Brandfold: 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.
Brandfold
Largest movements
- Cash -€7,484
down €7,484 (-64.7%), from €11,571 to €4,087
mainly Net result for the year (-€8,463) and Receivables within one year (-€5,655)
- Receivables within one year +€5,655
up €5,655 (+39.0%), from €14,512 to €20,168
of which Trade receivables: +€2,909
- Financial fixed assets -€3,825
no longer reported in 2025 (was €3,825)
- Deferred charges and accrued income +€1,440
up €1,440 (+427.6%), from €337 to €1,777
- Tangible fixed assets -€1,072
down €1,072 (-12.7%), from €8,465 to €7,393
of which Furniture and vehicles: -€579
- Profit (loss) carried forward -€8,463
down €8,463 (-8.4%), from -€100,735 to -€109,199
- Tax, wage and social debts +€2,309
up €2,309 (+39.9%), from €5,781 to €8,090
of which Remuneration and social security: +€2,000
- Trade debts +€869
up €869 (+36.7%), from €2,365 to €3,234
- Gross operating margin +€49,873
up €49,873 (+92.9%), from -€53,711 to -€3,839
- Other operating charges +€857
up €857 (+114.6%), from €748 to €1,605
- Financial charges -€744
down €744 (-81.2%), from €917 to €173
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 | €38,711 | €33,425 | -€5,286 | -13.7% |
| Fixed assets | 21/28 | €12,290 | €7,393 | -€4,897 | -39.8% |
| Tangible fixed assets | 22/27 | €8,465 | €7,393 | -€1,072 | -12.7% |
| Plant, machinery and equipment | 23 | €1,750 | €1,256 | -€494 | -28.2% |
| Furniture and vehicles | 24 | €6,715 | €6,137 | -€579 | -8.6% |
| Financial fixed assets | 28 | €3,825 | - | -€3,825 | |
| Current assets | 29/58 | €26,420 | €26,032 | -€388 | -1.5% |
| Amounts receivable within one year | 40/41 | €14,512 | €20,168 | +€5,655 | +39.0% |
| Trade receivables | 40 | €10,588 | €13,497 | +€2,909 | +27.5% |
| Other amounts receivable | 41 | €3,925 | €6,670 | +€2,746 | +70.0% |
| Cash at bank and in hand | 54/58 | €11,571 | €4,087 | -€7,484 | -64.7% |
| Deferred charges and accrued income | 490/1 | €337 | €1,777 | +€1,440 | +427.6% |
| Total equity and liabilities | 10/49 | €38,711 | €33,425 | -€5,286 | -13.7% |
| Equity | 10/15 | €30,565 | €22,101 | -€8,463 | -27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €125,100 | €125,100 | = | 0.0% |
| Distributable reserves | 133 | €125,100 | €125,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,735 | -€109,199 | -€8,463 | -8.4% |
| Amounts payable | 17/49 | €8,146 | €11,324 | +€3,178 | +39.0% |
| Amounts payable within one year | 42/48 | €8,146 | €11,324 | +€3,178 | +39.0% |
| Trade debts | 44 | €2,365 | €3,234 | +€869 | +36.7% |
| Suppliers | 440/4 | €2,365 | €3,234 | +€869 | +36.7% |
| Taxes, remuneration and social security | 45 | €5,781 | €8,090 | +€2,309 | +39.9% |
| Taxes | 450/3 | €5,781 | €6,090 | +€309 | +5.3% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Non-recurring operating income | 76A | €1,160 | €3,674 | +€2,514 | +216.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,350 | €2,642 | +€292 | +12.4% |
| Other operating charges | 640/8 | €748 | €1,605 | +€857 | +114.6% |
| Gross operating margin | 9900 | -€53,711 | -€3,839 | +€49,873 | +92.9% |
| Operating profit (loss) | 9901 | -€56,809 | -€8,085 | +€48,724 | +85.8% |
| Financial income | 75/76B | €203 | €33 | -€170 | -83.6% |
| Recurring financial income | 75 | €203 | €33 | -€170 | -83.6% |
| Financial charges | 65/66B | €917 | €173 | -€744 | -81.2% |
| Recurring financial charges | 65 | €917 | €173 | -€744 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | -€57,523 | -€8,224 | +€49,298 | +85.7% |
| Income taxes | 67/77 | €395 | €239 | -€156 | -39.5% |
| Profit (loss) for the period | 9904 | -€57,918 | -€8,463 | +€49,454 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,918 | -€8,463 | +€49,454 | +85.4% |
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 11 October 2026 via checked.be.