BrainMatters: 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.
BrainMatters
Largest movements
- Receivables within one year +€30,057
up €30,057 (+1994.1%), from €1,507 to €31,564
of which Trade receivables: +€31,564
- Cash +€24,702
up €24,702 (+36.5%), from €67,636 to €92,338
mainly Net result for the year (+€64,636) and Other debts (+€44,717)
- Tangible fixed assets +€12,065
up €12,065 (+424.4%), from €2,843 to €14,908
of which Land and buildings: +€13,801
- Deferred charges and accrued income -€1,956
down €1,956 (-37.7%), from €5,183 to €3,227
- Reserves +€64,636
new in 2025: €64,636
- Profit (loss) carried forward -€58,578
down €58,578 (-100.0%), from €58,578 to €0
- Other debts +€44,717
up €44,717 (+279.3%), from €16,011 to €60,729
- Tax, wage and social debts +€11,227
up €11,227, from €0 to €11,227
- Trade debts +€2,866
up €2,866 (+494.4%), from €580 to €3,446
- Gross operating margin +€46,020
up €46,020 (+95.4%), from €48,236 to €94,256
- Taxes +€12,537
up €12,537 (+101.4%), from €12,361 to €24,898
- Depreciation +€1,382
up €1,382 (+252.5%), from €547 to €1,929
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 | €77,169 | €142,037 | +€64,868 | +84.1% |
| Fixed assets | 21/28 | €2,843 | €14,908 | +€12,065 | +424.4% |
| Tangible fixed assets | 22/27 | €2,843 | €14,908 | +€12,065 | +424.4% |
| Land and buildings | 22 | - | €13,801 | +€13,801 | |
| Plant, machinery and equipment | 23 | €891 | €0 | -€891 | -100.0% |
| Furniture and vehicles | 24 | €1,952 | €1,106 | -€845 | -43.3% |
| Current assets | 29/58 | €74,326 | €127,129 | +€52,803 | +71.0% |
| Amounts receivable within one year | 40/41 | €1,507 | €31,564 | +€30,057 | +1994.1% |
| Trade receivables | 40 | €0 | €31,564 | +€31,564 | |
| Other amounts receivable | 41 | €1,507 | €0 | -€1,507 | -100.0% |
| Cash at bank and in hand | 54/58 | €67,636 | €92,338 | +€24,702 | +36.5% |
| Deferred charges and accrued income | 490/1 | €5,183 | €3,227 | -€1,956 | -37.7% |
| Total equity and liabilities | 10/49 | €77,169 | €142,037 | +€64,868 | +84.1% |
| Equity | 10/15 | €60,578 | €66,636 | +€6,057 | +10.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €64,636 | +€64,636 | |
| Distributable reserves | 133 | - | €64,636 | +€64,636 | |
| Profit (loss) carried forward | 14 | €58,578 | €0 | -€58,578 | -100.0% |
| Amounts payable | 17/49 | €16,591 | €75,401 | +€58,810 | +354.5% |
| Amounts payable within one year | 42/48 | €16,591 | €75,401 | +€58,810 | +354.5% |
| Trade debts | 44 | €580 | €3,446 | +€2,866 | +494.4% |
| Suppliers | 440/4 | €580 | €3,446 | +€2,866 | +494.4% |
| Taxes, remuneration and social security | 45 | €0 | €11,227 | +€11,227 | |
| Taxes | 450/3 | €0 | €11,227 | +€11,227 | |
| Other amounts payable | 47/48 | €16,011 | €60,729 | +€44,717 | +279.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €547 | €1,929 | +€1,382 | +252.5% |
| Other operating charges | 640/8 | €46 | €444 | +€398 | +864.6% |
| Non-recurring operating charges | 66A | - | €891 | +€891 | |
| Gross operating margin | 9900 | €48,236 | €94,256 | +€46,020 | +95.4% |
| Operating profit (loss) | 9901 | €47,643 | €90,992 | +€43,349 | +91.0% |
| Financial income | 75/76B | €344 | €1 | -€344 | -99.8% |
| Recurring financial income | 75 | €344 | €1 | -€344 | -99.8% |
| Financial charges | 65/66B | €1,845 | €1,459 | -€386 | -20.9% |
| Recurring financial charges | 65 | €1,845 | €1,459 | -€386 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €46,142 | €89,533 | +€43,391 | +94.0% |
| Income taxes | 67/77 | €12,361 | €24,898 | +€12,537 | +101.4% |
| Profit (loss) for the period | 9904 | €33,781 | €64,636 | +€30,855 | +91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,781 | €64,636 | +€30,855 | +91.3% |
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.