BRAINMATCH: 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.
BRAINMATCH
Largest movements
- Tangible fixed assets -€24,507
down €24,507 (-21.1%), from €116,198 to €91,691
of which Furniture and vehicles: -€17,589
- Receivables within one year +€14,197
up €14,197 (+5.9%), from €239,653 to €253,849
of which Trade receivables: +€23,979
- Tax, wage and social debts -€30,362
down €30,362 (-82.1%), from €36,963 to €6,601
of which Taxes: -€19,709
- Profit (loss) carried forward -€18,263
down €18,263 (-10.8%), from €168,878 to €150,615
- Trade debts +€18,239
up €18,239 (+26.3%), from €69,270 to €87,509
- Other debts +€16,488
up €16,488 (+19.4%), from €84,887 to €101,375
- Gross operating margin -€119,378
down €119,378 (-78.1%), from €152,829 to €33,451
- Staff costs -€101,892
down €101,892 (-87.1%), from €116,986 to €15,094
- Other operating charges -€43,837
down €43,837 (-86.5%), from €50,698 to €6,861
- Depreciation +€6,409
up €6,409 (+33.2%), from €19,299 to €25,707
- Taxes +€1,838
up €1,838 (+123.9%), from €1,484 to €3,322
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,875 | €350,549 | -€14,327 | -3.9% |
| Fixed assets | 21/28 | €120,847 | €95,140 | -€25,707 | -21.3% |
| Intangible fixed assets | 21 | €4,534 | €3,334 | -€1,200 | -26.5% |
| Tangible fixed assets | 22/27 | €116,198 | €91,691 | -€24,507 | -21.1% |
| Land and buildings | 22 | €9,009 | €7,971 | -€1,038 | -11.5% |
| Furniture and vehicles | 24 | €62,260 | €44,671 | -€17,589 | -28.3% |
| Other tangible fixed assets | 26 | €44,929 | €39,049 | -€5,880 | -13.1% |
| Financial fixed assets | 28 | €116 | €116 | = | 0.0% |
| Current assets | 29/58 | €244,028 | €255,408 | +€11,380 | +4.7% |
| Amounts receivable within one year | 40/41 | €239,653 | €253,849 | +€14,197 | +5.9% |
| Trade receivables | 40 | €229,870 | €253,849 | +€23,979 | +10.4% |
| Other amounts receivable | 41 | €9,782 | - | -€9,782 | |
| Deferred charges and accrued income | 490/1 | €4,375 | €1,559 | -€2,816 | -64.4% |
| Total equity and liabilities | 10/49 | €364,875 | €350,549 | -€14,327 | -3.9% |
| Equity | 10/15 | €169,878 | €151,615 | -€18,263 | -10.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,878 | €150,615 | -€18,263 | -10.8% |
| Amounts payable | 17/49 | €194,997 | €198,933 | +€3,936 | +2.0% |
| Amounts payable within one year | 42/48 | €194,997 | €198,933 | +€3,936 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €2,197 | - | -€2,197 | |
| Financial debts | 43 | €1,680 | €3,447 | +€1,767 | +105.2% |
| Credit institutions | 430/8 | €1,680 | €3,447 | +€1,767 | +105.2% |
| Trade debts | 44 | €69,270 | €87,509 | +€18,239 | +26.3% |
| Suppliers | 440/4 | €69,270 | €87,509 | +€18,239 | +26.3% |
| Taxes, remuneration and social security | 45 | €36,963 | €6,601 | -€30,362 | -82.1% |
| Taxes | 450/3 | €26,310 | €6,601 | -€19,709 | -74.9% |
| Remuneration and social security | 454/9 | €10,653 | - | -€10,653 | |
| Other amounts payable | 47/48 | €84,887 | €101,375 | +€16,488 | +19.4% |
| Remuneration, social security and pensions | 62 | €116,986 | €15,094 | -€101,892 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,299 | €25,707 | +€6,409 | +33.2% |
| Other operating charges | 640/8 | €50,698 | €6,861 | -€43,837 | -86.5% |
| Non-recurring operating charges | 66A | €536 | - | -€536 | |
| Gross operating margin | 9900 | €152,829 | €33,451 | -€119,378 | -78.1% |
| Operating profit (loss) | 9901 | -€34,689 | -€14,211 | +€20,478 | +59.0% |
| Financial income | 75/76B | €360 | - | -€360 | |
| Recurring financial income | 75 | €360 | - | -€360 | |
| Financial charges | 65/66B | €668 | €729 | +€61 | +9.1% |
| Recurring financial charges | 65 | €668 | €729 | +€61 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,998 | -€14,941 | +€20,057 | +57.3% |
| Income taxes | 67/77 | €1,484 | €3,322 | +€1,838 | +123.9% |
| Profit (loss) for the period | 9904 | -€36,482 | -€18,263 | +€18,219 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,482 | -€18,263 | +€18,219 | +49.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.