BRADABOIS: 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.
BRADABOIS
Largest movements
- Tangible fixed assets -€85,705
down €85,705 (-13.4%), from €640,901 to €555,196
- Receivables within one year -€39,992
down €39,992 (-13.1%), from €304,802 to €264,810
of which Trade receivables: -€32,750
- Stocks and contracts -€37,405
down €37,405 (-25.7%), from €145,694 to €108,289
- Cash -€13,919
down €13,919 (-99.8%), from €13,949 to €29
mainly Trade debts (-€175,026) and Debts after one year (-€55,500)
- Trade debts -€175,026
down €175,026 (-59.2%), from €295,621 to €120,595
- Debts after one year -€55,500
down €55,500 (-12.3%), from €452,750 to €397,251
- Profit (loss) carried forward +€28,938
up €28,938 (+370%), from €7,819 to €36,757
- Tax, wage and social debts +€20,625
up €20,625 (+59.8%), from €34,464 to €55,089
of which Taxes: +€20,873
- Gross operating margin -€68,852
down €68,852 (-12.6%), from €547,037 to €478,186
- Taxes +€13,113
up €13,113 (+622%), from €2,108 to €15,221
- Staff costs -€12,840
down €12,840 (-3.8%), from €336,020 to €323,180
- Financial charges -€11,235
down €11,235 (-34.6%), from €32,505 to €21,271
of which Financial charges: -€11,235
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 | €1,121,392 | €941,604 | -€179,788 | -16.0% |
| Fixed assets | 21/28 | €641,567 | €555,427 | -€86,140 | -13.4% |
| Tangible fixed assets | 22/27 | €640,901 | €555,196 | -€85,705 | -13.4% |
| Land and buildings | 22 | €249,977 | €234,947 | -€15,030 | -6.0% |
| Plant, machinery and equipment | 23 | €152,127 | €113,844 | -€38,283 | -25.2% |
| Furniture and vehicles | 24 | €238,797 | €206,404 | -€32,392 | -13.6% |
| Financial fixed assets | 28 | €666 | €231 | -€435 | -65.3% |
| Current assets | 29/58 | €479,825 | €386,177 | -€93,648 | -19.5% |
| Stocks and contracts in progress | 3 | €145,694 | €108,289 | -€37,405 | -25.7% |
| Stocks | 30/36 | €145,694 | €108,289 | -€37,405 | -25.7% |
| Amounts receivable within one year | 40/41 | €304,802 | €264,810 | -€39,992 | -13.1% |
| Trade receivables | 40 | €281,262 | €248,512 | -€32,750 | -11.6% |
| Other amounts receivable | 41 | €23,541 | €16,298 | -€7,242 | -30.8% |
| Cash at bank and in hand | 54/58 | €13,949 | €29 | -€13,919 | -99.8% |
| Deferred charges and accrued income | 490/1 | €15,380 | €13,048 | -€2,332 | -15.2% |
| Total equity and liabilities | 10/49 | €1,121,392 | €941,604 | -€179,788 | -16.0% |
| Equity | 10/15 | €211,873 | €239,791 | +€27,918 | +13.2% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €182,076 | €182,076 | = | 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% |
| Distributable reserves | 133 | €180,216 | €180,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,819 | €36,757 | +€28,938 | +370% |
| Investment grants | 15 | €9,178 | €8,158 | -€1,020 | -11.1% |
| Amounts payable | 17/49 | €909,519 | €701,813 | -€207,706 | -22.8% |
| Amounts payable after more than one year | 17 | €452,750 | €397,251 | -€55,500 | -12.3% |
| Financial debts | 170/4 | €452,750 | €397,251 | -€55,500 | -12.3% |
| Amounts payable within one year | 42/48 | €456,768 | €304,562 | -€152,206 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €117,789 | €126,888 | +€9,099 | +7.7% |
| Financial debts | 43 | - | €395 | +€395 | |
| Credit institutions | 430/8 | - | €395 | +€395 | |
| Trade debts | 44 | €295,621 | €120,595 | -€175,026 | -59.2% |
| Suppliers | 440/4 | €295,621 | €120,595 | -€175,026 | -59.2% |
| Taxes, remuneration and social security | 45 | €34,464 | €55,089 | +€20,625 | +59.8% |
| Taxes | 450/3 | €0 | €20,873 | +€20,873 | |
| Remuneration and social security | 454/9 | €34,464 | €34,216 | -€248 | -0.7% |
| Other amounts payable | 47/48 | €8,894 | €1,595 | -€7,299 | -82.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €336,020 | €323,180 | -€12,840 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,472 | €87,406 | -€5,066 | -5.5% |
| Other operating charges | 640/8 | €4,435 | €4,354 | -€81 | -1.8% |
| Non-recurring operating charges | 66A | €71,262 | - | -€71,262 | |
| Gross operating margin | 9900 | €547,037 | €478,186 | -€68,852 | -12.6% |
| Operating profit (loss) | 9901 | €42,849 | €63,246 | +€20,397 | +47.6% |
| Financial income | 75/76B | €1,046 | €2,183 | +€1,138 | +109% |
| Recurring financial income | 75 | €1,046 | €2,183 | +€1,138 | +109% |
| Financial charges | 65/66B | €32,505 | €21,271 | -€11,235 | -34.6% |
| Recurring financial charges | 65 | €32,505 | €21,271 | -€11,235 | -34.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €11,389 | €44,158 | +€32,769 | +288% |
| Income taxes | 67/77 | €2,108 | €15,221 | +€13,113 | +622% |
| Profit (loss) for the period | 9904 | €9,281 | €28,938 | +€19,657 | +212% |
| Profit (loss) for the period to be appropriated | 9905 | €9,281 | €28,938 | +€19,657 | +212% |
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 26 October 2026 via checked.be.