BRADIAS: 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.
BRADIAS
Largest movements
- Receivables within one year +€23,964
new in 2025: €23,964
- Cash -€7,509
down €7,509 (-14.2%), from €52,962 to €45,453
mainly Receivables within one year (-€23,964) and Trade debts (-€20,993)
- Deferred charges and accrued income +€1,282
new in 2025: €1,282
- Stocks and contracts -€1,200
down €1,200 (-22.9%), from €5,240 to €4,040
- Profit (loss) carried forward +€32,125
up €32,125 (+33.8%), from -€95,114 to -€62,989
- Trade debts -€20,993
down €20,993 (-68.9%), from €30,476 to €9,483
- Tax, wage and social debts +€6,215
up €6,215 (+5.8%), from €106,318 to €112,533
of which Remuneration and social security: +€5,199
- Other debts -€1,650
down €1,650 (-7.6%), from €21,652 to €20,002
- Gross operating margin +€27,291
up €27,291 (+11.2%), from €244,422 to €271,712
- Other operating charges +€15,682
up €15,682 (+5,377%), from €292 to €15,974
- Staff costs -€7,385
down €7,385 (-3.3%), from €221,062 to €213,676
- Financial charges -€7,013
down €7,013 (-63.8%), from €11,000 to €3,987
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 | €83,331 | €99,028 | +€15,697 | +18.8% |
| Fixed assets | 21/28 | €25,129 | €24,289 | -€840 | -3.3% |
| Tangible fixed assets | 22/27 | €13,129 | €12,289 | -€840 | -6.4% |
| Plant, machinery and equipment | 23 | €3,190 | €3,298 | +€108 | +3.4% |
| Furniture and vehicles | 24 | €1,376 | €2,334 | +€958 | +69.6% |
| Other tangible fixed assets | 26 | €8,564 | €6,657 | -€1,907 | -22.3% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €58,202 | €74,740 | +€16,538 | +28.4% |
| Stocks and contracts in progress | 3 | €5,240 | €4,040 | -€1,200 | -22.9% |
| Stocks | 30/36 | €5,240 | €4,040 | -€1,200 | -22.9% |
| Amounts receivable within one year | 40/41 | - | €23,964 | +€23,964 | |
| Other amounts receivable | 41 | - | €23,964 | +€23,964 | |
| Cash at bank and in hand | 54/58 | €52,962 | €45,453 | -€7,509 | -14.2% |
| Deferred charges and accrued income | 490/1 | - | €1,282 | +€1,282 | |
| Total equity and liabilities | 10/49 | €83,331 | €99,028 | +€15,697 | +18.8% |
| Equity | 10/15 | -€75,114 | -€42,989 | +€32,125 | +42.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,114 | -€62,989 | +€32,125 | +33.8% |
| Amounts payable | 17/49 | €158,445 | €142,017 | -€16,428 | -10.4% |
| Amounts payable within one year | 42/48 | €158,445 | €142,017 | -€16,428 | -10.4% |
| Trade debts | 44 | €30,476 | €9,483 | -€20,993 | -68.9% |
| Suppliers | 440/4 | €30,476 | €9,483 | -€20,993 | -68.9% |
| Taxes, remuneration and social security | 45 | €106,318 | €112,533 | +€6,215 | +5.8% |
| Taxes | 450/3 | €9,807 | €10,824 | +€1,017 | +10.4% |
| Remuneration and social security | 454/9 | €96,510 | €101,709 | +€5,199 | +5.4% |
| Other amounts payable | 47/48 | €21,652 | €20,002 | -€1,650 | -7.6% |
| Remuneration, social security and pensions | 62 | €221,062 | €213,676 | -€7,385 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,602 | €7,089 | +€1,487 | +26.5% |
| Other operating charges | 640/8 | €292 | €15,974 | +€15,682 | +5,377% |
| Gross operating margin | 9900 | €244,422 | €271,712 | +€27,291 | +11.2% |
| Operating profit (loss) | 9901 | €17,466 | €34,974 | +€17,507 | +100% |
| Financial income | 75/76B | - | €1,280 | +€1,280 | |
| Recurring financial income | 75 | - | €1,280 | +€1,280 | |
| Financial charges | 65/66B | €11,000 | €3,987 | -€7,013 | -63.8% |
| Recurring financial charges | 65 | €11,000 | €3,987 | -€7,013 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €6,466 | €32,266 | +€25,800 | +399% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | €6,466 | €32,125 | +€25,659 | +397% |
| Profit (loss) for the period to be appropriated | 9905 | €6,466 | €32,125 | +€25,659 | +397% |
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 13 October 2026 via checked.be.