BRACKIMMO: 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.
BRACKIMMO
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€25,640
down €25,640 (-61.2%), from €41,885 to €16,245
mainly Current investments (-€50,000) and Other debts (-€28,767)
- Tangible fixed assets -€17,654
down €17,654 (-4.7%), from €374,484 to €356,830
- Receivables after one year -€15,000
down €15,000 (-30.0%), from €50,000 to €35,000
- Other debts -€28,767
down €28,767 (-7.9%), from €365,308 to €336,541
- Profit (loss) carried forward +€21,453
up €21,453 (+277.5%), from €7,731 to €29,185
- Gross operating margin +€3,705
up €3,705 (+9.0%), from €40,966 to €44,671
- Depreciation -€3,503
down €3,503 (-16.6%), from €21,157 to €17,654
- Financial income +€857
up €857 (+57.2%), from €1,500 to €2,357
- Taxes +€467
up €467 (+182.7%), from €255 to €722
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 | €479,269 | €473,524 | -€5,745 | -1.2% |
| Fixed assets | 21/28 | €386,984 | €369,330 | -€17,654 | -4.6% |
| Tangible fixed assets | 22/27 | €374,484 | €356,830 | -€17,654 | -4.7% |
| Land and buildings | 22 | €374,484 | €356,830 | -€17,654 | -4.7% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €92,285 | €104,194 | +€11,909 | +12.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Other amounts receivable | 291 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Amounts receivable within one year | 40/41 | - | €180 | +€180 | |
| Trade receivables | 40 | - | €180 | +€180 | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €41,885 | €16,245 | -€25,640 | -61.2% |
| Deferred charges and accrued income | 490/1 | €401 | €2,769 | +€2,369 | +591.3% |
| Total equity and liabilities | 10/49 | €479,269 | €473,524 | -€5,745 | -1.2% |
| Equity | 10/15 | €103,952 | €125,405 | +€21,453 | +20.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €34,721 | €34,721 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €28,571 | €28,571 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,731 | €29,185 | +€21,453 | +277.5% |
| Amounts payable | 17/49 | €375,317 | €348,119 | -€27,198 | -7.2% |
| Amounts payable after more than one year | 17 | €4,543 | €4,543 | = | 0.0% |
| Other amounts payable | 178/9 | €4,543 | €4,543 | = | 0.0% |
| Amounts payable within one year | 42/48 | €368,781 | €338,884 | -€29,897 | -8.1% |
| Trade debts | 44 | €3,078 | €1,800 | -€1,279 | -41.5% |
| Suppliers | 440/4 | €3,078 | €1,800 | -€1,279 | -41.5% |
| Taxes, remuneration and social security | 45 | €395 | €543 | +€148 | +37.4% |
| Taxes | 450/3 | €395 | €543 | +€148 | +37.4% |
| Other amounts payable | 47/48 | €365,308 | €336,541 | -€28,767 | -7.9% |
| Accrued charges and deferred income | 492/3 | €1,993 | €4,692 | +€2,699 | +135.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,157 | €17,654 | -€3,503 | -16.6% |
| Other operating charges | 640/8 | €6,767 | €7,112 | +€345 | +5.1% |
| Gross operating margin | 9900 | €40,966 | €44,671 | +€3,705 | +9.0% |
| Operating profit (loss) | 9901 | €13,042 | €19,905 | +€6,864 | +52.6% |
| Financial income | 75/76B | €1,500 | €2,357 | +€857 | +57.2% |
| Recurring financial income | 75 | €1,500 | €2,357 | +€857 | +57.2% |
| Financial charges | 65/66B | €78 | €87 | +€9 | +11.5% |
| Recurring financial charges | 65 | €78 | €87 | +€9 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €14,464 | €22,175 | +€7,712 | +53.3% |
| Income taxes | 67/77 | €255 | €722 | +€467 | +182.7% |
| Profit (loss) for the period | 9904 | €14,208 | €21,453 | +€7,245 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,208 | €21,453 | +€7,245 | +51.0% |
Source: filed annual accounts (NBB), financial years ended 1 July 2024 and 1 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.