BRAINTRONIC SYSTEMS INSTALLATIONS: 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.
BRAINTRONIC SYSTEMS INSTALLATIONS
Largest movements
- Receivables within one year +€116,105
up €116,105 (+18.3%), from €635,626 to €751,731
- Tangible fixed assets -€21,423
down €21,423 (-12.8%), from €167,601 to €146,178
of which Land and buildings: -€19,895
- Cash +€16,700
up €16,700 (+23.0%), from €72,564 to €89,264
mainly Trade debts (+€162,936) and Current portion of long-term debt (+€38,071)
- Trade debts +€162,936
up €162,936 (+38.7%), from €420,548 to €583,484
- Tax, wage and social debts -€62,778
down €62,778 (-96.7%), from €64,949 to €2,171
of which Taxes: -€37,060
- Debts after one year -€38,235
down €38,235 (-87.9%), from €43,505 to €5,270
of which Financial debts: -€38,235
- Current portion of long-term debt +€38,071
up €38,071 (+198%), from €19,254 to €57,325
- Profit (loss) carried forward +€20,926
up €20,926 (+8.0%), from €261,672 to €282,598
- Taxes -€28,861
down €28,861, from €21,500 to -€7,361
- Gross operating margin +€26,771
up €26,771 (+7.2%), from €372,346 to €399,117
- Staff costs +€26,024
up €26,024 (+8.1%), from €322,718 to €348,742
- Provisions +€16,698
up €16,698, from -€16,005 to €693
- Depreciation -€4,762
down €4,762 (-13.0%), from €36,616 to €31,854
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 | €888,310 | €1,009,230 | +€120,920 | +13.6% |
| Fixed assets | 21/28 | €167,601 | €152,208 | -€15,393 | -9.2% |
| Tangible fixed assets | 22/27 | €167,601 | €146,178 | -€21,423 | -12.8% |
| Land and buildings | 22 | €101,874 | €81,979 | -€19,895 | -19.5% |
| Plant, machinery and equipment | 23 | €6,493 | €5,959 | -€534 | -8.2% |
| Furniture and vehicles | 24 | €59,234 | €58,240 | -€994 | -1.7% |
| Financial fixed assets | 28 | - | €6,030 | +€6,030 | |
| Current assets | 29/58 | €720,709 | €857,022 | +€136,313 | +18.9% |
| Stocks and contracts in progress | 3 | €12,519 | €12,979 | +€460 | +3.7% |
| Stocks | 30/36 | €12,519 | €12,979 | +€460 | +3.7% |
| Amounts receivable within one year | 40/41 | €635,626 | €751,731 | +€116,105 | +18.3% |
| Trade receivables | 40 | €635,626 | €751,731 | +€116,105 | +18.3% |
| Current investments | 50/53 | - | €3,048 | +€3,048 | |
| Cash at bank and in hand | 54/58 | €72,564 | €89,264 | +€16,700 | +23.0% |
| Total equity and liabilities | 10/49 | €888,310 | €1,009,230 | +€120,920 | +13.6% |
| Equity | 10/15 | €334,965 | €355,891 | +€20,926 | +6.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Share premium | 1100/10 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €11,293 | €11,293 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,831 | €6,831 | = | 0.0% |
| Legal reserve | 130 | €6,831 | €6,831 | = | 0.0% |
| Distributable reserves | 133 | €4,462 | €4,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,672 | €282,598 | +€20,926 | +8.0% |
| Amounts payable | 17/49 | €553,345 | €653,339 | +€99,994 | +18.1% |
| Amounts payable after more than one year | 17 | €43,505 | €5,270 | -€38,235 | -87.9% |
| Financial debts | 170/4 | €38,235 | - | -€38,235 | |
| Other amounts payable | 178/9 | €5,270 | €5,270 | = | 0.0% |
| Amounts payable within one year | 42/48 | €504,751 | €642,980 | +€138,229 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €19,254 | €57,325 | +€38,071 | +198% |
| Trade debts | 44 | €420,548 | €583,484 | +€162,936 | +38.7% |
| Suppliers | 440/4 | €420,548 | €583,484 | +€162,936 | +38.7% |
| Taxes, remuneration and social security | 45 | €64,949 | €2,171 | -€62,778 | -96.7% |
| Taxes | 450/3 | €39,231 | €2,171 | -€37,060 | -94.5% |
| Remuneration and social security | 454/9 | €25,718 | - | -€25,718 | |
| Accrued charges and deferred income | 492/3 | €5,089 | €5,089 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €322,718 | €348,742 | +€26,024 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,616 | €31,854 | -€4,762 | -13.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€16,005 | €693 | +€16,698 | |
| Other operating charges | 640/8 | €4,062 | €3,329 | -€733 | -18.0% |
| Gross operating margin | 9900 | €372,346 | €399,117 | +€26,771 | +7.2% |
| Operating profit (loss) | 9901 | €24,955 | €14,499 | -€10,456 | -41.9% |
| Financial charges | 65/66B | €1,945 | €934 | -€1,011 | -52.0% |
| Recurring financial charges | 65 | €1,945 | €934 | -€1,011 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €23,010 | €13,565 | -€9,445 | -41.0% |
| Income taxes | 67/77 | €21,500 | -€7,361 | -€28,861 | |
| Profit (loss) for the period | 9904 | €1,510 | €20,926 | +€19,416 | +1,286% |
| Profit (loss) for the period to be appropriated | 9905 | €1,510 | €20,926 | +€19,416 | +1,286% |
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 13 October 2026 via checked.be.