BRACKE: 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.
What changed
BRACKE
NACE 49.310, Scheduled passenger transport by road
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€21,320
2021 · €37,759-€59,079
Equity
€92,140
2021 · €113,460-€21,320
Cash
€9,465
2021 · €7,178+€2,287
Balance sheet total
€478,096
2021 · €493,671-€15,575
Largest movements
Assets
- Tangible fixed assets -€21,279
down €21,279 (-4.4%), from €481,589 to €460,309
of which Land and buildings: -€17,260
Equity and liabilities
- Other debts +€57,109
up €57,109 (+180.9%), from €31,564 to €88,673
- Tax, wage and social debts -€48,490
no longer reported in 2022 (was €48,490)
of which Remuneration and social security: -€45,244
- Profit (loss) carried forward -€21,320
down €21,320 (-6.2%), from -€345,555 to -€366,875
Income statement
- Financial income -€49,799
down €49,799 (-99.5%), from €50,039 to €240
of which Non-recurring financial income: -€50,000
- Gross operating margin -€8,958
down €8,958 (-25.0%), from €35,812 to €26,854
- Other operating charges +€490
up €490 (+17.7%), from €2,764 to €3,254
From the 2021 result to the 2022 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.
Result 2021
€37,759
Gross operating margin
-€8,958
Depreciation
+€229
Other operating charges
-€490
Financial income
-€49,799
Financial charges
-€61
Result 2022
-€21,320
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€8,026
Investment
-€2,816
Financing
-€2,923
Cash 2021
€7,178
From operations (derived)
+€8,026
Net result for the year
-€21,320
Depreciation
+€24,079
Receivables within one year
-€3,235
Deferred charges and accrued income
-€167
Provisions
-€2,500
Trade debts
+€1,279
Tax, wage and social debts
-€48,490
Advances received
+€1,270
Other debts
+€57,109
Investment (derived)
-€2,816
Investment in fixed assets (net)
-€2,816
Financing
-€2,923
Debts after one year
-€2,946
Current portion of long-term debt
+€75
Short-term financial debts
-€52
Cash 2022
€9,465
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,671 | €478,096 | -€15,575 | -3.2% |
| Fixed assets | 21/28 | €481,731 | €460,467 | -€21,264 | -4.4% |
| Tangible fixed assets | 22/27 | €481,589 | €460,309 | -€21,279 | -4.4% |
| Land and buildings | 22 | €475,211 | €457,951 | -€17,260 | -3.6% |
| Plant, machinery and equipment | 23 | €3,947 | €548 | -€3,399 | -86.1% |
| Furniture and vehicles | 24 | €2,431 | €1,810 | -€621 | -25.5% |
| Financial fixed assets | 28 | €143 | €158 | +€16 | +11.0% |
| Current assets | 29/58 | €11,940 | €17,629 | +€5,689 | +47.6% |
| Amounts receivable within one year | 40/41 | €3,895 | €7,130 | +€3,235 | +83.1% |
| Trade receivables | 40 | €3,895 | €6,656 | +€2,761 | +70.9% |
| Other amounts receivable | 41 | - | €474 | +€474 | |
| Cash at bank and in hand | 54/58 | €7,178 | €9,465 | +€2,287 | +31.9% |
| Deferred charges and accrued income | 490/1 | €867 | €1,034 | +€167 | +19.2% |
| Total equity and liabilities | 10/49 | €493,671 | €478,096 | -€15,575 | -3.2% |
| Equity | 10/15 | €113,460 | €92,140 | -€21,320 | -18.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €309,015 | €309,015 | = | 0.0% |
| Tax-exempt reserves | 132 | €144,721 | €121,027 | -€23,693 | -16.4% |
| Distributable reserves | 133 | €164,294 | €187,987 | +€23,693 | +14.4% |
| Profit (loss) carried forward | 14 | -€345,555 | -€366,875 | -€21,320 | -6.2% |
| Provisions and deferred taxes | 16 | €292,500 | €290,000 | -€2,500 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €292,500 | €290,000 | -€2,500 | -0.9% |
| Environmental obligations | 163 | €292,500 | €290,000 | -€2,500 | -0.9% |
| Amounts payable | 17/49 | €87,711 | €95,957 | +€8,245 | +9.4% |
| Amounts payable after more than one year | 17 | €4,196 | €1,250 | -€2,946 | -70.2% |
| Financial debts | 170/4 | €4,196 | €1,250 | -€2,946 | -70.2% |
| Amounts payable within one year | 42/48 | €83,516 | €94,707 | +€11,191 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €2,871 | €2,946 | +€75 | +2.6% |
| Financial debts | 43 | €52 | - | -€52 | |
| Credit institutions | 430/8 | €52 | - | -€52 | |
| Trade debts | 44 | €539 | €1,818 | +€1,279 | +237.5% |
| Suppliers | 440/4 | €539 | €1,818 | +€1,279 | +237.5% |
| Advances received on contracts in progress | 46 | - | €1,270 | +€1,270 | |
| Taxes, remuneration and social security | 45 | €48,490 | - | -€48,490 | |
| Taxes | 450/3 | €3,246 | - | -€3,246 | |
| Remuneration and social security | 454/9 | €45,244 | - | -€45,244 | |
| Other amounts payable | 47/48 | €31,564 | €88,673 | +€57,109 | +180.9% |
| Non-recurring operating income | 76A | €2,479 | €2,500 | +€21 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,308 | €24,079 | -€229 | -0.9% |
| Other operating charges | 640/8 | €2,764 | €3,254 | +€490 | +17.7% |
| Gross operating margin | 9900 | €35,812 | €26,854 | -€8,958 | -25.0% |
| Operating profit (loss) | 9901 | €8,740 | -€479 | -€9,219 | |
| Financial income | 75/76B | €50,039 | €240 | -€49,799 | -99.5% |
| Recurring financial income | 75 | €39 | €240 | +€201 | +513.8% |
| Non-recurring financial income | 76B | €50,000 | - | -€50,000 | |
| Financial charges | 65/66B | €21,020 | €21,081 | +€61 | +0.3% |
| Recurring financial charges | 65 | €21,020 | €21,081 | +€61 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €37,759 | -€21,320 | -€59,079 | |
| Profit (loss) for the period | 9904 | €37,759 | -€21,320 | -€59,079 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,759 | -€21,320 | -€59,079 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.