BRADA MODA: 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.
BRADA MODA
Largest movements
- Tangible fixed assets +€23,171
up €23,171 (+703.4%), from €3,294 to €26,465
of which Furniture and vehicles: +€23,878
- Deferred charges and accrued income -€17,955
down €17,955 (-65.0%), from €27,642 to €9,687
- Cash +€8,782
up €8,782 (+6.0%), from €145,347 to €154,129
mainly Tax, wage and social debts (+€24,377) and Deferred charges and accrued income (+€17,955)
- Stocks and contracts +€3,245
up €3,245 (+4.0%), from €81,150 to €84,395
- Tax, wage and social debts +€24,377
up €24,377 (+19.6%), from €124,682 to €149,058
of which Taxes: +€14,957
- Trade debts -€15,368
down €15,368 (-22.4%), from €68,483 to €53,116
- Other debts +€4,456
up €4,456 (+2652.3%), from €168 to €4,624
- Staff costs +€24,235
up €24,235 (+14.1%), from €172,054 to €196,290
- Financial charges +€5,834
up €5,834 (+1688.1%), from €346 to €6,179
of which Non-recurring financial charges: +€4,680
- Depreciation +€4,305
up €4,305 (+86.0%), from €5,003 to €9,308
- Gross operating margin -€4,293
down €4,293 (-1.8%), from €234,083 to €229,790
- Taxes -€3,830
down €3,830 (-49.4%), from €7,748 to €3,918
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 | €305,240 | €321,072 | +€15,832 | +5.2% |
| Fixed assets | 21/28 | €40,794 | €63,965 | +€23,171 | +56.8% |
| Tangible fixed assets | 22/27 | €3,294 | €26,465 | +€23,171 | +703.4% |
| Plant, machinery and equipment | 23 | €2,608 | - | -€2,608 | |
| Furniture and vehicles | 24 | €686 | €24,563 | +€23,878 | +3481.1% |
| Other tangible fixed assets | 26 | - | €1,901 | +€1,901 | |
| Financial fixed assets | 28 | €37,500 | €37,500 | = | 0.0% |
| Current assets | 29/58 | €264,446 | €257,108 | -€7,339 | -2.8% |
| Stocks and contracts in progress | 3 | €81,150 | €84,395 | +€3,245 | +4.0% |
| Stocks | 30/36 | €81,150 | €84,395 | +€3,245 | +4.0% |
| Amounts receivable within one year | 40/41 | €10,308 | €8,897 | -€1,410 | -13.7% |
| Trade receivables | 40 | €5,008 | €7,016 | +€2,008 | +40.1% |
| Other amounts receivable | 41 | €5,300 | €1,882 | -€3,418 | -64.5% |
| Cash at bank and in hand | 54/58 | €145,347 | €154,129 | +€8,782 | +6.0% |
| Deferred charges and accrued income | 490/1 | €27,642 | €9,687 | -€17,955 | -65.0% |
| Total equity and liabilities | 10/49 | €305,240 | €321,072 | +€15,832 | +5.2% |
| Equity | 10/15 | €111,907 | €114,275 | +€2,367 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,447 | €93,815 | +€2,367 | +2.6% |
| Amounts payable | 17/49 | €193,333 | €206,798 | +€13,465 | +7.0% |
| Amounts payable within one year | 42/48 | €193,333 | €206,798 | +€13,465 | +7.0% |
| Trade debts | 44 | €68,483 | €53,116 | -€15,368 | -22.4% |
| Suppliers | 440/4 | €68,483 | €53,116 | -€15,368 | -22.4% |
| Taxes, remuneration and social security | 45 | €124,682 | €149,058 | +€24,377 | +19.6% |
| Taxes | 450/3 | €91,535 | €106,492 | +€14,957 | +16.3% |
| Remuneration and social security | 454/9 | €33,147 | €42,566 | +€9,420 | +28.4% |
| Other amounts payable | 47/48 | €168 | €4,624 | +€4,456 | +2652.3% |
| Remuneration, social security and pensions | 62 | €172,054 | €196,290 | +€24,235 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,003 | €9,308 | +€4,305 | +86.0% |
| Other operating charges | 640/8 | €17,314 | €14,245 | -€3,069 | -17.7% |
| Non-recurring operating charges | 66A | €16,386 | - | -€16,386 | |
| Gross operating margin | 9900 | €234,083 | €229,790 | -€4,293 | -1.8% |
| Operating profit (loss) | 9901 | €23,325 | €9,947 | -€13,378 | -57.4% |
| Financial income | 75/76B | €514 | €2,517 | +€2,003 | +389.4% |
| Recurring financial income | 75 | €514 | €2,517 | +€2,003 | +389.4% |
| Financial charges | 65/66B | €346 | €6,179 | +€5,834 | +1688.1% |
| Recurring financial charges | 65 | €346 | €1,499 | +€1,154 | +333.8% |
| Non-recurring financial charges | 66B | - | €4,680 | +€4,680 | |
| Profit (loss) for the period before taxes | 9903 | €23,494 | €6,285 | -€17,209 | -73.2% |
| Income taxes | 67/77 | €7,748 | €3,918 | -€3,830 | -49.4% |
| Profit (loss) for the period | 9904 | €15,746 | €2,367 | -€13,379 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,746 | €2,367 | -€13,379 | -85.0% |
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 10 October 2026 via checked.be.