NEW BREDA: 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.
NEW BREDA
Largest movements
- Current assets +€12,378
up €12,378 (+40.4%), from €30,620 to €42,998
of which Receivables within one year: +€8,316
- Tangible fixed assets -€4,166
down €4,166 (-75.7%), from €5,504 to €1,337
- Reserves +€30,760
up €30,760 (+131%), from €23,484 to €54,244
- Debts -€24,617
down €24,617 (-65.3%), from €37,695 to €13,078
- Profit (loss) carried forward +€2,069
up €2,069 (+5.7%), from -€36,376 to -€34,307
- Gross operating margin +€53,282
up €53,282, from -€1,820 to €51,462
- Other operating charges +€10,217
new in 2021: €10,217
- Depreciation -€6,361
down €6,361 (-60.4%), from €10,527 to €4,166
- Financial charges +€2,033
new in 2021: €2,033
- Staff costs +€1,877
new in 2021: €1,877
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,003 | €47,215 | +€8,212 | +21.1% |
| Fixed assets | 21/28 | €8,384 | €4,217 | -€4,166 | -49.7% |
| Tangible fixed assets | 22/27 | €5,504 | €1,337 | -€4,166 | -75.7% |
| Furniture and vehicles | 24 | - | €1,337 | +€1,337 | |
| Financial fixed assets | 28 | €2,880 | €2,880 | = | 0.0% |
| Current assets | 29/58 | €30,620 | €42,998 | +€12,378 | +40.4% |
| Stocks and contracts in progress | 3 | €1,056 | €1,442 | +€386 | +36.5% |
| Stocks | 30/36 | - | €1,442 | +€1,442 | |
| Amounts receivable within one year | 40/41 | €28,417 | €36,733 | +€8,316 | +29.3% |
| Trade receivables | 40 | - | €36,733 | +€36,733 | |
| Cash at bank and in hand | 54/58 | €1,050 | €4,724 | +€3,674 | +350% |
| Deferred charges and accrued income | 490/1 | - | €99 | +€99 | |
| Total equity and liabilities | 10/49 | €39,003 | €47,215 | +€8,212 | +21.1% |
| Equity | 10/15 | €1,308 | €34,137 | +€32,829 | +2,510% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Capital | 10 | - | €14,200 | +€14,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €4,400 | +€4,400 | |
| Reserves | 13 | €23,484 | €54,244 | +€30,760 | +131% |
| Non-distributable reserves | 130/1 | - | €54,244 | +€54,244 | |
| Legal reserve | 130 | - | €286 | +€286 | |
| Own shares acquired | 1312 | - | €53,958 | +€53,958 | |
| Profit (loss) carried forward | 14 | -€36,376 | -€34,307 | +€2,069 | +5.7% |
| Amounts payable | 17/49 | €37,695 | €13,078 | -€24,617 | -65.3% |
| Amounts payable within one year | 42/48 | €29,671 | €13,078 | -€16,592 | -55.9% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €23,159 | €1,450 | -€21,709 | -93.7% |
| Suppliers | 440/4 | - | €1,450 | +€1,450 | |
| Taxes, remuneration and social security | 45 | - | €8,455 | +€8,455 | |
| Taxes | 450/3 | - | €3,884 | +€3,884 | |
| Remuneration and social security | 454/9 | - | €4,570 | +€4,570 | |
| Other amounts payable | 47/48 | - | €3,167 | +€3,167 | |
| Remuneration, social security and pensions | 62 | - | €1,877 | +€1,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,527 | €4,166 | -€6,361 | -60.4% |
| Other operating charges | 640/8 | - | €10,217 | +€10,217 | |
| Gross operating margin | 9900 | -€1,820 | €51,462 | +€53,282 | |
| Operating profit (loss) | 9901 | -€15,281 | €35,202 | +€50,483 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€0 | +1,150% |
| Financial charges | 65/66B | - | €2,033 | +€2,033 | |
| Recurring financial charges | 65 | €697 | €2,033 | +€1,336 | +192% |
| Profit (loss) for the period before taxes | 9903 | -€15,977 | €33,170 | +€49,147 | |
| Transfer to deferred taxes | 680 | - | €30,760 | +€30,760 | |
| Income taxes | 67/77 | €266 | €341 | +€75 | +28.2% |
| Profit (loss) for the period | 9904 | -€16,243 | €2,069 | +€18,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,441 | €2,069 | +€41,510 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.