BRANDBUSTER: 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.
BRANDBUSTER
Largest movements
- Receivables within one year +€18,150
up €18,150 (+250%), from €7,260 to €25,410
- Cash -€9,359
down €9,359 (-74.4%), from €12,585 to €3,227
mainly Receivables within one year (-€18,150) and Investment in fixed assets (net) (-€4,379)
- Tangible fixed assets +€3,128
up €3,128 (+235%), from €1,330 to €4,458
- Profit (loss) carried forward +€10,446
up €10,446 (+124%), from €8,426 to €18,873
- Tax, wage and social debts +€1,690
up €1,690 (+16.8%), from €10,044 to €11,734
of which Taxes: +€1,690
- Trade debts -€419
down €419 (-20.7%), from €2,025 to €1,605
- Gross operating margin +€6,431
up €6,431 (+60.7%), from €10,596 to €17,027
- Taxes +€1,585
up €1,585 (+52.8%), from €3,000 to €4,585
- Other operating charges +€233
up €233 (+56.0%), from €417 to €650
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 | €22,025 | €33,966 | +€11,941 | +54.2% |
| Fixed assets | 21/28 | €1,330 | €4,458 | +€3,128 | +235% |
| Tangible fixed assets | 22/27 | €1,330 | €4,458 | +€3,128 | +235% |
| Furniture and vehicles | 24 | €1,330 | €4,458 | +€3,128 | +235% |
| Current assets | 29/58 | €20,695 | €29,509 | +€8,813 | +42.6% |
| Amounts receivable within one year | 40/41 | €7,260 | €25,410 | +€18,150 | +250% |
| Trade receivables | 40 | €7,260 | €25,410 | +€18,150 | +250% |
| Cash at bank and in hand | 54/58 | €12,585 | €3,227 | -€9,359 | -74.4% |
| Deferred charges and accrued income | 490/1 | €850 | €872 | +€22 | +2.6% |
| Total equity and liabilities | 10/49 | €22,025 | €33,966 | +€11,941 | +54.2% |
| Equity | 10/15 | €9,676 | €20,123 | +€10,446 | +108% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,426 | €18,873 | +€10,446 | +124% |
| Amounts payable | 17/49 | €12,349 | €13,844 | +€1,495 | +12.1% |
| Amounts payable within one year | 42/48 | €12,349 | €13,844 | +€1,495 | +12.1% |
| Trade debts | 44 | €2,025 | €1,605 | -€419 | -20.7% |
| Suppliers | 440/4 | €2,025 | €1,605 | -€419 | -20.7% |
| Taxes, remuneration and social security | 45 | €10,044 | €11,734 | +€1,690 | +16.8% |
| Taxes | 450/3 | €7,944 | €9,634 | +€1,690 | +21.3% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €280 | €505 | +€225 | +80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €1,251 | +€79 | +6.8% |
| Other operating charges | 640/8 | €417 | €650 | +€233 | +56.0% |
| Gross operating margin | 9900 | €10,596 | €17,027 | +€6,431 | +60.7% |
| Operating profit (loss) | 9901 | €9,007 | €15,126 | +€6,119 | +67.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €170 | €96 | -€74 | -43.7% |
| Recurring financial charges | 65 | €170 | €96 | -€74 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €8,838 | €15,031 | +€6,193 | +70.1% |
| Income taxes | 67/77 | €3,000 | €4,585 | +€1,585 | +52.8% |
| Profit (loss) for the period | 9904 | €5,838 | €10,446 | +€4,608 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,838 | €10,446 | +€4,608 | +78.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.