Gery Brosens: 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.
Gery Brosens
Largest movements
- Tangible fixed assets +€30,433
up €30,433 (+65.2%), from €46,657 to €77,090
of which Furniture and vehicles: +€28,682
- Receivables within one year -€24,645
down €24,645 (-66.1%), from €37,305 to €12,660
of which Trade receivables: -€21,357
- Stocks and contracts -€7,401
down €7,401 (-12.8%), from €57,703 to €50,302
- Cash +€5,566
up €5,566 (+15.7%), from €35,421 to €40,987
mainly Net result for the year (+€32,719) and Receivables within one year (+€24,645)
- Debts after one year +€14,708
up €14,708 (+616%), from €2,388 to €17,096
- Other debts -€7,652
down €7,652 (-10.7%), from €71,242 to €63,589
- Current portion of long-term debt -€2,320
down €2,320 (-28.5%), from €8,136 to €5,815
- Gross operating margin -€14,949
down €14,949 (-19.1%), from €78,300 to €63,351
- Taxes -€5,274
down €5,274 (-32.9%), from €16,046 to €10,772
- Depreciation +€1,052
up €1,052 (+6.1%), from €17,299 to €18,350
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 | €185,447 | €188,540 | +€3,092 | +1.7% |
| Fixed assets | 21/28 | €54,232 | €84,590 | +€30,358 | +56.0% |
| Intangible fixed assets | 21 | €75 | €0 | -€75 | -100% |
| Tangible fixed assets | 22/27 | €46,657 | €77,090 | +€30,433 | +65.2% |
| Land and buildings | 22 | €26,772 | €23,393 | -€3,379 | -12.6% |
| Plant, machinery and equipment | 23 | €6,346 | €11,610 | +€5,264 | +83.0% |
| Furniture and vehicles | 24 | €13,406 | €42,087 | +€28,682 | +214% |
| Other tangible fixed assets | 26 | €134 | €0 | -€134 | -100% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €131,215 | €103,949 | -€27,266 | -20.8% |
| Stocks and contracts in progress | 3 | €57,703 | €50,302 | -€7,401 | -12.8% |
| Stocks | 30/36 | €57,703 | €50,302 | -€7,401 | -12.8% |
| Amounts receivable within one year | 40/41 | €37,305 | €12,660 | -€24,645 | -66.1% |
| Trade receivables | 40 | €21,503 | €146 | -€21,357 | -99.3% |
| Other amounts receivable | 41 | €15,802 | €12,515 | -€3,287 | -20.8% |
| Cash at bank and in hand | 54/58 | €35,421 | €40,987 | +€5,566 | +15.7% |
| Deferred charges and accrued income | 490/1 | €787 | €0 | -€787 | -100% |
| Total equity and liabilities | 10/49 | €185,447 | €188,540 | +€3,092 | +1.7% |
| Equity | 10/15 | €92,380 | €92,380 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,780 | €73,780 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,920 | €71,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €93,068 | €96,160 | +€3,092 | +3.3% |
| Amounts payable after more than one year | 17 | €2,388 | €17,096 | +€14,708 | +616% |
| Financial debts | 170/4 | €2,388 | €17,096 | +€14,708 | +616% |
| Amounts payable within one year | 42/48 | €90,671 | €79,065 | -€11,607 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €8,136 | €5,815 | -€2,320 | -28.5% |
| Trade debts | 44 | €1,710 | €1,705 | -€4 | -0.3% |
| Suppliers | 440/4 | €1,710 | €1,705 | -€4 | -0.3% |
| Taxes, remuneration and social security | 45 | €9,584 | €7,954 | -€1,630 | -17.0% |
| Taxes | 450/3 | €9,584 | €7,954 | -€1,630 | -17.0% |
| Other amounts payable | 47/48 | €71,242 | €63,589 | -€7,652 | -10.7% |
| Accrued charges and deferred income | 492/3 | €8 | €0 | -€8 | -100% |
| Non-recurring operating income | 76A | - | €6,896 | +€6,896 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,299 | €18,350 | +€1,052 | +6.1% |
| Other operating charges | 640/8 | €1,050 | €975 | -€76 | -7.2% |
| Gross operating margin | 9900 | €78,300 | €63,351 | -€14,949 | -19.1% |
| Operating profit (loss) | 9901 | €59,951 | €44,026 | -€15,925 | -26.6% |
| Financial income | 75/76B | €19 | €313 | +€295 | +1,565% |
| Recurring financial income | 75 | €19 | €313 | +€295 | +1,565% |
| Financial charges | 65/66B | €337 | €848 | +€511 | +152% |
| Recurring financial charges | 65 | €337 | €848 | +€511 | +152% |
| Profit (loss) for the period before taxes | 9903 | €59,633 | €43,491 | -€16,142 | -27.1% |
| Income taxes | 67/77 | €16,046 | €10,772 | -€5,274 | -32.9% |
| Profit (loss) for the period | 9904 | €43,586 | €32,719 | -€10,868 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,586 | €32,719 | -€10,868 | -24.9% |
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 22 October 2026 via checked.be.