BRAINM Clinics: 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.
BRAINM Clinics
Largest movements
- Intangible fixed assets +€293,429
up €293,429 (+466%), from €62,916 to €356,345
- Cash +€150,015
up €150,015 (+7.3%), from €2.1m to €2.2m
mainly Net result for the year (+€266,872) and Depreciation (+€260,034)
- Tangible fixed assets +€135,117
up €135,117 (+10.6%), from €1.3m to €1.4m
of which Other tangible fixed assets: +€73,408
- Receivables within one year +€87,264
up €87,264 (+22.9%), from €381,880 to €469,144
of which Trade receivables: +€76,248
- Profit (loss) carried forward +€266,872
up €266,872 (+78.8%), from -€338,823 to -€71,951
- Trade debts +€215,172
up €215,172 (+94.1%), from €228,599 to €443,771
- Debts after one year +€139,268
up €139,268 (+13.2%), from €1.1m to €1.2m
- Current portion of long-term debt +€79,830
up €79,830 (+95.1%), from €83,936 to €163,766
- Other debts -€60,354
down €60,354 (-87.0%), from €69,335 to €8,981
- Gross operating margin +€499,316
up €499,316 (+474%), from €105,386 to €604,702
- Depreciation +€129,257
up €129,257 (+98.8%), from €130,777 to €260,034
- Financial charges -€13,820
down €13,820 (-13.3%), from €104,186 to €90,367
of which Non-recurring financial charges: -€9,423
- Financial income -€10,593
down €10,593 (-29.9%), from €35,406 to €24,813
- Staff costs +€7,435
new in 2025: €7,435
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,158,779 | €4,812,400 | +€653,621 | +15.7% |
| Formation expenses | 20 | €185,911 | €153,069 | -€32,842 | -17.7% |
| Fixed assets | 21/28 | €1,335,792 | €1,764,338 | +€428,546 | +32.1% |
| Intangible fixed assets | 21 | €62,916 | €356,345 | +€293,429 | +466% |
| Tangible fixed assets | 22/27 | €1,272,876 | €1,407,992 | +€135,117 | +10.6% |
| Plant, machinery and equipment | 23 | €64,558 | €65,075 | +€517 | +0.8% |
| Furniture and vehicles | 24 | €1,833 | €19,987 | +€18,154 | +990% |
| Leasing and similar rights | 25 | €680,675 | €723,713 | +€43,038 | +6.3% |
| Other tangible fixed assets | 26 | €525,809 | €599,218 | +€73,408 | +14.0% |
| Current assets | 29/58 | €2,637,076 | €2,894,993 | +€257,916 | +9.8% |
| Amounts receivable within one year | 40/41 | €381,880 | €469,144 | +€87,264 | +22.9% |
| Trade receivables | 40 | €350,806 | €427,054 | +€76,248 | +21.7% |
| Other amounts receivable | 41 | €31,074 | €42,090 | +€11,016 | +35.5% |
| Current investments | 50/53 | €169,216 | €152,523 | -€16,693 | -9.9% |
| Cash at bank and in hand | 54/58 | €2,065,351 | €2,215,366 | +€150,015 | +7.3% |
| Deferred charges and accrued income | 490/1 | €20,629 | €57,960 | +€37,331 | +181% |
| Total equity and liabilities | 10/49 | €4,158,779 | €4,812,400 | +€653,621 | +15.7% |
| Equity | 10/15 | €2,636,199 | €2,903,071 | +€266,872 | +10.1% |
| Contributions | 10/11 | €2,975,022 | €2,975,022 | = | 0.0% |
| Capital | 10 | €720,429 | €720,429 | = | 0.0% |
| Issued capital | 100 | €720,429 | €720,429 | = | 0.0% |
| Contributions outside capital | 11 | €2,254,593 | €2,254,593 | = | 0.0% |
| Share premium | 1100/10 | €2,254,593 | €2,254,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€338,823 | -€71,951 | +€266,872 | +78.8% |
| Amounts payable | 17/49 | €1,522,580 | €1,909,329 | +€386,749 | +25.4% |
| Amounts payable after more than one year | 17 | €1,055,295 | €1,194,563 | +€139,268 | +13.2% |
| Financial debts | 170/4 | €1,055,295 | €1,194,563 | +€139,268 | +13.2% |
| Amounts payable within one year | 42/48 | €467,285 | €714,766 | +€247,481 | +53.0% |
| Current portion of amounts payable after more than one year | 42 | €83,936 | €163,766 | +€79,830 | +95.1% |
| Trade debts | 44 | €228,599 | €443,771 | +€215,172 | +94.1% |
| Suppliers | 440/4 | €228,599 | €443,771 | +€215,172 | +94.1% |
| Advances received on contracts in progress | 46 | €66,690 | €55,108 | -€11,582 | -17.4% |
| Taxes, remuneration and social security | 45 | €18,724 | €43,140 | +€24,416 | +130% |
| Taxes | 450/3 | €18,724 | €41,480 | +€22,755 | +122% |
| Remuneration and social security | 454/9 | - | €1,660 | +€1,660 | |
| Other amounts payable | 47/48 | €69,335 | €8,981 | -€60,354 | -87.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €7,435 | +€7,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,777 | €260,034 | +€129,257 | +98.8% |
| Other operating charges | 640/8 | €10,030 | €4,807 | -€5,223 | -52.1% |
| Gross operating margin | 9900 | €105,386 | €604,702 | +€499,316 | +474% |
| Operating profit (loss) | 9901 | -€35,421 | €332,425 | +€367,846 | |
| Financial income | 75/76B | €35,406 | €24,813 | -€10,593 | -29.9% |
| Recurring financial income | 75 | €35,406 | €24,813 | -€10,593 | -29.9% |
| Financial charges | 65/66B | €104,186 | €90,367 | -€13,820 | -13.3% |
| Recurring financial charges | 65 | €57,086 | €52,689 | -€4,397 | -7.7% |
| Non-recurring financial charges | 66B | €47,100 | €37,677 | -€9,423 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€104,202 | €266,872 | +€371,074 | |
| Profit (loss) for the period | 9904 | -€104,202 | €266,872 | +€371,074 | |
| Profit (loss) for the period to be appropriated | 9905 | -€104,202 | €266,872 | +€371,074 |
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 23 October 2026 via checked.be.