Bradt Services: what changed
Two fiscal 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.
Bradt Services
Largest movements
- Receivables within one year +€28,323
up €28,323 (+1983.6%), from €1,428 to €29,750
of which Other amounts receivable: +€16,450
- Current investments +€16,100
up €16,100 (+162.8%), from €9,890 to €25,990
- Tangible fixed assets -€8,460
down €8,460 (-29.9%), from €28,295 to €19,835
of which Furniture and vehicles: -€7,154
- Cash -€4,284
down €4,284 (-25.1%), from €17,037 to €12,753
mainly Receivables within one year (-€28,323) and Current investments (-€16,100)
- Reserves +€29,704
up €29,704 (+93.4%), from €31,789 to €61,493
- Tax, wage and social debts +€14,106
up €14,106 (+443.7%), from €3,179 to €17,285
- Debts after one year -€4,974
down €4,974 (-79.8%), from €6,232 to €1,257
- Current portion of long-term debt -€2,263
down €2,263 (-31.3%), from €7,237 to €4,974
- Trade debts -€1,812
down €1,812 (-21.9%), from €8,282 to €6,470
- Gross operating margin +€33,404
up €33,404 (+143.4%), from €23,295 to €56,699
- Taxes +€13,125
up €13,125 (+401.0%), from €3,273 to €16,398
- Depreciation -€3,248
down €3,248 (-27.7%), from €11,708 to €8,460
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 | €79,195 | €112,114 | +€32,920 | +41.6% |
| Fixed assets | 21/28 | €28,295 | €19,835 | -€8,460 | -29.9% |
| Tangible fixed assets | 22/27 | €28,295 | €19,835 | -€8,460 | -29.9% |
| Land and buildings | 22 | €14,127 | €13,137 | -€990 | -7.0% |
| Plant, machinery and equipment | 23 | €1,286 | €969 | -€317 | -24.6% |
| Furniture and vehicles | 24 | €12,882 | €5,729 | -€7,154 | -55.5% |
| Current assets | 29/58 | €50,900 | €92,280 | +€41,380 | +81.3% |
| Amounts receivable after more than one year | 29 | €21,884 | €22,684 | +€800 | +3.7% |
| Trade receivables | 290 | €21,884 | - | -€21,884 | |
| Other amounts receivable | 291 | - | €22,684 | +€22,684 | |
| Amounts receivable within one year | 40/41 | €1,428 | €29,750 | +€28,323 | +1983.6% |
| Trade receivables | 40 | €1,233 | €13,106 | +€11,873 | +963.2% |
| Other amounts receivable | 41 | €195 | €16,645 | +€16,450 | +8427.5% |
| Current investments | 50/53 | €9,890 | €25,990 | +€16,100 | +162.8% |
| Cash at bank and in hand | 54/58 | €17,037 | €12,753 | -€4,284 | -25.1% |
| Deferred charges and accrued income | 490/1 | €662 | €1,103 | +€442 | +66.8% |
| Total equity and liabilities | 10/49 | €79,195 | €112,114 | +€32,920 | +41.6% |
| Equity | 10/15 | €50,389 | €80,093 | +€29,704 | +58.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,789 | €61,493 | +€29,704 | +93.4% |
| Distributable reserves | 133 | €31,789 | €61,493 | +€29,704 | +93.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €28,806 | €32,021 | +€3,215 | +11.2% |
| Amounts payable after more than one year | 17 | €6,232 | €1,257 | -€4,974 | -79.8% |
| Financial debts | 170/4 | €6,232 | €1,257 | -€4,974 | -79.8% |
| Amounts payable within one year | 42/48 | €19,820 | €28,730 | +€8,911 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | €7,237 | €4,974 | -€2,263 | -31.3% |
| Financial debts | 43 | €262 | €0 | -€262 | -100.0% |
| Credit institutions | 430/8 | €262 | €0 | -€262 | -100.0% |
| Trade debts | 44 | €8,282 | €6,470 | -€1,812 | -21.9% |
| Suppliers | 440/4 | €8,282 | €6,470 | -€1,812 | -21.9% |
| Taxes, remuneration and social security | 45 | €3,179 | €17,285 | +€14,106 | +443.7% |
| Taxes | 450/3 | €3,179 | €17,285 | +€14,106 | +443.7% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,755 | €2,034 | -€721 | -26.2% |
| Remuneration, social security and pensions | 62 | - | €538 | +€538 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,708 | €8,460 | -€3,248 | -27.7% |
| Other operating charges | 640/8 | €1,220 | €1,078 | -€143 | -11.7% |
| Gross operating margin | 9900 | €23,295 | €56,699 | +€33,404 | +143.4% |
| Operating profit (loss) | 9901 | €10,366 | €46,623 | +€36,257 | +349.8% |
| Financial income | 75/76B | €21 | €27 | +€5 | +25.9% |
| Recurring financial income | 75 | €21 | €27 | +€5 | +25.9% |
| Financial charges | 65/66B | €663 | €548 | -€115 | -17.4% |
| Recurring financial charges | 65 | €663 | €548 | -€115 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €9,724 | €46,102 | +€36,378 | +374.1% |
| Income taxes | 67/77 | €3,273 | €16,398 | +€13,125 | +401.0% |
| Profit (loss) for the period | 9904 | €6,452 | €29,704 | +€23,253 | +360.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,452 | €29,704 | +€23,253 | +360.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.