Bracke: 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.
Bracke
Largest movements
- Current investments +€3.4m
new in 2024: €3.4m
- Financial fixed assets -€2.2m
down €2.2m (-100%), from €2.2m to €0
- Cash +€573,503
up €573,503 (+145%), from €394,740 to €968,243
mainly Investment in fixed assets (net) (+€2.2m) and Net result for the year (+€1.6m)
- Reserves +€1.6m
up €1.6m (+341%), from €463,589 to €2.0m
- Tax, wage and social debts +€176,813
up €176,813 (+1,265%), from €13,972 to €190,785
- Gross operating margin +€1.6m
up €1.6m (+1,378%), from €115,625 to €1.7m
- Taxes +€199,747
up €199,747 (+604%), from €33,089 to €232,836
- Financial income +€161,211
up €161,211 (+6,944%), from €2,322 to €163,533
- Financial charges +€53,043
up €53,043 (+4,818%), from €1,101 to €54,144
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,676,355 | €4,428,612 | +€1.8m | +65.5% |
| Fixed assets | 21/28 | €2,242,123 | €1,838 | -€2.2m | -99.9% |
| Tangible fixed assets | 22/27 | - | €1,838 | +€1,838 | |
| Furniture and vehicles | 24 | - | €1,838 | +€1,838 | |
| Financial fixed assets | 28 | €2,242,123 | €0 | -€2.2m | -100% |
| Current assets | 29/58 | €434,232 | €4,426,774 | +€4.0m | +919% |
| Amounts receivable within one year | 40/41 | €39,492 | €30,192 | -€9,300 | -23.5% |
| Other amounts receivable | 41 | €39,492 | €30,192 | -€9,300 | -23.5% |
| Current investments | 50/53 | - | €3,428,339 | +€3.4m | |
| Cash at bank and in hand | 54/58 | €394,740 | €968,243 | +€573,503 | +145% |
| Total equity and liabilities | 10/49 | €2,676,355 | €4,428,612 | +€1.8m | +65.5% |
| Equity | 10/15 | €2,650,589 | €4,230,718 | +€1.6m | +59.6% |
| Contributions | 10/11 | €2,187,000 | €2,187,000 | = | 0.0% |
| Reserves | 13 | €463,589 | €2,043,718 | +€1.6m | +341% |
| Distributable reserves | 133 | €463,589 | €2,043,718 | +€1.6m | +341% |
| Amounts payable | 17/49 | €25,765 | €197,895 | +€172,129 | +668% |
| Amounts payable within one year | 42/48 | €21,050 | €190,863 | +€169,813 | +807% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €7,079 | €72 | -€7,007 | -99.0% |
| Suppliers | 440/4 | €7,079 | €72 | -€7,007 | -99.0% |
| Taxes, remuneration and social security | 45 | €13,972 | €190,785 | +€176,813 | +1,265% |
| Taxes | 450/3 | €13,972 | €190,785 | +€176,813 | +1,265% |
| Accrued charges and deferred income | 492/3 | €4,715 | €7,031 | +€2,316 | +49.1% |
| Non-recurring operating income | 76A | - | €1,632,458 | +€1.6m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €61 | +€61 | |
| Other operating charges | 640/8 | €1,277 | €5,491 | +€4,214 | +330% |
| Gross operating margin | 9900 | €115,625 | €1,709,127 | +€1.6m | +1,378% |
| Operating profit (loss) | 9901 | €114,348 | €1,703,576 | +€1.6m | +1,390% |
| Financial income | 75/76B | €2,322 | €163,533 | +€161,211 | +6,944% |
| Recurring financial income | 75 | €2,322 | €163,533 | +€161,211 | +6,944% |
| Financial charges | 65/66B | €1,101 | €54,144 | +€53,043 | +4,818% |
| Recurring financial charges | 65 | €1,101 | €54,144 | +€53,043 | +4,818% |
| Profit (loss) for the period before taxes | 9903 | €115,569 | €1,812,964 | +€1.7m | +1,469% |
| Income taxes | 67/77 | €33,089 | €232,836 | +€199,747 | +604% |
| Profit (loss) for the period | 9904 | €82,480 | €1,580,128 | +€1.5m | +1,816% |
| Profit (loss) for the period to be appropriated | 9905 | €82,480 | €1,580,128 | +€1.5m | +1,816% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.