Bader Braffort: 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.
Bader Braffort
Largest movements
- Cash +€15,628
up €15,628 (+57.5%), from €27,157 to €42,785
mainly Net result for the year (+€28,684) and Depreciation (+€8,781)
- Tangible fixed assets -€6,455
down €6,455 (-40.9%), from €15,780 to €9,325
of which Furniture and vehicles: -€7,291
- Receivables within one year +€5,571
new in 2025: €5,571
- Reserves +€28,684
up €28,684 (+152%), from €18,860 to €47,544
- Other debts -€16,392
no longer reported in 2025 (was €16,392)
- Tax, wage and social debts +€2,104
up €2,104 (+33.2%), from €6,334 to €8,438
- Gross operating margin +€9,869
up €9,869 (+26.4%), from €37,423 to €47,292
- Depreciation -€1,700
down €1,700 (-16.2%), from €10,481 to €8,781
- Taxes +€1,587
up €1,587 (+22.3%), from €7,122 to €8,709
- Other operating charges +€772
new in 2025: €772
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,096 | €59,299 | +€14,203 | +31.5% |
| Fixed assets | 21/28 | €17,775 | €10,820 | -€6,955 | -39.1% |
| Intangible fixed assets | 21 | €1,995 | €1,495 | -€500 | -25.1% |
| Tangible fixed assets | 22/27 | €15,780 | €9,325 | -€6,455 | -40.9% |
| Furniture and vehicles | 24 | €15,780 | €8,489 | -€7,291 | -46.2% |
| Other tangible fixed assets | 26 | - | €837 | +€837 | |
| Current assets | 29/58 | €27,321 | €48,479 | +€21,158 | +77.4% |
| Amounts receivable within one year | 40/41 | - | €5,571 | +€5,571 | |
| Other amounts receivable | 41 | - | €5,571 | +€5,571 | |
| Cash at bank and in hand | 54/58 | €27,157 | €42,785 | +€15,628 | +57.5% |
| Deferred charges and accrued income | 490/1 | €164 | €123 | -€41 | -24.9% |
| Total equity and liabilities | 10/49 | €45,096 | €59,299 | +€14,203 | +31.5% |
| Equity | 10/15 | €21,860 | €50,544 | +€28,684 | +131% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,860 | €47,544 | +€28,684 | +152% |
| Distributable reserves | 133 | €18,860 | €47,544 | +€28,684 | +152% |
| Amounts payable | 17/49 | €23,235 | €8,755 | -€14,481 | -62.3% |
| Amounts payable within one year | 42/48 | €23,235 | €8,500 | -€14,735 | -63.4% |
| Trade debts | 44 | €510 | €62 | -€448 | -87.8% |
| Suppliers | 440/4 | €510 | €62 | -€448 | -87.8% |
| Taxes, remuneration and social security | 45 | €6,334 | €8,438 | +€2,104 | +33.2% |
| Taxes | 450/3 | €6,334 | €8,438 | +€2,104 | +33.2% |
| Other amounts payable | 47/48 | €16,392 | - | -€16,392 | |
| Accrued charges and deferred income | 492/3 | - | €254 | +€254 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,481 | €8,781 | -€1,700 | -16.2% |
| Other operating charges | 640/8 | - | €772 | +€772 | |
| Gross operating margin | 9900 | €37,423 | €47,292 | +€9,869 | +26.4% |
| Operating profit (loss) | 9901 | €26,943 | €37,740 | +€10,797 | +40.1% |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €101 | €384 | +€283 | +280% |
| Recurring financial charges | 65 | €101 | €384 | +€283 | +280% |
| Profit (loss) for the period before taxes | 9903 | €26,841 | €37,393 | +€10,552 | +39.3% |
| Income taxes | 67/77 | €7,122 | €8,709 | +€1,587 | +22.3% |
| Profit (loss) for the period | 9904 | €19,719 | €28,684 | +€8,964 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,719 | €28,684 | +€8,964 | +45.5% |
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 25 October 2026 via checked.be.