BRACKE - VERVAET: 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.
BRACKE - VERVAET
Largest movements
- Current investments +€9,736
new in 2025: €9,736
- Tangible fixed assets -€9,712
down €9,712 (-23.9%), from €40,704 to €30,992
of which Furniture and vehicles: -€7,603
- Receivables within one year +€7,125
up €7,125 (+139.1%), from €5,123 to €12,247
- Cash -€3,921
down €3,921 (-12.6%), from €31,000 to €27,079
mainly Current investments (-€9,736) and Debts after one year (-€7,995)
- Debts after one year -€7,995
down €7,995 (-49.0%), from €16,327 to €8,331
- Profit (loss) carried forward +€4,687
up €4,687 (+17.1%), from -€27,340 to -€22,653
- Tax, wage and social debts +€4,554
up €4,554 (+128.2%), from €3,552 to €8,106
of which Remuneration and social security: +€2,500
- Other debts +€1,083
up €1,083 (+151.0%), from €717 to €1,801
- Depreciation +€5,830
up €5,830 (+150.2%), from €3,881 to €9,712
- Taxes +€1,412
up €1,412 (+849.5%), from €166 to €1,578
- Financial income +€1,157
up €1,157 (+845.2%), from €137 to €1,294
- Financial charges +€1,090
up €1,090 (+601.2%), from €181 to €1,271
- Other operating charges -€978
down €978 (-34.9%), from €2,802 to €1,824
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 | €77,315 | €80,568 | +€3,253 | +4.2% |
| Fixed assets | 21/28 | €40,704 | €30,992 | -€9,712 | -23.9% |
| Tangible fixed assets | 22/27 | €40,704 | €30,992 | -€9,712 | -23.9% |
| Land and buildings | 22 | €4,668 | €2,560 | -€2,108 | -45.2% |
| Furniture and vehicles | 24 | €36,036 | €28,433 | -€7,603 | -21.1% |
| Current assets | 29/58 | €36,611 | €49,576 | +€12,965 | +35.4% |
| Amounts receivable within one year | 40/41 | €5,123 | €12,247 | +€7,125 | +139.1% |
| Trade receivables | 40 | €5,123 | €12,247 | +€7,125 | +139.1% |
| Current investments | 50/53 | - | €9,736 | +€9,736 | |
| Cash at bank and in hand | 54/58 | €31,000 | €27,079 | -€3,921 | -12.6% |
| Deferred charges and accrued income | 490/1 | €489 | €514 | +€25 | +5.1% |
| Total equity and liabilities | 10/49 | €77,315 | €80,568 | +€3,253 | +4.2% |
| Equity | 10/15 | €47,028 | €51,715 | +€4,687 | +10.0% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,340 | -€22,653 | +€4,687 | +17.1% |
| Amounts payable | 17/49 | €30,287 | €28,853 | -€1,434 | -4.7% |
| Amounts payable after more than one year | 17 | €16,327 | €8,331 | -€7,995 | -49.0% |
| Financial debts | 170/4 | €16,327 | €8,331 | -€7,995 | -49.0% |
| Amounts payable within one year | 42/48 | €13,960 | €20,522 | +€6,561 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €7,673 | €7,995 | +€322 | +4.2% |
| Trade debts | 44 | €2,018 | €2,620 | +€602 | +29.8% |
| Suppliers | 440/4 | €2,018 | €2,620 | +€602 | +29.8% |
| Taxes, remuneration and social security | 45 | €3,552 | €8,106 | +€4,554 | +128.2% |
| Taxes | 450/3 | €3,552 | €5,606 | +€2,054 | +57.8% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €717 | €1,801 | +€1,083 | +151.0% |
| Non-recurring operating income | 76A | €9,988 | - | -€9,988 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,881 | €9,712 | +€5,830 | +150.2% |
| Other operating charges | 640/8 | €2,802 | €1,824 | -€978 | -34.9% |
| Gross operating margin | 9900 | €18,578 | €17,779 | -€800 | -4.3% |
| Operating profit (loss) | 9901 | €11,895 | €6,243 | -€5,652 | -47.5% |
| Financial income | 75/76B | €137 | €1,294 | +€1,157 | +845.2% |
| Recurring financial income | 75 | €137 | €1,294 | +€1,157 | +845.2% |
| Financial charges | 65/66B | €181 | €1,271 | +€1,090 | +601.2% |
| Recurring financial charges | 65 | €181 | €1,271 | +€1,090 | +601.2% |
| Profit (loss) for the period before taxes | 9903 | €11,850 | €6,266 | -€5,585 | -47.1% |
| Income taxes | 67/77 | €166 | €1,578 | +€1,412 | +849.5% |
| Profit (loss) for the period | 9904 | €11,684 | €4,687 | -€6,997 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,684 | €4,687 | -€6,997 | -59.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.