BRAHOYE: 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.
BRAHOYE
Largest movements
- Tangible fixed assets -€410,375
down €410,375 (-9.7%), from €4.2m to €3.8m
- Cash +€46,716
up €46,716 (+357.8%), from €13,057 to €59,773
mainly Investment in fixed assets (net) (+€224,948) and Depreciation (+€185,427)
- Other debts -€386,346
down €386,346 (-95.3%), from €405,608 to €19,262
- Profit (loss) carried forward +€56,992
up €56,992 (+5.2%), from -€1.1m to -€1.0m
- Debts after one year -€54,385
down €54,385 (-1.9%), from €2.9m to €2.8m
- Gross operating margin +€124,452
up €124,452 (+55.2%), from €225,370 to €349,822
- Depreciation -€18,648
down €18,648 (-9.1%), from €204,074 to €185,427
- Other operating charges +€12,053
up €12,053 (+133.1%), from €9,054 to €21,107
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.
Cash bridge derived
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 | €4,240,243 | €3,877,187 | -€363,056 | -8.6% |
| Fixed assets | 21/28 | €4,221,354 | €3,810,979 | -€410,375 | -9.7% |
| Tangible fixed assets | 22/27 | €4,221,354 | €3,810,979 | -€410,375 | -9.7% |
| Land and buildings | 22 | €4,221,354 | €3,810,979 | -€410,375 | -9.7% |
| Current assets | 29/58 | €18,889 | €66,208 | +€47,319 | +250.5% |
| Cash at bank and in hand | 54/58 | €13,057 | €59,773 | +€46,716 | +357.8% |
| Deferred charges and accrued income | 490/1 | €5,831 | €6,435 | +€604 | +10.3% |
| Total equity and liabilities | 10/49 | €4,240,243 | €3,877,187 | -€363,056 | -8.6% |
| Equity | 10/15 | €855,463 | €912,455 | +€56,992 | +6.7% |
| Contributions | 10/11 | €1,953,000 | €1,953,000 | = | 0.0% |
| Reserves | 13 | €3,325 | €3,325 | = | 0.0% |
| Distributable reserves | 133 | €3,325 | €3,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,100,861 | -€1,043,870 | +€56,992 | +5.2% |
| Amounts payable | 17/49 | €3,384,779 | €2,964,732 | -€420,047 | -12.4% |
| Amounts payable after more than one year | 17 | €2,852,009 | €2,797,623 | -€54,385 | -1.9% |
| Financial debts | 170/4 | €2,852,009 | €2,797,623 | -€54,385 | -1.9% |
| Amounts payable within one year | 42/48 | €522,359 | €151,824 | -€370,535 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €114,397 | €116,668 | +€2,270 | +2.0% |
| Trade debts | 44 | €2,353 | €531 | -€1,823 | -77.5% |
| Suppliers | 440/4 | €2,353 | €531 | -€1,823 | -77.5% |
| Taxes, remuneration and social security | 45 | - | €15,363 | +€15,363 | |
| Taxes | 450/3 | - | €15,363 | +€15,363 | |
| Other amounts payable | 47/48 | €405,608 | €19,262 | -€386,346 | -95.3% |
| Accrued charges and deferred income | 492/3 | €10,412 | €15,285 | +€4,873 | +46.8% |
| Non-recurring operating income | 76A | - | €104,921 | +€104,921 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204,074 | €185,427 | -€18,648 | -9.1% |
| Other operating charges | 640/8 | €9,054 | €21,107 | +€12,053 | +133.1% |
| Gross operating margin | 9900 | €225,370 | €349,822 | +€124,452 | +55.2% |
| Operating profit (loss) | 9901 | €12,242 | €143,289 | +€131,047 | +1070.5% |
| Financial income | 75/76B | €1 | €13 | +€11 | +1137.6% |
| Recurring financial income | 75 | €1 | €13 | +€11 | +1137.6% |
| Financial charges | 65/66B | €83,241 | €86,306 | +€3,065 | +3.7% |
| Recurring financial charges | 65 | €83,241 | €86,306 | +€3,065 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€70,998 | €56,995 | +€127,994 | |
| Income taxes | 67/77 | €0 | €4 | +€3 | +1150.0% |
| Profit (loss) for the period | 9904 | -€70,999 | €56,992 | +€127,990 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,999 | €56,992 | +€127,990 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.