BRAINBOW: 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.
BRAINBOW
Largest movements
- Cash +€63,185
up €63,185 (+145.3%), from €43,501 to €106,686
mainly Net result for the year (+€55,045) and Depreciation (+€10,409)
- Receivables within one year +€13,134
up €13,134 (+103.9%), from €12,645 to €25,779
- Tangible fixed assets -€10,409
down €10,409 (-21.7%), from €47,920 to €37,511
- Reserves +€55,045
up €55,045 (+79.3%), from €69,455 to €124,500
- Tax, wage and social debts +€10,162
up €10,162 (+38.5%), from €26,398 to €36,560
- Trade debts +€3,543
up €3,543 (+814.0%), from €435 to €3,978
- Other debts -€2,925
down €2,925 (-49.5%), from €5,914 to €2,989
- Gross operating margin -€11,806
down €11,806 (-12.9%), from €91,469 to €79,663
- Depreciation +€6,283
up €6,283 (+152.3%), from €4,126 to €10,409
- Taxes -€3,547
down €3,547 (-20.0%), from €17,726 to €14,179
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 | €104,202 | €170,028 | +€65,826 | +63.2% |
| Fixed assets | 21/28 | €47,920 | €37,511 | -€10,409 | -21.7% |
| Tangible fixed assets | 22/27 | €47,920 | €37,511 | -€10,409 | -21.7% |
| Furniture and vehicles | 24 | €47,920 | €37,511 | -€10,409 | -21.7% |
| Current assets | 29/58 | €56,281 | €132,516 | +€76,235 | +135.5% |
| Amounts receivable within one year | 40/41 | €12,645 | €25,779 | +€13,134 | +103.9% |
| Trade receivables | 40 | €12,645 | €25,779 | +€13,134 | +103.9% |
| Cash at bank and in hand | 54/58 | €43,501 | €106,686 | +€63,185 | +145.3% |
| Deferred charges and accrued income | 490/1 | €136 | €51 | -€85 | -62.1% |
| Total equity and liabilities | 10/49 | €104,202 | €170,028 | +€65,826 | +63.2% |
| Equity | 10/15 | €71,455 | €126,500 | +€55,045 | +77.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €69,455 | €124,500 | +€55,045 | +79.3% |
| Distributable reserves | 133 | €69,455 | €124,500 | +€55,045 | +79.3% |
| Amounts payable | 17/49 | €32,747 | €43,527 | +€10,780 | +32.9% |
| Amounts payable within one year | 42/48 | €32,747 | €43,527 | +€10,780 | +32.9% |
| Trade debts | 44 | €435 | €3,978 | +€3,543 | +814.0% |
| Suppliers | 440/4 | €435 | €3,978 | +€3,543 | +814.0% |
| Taxes, remuneration and social security | 45 | €26,398 | €36,560 | +€10,162 | +38.5% |
| Taxes | 450/3 | €26,398 | €36,560 | +€10,162 | +38.5% |
| Other amounts payable | 47/48 | €5,914 | €2,989 | -€2,925 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,126 | €10,409 | +€6,283 | +152.3% |
| Other operating charges | 640/8 | €145 | €228 | +€83 | +57.7% |
| Gross operating margin | 9900 | €91,469 | €79,663 | -€11,806 | -12.9% |
| Operating profit (loss) | 9901 | €87,198 | €69,025 | -€18,173 | -20.8% |
| Financial income | 75/76B | €0 | €279 | +€279 | +232725.0% |
| Recurring financial income | 75 | €0 | €279 | +€279 | +232725.0% |
| Financial charges | 65/66B | €17 | €80 | +€63 | +374.8% |
| Recurring financial charges | 65 | €17 | €80 | +€63 | +374.8% |
| Profit (loss) for the period before taxes | 9903 | €87,181 | €69,225 | -€17,956 | -20.6% |
| Income taxes | 67/77 | €17,726 | €14,179 | -€3,547 | -20.0% |
| Profit (loss) for the period | 9904 | €69,455 | €55,045 | -€14,409 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,455 | €55,045 | -€14,409 | -20.7% |
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 8 October 2026 via checked.be.