BRAMS & Co: 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.
BRAMS & Co
Largest movements
- Cash -€52,699
down €52,699 (-32.1%), from €164,418 to €111,719
mainly Other debts (-€107,677) and Investment in fixed assets (net) (-€10,036)
- Tangible fixed assets +€6,258
up €6,258 (+86.6%), from €7,224 to €13,482
- Receivables within one year -€3,384
down €3,384 (-16.2%), from €20,834 to €17,450
of which Other amounts receivable: -€11,402
- Other debts -€107,677
down €107,677 (-86.1%), from €125,000 to €17,323
- Profit (loss) carried forward +€56,257
up €56,257 (+116%), from €48,667 to €104,924
- Trade debts +€4,186
up €4,186 (+119%), from €3,531 to €7,717
- Gross operating margin -€5,403
down €5,403 (-5.9%), from €91,621 to €86,218
- Taxes +€2,465
up €2,465 (+13.1%), from €18,842 to €21,307
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 | €192,809 | €143,874 | -€48,934 | -25.4% |
| Fixed assets | 21/28 | €7,224 | €13,482 | +€6,258 | +86.6% |
| Tangible fixed assets | 22/27 | €7,224 | €13,482 | +€6,258 | +86.6% |
| Furniture and vehicles | 24 | €7,224 | €13,482 | +€6,258 | +86.6% |
| Current assets | 29/58 | €185,585 | €130,393 | -€55,192 | -29.7% |
| Amounts receivable within one year | 40/41 | €20,834 | €17,450 | -€3,384 | -16.2% |
| Trade receivables | 40 | €9,432 | €17,450 | +€8,019 | +85.0% |
| Other amounts receivable | 41 | €11,402 | - | -€11,402 | |
| Cash at bank and in hand | 54/58 | €164,418 | €111,719 | -€52,699 | -32.1% |
| Deferred charges and accrued income | 490/1 | €333 | €1,224 | +€891 | +268% |
| Total equity and liabilities | 10/49 | €192,809 | €143,874 | -€48,934 | -25.4% |
| Equity | 10/15 | €50,167 | €106,424 | +€56,257 | +112% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,667 | €104,924 | +€56,257 | +116% |
| Amounts payable | 17/49 | €142,642 | €37,451 | -€105,191 | -73.7% |
| Amounts payable within one year | 42/48 | €140,996 | €37,451 | -€103,545 | -73.4% |
| Trade debts | 44 | €3,531 | €7,717 | +€4,186 | +119% |
| Suppliers | 440/4 | €3,531 | €7,717 | +€4,186 | +119% |
| Taxes, remuneration and social security | 45 | €12,465 | €12,411 | -€54 | -0.4% |
| Taxes | 450/3 | €12,465 | €12,411 | -€54 | -0.4% |
| Other amounts payable | 47/48 | €125,000 | €17,323 | -€107,677 | -86.1% |
| Accrued charges and deferred income | 492/3 | €1,646 | - | -€1,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,916 | €3,778 | +€862 | +29.6% |
| Other operating charges | 640/8 | €236 | - | -€236 | |
| Gross operating margin | 9900 | €91,621 | €86,218 | -€5,403 | -5.9% |
| Operating profit (loss) | 9901 | €88,469 | €82,439 | -€6,029 | -6.8% |
| Financial income | 75/76B | €954 | €759 | -€195 | -20.4% |
| Recurring financial income | 75 | €954 | €759 | -€195 | -20.4% |
| Financial charges | 65/66B | €2,223 | €1,790 | -€434 | -19.5% |
| Recurring financial charges | 65 | €2,223 | €1,790 | -€434 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €87,199 | €81,409 | -€5,790 | -6.6% |
| Income taxes | 67/77 | €18,842 | €21,307 | +€2,465 | +13.1% |
| Profit (loss) for the period | 9904 | €68,357 | €60,102 | -€8,255 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,357 | €60,102 | -€8,255 | -12.1% |
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 13 October 2026 via checked.be.