BRANCATO: 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.
BRANCATO
Largest movements
- Tangible fixed assets +€26,717
up €26,717 (+2.6%), from €1.0m to €1.1m
of which Furniture and vehicles: +€54,761
- Current portion of long-term debt +€12,356
up €12,356 (+34.0%), from €36,302 to €48,658
- Other operating charges +€9,250
new in 2025: €9,250
- Depreciation +€4,207
up €4,207 (+14.1%), from €29,802 to €34,009
- Gross operating margin +€4,029
up €4,029 (+5.9%), from €68,810 to €72,839
- Financial charges -€992
down €992 (-4.0%), from €24,773 to €23,780
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 | €1,106,838 | €1,141,633 | +€34,795 | +3.1% |
| Fixed assets | 21/28 | €1,046,545 | €1,073,262 | +€26,717 | +2.6% |
| Tangible fixed assets | 22/27 | €1,042,965 | €1,069,682 | +€26,717 | +2.6% |
| Land and buildings | 22 | €1,027,738 | €999,407 | -€28,331 | -2.8% |
| Plant, machinery and equipment | 23 | €15,227 | €15,514 | +€287 | +1.9% |
| Furniture and vehicles | 24 | - | €54,761 | +€54,761 | |
| Financial fixed assets | 28 | €3,580 | €3,580 | = | 0.0% |
| Current assets | 29/58 | €60,293 | €68,371 | +€8,078 | +13.4% |
| Amounts receivable within one year | 40/41 | €3,788 | €11,868 | +€8,080 | +213.3% |
| Other amounts receivable | 41 | €3,788 | €11,868 | +€8,080 | +213.3% |
| Cash at bank and in hand | 54/58 | €56,505 | €56,503 | -€2 | 0.0% |
| Total equity and liabilities | 10/49 | €1,106,838 | €1,141,633 | +€34,795 | +3.1% |
| Equity | 10/15 | -€72,453 | -€66,653 | +€5,800 | +8.0% |
| Contributions | 10/11 | €51,000 | €51,000 | = | 0.0% |
| Outside capital | 11 | €51,000 | - | -€51,000 | |
| Share premium | 1100/10 | €51,000 | - | -€51,000 | |
| Profit (loss) carried forward | 14 | -€123,453 | -€117,653 | +€5,800 | +4.7% |
| Amounts payable | 17/49 | €1,179,291 | €1,208,287 | +€28,995 | +2.5% |
| Amounts payable after more than one year | 17 | €777,382 | €786,877 | +€9,495 | +1.2% |
| Financial debts | 170/4 | €777,382 | €786,877 | +€9,495 | +1.2% |
| Amounts payable within one year | 42/48 | €401,909 | €421,410 | +€19,501 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €36,302 | €48,658 | +€12,356 | +34.0% |
| Trade debts | 44 | €182 | €1,682 | +€1,501 | +826.9% |
| Suppliers | 440/4 | €182 | €1,682 | +€1,501 | +826.9% |
| Other amounts payable | 47/48 | €365,425 | €371,069 | +€5,643 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,802 | €34,009 | +€4,207 | +14.1% |
| Other operating charges | 640/8 | - | €9,250 | +€9,250 | |
| Gross operating margin | 9900 | €68,810 | €72,839 | +€4,029 | +5.9% |
| Operating profit (loss) | 9901 | €39,009 | €29,580 | -€9,428 | -24.2% |
| Financial charges | 65/66B | €24,773 | €23,780 | -€992 | -4.0% |
| Recurring financial charges | 65 | €24,773 | €23,780 | -€992 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €14,236 | €5,800 | -€8,436 | -59.3% |
| Profit (loss) for the period | 9904 | €14,236 | €5,800 | -€8,436 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,236 | €5,800 | -€8,436 | -59.3% |
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 3 October 2026 via checked.be.