BREKAR: what changed
BREKAR
Largest movements
- Receivables within one year -€306,095
down €306,095 (-99.6%), from €307,337 to €1,241
of which Other amounts receivable: -€306,095
- Current investments +€120,000
new in 2025: €120,000
- Cash -€64,166
down €64,166 (-41.9%), from €153,159 to €88,994
mainly Other debts (-€202,818) and Current investments (-€120,000)
- Other debts -€202,818
down €202,818 (-89.8%), from €225,779 to €22,961
- Debts after one year -€22,932
down €22,932 (-37.3%), from €61,474 to €38,542
of which Financial debts: -€22,932
- Tax, wage and social debts -€17,595
down €17,595 (-89.4%), from €19,683 to €2,088
of which Taxes: -€14,958
- Profit (loss) carried forward -€15,045
down €15,045, from €107 to -€14,938
- Gross operating margin -€72,892
down €72,892, from €58,132 to -€14,760
- Financial income +€25,624
up €25,624 (+545%), from €4,704 to €30,328
of which Non-recurring financial income: +€24,376
- Other operating charges -€9,211
down €9,211 (-67.8%), from €13,589 to €4,379
- Taxes -€6,387
no longer reported in 2025 (was €6,387)
- Depreciation +€991
up €991 (+4.4%), from €22,323 to €23,313
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €939,602 | €681,416 | -€258,186 | -27.5% |
| Fixed assets | 21/28 | €479,106 | €470,353 | -€8,753 | -1.8% |
| Tangible fixed assets | 22/27 | €479,106 | €470,353 | -€8,753 | -1.8% |
| Land and buildings | 22 | €477,447 | €455,418 | -€22,029 | -4.6% |
| Plant, machinery and equipment | 23 | €738 | - | -€738 | |
| Furniture and vehicles | 24 | - | €14,013 | +€14,013 | |
| Other tangible fixed assets | 26 | €921 | €921 | = | 0.0% |
| Current assets | 29/58 | €460,496 | €211,063 | -€249,433 | -54.2% |
| Amounts receivable within one year | 40/41 | €307,337 | €1,241 | -€306,095 | -99.6% |
| Trade receivables | 40 | €1,241 | €1,241 | = | 0.0% |
| Other amounts receivable | 41 | €306,095 | - | -€306,095 | |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €153,159 | €88,994 | -€64,166 | -41.9% |
| Deferred charges and accrued income | 490/1 | - | €828 | +€828 | |
| Total equity and liabilities | 10/49 | €939,602 | €681,416 | -€258,186 | -27.5% |
| Equity | 10/15 | €566,907 | €551,862 | -€15,045 | -2.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €554,400 | €554,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,471 | €12,471 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,471 | €12,471 | = | 0.0% |
| Distributable reserves | 133 | €541,928 | €541,928 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107 | -€14,938 | -€15,045 | |
| Provisions and deferred taxes | 16 | €42,967 | €42,967 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €42,967 | €42,967 | = | 0.0% |
| Pensions and similar obligations | 160 | €42,967 | €42,967 | = | 0.0% |
| Amounts payable | 17/49 | €329,728 | €86,587 | -€243,141 | -73.7% |
| Amounts payable after more than one year | 17 | €61,474 | €38,542 | -€22,932 | -37.3% |
| Financial debts | 170/4 | €58,396 | €35,464 | -€22,932 | -39.3% |
| Other amounts payable | 178/9 | €3,078 | €3,078 | = | 0.0% |
| Amounts payable within one year | 42/48 | €268,254 | €48,046 | -€220,208 | -82.1% |
| Current portion of amounts payable after more than one year | 42 | €22,380 | €22,932 | +€552 | +2.5% |
| Trade debts | 44 | €412 | €65 | -€347 | -84.3% |
| Suppliers | 440/4 | €412 | €65 | -€347 | -84.3% |
| Taxes, remuneration and social security | 45 | €19,683 | €2,088 | -€17,595 | -89.4% |
| Taxes | 450/3 | €17,046 | €2,088 | -€14,958 | -87.8% |
| Remuneration and social security | 454/9 | €2,638 | - | -€2,638 | |
| Other amounts payable | 47/48 | €225,779 | €22,961 | -€202,818 | -89.8% |
| Remuneration, social security and pensions | 62 | €960 | €387 | -€573 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,323 | €23,313 | +€991 | +4.4% |
| Other operating charges | 640/8 | €13,589 | €4,379 | -€9,211 | -67.8% |
| Gross operating margin | 9900 | €58,132 | -€14,760 | -€72,892 | |
| Operating profit (loss) | 9901 | €21,260 | -€42,839 | -€64,099 | |
| Financial income | 75/76B | €4,704 | €30,328 | +€25,624 | +545% |
| Recurring financial income | 75 | €1,600 | €2,848 | +€1,248 | +78.0% |
| Non-recurring financial income | 76B | €3,104 | €27,480 | +€24,376 | +785% |
| Financial charges | 65/66B | €2,544 | €2,534 | -€10 | -0.4% |
| Recurring financial charges | 65 | €2,544 | €2,534 | -€10 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €23,420 | -€15,045 | -€38,465 | |
| Income taxes | 67/77 | €6,387 | - | -€6,387 | |
| Profit (loss) for the period | 9904 | €17,033 | -€15,045 | -€32,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,033 | -€15,045 | -€32,078 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.