BramV: 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.
BramV
Largest movements
- Cash +€32,157
up €32,157 (+28.4%), from €113,058 to €145,214
mainly Net result for the year (+€150,638) and Other debts (+€135,204)
- Other debts +€135,204
up €135,204 (+64.1%), from €210,852 to €346,055
- Reserves -€109,160
down €109,160 (-100.0%), from €109,160 to €0
of which Distributable reserves: -€109,160
- Accrued charges and deferred income +€7,396
new in 2025: €7,396
- Taxes +€4,355
up €4,355 (+7.9%), from €55,075 to €59,430
- Financial charges +€3,482
up €3,482 (+52.4%), from €6,642 to €10,125
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 | €350,131 | €382,865 | +€32,734 | +9.3% |
| Fixed assets | 21/28 | €201,100 | €201,100 | = | 0.0% |
| Financial fixed assets | 28 | €201,100 | €201,100 | = | 0.0% |
| Current assets | 29/58 | €149,031 | €181,765 | +€32,734 | +22.0% |
| Amounts receivable within one year | 40/41 | €34,485 | €35,055 | +€570 | +1.7% |
| Trade receivables | 40 | €34,485 | €34,485 | = | 0.0% |
| Other amounts receivable | 41 | - | €570 | +€570 | |
| Cash at bank and in hand | 54/58 | €113,058 | €145,214 | +€32,157 | +28.4% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,495 | +€7 | +0.5% |
| Total equity and liabilities | 10/49 | €350,131 | €382,865 | +€32,734 | +9.3% |
| Equity | 10/15 | €127,760 | €18,600 | -€109,160 | -85.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,160 | €0 | -€109,160 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €109,160 | €0 | -€109,160 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €222,370 | €364,265 | +€141,894 | +63.8% |
| Amounts payable within one year | 42/48 | €222,370 | €356,869 | +€134,498 | +60.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | - | €223 | +€223 | |
| Suppliers | 440/4 | - | €223 | +€223 | |
| Taxes, remuneration and social security | 45 | €11,519 | €10,590 | -€928 | -8.1% |
| Taxes | 450/3 | €7,970 | €7,017 | -€953 | -12.0% |
| Remuneration and social security | 454/9 | €3,548 | €3,573 | +€25 | +0.7% |
| Other amounts payable | 47/48 | €210,852 | €346,055 | +€135,204 | +64.1% |
| Accrued charges and deferred income | 492/3 | - | €7,396 | +€7,396 | |
| Other operating charges | 640/8 | €1,207 | €1,198 | -€9 | -0.7% |
| Gross operating margin | 9900 | €222,039 | €221,392 | -€648 | -0.3% |
| Operating profit (loss) | 9901 | €220,832 | €220,193 | -€639 | -0.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.7% |
| Financial charges | 65/66B | €6,642 | €10,125 | +€3,482 | +52.4% |
| Recurring financial charges | 65 | €6,642 | €10,125 | +€3,482 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €214,191 | €210,068 | -€4,123 | -1.9% |
| Income taxes | 67/77 | €55,075 | €59,430 | +€4,355 | +7.9% |
| Profit (loss) for the period | 9904 | €159,116 | €150,638 | -€8,478 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €159,116 | €150,638 | -€8,478 | -5.3% |
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 30 September 2026 via checked.be.