BRAINBIZ: 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.
What changed
BRAINBIZ
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€485,814
2024 · -€319,390-€166,424
Equity
-€828,275
2024 · -€342,461-€485,814
Cash
€52,521
2024 · €108,971-€56,450
Balance sheet total
€6.1m
2024 · €6.2m-€72,219
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€485,814
down €485,814 (-44.5%), from -€1.1m to -€1.6m
- Other debts +€454,568
up €454,568 (+1,082%), from €42,006 to €496,574
Income statement
- Gross operating margin -€124,733
down €124,733 (-275%), from -€45,438 to -€170,170
- Depreciation +€70,063
up €70,063 (+32.1%), from €218,417 to €288,480
- Staff costs -€28,670
down €28,670 (-65.2%), from €43,961 to €15,291
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.
Result 2024
-€319,390
Gross operating margin
-€124,733
Staff costs
+€28,670
Depreciation
-€70,063
Other operating charges
-€300
Financial income
-€22
Financial charges
-€107
Taxes
+€131
Result 2025
-€485,814
raises the resultlowers the result
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.
From operations
+€172,889
Investment
-€229,241
Financing
-€99
Cash 2024
€108,971
From operations (derived)
+€172,889
Net result for the year
-€485,814
Depreciation
+€288,480
Receivables within one year
-€48,182
Deferred charges and accrued income
+€4,711
Trade debts
-€38,125
Tax, wage and social debts
-€2,749
Other debts
+€454,568
Investment (derived)
-€229,241
Investment in fixed assets (net)
-€229,241
Financing
-€99
Short-term financial debts
-€99
Cash 2025
€52,521
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,192,088 | €6,119,870 | -€72,219 | -1.2% |
| Fixed assets | 21/28 | €5,859,356 | €5,800,117 | -€59,239 | -1.0% |
| Intangible fixed assets | 21 | €279 | €159 | -€120 | -43.0% |
| Tangible fixed assets | 22/27 | €5,858,827 | €5,799,708 | -€59,119 | -1.0% |
| Land and buildings | 22 | €5,765,176 | €5,696,516 | -€68,660 | -1.2% |
| Plant, machinery and equipment | 23 | €17,904 | €29,659 | +€11,755 | +65.7% |
| Furniture and vehicles | 24 | €75,747 | €73,533 | -€2,214 | -2.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €332,732 | €319,753 | -€12,979 | -3.9% |
| Amounts receivable within one year | 40/41 | €219,050 | €267,232 | +€48,182 | +22.0% |
| Trade receivables | 40 | €2,142 | €5,021 | +€2,879 | +134% |
| Other amounts receivable | 41 | €216,908 | €262,212 | +€45,304 | +20.9% |
| Cash at bank and in hand | 54/58 | €108,971 | €52,521 | -€56,450 | -51.8% |
| Deferred charges and accrued income | 490/1 | €4,711 | €0 | -€4,711 | -100% |
| Total equity and liabilities | 10/49 | €6,192,088 | €6,119,870 | -€72,219 | -1.2% |
| Equity | 10/15 | -€342,461 | -€828,275 | -€485,814 | -142% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,092,461 | -€1,578,275 | -€485,814 | -44.5% |
| Amounts payable | 17/49 | €6,534,550 | €6,948,145 | +€413,595 | +6.3% |
| Amounts payable after more than one year | 17 | €6,434,375 | €6,434,375 | = | 0.0% |
| Other amounts payable | 178/9 | €6,434,375 | €6,434,375 | = | 0.0% |
| Amounts payable within one year | 42/48 | €100,175 | €513,770 | +€413,595 | +413% |
| Financial debts | 43 | €99 | €0 | -€99 | -100% |
| Credit institutions | 430/8 | €99 | €0 | -€99 | -100% |
| Trade debts | 44 | €55,280 | €17,155 | -€38,125 | -69.0% |
| Suppliers | 440/4 | €55,280 | €17,155 | -€38,125 | -69.0% |
| Taxes, remuneration and social security | 45 | €2,790 | €41 | -€2,749 | -98.5% |
| Taxes | 450/3 | €797 | €41 | -€757 | -94.9% |
| Remuneration and social security | 454/9 | €1,993 | €0 | -€1,993 | -100% |
| Other amounts payable | 47/48 | €42,006 | €496,574 | +€454,568 | +1,082% |
| Remuneration, social security and pensions | 62 | €43,961 | €15,291 | -€28,670 | -65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,417 | €288,480 | +€70,063 | +32.1% |
| Other operating charges | 640/8 | €11,182 | €11,481 | +€300 | +2.7% |
| Gross operating margin | 9900 | -€45,438 | -€170,170 | -€124,733 | -275% |
| Operating profit (loss) | 9901 | -€318,997 | -€485,423 | -€166,425 | -52.2% |
| Financial income | 75/76B | €37 | €15 | -€22 | -58.4% |
| Recurring financial income | 75 | €37 | €15 | -€22 | -58.4% |
| Financial charges | 65/66B | €259 | €366 | +€107 | +41.4% |
| Recurring financial charges | 65 | €259 | €366 | +€107 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | -€319,219 | -€485,773 | -€166,554 | -52.2% |
| Income taxes | 67/77 | €171 | €41 | -€131 | -76.3% |
| Profit (loss) for the period | 9904 | -€319,390 | -€485,814 | -€166,424 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€319,390 | -€485,814 | -€166,424 | -52.1% |
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 15 October 2026 via checked.be.