BRAINTOURS: 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.
BRAINTOURS
Largest movements
- Cash +€17,853
up €17,853 (+32.0%), from €55,841 to €73,694
mainly Net result for the year (+€9,555) and Depreciation (+€7,593)
- Stocks and contracts -€6,750
down €6,750 (-32.2%), from €20,988 to €14,238
- Intangible fixed assets -€2,500
no longer reported in 2025 (was €2,500)
- Tangible fixed assets -€1,405
down €1,405 (-17.2%), from €8,159 to €6,754
- Receivables within one year -€1,098
down €1,098 (-14.2%), from €7,754 to €6,656
- Debts after one year -€10,946
down €10,946 (-44.3%), from €24,700 to €13,754
of which Financial debts: -€6,138
- Profit (loss) carried forward +€9,555
up €9,555 (+31.5%), from €30,289 to €39,845
- Trade debts +€6,074
up €6,074 (+257.5%), from €2,359 to €8,434
- Investment grants -€2,500
down €2,500 (-40.4%), from €6,192 to €3,692
- Tax, wage and social debts +€2,337
up €2,337 (+29.1%), from €8,020 to €10,357
of which Taxes: +€4,295
- Gross operating margin +€26,648
up €26,648 (+98.9%), from €26,932 to €53,581
- Staff costs +€14,963
up €14,963 (+98.6%), from €15,178 to €30,141
- Other operating charges -€1,847
down €1,847 (-43.8%), from €4,218 to €2,371
- Financial charges +€1,436
up €1,436 (+54.7%), from €2,624 to €4,060
- Financial income +€1,180
up €1,180 (+89.5%), from €1,320 to €2,500
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 | €95,242 | €101,341 | +€6,099 | +6.4% |
| Fixed assets | 21/28 | €10,659 | €6,754 | -€3,905 | -36.6% |
| Intangible fixed assets | 21 | €2,500 | - | -€2,500 | |
| Tangible fixed assets | 22/27 | €8,159 | €6,754 | -€1,405 | -17.2% |
| Furniture and vehicles | 24 | €8,159 | €6,754 | -€1,405 | -17.2% |
| Current assets | 29/58 | €84,583 | €94,588 | +€10,005 | +11.8% |
| Stocks and contracts in progress | 3 | €20,988 | €14,238 | -€6,750 | -32.2% |
| Stocks | 30/36 | €20,988 | €14,238 | -€6,750 | -32.2% |
| Amounts receivable within one year | 40/41 | €7,754 | €6,656 | -€1,098 | -14.2% |
| Trade receivables | 40 | €7,754 | €6,656 | -€1,098 | -14.2% |
| Cash at bank and in hand | 54/58 | €55,841 | €73,694 | +€17,853 | +32.0% |
| Total equity and liabilities | 10/49 | €95,242 | €101,341 | +€6,099 | +6.4% |
| Equity | 10/15 | €48,481 | €55,536 | +€7,055 | +14.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,289 | €39,845 | +€9,555 | +31.5% |
| Investment grants | 15 | €6,192 | €3,692 | -€2,500 | -40.4% |
| Amounts payable | 17/49 | €46,761 | €45,805 | -€956 | -2.0% |
| Amounts payable after more than one year | 17 | €24,700 | €13,754 | -€10,946 | -44.3% |
| Financial debts | 170/4 | €15,947 | €9,809 | -€6,138 | -38.5% |
| Other amounts payable | 178/9 | €8,753 | €3,945 | -€4,808 | -54.9% |
| Amounts payable within one year | 42/48 | €22,061 | €31,983 | +€9,923 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | €5,835 | €6,138 | +€303 | +5.2% |
| Trade debts | 44 | €2,359 | €8,434 | +€6,074 | +257.5% |
| Suppliers | 440/4 | €2,359 | €8,434 | +€6,074 | +257.5% |
| Advances received on contracts in progress | 46 | €5,846 | €7,055 | +€1,209 | +20.7% |
| Taxes, remuneration and social security | 45 | €8,020 | €10,357 | +€2,337 | +29.1% |
| Taxes | 450/3 | €6,061 | €10,357 | +€4,295 | +70.9% |
| Remuneration and social security | 454/9 | €1,959 | - | -€1,959 | |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Remuneration, social security and pensions | 62 | €15,178 | €30,141 | +€14,963 | +98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,344 | €7,593 | -€751 | -9.0% |
| Other operating charges | 640/8 | €4,218 | €2,371 | -€1,847 | -43.8% |
| Gross operating margin | 9900 | €26,932 | €53,581 | +€26,648 | +98.9% |
| Operating profit (loss) | 9901 | -€808 | €13,475 | +€14,283 | |
| Financial income | 75/76B | €1,320 | €2,500 | +€1,180 | +89.5% |
| Recurring financial income | 75 | €1,320 | €2,500 | +€1,180 | +89.5% |
| Financial charges | 65/66B | €2,624 | €4,060 | +€1,436 | +54.7% |
| Recurring financial charges | 65 | €2,624 | €4,060 | +€1,436 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,112 | €11,915 | +€14,027 | |
| Income taxes | 67/77 | €1,336 | €2,360 | +€1,024 | +76.7% |
| Profit (loss) for the period | 9904 | -€3,448 | €9,555 | +€13,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,448 | €9,555 | +€13,003 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.