BRAIN 2 RENT: 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.
BRAIN 2 RENT
Largest movements
- Tangible fixed assets -€9,671
down €9,671 (-4.3%), from €222,486 to €212,815
of which Furniture and vehicles: -€5,488
- Receivables within one year +€7,326
up €7,326 (+8.5%), from €86,674 to €94,000
of which Other amounts receivable: +€4,875
- Other debts +€34,179
new in 2025: €34,179
- Current portion of long-term debt -€19,187
down €19,187 (-73.9%), from €25,946 to €6,759
- Reserves -€12,885
down €12,885 (-17.5%), from €73,812 to €60,927
of which Distributable reserves: -€12,885
- Gross operating margin +€13,660
up €13,660 (+33.3%), from €40,964 to €54,623
- Taxes +€8,116
up €8,116 (+117.6%), from €6,903 to €15,019
- Financial charges -€2,909
down €2,909 (-37.8%), from €7,688 to €4,780
- Other operating charges -€900
down €900 (-15.8%), from €5,699 to €4,799
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 | €320,358 | €318,214 | -€2,144 | -0.7% |
| Fixed assets | 21/28 | €224,286 | €214,615 | -€9,671 | -4.3% |
| Tangible fixed assets | 22/27 | €222,486 | €212,815 | -€9,671 | -4.3% |
| Land and buildings | 22 | €211,971 | €208,055 | -€3,916 | -1.8% |
| Furniture and vehicles | 24 | €8,257 | €2,768 | -€5,488 | -66.5% |
| Other tangible fixed assets | 26 | €2,258 | €1,991 | -€267 | -11.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €96,073 | €103,599 | +€7,527 | +7.8% |
| Amounts receivable within one year | 40/41 | €86,674 | €94,000 | +€7,326 | +8.5% |
| Trade receivables | 40 | €13,727 | €16,177 | +€2,451 | +17.9% |
| Other amounts receivable | 41 | €72,947 | €77,823 | +€4,875 | +6.7% |
| Cash at bank and in hand | 54/58 | €8,681 | €7,825 | -€856 | -9.9% |
| Deferred charges and accrued income | 490/1 | €718 | €1,775 | +€1,057 | +147.3% |
| Total equity and liabilities | 10/49 | €320,358 | €318,214 | -€2,144 | -0.7% |
| Equity | 10/15 | €118,545 | €104,027 | -€14,518 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,812 | €60,927 | -€12,885 | -17.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,952 | €59,067 | -€12,885 | -17.9% |
| Investment grants | 15 | €26,133 | €24,500 | -€1,633 | -6.2% |
| Amounts payable | 17/49 | €201,813 | €214,187 | +€12,374 | +6.1% |
| Amounts payable after more than one year | 17 | €135,682 | €133,675 | -€2,007 | -1.5% |
| Financial debts | 170/4 | €130,682 | €128,675 | -€2,007 | -1.5% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,659 | €70,924 | +€14,265 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €25,946 | €6,759 | -€19,187 | -73.9% |
| Financial debts | 43 | €194 | €190 | -€4 | -2.2% |
| Credit institutions | 430/8 | €194 | €190 | -€4 | -2.2% |
| Trade debts | 44 | €2,578 | €4,021 | +€1,443 | +56.0% |
| Suppliers | 440/4 | €2,578 | €4,021 | +€1,443 | +56.0% |
| Taxes, remuneration and social security | 45 | €27,941 | €25,776 | -€2,165 | -7.7% |
| Taxes | 450/3 | €27,941 | €25,776 | -€2,165 | -7.7% |
| Other amounts payable | 47/48 | - | €34,179 | +€34,179 | |
| Accrued charges and deferred income | 492/3 | €9,472 | €9,587 | +€115 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,406 | €14,453 | +€47 | +0.3% |
| Other operating charges | 640/8 | €5,699 | €4,799 | -€900 | -15.8% |
| Gross operating margin | 9900 | €40,964 | €54,623 | +€13,660 | +33.3% |
| Operating profit (loss) | 9901 | €20,859 | €35,372 | +€14,513 | +69.6% |
| Financial income | 75/76B | €5,629 | €5,720 | +€91 | +1.6% |
| Recurring financial income | 75 | €5,629 | €5,720 | +€91 | +1.6% |
| Financial charges | 65/66B | €7,688 | €4,780 | -€2,909 | -37.8% |
| Recurring financial charges | 65 | €7,688 | €4,780 | -€2,909 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €18,800 | €36,312 | +€17,512 | +93.1% |
| Income taxes | 67/77 | €6,903 | €15,019 | +€8,116 | +117.6% |
| Profit (loss) for the period | 9904 | €11,898 | €21,294 | +€9,396 | +79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,898 | €21,294 | +€9,396 | +79.0% |
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 4 October 2026 via checked.be.