Arno Bracke: what changed
Two fiscal 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.
Arno Bracke
Largest movements
- Cash +€7,861
up €7,861 (+44.1%), from €17,832 to €25,693
mainly Depreciation (+€7,648) and Receivables within one year (+€5,719)
- Receivables within one year -€5,719
down €5,719 (-63.1%), from €9,063 to €3,344
of which Trade receivables: -€5,478
- Tangible fixed assets -€5,433
down €5,433 (-17.9%), from €30,398 to €24,966
of which Leasing and similar rights: -€6,247
- Deferred charges and accrued income +€1,733
up €1,733 (+137.3%), from €1,262 to €2,995
- Debts after one year -€5,926
down €5,926 (-28.0%), from €21,173 to €15,247
- Profit (loss) carried forward +€4,138
up €4,138 (+14.2%), from €29,207 to €33,345
- Gross operating margin -€3,984
down €3,984 (-20.2%), from €19,698 to €15,715
- Depreciation +€1,858
up €1,858 (+32.1%), from €5,790 to €7,648
- Taxes -€624
down €624 (-30.8%), from €2,025 to €1,401
- Other operating charges +€213
up €213 (+138.0%), from €154 to €368
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,555 | €56,998 | -€1,558 | -2.7% |
| Fixed assets | 21/28 | €30,398 | €24,966 | -€5,433 | -17.9% |
| Tangible fixed assets | 22/27 | €30,398 | €24,966 | -€5,433 | -17.9% |
| Plant, machinery and equipment | 23 | €3,994 | €3,511 | -€483 | -12.1% |
| Furniture and vehicles | 24 | - | €1,297 | +€1,297 | |
| Leasing and similar rights | 25 | €26,404 | €20,157 | -€6,247 | -23.7% |
| Current assets | 29/58 | €28,157 | €32,032 | +€3,875 | +13.8% |
| Amounts receivable within one year | 40/41 | €9,063 | €3,344 | -€5,719 | -63.1% |
| Trade receivables | 40 | €7,588 | €2,110 | -€5,478 | -72.2% |
| Other amounts receivable | 41 | €1,476 | €1,234 | -€241 | -16.3% |
| Cash at bank and in hand | 54/58 | €17,832 | €25,693 | +€7,861 | +44.1% |
| Deferred charges and accrued income | 490/1 | €1,262 | €2,995 | +€1,733 | +137.3% |
| Total equity and liabilities | 10/49 | €58,555 | €56,998 | -€1,558 | -2.7% |
| Equity | 10/15 | €29,208 | €33,346 | +€4,138 | +14.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,207 | €33,345 | +€4,138 | +14.2% |
| Amounts payable | 17/49 | €29,348 | €23,652 | -€5,696 | -19.4% |
| Amounts payable after more than one year | 17 | €21,173 | €15,247 | -€5,926 | -28.0% |
| Financial debts | 170/4 | €21,173 | €15,247 | -€5,926 | -28.0% |
| Amounts payable within one year | 42/48 | €7,627 | €8,046 | +€419 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €5,612 | €5,926 | +€313 | +5.6% |
| Trade debts | 44 | - | €105 | +€105 | |
| Suppliers | 440/4 | - | €105 | +€105 | |
| Taxes, remuneration and social security | 45 | €1,133 | €1,349 | +€216 | +19.0% |
| Taxes | 450/3 | €1,133 | €1,349 | +€216 | +19.0% |
| Other amounts payable | 47/48 | €881 | €666 | -€215 | -24.4% |
| Accrued charges and deferred income | 492/3 | €548 | €359 | -€189 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,790 | €7,648 | +€1,858 | +32.1% |
| Other operating charges | 640/8 | €154 | €368 | +€213 | +138.0% |
| Gross operating margin | 9900 | €19,698 | €15,715 | -€3,984 | -20.2% |
| Operating profit (loss) | 9901 | €13,754 | €7,699 | -€6,055 | -44.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,337 | €1,327 | -€10 | -0.7% |
| Recurring financial charges | 65 | €1,337 | €1,327 | -€10 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €12,416 | €6,372 | -€6,044 | -48.7% |
| Income taxes | 67/77 | €2,025 | €1,401 | -€624 | -30.8% |
| Profit (loss) for the period | 9904 | €10,391 | €4,971 | -€5,420 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,391 | €4,971 | -€5,420 | -52.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.