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BRAINSTORM PROJECTS: 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.

What changed

BRAINSTORM PROJECTS

BE 0475.379.875
NACE 90.201, Performing arts by independent artists
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,760
2024 · -€4,488+€10,248
Equity
-€19,888
2024 · -€25,647+€5,760
Cash
-
not filed
Balance sheet total
€7,134
2024 · €10,801-€3,667

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€2,380

    down €2,380 (-61.8%), from €3,852 to €1,471

  • Tangible fixed assets -€1,287

    down €1,287 (-23.7%), from €5,429 to €4,142

    of which Land and buildings: -€1,056

Equity and liabilities
  • Profit (loss) carried forward +€5,760

    up €5,760 (+17.1%), from -€33,704 to -€27,944

  • Other debts -€4,169

    down €4,169 (-79.5%), from €5,243 to €1,074

  • Short-term financial debts -€3,458

    down €3,458 (-24.0%), from €14,380 to €10,922

    of which Credit institutions: -€6,014

  • Tax, wage and social debts -€2,684

    down €2,684 (-16.0%), from €16,800 to €14,116

    of which Remuneration and social security: -€10,384

  • Trade debts +€884

    up €884 (+3568.7%), from €25 to €909

Income statement
  • Gross operating margin +€11,923

    up €11,923, from -€1,824 to €10,099

  • Other operating charges +€1,460

    up €1,460 (+606.1%), from €241 to €1,701

  • Depreciation +€294

    up €294 (+29.7%), from €992 to €1,287

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€4,488
Gross operating margin +€11,923
Depreciation -€294
Other operating charges -€1,460
Financial income +€6
Financial charges +€73
Result 2025 €5,760

Cash bridge derived

cash 2024 to 2025

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 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €10,801 €7,134 -€3,667 -34.0%
Fixed assets 21/28 €6,949 €5,663 -€1,287 -18.5%
Tangible fixed assets 22/27 €5,429 €4,142 -€1,287 -23.7%
Land and buildings 22 €4,520 €3,464 -€1,056 -23.4%
Furniture and vehicles 24 €908 €678 -€230 -25.4%
Financial fixed assets 28 €1,521 €1,521 = 0.0%
Current assets 29/58 €3,852 €1,471 -€2,380 -61.8%
Amounts receivable within one year 40/41 €3,852 €1,471 -€2,380 -61.8%
Trade receivables 40 €3,852 €1,471 -€2,380 -61.8%
Total equity and liabilities 10/49 €10,801 €7,134 -€3,667 -34.0%
Equity 10/15 -€25,647 -€19,888 +€5,760 +22.5%
Contributions 10/11 €6,197 €6,197 = 0.0%
Reserves 13 €1,859 €1,859 = 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Profit (loss) carried forward 14 -€33,704 -€27,944 +€5,760 +17.1%
Amounts payable 17/49 €36,448 €27,022 -€9,427 -25.9%
Amounts payable within one year 42/48 €36,448 €27,022 -€9,427 -25.9%
Financial debts 43 €14,380 €10,922 -€3,458 -24.0%
Credit institutions 430/8 €6,967 €952 -€6,014 -86.3%
Other loans 439 €7,413 €9,970 +€2,557 +34.5%
Trade debts 44 €25 €909 +€884 +3568.7%
Suppliers 440/4 €25 €909 +€884 +3568.7%
Taxes, remuneration and social security 45 €16,800 €14,116 -€2,684 -16.0%
Taxes 450/3 €340 €8,040 +€7,700 +2264.8%
Remuneration and social security 454/9 €16,460 €6,076 -€10,384 -63.1%
Other amounts payable 47/48 €5,243 €1,074 -€4,169 -79.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €992 €1,287 +€294 +29.7%
Other operating charges 640/8 €241 €1,701 +€1,460 +606.1%
Gross operating margin 9900 -€1,824 €10,099 +€11,923
Operating profit (loss) 9901 -€3,057 €7,111 +€10,169
Financial income 75/76B - €6 +€6
Recurring financial income 75 - €6 +€6
Financial charges 65/66B €1,431 €1,358 -€73 -5.1%
Recurring financial charges 65 €1,431 €1,358 -€73 -5.1%
Profit (loss) for the period before taxes 9903 -€4,488 €5,760 +€10,248
Profit (loss) for the period 9904 -€4,488 €5,760 +€10,248
Profit (loss) for the period to be appropriated 9905 -€4,488 €5,760 +€10,248

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 29 September 2026 via checked.be.