BRAND X: 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 X
Largest movements
- Receivables within one year -€2,131
down €2,131 (-2.8%), from €75,132 to €73,001
of which Other amounts receivable: -€1,778
- Profit (loss) carried forward -€1,451
down €1,451 (-0.7%), from -€199,383 to -€200,834
- Financial income -€5,043
no longer reported in 2025 (was €5,043)
- Gross operating margin +€1,453
no longer reported in 2025 (was -€1,453)
- Other operating charges -€430
down €430 (-95.6%), from €450 to €20
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,375 | €73,198 | -€2,177 | -2.9% |
| Current assets | 29/58 | €75,375 | €73,198 | -€2,177 | -2.9% |
| Amounts receivable within one year | 40/41 | €75,132 | €73,001 | -€2,131 | -2.8% |
| Trade receivables | 40 | €353 | - | -€353 | |
| Other amounts receivable | 41 | €74,779 | €73,001 | -€1,778 | -2.4% |
| Cash at bank and in hand | 54/58 | €243 | €197 | -€46 | -19.0% |
| Total equity and liabilities | 10/49 | €75,375 | €73,198 | -€2,177 | -2.9% |
| Equity | 10/15 | €74,649 | €73,198 | -€1,451 | -1.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €212,032 | €212,032 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €205,832 | €205,832 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€199,383 | -€200,834 | -€1,451 | -0.7% |
| Amounts payable | 17/49 | €726 | - | -€726 | |
| Amounts payable within one year | 42/48 | €726 | - | -€726 | |
| Trade debts | 44 | €726 | - | -€726 | |
| Suppliers | 440/4 | €726 | - | -€726 | |
| Other operating charges | 640/8 | €450 | €20 | -€430 | -95.6% |
| Gross operating margin | 9900 | -€1,453 | - | +€1,453 | |
| Operating profit (loss) | 9901 | -€1,902 | -€20 | +€1,882 | +98.9% |
| Financial income | 75/76B | €5,043 | - | -€5,043 | |
| Recurring financial income | 75 | €5,043 | - | -€5,043 | |
| Financial charges | 65/66B | €74 | €71 | -€3 | -4.6% |
| Recurring financial charges | 65 | €74 | €71 | -€3 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €3,067 | -€91 | -€3,158 | |
| Profit (loss) for the period | 9904 | €3,067 | -€91 | -€3,158 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,067 | -€91 | -€3,158 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.