BRAHMI: 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.
BRAHMI
Largest movements
- Tangible fixed assets +€74,072
up €74,072 (+419%), from €17,683 to €91,756
of which Furniture and vehicles: +€70,000
- Receivables within one year +€30,601
up €30,601 (+51.9%), from €58,986 to €89,587
of which Other amounts receivable: +€41,385
- Cash +€20,422
up €20,422 (+60.4%), from €33,784 to €54,207
mainly Trade debts (+€61,747) and Advances received (+€37,009)
- Trade debts +€61,747
up €61,747 (+20,094%), from €307 to €62,055
- Advances received +€37,009
new in 2024: €37,009
- Short-term financial debts +€33,050
new in 2024: €33,050
- Profit (loss) carried forward +€29,121
up €29,121 (+50.4%), from €57,727 to €86,848
- Other debts -€25,789
no longer reported in 2024 (was €25,789)
- Gross operating margin -€26,342
down €26,342 (-33.9%), from €77,620 to €51,278
- Staff costs -€10,693
down €10,693 (-38.8%), from €27,532 to €16,839
- Taxes -€10,475
no longer reported in 2024 (was €10,475)
- Depreciation -€6,710
no longer reported in 2024 (was €6,710)
- Financial income +€4,816
up €4,816 (+678,317%), from €1 to €4,817
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,707 | €235,549 | +€123,842 | +111% |
| Fixed assets | 21/28 | €17,683 | €91,756 | +€74,072 | +419% |
| Tangible fixed assets | 22/27 | €17,683 | €91,756 | +€74,072 | +419% |
| Plant, machinery and equipment | 23 | €5,838 | €9,911 | +€4,072 | +69.8% |
| Furniture and vehicles | 24 | €11,845 | €81,845 | +€70,000 | +591% |
| Current assets | 29/58 | €94,024 | €143,793 | +€49,769 | +52.9% |
| Amounts receivable within one year | 40/41 | €58,986 | €89,587 | +€30,601 | +51.9% |
| Trade receivables | 40 | €17,949 | €7,165 | -€10,784 | -60.1% |
| Other amounts receivable | 41 | €41,037 | €82,422 | +€41,385 | +101% |
| Cash at bank and in hand | 54/58 | €33,784 | €54,207 | +€20,422 | +60.4% |
| Deferred charges and accrued income | 490/1 | €1,253 | - | -€1,253 | |
| Total equity and liabilities | 10/49 | €111,707 | €235,549 | +€123,842 | +111% |
| Equity | 10/15 | €59,183 | €88,304 | +€29,121 | +49.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €456 | €456 | = | 0.0% |
| Distributable reserves | 133 | €456 | €456 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,727 | €86,848 | +€29,121 | +50.4% |
| Amounts payable | 17/49 | €52,524 | €147,244 | +€94,720 | +180% |
| Amounts payable within one year | 42/48 | €52,190 | €147,244 | +€95,054 | +182% |
| Financial debts | 43 | - | €33,050 | +€33,050 | |
| Credit institutions | 430/8 | - | €33,050 | +€33,050 | |
| Trade debts | 44 | €307 | €62,055 | +€61,747 | +20,094% |
| Suppliers | 440/4 | €307 | €62,055 | +€61,747 | +20,094% |
| Advances received on contracts in progress | 46 | - | €37,009 | +€37,009 | |
| Taxes, remuneration and social security | 45 | €26,094 | €15,131 | -€10,963 | -42.0% |
| Taxes | 450/3 | €26,094 | €15,131 | -€10,963 | -42.0% |
| Other amounts payable | 47/48 | €25,789 | - | -€25,789 | |
| Accrued charges and deferred income | 492/3 | €334 | - | -€334 | |
| Remuneration, social security and pensions | 62 | €27,532 | €16,839 | -€10,693 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,710 | - | -€6,710 | |
| Other operating charges | 640/8 | €2,353 | €5,060 | +€2,707 | +115% |
| Gross operating margin | 9900 | €77,620 | €51,278 | -€26,342 | -33.9% |
| Operating profit (loss) | 9901 | €41,025 | €29,380 | -€11,645 | -28.4% |
| Financial income | 75/76B | €1 | €4,817 | +€4,816 | +678,317% |
| Recurring financial income | 75 | €1 | €4,817 | +€4,816 | +678,317% |
| Financial charges | 65/66B | €385 | €5,075 | +€4,690 | +1,218% |
| Recurring financial charges | 65 | €385 | €5,075 | +€4,690 | +1,218% |
| Profit (loss) for the period before taxes | 9903 | €40,640 | €29,121 | -€11,519 | -28.3% |
| Income taxes | 67/77 | €10,475 | - | -€10,475 | |
| Profit (loss) for the period | 9904 | €30,165 | €29,121 | -€1,044 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,165 | €29,121 | -€1,044 | -3.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.