BRADIE: 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.
BRADIE
Largest movements
- Cash -€209,020
down €209,020 (-71.2%), from €293,456 to €84,436
mainly Contributions, distributions and other (-€515,000) and Current investments (-€202,312)
- Current investments +€202,312
new in 2025: €202,312
- Receivables within one year +€17,150
up €17,150 (+61.0%), from €28,093 to €45,243
of which Trade receivables: +€13,688
- Other debts +€292,938
up €292,938 (+7742.0%), from €3,784 to €296,722
- Reserves -€249,733
down €249,733 (-96.9%), from €257,635 to €7,902
- Tax, wage and social debts -€38,937
down €38,937 (-66.9%), from €58,196 to €19,259
of which Taxes: -€38,944
- Accrued charges and deferred income +€5,025
up €5,025 (+531.8%), from €945 to €5,970
- Gross operating margin +€186,951
up €186,951 (+107.2%), from €174,357 to €361,307
- Taxes +€52,269
up €52,269 (+133.1%), from €39,269 to €91,538
- Financial charges +€4,834
up €4,834 (+1737.7%), from €278 to €5,112
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 | €324,341 | €334,517 | +€10,175 | +3.1% |
| Fixed assets | 21/28 | €2,314 | €1,227 | -€1,087 | -47.0% |
| Tangible fixed assets | 22/27 | €2,314 | €1,227 | -€1,087 | -47.0% |
| Furniture and vehicles | 24 | €2,314 | €1,227 | -€1,087 | -47.0% |
| Current assets | 29/58 | €322,027 | €333,290 | +€11,263 | +3.5% |
| Amounts receivable within one year | 40/41 | €28,093 | €45,243 | +€17,150 | +61.0% |
| Trade receivables | 40 | €28,093 | €41,781 | +€13,688 | +48.7% |
| Other amounts receivable | 41 | - | €3,462 | +€3,462 | |
| Current investments | 50/53 | - | €202,312 | +€202,312 | |
| Cash at bank and in hand | 54/58 | €293,456 | €84,436 | -€209,020 | -71.2% |
| Deferred charges and accrued income | 490/1 | €478 | €1,299 | +€821 | +171.8% |
| Total equity and liabilities | 10/49 | €324,341 | €334,517 | +€10,175 | +3.1% |
| Equity | 10/15 | €260,635 | €10,902 | -€249,733 | -95.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €257,635 | €7,902 | -€249,733 | -96.9% |
| Distributable reserves | 133 | €257,635 | €7,902 | -€249,733 | -96.9% |
| Amounts payable | 17/49 | €63,706 | €323,615 | +€259,909 | +408.0% |
| Amounts payable within one year | 42/48 | €62,761 | €317,645 | +€254,884 | +406.1% |
| Trade debts | 44 | €781 | €1,664 | +€882 | +112.9% |
| Suppliers | 440/4 | €781 | €1,664 | +€882 | +112.9% |
| Taxes, remuneration and social security | 45 | €58,196 | €19,259 | -€38,937 | -66.9% |
| Taxes | 450/3 | €53,213 | €14,270 | -€38,944 | -73.2% |
| Remuneration and social security | 454/9 | €4,983 | €4,990 | +€7 | +0.1% |
| Other amounts payable | 47/48 | €3,784 | €296,722 | +€292,938 | +7742.0% |
| Accrued charges and deferred income | 492/3 | €945 | €5,970 | +€5,025 | +531.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €1,087 | +€188 | +20.9% |
| Other operating charges | 640/8 | €2,434 | €802 | -€1,632 | -67.0% |
| Gross operating margin | 9900 | €174,357 | €361,307 | +€186,951 | +107.2% |
| Operating profit (loss) | 9901 | €171,023 | €359,418 | +€188,395 | +110.2% |
| Financial income | 75/76B | - | €2,499 | +€2,499 | |
| Recurring financial income | 75 | - | €2,499 | +€2,499 | |
| Financial charges | 65/66B | €278 | €5,112 | +€4,834 | +1737.7% |
| Recurring financial charges | 65 | €278 | €5,112 | +€4,834 | +1737.7% |
| Profit (loss) for the period before taxes | 9903 | €170,745 | €356,805 | +€186,060 | +109.0% |
| Income taxes | 67/77 | €39,269 | €91,538 | +€52,269 | +133.1% |
| Profit (loss) for the period | 9904 | €131,476 | €265,267 | +€133,791 | +101.8% |
| Profit (loss) for the period to be appropriated | 9905 | €131,476 | €265,267 | +€133,791 | +101.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.