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BRAINCAP: 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.

What changed

BRAINCAP

BE 0463.902.894
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€102,656
2024 · €40,440+€62,216
Equity
-€404,291
2024 · -€506,947+€102,656
Cash
€9,381
2024 · €1,412+€7,969
Balance sheet total
€44,300
2024 · €3,644+€40,656

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€32,687

    up €32,687 (+1464.8%), from €2,231 to €34,919

    of which Trade receivables: +€32,000

  • Cash +€7,969

    up €7,969 (+564.3%), from €1,412 to €9,381

    mainly Net result for the year (+€102,656)

Equity and liabilities
  • Profit (loss) carried forward +€102,656

    up €102,656 (+17.8%), from -€575,118 to -€472,462

  • Debts after one year -€62,000

    down €62,000 (-12.1%), from €510,591 to €448,591

Income statement
  • Gross operating margin +€62,399

    up €62,399 (+154.0%), from €40,517 to €102,916

From the 2024 result to the 2025 result

effect on the 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 €40,440
Gross operating margin +€62,399
Other operating charges +€179
Financial income -€361
Result 2025 €102,656

Cash bridge derived

cash 2024 to 2025

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 +€69,969
Investment €0
Financing -€62,000
Cash 2024 €1,412
Net result for the year +€102,656
Receivables within one year -€32,687
Debts after one year -€62,000
Cash 2025 €9,381
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,644 €44,300 +€40,656 +1115.8%
Current assets 29/58 €3,644 €44,300 +€40,656 +1115.8%
Amounts receivable within one year 40/41 €2,231 €34,919 +€32,687 +1464.8%
Trade receivables 40 - €32,000 +€32,000
Other amounts receivable 41 €2,231 €2,919 +€687 +30.8%
Cash at bank and in hand 54/58 €1,412 €9,381 +€7,969 +564.3%
Total equity and liabilities 10/49 €3,644 €44,300 +€40,656 +1115.8%
Equity 10/15 -€506,947 -€404,291 +€102,656 +20.2%
Contributions 10/11 €61,973 €61,973 = 0.0%
Capital 10 €61,973 €61,973 = 0.0%
Issued capital 100 €61,973 €61,973 = 0.0%
Reserves 13 €6,197 €6,197 = 0.0%
Non-distributable reserves 130/1 €6,197 €6,197 = 0.0%
Legal reserve 130 €6,197 €6,197 = 0.0%
Profit (loss) carried forward 14 -€575,118 -€472,462 +€102,656 +17.8%
Amounts payable 17/49 €510,591 €448,591 -€62,000 -12.1%
Amounts payable after more than one year 17 €510,591 €448,591 -€62,000 -12.1%
Financial debts 170/4 €510,591 €448,591 -€62,000 -12.1%
Other operating charges 640/8 €299 €120 -€179 -59.8%
Gross operating margin 9900 €40,517 €102,916 +€62,399 +154.0%
Operating profit (loss) 9901 €40,219 €102,796 +€62,578 +155.6%
Financial income 75/76B €361 - -€361
Recurring financial income 75 €361 - -€361
Financial charges 65/66B €140 €140 = 0.0%
Recurring financial charges 65 €140 €140 = 0.0%
Profit (loss) for the period before taxes 9903 €40,440 €102,656 +€62,216 +153.8%
Profit (loss) for the period 9904 €40,440 €102,656 +€62,216 +153.8%
Profit (loss) for the period to be appropriated 9905 €40,440 €102,656 +€62,216 +153.8%

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 28 September 2026 via checked.be.