BRABUS INVEST: 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.
BRABUS INVEST
Largest movements
- Cash +€82,253
up €82,253 (+64.9%), from €126,832 to €209,085
mainly Net result for the year (+€54,638) and Receivables within one year (+€49,559)
- Receivables within one year -€49,559
down €49,559 (-44.7%), from €110,940 to €61,381
of which Other amounts receivable: -€32,619
- Tangible fixed assets -€6,702
down €6,702 (-14.1%), from €47,471 to €40,769
of which Furniture and vehicles: -€6,055
- Reserves +€54,638
up €54,638 (+28.0%), from €194,833 to €249,471
- Tax, wage and social debts -€22,002
down €22,002 (-69.6%), from €31,633 to €9,631
- Debts after one year -€10,242
down €10,242 (-38.9%), from €26,310 to €16,068
- Other debts +€7,678
up €7,678 (+114%), from €6,707 to €14,386
- Trade debts -€4,040
down €4,040 (-69.3%), from €5,828 to €1,787
- Gross operating margin -€30,022
down €30,022 (-26.6%), from €112,769 to €82,746
- Depreciation +€5,562
up €5,562 (+99.4%), from €5,595 to €11,157
- Taxes -€2,777
down €2,777 (-14.7%), from €18,895 to €16,119
- Financial charges -€1,180
down €1,180 (-36.0%), from €3,280 to €2,100
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,983 | €352,375 | +€26,391 | +8.1% |
| Fixed assets | 21/28 | €87,471 | €80,769 | -€6,702 | -7.7% |
| Tangible fixed assets | 22/27 | €47,471 | €40,769 | -€6,702 | -14.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €41,441 | €35,386 | -€6,055 | -14.6% |
| Other tangible fixed assets | 26 | €6,030 | €5,384 | -€647 | -10.7% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €238,512 | €271,605 | +€33,093 | +13.9% |
| Amounts receivable within one year | 40/41 | €110,940 | €61,381 | -€49,559 | -44.7% |
| Trade receivables | 40 | €16,940 | €0 | -€16,940 | -100% |
| Other amounts receivable | 41 | €94,000 | €61,381 | -€32,619 | -34.7% |
| Cash at bank and in hand | 54/58 | €126,832 | €209,085 | +€82,253 | +64.9% |
| Deferred charges and accrued income | 490/1 | €741 | €1,139 | +€399 | +53.9% |
| Total equity and liabilities | 10/49 | €325,983 | €352,375 | +€26,391 | +8.1% |
| Equity | 10/15 | €244,833 | €299,471 | +€54,638 | +22.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €194,833 | €249,471 | +€54,638 | +28.0% |
| Distributable reserves | 133 | €194,833 | €249,471 | +€54,638 | +28.0% |
| Amounts payable | 17/49 | €81,150 | €52,903 | -€28,247 | -34.8% |
| Amounts payable after more than one year | 17 | €26,310 | €16,068 | -€10,242 | -38.9% |
| Financial debts | 170/4 | €26,310 | €16,068 | -€10,242 | -38.9% |
| Amounts payable within one year | 42/48 | €54,049 | €36,046 | -€18,004 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €9,881 | €10,242 | +€361 | +3.6% |
| Trade debts | 44 | €5,828 | €1,787 | -€4,040 | -69.3% |
| Suppliers | 440/4 | €5,828 | €1,787 | -€4,040 | -69.3% |
| Taxes, remuneration and social security | 45 | €31,633 | €9,631 | -€22,002 | -69.6% |
| Taxes | 450/3 | €31,633 | €9,631 | -€22,002 | -69.6% |
| Other amounts payable | 47/48 | €6,707 | €14,386 | +€7,678 | +114% |
| Accrued charges and deferred income | 492/3 | €791 | €790 | -€1 | -0.2% |
| Non-recurring operating income | 76A | €475 | €0 | -€475 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,595 | €11,157 | +€5,562 | +99.4% |
| Other operating charges | 640/8 | €431 | €384 | -€47 | -10.9% |
| Gross operating margin | 9900 | €112,769 | €82,746 | -€30,022 | -26.6% |
| Operating profit (loss) | 9901 | €106,743 | €71,206 | -€35,537 | -33.3% |
| Financial income | 75/76B | €1,713 | €1,651 | -€62 | -3.6% |
| Recurring financial income | 75 | €1,713 | €1,651 | -€62 | -3.6% |
| Financial charges | 65/66B | €3,280 | €2,100 | -€1,180 | -36.0% |
| Recurring financial charges | 65 | €3,280 | €2,100 | -€1,180 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €105,176 | €70,757 | -€34,419 | -32.7% |
| Income taxes | 67/77 | €18,895 | €16,119 | -€2,777 | -14.7% |
| Profit (loss) for the period | 9904 | €86,281 | €54,638 | -€31,643 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,281 | €54,638 | -€31,643 | -36.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.