MY BREEX: 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.
What changed
MY BREEX
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€805,783
2024 · €50,132+€755,651
Equity
€2.5m
2024 · €1.7m+€805,783
Cash
€0
2024 · €32-€32
Balance sheet total
€8.1m
2024 · €8.0m+€78,367
Largest movements
Assets
- Receivables within one year +€615,385
up €615,385 (+86.7%), from €709,994 to €1.3m
of which Other amounts receivable: +€399,035
- Financial fixed assets -€488,413
down €488,413 (-50.4%), from €968,957 to €480,545
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-24.1%), from €4.8m to €3.6m
- Reserves +€805,783
up €805,783 (+51.1%), from €1.6m to €2.4m
of which Distributable reserves: +€805,783
- Current portion of long-term debt +€338,003
up €338,003 (+35.9%), from €940,455 to €1.3m
- Tax, wage and social debts +€261,158
up €261,158 (+1,279%), from €20,412 to €281,570
- Short-term financial debts -€224,666
down €224,666 (-56.2%), from €400,000 to €175,334
Income statement
- Turnover +€2.7m
new in 2025: €2.7m
- Gross operating margin +€1.6m
up €1.6m (+125%), from €1.3m to €2.9m
- Depreciation +€364,587
up €364,587 (+38.0%), from €960,570 to €1.3m
- Taxes +€298,939
up €298,939 (+1,668%), from €17,920 to €316,859
- Purchases and services +€278,311
new in 2025: €278,311
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.
Result 2024
€50,132
Gross operating margin
+€1.6m
Staff costs
-€84
Depreciation
-€364,587
Write-downs
+€14,548
Other operating charges
-€105,385
Financial income
+€6,735
Financial charges
-€106,395
Taxes
-€298,939
Result 2025
€805,783
raises the resultlowers the result
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.
From operations
+€1.8m
Investment
-€758,816
Financing
-€1.0m
Cash 2024
€32
From operations (derived)
+€1.8m
Net result for the year
+€805,783
Depreciation
+€1.3m
Receivables after one year
-€7,372
Stocks and contracts
-€1,346
Receivables within one year
-€615,385
Deferred charges and accrued income
-€20,636
Trade debts
+€61,651
Tax, wage and social debts
+€261,158
Other debts
+€12,579
Accrued charges and deferred income
-€28,811
Investment (derived)
-€758,816
Investment in fixed assets (net)
-€757,185
Current investments
-€1,632
Financing
-€1.0m
Debts after one year
-€1.1m
Current portion of long-term debt
+€338,003
Short-term financial debts
-€224,666
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,007,079 | €8,085,446 | +€78,367 | +1.0% |
| Fixed assets | 21/28 | €6,690,020 | €6,122,048 | -€567,972 | -8.5% |
| Intangible fixed assets | 21 | €1,873 | €373 | -€1,500 | -80.1% |
| Tangible fixed assets | 22/27 | €5,719,189 | €5,641,130 | -€78,059 | -1.4% |
| Land and buildings | 22 | €1,999,324 | €1,100,580 | -€898,744 | -45.0% |
| Plant, machinery and equipment | 23 | €3,674 | €2,690 | -€985 | -26.8% |
| Furniture and vehicles | 24 | €58,829 | €82,848 | +€24,019 | +40.8% |
| Leasing and similar rights | 25 | €3,150,277 | €4,049,099 | +€898,822 | +28.5% |
| Other tangible fixed assets | 26 | €507,085 | €405,914 | -€101,171 | -20.0% |
| Financial fixed assets | 28 | €968,957 | €480,545 | -€488,413 | -50.4% |
| Current assets | 29/58 | €1,317,059 | €1,963,398 | +€646,339 | +49.1% |
| Amounts receivable after more than one year | 29 | - | €7,372 | +€7,372 | |
| Other amounts receivable | 291 | - | €7,372 | +€7,372 | |
| Stocks and contracts in progress | 3 | €517,275 | €518,621 | +€1,346 | +0.3% |
