Bram Tollet: 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 Tollet
Largest movements
- Receivables within one year +€10,509
up €10,509 (+41.7%), from €25,205 to €35,714
of which Other amounts receivable: +€23,614
- Tangible fixed assets -€2,878
down €2,878 (-52.6%), from €5,468 to €2,590
of which Furniture and vehicles: -€1,575
- Cash -€2,701
down €2,701 (-16.0%), from €16,931 to €14,230
mainly Contributions, distributions and other (-€27,500) and Tax, wage and social debts (-€13,874)
- Deferred charges and accrued income -€1,348
down €1,348 (-58.3%), from €2,312 to €964
- Other debts +€21,675
up €21,675 (+1,275%), from €1,700 to €23,375
- Tax, wage and social debts -€13,874
down €13,874 (-34.6%), from €40,047 to €26,173
- Current portion of long-term debt -€3,397
no longer reported in 2025 (was €3,397)
- Trade debts -€938
down €938 (-45.0%), from €2,085 to €1,147
- Gross operating margin -€10,608
down €10,608 (-19.7%), from €53,883 to €43,275
- Other operating charges -€3,273
down €3,273 (-78.2%), from €4,186 to €912
- Taxes -€3,130
down €3,130 (-20.0%), from €15,613 to €12,483
- Financial income -€1,541
down €1,541 (-66.6%), from €2,312 to €771
- Financial charges -€628
down €628 (-80.0%), from €784 to €157
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 | €50,229 | €53,761 | +€3,532 | +7.0% |
| Fixed assets | 21/28 | €5,781 | €2,853 | -€2,928 | -50.7% |
| Intangible fixed assets | 21 | €313 | €263 | -€50 | -16.0% |
| Tangible fixed assets | 22/27 | €5,468 | €2,590 | -€2,878 | -52.6% |
| Furniture and vehicles | 24 | €1,575 | - | -€1,575 | |
| Other tangible fixed assets | 26 | €3,893 | €2,590 | -€1,303 | -33.5% |
| Current assets | 29/58 | €44,448 | €50,908 | +€6,460 | +14.5% |
| Amounts receivable within one year | 40/41 | €25,205 | €35,714 | +€10,509 | +41.7% |
| Trade receivables | 40 | €25,205 | €12,100 | -€13,105 | -52.0% |
| Other amounts receivable | 41 | - | €23,614 | +€23,614 | |
| Cash at bank and in hand | 54/58 | €16,931 | €14,230 | -€2,701 | -16.0% |
| Deferred charges and accrued income | 490/1 | €2,312 | €964 | -€1,348 | -58.3% |
| Total equity and liabilities | 10/49 | €50,229 | €53,761 | +€3,532 | +7.0% |
| Equity | 10/15 | €3,000 | €3,065 | +€65 | +2.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €65 | +€65 | |
| Amounts payable | 17/49 | €47,229 | €50,695 | +€3,466 | +7.3% |
| Amounts payable within one year | 42/48 | €47,229 | €50,695 | +€3,466 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €3,397 | - | -€3,397 | |
| Trade debts | 44 | €2,085 | €1,147 | -€938 | -45.0% |
| Suppliers | 440/4 | €2,085 | €1,147 | -€938 | -45.0% |
| Taxes, remuneration and social security | 45 | €40,047 | €26,173 | -€13,874 | -34.6% |
| Taxes | 450/3 | €40,047 | €26,173 | -€13,874 | -34.6% |
| Other amounts payable | 47/48 | €1,700 | €23,375 | +€21,675 | +1,275% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,603 | €2,928 | +€325 | +12.5% |
| Other operating charges | 640/8 | €4,186 | €912 | -€3,273 | -78.2% |
| Gross operating margin | 9900 | €53,883 | €43,275 | -€10,608 | -19.7% |
| Operating profit (loss) | 9901 | €47,094 | €39,434 | -€7,660 | -16.3% |
| Financial income | 75/76B | €2,312 | €771 | -€1,541 | -66.6% |
| Recurring financial income | 75 | €2,312 | €771 | -€1,541 | -66.6% |
| Financial charges | 65/66B | €784 | €157 | -€628 | -80.0% |
| Recurring financial charges | 65 | €784 | €157 | -€628 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €48,622 | €40,049 | -€8,573 | -17.6% |
| Income taxes | 67/77 | €15,613 | €12,483 | -€3,130 | -20.0% |
| Profit (loss) for the period | 9904 | €33,009 | €27,565 | -€5,443 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,009 | €27,565 | -€5,443 | -16.5% |
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 16 October 2026 via checked.be.