BRAINTRAIN: 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.
BRAINTRAIN
Largest movements
- Receivables within one year +€40,165
up €40,165 (+48.1%), from €83,474 to €123,638
of which Other amounts receivable: +€20,450
- Tangible fixed assets -€26,453
down €26,453 (-32.1%), from €82,381 to €55,929
of which Leasing and similar rights: -€26,922
- Cash +€22,922
up €22,922 (+215%), from €10,669 to €33,591
mainly Net result for the year (+€43,439) and Depreciation (+€26,453)
- Deferred charges and accrued income -€3,159
down €3,159 (-29.4%), from €10,745 to €7,586
- Reserves +€43,439
up €43,439 (+34.3%), from €126,639 to €170,077
- Debts after one year -€11,818
down €11,818 (-36.6%), from €32,280 to €20,461
- Current portion of long-term debt -€9,589
down €9,589 (-44.8%), from €21,408 to €11,818
- Tax, wage and social debts +€9,317
up €9,317 (+124%), from €7,528 to €16,846
- Other debts +€4,580
up €4,580 (+232%), from €1,975 to €6,555
- Gross operating margin +€62,318
up €62,318 (+262%), from €23,822 to €86,140
- Taxes +€16,073
up €16,073 (+1,738%), from €925 to €16,998
- Depreciation +€6,206
up €6,206 (+30.6%), from €20,247 to €26,453
- Financial income +€2,224
up €2,224 (+134%), from €1,663 to €3,887
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 | €228,504 | €261,979 | +€33,475 | +14.6% |
| Fixed assets | 21/28 | €82,881 | €56,429 | -€26,453 | -31.9% |
| Tangible fixed assets | 22/27 | €82,381 | €55,929 | -€26,453 | -32.1% |
| Plant, machinery and equipment | 23 | €10,977 | €6,616 | -€4,361 | -39.7% |
| Furniture and vehicles | 24 | €5,073 | €9,904 | +€4,830 | +95.2% |
| Leasing and similar rights | 25 | €66,331 | €39,409 | -€26,922 | -40.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €145,623 | €205,551 | +€59,928 | +41.2% |
| Amounts receivable within one year | 40/41 | €83,474 | €123,638 | +€40,165 | +48.1% |
| Trade receivables | 40 | €37,223 | €56,938 | +€19,715 | +53.0% |
| Other amounts receivable | 41 | €46,250 | €66,700 | +€20,450 | +44.2% |
| Current investments | 50/53 | €40,735 | €40,735 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,669 | €33,591 | +€22,922 | +215% |
| Deferred charges and accrued income | 490/1 | €10,745 | €7,586 | -€3,159 | -29.4% |
| Total equity and liabilities | 10/49 | €228,504 | €261,979 | +€33,475 | +14.6% |
| Equity | 10/15 | €147,099 | €190,537 | +€43,439 | +29.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €126,639 | €170,077 | +€43,439 | +34.3% |
| Distributable reserves | 133 | €126,639 | €170,077 | +€43,439 | +34.3% |
| Amounts payable | 17/49 | €81,406 | €71,442 | -€9,963 | -12.2% |
| Amounts payable after more than one year | 17 | €32,280 | €20,461 | -€11,818 | -36.6% |
| Financial debts | 170/4 | €32,280 | €20,461 | -€11,818 | -36.6% |
| Amounts payable within one year | 42/48 | €49,126 | €50,981 | +€1,855 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €21,408 | €11,818 | -€9,589 | -44.8% |
| Financial debts | 43 | €3,454 | €3,444 | -€10 | -0.3% |
| Credit institutions | 430/8 | €3,454 | €3,444 | -€10 | -0.3% |
| Trade debts | 44 | €14,760 | €12,318 | -€2,443 | -16.5% |
| Suppliers | 440/4 | €14,760 | €12,318 | -€2,443 | -16.5% |
| Taxes, remuneration and social security | 45 | €7,528 | €16,846 | +€9,317 | +124% |
| Taxes | 450/3 | €7,528 | €16,846 | +€9,317 | +124% |
| Other amounts payable | 47/48 | €1,975 | €6,555 | +€4,580 | +232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,247 | €26,453 | +€6,206 | +30.6% |
| Other operating charges | 640/8 | €877 | €924 | +€48 | +5.4% |
| Gross operating margin | 9900 | €23,822 | €86,140 | +€62,318 | +262% |
| Operating profit (loss) | 9901 | €2,698 | €58,763 | +€56,065 | +2,078% |
| Financial income | 75/76B | €1,663 | €3,887 | +€2,224 | +134% |
| Recurring financial income | 75 | €1,663 | €3,887 | +€2,224 | +134% |
| Financial charges | 65/66B | €2,649 | €2,213 | -€435 | -16.4% |
| Recurring financial charges | 65 | €2,649 | €2,213 | -€435 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €1,713 | €60,437 | +€58,724 | +3,429% |
| Income taxes | 67/77 | €925 | €16,998 | +€16,073 | +1,738% |
| Profit (loss) for the period | 9904 | €788 | €43,439 | +€42,651 | +5,412% |
| Profit (loss) for the period to be appropriated | 9905 | €788 | €43,439 | +€42,651 | +5,412% |
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 14 October 2026 via checked.be.