
| Suppliers | 440/4 | €10,051 | €11,501 | +€1,450 | +14.4% |
| Taxes, remuneration and social security | 45 | €10,734 | €13,131 | +€2,398 | +22.3% |
| Taxes | 450/3 | €7,934 | €10,331 | +€2,398 | +30.2% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €9,902 | €11,714 | +€1,813 | +18.3% |
| Remuneration, social security and pensions | 62 | €848 | €597 | -€252 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,200 | €9,707 | +€3,507 | +56.6% |
| Other operating charges | 640/8 | €572 | €1,092 | +€520 | +90.9% |
| Gross operating margin | 9900 | €55,481 | €66,438 | +€10,958 | +19.8% |
| Operating profit (loss) | 9901 | €47,860 | €55,043 | +€7,182 | +15.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €846 | €1,286 | +€440 | +52.0% |
| Recurring financial charges | 65 | €846 | €1,286 | +€440 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €47,015 | €53,757 | +€6,742 | +14.3% |
| Income taxes | 67/77 | €12,334 | €14,731 | +€2,398 | +19.4% |
| Profit (loss) for the period | 9904 | €34,681 | €39,025 | +€4,344 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,681 | €39,025 | +€4,344 | +12.5% |
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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.