LE BRETON: what changed
Two fiscal 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 BRETON
Largest movements
- Cash -€51,101
down €51,101 (-36.7%), from €139,328 to €88,227
mainly Contributions, distributions and other (-€28,571) and Receivables within one year (-€27,836)
- Receivables within one year +€27,836
up €27,836 (+8421.8%), from €331 to €28,166
- Tangible fixed assets -€3,620
down €3,620 (-3.1%), from €115,701 to €112,081
of which Land and buildings: -€2,286
- Profit (loss) carried forward -€26,527
down €26,527 (-17.2%), from €154,578 to €128,052
- Gross operating margin -€85,411
down €85,411 (-83.6%), from €102,143 to €16,732
- Taxes -€42,396
down €42,396 (-88.1%), from €48,095 to €5,699
- Turnover -€6,285
down €6,285 (-37.6%), from €16,699 to €10,414
- Purchases and services -€4,875
down €4,875 (-85.4%), from €5,708 to €833
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.
Cash bridge derived
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 | €255,359 | €228,474 | -€26,886 | -10.5% |
| Fixed assets | 21/28 | €115,701 | €112,081 | -€3,620 | -3.1% |
| Tangible fixed assets | 22/27 | €115,701 | €112,081 | -€3,620 | -3.1% |
| Land and buildings | 22 | €112,173 | €109,886 | -€2,286 | -2.0% |
| Furniture and vehicles | 24 | €284 | €151 | -€132 | -46.6% |
| Other tangible fixed assets | 26 | €3,244 | €2,043 | -€1,201 | -37.0% |
| Current assets | 29/58 | €139,659 | €116,393 | -€23,266 | -16.7% |
| Amounts receivable within one year | 40/41 | €331 | €28,166 | +€27,836 | +8421.8% |
| Other amounts receivable | 41 | €331 | €28,166 | +€27,836 | +8421.8% |
| Cash at bank and in hand | 54/58 | €139,328 | €88,227 | -€51,101 | -36.7% |
| Total equity and liabilities | 10/49 | €255,359 | €228,474 | -€26,886 | -10.5% |
| Equity | 10/15 | €255,000 | €228,474 | -€26,527 | -10.4% |
| Contributions | 10/11 | €72,137 | €72,137 | = | 0.0% |
| Capital | 10 | €72,137 | €72,137 | = | 0.0% |
| Issued capital | 100 | €72,137 | €72,137 | = | 0.0% |
| Reserves | 13 | €28,285 | €28,285 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,214 | €7,214 | = | 0.0% |
| Legal reserve | 130 | €7,214 | €7,214 | = | 0.0% |
| Distributable reserves | 133 | €21,071 | €21,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,578 | €128,052 | -€26,527 | -17.2% |
| Amounts payable | 17/49 | €359 | - | -€359 | |
| Amounts payable within one year | 42/48 | €359 | - | -€359 | |
| Other amounts payable | 47/48 | €359 | - | -€359 | |
| Turnover | 70 | €16,699 | €10,414 | -€6,285 | -37.6% |
| Non-recurring operating income | 76A | €90,657 | - | -€90,657 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,708 | €833 | -€4,875 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,620 | €3,620 | = | 0.0% |
| Other operating charges | 640/8 | €6,716 | €6,274 | -€441 | -6.6% |
| Gross operating margin | 9900 | €102,143 | €16,732 | -€85,411 | -83.6% |
| Operating profit (loss) | 9901 | €91,808 | €6,838 | -€84,970 | -92.6% |
| Financial income | 75/76B | €604 | €1,060 | +€457 | +75.7% |
| Recurring financial income | 75 | €604 | €1,060 | +€457 | +75.7% |
| Financial charges | 65/66B | €154 | €154 | = | 0.0% |
| Recurring financial charges | 65 | €154 | €154 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €92,257 | €7,744 | -€84,513 | -91.6% |
| Income taxes | 67/77 | €48,095 | €5,699 | -€42,396 | -88.1% |
| Profit (loss) for the period | 9904 | €44,162 | €2,045 | -€42,118 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,162 | €2,045 | -€42,118 | -95.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.