Brain@work: 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@work
Largest movements
- Cash +€25,984
up €25,984 (+94.7%), from €27,440 to €53,424
mainly Net result for the year (+€39,678) and Other debts (+€9,678)
- Receivables within one year +€7,806
up €7,806 (+79.7%), from €9,796 to €17,602
of which Other amounts receivable: +€7,388
- Profit (loss) carried forward +€30,000
up €30,000 (+21.3%), from €141,047 to €171,047
- Other debts +€9,678
up €9,678, from €0 to €9,678
- Tax, wage and social debts -€8,269
down €8,269 (-100.0%), from €8,269 to €0
- Trade debts +€2,154
up €2,154 (+79.5%), from €2,710 to €4,864
- Gross operating margin -€16,705
down €16,705 (-25.6%), from €65,178 to €48,474
- Taxes -€3,878
down €3,878 (-28.1%), from €13,801 to €9,923
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 | €155,026 | €188,589 | +€33,563 | +21.7% |
| Fixed assets | 21/28 | €5,404 | €4,775 | -€629 | -11.6% |
| Tangible fixed assets | 22/27 | €5,404 | €4,775 | -€629 | -11.6% |
| Furniture and vehicles | 24 | €5,404 | €4,775 | -€629 | -11.6% |
| Current assets | 29/58 | €149,622 | €183,815 | +€34,192 | +22.9% |
| Amounts receivable within one year | 40/41 | €9,796 | €17,602 | +€7,806 | +79.7% |
| Trade receivables | 40 | €411 | €829 | +€418 | +101.7% |
| Other amounts receivable | 41 | €9,385 | €16,773 | +€7,388 | +78.7% |
| Current investments | 50/53 | €102,244 | €102,143 | -€101 | -0.1% |
| Cash at bank and in hand | 54/58 | €27,440 | €53,424 | +€25,984 | +94.7% |
| Deferred charges and accrued income | 490/1 | €10,142 | €10,645 | +€503 | +5.0% |
| Total equity and liabilities | 10/49 | €155,026 | €188,589 | +€33,563 | +21.7% |
| Equity | 10/15 | €144,047 | €174,047 | +€30,000 | +20.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €141,047 | €171,047 | +€30,000 | +21.3% |
| Amounts payable | 17/49 | €10,979 | €14,543 | +€3,563 | +32.5% |
| Amounts payable within one year | 42/48 | €10,979 | €14,543 | +€3,563 | +32.5% |
| Trade debts | 44 | €2,710 | €4,864 | +€2,154 | +79.5% |
| Suppliers | 440/4 | €2,710 | €4,864 | +€2,154 | +79.5% |
| Taxes, remuneration and social security | 45 | €8,269 | €0 | -€8,269 | -100.0% |
| Taxes | 450/3 | €8,269 | €0 | -€8,269 | -100.0% |
| Other amounts payable | 47/48 | €0 | €9,678 | +€9,678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €629 | €629 | +€0 | 0.0% |
| Other operating charges | 640/8 | €614 | €644 | +€30 | +4.9% |
| Gross operating margin | 9900 | €65,178 | €48,474 | -€16,705 | -25.6% |
| Operating profit (loss) | 9901 | €63,935 | €47,201 | -€16,734 | -26.2% |
| Financial income | 75/76B | €2,259 | €2,541 | +€282 | +12.5% |
| Recurring financial income | 75 | €2,259 | €2,541 | +€282 | +12.5% |
| Financial charges | 65/66B | €261 | €141 | -€121 | -46.2% |
| Recurring financial charges | 65 | €261 | €141 | -€121 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €65,933 | €49,602 | -€16,331 | -24.8% |
| Income taxes | 67/77 | €13,801 | €9,923 | -€3,878 | -28.1% |
| Profit (loss) for the period | 9904 | €52,132 | €39,678 | -€12,454 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,132 | €39,678 | -€12,454 | -23.9% |
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 9 October 2026 via checked.be.