BRAINS MEDICAL: 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.
BRAINS MEDICAL
Largest movements
- Receivables within one year +€54,745
up €54,745 (+83.7%), from €65,434 to €120,179
of which Trade receivables: +€58,069
- Cash -€19,644
down €19,644 (-79.5%), from €24,712 to €5,068
mainly Receivables within one year (-€54,745) and Debts after one year (-€9,764)
- Reserves +€35,268
up €35,268 (+965%), from €3,656 to €38,924
of which Distributable reserves: +€35,268
- Tax, wage and social debts +€15,667
up €15,667 (+1,408%), from €1,113 to €16,780
- Debts after one year -€9,764
down €9,764 (-27.0%), from €36,138 to €26,374
- Trade debts -€4,646
down €4,646 (-14.4%), from €32,177 to €27,531
- Gross operating margin +€46,637
up €46,637 (+339%), from €13,775 to €60,412
- Taxes +€10,943
up €10,943 (+983%), from €1,113 to €12,056
- Depreciation +€2,775
up €2,775 (+68.2%), from €4,071 to €6,846
- Staff costs +€1,954
new in 2025: €1,954
- Financial charges -€782
down €782 (-28.8%), from €2,715 to €1,933
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 | €125,378 | €161,834 | +€36,456 | +29.1% |
| Fixed assets | 21/28 | €35,232 | €36,587 | +€1,355 | +3.8% |
| Tangible fixed assets | 22/27 | €35,232 | €36,587 | +€1,355 | +3.8% |
| Furniture and vehicles | 24 | €13,431 | €17,152 | +€3,721 | +27.7% |
| Other tangible fixed assets | 26 | €21,801 | €19,435 | -€2,366 | -10.9% |
| Current assets | 29/58 | €90,146 | €125,247 | +€35,101 | +38.9% |
| Amounts receivable within one year | 40/41 | €65,434 | €120,179 | +€54,745 | +83.7% |
| Trade receivables | 40 | €62,110 | €120,179 | +€58,069 | +93.5% |
| Other amounts receivable | 41 | €3,324 | - | -€3,324 | |
| Cash at bank and in hand | 54/58 | €24,712 | €5,068 | -€19,644 | -79.5% |
| Total equity and liabilities | 10/49 | €125,378 | €161,834 | +€36,456 | +29.1% |
| Equity | 10/15 | €23,656 | €58,924 | +€35,268 | +149% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,656 | €38,924 | +€35,268 | +965% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,656 | €36,924 | +€35,268 | +2,130% |
| Amounts payable | 17/49 | €101,722 | €102,910 | +€1,188 | +1.2% |
| Amounts payable after more than one year | 17 | €36,138 | €26,374 | -€9,764 | -27.0% |
| Financial debts | 170/4 | €36,138 | €26,374 | -€9,764 | -27.0% |
| Amounts payable within one year | 42/48 | €65,584 | €76,536 | +€10,952 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €9,343 | €9,763 | +€420 | +4.5% |
| Trade debts | 44 | €32,177 | €27,531 | -€4,646 | -14.4% |
| Suppliers | 440/4 | €32,177 | €27,531 | -€4,646 | -14.4% |
| Taxes, remuneration and social security | 45 | €1,113 | €16,780 | +€15,667 | +1,408% |
| Taxes | 450/3 | €1,113 | €16,780 | +€15,667 | +1,408% |
| Other amounts payable | 47/48 | €22,951 | €22,462 | -€489 | -2.1% |
| Remuneration, social security and pensions | 62 | - | €1,954 | +€1,954 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,071 | €6,846 | +€2,775 | +68.2% |
| Other operating charges | 640/8 | €2,220 | €2,355 | +€135 | +6.1% |
| Gross operating margin | 9900 | €13,775 | €60,412 | +€46,637 | +339% |
| Operating profit (loss) | 9901 | €7,484 | €49,257 | +€41,773 | +558% |
| Financial charges | 65/66B | €2,715 | €1,933 | -€782 | -28.8% |
| Recurring financial charges | 65 | €2,715 | €1,933 | -€782 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €4,769 | €47,324 | +€42,555 | +892% |
| Income taxes | 67/77 | €1,113 | €12,056 | +€10,943 | +983% |
| Profit (loss) for the period | 9904 | €3,656 | €35,268 | +€31,612 | +865% |
| Profit (loss) for the period to be appropriated | 9905 | €3,656 | €35,268 | +€31,612 | +865% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.