LE BREVENT: 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 BREVENT
Largest movements
- Tangible fixed assets +€17,149
up €17,149 (+5.3%), from €321,186 to €338,334
of which Land and buildings: +€23,433
- Cash -€14,324
down €14,324 (-21.3%), from €67,251 to €52,927
mainly Investment in fixed assets (net) (-€55,519) and Debts after one year (-€22,328)
- Debts after one year -€22,328
down €22,328 (-17.7%), from €125,934 to €103,606
- Trade debts +€19,759
up €19,759 (+56.6%), from €34,927 to €54,687
- Reserves +€15,000
up €15,000 (+12.9%), from €116,387 to €131,387
of which Distributable reserves: +€15,000
- Tax, wage and social debts -€7,599
down €7,599 (-34.0%), from €22,363 to €14,764
of which Taxes: -€8,589
- Depreciation +€12,198
up €12,198 (+48.1%), from €25,374 to €37,571
- Gross operating margin +€11,888
up €11,888 (+11.4%), from €104,156 to €116,044
- Other operating charges +€3,589
up €3,589 (+59.2%), from €6,063 to €9,652
- Taxes +€1,282
up €1,282 (+29.4%), from €4,360 to €5,641
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 | €430,506 | €436,609 | +€6,103 | +1.4% |
| Fixed assets | 21/28 | €321,186 | €339,134 | +€17,948 | +5.6% |
| Intangible fixed assets | 21 | - | €799 | +€799 | |
| Tangible fixed assets | 22/27 | €321,186 | €338,334 | +€17,149 | +5.3% |
| Land and buildings | 22 | €294,258 | €317,691 | +€23,433 | +8.0% |
| Plant, machinery and equipment | 23 | €8,255 | €9,264 | +€1,009 | +12.2% |
| Furniture and vehicles | 24 | €18,672 | €11,379 | -€7,293 | -39.1% |
| Current assets | 29/58 | €109,321 | €97,476 | -€11,845 | -10.8% |
| Stocks and contracts in progress | 3 | €2,256 | €2,597 | +€342 | +15.1% |
| Stocks | 30/36 | €2,256 | €2,597 | +€342 | +15.1% |
| Amounts receivable within one year | 40/41 | €37,063 | €38,858 | +€1,795 | +4.8% |
| Trade receivables | 40 | €32,902 | €29,727 | -€3,176 | -9.7% |
| Other amounts receivable | 41 | €4,161 | €9,131 | +€4,971 | +119.5% |
| Cash at bank and in hand | 54/58 | €67,251 | €52,927 | -€14,324 | -21.3% |
| Deferred charges and accrued income | 490/1 | €2,752 | €3,093 | +€342 | +12.4% |
| Total equity and liabilities | 10/49 | €430,506 | €436,609 | +€6,103 | +1.4% |
| Equity | 10/15 | €217,801 | €233,220 | +€15,419 | +7.1% |
| Contributions | 10/11 | €7,605 | €7,605 | = | 0.0% |
| Reserves | 13 | €116,387 | €131,387 | +€15,000 | +12.9% |
| Tax-exempt reserves | 132 | €34,514 | €34,514 | = | 0.0% |
| Distributable reserves | 133 | €81,873 | €96,873 | +€15,000 | +18.3% |
| Profit (loss) carried forward | 14 | €93,809 | €94,227 | +€419 | +0.4% |
| Amounts payable | 17/49 | €212,706 | €203,390 | -€9,316 | -4.4% |
| Amounts payable after more than one year | 17 | €125,934 | €103,606 | -€22,328 | -17.7% |
| Financial debts | 170/4 | €125,934 | €103,606 | -€22,328 | -17.7% |
| Amounts payable within one year | 42/48 | €86,771 | €99,697 | +€12,926 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €21,510 | €22,328 | +€818 | +3.8% |
| Trade debts | 44 | €34,927 | €54,687 | +€19,759 | +56.6% |
| Suppliers | 440/4 | €34,927 | €54,687 | +€19,759 | +56.6% |
| Advances received on contracts in progress | 46 | €656 | €975 | +€319 | +48.6% |
| Taxes, remuneration and social security | 45 | €22,363 | €14,764 | -€7,599 | -34.0% |
| Taxes | 450/3 | €15,420 | €6,831 | -€8,589 | -55.7% |
| Remuneration and social security | 454/9 | €6,943 | €7,933 | +€990 | +14.3% |
| Other amounts payable | 47/48 | €7,315 | €6,943 | -€372 | -5.1% |
| Accrued charges and deferred income | 492/3 | - | €86 | +€86 | |
| Remuneration, social security and pensions | 62 | €39,847 | €40,616 | +€769 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,374 | €37,571 | +€12,198 | +48.1% |
| Other operating charges | 640/8 | €6,063 | €9,652 | +€3,589 | +59.2% |
| Gross operating margin | 9900 | €104,156 | €116,044 | +€11,888 | +11.4% |
| Operating profit (loss) | 9901 | €32,872 | €28,206 | -€4,667 | -14.2% |
| Financial charges | 65/66B | €7,908 | €7,146 | -€763 | -9.6% |
| Recurring financial charges | 65 | €7,908 | €7,146 | -€763 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €24,964 | €21,060 | -€3,904 | -15.6% |
| Income taxes | 67/77 | €4,360 | €5,641 | +€1,282 | +29.4% |
| Profit (loss) for the period | 9904 | €20,604 | €15,419 | -€5,186 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,604 | €15,419 | -€5,186 | -25.2% |
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 7 October 2026 via checked.be.