BRAEM ENGINEERING & INFORMATICS: 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.
BRAEM ENGINEERING & INFORMATICS
Largest movements
- Cash +€32,960
up €32,960 (+87.8%), from €37,542 to €70,503
mainly Receivables within one year (+€19,332) and Net result for the year (+€16,937)
- Receivables within one year -€19,332
down €19,332 (-14.0%), from €137,745 to €118,413
of which Trade receivables: -€14,770
- Receivables after one year +€7,922
up €7,922 (+2.8%), from €282,277 to €290,199
- Reserves +€16,937
up €16,937 (+4.4%), from €387,263 to €404,200
- Gross operating margin -€2,521
down €2,521 (-9.3%), from €27,245 to €24,724
- Depreciation -€1,923
down €1,923 (-22.5%), from €8,552 to €6,629
- Financial income +€626
up €626 (+8.1%), from €7,760 to €8,386
- Taxes -€401
down €401 (-5.6%), from €7,146 to €6,745
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 | €501,752 | €518,717 | +€16,965 | +3.4% |
| Fixed assets | 21/28 | €36,338 | €32,764 | -€3,575 | -9.8% |
| Tangible fixed assets | 22/27 | €36,338 | €32,764 | -€3,575 | -9.8% |
| Land and buildings | 22 | €36,120 | €30,183 | -€5,937 | -16.4% |
| Plant, machinery and equipment | 23 | €218 | €2,581 | +€2,362 | +1082.0% |
| Current assets | 29/58 | €465,414 | €485,954 | +€20,540 | +4.4% |
| Amounts receivable after more than one year | 29 | €282,277 | €290,199 | +€7,922 | +2.8% |
| Other amounts receivable | 291 | €282,277 | €290,199 | +€7,922 | +2.8% |
| Amounts receivable within one year | 40/41 | €137,745 | €118,413 | -€19,332 | -14.0% |
| Trade receivables | 40 | €133,095 | €118,325 | -€14,770 | -11.1% |
| Other amounts receivable | 41 | €4,650 | €88 | -€4,562 | -98.1% |
| Cash at bank and in hand | 54/58 | €37,542 | €70,503 | +€32,960 | +87.8% |
| Deferred charges and accrued income | 490/1 | €7,850 | €6,839 | -€1,010 | -12.9% |
| Total equity and liabilities | 10/49 | €501,752 | €518,717 | +€16,965 | +3.4% |
| Equity | 10/15 | €477,062 | €493,999 | +€16,937 | +3.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €387,263 | €404,200 | +€16,937 | +4.4% |
| Distributable reserves | 133 | €387,263 | €404,200 | +€16,937 | +4.4% |
| Profit (loss) carried forward | 14 | €64,798 | €64,798 | = | 0.0% |
| Amounts payable | 17/49 | €24,690 | €24,719 | +€28 | +0.1% |
| Amounts payable within one year | 42/48 | €24,690 | €24,719 | +€28 | +0.1% |
| Trade debts | 44 | €12,396 | €15,477 | +€3,082 | +24.9% |
| Suppliers | 440/4 | €12,396 | €15,477 | +€3,082 | +24.9% |
| Taxes, remuneration and social security | 45 | €12,294 | €9,241 | -€3,053 | -24.8% |
| Taxes | 450/3 | €8,873 | €9,241 | +€368 | +4.2% |
| Remuneration and social security | 454/9 | €3,422 | - | -€3,422 | |
| Non-recurring operating income | 76A | €3,072 | - | -€3,072 | |
| Remuneration, social security and pensions | 62 | -€133 | - | +€133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,552 | €6,629 | -€1,923 | -22.5% |
| Other operating charges | 640/8 | €2,516 | €2,710 | +€194 | +7.7% |
| Gross operating margin | 9900 | €27,245 | €24,724 | -€2,521 | -9.3% |
| Operating profit (loss) | 9901 | €16,310 | €15,384 | -€925 | -5.7% |
| Financial income | 75/76B | €7,760 | €8,386 | +€626 | +8.1% |
| Recurring financial income | 75 | €7,760 | €8,386 | +€626 | +8.1% |
| Financial charges | 65/66B | €170 | €89 | -€81 | -47.9% |
| Recurring financial charges | 65 | €170 | €89 | -€81 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €23,900 | €23,682 | -€218 | -0.9% |
| Income taxes | 67/77 | €7,146 | €6,745 | -€401 | -5.6% |
| Profit (loss) for the period | 9904 | €16,754 | €16,937 | +€183 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,754 | €16,937 | +€183 | +1.1% |
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.