BRACINO: 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.
BRACINO
Largest movements
- Tangible fixed assets -€110,070
down €110,070 (-4.9%), from €2.2m to €2.1m
of which Land and buildings: -€110,070
- Profit (loss) carried forward -€84,336
down €84,336 (-9.6%), from -€879,394 to -€963,731
- Debts after one year -€28,766
down €28,766 (-8.5%), from €336,571 to €307,805
No income-statement line moved by more than 1% of the activity.
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 | €2,269,525 | €2,146,979 | -€122,546 | -5.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,240,841 | €2,130,771 | -€110,070 | -4.9% |
| Tangible fixed assets | 22/27 | €2,240,767 | €2,130,697 | -€110,070 | -4.9% |
| Land and buildings | 22 | €2,240,767 | €2,130,697 | -€110,070 | -4.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €28,683 | €16,208 | -€12,475 | -43.5% |
| Amounts receivable within one year | 40/41 | €3,559 | €3,528 | -€31 | -0.9% |
| Trade receivables | 40 | - | €88 | +€88 | |
| Other amounts receivable | 41 | €3,559 | €3,440 | -€119 | -3.3% |
| Cash at bank and in hand | 54/58 | €20,642 | €11,180 | -€9,462 | -45.8% |
| Deferred charges and accrued income | 490/1 | €4,482 | €1,500 | -€2,982 | -66.5% |
| Total equity and liabilities | 10/49 | €2,269,525 | €2,146,979 | -€122,546 | -5.4% |
| Equity | 10/15 | -€629,394 | -€713,731 | -€84,336 | -13.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€879,394 | -€963,731 | -€84,336 | -9.6% |
| Amounts payable | 17/49 | €2,898,919 | €2,860,709 | -€38,210 | -1.3% |
| Amounts payable after more than one year | 17 | €336,571 | €307,805 | -€28,766 | -8.5% |
| Financial debts | 170/4 | €336,571 | €307,805 | -€28,766 | -8.5% |
| Amounts payable within one year | 42/48 | €2,561,926 | €2,550,135 | -€11,790 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €30,719 | €28,766 | -€1,953 | -6.4% |
| Trade debts | 44 | €71 | - | -€71 | |
| Suppliers | 440/4 | €71 | - | -€71 | |
| Taxes, remuneration and social security | 45 | €34 | - | -€34 | |
| Taxes | 450/3 | €34 | - | -€34 | |
| Other amounts payable | 47/48 | €2,531,102 | €2,521,369 | -€9,732 | -0.4% |
| Accrued charges and deferred income | 492/3 | €422 | €2,769 | +€2,347 | +555.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,036 | €110,070 | +€34 | 0.0% |
| Other operating charges | 640/8 | €12,339 | €12,206 | -€133 | -1.1% |
| Non-recurring operating charges | 66A | - | €88 | +€88 | |
| Gross operating margin | 9900 | €96,876 | €97,091 | +€215 | +0.2% |
| Operating profit (loss) | 9901 | -€25,499 | -€25,273 | +€226 | +0.9% |
| Financial charges | 65/66B | €59,351 | €59,063 | -€288 | -0.5% |
| Recurring financial charges | 65 | €59,351 | €59,063 | -€288 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€84,850 | -€84,336 | +€514 | +0.6% |
| Profit (loss) for the period | 9904 | -€84,850 | -€84,336 | +€514 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,850 | -€84,336 | +€514 | +0.6% |
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 8 October 2026 via checked.be.