BRAEKEN BEHEER: 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.
BRAEKEN BEHEER
Largest movements
- Cash -€423,887
down €423,887 (-99.2%), from €427,221 to €3,334
mainly Receivables within one year (-€272,082) and Current investments (-€142,592)
- Receivables within one year +€272,082
up €272,082 (+39.9%), from €681,507 to €953,589
- Current investments +€142,592
up €142,592 (+60.6%), from €235,253 to €377,846
- Other debts -€17,738
down €17,738 (-4.7%), from €380,765 to €363,026
- Gross operating margin +€10,801
up €10,801 (+9.5%), from €113,925 to €124,726
- Taxes +€3,759
up €3,759 (+186%), from €2,022 to €5,781
- Financial charges -€3,462
down €3,462 (-12.1%), from €28,592 to €25,130
- Financial income +€1,669
up €1,669 (+8.2%), from €20,474 to €22,143
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 | €1,594,677 | €1,587,150 | -€7,527 | -0.5% |
| Fixed assets | 21/28 | €247,894 | €247,894 | = | 0.0% |
| Financial fixed assets | 28 | €247,894 | €247,894 | = | 0.0% |
| Current assets | 29/58 | €1,346,784 | €1,339,257 | -€7,527 | -0.6% |
| Amounts receivable within one year | 40/41 | €681,507 | €953,589 | +€272,082 | +39.9% |
| Other amounts receivable | 41 | €681,507 | €953,589 | +€272,082 | +39.9% |
| Current investments | 50/53 | €235,253 | €377,846 | +€142,592 | +60.6% |
| Cash at bank and in hand | 54/58 | €427,221 | €3,334 | -€423,887 | -99.2% |
| Deferred charges and accrued income | 490/1 | €2,803 | €4,488 | +€1,685 | +60.1% |
| Total equity and liabilities | 10/49 | €1,594,677 | €1,587,150 | -€7,527 | -0.5% |
| Equity | 10/15 | €1,176,442 | €1,191,820 | +€15,378 | +1.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,114,442 | €1,129,820 | +€15,378 | +1.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,108,242 | €1,123,620 | +€15,378 | +1.4% |
| Amounts payable | 17/49 | €418,236 | €395,330 | -€22,906 | -5.5% |
| Amounts payable within one year | 42/48 | €418,236 | €395,330 | -€22,906 | -5.5% |
| Trade debts | 44 | €1,601 | €1,958 | +€357 | +22.3% |
| Suppliers | 440/4 | €1,601 | €1,958 | +€357 | +22.3% |
| Taxes, remuneration and social security | 45 | €35,871 | €30,346 | -€5,525 | -15.4% |
| Taxes | 450/3 | €16,462 | €11,949 | -€4,512 | -27.4% |
| Remuneration and social security | 454/9 | €19,409 | €18,397 | -€1,012 | -5.2% |
| Other amounts payable | 47/48 | €380,765 | €363,026 | -€17,738 | -4.7% |
| Remuneration, social security and pensions | 62 | €99,022 | €99,927 | +€905 | +0.9% |
| Other operating charges | 640/8 | €197 | €653 | +€456 | +231% |
| Gross operating margin | 9900 | €113,925 | €124,726 | +€10,801 | +9.5% |
| Operating profit (loss) | 9901 | €14,706 | €24,146 | +€9,440 | +64.2% |
| Financial income | 75/76B | €20,474 | €22,143 | +€1,669 | +8.2% |
| Recurring financial income | 75 | €20,474 | €22,143 | +€1,669 | +8.2% |
| Financial charges | 65/66B | €28,592 | €25,130 | -€3,462 | -12.1% |
| Recurring financial charges | 65 | €28,592 | €25,130 | -€3,462 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €6,588 | €21,159 | +€14,571 | +221% |
| Income taxes | 67/77 | €2,022 | €5,781 | +€3,759 | +186% |
| Profit (loss) for the period | 9904 | €4,567 | €15,378 | +€10,812 | +237% |
| Profit (loss) for the period to be appropriated | 9905 | €4,567 | €15,378 | +€10,812 | +237% |
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 28 October 2026 via checked.be.