BRAAST: 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.
BRAAST
Largest movements
- Tangible fixed assets -€57,721
down €57,721 (-44.5%), from €129,624 to €71,903
of which Land and buildings: -€31,224
- Cash +€37,257
up €37,257 (+101.2%), from €36,803 to €74,060
mainly Depreciation (+€57,721) and Receivables within one year (+€24,928)
- Receivables within one year -€24,928
down €24,928 (-48.7%), from €51,192 to €26,265
of which Trade receivables: -€19,414
- Debts after one year -€35,322
down €35,322 (-31.6%), from €111,617 to €76,295
- Profit (loss) carried forward -€9,664
down €9,664 (-13.4%), from -€72,053 to -€81,717
- Trade debts -€2,950
down €2,950 (-57.1%), from €5,163 to €2,213
- Gross operating margin -€74,092
down €74,092 (-50.1%), from €147,902 to €73,809
- Turnover -€34,295
down €34,295 (-18.8%), from €182,522 to €148,227
- Purchases and services +€18,820
up €18,820 (+28.6%), from €65,751 to €84,571
- Other operating charges -€13,734
down €13,734 (-39.8%), from €34,545 to €20,811
- Staff costs -€10,618
down €10,618 (-99.2%), from €10,700 to €82
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 | €217,619 | €172,228 | -€45,392 | -20.9% |
| Fixed assets | 21/28 | €129,624 | €71,903 | -€57,721 | -44.5% |
| Tangible fixed assets | 22/27 | €129,624 | €71,903 | -€57,721 | -44.5% |
| Land and buildings | 22 | €45,174 | €13,950 | -€31,224 | -69.1% |
| Plant, machinery and equipment | 23 | €15,967 | €7,805 | -€8,163 | -51.1% |
| Furniture and vehicles | 24 | €68,482 | €50,148 | -€18,334 | -26.8% |
| Current assets | 29/58 | €87,995 | €100,325 | +€12,330 | +14.0% |
| Amounts receivable within one year | 40/41 | €51,192 | €26,265 | -€24,928 | -48.7% |
| Trade receivables | 40 | €20,841 | €1,427 | -€19,414 | -93.2% |
| Other amounts receivable | 41 | €30,351 | €24,837 | -€5,514 | -18.2% |
| Cash at bank and in hand | 54/58 | €36,803 | €74,060 | +€37,257 | +101.2% |
| Total equity and liabilities | 10/49 | €217,619 | €172,228 | -€45,392 | -20.9% |
| Equity | 10/15 | €62,487 | €52,823 | -€9,664 | -15.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €84,539 | €84,539 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €79,539 | €79,539 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,053 | -€81,717 | -€9,664 | -13.4% |
| Amounts payable | 17/49 | €155,133 | €119,405 | -€35,728 | -23.0% |
| Amounts payable after more than one year | 17 | €111,617 | €76,295 | -€35,322 | -31.6% |
| Financial debts | 170/4 | €111,617 | €76,295 | -€35,322 | -31.6% |
| Amounts payable within one year | 42/48 | €43,516 | €43,110 | -€406 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €34,766 | €35,322 | +€556 | +1.6% |
| Trade debts | 44 | €5,163 | €2,213 | -€2,950 | -57.1% |
| Suppliers | 440/4 | €5,163 | €2,213 | -€2,950 | -57.1% |
| Taxes, remuneration and social security | 45 | €3,587 | €5,576 | +€1,989 | +55.4% |
| Taxes | 450/3 | €3,587 | €5,576 | +€1,989 | +55.4% |
| Turnover | 70 | €182,522 | €148,227 | -€34,295 | -18.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €65,751 | €84,571 | +€18,820 | +28.6% |
| Remuneration, social security and pensions | 62 | €10,700 | €82 | -€10,618 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,007 | €57,721 | +€6,714 | +13.2% |
| Other operating charges | 640/8 | €34,545 | €20,811 | -€13,734 | -39.8% |
| Gross operating margin | 9900 | €147,902 | €73,809 | -€74,092 | -50.1% |
| Operating profit (loss) | 9901 | €51,649 | -€4,805 | -€56,454 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -17.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -17.6% |
| Financial charges | 65/66B | €7,654 | €4,860 | -€2,794 | -36.5% |
| Recurring financial charges | 65 | €7,654 | €4,860 | -€2,794 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €43,996 | -€9,664 | -€53,660 | |
| Income taxes | 67/77 | €111 | - | -€111 | |
| Profit (loss) for the period | 9904 | €43,885 | -€9,664 | -€53,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,885 | -€9,664 | -€53,549 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.