BRAINWAVE CONSULT: what changed
BRAINWAVE CONSULT
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Receivables within one year +€2,753
up €2,753 (+21.7%), from €12,694 to €15,447
of which Other amounts receivable: +€1,703
- Tangible fixed assets +€1,665
up €1,665 (+37.3%), from €4,469 to €6,134
of which Furniture and vehicles: +€2,409
- Cash -€1,269
down €1,269 (-3.9%), from €32,553 to €31,284
mainly Receivables after one year (-€30,000) and Investment in fixed assets (net) (-€3,648)
- Reserves +€31,041
up €31,041 (+80.7%), from €38,468 to €69,509
- Tax, wage and social debts +€2,017
up €2,017 (+18.2%), from €11,099 to €13,115
- Trade debts -€933
no longer reported in 2025 (was €933)
- Gross operating margin -€8,879
down €8,879 (-17.3%), from €51,244 to €42,365
- Taxes -€2,016
down €2,016 (-19.5%), from €10,340 to €8,324
- Depreciation +€1,540
up €1,540 (+348%), from €443 to €1,983
- Financial charges -€623
down €623 (-31.2%), from €1,996 to €1,373
- Financial income +€514
up €514 (+15,493%), from €3 to €518
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,124 | €84,857 | +€32,733 | +62.8% |
| Fixed assets | 21/28 | €4,469 | €6,134 | +€1,665 | +37.3% |
| Tangible fixed assets | 22/27 | €4,469 | €6,134 | +€1,665 | +37.3% |
| Plant, machinery and equipment | 23 | €3,525 | €2,782 | -€744 | -21.1% |
| Furniture and vehicles | 24 | €943 | €3,352 | +€2,409 | +255% |
| Current assets | 29/58 | €47,656 | €78,723 | +€31,067 | +65.2% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €12,694 | €15,447 | +€2,753 | +21.7% |
| Trade receivables | 40 | €11,326 | €12,376 | +€1,050 | +9.3% |
| Other amounts receivable | 41 | €1,368 | €3,071 | +€1,703 | +124% |
| Cash at bank and in hand | 54/58 | €32,553 | €31,284 | -€1,269 | -3.9% |
| Deferred charges and accrued income | 490/1 | €2,409 | €1,992 | -€417 | -17.3% |
| Total equity and liabilities | 10/49 | €52,124 | €84,857 | +€32,733 | +62.8% |
| Equity | 10/15 | €39,468 | €70,509 | +€31,041 | +78.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,468 | €69,509 | +€31,041 | +80.7% |
| Distributable reserves | 133 | €38,468 | €69,509 | +€31,041 | +80.7% |
| Amounts payable | 17/49 | €12,656 | €14,348 | +€1,692 | +13.4% |
| Amounts payable within one year | 42/48 | €12,031 | €13,115 | +€1,084 | +9.0% |
| Trade debts | 44 | €933 | - | -€933 | |
| Suppliers | 440/4 | €933 | - | -€933 | |
| Taxes, remuneration and social security | 45 | €11,099 | €13,115 | +€2,017 | +18.2% |
| Taxes | 450/3 | €11,099 | €13,115 | +€2,017 | +18.2% |
| Accrued charges and deferred income | 492/3 | €625 | €1,233 | +€608 | +97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €1,983 | +€1,540 | +348% |
| Other operating charges | 640/8 | - | €162 | +€162 | |
| Gross operating margin | 9900 | €51,244 | €42,365 | -€8,879 | -17.3% |
| Operating profit (loss) | 9901 | €50,801 | €40,220 | -€10,581 | -20.8% |
| Financial income | 75/76B | €3 | €518 | +€514 | +15,493% |
| Recurring financial income | 75 | €3 | €518 | +€514 | +15,493% |
| Financial charges | 65/66B | €1,996 | €1,373 | -€623 | -31.2% |
| Recurring financial charges | 65 | €1,996 | €1,373 | -€623 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €48,808 | €39,365 | -€9,443 | -19.3% |
| Income taxes | 67/77 | €10,340 | €8,324 | -€2,016 | -19.5% |
| Profit (loss) for the period | 9904 | €38,468 | €31,041 | -€7,427 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,468 | €31,041 | -€7,427 | -19.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.