BRALETZ PRODUCTS: 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.
BRALETZ PRODUCTS
Largest movements
- Receivables within one year -€104,660
down €104,660 (-61.1%), from €171,228 to €66,568
of which Trade receivables: -€75,618
- Cash +€74,142
up €74,142 (+65.4%), from €113,442 to €187,584
mainly Receivables within one year (+€104,660) and Net result for the year (+€44,047)
- Tangible fixed assets -€7,324
down €7,324 (-22.9%), from €31,936 to €24,612
of which Land and buildings: -€4,848
- Trade debts -€33,578
down €33,578 (-61.1%), from €54,932 to €21,354
- Financial income -€24,959
down €24,959 (-75.3%), from €33,152 to €8,193
of which Non-recurring financial income: -€24,623
- Gross operating margin +€23,179
up €23,179 (+10.9%), from €211,715 to €234,894
- Taxes -€17,756
down €17,756 (-56.1%), from €31,645 to €13,889
- Financial charges +€9,745
up €9,745 (+651%), from €1,498 to €11,243
of which Non-recurring financial charges: +€11,243
- Staff costs -€9,695
down €9,695 (-5.7%), from €168,892 to €159,197
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 | €527,389 | €489,795 | -€37,594 | -7.1% |
| Fixed assets | 21/28 | €31,936 | €24,612 | -€7,324 | -22.9% |
| Tangible fixed assets | 22/27 | €31,936 | €24,612 | -€7,324 | -22.9% |
| Land and buildings | 22 | €19,152 | €14,304 | -€4,848 | -25.3% |
| Plant, machinery and equipment | 23 | €3,550 | €2,351 | -€1,199 | -33.8% |
| Furniture and vehicles | 24 | €9,234 | €7,957 | -€1,277 | -13.8% |
| Current assets | 29/58 | €495,453 | €465,183 | -€30,270 | -6.1% |
| Stocks and contracts in progress | 3 | €210,550 | €207,550 | -€3,000 | -1.4% |
| Stocks | 30/36 | €210,550 | €207,550 | -€3,000 | -1.4% |
| Amounts receivable within one year | 40/41 | €171,228 | €66,568 | -€104,660 | -61.1% |
| Trade receivables | 40 | €131,056 | €55,438 | -€75,618 | -57.7% |
| Other amounts receivable | 41 | €40,172 | €11,130 | -€29,042 | -72.3% |
| Cash at bank and in hand | 54/58 | €113,442 | €187,584 | +€74,142 | +65.4% |
| Deferred charges and accrued income | 490/1 | €233 | €3,481 | +€3,248 | +1,394% |
| Total equity and liabilities | 10/49 | €527,389 | €489,795 | -€37,594 | -7.1% |
| Equity | 10/15 | €446,202 | €445,249 | -€953 | -0.2% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €381,202 | €380,249 | -€953 | -0.2% |
| Distributable reserves | 133 | €381,202 | €380,249 | -€953 | -0.2% |
| Amounts payable | 17/49 | €81,187 | €44,546 | -€36,641 | -45.1% |
| Amounts payable within one year | 42/48 | €81,187 | €43,597 | -€37,590 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €2,083 | €2,083 | = | 0.0% |
| Trade debts | 44 | €54,932 | €21,354 | -€33,578 | -61.1% |
| Suppliers | 440/4 | €54,932 | €21,354 | -€33,578 | -61.1% |
| Taxes, remuneration and social security | 45 | €24,172 | €20,160 | -€4,012 | -16.6% |
| Taxes | 450/3 | €8,298 | €4,856 | -€3,442 | -41.5% |
| Remuneration and social security | 454/9 | €15,874 | €15,304 | -€570 | -3.6% |
| Accrued charges and deferred income | 492/3 | - | €949 | +€949 | |
| Remuneration, social security and pensions | 62 | €168,892 | €159,197 | -€9,695 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,157 | €11,053 | -€104 | -0.9% |
| Other operating charges | 640/8 | €6,055 | €3,658 | -€2,397 | -39.6% |
| Gross operating margin | 9900 | €211,715 | €234,894 | +€23,179 | +10.9% |
| Operating profit (loss) | 9901 | €25,611 | €60,986 | +€35,375 | +138% |
| Financial income | 75/76B | €33,152 | €8,193 | -€24,959 | -75.3% |
| Recurring financial income | 75 | €5,232 | €4,896 | -€336 | -6.4% |
| Non-recurring financial income | 76B | €27,920 | €3,297 | -€24,623 | -88.2% |
| Financial charges | 65/66B | €1,498 | €11,243 | +€9,745 | +651% |
| Recurring financial charges | 65 | €1,498 | €11,243 | +€9,745 | +651% |
| Non-recurring financial charges | 66B | - | €11,243 | +€11,243 | |
| Profit (loss) for the period before taxes | 9903 | €57,265 | €57,936 | +€671 | +1.2% |
| Income taxes | 67/77 | €31,645 | €13,889 | -€17,756 | -56.1% |
| Profit (loss) for the period | 9904 | €25,620 | €44,047 | +€18,427 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,620 | €44,047 | +€18,427 | +71.9% |
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 27 October 2026 via checked.be.