BRACE TRANSPORT: 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.
BRACE TRANSPORT
Largest movements
- Receivables within one year -€4,673
down €4,673 (-60.2%), from €7,763 to €3,089
of which Trade receivables: -€4,595
- Deferred charges and accrued income -€1,075
no longer reported in 2025 (was €1,075)
- Accrued charges and deferred income -€3,043
down €3,043 (-92.2%), from €3,300 to €257
- Trade debts -€2,165
down €2,165 (-99.5%), from €2,176 to €12
- Profit (loss) carried forward -€1,469
down €1,469 (-62.3%), from €2,357 to €889
- Other debts +€422
up €422 (+26.4%), from €1,598 to €2,021
- Tax, wage and social debts +€402
up €402 (+53.6%), from €750 to €1,152
- Gross operating margin -€4,159
down €4,159 (-87.1%), from €4,773 to €614
- Financial charges -€690
down €690 (-47.8%), from €1,443 to €753
- Depreciation -€262
down €262 (-70.9%), from €369 to €107
- Other operating charges +€206
up €206 (+20.3%), from €1,016 to €1,222
- Taxes -€132
no longer reported in 2025 (was €132)
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 | €12,681 | €6,830 | -€5,851 | -46.1% |
| Fixed assets | 21/28 | €323 | €215 | -€107 | -33.3% |
| Tangible fixed assets | 22/27 | €323 | €215 | -€107 | -33.3% |
| Plant, machinery and equipment | 23 | €323 | €215 | -€107 | -33.3% |
| Current assets | 29/58 | €12,359 | €6,615 | -€5,744 | -46.5% |
| Amounts receivable within one year | 40/41 | €7,763 | €3,089 | -€4,673 | -60.2% |
| Trade receivables | 40 | €4,595 | - | -€4,595 | |
| Other amounts receivable | 41 | €3,168 | €3,089 | -€79 | -2.5% |
| Cash at bank and in hand | 54/58 | €3,521 | €3,525 | +€4 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,075 | - | -€1,075 | |
| Total equity and liabilities | 10/49 | €12,681 | €6,830 | -€5,851 | -46.1% |
| Equity | 10/15 | €4,857 | €3,389 | -€1,469 | -30.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,357 | €889 | -€1,469 | -62.3% |
| Amounts payable | 17/49 | €7,824 | €3,441 | -€4,383 | -56.0% |
| Amounts payable within one year | 42/48 | €4,524 | €3,184 | -€1,340 | -29.6% |
| Trade debts | 44 | €2,176 | €12 | -€2,165 | -99.5% |
| Suppliers | 440/4 | €2,176 | €12 | -€2,165 | -99.5% |
| Taxes, remuneration and social security | 45 | €750 | €1,152 | +€402 | +53.6% |
| Taxes | 450/3 | €750 | €1,152 | +€402 | +53.6% |
| Other amounts payable | 47/48 | €1,598 | €2,021 | +€422 | +26.4% |
| Accrued charges and deferred income | 492/3 | €3,300 | €257 | -€3,043 | -92.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369 | €107 | -€262 | -70.9% |
| Other operating charges | 640/8 | €1,016 | €1,222 | +€206 | +20.3% |
| Gross operating margin | 9900 | €4,773 | €614 | -€4,159 | -87.1% |
| Operating profit (loss) | 9901 | €3,388 | -€716 | -€4,104 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,443 | €753 | -€690 | -47.8% |
| Recurring financial charges | 65 | €1,443 | €753 | -€690 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €1,945 | -€1,469 | -€3,414 | |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | €1,813 | -€1,469 | -€3,282 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,813 | -€1,469 | -€3,282 |
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 27 October 2026 via checked.be.