BrandBey: 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.
BrandBey
Largest movements
- Receivables within one year +€39,238
up €39,238 (+981.0%), from €4,000 to €43,238
of which Trade receivables: +€41,786
- Tangible fixed assets +€35,466
up €35,466 (+1945.5%), from €1,823 to €37,289
of which Furniture and vehicles: +€35,013
- Cash +€2,821
up €2,821 (+3.7%), from €75,497 to €78,318
mainly Net result for the year (+€113,965) and Other debts (+€42,193)
- Other debts +€42,193
up €42,193 (+54.9%), from €76,920 to €119,114
- Debts after one year +€18,827
new in 2025: €18,827
- Tax, wage and social debts +€10,616
up €10,616 (+555.9%), from €1,910 to €12,525
of which Taxes: +€9,416
- Current portion of long-term debt +€5,260
new in 2025: €5,260
- Gross operating margin +€77,087
up €77,087 (+95.3%), from €80,918 to €158,005
- Taxes +€12,134
up €12,134 (+69.4%), from €17,474 to €29,608
- Depreciation +€6,722
up €6,722 (+589.0%), from €1,141 to €7,864
- Other operating charges +€2,204
up €2,204 (+165.6%), from €1,331 to €3,535
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 | €81,783 | €159,307 | +€77,525 | +94.8% |
| Fixed assets | 21/28 | €1,823 | €37,289 | +€35,466 | +1945.5% |
| Tangible fixed assets | 22/27 | €1,823 | €37,289 | +€35,466 | +1945.5% |
| Plant, machinery and equipment | 23 | €1,428 | €1,880 | +€452 | +31.7% |
| Furniture and vehicles | 24 | €395 | €35,409 | +€35,013 | +8856.0% |
| Current assets | 29/58 | €79,960 | €122,019 | +€42,059 | +52.6% |
| Amounts receivable within one year | 40/41 | €4,000 | €43,238 | +€39,238 | +981.0% |
| Trade receivables | 40 | €989 | €42,775 | +€41,786 | +4225.2% |
| Other amounts receivable | 41 | €3,011 | €463 | -€2,548 | -84.6% |
| Cash at bank and in hand | 54/58 | €75,497 | €78,318 | +€2,821 | +3.7% |
| Deferred charges and accrued income | 490/1 | €463 | €463 | = | 0.0% |
| Total equity and liabilities | 10/49 | €81,783 | €159,307 | +€77,525 | +94.8% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,683 | €159,207 | +€77,525 | +94.9% |
| Amounts payable after more than one year | 17 | - | €18,827 | +€18,827 | |
| Financial debts | 170/4 | - | €18,827 | +€18,827 | |
| Amounts payable within one year | 42/48 | €80,666 | €139,159 | +€58,493 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,260 | +€5,260 | |
| Trade debts | 44 | €1,836 | €2,260 | +€424 | +23.1% |
| Suppliers | 440/4 | €1,836 | €2,260 | +€424 | +23.1% |
| Taxes, remuneration and social security | 45 | €1,910 | €12,525 | +€10,616 | +555.9% |
| Taxes | 450/3 | €1,910 | €11,325 | +€9,416 | +493.1% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €76,920 | €119,114 | +€42,193 | +54.9% |
| Accrued charges and deferred income | 492/3 | €1,017 | €1,221 | +€204 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | €7,864 | +€6,722 | +589.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €989 | +€989 | |
| Other operating charges | 640/8 | €1,331 | €3,535 | +€2,204 | +165.6% |
| Gross operating margin | 9900 | €80,918 | €158,005 | +€77,087 | +95.3% |
| Operating profit (loss) | 9901 | €78,446 | €145,617 | +€67,171 | +85.6% |
| Financial income | 75/76B | €111 | €289 | +€178 | +160.9% |
| Recurring financial income | 75 | €111 | €289 | +€178 | +160.9% |
| Financial charges | 65/66B | €1,117 | €2,333 | +€1,216 | +108.9% |
| Recurring financial charges | 65 | €1,117 | €2,333 | +€1,216 | +108.9% |
| Profit (loss) for the period before taxes | 9903 | €77,440 | €143,573 | +€66,133 | +85.4% |
| Income taxes | 67/77 | €17,474 | €29,608 | +€12,134 | +69.4% |
| Profit (loss) for the period | 9904 | €59,966 | €113,965 | +€53,999 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,966 | €113,965 | +€53,999 | +90.0% |
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 5 October 2026 via checked.be.