THE BREEZERKING: 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.
THE BREEZERKING
Largest movements
- Cash -€744,987
down €744,987 (-97.7%), from €762,441 to €17,454
mainly Receivables within one year (-€490,382) and Other debts (-€377,500)
- Receivables within one year +€490,382
up €490,382 (+19.6%), from €2.5m to €3.0m
of which Trade receivables: +€447,489
- Stocks and contracts -€148,606
down €148,606 (-63.5%), from €234,149 to €85,543
- Tangible fixed assets -€112,099
down €112,099 (-98.3%), from €114,081 to €1,982
of which Furniture and vehicles: -€111,901
- Other debts -€377,500
down €377,500 (-24.2%), from €1.6m to €1.2m
- Current portion of long-term debt -€195,000
no longer reported in 2024 (was €195,000)
- Debts after one year +€177,608
up €177,608 (+74.0%), from €240,000 to €417,608
- Profit (loss) carried forward -€154,153
down €154,153, from €141,761 to -€12,392
- Trade debts +€77,147
up €77,147 (+4.6%), from €1.7m to €1.8m
- Gross operating margin -€1.9m
down €1.9m, from €1.8m to -€107,732
- Write-downs -€1.5m
no longer reported in 2024 (was €1.5m)
- Other operating charges -€552,618
down €552,618 (-93.7%), from €590,084 to €37,466
- Taxes -€46,335
no longer reported in 2024 (was €46,335)
- Depreciation -€37,156
down €37,156 (-96.9%), from €38,345 to €1,189
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,910,952 | €3,384,557 | -€526,395 | -13.5% |
| Fixed assets | 21/28 | €406,560 | €294,461 | -€112,099 | -27.6% |
| Tangible fixed assets | 22/27 | €114,081 | €1,982 | -€112,099 | -98.3% |
| Plant, machinery and equipment | 23 | €198 | - | -€198 | |
| Furniture and vehicles | 24 | €113,883 | €1,982 | -€111,901 | -98.3% |
| Financial fixed assets | 28 | €292,479 | €292,479 | = | 0.0% |
| Current assets | 29/58 | €3,504,392 | €3,090,096 | -€414,296 | -11.8% |
| Stocks and contracts in progress | 3 | €234,149 | €85,543 | -€148,606 | -63.5% |
| Stocks | 30/36 | €234,149 | €85,543 | -€148,606 | -63.5% |
| Amounts receivable within one year | 40/41 | €2,496,717 | €2,987,099 | +€490,382 | +19.6% |
| Trade receivables | 40 | €2,455,024 | €2,902,513 | +€447,489 | +18.2% |
| Other amounts receivable | 41 | €41,693 | €84,586 | +€42,893 | +103% |
| Cash at bank and in hand | 54/58 | €762,441 | €17,454 | -€744,987 | -97.7% |
| Deferred charges and accrued income | 490/1 | €11,085 | - | -€11,085 | |
| Total equity and liabilities | 10/49 | €3,910,952 | €3,384,557 | -€526,395 | -13.5% |
| Equity | 10/15 | €156,021 | €1,868 | -€154,153 | -98.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,761 | -€12,392 | -€154,153 | |
| Amounts payable | 17/49 | €3,754,931 | €3,382,689 | -€372,242 | -9.9% |
| Amounts payable after more than one year | 17 | €240,000 | €417,608 | +€177,608 | +74.0% |
| Financial debts | 170/4 | €240,000 | €417,608 | +€177,608 | +74.0% |
| Amounts payable within one year | 42/48 | €3,514,931 | €2,965,081 | -€549,850 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €195,000 | - | -€195,000 | |
| Trade debts | 44 | €1,695,412 | €1,772,559 | +€77,147 | +4.6% |
| Suppliers | 440/4 | €1,695,412 | €1,772,559 | +€77,147 | +4.6% |
| Advances received on contracts in progress | 46 | €6,869 | €6,869 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €60,500 | €6,003 | -€54,497 | -90.1% |
| Taxes | 450/3 | €52,500 | - | -€52,500 | |
| Remuneration and social security | 454/9 | €8,000 | €6,003 | -€1,997 | -25.0% |
| Other amounts payable | 47/48 | €1,557,150 | €1,179,650 | -€377,500 | -24.2% |
| Remuneration, social security and pensions | 62 | - | €1,667 | +€1,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,345 | €1,189 | -€37,156 | -96.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,524,803 | - | -€1.5m | |
| Other operating charges | 640/8 | €590,084 | €37,466 | -€552,618 | -93.7% |
| Non-recurring operating charges | 66A | €350 | €6,099 | +€5,749 | +1,643% |
| Gross operating margin | 9900 | €1,820,573 | -€107,732 | -€1.9m | |
| Operating profit (loss) | 9901 | -€333,009 | -€154,153 | +€178,856 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | -€333,009 | -€154,153 | +€178,856 | +53.7% |
| Income taxes | 67/77 | €46,335 | - | -€46,335 | |
| Profit (loss) for the period | 9904 | -€379,344 | -€154,153 | +€225,191 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€379,344 | -€154,153 | +€225,191 | +59.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.