Brahy Terrassement: 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.
Brahy Terrassement
Largest movements
- Tangible fixed assets -€71,710
down €71,710 (-39.0%), from €183,999 to €112,289
- Cash +€36,259
up €36,259 (+12.0%), from €300,931 to €337,189
mainly Depreciation (+€76,347) and Net result for the year (+€57,418)
- Receivables within one year +€27,111
up €27,111 (+27.0%), from €100,427 to €127,538
of which Trade receivables: +€27,611
- Intangible fixed assets -€19,978
no longer reported in 2025 (was €19,978)
- Profit (loss) carried forward +€57,418
up €57,418 (+14.8%), from €387,741 to €445,160
- Other debts -€51,091
down €51,091 (-42.2%), from €121,020 to €69,929
- Debts after one year -€30,403
down €30,403 (-59.2%), from €51,391 to €20,987
- Gross operating margin -€53,067
down €53,067 (-24.1%), from €220,136 to €167,069
- Staff costs -€39,752
down €39,752 (-76.3%), from €52,130 to €12,377
- Taxes -€3,496
down €3,496 (-19.4%), from €17,982 to €14,486
- Financial charges +€3,202
up €3,202 (+182%), from €1,759 to €4,960
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 | €615,356 | €588,136 | -€27,220 | -4.4% |
| Fixed assets | 21/28 | €203,977 | €112,289 | -€91,688 | -45.0% |
| Intangible fixed assets | 21 | €19,978 | - | -€19,978 | |
| Tangible fixed assets | 22/27 | €183,999 | €112,289 | -€71,710 | -39.0% |
| Furniture and vehicles | 24 | €183,999 | €112,289 | -€71,710 | -39.0% |
| Current assets | 29/58 | €411,379 | €475,846 | +€64,468 | +15.7% |
| Amounts receivable within one year | 40/41 | €100,427 | €127,538 | +€27,111 | +27.0% |
| Trade receivables | 40 | €79,993 | €107,604 | +€27,611 | +34.5% |
| Other amounts receivable | 41 | €20,434 | €19,934 | -€500 | -2.4% |
| Cash at bank and in hand | 54/58 | €300,931 | €337,189 | +€36,259 | +12.0% |
| Deferred charges and accrued income | 490/1 | €10,021 | €11,120 | +€1,098 | +11.0% |
| Total equity and liabilities | 10/49 | €615,356 | €588,136 | -€27,220 | -4.4% |
| Equity | 10/15 | €395,241 | €452,660 | +€57,418 | +14.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €387,741 | €445,160 | +€57,418 | +14.8% |
| Amounts payable | 17/49 | €220,115 | €135,476 | -€84,639 | -38.5% |
| Amounts payable after more than one year | 17 | €51,391 | €20,987 | -€30,403 | -59.2% |
| Financial debts | 170/4 | €51,391 | €20,987 | -€30,403 | -59.2% |
| Amounts payable within one year | 42/48 | €168,724 | €114,489 | -€54,235 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €31,823 | €33,068 | +€1,245 | +3.9% |
| Trade debts | 44 | €15,881 | €11,492 | -€4,390 | -27.6% |
| Suppliers | 440/4 | €15,881 | €11,492 | -€4,390 | -27.6% |
| Other amounts payable | 47/48 | €121,020 | €69,929 | -€51,091 | -42.2% |
| Remuneration, social security and pensions | 62 | €52,130 | €12,377 | -€39,752 | -76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,152 | €76,347 | +€1,196 | +1.6% |
| Other operating charges | 640/8 | €2,554 | €1,480 | -€1,074 | -42.1% |
| Gross operating margin | 9900 | €220,136 | €167,069 | -€53,067 | -24.1% |
| Operating profit (loss) | 9901 | €90,301 | €76,865 | -€13,436 | -14.9% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €1,759 | €4,960 | +€3,202 | +182% |
| Recurring financial charges | 65 | €1,759 | €4,960 | +€3,202 | +182% |
| Profit (loss) for the period before taxes | 9903 | €88,553 | €71,904 | -€16,649 | -18.8% |
| Income taxes | 67/77 | €17,982 | €14,486 | -€3,496 | -19.4% |
| Profit (loss) for the period | 9904 | €70,571 | €57,418 | -€13,153 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,571 | €57,418 | -€13,153 | -18.6% |
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 31 October 2026 via checked.be.