BRAND-INK: 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.
BRAND-INK
Largest movements
- Receivables within one year -€9,728
down €9,728 (-25.6%), from €37,990 to €28,262
of which Trade receivables: -€9,728
- Cash +€8,043
up €8,043 (+32.6%), from €24,647 to €32,690
mainly Receivables within one year (+€9,728) and Other debts (+€4,738)
- Tangible fixed assets -€2,817
down €2,817 (-57.6%), from €4,894 to €2,077
- Trade debts -€4,887
down €4,887 (-34.9%), from €14,012 to €9,125
- Other debts +€4,738
up €4,738 (+58.8%), from €8,053 to €12,791
- Tax, wage and social debts -€3,538
down €3,538 (-45.0%), from €7,854 to €4,316
- Profit (loss) carried forward -€816
down €816 (-42.1%), from -€1,940 to -€2,756
- Gross operating margin -€8,714
down €8,714 (-74.2%), from €11,740 to €3,026
- Taxes -€2,284
down €2,284 (-94.1%), from €2,428 to €144
- Depreciation -€462
down €462 (-14.1%), from €3,279 to €2,817
- Other operating charges -€127
down €127 (-13.8%), from €926 to €799
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 | €67,532 | €63,029 | -€4,503 | -6.7% |
| Fixed assets | 21/28 | €4,894 | €2,077 | -€2,817 | -57.6% |
| Tangible fixed assets | 22/27 | €4,894 | €2,077 | -€2,817 | -57.6% |
| Furniture and vehicles | 24 | €4,894 | €2,077 | -€2,817 | -57.6% |
| Current assets | 29/58 | €62,638 | €60,952 | -€1,685 | -2.7% |
| Amounts receivable within one year | 40/41 | €37,990 | €28,262 | -€9,728 | -25.6% |
| Trade receivables | 40 | €37,747 | €28,019 | -€9,728 | -25.8% |
| Other amounts receivable | 41 | €243 | €243 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,647 | €32,690 | +€8,043 | +32.6% |
| Total equity and liabilities | 10/49 | €67,532 | €63,029 | -€4,503 | -6.7% |
| Equity | 10/15 | €37,613 | €36,797 | -€816 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,953 | €20,953 | = | 0.0% |
| Tax-exempt reserves | 132 | €257 | €257 | = | 0.0% |
| Distributable reserves | 133 | €20,696 | €20,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,940 | -€2,756 | -€816 | -42.1% |
| Amounts payable | 17/49 | €29,919 | €26,232 | -€3,687 | -12.3% |
| Amounts payable within one year | 42/48 | €29,919 | €26,232 | -€3,687 | -12.3% |
| Trade debts | 44 | €14,012 | €9,125 | -€4,887 | -34.9% |
| Suppliers | 440/4 | €14,012 | €9,125 | -€4,887 | -34.9% |
| Taxes, remuneration and social security | 45 | €7,854 | €4,316 | -€3,538 | -45.0% |
| Taxes | 450/3 | €7,854 | €4,316 | -€3,538 | -45.0% |
| Other amounts payable | 47/48 | €8,053 | €12,791 | +€4,738 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,279 | €2,817 | -€462 | -14.1% |
| Other operating charges | 640/8 | €926 | €799 | -€127 | -13.8% |
| Gross operating margin | 9900 | €11,740 | €3,026 | -€8,714 | -74.2% |
| Operating profit (loss) | 9901 | €7,534 | -€590 | -€8,124 | |
| Financial income | 75/76B | €7 | €14 | +€7 | +105% |
| Recurring financial income | 75 | €7 | €14 | +€7 | +105% |
| Financial charges | 65/66B | €107 | €97 | -€11 | -9.8% |
| Recurring financial charges | 65 | €107 | €97 | -€11 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €7,434 | -€672 | -€8,106 | |
| Income taxes | 67/77 | €2,428 | €144 | -€2,284 | -94.1% |
| Profit (loss) for the period | 9904 | €5,007 | -€816 | -€5,823 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,007 | -€816 | -€5,823 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.