Bram Gysbrechts: 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 Gysbrechts
Largest movements
- Cash +€28,382
up €28,382 (+105%), from €26,973 to €55,355
mainly Debts after one year (+€21,908) and Net result for the year (+€19,661)
- Tangible fixed assets +€25,568
up €25,568 (+3,006%), from €851 to €26,419
of which Furniture and vehicles: +€25,875
- Receivables within one year +€4,098
up €4,098 (+290%), from €1,413 to €5,510
of which Trade receivables: +€4,013
- Debts after one year +€21,908
new in 2025: €21,908
- Profit (loss) carried forward +€19,661
up €19,661 (+184%), from €10,713 to €30,374
- Other debts +€7,642
up €7,642 (+81.5%), from €9,371 to €17,012
- Current portion of long-term debt +€6,004
new in 2025: €6,004
- Tax, wage and social debts +€3,758
up €3,758 (+124%), from €3,035 to €6,793
- Gross operating margin +€18,259
up €18,259 (+132%), from €13,879 to €32,138
- Depreciation +€6,139
up €6,139 (+8,658%), from €71 to €6,210
- Taxes +€1,473
up €1,473 (+55.4%), from €2,660 to €4,133
- Financial charges +€1,030
new in 2025: €1,030
- Other operating charges +€690
up €690 (+158%), from €435 to €1,125
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 | €29,236 | €87,795 | +€58,558 | +200% |
| Fixed assets | 21/28 | €851 | €26,419 | +€25,568 | +3,006% |
| Tangible fixed assets | 22/27 | €851 | €26,419 | +€25,568 | +3,006% |
| Plant, machinery and equipment | 23 | €851 | €543 | -€307 | -36.1% |
| Furniture and vehicles | 24 | - | €25,875 | +€25,875 | |
| Current assets | 29/58 | €28,386 | €61,376 | +€32,990 | +116% |
| Amounts receivable within one year | 40/41 | €1,413 | €5,510 | +€4,098 | +290% |
| Trade receivables | 40 | €1,115 | €5,128 | +€4,013 | +360% |
| Other amounts receivable | 41 | €298 | €382 | +€84 | +28.3% |
| Cash at bank and in hand | 54/58 | €26,973 | €55,355 | +€28,382 | +105% |
| Deferred charges and accrued income | 490/1 | - | €510 | +€510 | |
| Total equity and liabilities | 10/49 | €29,236 | €87,795 | +€58,558 | +200% |
| Equity | 10/15 | €13,713 | €33,374 | +€19,661 | +143% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,713 | €30,374 | +€19,661 | +184% |
| Amounts payable | 17/49 | €15,524 | €54,420 | +€38,897 | +251% |
| Amounts payable after more than one year | 17 | - | €21,908 | +€21,908 | |
| Financial debts | 170/4 | - | €21,908 | +€21,908 | |
| Amounts payable within one year | 42/48 | €15,524 | €32,512 | +€16,989 | +109% |
| Current portion of amounts payable after more than one year | 42 | - | €6,004 | +€6,004 | |
| Trade debts | 44 | €3,118 | €2,703 | -€415 | -13.3% |
| Suppliers | 440/4 | €3,118 | €2,703 | -€415 | -13.3% |
| Taxes, remuneration and social security | 45 | €3,035 | €6,793 | +€3,758 | +124% |
| Taxes | 450/3 | €3,035 | €6,793 | +€3,758 | +124% |
| Other amounts payable | 47/48 | €9,371 | €17,012 | +€7,642 | +81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €6,210 | +€6,139 | +8,658% |
| Other operating charges | 640/8 | €435 | €1,125 | +€690 | +158% |
| Gross operating margin | 9900 | €13,879 | €32,138 | +€18,259 | +132% |
| Operating profit (loss) | 9901 | €13,373 | €24,803 | +€11,430 | +85.5% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | - | €1,030 | +€1,030 | |
| Recurring financial charges | 65 | - | €1,030 | +€1,030 | |
| Profit (loss) for the period before taxes | 9903 | €13,373 | €23,794 | +€10,422 | +77.9% |
| Income taxes | 67/77 | €2,660 | €4,133 | +€1,473 | +55.4% |
| Profit (loss) for the period | 9904 | €10,713 | €19,661 | +€8,948 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,713 | €19,661 | +€8,948 | +83.5% |
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 24 October 2026 via checked.be.