| Stocks | 30/36 | €517,275 | €518,621 | +€1,346 | +0.3% |
| Amounts receivable within one year | 40/41 | €709,994 | €1,325,379 | +€615,385 | +86.7% |
| Trade receivables | 40 | €444,797 | €661,147 | +€216,350 | +48.6% |
| Other amounts receivable | 41 | €265,196 | €664,232 | +€399,035 | +150% |
| Current investments | 50/53 | - | €1,632 | +€1,632 | |
| Cash at bank and in hand | 54/58 | €32 | €0 | -€32 | -100% |
| Deferred charges and accrued income | 490/1 | €89,758 | €110,394 | +€20,636 | +23.0% |
| Total equity and liabilities | 10/49 | €8,007,079 | €8,085,446 | +€78,367 | +1.0% |
| Equity | 10/15 | €1,668,992 | €2,474,775 | +€805,783 | +48.3% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €1,575,392 | €2,381,175 | +€805,783 | +51.1% |
| Non-distributable reserves | 130/1 | €2,723 | €2,723 | = | 0.0% |
| Other | 1319 | €2,723 | €2,723 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,570,669 | €2,376,453 | +€805,783 | +51.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,338,087 | €5,610,671 | -€727,416 | -11.5% |
| Amounts payable after more than one year | 17 | €4,761,961 | €3,614,631 | -€1.1m | -24.1% |
| Financial debts | 170/4 | €4,761,961 | €3,614,631 | -€1.1m | -24.1% |
| Amounts payable within one year | 42/48 | €1,542,747 | €1,991,471 | +€448,725 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €940,455 | €1,278,458 | +€338,003 | +35.9% |
| Financial debts | 43 | €400,000 | €175,334 | -€224,666 | -56.2% |
| Credit institutions | 430/8 | €400,000 | €175,334 | -€224,666 | -56.2% |
| Trade debts | 44 | €176,999 | €238,650 | +€61,651 | +34.8% |
| Suppliers | 440/4 | €176,999 | €238,650 | +€61,651 | +34.8% |
| Taxes, remuneration and social security | 45 | €20,412 | €281,570 | +€261,158 | +1,279% |
| Taxes | 450/3 | €20,412 | €281,570 | +€261,158 | +1,279% |
| Other amounts payable | 47/48 | €4,881 | €17,459 | +€12,579 | +258% |
| Accrued charges and deferred income | 492/3 | €33,380 | €4,569 | -€28,811 | -86.3% |
| Turnover | 70 | - | €2,730,999 | +€2.7m | |
| Non-recurring operating income | 76A | €0 | €40 | +€40 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €278,311 | +€278,311 | |
| Remuneration, social security and pensions | 62 | €0 | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €960,570 | €1,325,156 | +€364,587 | +38.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €43,233 | €28,685 | -€14,548 | -33.6% |
| Other operating charges | 640/8 | €129,691 | €235,076 | +€105,385 | +81.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,288,840 | €2,898,599 | +€1.6m | +125% |
| Operating profit (loss) | 9901 | €155,346 | €1,309,597 | +€1.2m | +743% |
| Financial income | 75/76B | €67,679 | €74,414 | +€6,735 | +10.0% |
| Recurring financial income | 75 | €67,679 | €74,414 | +€6,735 | +10.0% |
| Financial charges | 65/66B | €154,974 | €261,369 | +€106,395 | +68.7% |
| Recurring financial charges | 65 | €154,974 | €261,369 | +€106,395 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €68,052 | €1,122,642 | +€1.1m | +1,550% |
| Income taxes | 67/77 | €17,920 | €316,859 | +€298,939 | +1,668% |
| Profit (loss) for the period | 9904 | €50,132 | €805,783 | +€755,651 | +1,507% |
| Profit (loss) for the period to be appropriated | 9905 | €50,132 | €805,783 | +€755,651 | +1,507% |
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 26 October 2026 via checked.be.