LC BRASSCHAAT: 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.
LC BRASSCHAAT
Largest movements
- Receivables within one year -€113,247
down €113,247 (-53.5%), from €211,827 to €98,580
of which Other amounts receivable: -€112,617
- Cash +€24,702
up €24,702 (+48.0%), from €51,434 to €76,136
mainly Receivables within one year (+€113,247) and Depreciation (+€19,515)
- Tangible fixed assets -€11,432
down €11,432 (-14.0%), from €81,541 to €70,109
of which Plant, machinery and equipment: -€12,934
- Reserves -€60,286
down €60,286 (-97.3%), from €61,963 to €1,677
- Trade debts -€27,210
down €27,210 (-21.3%), from €128,006 to €100,796
- Debts after one year -€16,250
down €16,250 (-31.6%), from €51,458 to €35,208
- Tax, wage and social debts +€4,705
up €4,705 (+5.1%), from €93,066 to €97,771
of which Taxes: +€4,613
- Staff costs +€63,674
up €63,674 (+8.7%), from €730,800 to €794,474
- Gross operating margin +€36,773
up €36,773 (+4.6%), from €805,949 to €842,723
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 | €371,136 | €272,405 | -€98,731 | -26.6% |
| Fixed assets | 21/28 | €81,541 | €70,109 | -€11,432 | -14.0% |
| Tangible fixed assets | 22/27 | €81,541 | €70,109 | -€11,432 | -14.0% |
| Plant, machinery and equipment | 23 | €81,541 | €68,607 | -€12,934 | -15.9% |
| Furniture and vehicles | 24 | - | €1,502 | +€1,502 | |
| Current assets | 29/58 | €289,594 | €202,296 | -€87,298 | -30.1% |
| Stocks and contracts in progress | 3 | €26,334 | €27,581 | +€1,246 | +4.7% |
| Stocks | 30/36 | €26,334 | €27,581 | +€1,246 | +4.7% |
| Amounts receivable within one year | 40/41 | €211,827 | €98,580 | -€113,247 | -53.5% |
| Trade receivables | 40 | €8,418 | €7,789 | -€630 | -7.5% |
| Other amounts receivable | 41 | €203,408 | €90,791 | -€112,617 | -55.4% |
| Cash at bank and in hand | 54/58 | €51,434 | €76,136 | +€24,702 | +48.0% |
| Total equity and liabilities | 10/49 | €371,136 | €272,405 | -€98,731 | -26.6% |
| Equity | 10/15 | €81,963 | €21,677 | -€60,286 | -73.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €61,963 | €1,677 | -€60,286 | -97.3% |
| Distributable reserves | 133 | €61,963 | €1,677 | -€60,286 | -97.3% |
| Amounts payable | 17/49 | €289,173 | €250,728 | -€38,445 | -13.3% |
| Amounts payable after more than one year | 17 | €51,458 | €35,208 | -€16,250 | -31.6% |
| Financial debts | 170/4 | €51,458 | €35,208 | -€16,250 | -31.6% |
| Amounts payable within one year | 42/48 | €231,648 | €209,018 | -€22,630 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €10,576 | €10,450 | -€126 | -1.2% |
| Trade debts | 44 | €128,006 | €100,796 | -€27,210 | -21.3% |
| Suppliers | 440/4 | €128,006 | €100,796 | -€27,210 | -21.3% |
| Taxes, remuneration and social security | 45 | €93,066 | €97,771 | +€4,705 | +5.1% |
| Taxes | 450/3 | €20,515 | €25,128 | +€4,613 | +22.5% |
| Remuneration and social security | 454/9 | €72,551 | €72,643 | +€92 | +0.1% |
| Accrued charges and deferred income | 492/3 | €6,066 | €6,502 | +€436 | +7.2% |
| Remuneration, social security and pensions | 62 | €730,800 | €794,474 | +€63,674 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,537 | €19,515 | +€7,977 | +69.1% |
| Other operating charges | 640/8 | €5,951 | €3,204 | -€2,747 | -46.2% |
| Non-recurring operating charges | 66A | €31,624 | - | -€31,624 | |
| Gross operating margin | 9900 | €805,949 | €842,723 | +€36,773 | +4.6% |
| Operating profit (loss) | 9901 | €26,037 | €25,530 | -€507 | -1.9% |
| Financial charges | 65/66B | €1,948 | €1,479 | -€469 | -24.1% |
| Recurring financial charges | 65 | €1,948 | €1,479 | -€469 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €24,090 | €24,052 | -€38 | -0.2% |
| Income taxes | 67/77 | €6,955 | €8,338 | +€1,383 | +19.9% |
| Profit (loss) for the period | 9904 | €17,134 | €15,714 | -€1,420 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,134 | €15,714 | -€1,420 | -8.3% |
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 24 October 2026 via checked.be.