BRAEMS MENEN: 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.
BRAEMS MENEN
Largest movements
- Receivables within one year -€35,566
down €35,566 (-80.3%), from €44,298 to €8,731
of which Trade receivables: -€34,916
- Cash +€1,154
up €1,154 (+96.7%), from €1,193 to €2,348
mainly Receivables within one year (+€35,566) and Trade debts (+€1,428)
- Profit (loss) carried forward -€36,640
down €36,640 (-175%), from -€20,975 to -€57,616
- Trade debts +€1,428
up €1,428 (+254%), from €562 to €1,991
- Write-downs +€33,076
new in 2023: €33,076
- Purchases and services +€11,063
new in 2023: €11,063
- Gross operating margin -€1,721
down €1,721, from €618 to -€1,103
- Other operating charges +€577
up €577 (+31.3%), from €1,846 to €2,423
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,070 | €60,658 | -€34,412 | -36.2% |
| Fixed assets | 21/28 | €49,579 | €49,579 | = | 0.0% |
| Financial fixed assets | 28 | €49,579 | €49,579 | = | 0.0% |
| Current assets | 29/58 | €45,491 | €11,079 | -€34,412 | -75.6% |
| Amounts receivable within one year | 40/41 | €44,298 | €8,731 | -€35,566 | -80.3% |
| Trade receivables | 40 | €43,470 | €8,555 | -€34,916 | -80.3% |
| Other amounts receivable | 41 | €827 | €177 | -€651 | -78.7% |
| Cash at bank and in hand | 54/58 | €1,193 | €2,348 | +€1,154 | +96.7% |
| Total equity and liabilities | 10/49 | €95,070 | €60,658 | -€34,412 | -36.2% |
| Equity | 10/15 | €40,998 | €4,358 | -€36,640 | -89.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Contributions outside capital | 11 | €61,973 | €61,973 | = | 0.0% |
| Share premium | 1100/10 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,975 | -€57,616 | -€36,640 | -175% |
| Amounts payable | 17/49 | €54,072 | €56,300 | +€2,228 | +4.1% |
| Amounts payable within one year | 42/48 | €54,072 | €56,300 | +€2,228 | +4.1% |
| Trade debts | 44 | €562 | €1,991 | +€1,428 | +254% |
| Suppliers | 440/4 | €562 | €1,991 | +€1,428 | +254% |
| Other amounts payable | 47/48 | €53,509 | €54,309 | +€800 | +1.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,063 | +€11,063 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,076 | +€33,076 | |
| Other operating charges | 640/8 | €1,846 | €2,423 | +€577 | +31.3% |
| Gross operating margin | 9900 | €618 | -€1,103 | -€1,721 | |
| Operating profit (loss) | 9901 | -€1,228 | -€36,601 | -€35,374 | -2,881% |
| Financial charges | 65/66B | €41 | €39 | -€2 | -4.4% |
| Recurring financial charges | 65 | €41 | €39 | -€2 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,269 | -€36,640 | -€35,372 | -2,788% |
| Profit (loss) for the period | 9904 | -€1,269 | -€36,640 | -€35,372 | -2,788% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,269 | -€36,640 | -€35,372 | -2,788% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.