BRACKE INTERNATIONAL: 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 INTERNATIONAL
Largest movements
- Receivables within one year +€26,846
up €26,846 (+6,450%), from €416 to €27,262
of which Trade receivables: +€26,887
- Cash -€10,023
down €10,023 (-11.3%), from €88,527 to €78,504
mainly Contributions, distributions and other (-€29,077) and Receivables within one year (-€26,846)
- Trade debts +€10,706
up €10,706 (+94.0%), from €11,394 to €22,100
- Profit (loss) carried forward +€10,294
no longer reported in 2025 (was -€10,294)
- Reserves -€9,477
down €9,477 (-11.5%), from €82,533 to €73,056
of which Distributable reserves: -€9,477
- Other debts +€3,533
up €3,533 (+28.5%), from €12,395 to €15,927
- Tax, wage and social debts +€2,390
up €2,390 (+15.3%), from €15,599 to €17,989
of which Taxes: +€2,390
- Gross operating margin +€20,641
up €20,641 (+72.0%), from €28,670 to €49,310
- Taxes +€8,061
up €8,061 (+147%), from €5,475 to €13,536
- Depreciation -€6,750
down €6,750 (-70.0%), from €9,648 to €2,898
- Write-downs -€2,775
no longer reported in 2025 (was €2,775)
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 | €117,839 | €135,273 | +€17,434 | +14.8% |
| Fixed assets | 21/28 | €16,254 | €15,780 | -€473 | -2.9% |
| Tangible fixed assets | 22/27 | €3,892 | €3,418 | -€473 | -12.2% |
| Land and buildings | 22 | €1,130 | €257 | -€873 | -77.3% |
| Plant, machinery and equipment | 23 | €1,305 | €2,319 | +€1,015 | +77.8% |
| Furniture and vehicles | 24 | €1,457 | €842 | -€615 | -42.2% |
| Financial fixed assets | 28 | €12,362 | €12,362 | = | 0.0% |
| Current assets | 29/58 | €101,585 | €119,492 | +€17,907 | +17.6% |
| Amounts receivable within one year | 40/41 | €416 | €27,262 | +€26,846 | +6,450% |
| Trade receivables | 40 | €375 | €27,262 | +€26,887 | +7,164% |
| Other amounts receivable | 41 | €41 | - | -€41 | |
| Current investments | 50/53 | €10,312 | €10,312 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €88,527 | €78,504 | -€10,023 | -11.3% |
| Deferred charges and accrued income | 490/1 | €2,330 | €3,414 | +€1,085 | +46.6% |
| Total equity and liabilities | 10/49 | €117,839 | €135,273 | +€17,434 | +14.8% |
| Equity | 10/15 | €78,439 | €79,256 | +€817 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,533 | €73,056 | -€9,477 | -11.5% |
| Non-distributable reserves | 130/1 | €7,059 | €7,059 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,059 | €7,059 | = | 0.0% |
| Distributable reserves | 133 | €75,474 | €65,997 | -€9,477 | -12.6% |
| Profit (loss) carried forward | 14 | -€10,294 | - | +€10,294 | |
| Amounts payable | 17/49 | €39,400 | €56,017 | +€16,616 | +42.2% |
| Amounts payable within one year | 42/48 | €39,400 | €56,017 | +€16,616 | +42.2% |
| Trade debts | 44 | €11,394 | €22,100 | +€10,706 | +94.0% |
| Suppliers | 440/4 | €11,394 | €22,100 | +€10,706 | +94.0% |
| Advances received on contracts in progress | 46 | €13 | - | -€13 | |
| Taxes, remuneration and social security | 45 | €15,599 | €17,989 | +€2,390 | +15.3% |
| Taxes | 450/3 | €12,799 | €15,189 | +€2,390 | +18.7% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €12,395 | €15,927 | +€3,533 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,648 | €2,898 | -€6,750 | -70.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,775 | - | -€2,775 | |
| Other operating charges | 640/8 | €1,552 | €1,776 | +€224 | +14.4% |
| Gross operating margin | 9900 | €28,670 | €49,310 | +€20,641 | +72.0% |
| Operating profit (loss) | 9901 | €14,695 | €44,636 | +€29,942 | +204% |
| Financial income | 75/76B | €30 | €2 | -€28 | -93.9% |
| Recurring financial income | 75 | €30 | €2 | -€28 | -93.9% |
| Financial charges | 65/66B | €1,229 | €1,208 | -€21 | -1.7% |
| Recurring financial charges | 65 | €1,229 | €1,208 | -€21 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €13,495 | €43,430 | +€29,935 | +222% |
| Income taxes | 67/77 | €5,475 | €13,536 | +€8,061 | +147% |
| Profit (loss) for the period | 9904 | €8,020 | €29,894 | +€21,874 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €8,020 | €29,894 | +€21,874 | +273% |
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 14 October 2026 via checked.be.