BRACKX TECHNICS: 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.
BRACKX TECHNICS
Largest movements
- Receivables within one year +€210,887
up €210,887 (+196%), from €107,554 to €318,440
of which Trade receivables: +€171,027
- Tangible fixed assets +€12,408
up €12,408 (+25.1%), from €49,417 to €61,825
of which Furniture and vehicles: +€15,288
- Cash +€8,430
up €8,430 (+4.6%), from €182,436 to €190,866
mainly Net result for the year (+€119,766) and Trade debts (+€94,758)
- Reserves +€119,766
up €119,766 (+53.5%), from €223,719 to €343,486
- Trade debts +€94,758
up €94,758 (+124%), from €76,502 to €171,261
- Tax, wage and social debts +€8,510
up €8,510 (+17.3%), from €49,276 to €57,786
of which Remuneration and social security: +€9,563
- Gross operating margin +€276,445
up €276,445 (+56.9%), from €486,013 to €762,458
- Staff costs +€151,476
up €151,476 (+38.1%), from €397,884 to €549,360
- Taxes +€26,046
up €26,046 (+234%), from €11,136 to €37,182
- Depreciation +€8,236
up €8,236 (+64.2%), from €12,831 to €21,067
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 | €425,924 | €649,191 | +€223,267 | +52.4% |
| Fixed assets | 21/28 | €49,417 | €61,825 | +€12,408 | +25.1% |
| Tangible fixed assets | 22/27 | €49,417 | €61,825 | +€12,408 | +25.1% |
| Plant, machinery and equipment | 23 | €6,363 | €3,483 | -€2,880 | -45.3% |
| Furniture and vehicles | 24 | €43,054 | €58,342 | +€15,288 | +35.5% |
| Current assets | 29/58 | €376,508 | €587,366 | +€210,858 | +56.0% |
| Stocks and contracts in progress | 3 | €79,503 | €75,186 | -€4,317 | -5.4% |
| Stocks | 30/36 | €79,503 | €75,186 | -€4,317 | -5.4% |
| Amounts receivable within one year | 40/41 | €107,554 | €318,440 | +€210,887 | +196% |
| Trade receivables | 40 | €77,248 | €248,275 | +€171,027 | +221% |
| Other amounts receivable | 41 | €30,305 | €70,165 | +€39,860 | +132% |
| Cash at bank and in hand | 54/58 | €182,436 | €190,866 | +€8,430 | +4.6% |
| Deferred charges and accrued income | 490/1 | €7,015 | €2,873 | -€4,142 | -59.0% |
| Total equity and liabilities | 10/49 | €425,924 | €649,191 | +€223,267 | +52.4% |
| Equity | 10/15 | €242,319 | €362,086 | +€119,766 | +49.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €223,719 | €343,486 | +€119,766 | +53.5% |
| Distributable reserves | 133 | €223,719 | €343,486 | +€119,766 | +53.5% |
| Amounts payable | 17/49 | €183,605 | €287,105 | +€103,500 | +56.4% |
| Amounts payable after more than one year | 17 | €19,091 | €19,679 | +€589 | +3.1% |
| Financial debts | 170/4 | €19,091 | €19,679 | +€589 | +3.1% |
| Amounts payable within one year | 42/48 | €164,514 | €267,426 | +€102,912 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €13,736 | €13,379 | -€357 | -2.6% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €76,502 | €171,261 | +€94,758 | +124% |
| Suppliers | 440/4 | €76,502 | €171,261 | +€94,758 | +124% |
| Taxes, remuneration and social security | 45 | €49,276 | €57,786 | +€8,510 | +17.3% |
| Taxes | 450/3 | €2,929 | €1,877 | -€1,052 | -35.9% |
| Remuneration and social security | 454/9 | €46,347 | €55,909 | +€9,563 | +20.6% |
| Remuneration, social security and pensions | 62 | €397,884 | €549,360 | +€151,476 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,831 | €21,067 | +€8,236 | +64.2% |
| Other operating charges | 640/8 | €4,039 | €5,684 | +€1,645 | +40.7% |
| Gross operating margin | 9900 | €486,013 | €762,458 | +€276,445 | +56.9% |
| Operating profit (loss) | 9901 | €71,260 | €186,347 | +€115,087 | +162% |
| Financial income | 75/76B | €2,927 | €2,103 | -€825 | -28.2% |
| Recurring financial income | 75 | €2,927 | €2,103 | -€825 | -28.2% |
| Financial charges | 65/66B | €25,504 | €31,501 | +€5,997 | +23.5% |
| Recurring financial charges | 65 | €25,504 | €31,501 | +€5,997 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €48,683 | €156,948 | +€108,265 | +222% |
| Income taxes | 67/77 | €11,136 | €37,182 | +€26,046 | +234% |
| Profit (loss) for the period | 9904 | €37,547 | €119,766 | +€82,220 | +219% |
| Profit (loss) for the period to be appropriated | 9905 | €37,547 | €119,766 | +€82,220 | +219% |
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 15 October 2026 via checked.be.