BRAINE LIGHT: 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.
BRAINE LIGHT
Largest movements
- Receivables within one year +€15,396
up €15,396 (+44.2%), from €34,848 to €50,244
of which Trade receivables: +€15,858
- Tangible fixed assets +€3,754
up €3,754 (+4.2%), from €89,352 to €93,105
of which Land and buildings: +€5,568
- Reserves +€8,298
up €8,298 (+33.9%), from €24,484 to €32,781
- Other debts +€7,450
up €7,450 (+4.6%), from €161,538 to €168,989
- Gross operating margin +€939
up €939 (+4.1%), from €22,709 to €23,648
- Depreciation +€736
up €736 (+9.8%), from €7,511 to €8,246
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 | €289,191 | €308,811 | +€19,620 | +6.8% |
| Fixed assets | 21/28 | €92,052 | €95,805 | +€3,754 | +4.1% |
| Tangible fixed assets | 22/27 | €89,352 | €93,105 | +€3,754 | +4.2% |
| Land and buildings | 22 | €79,274 | €84,842 | +€5,568 | +7.0% |
| Plant, machinery and equipment | 23 | €9,046 | €7,386 | -€1,660 | -18.4% |
| Furniture and vehicles | 24 | €1,032 | €878 | -€154 | -14.9% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €197,139 | €213,006 | +€15,867 | +8.0% |
| Stocks and contracts in progress | 3 | €162,231 | €161,629 | -€601 | -0.4% |
| Stocks | 30/36 | €162,231 | €161,629 | -€601 | -0.4% |
| Amounts receivable within one year | 40/41 | €34,848 | €50,244 | +€15,396 | +44.2% |
| Trade receivables | 40 | €24,357 | €40,215 | +€15,858 | +65.1% |
| Other amounts receivable | 41 | €10,491 | €10,029 | -€462 | -4.4% |
| Cash at bank and in hand | 54/58 | €60 | €1,132 | +€1,072 | +1772.1% |
| Total equity and liabilities | 10/49 | €289,191 | €308,811 | +€19,620 | +6.8% |
| Equity | 10/15 | €86,484 | €94,781 | +€8,298 | +9.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €24,484 | €32,781 | +€8,298 | +33.9% |
| Distributable reserves | 133 | €24,484 | €32,781 | +€8,298 | +33.9% |
| Provisions and deferred taxes | 16 | €30,452 | €30,452 | = | 0.0% |
| Deferred taxes | 168 | €30,452 | €30,452 | = | 0.0% |
| Amounts payable | 17/49 | €172,256 | €183,578 | +€11,323 | +6.6% |
| Amounts payable within one year | 42/48 | €172,256 | €182,610 | +€10,354 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €3,077 | €3,081 | +€4 | +0.1% |
| Trade debts | 44 | €2,443 | €2,803 | +€360 | +14.7% |
| Suppliers | 440/4 | €2,443 | €2,803 | +€360 | +14.7% |
| Taxes, remuneration and social security | 45 | €5,197 | €7,737 | +€2,540 | +48.9% |
| Taxes | 450/3 | €197 | €237 | +€40 | +20.2% |
| Remuneration and social security | 454/9 | €5,000 | €7,500 | +€2,500 | +50.0% |
| Other amounts payable | 47/48 | €161,538 | €168,989 | +€7,450 | +4.6% |
| Accrued charges and deferred income | 492/3 | - | €968 | +€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,511 | €8,246 | +€736 | +9.8% |
| Other operating charges | 640/8 | €2,841 | €2,700 | -€141 | -5.0% |
| Gross operating margin | 9900 | €22,709 | €23,648 | +€939 | +4.1% |
| Operating profit (loss) | 9901 | €12,357 | €12,701 | +€344 | +2.8% |
| Financial income | 75/76B | €55 | €222 | +€168 | +304.8% |
| Recurring financial income | 75 | €55 | €222 | +€168 | +304.8% |
| Financial charges | 65/66B | €823 | €671 | -€153 | -18.6% |
| Recurring financial charges | 65 | €823 | €671 | -€153 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €11,589 | €12,253 | +€664 | +5.7% |
| Income taxes | 67/77 | €3,901 | €3,956 | +€54 | +1.4% |
| Profit (loss) for the period | 9904 | €7,688 | €8,298 | +€610 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,688 | €8,298 | +€610 | +7.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.