BRAIN DYNAMICS: 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 DYNAMICS
Largest movements
- Tangible fixed assets -€17,220
down €17,220 (-6.5%), from €263,823 to €246,602
of which Land and buildings: -€17,220
- Cash -€16,814
down €16,814 (-48.0%), from €35,055 to €18,241
mainly Debts after one year (-€20,233) and Receivables within one year (-€7,204)
- Receivables within one year +€7,204
up €7,204 (+376.2%), from €1,915 to €9,119
of which Trade receivables: +€6,000
- Debts after one year -€20,233
down €20,233 (-25.8%), from €78,498 to €58,265
- Profit (loss) carried forward -€7,088
down €7,088 (-3.0%), from €234,492 to €227,404
- Financial charges -€8,633
down €8,633 (-75.7%), from €11,410 to €2,777
of which Non-recurring financial charges: -€8,140
- Depreciation -€443
down €443 (-2.5%), from €17,663 to €17,220
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 | €340,792 | €313,962 | -€26,831 | -7.9% |
| Fixed assets | 21/28 | €303,823 | €286,602 | -€17,220 | -5.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €263,823 | €246,602 | -€17,220 | -6.5% |
| Land and buildings | 22 | €263,822 | €246,602 | -€17,220 | -6.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €36,970 | €27,360 | -€9,610 | -26.0% |
| Amounts receivable within one year | 40/41 | €1,915 | €9,119 | +€7,204 | +376.2% |
| Trade receivables | 40 | €1,815 | €7,815 | +€6,000 | +330.6% |
| Other amounts receivable | 41 | €100 | €1,304 | +€1,204 | +1202.3% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €35,055 | €18,241 | -€16,814 | -48.0% |
| Total equity and liabilities | 10/49 | €340,792 | €313,962 | -€26,831 | -7.9% |
| Equity | 10/15 | €242,552 | €235,464 | -€7,088 | -2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,492 | €227,404 | -€7,088 | -3.0% |
| Amounts payable | 17/49 | €98,240 | €78,498 | -€19,743 | -20.1% |
| Amounts payable after more than one year | 17 | €78,498 | €58,265 | -€20,233 | -25.8% |
| Financial debts | 170/4 | €78,498 | €58,265 | -€20,233 | -25.8% |
| Amounts payable within one year | 42/48 | €19,743 | €20,233 | +€490 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €19,743 | €20,233 | +€490 | +2.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,663 | €17,220 | -€443 | -2.5% |
| Other operating charges | 640/8 | €2,800 | €2,888 | +€88 | +3.1% |
| Gross operating margin | 9900 | €15,712 | €15,797 | +€85 | +0.5% |
| Operating profit (loss) | 9901 | -€4,751 | -€4,311 | +€440 | +9.3% |
| Financial charges | 65/66B | €11,410 | €2,777 | -€8,633 | -75.7% |
| Recurring financial charges | 65 | €3,270 | €2,777 | -€493 | -15.1% |
| Non-recurring financial charges | 66B | €8,140 | - | -€8,140 | |
| Profit (loss) for the period before taxes | 9903 | -€16,161 | -€7,088 | +€9,073 | +56.1% |
| Profit (loss) for the period | 9904 | -€16,161 | -€7,088 | +€9,073 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,161 | -€7,088 | +€9,073 | +56.1% |
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 29 September 2026 via checked.be.