LE BRETAGNE: 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.
LE BRETAGNE
Largest movements
- Cash +€127,230
up €127,230 (+21,522%), from €591 to €127,821
mainly Trade debts (+€173,619) and Other debts (+€89,800)
- Receivables within one year +€125,598
new in 2025: €125,598
of which Trade receivables: +€124,498
- Stocks and contracts -€48,088
down €48,088 (-95.1%), from €50,565 to €2,477
- Intangible fixed assets +€38,170
new in 2025: €38,170
- Financial fixed assets +€6,000
up €6,000 (+815%), from €736 to €6,736
- Trade debts +€173,619
up €173,619 (+445%), from €39,045 to €212,664
- Other debts +€89,800
up €89,800 (+112%), from €80,318 to €170,118
- Tax, wage and social debts -€10,616
down €10,616 (-46.4%), from €22,904 to €12,287
of which Taxes: -€8,888
- Short-term financial debts -€8,313
no longer reported in 2025 (was €8,313)
- Profit (loss) carried forward +€5,168
up €5,168 (+3.5%), from -€149,450 to -€144,283
- Gross operating margin +€65,072
up €65,072 (+63.5%), from €102,447 to €167,519
- Write-downs +€48,440
new in 2025: €48,440
- Staff costs +€13,984
up €13,984 (+14.7%), from €95,389 to €109,373
- Other operating charges -€4,086
down €4,086 (-78.8%), from €5,183 to €1,096
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 | €52,989 | €302,646 | +€249,657 | +471% |
| Fixed assets | 21/28 | €736 | €44,906 | +€44,170 | +6,001% |
| Intangible fixed assets | 21 | - | €38,170 | +€38,170 | |
| Financial fixed assets | 28 | €736 | €6,736 | +€6,000 | +815% |
| Current assets | 29/58 | €52,253 | €257,740 | +€205,487 | +393% |
| Stocks and contracts in progress | 3 | €50,565 | €2,477 | -€48,088 | -95.1% |
| Stocks | 30/36 | €50,565 | €2,477 | -€48,088 | -95.1% |
| Amounts receivable within one year | 40/41 | - | €125,598 | +€125,598 | |
| Trade receivables | 40 | - | €124,498 | +€124,498 | |
| Other amounts receivable | 41 | - | €1,100 | +€1,100 | |
| Cash at bank and in hand | 54/58 | €591 | €127,821 | +€127,230 | +21,522% |
| Deferred charges and accrued income | 490/1 | €1,097 | €1,844 | +€747 | +68.1% |
| Total equity and liabilities | 10/49 | €52,989 | €302,646 | +€249,657 | +471% |
| Equity | 10/15 | -€97,591 | -€92,423 | +€5,168 | +5.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | - | -€50,000 | |
| Other | 1109/19 | €50,000 | - | -€50,000 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,450 | -€144,283 | +€5,168 | +3.5% |
| Amounts payable | 17/49 | €150,580 | €395,069 | +€244,489 | +162% |
| Amounts payable within one year | 42/48 | €150,580 | €395,069 | +€244,489 | +162% |
| Financial debts | 43 | €8,313 | - | -€8,313 | |
| Credit institutions | 430/8 | €8,313 | - | -€8,313 | |
| Trade debts | 44 | €39,045 | €212,664 | +€173,619 | +445% |
| Suppliers | 440/4 | €39,045 | €212,664 | +€173,619 | +445% |
| Taxes, remuneration and social security | 45 | €22,904 | €12,287 | -€10,616 | -46.4% |
| Taxes | 450/3 | €8,888 | - | -€8,888 | |
| Remuneration and social security | 454/9 | €14,015 | €12,287 | -€1,728 | -12.3% |
| Other amounts payable | 47/48 | €80,318 | €170,118 | +€89,800 | +112% |
| Remuneration, social security and pensions | 62 | €95,389 | €109,373 | +€13,984 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €1,830 | +€1,401 | +327% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €48,440 | +€48,440 | |
| Other operating charges | 640/8 | €5,183 | €1,096 | -€4,086 | -78.8% |
| Gross operating margin | 9900 | €102,447 | €167,519 | +€65,072 | +63.5% |
| Operating profit (loss) | 9901 | €1,446 | €6,779 | +€5,333 | +369% |
| Financial charges | 65/66B | €1,097 | €1,612 | +€515 | +47.0% |
| Recurring financial charges | 65 | €1,097 | €1,324 | +€227 | +20.7% |
| Non-recurring financial charges | 66B | - | €288 | +€288 | |
| Profit (loss) for the period before taxes | 9903 | €350 | €5,168 | +€4,818 | +1,378% |
| Profit (loss) for the period | 9904 | €350 | €5,168 | +€4,818 | +1,378% |
| Profit (loss) for the period to be appropriated | 9905 | €350 | €5,168 | +€4,818 | +1,378% |
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 30 October 2026 via checked.be.