BRAIGN: 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.
BRAIGN
Largest movements
- Cash -€112,440
down €112,440 (-92.7%), from €121,317 to €8,876
mainly Current investments (-€100,000) and Receivables within one year (-€83,864)
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year +€83,864
up €83,864 (+82.8%), from €101,336 to €185,200
of which Trade receivables: +€82,034
- Reserves +€59,833
up €59,833 (+29.0%), from €206,641 to €266,474
- Tax, wage and social debts +€9,041
up €9,041 (+71.3%), from €12,675 to €21,716
- Gross operating margin +€67,427
up €67,427 (+297%), from €22,736 to €90,163
- Financial income -€50,919
down €50,919 (-98.2%), from €51,867 to €947
- Taxes +€16,560
up €16,560 (+143%), from €11,581 to €28,141
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 | €591,659 | €660,320 | +€68,661 | +11.6% |
| Fixed assets | 21/28 | €367,140 | €365,296 | -€1,844 | -0.5% |
| Tangible fixed assets | 22/27 | €5,640 | €3,796 | -€1,844 | -32.7% |
| Furniture and vehicles | 24 | €5,640 | €3,796 | -€1,844 | -32.7% |
| Financial fixed assets | 28 | €361,500 | €361,500 | = | 0.0% |
| Current assets | 29/58 | €224,519 | €295,024 | +€70,505 | +31.4% |
| Amounts receivable within one year | 40/41 | €101,336 | €185,200 | +€83,864 | +82.8% |
| Trade receivables | 40 | €7,969 | €90,003 | +€82,034 | +1,029% |
| Other amounts receivable | 41 | €93,367 | €95,197 | +€1,830 | +2.0% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €121,317 | €8,876 | -€112,440 | -92.7% |
| Deferred charges and accrued income | 490/1 | €1,867 | €947 | -€919 | -49.2% |
| Total equity and liabilities | 10/49 | €591,659 | €660,320 | +€68,661 | +11.6% |
| Equity | 10/15 | €217,245 | €277,079 | +€59,833 | +27.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €206,641 | €266,474 | +€59,833 | +29.0% |
| Distributable reserves | 133 | €206,641 | €266,474 | +€59,833 | +29.0% |
| Profit (loss) carried forward | 14 | €605 | €605 | = | 0.0% |
| Amounts payable | 17/49 | €374,414 | €383,241 | +€8,828 | +2.4% |
| Amounts payable within one year | 42/48 | €374,414 | €383,241 | +€8,828 | +2.4% |
| Financial debts | 43 | €25 | €25 | = | 0.0% |
| Credit institutions | 430/8 | €25 | €25 | = | 0.0% |
| Trade debts | 44 | €213 | €0 | -€213 | -100% |
| Suppliers | 440/4 | €213 | €0 | -€213 | -100% |
| Taxes, remuneration and social security | 45 | €12,675 | €21,716 | +€9,041 | +71.3% |
| Taxes | 450/3 | €12,675 | €21,716 | +€9,041 | +71.3% |
| Other amounts payable | 47/48 | €361,500 | €361,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,863 | €1,844 | -€19 | -1.0% |
| Other operating charges | 640/8 | €624 | €638 | +€14 | +2.2% |
| Gross operating margin | 9900 | €22,736 | €90,163 | +€67,427 | +297% |
| Operating profit (loss) | 9901 | €20,248 | €87,681 | +€67,432 | +333% |
| Financial income | 75/76B | €51,867 | €947 | -€50,919 | -98.2% |
| Recurring financial income | 75 | €51,867 | €947 | -€50,919 | -98.2% |
| Financial charges | 65/66B | €50 | €654 | +€604 | +1,211% |
| Recurring financial charges | 65 | €50 | €654 | +€604 | +1,211% |
| Profit (loss) for the period before taxes | 9903 | €72,065 | €87,974 | +€15,909 | +22.1% |
| Income taxes | 67/77 | €11,581 | €28,141 | +€16,560 | +143% |
| Profit (loss) for the period | 9904 | €60,484 | €59,833 | -€651 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,484 | €59,833 | -€651 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.