BRAEVEST: 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.
BRAEVEST
Largest movements
- Cash +€1,726
up €1,726 (+2.8%), from €62,130 to €63,856
mainly Net result for the year (+€14,377) and Trade debts (+€463)
- Profit (loss) carried forward +€14,377
up €14,377 (+70.7%), from -€20,344 to -€5,968
- Other debts -€7,624
down €7,624 (-13.3%), from €57,328 to €49,704
- Tax, wage and social debts -€5,901
down €5,901 (-99.6%), from €5,922 to €21
- Gross operating margin +€12,803
up €12,803, from -€846 to €11,957
- Taxes -€10,316
down €10,316, from €5,342 to -€4,974
- Depreciation -€317
down €317 (-43.6%), from €728 to €410
- Other operating charges +€148
up €148 (+7.0%), from €2,129 to €2,277
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 | €77,767 | €79,083 | +€1,315 | +1.7% |
| Fixed assets | 21/28 | €15,637 | €15,226 | -€410 | -2.6% |
| Tangible fixed assets | 22/27 | €15,624 | €15,213 | -€410 | -2.6% |
| Land and buildings | 22 | €15,213 | €15,213 | = | 0.0% |
| Furniture and vehicles | 24 | €410 | - | -€410 | |
| Financial fixed assets | 28 | €13 | €13 | = | 0.0% |
| Current assets | 29/58 | €62,130 | €63,856 | +€1,726 | +2.8% |
| Cash at bank and in hand | 54/58 | €62,130 | €63,856 | +€1,726 | +2.8% |
| Total equity and liabilities | 10/49 | €77,767 | €79,083 | +€1,315 | +1.7% |
| Equity | 10/15 | €11,516 | €25,892 | +€14,377 | +124.8% |
| Contributions | 10/11 | €31,860 | €31,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,344 | -€5,968 | +€14,377 | +70.7% |
| Amounts payable | 17/49 | €66,252 | €53,190 | -€13,061 | -19.7% |
| Amounts payable within one year | 42/48 | €66,252 | €53,190 | -€13,061 | -19.7% |
| Trade debts | 44 | €3,002 | €3,466 | +€463 | +15.4% |
| Suppliers | 440/4 | €3,002 | €3,466 | +€463 | +15.4% |
| Taxes, remuneration and social security | 45 | €5,922 | €21 | -€5,901 | -99.6% |
| Taxes | 450/3 | €5,922 | €21 | -€5,901 | -99.6% |
| Other amounts payable | 47/48 | €57,328 | €49,704 | -€7,624 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728 | €410 | -€317 | -43.6% |
| Other operating charges | 640/8 | €2,129 | €2,277 | +€148 | +7.0% |
| Gross operating margin | 9900 | -€846 | €11,957 | +€12,803 | |
| Operating profit (loss) | 9901 | -€3,703 | €9,269 | +€12,972 | |
| Financial income | 75/76B | €211 | €211 | +€1 | +0.4% |
| Recurring financial income | 75 | €211 | €211 | +€1 | +0.4% |
| Financial charges | 65/66B | €81 | €78 | -€2 | -3.0% |
| Recurring financial charges | 65 | €81 | €78 | -€2 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,573 | €9,402 | +€12,975 | |
| Income taxes | 67/77 | €5,342 | -€4,974 | -€10,316 | |
| Profit (loss) for the period | 9904 | -€8,914 | €14,377 | +€23,291 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,914 | €14,377 | +€23,291 |
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 1 October 2026 via checked.be.