Bram Bleyen: 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.
Bram Bleyen
Largest movements
- Cash -€30,020
down €30,020 (-45.9%), from €65,444 to €35,423
mainly Trade debts (-€25,601) and Investment in fixed assets (net) (-€14,250)
- Tangible fixed assets +€9,299
up €9,299 (+40.9%), from €22,735 to €32,034
of which Furniture and vehicles: +€9,755
- Receivables within one year +€7,106
up €7,106 (+57.1%), from €12,441 to €19,547
of which Trade receivables: +€6,050
- Stocks and contracts +€6,000
up €6,000 (+20.7%), from €29,000 to €35,000
- Trade debts -€25,601
down €25,601 (-89.9%), from €28,471 to €2,870
- Other debts +€9,984
up €9,984 (+22.2%), from €44,980 to €54,964
- Reserves +€6,389
up €6,389 (+13.3%), from €48,106 to €54,495
of which Distributable reserves: +€6,389
- Tax, wage and social debts +€1,632
up €1,632 (+58.9%), from €2,771 to €4,404
- Depreciation +€4,434
up €4,434 (+857%), from €518 to €4,951
- Gross operating margin +€3,370
up €3,370 (+29.0%), from €11,631 to €15,000
- Other operating charges +€1,403
up €1,403 (+181%), from €774 to €2,177
- Taxes +€326
up €326 (+30.1%), from €1,083 to €1,409
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 | €130,528 | €122,932 | -€7,596 | -5.8% |
| Fixed assets | 21/28 | €22,735 | €32,034 | +€9,299 | +40.9% |
| Tangible fixed assets | 22/27 | €22,735 | €32,034 | +€9,299 | +40.9% |
| Plant, machinery and equipment | 23 | €1,948 | €1,491 | -€456 | -23.4% |
| Furniture and vehicles | 24 | €20,788 | €30,543 | +€9,755 | +46.9% |
| Current assets | 29/58 | €107,792 | €90,898 | -€16,895 | -15.7% |
| Stocks and contracts in progress | 3 | €29,000 | €35,000 | +€6,000 | +20.7% |
| Stocks | 30/36 | €29,000 | €35,000 | +€6,000 | +20.7% |
| Amounts receivable within one year | 40/41 | €12,441 | €19,547 | +€7,106 | +57.1% |
| Trade receivables | 40 | €12,100 | €18,150 | +€6,050 | +50.0% |
| Other amounts receivable | 41 | €341 | €1,397 | +€1,056 | +310% |
| Cash at bank and in hand | 54/58 | €65,444 | €35,423 | -€30,020 | -45.9% |
| Deferred charges and accrued income | 490/1 | €908 | €927 | +€19 | +2.1% |
| Total equity and liabilities | 10/49 | €130,528 | €122,932 | -€7,596 | -5.8% |
| Equity | 10/15 | €54,306 | €60,695 | +€6,389 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,106 | €54,495 | +€6,389 | +13.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €48,106 | €54,495 | +€6,389 | +13.3% |
| Amounts payable | 17/49 | €76,222 | €62,237 | -€13,985 | -18.3% |
| Amounts payable within one year | 42/48 | €76,222 | €62,237 | -€13,985 | -18.3% |
| Trade debts | 44 | €28,471 | €2,870 | -€25,601 | -89.9% |
| Suppliers | 440/4 | €28,471 | €2,870 | -€25,601 | -89.9% |
| Taxes, remuneration and social security | 45 | €2,771 | €4,404 | +€1,632 | +58.9% |
| Taxes | 450/3 | €2,771 | €4,404 | +€1,632 | +58.9% |
| Other amounts payable | 47/48 | €44,980 | €54,964 | +€9,984 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €518 | €4,951 | +€4,434 | +857% |
| Other operating charges | 640/8 | €774 | €2,177 | +€1,403 | +181% |
| Gross operating margin | 9900 | €11,631 | €15,000 | +€3,370 | +29.0% |
| Operating profit (loss) | 9901 | €10,339 | €7,872 | -€2,467 | -23.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €83 | €74 | -€9 | -11.2% |
| Recurring financial charges | 65 | €83 | €74 | -€9 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €10,256 | €7,798 | -€2,458 | -24.0% |
| Income taxes | 67/77 | €1,083 | €1,409 | +€326 | +30.1% |
| Profit (loss) for the period | 9904 | €9,173 | €6,389 | -€2,784 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,173 | €6,389 | -€2,784 | -30.3% |
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 24 October 2026 via checked.be.