BRAETLAND: 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.
BRAETLAND
Largest movements
- Tangible fixed assets -€11,842
down €11,842 (-2.2%), from €542,820 to €530,977
of which Land and buildings: -€6,196
- Cash +€7,300
up €7,300 (+407%), from €1,792 to €9,092
mainly Net result for the year (+€29,823) and Depreciation (+€19,389)
- Debts after one year -€29,886
down €29,886 (-7.0%), from €425,555 to €395,669
of which Financial debts: -€37,291
- Reserves +€29,823
up €29,823 (+69.4%), from €42,961 to €72,784
- Other debts -€14,946
down €14,946 (-97.4%), from €15,339 to €393
- Tax, wage and social debts +€5,949
up €5,949 (+28.8%), from €20,656 to €26,605
- Gross operating margin +€4,639
up €4,639 (+6.1%), from €76,608 to €81,247
- Other operating charges -€3,146
down €3,146 (-50.3%), from €6,256 to €3,109
- Depreciation +€1,664
up €1,664 (+9.4%), from €17,724 to €19,389
- Taxes +€1,056
up €1,056 (+9.0%), from €11,742 to €12,798
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 | €549,393 | €543,842 | -€5,550 | -1.0% |
| Fixed assets | 21/28 | €542,820 | €530,977 | -€11,842 | -2.2% |
| Tangible fixed assets | 22/27 | €542,820 | €530,977 | -€11,842 | -2.2% |
| Land and buildings | 22 | €504,709 | €498,513 | -€6,196 | -1.2% |
| Plant, machinery and equipment | 23 | €7,750 | €5,459 | -€2,291 | -29.6% |
| Furniture and vehicles | 24 | €30,361 | €27,005 | -€3,356 | -11.1% |
| Current assets | 29/58 | €6,573 | €12,865 | +€6,292 | +95.7% |
| Amounts receivable within one year | 40/41 | €3,811 | €3,110 | -€702 | -18.4% |
| Trade receivables | 40 | €51 | €3,110 | +€3,059 | +6,039% |
| Other amounts receivable | 41 | €3,761 | €0 | -€3,761 | -100% |
| Cash at bank and in hand | 54/58 | €1,792 | €9,092 | +€7,300 | +407% |
| Deferred charges and accrued income | 490/1 | €970 | €663 | -€307 | -31.6% |
| Total equity and liabilities | 10/49 | €549,393 | €543,842 | -€5,550 | -1.0% |
| Equity | 10/15 | €43,147 | €72,970 | +€29,823 | +69.1% |
| Contributions | 10/11 | €186 | €186 | = | 0.0% |
| Reserves | 13 | €42,961 | €72,784 | +€29,823 | +69.4% |
| Distributable reserves | 133 | €42,961 | €72,784 | +€29,823 | +69.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €506,245 | €470,872 | -€35,373 | -7.0% |
| Amounts payable after more than one year | 17 | €425,555 | €395,669 | -€29,886 | -7.0% |
| Financial debts | 170/4 | €420,555 | €383,264 | -€37,291 | -8.9% |
| Other amounts payable | 178/9 | €5,000 | €12,405 | +€7,405 | +148% |
| Amounts payable within one year | 42/48 | €80,683 | €75,203 | -€5,480 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €39,457 | €41,675 | +€2,218 | +5.6% |
| Trade debts | 44 | €5,232 | €6,531 | +€1,299 | +24.8% |
| Suppliers | 440/4 | €5,232 | €6,531 | +€1,299 | +24.8% |
| Taxes, remuneration and social security | 45 | €20,656 | €26,605 | +€5,949 | +28.8% |
| Taxes | 450/3 | €20,656 | €26,605 | +€5,949 | +28.8% |
| Other amounts payable | 47/48 | €15,339 | €393 | -€14,946 | -97.4% |
| Accrued charges and deferred income | 492/3 | €7 | €0 | -€7 | -100% |
| Non-recurring operating income | 76A | €65 | €0 | -€65 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,724 | €19,389 | +€1,664 | +9.4% |
| Other operating charges | 640/8 | €6,256 | €3,109 | -€3,146 | -50.3% |
| Gross operating margin | 9900 | €76,608 | €81,247 | +€4,639 | +6.1% |
| Operating profit (loss) | 9901 | €52,628 | €58,749 | +€6,121 | +11.6% |
| Financial income | 75/76B | €863 | €83 | -€781 | -90.4% |
| Recurring financial income | 75 | €863 | €83 | -€781 | -90.4% |
| Financial charges | 65/66B | €16,818 | €16,211 | -€607 | -3.6% |
| Recurring financial charges | 65 | €16,818 | €16,211 | -€607 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €36,672 | €42,620 | +€5,948 | +16.2% |
| Income taxes | 67/77 | €11,742 | €12,798 | +€1,056 | +9.0% |
| Profit (loss) for the period | 9904 | €24,930 | €29,823 | +€4,892 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,930 | €29,823 | +€4,892 | +19.6% |
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 19 October 2026 via checked.be.