BRAINS@WORK: 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.
BRAINS@WORK
Largest movements
- Receivables within one year +€10,146
up €10,146 (+81.5%), from €12,456 to €22,602
of which Other amounts receivable: +€5,988
- Cash +€2,073
up €2,073 (+124.2%), from €1,669 to €3,742
mainly Other debts (+€13,468) and Depreciation (+€2,974)
- Current investments -€932
no longer reported in 2025 (was €932)
- Tangible fixed assets +€508
up €508 (+8.8%), from €5,773 to €6,281
of which Other tangible fixed assets: +€962
- Other debts +€13,468
new in 2025: €13,468
- Trade debts -€2,072
no longer reported in 2025 (was €2,072)
- Profit (loss) carried forward +€1,834
up €1,834 (+49.2%), from -€3,726 to -€1,892
- Tax, wage and social debts -€1,435
down €1,435 (-9.2%), from €15,664 to €14,229
of which Remuneration and social security: -€2,961
- Purchases and services +€39,397
up €39,397 (+25.6%), from €153,615 to €193,012
- Turnover +€23,832
up €23,832 (+15.9%), from €150,146 to €173,978
- Gross operating margin -€2,938
down €2,938 (-16.6%), from €17,717 to €14,779
- Taxes -€2,322
down €2,322 (-24.2%), from €9,584 to €7,262
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 | €20,830 | €32,625 | +€11,795 | +56.6% |
| Fixed assets | 21/28 | €5,773 | €6,281 | +€508 | +8.8% |
| Tangible fixed assets | 22/27 | €5,773 | €6,281 | +€508 | +8.8% |
| Furniture and vehicles | 24 | €1,517 | €1,062 | -€454 | -30.0% |
| Other tangible fixed assets | 26 | €4,256 | €5,218 | +€962 | +22.6% |
| Current assets | 29/58 | €15,057 | €26,344 | +€11,287 | +75.0% |
| Amounts receivable within one year | 40/41 | €12,456 | €22,602 | +€10,146 | +81.5% |
| Trade receivables | 40 | €12,456 | €16,614 | +€4,158 | +33.4% |
| Other amounts receivable | 41 | - | €5,988 | +€5,988 | |
| Current investments | 50/53 | €932 | - | -€932 | |
| Cash at bank and in hand | 54/58 | €1,669 | €3,742 | +€2,073 | +124.2% |
| Total equity and liabilities | 10/49 | €20,830 | €32,625 | +€11,795 | +56.6% |
| Equity | 10/15 | €3,094 | €4,928 | +€1,834 | +59.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,726 | -€1,892 | +€1,834 | +49.2% |
| Amounts payable | 17/49 | €17,736 | €27,697 | +€9,961 | +56.2% |
| Amounts payable within one year | 42/48 | €17,736 | €27,697 | +€9,961 | +56.2% |
| Trade debts | 44 | €2,072 | - | -€2,072 | |
| Suppliers | 440/4 | €2,072 | - | -€2,072 | |
| Taxes, remuneration and social security | 45 | €15,664 | €14,229 | -€1,435 | -9.2% |
| Taxes | 450/3 | €12,702 | €14,229 | +€1,527 | +12.0% |
| Remuneration and social security | 454/9 | €2,961 | - | -€2,961 | |
| Other amounts payable | 47/48 | - | €13,468 | +€13,468 | |
| Turnover | 70 | €150,146 | €173,978 | +€23,832 | +15.9% |
| Non-recurring operating income | 76A | - | €33,813 | +€33,813 | |
| Goods, raw materials, services and sundry goods | 60/61 | €153,615 | €193,012 | +€39,397 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,125 | €2,974 | -€151 | -4.8% |
| Other operating charges | 640/8 | €1,043 | €1,644 | +€601 | +57.6% |
| Gross operating margin | 9900 | €17,717 | €14,779 | -€2,938 | -16.6% |
| Operating profit (loss) | 9901 | €13,548 | €10,160 | -€3,388 | -25.0% |
| Financial charges | 65/66B | €890 | €1,064 | +€175 | +19.6% |
| Recurring financial charges | 65 | €890 | €1,064 | +€175 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €12,659 | €9,096 | -€3,562 | -28.1% |
| Income taxes | 67/77 | €9,584 | €7,262 | -€2,322 | -24.2% |
| Profit (loss) for the period | 9904 | €3,075 | €1,834 | -€1,241 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,075 | €1,834 | -€1,241 | -40.4% |
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 30 September 2026 via checked.be.