BRAIN OPTIC: 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.
BRAIN OPTIC
Largest movements
- Tangible fixed assets -€6,691
down €6,691 (-21.9%), from €30,556 to €23,866
of which Furniture and vehicles: -€6,775
- Cash +€2,159
up €2,159 (+23.9%), from €9,029 to €11,188
mainly Depreciation (+€8,105) and Stocks and contracts (+€1,848)
- Stocks and contracts -€1,848
down €1,848 (-17.1%), from €10,811 to €8,963
- Deferred charges and accrued income -€1,637
no longer reported in 2025 (was €1,637)
- Current investments +€1,394
up €1,394 (+2.6%), from €54,224 to €55,618
- Current portion of long-term debt -€4,056
no longer reported in 2025 (was €4,056)
- Other debts -€3,983
down €3,983 (-88.8%), from €4,484 to €501
- Gross operating margin -€7,456
down €7,456 (-40.6%), from €18,378 to €10,922
- Taxes -€2,764
down €2,764 (-75.5%), from €3,659 to €895
- Depreciation +€349
up €349 (+4.5%), from €7,755 to €8,105
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 | €108,173 | €102,507 | -€5,666 | -5.2% |
| Fixed assets | 21/28 | €30,556 | €23,866 | -€6,691 | -21.9% |
| Tangible fixed assets | 22/27 | €30,556 | €23,866 | -€6,691 | -21.9% |
| Land and buildings | 22 | €8,676 | €8,676 | = | 0.0% |
| Furniture and vehicles | 24 | €20,210 | €13,435 | -€6,775 | -33.5% |
| Other tangible fixed assets | 26 | €1,670 | €1,754 | +€84 | +5.1% |
| Current assets | 29/58 | €77,617 | €78,641 | +€1,025 | +1.3% |
| Stocks and contracts in progress | 3 | €10,811 | €8,963 | -€1,848 | -17.1% |
| Stocks | 30/36 | €10,811 | €8,963 | -€1,848 | -17.1% |
| Amounts receivable within one year | 40/41 | €1,915 | €2,872 | +€957 | +50.0% |
| Trade receivables | 40 | - | €492 | +€492 | |
| Other amounts receivable | 41 | €1,915 | €2,380 | +€465 | +24.3% |
| Current investments | 50/53 | €54,224 | €55,618 | +€1,394 | +2.6% |
| Cash at bank and in hand | 54/58 | €9,029 | €11,188 | +€2,159 | +23.9% |
| Deferred charges and accrued income | 490/1 | €1,637 | - | -€1,637 | |
| Total equity and liabilities | 10/49 | €108,173 | €102,507 | -€5,666 | -5.2% |
| Equity | 10/15 | €89,673 | €90,656 | +€983 | +1.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €34,359 | €34,359 | = | 0.0% |
| Distributable reserves | 133 | €34,359 | €34,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,117 | €50,099 | +€983 | +2.0% |
| Amounts payable | 17/49 | €18,500 | €11,851 | -€6,649 | -35.9% |
| Amounts payable after more than one year | 17 | €3,807 | €3,807 | = | 0.0% |
| Financial debts | 170/4 | €3,807 | €3,807 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,605 | €8,044 | -€6,561 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €4,056 | - | -€4,056 | |
| Trade debts | 44 | €2,899 | €3,954 | +€1,055 | +36.4% |
| Suppliers | 440/4 | €2,899 | €3,954 | +€1,055 | +36.4% |
| Taxes, remuneration and social security | 45 | €3,166 | €3,589 | +€423 | +13.4% |
| Taxes | 450/3 | €3,166 | €3,589 | +€423 | +13.4% |
| Other amounts payable | 47/48 | €4,484 | €501 | -€3,983 | -88.8% |
| Accrued charges and deferred income | 492/3 | €88 | - | -€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,755 | €8,105 | +€349 | +4.5% |
| Other operating charges | 640/8 | €825 | €796 | -€29 | -3.5% |
| Gross operating margin | 9900 | €18,378 | €10,922 | -€7,456 | -40.6% |
| Operating profit (loss) | 9901 | €9,798 | €2,021 | -€7,777 | -79.4% |
| Financial income | 75/76B | €490 | €544 | +€55 | +11.1% |
| Recurring financial income | 75 | €490 | €544 | +€55 | +11.1% |
| Financial charges | 65/66B | €609 | €687 | +€79 | +12.9% |
| Recurring financial charges | 65 | €609 | €687 | +€79 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €9,679 | €1,878 | -€7,801 | -80.6% |
| Income taxes | 67/77 | €3,659 | €895 | -€2,764 | -75.5% |
| Profit (loss) for the period | 9904 | €6,020 | €983 | -€5,037 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,020 | €983 | -€5,037 | -83.7% |
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 28 October 2026 via checked.be.