BRALUCO: 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.
BRALUCO
Largest movements
- Cash +€7,002
up €7,002 (+31.7%), from €22,116 to €29,118
mainly Net result for the year (+€50,751) and Other debts (+€38,048)
- Receivables within one year +€6,854
up €6,854 (+18.7%), from €36,708 to €43,562
of which Trade receivables: +€5,401
- Tangible fixed assets +€4,843
up €4,843 (+79.0%), from €6,132 to €10,975
of which Other tangible fixed assets: +€9,593
- Deferred charges and accrued income +€1,355
up €1,355 (+532.3%), from €255 to €1,610
- Other debts +€38,048
up €38,048 (+89.1%), from €42,703 to €80,751
- Profit (loss) carried forward -€22,781
no longer reported in 2025 (was €22,781)
- Trade debts -€14,374
down €14,374 (-87.0%), from €16,520 to €2,146
- Short-term financial debts +€9,523
new in 2025: €9,523
- Tax, wage and social debts +€9,510
up €9,510 (+46.3%), from €20,532 to €30,043
of which Taxes: +€11,600
- Gross operating margin +€39,540
up €39,540 (+105.6%), from €37,450 to €76,990
- Taxes +€10,572
up €10,572 (+97.3%), from €10,870 to €21,441
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 | €107,711 | €127,765 | +€20,055 | +18.6% |
| Fixed assets | 21/28 | €48,632 | €53,475 | +€4,843 | +10.0% |
| Tangible fixed assets | 22/27 | €6,132 | €10,975 | +€4,843 | +79.0% |
| Land and buildings | 22 | €4,575 | - | -€4,575 | |
| Plant, machinery and equipment | 23 | €1,557 | €1,382 | -€175 | -11.2% |
| Other tangible fixed assets | 26 | - | €9,593 | +€9,593 | |
| Financial fixed assets | 28 | €42,500 | €42,500 | = | 0.0% |
| Current assets | 29/58 | €59,079 | €74,290 | +€15,211 | +25.7% |
| Amounts receivable within one year | 40/41 | €36,708 | €43,562 | +€6,854 | +18.7% |
| Trade receivables | 40 | €36,708 | €42,110 | +€5,401 | +14.7% |
| Other amounts receivable | 41 | - | €1,453 | +€1,453 | |
| Cash at bank and in hand | 54/58 | €22,116 | €29,118 | +€7,002 | +31.7% |
| Deferred charges and accrued income | 490/1 | €255 | €1,610 | +€1,355 | +532.3% |
| Total equity and liabilities | 10/49 | €107,711 | €127,765 | +€20,055 | +18.6% |
| Equity | 10/15 | €27,781 | €5,000 | -€22,781 | -82.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,781 | - | -€22,781 | |
| Amounts payable | 17/49 | €79,929 | €122,765 | +€42,836 | +53.6% |
| Amounts payable within one year | 42/48 | €79,756 | €122,463 | +€42,707 | +53.5% |
| Financial debts | 43 | - | €9,523 | +€9,523 | |
| Credit institutions | 430/8 | - | €9,523 | +€9,523 | |
| Trade debts | 44 | €16,520 | €2,146 | -€14,374 | -87.0% |
| Suppliers | 440/4 | €16,520 | €2,146 | -€14,374 | -87.0% |
| Taxes, remuneration and social security | 45 | €20,532 | €30,043 | +€9,510 | +46.3% |
| Taxes | 450/3 | €18,443 | €30,043 | +€11,600 | +62.9% |
| Remuneration and social security | 454/9 | €2,089 | - | -€2,089 | |
| Other amounts payable | 47/48 | €42,703 | €80,751 | +€38,048 | +89.1% |
| Accrued charges and deferred income | 492/3 | €173 | €302 | +€129 | +74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,400 | €2,073 | +€672 | +48.0% |
| Other operating charges | 640/8 | €805 | €939 | +€134 | +16.7% |
| Gross operating margin | 9900 | €37,450 | €76,990 | +€39,540 | +105.6% |
| Operating profit (loss) | 9901 | €35,245 | €73,978 | +€38,733 | +109.9% |
| Financial income | 75/76B | €0 | €535 | +€535 | +763957.1% |
| Recurring financial income | 75 | €0 | €535 | +€535 | +763957.1% |
| Financial charges | 65/66B | €1,594 | €2,321 | +€727 | +45.6% |
| Recurring financial charges | 65 | €1,594 | €2,321 | +€727 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €33,651 | €72,192 | +€38,541 | +114.5% |
| Income taxes | 67/77 | €10,870 | €21,441 | +€10,572 | +97.3% |
| Profit (loss) for the period | 9904 | €22,781 | €50,751 | +€27,969 | +122.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,781 | €50,751 | +€27,969 | +122.8% |
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 10 October 2026 via checked.be.