BRAMAH: what changed
Two fiscal 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.
BRAMAH
Largest movements
- Cash -€25,403
down €25,403 (-13.6%), from €186,361 to €160,958
mainly Tax, wage and social debts (-€31,858) and Contributions, distributions and other (-€17,273)
- Tangible fixed assets +€2,211
new in 2025: €2,211
- Tax, wage and social debts -€31,858
down €31,858 (-65.1%), from €48,911 to €17,053
of which Taxes: -€16,563
- Reserves +€19,419
up €19,419 (+25.3%), from €76,724 to €96,143
- Other debts -€9,063
down €9,063 (-38.3%), from €23,694 to €14,631
- Debts after one year -€2,407
down €2,407 (-13.5%), from €17,885 to €15,478
- Gross operating margin +€11,717
up €11,717 (+19.2%), from €60,878 to €72,595
- Taxes +€3,971
up €3,971 (+44.1%), from €9,008 to €12,979
- Staff costs +€3,851
up €3,851 (+29.9%), from €12,884 to €16,735
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 | €189,591 | €167,098 | -€22,493 | -11.9% |
| Fixed assets | 21/28 | - | €2,211 | +€2,211 | |
| Tangible fixed assets | 22/27 | - | €2,211 | +€2,211 | |
| Furniture and vehicles | 24 | - | €2,211 | +€2,211 | |
| Current assets | 29/58 | €189,591 | €164,887 | -€24,703 | -13.0% |
| Stocks and contracts in progress | 3 | €3,202 | €3,186 | -€16 | -0.5% |
| Stocks | 30/36 | €3,202 | €3,186 | -€16 | -0.5% |
| Cash at bank and in hand | 54/58 | €186,361 | €160,958 | -€25,403 | -13.6% |
| Deferred charges and accrued income | 490/1 | €28 | €744 | +€715 | +2539.4% |
| Total equity and liabilities | 10/49 | €189,591 | €167,098 | -€22,493 | -11.9% |
| Equity | 10/15 | €95,324 | €114,743 | +€19,419 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,724 | €96,143 | +€19,419 | +25.3% |
| Distributable reserves | 133 | €76,724 | €96,143 | +€19,419 | +25.3% |
| Amounts payable | 17/49 | €94,267 | €52,355 | -€41,912 | -44.5% |
| Amounts payable after more than one year | 17 | €17,885 | €15,478 | -€2,407 | -13.5% |
| Other amounts payable | 178/9 | €17,885 | €15,478 | -€2,407 | -13.5% |
| Amounts payable within one year | 42/48 | €76,382 | €36,877 | -€39,505 | -51.7% |
| Trade debts | 44 | €3,776 | €5,193 | +€1,417 | +37.5% |
| Suppliers | 440/4 | €3,776 | €5,193 | +€1,417 | +37.5% |
| Taxes, remuneration and social security | 45 | €48,911 | €17,053 | -€31,858 | -65.1% |
| Taxes | 450/3 | €31,023 | €14,460 | -€16,563 | -53.4% |
| Remuneration and social security | 454/9 | €17,888 | €2,593 | -€15,295 | -85.5% |
| Other amounts payable | 47/48 | €23,694 | €14,631 | -€9,063 | -38.3% |
| Remuneration, social security and pensions | 62 | €12,884 | €16,735 | +€3,851 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €488 | +€488 | |
| Other operating charges | 640/8 | €1,883 | €2,164 | +€282 | +15.0% |
| Gross operating margin | 9900 | €60,878 | €72,595 | +€11,717 | +19.2% |
| Operating profit (loss) | 9901 | €46,111 | €53,208 | +€7,097 | +15.4% |
| Financial income | 75/76B | €259 | €531 | +€272 | +105.4% |
| Recurring financial income | 75 | €259 | €531 | +€272 | +105.4% |
| Financial charges | 65/66B | €3,512 | €4,068 | +€556 | +15.8% |
| Recurring financial charges | 65 | €3,512 | €4,068 | +€556 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €42,857 | €49,671 | +€6,814 | +15.9% |
| Income taxes | 67/77 | €9,008 | €12,979 | +€3,971 | +44.1% |
| Profit (loss) for the period | 9904 | €33,850 | €36,692 | +€2,842 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,850 | €36,692 | +€2,842 | +8.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.