BRAECKMANS ENGINEERING: 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.
BRAECKMANS ENGINEERING
Largest movements
- Tangible fixed assets +€15,446
up €15,446 (+1271.7%), from €1,215 to €16,660
of which Other tangible fixed assets: +€13,336
- Receivables within one year -€8,795
down €8,795 (-40.3%), from €21,798 to €13,003
of which Trade receivables: -€11,710
- Cash -€3,595
down €3,595 (-26.4%), from €13,615 to €10,020
mainly Investment in fixed assets (net) (-€16,383) and Trade debts (-€4,128)
- Financial fixed assets -€906
down €906 (-100.0%), from €906 to €0
- Reserves +€4,297
up €4,297 (+16.7%), from €25,759 to €30,056
- Trade debts -€4,128
down €4,128 (-81.2%), from €5,081 to €953
- Other debts +€2,135
up €2,135 (+281.8%), from €758 to €2,893
- Gross operating margin -€6,468
down €6,468 (-42.0%), from €15,411 to €8,942
- Taxes -€2,167
down €2,167 (-56.1%), from €3,859 to €1,692
- Depreciation +€1,192
up €1,192 (+182.8%), from €652 to €1,844
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 | €39,812 | €41,984 | +€2,172 | +5.5% |
| Fixed assets | 21/28 | €2,121 | €16,660 | +€14,539 | +685.5% |
| Tangible fixed assets | 22/27 | €1,215 | €16,660 | +€15,446 | +1271.7% |
| Furniture and vehicles | 24 | €1,215 | €3,325 | +€2,110 | +173.7% |
| Other tangible fixed assets | 26 | - | €13,336 | +€13,336 | |
| Financial fixed assets | 28 | €906 | €0 | -€906 | -100.0% |
| Current assets | 29/58 | €37,691 | €25,324 | -€12,368 | -32.8% |
| Amounts receivable within one year | 40/41 | €21,798 | €13,003 | -€8,795 | -40.3% |
| Trade receivables | 40 | €21,060 | €9,350 | -€11,710 | -55.6% |
| Other amounts receivable | 41 | €738 | €3,653 | +€2,915 | +395.0% |
| Cash at bank and in hand | 54/58 | €13,615 | €10,020 | -€3,595 | -26.4% |
| Deferred charges and accrued income | 490/1 | €2,278 | €2,301 | +€22 | +1.0% |
| Total equity and liabilities | 10/49 | €39,812 | €41,984 | +€2,172 | +5.5% |
| Equity | 10/15 | €32,759 | €37,056 | +€4,297 | +13.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €25,759 | €30,056 | +€4,297 | +16.7% |
| Distributable reserves | 133 | €25,759 | €30,056 | +€4,297 | +16.7% |
| Amounts payable | 17/49 | €7,053 | €4,928 | -€2,125 | -30.1% |
| Amounts payable within one year | 42/48 | €7,025 | €4,928 | -€2,097 | -29.9% |
| Trade debts | 44 | €5,081 | €953 | -€4,128 | -81.2% |
| Suppliers | 440/4 | €5,081 | €953 | -€4,128 | -81.2% |
| Taxes, remuneration and social security | 45 | €1,187 | €1,082 | -€105 | -8.8% |
| Taxes | 450/3 | €1,187 | €1,082 | -€105 | -8.8% |
| Other amounts payable | 47/48 | €758 | €2,893 | +€2,135 | +281.8% |
| Accrued charges and deferred income | 492/3 | €28 | €0 | -€28 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €652 | €1,844 | +€1,192 | +182.8% |
| Other operating charges | 640/8 | €758 | €899 | +€141 | +18.6% |
| Gross operating margin | 9900 | €15,411 | €8,942 | -€6,468 | -42.0% |
| Operating profit (loss) | 9901 | €14,001 | €6,199 | -€7,801 | -55.7% |
| Financial income | 75/76B | €12 | €1 | -€12 | -95.9% |
| Recurring financial income | 75 | €12 | €1 | -€12 | -95.9% |
| Financial charges | 65/66B | €221 | €211 | -€10 | -4.5% |
| Recurring financial charges | 65 | €221 | €211 | -€10 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €13,792 | €5,989 | -€7,803 | -56.6% |
| Income taxes | 67/77 | €3,859 | €1,692 | -€2,167 | -56.1% |
| Profit (loss) for the period | 9904 | €9,933 | €4,297 | -€5,637 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,933 | €4,297 | -€5,637 | -56.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.