MANON BRODEL IMMO: what changed
What changed
MANON BRODEL IMMO
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€100,719
2024 · €79,828+€20,891
Equity
€179,881
2024 · €83,995+€95,886
Cash
€194,234
2024 · €82,707+€111,527
Balance sheet total
€225,842
2024 · €117,402+€108,440
Largest movements
Assets
- Cash +€111,527
up €111,527 (+135%), from €82,707 to €194,234
mainly Net result for the year (+€100,719) and Tax, wage and social debts (+€9,370)
- Tangible fixed assets -€2,527
down €2,527 (-39.8%), from €6,356 to €3,829
Equity and liabilities
- Reserves +€95,886
up €95,886 (+121%), from €78,995 to €174,881
- Tax, wage and social debts +€9,370
up €9,370 (+40.0%), from €23,411 to €32,780
of which Remuneration and social security: +€10,751
- Other debts +€4,000
up €4,000 (+480%), from €833 to €4,833
Income statement
- Gross operating margin +€57,159
up €57,159 (+46.1%), from €123,905 to €181,064
- Staff costs +€28,066
up €28,066 (+589%), from €4,768 to €32,834
- Taxes +€8,537
up €8,537 (+26.3%), from €32,437 to €40,974
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€79,828
Gross operating margin
+€57,159
Staff costs
-€28,066
Depreciation
+€231
Write-downs
-€150
Other operating charges
-€411
Financial income
+€304
Financial charges
+€360
Taxes
-€8,537
Result 2025
€100,719
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€116,583
Investment
€0
Financing
-€5,056
Cash 2024
€82,707
From operations (derived)
+€116,583
Net result for the year
+€100,719
Depreciation
+€3,527
Receivables within one year
-€387
Deferred charges and accrued income
-€53
Trade debts
-€592
Tax, wage and social debts
+€9,370
Other debts
+€4,000
Financing
-€5,056
Debts after one year
-€223
Contributions, distributions and other
-€4,833
Cash 2025
€194,234
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,402 | €225,842 | +€108,440 | +92.4% |
| Fixed assets | 21/28 | €11,469 | €7,943 | -€3,527 | -30.8% |
| Intangible fixed assets | 21 | €3,914 | €2,914 | -€1,000 | -25.6% |
| Tangible fixed assets | 22/27 | €6,356 | €3,829 | -€2,527 | -39.8% |
| Furniture and vehicles | 24 | €6,356 | €3,829 | -€2,527 | -39.8% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €105,932 | €217,899 | +€111,967 | +106% |
| Amounts receivable within one year | 40/41 | €22,545 | €22,933 | +€387 | +1.7% |
| Trade receivables | 40 | €22,545 | €22,933 | +€387 | +1.7% |
| Cash at bank and in hand | 54/58 | €82,707 | €194,234 | +€111,527 | +135% |
| Deferred charges and accrued income | 490/1 | €680 | €732 | +€53 | +7.8% |
| Total equity and liabilities | 10/49 | €117,402 | €225,842 | +€108,440 | +92.4% |
| Equity | 10/15 | €83,995 | €179,881 | +€95,886 | +114% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €78,995 | €174,881 | +€95,886 | +121% |
| Distributable reserves | 133 | €78,995 | €174,881 | +€95,886 | +121% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,407 | €45,961 | +€12,555 | +37.6% |
| Amounts payable after more than one year | 17 | €6,990 | €6,766 | -€223 | -3.2% |
| Other amounts payable | 178/9 | €6,990 | €6,766 | -€223 | -3.2% |
| Amounts payable within one year | 42/48 | €26,417 | €39,195 | +€12,778 | +48.4% |
| Trade debts | 44 | €2,173 | €1,582 | -€592 | -27.2% |
| Suppliers | 440/4 | €2,173 | €1,582 | -€592 | -27.2% |
| Taxes, remuneration and social security | 45 | €23,411 | €32,780 | +€9,370 | +40.0% |
| Taxes | 450/3 | €23,411 | €22,029 | -€1,382 | -5.9% |
| Remuneration and social security | 454/9 | - | €10,751 | +€10,751 | |
| Other amounts payable | 47/48 | €833 | €4,833 | +€4,000 | +480% |
| Remuneration, social security and pensions | 62 | €4,768 | €32,834 | +€28,066 | +589% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,758 | €3,527 | -€231 | -6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €692 | €1,103 | +€411 | +59.3% |
| Gross operating margin | 9900 | €123,905 | €181,064 | +€57,159 | +46.1% |
| Operating profit (loss) | 9901 | €114,687 | €143,451 | +€28,763 | +25.1% |
| Financial income | 75/76B | €0 | €304 | +€304 | +304,010% |
| Recurring financial income | 75 | €0 | €304 | +€304 | +304,010% |
| Financial charges | 65/66B | €2,422 | €2,062 | -€360 | -14.9% |
| Recurring financial charges | 65 | €2,422 | €2,062 | -€360 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €112,265 | €141,693 | +€29,428 | +26.2% |
| Income taxes | 67/77 | €32,437 | €40,974 | +€8,537 | +26.3% |
| Profit (loss) for the period | 9904 | €79,828 | €100,719 | +€20,891 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,828 | €100,719 | +€20,891 | +26.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.