BRANDBAR: 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.
BRANDBAR
Largest movements
- Cash +€7,711
up €7,711 (+17.9%), from €43,119 to €50,829
mainly Net result for the year (+€9,237) and Depreciation (+€7,237)
- Tangible fixed assets -€7,237
down €7,237 (-35.6%), from €20,306 to €13,070
of which Other tangible fixed assets: -€5,532
- Profit (loss) carried forward +€9,237
up €9,237 (+37.2%), from €24,844 to €34,081
- Other debts -€8,312
down €8,312 (-79.5%), from €10,455 to €2,142
- Trade debts +€2,408
up €2,408 (+2,118%), from €114 to €2,522
- Tax, wage and social debts -€2,098
down €2,098 (-47.0%), from €4,468 to €2,370
- Gross operating margin -€13,350
down €13,350 (-38.7%), from €34,488 to €21,139
- Taxes -€1,607
down €1,607 (-29.3%), from €5,487 to €3,881
- Financial income +€906
up €906 (+38,561%), from €2 to €909
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 | €66,407 | €67,106 | +€699 | +1.1% |
| Fixed assets | 21/28 | €20,306 | €13,070 | -€7,237 | -35.6% |
| Tangible fixed assets | 22/27 | €20,306 | €13,070 | -€7,237 | -35.6% |
| Plant, machinery and equipment | 23 | €668 | €297 | -€371 | -55.6% |
| Furniture and vehicles | 24 | €5,526 | €4,192 | -€1,334 | -24.1% |
| Other tangible fixed assets | 26 | €14,112 | €8,581 | -€5,532 | -39.2% |
| Current assets | 29/58 | €46,101 | €54,036 | +€7,936 | +17.2% |
| Stocks and contracts in progress | 3 | €2,982 | €2,828 | -€154 | -5.2% |
| Stocks | 30/36 | €2,982 | €2,828 | -€154 | -5.2% |
| Amounts receivable within one year | 40/41 | €0 | €379 | +€379 | |
| Trade receivables | 40 | - | €379 | +€379 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €43,119 | €50,829 | +€7,711 | +17.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €66,407 | €67,106 | +€699 | +1.1% |
| Equity | 10/15 | €50,242 | €59,479 | +€9,237 | +18.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €398 | €398 | = | 0.0% |
| Distributable reserves | 133 | €398 | €398 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,844 | €34,081 | +€9,237 | +37.2% |
| Amounts payable | 17/49 | €16,165 | €7,627 | -€8,538 | -52.8% |
| Amounts payable within one year | 42/48 | €16,165 | €7,627 | -€8,538 | -52.8% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €114 | €2,522 | +€2,408 | +2,118% |
| Suppliers | 440/4 | €114 | €2,522 | +€2,408 | +2,118% |
| Advances received on contracts in progress | 46 | €1,129 | €583 | -€546 | -48.3% |
| Taxes, remuneration and social security | 45 | €4,468 | €2,370 | -€2,098 | -47.0% |
| Taxes | 450/3 | €4,468 | €2,370 | -€2,098 | -47.0% |
| Other amounts payable | 47/48 | €10,455 | €2,142 | -€8,312 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,387 | €7,237 | -€150 | -2.0% |
| Other operating charges | 640/8 | €1,278 | €1,295 | +€17 | +1.4% |
| Gross operating margin | 9900 | €34,488 | €21,139 | -€13,350 | -38.7% |
| Operating profit (loss) | 9901 | €25,823 | €12,607 | -€13,217 | -51.2% |
| Financial income | 75/76B | €2 | €909 | +€906 | +38,561% |
| Recurring financial income | 75 | €2 | €909 | +€906 | +38,561% |
| Financial charges | 65/66B | €488 | €397 | -€91 | -18.6% |
| Recurring financial charges | 65 | €488 | €397 | -€91 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €25,338 | €13,118 | -€12,220 | -48.2% |
| Income taxes | 67/77 | €5,487 | €3,881 | -€1,607 | -29.3% |
| Profit (loss) for the period | 9904 | €19,850 | €9,237 | -€10,613 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,850 | €9,237 | -€10,613 | -53.5% |
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 23 October 2026 via checked.be.