Brammat: 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.
Brammat
Largest movements
- Cash +€51,859
up €51,859 (+19.0%), from €273,055 to €324,914
mainly Net result for the year (+€67,488) and Depreciation (+€40,878)
- Tangible fixed assets -€11,512
down €11,512 (-5.4%), from €212,428 to €200,915
of which Leasing and similar rights: -€36,652
- Receivables within one year -€10,161
down €10,161 (-37.1%), from €27,363 to €17,202
of which Trade receivables: -€14,137
- Reserves +€67,488
up €67,488 (+3374.4%), from €2,000 to €69,488
of which Distributable reserves: +€67,488
- Debts after one year -€36,738
down €36,738 (-34.6%), from €106,095 to €69,357
- Gross operating margin +€46,509
up €46,509 (+37.2%), from €124,939 to €171,449
- Staff costs +€20,438
up €20,438 (+1353.5%), from €1,510 to €21,948
- Taxes +€12,790
up €12,790 (+66.0%), from €19,394 to €32,184
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 | €519,426 | €556,005 | +€36,579 | +7.0% |
| Fixed assets | 21/28 | €212,428 | €200,915 | -€11,512 | -5.4% |
| Tangible fixed assets | 22/27 | €212,428 | €200,915 | -€11,512 | -5.4% |
| Plant, machinery and equipment | 23 | €9,523 | €29,469 | +€19,947 | +209.5% |
| Furniture and vehicles | 24 | €333 | €5,526 | +€5,192 | +1558.4% |
| Leasing and similar rights | 25 | €202,572 | €165,920 | -€36,652 | -18.1% |
| Current assets | 29/58 | €306,999 | €355,090 | +€48,092 | +15.7% |
| Stocks and contracts in progress | 3 | €4,537 | €8,827 | +€4,290 | +94.6% |
| Stocks | 30/36 | €2,351 | €6,327 | +€3,976 | +169.1% |
| Contracts in progress | 37 | €2,186 | €2,500 | +€314 | +14.4% |
| Amounts receivable within one year | 40/41 | €27,363 | €17,202 | -€10,161 | -37.1% |
| Trade receivables | 40 | €27,103 | €12,966 | -€14,137 | -52.2% |
| Other amounts receivable | 41 | €259 | €4,235 | +€3,976 | +1533.1% |
| Cash at bank and in hand | 54/58 | €273,055 | €324,914 | +€51,859 | +19.0% |
| Deferred charges and accrued income | 490/1 | €2,044 | €4,147 | +€2,103 | +102.9% |
| Total equity and liabilities | 10/49 | €519,426 | €556,005 | +€36,579 | +7.0% |
| Equity | 10/15 | €322,215 | €389,703 | +€67,488 | +20.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €69,488 | +€67,488 | +3374.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €67,488 | +€67,488 | |
| Profit (loss) carried forward | 14 | €300,215 | €300,215 | = | 0.0% |
| Amounts payable | 17/49 | €197,211 | €166,303 | -€30,909 | -15.7% |
| Amounts payable after more than one year | 17 | €106,095 | €69,357 | -€36,738 | -34.6% |
| Financial debts | 170/4 | €106,095 | €69,357 | -€36,738 | -34.6% |
| Amounts payable within one year | 42/48 | €91,117 | €96,945 | +€5,829 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €35,136 | €35,921 | +€786 | +2.2% |
| Trade debts | 44 | €8,525 | €7,495 | -€1,030 | -12.1% |
| Suppliers | 440/4 | €8,525 | €7,495 | -€1,030 | -12.1% |
| Taxes, remuneration and social security | 45 | €15,691 | €20,252 | +€4,561 | +29.1% |
| Taxes | 450/3 | €15,691 | €20,252 | +€4,561 | +29.1% |
| Other amounts payable | 47/48 | €31,765 | €33,277 | +€1,512 | +4.8% |
| Remuneration, social security and pensions | 62 | €1,510 | €21,948 | +€20,438 | +1353.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,847 | €40,878 | +€31 | +0.1% |
| Other operating charges | 640/8 | €2,449 | €4,126 | +€1,677 | +68.4% |
| Gross operating margin | 9900 | €124,939 | €171,449 | +€46,509 | +37.2% |
| Operating profit (loss) | 9901 | €80,133 | €104,496 | +€24,363 | +30.4% |
| Financial income | 75/76B | €9 | €746 | +€737 | +8262.9% |
| Recurring financial income | 75 | €9 | €746 | +€737 | +8262.9% |
| Financial charges | 65/66B | €5,994 | €5,570 | -€424 | -7.1% |
| Recurring financial charges | 65 | €5,994 | €5,570 | -€424 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €74,148 | €99,672 | +€25,524 | +34.4% |
| Income taxes | 67/77 | €19,394 | €32,184 | +€12,790 | +66.0% |
| Profit (loss) for the period | 9904 | €54,754 | €67,488 | +€12,734 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,754 | €67,488 | +€12,734 | +23.3% |
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 8 October 2026 via checked.be.