BRAINMOVE: 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.
BRAINMOVE
Largest movements
- Tangible fixed assets -€26,055
down €26,055 (-8.6%), from €303,334 to €277,280
of which Furniture and vehicles: -€16,795
- Receivables within one year +€16,378
up €16,378 (+35.5%), from €46,142 to €62,520
of which Trade receivables: +€16,378
- Cash -€6,752
down €6,752 (-27.9%), from €24,195 to €17,443
mainly Debts after one year (-€21,745) and Other debts (-€16,805)
- Debts after one year -€21,745
down €21,745 (-9.6%), from €225,874 to €204,129
- Reserves +€20,553
up €20,553 (+41.0%), from €50,121 to €70,674
- Other debts -€16,805
down €16,805 (-92.7%), from €18,125 to €1,320
- Trade debts +€10,522
up €10,522 (+157.3%), from €6,689 to €17,212
- Tax, wage and social debts -€4,260
down €4,260 (-11.1%), from €38,373 to €34,113
of which Taxes: -€7,053
- Gross operating margin +€17,748
up €17,748 (+12.7%), from €140,044 to €157,792
- Staff costs +€3,372
up €3,372 (+4.0%), from €83,567 to €86,939
- Taxes +€2,322
up €2,322 (+38.1%), from €6,098 to €8,419
- Financial charges +€1,650
up €1,650 (+25.2%), from €6,550 to €8,199
- Depreciation +€1,623
up €1,623 (+5.4%), from €30,066 to €31,689
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 | €383,305 | €369,228 | -€14,077 | -3.7% |
| Fixed assets | 21/28 | €303,334 | €277,280 | -€26,055 | -8.6% |
| Tangible fixed assets | 22/27 | €303,334 | €277,280 | -€26,055 | -8.6% |
| Land and buildings | 22 | €253,025 | €246,660 | -€6,365 | -2.5% |
| Furniture and vehicles | 24 | €29,441 | €12,646 | -€16,795 | -57.0% |
| Other tangible fixed assets | 26 | €20,868 | €17,973 | -€2,895 | -13.9% |
| Current assets | 29/58 | €79,971 | €91,948 | +€11,977 | +15.0% |
| Amounts receivable after more than one year | 29 | €7,694 | €7,694 | = | 0.0% |
| Other amounts receivable | 291 | €7,694 | €7,694 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,142 | €62,520 | +€16,378 | +35.5% |
| Trade receivables | 40 | €46,142 | €62,520 | +€16,378 | +35.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,195 | €17,443 | -€6,752 | -27.9% |
| Deferred charges and accrued income | 490/1 | €1,940 | €4,291 | +€2,351 | +121.2% |
| Total equity and liabilities | 10/49 | €383,305 | €369,228 | -€14,077 | -3.7% |
| Equity | 10/15 | €68,721 | €89,274 | +€20,553 | +29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,121 | €70,674 | +€20,553 | +41.0% |
| Distributable reserves | 133 | €50,121 | €70,674 | +€20,553 | +41.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €314,584 | €279,954 | -€34,630 | -11.0% |
| Amounts payable after more than one year | 17 | €225,874 | €204,129 | -€21,745 | -9.6% |
| Financial debts | 170/4 | €225,874 | €204,129 | -€21,745 | -9.6% |
| Amounts payable within one year | 42/48 | €86,752 | €75,824 | -€10,928 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €23,565 | €23,179 | -€386 | -1.6% |
| Trade debts | 44 | €6,689 | €17,212 | +€10,522 | +157.3% |
| Suppliers | 440/4 | €6,689 | €17,212 | +€10,522 | +157.3% |
| Taxes, remuneration and social security | 45 | €38,373 | €34,113 | -€4,260 | -11.1% |
| Taxes | 450/3 | €21,863 | €14,810 | -€7,053 | -32.3% |
| Remuneration and social security | 454/9 | €16,510 | €19,304 | +€2,793 | +16.9% |
| Other amounts payable | 47/48 | €18,125 | €1,320 | -€16,805 | -92.7% |
| Accrued charges and deferred income | 492/3 | €1,957 | €0 | -€1,957 | -100.0% |
| Non-recurring operating income | 76A | - | €8,755 | +€8,755 | |
| Remuneration, social security and pensions | 62 | €83,567 | €86,939 | +€3,372 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,066 | €31,689 | +€1,623 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,687 | €2,558 | -€129 | -4.8% |
| Gross operating margin | 9900 | €140,044 | €157,792 | +€17,748 | +12.7% |
| Operating profit (loss) | 9901 | €23,724 | €36,606 | +€12,882 | +54.3% |
| Financial income | 75/76B | €668 | €565 | -€103 | -15.4% |
| Recurring financial income | 75 | €668 | €565 | -€103 | -15.4% |
| Financial charges | 65/66B | €6,550 | €8,199 | +€1,650 | +25.2% |
| Recurring financial charges | 65 | €6,550 | €8,199 | +€1,650 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €17,843 | €28,972 | +€11,129 | +62.4% |
| Income taxes | 67/77 | €6,098 | €8,419 | +€2,322 | +38.1% |
| Profit (loss) for the period | 9904 | €11,745 | €20,553 | +€8,807 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,745 | €20,553 | +€8,807 | +75.0% |
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.