BRAMANCO: 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.
BRAMANCO
Largest movements
- Tangible fixed assets -€28,131
down €28,131 (-23.6%), from €119,001 to €90,870
of which Land and buildings: -€24,724
- Receivables within one year +€19,340
up €19,340 (+23.6%), from €81,783 to €101,123
of which Other amounts receivable: +€34,102
- Cash -€15,129
down €15,129 (-43.8%), from €34,555 to €19,426
mainly Other debts (-€27,734) and Receivables within one year (-€19,340)
- Deferred charges and accrued income +€5,150
up €5,150 (+89.7%), from €5,739 to €10,890
- Other debts -€27,734
down €27,734 (-80.2%), from €34,576 to €6,843
- Reserves +€7,495
up €7,495 (+4.4%), from €170,406 to €177,901
of which Distributable reserves: +€7,495
- Tax, wage and social debts +€3,446
up €3,446 (+42.9%), from €8,033 to €11,479
- Gross operating margin -€3,337
down €3,337 (-7.9%), from €42,414 to €39,077
- Financial income +€2,875
up €2,875 (+128%), from €2,250 to €5,125
- Depreciation -€1,212
down €1,212 (-4.3%), from €27,919 to €26,707
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 | €241,078 | €222,308 | -€18,769 | -7.8% |
| Fixed assets | 21/28 | €119,001 | €90,870 | -€28,131 | -23.6% |
| Tangible fixed assets | 22/27 | €119,001 | €90,870 | -€28,131 | -23.6% |
| Land and buildings | 22 | €115,594 | €90,870 | -€24,724 | -21.4% |
| Furniture and vehicles | 24 | €3,407 | - | -€3,407 | |
| Current assets | 29/58 | €122,077 | €131,438 | +€9,361 | +7.7% |
| Amounts receivable within one year | 40/41 | €81,783 | €101,123 | +€19,340 | +23.6% |
| Trade receivables | 40 | €65,885 | €51,123 | -€14,762 | -22.4% |
| Other amounts receivable | 41 | €15,898 | €50,000 | +€34,102 | +215% |
| Cash at bank and in hand | 54/58 | €34,555 | €19,426 | -€15,129 | -43.8% |
| Deferred charges and accrued income | 490/1 | €5,739 | €10,890 | +€5,150 | +89.7% |
| Total equity and liabilities | 10/49 | €241,078 | €222,308 | -€18,769 | -7.8% |
| Equity | 10/15 | €182,806 | €190,301 | +€7,495 | +4.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €170,406 | €177,901 | +€7,495 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €168,546 | €176,041 | +€7,495 | +4.4% |
| Amounts payable | 17/49 | €58,271 | €32,007 | -€26,264 | -45.1% |
| Amounts payable after more than one year | 17 | €7,199 | €5,240 | -€1,959 | -27.2% |
| Financial debts | 170/4 | €7,199 | €5,240 | -€1,959 | -27.2% |
| Amounts payable within one year | 42/48 | €47,872 | €24,067 | -€23,805 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €1,885 | €1,959 | +€74 | +3.9% |
| Trade debts | 44 | €3,378 | €3,786 | +€409 | +12.1% |
| Suppliers | 440/4 | €3,378 | €3,786 | +€409 | +12.1% |
| Taxes, remuneration and social security | 45 | €8,033 | €11,479 | +€3,446 | +42.9% |
| Taxes | 450/3 | €8,033 | €11,479 | +€3,446 | +42.9% |
| Other amounts payable | 47/48 | €34,576 | €6,843 | -€27,734 | -80.2% |
| Accrued charges and deferred income | 492/3 | €3,200 | €2,700 | -€500 | -15.6% |
| Non-recurring operating income | 76A | €1,163 | - | -€1,163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,919 | €26,707 | -€1,212 | -4.3% |
| Other operating charges | 640/8 | €3,348 | €3,091 | -€257 | -7.7% |
| Non-recurring operating charges | 66A | - | €2,407 | +€2,407 | |
| Gross operating margin | 9900 | €42,414 | €39,077 | -€3,337 | -7.9% |
| Operating profit (loss) | 9901 | €11,148 | €6,872 | -€4,276 | -38.4% |
| Financial income | 75/76B | €2,250 | €5,125 | +€2,875 | +128% |
| Recurring financial income | 75 | €2,250 | €5,125 | +€2,875 | +128% |
| Financial charges | 65/66B | €360 | €504 | +€144 | +39.9% |
| Recurring financial charges | 65 | €360 | €504 | +€144 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €13,038 | €11,493 | -€1,545 | -11.8% |
| Income taxes | 67/77 | €3,649 | €3,998 | +€349 | +9.6% |
| Profit (loss) for the period | 9904 | €9,389 | €7,495 | -€1,894 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,389 | €7,495 | -€1,894 | -20.2% |
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 31 October 2026 via checked.be.