Bracke F. Expertise: 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 F. Expertise
Largest movements
- Current investments +€13,750
up €13,750 (+56.1%), from €24,500 to €38,250
- Stocks and contracts -€3,654
no longer reported in 2025 (was €3,654)
- Profit (loss) carried forward +€6,993
up €6,993 (+27.5%), from €25,438 to €32,430
- Tax, wage and social debts +€2,150
up €2,150 (+24.1%), from €8,901 to €11,051
- Other debts +€1,500
new in 2025: €1,500
- Gross operating margin -€24,919
down €24,919 (-69.5%), from €35,876 to €10,957
- Taxes -€4,411
down €4,411 (-63.1%), from €6,989 to €2,578
- Financial income +€655
up €655 (+1,408%), from €47 to €701
- Financial charges -€610
down €610 (-36.6%), from €1,668 to €1,058
- Other operating charges +€407
up €407 (+129%), from €316 to €723
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 | €42,689 | €53,056 | +€10,367 | +24.3% |
| Fixed assets | 21/28 | €846 | €538 | -€308 | -36.4% |
| Tangible fixed assets | 22/27 | €846 | €538 | -€308 | -36.4% |
| Furniture and vehicles | 24 | €846 | €538 | -€308 | -36.4% |
| Current assets | 29/58 | €41,843 | €52,517 | +€10,674 | +25.5% |
| Stocks and contracts in progress | 3 | €3,654 | - | -€3,654 | |
| Contracts in progress | 37 | €3,654 | - | -€3,654 | |
| Amounts receivable within one year | 40/41 | €16 | - | -€16 | |
| Other amounts receivable | 41 | €16 | - | -€16 | |
| Current investments | 50/53 | €24,500 | €38,250 | +€13,750 | +56.1% |
| Cash at bank and in hand | 54/58 | €13,635 | €13,961 | +€327 | +2.4% |
| Deferred charges and accrued income | 490/1 | €38 | €306 | +€268 | +712% |
| Total equity and liabilities | 10/49 | €42,689 | €53,056 | +€10,367 | +24.3% |
| Equity | 10/15 | €33,438 | €40,430 | +€6,993 | +20.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,438 | €32,430 | +€6,993 | +27.5% |
| Amounts payable | 17/49 | €9,251 | €12,626 | +€3,374 | +36.5% |
| Amounts payable within one year | 42/48 | €9,251 | €12,626 | +€3,374 | +36.5% |
| Trade debts | 44 | €350 | €75 | -€275 | -78.7% |
| Suppliers | 440/4 | €350 | €75 | -€275 | -78.7% |
| Taxes, remuneration and social security | 45 | €8,901 | €11,051 | +€2,150 | +24.1% |
| Taxes | 450/3 | €8,901 | €11,051 | +€2,150 | +24.1% |
| Other amounts payable | 47/48 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €308 | +€231 | +300% |
| Other operating charges | 640/8 | €316 | €723 | +€407 | +129% |
| Gross operating margin | 9900 | €35,876 | €10,957 | -€24,919 | -69.5% |
| Operating profit (loss) | 9901 | €35,483 | €9,927 | -€25,557 | -72.0% |
| Financial income | 75/76B | €47 | €701 | +€655 | +1,408% |
| Recurring financial income | 75 | €47 | €701 | +€655 | +1,408% |
| Financial charges | 65/66B | €1,668 | €1,058 | -€610 | -36.6% |
| Recurring financial charges | 65 | €1,668 | €1,058 | -€610 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €33,862 | €9,570 | -€24,292 | -71.7% |
| Income taxes | 67/77 | €6,989 | €2,578 | -€4,411 | -63.1% |
| Profit (loss) for the period | 9904 | €26,873 | €6,993 | -€19,881 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,873 | €6,993 | -€19,881 | -74.0% |
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 31 October 2026 via checked.be.