BrANdkare: 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.
BrANdkare
Largest movements
- Receivables within one year -€21,165
down €21,165 (-40.3%), from €52,520 to €31,356
- Tangible fixed assets -€12,210
down €12,210 (-2.6%), from €472,064 to €459,853
of which Land and buildings: -€10,182
- Debts after one year -€40,227
down €40,227 (-19.0%), from €211,429 to €171,201
- Reserves +€10,886
up €10,886 (+4.8%), from €226,030 to €236,916
- Tax, wage and social debts +€8,946
up €8,946 (+76.5%), from €11,693 to €20,640
- Short-term financial debts -€8,241
down €8,241 (-59.6%), from €13,823 to €5,582
- Other debts -€5,254
down €5,254 (-62.9%), from €8,359 to €3,105
- Gross operating margin +€34,538
up €34,538 (+34.1%), from €101,274 to €135,811
- Taxes +€11,984
up €11,984 (+56.7%), from €21,135 to €33,119
- Financial charges +€1,638
up €1,638 (+19.9%), from €8,229 to €9,867
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 | €524,804 | €491,209 | -€33,595 | -6.4% |
| Fixed assets | 21/28 | €472,064 | €459,853 | -€12,210 | -2.6% |
| Tangible fixed assets | 22/27 | €472,064 | €459,853 | -€12,210 | -2.6% |
| Land and buildings | 22 | €468,238 | €458,056 | -€10,182 | -2.2% |
| Plant, machinery and equipment | 23 | €3,414 | €1,550 | -€1,864 | -54.6% |
| Furniture and vehicles | 24 | €412 | €248 | -€164 | -39.9% |
| Current assets | 29/58 | €52,740 | €31,356 | -€21,385 | -40.5% |
| Amounts receivable within one year | 40/41 | €52,520 | €31,356 | -€21,165 | -40.3% |
| Trade receivables | 40 | €52,520 | €31,356 | -€21,165 | -40.3% |
| Cash at bank and in hand | 54/58 | €220 | - | -€220 | |
| Total equity and liabilities | 10/49 | €524,804 | €491,209 | -€33,595 | -6.4% |
| Equity | 10/15 | €233,197 | €244,083 | +€10,886 | +4.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €226,030 | €236,916 | +€10,886 | +4.8% |
| Distributable reserves | 133 | €226,030 | €236,916 | +€10,886 | +4.8% |
| Profit (loss) carried forward | 14 | €667 | €667 | = | 0.0% |
| Amounts payable | 17/49 | €291,607 | €247,126 | -€44,481 | -15.3% |
| Amounts payable after more than one year | 17 | €211,429 | €171,201 | -€40,227 | -19.0% |
| Financial debts | 170/4 | €211,429 | €171,201 | -€40,227 | -19.0% |
| Amounts payable within one year | 42/48 | €80,178 | €75,925 | -€4,253 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €39,581 | €39,905 | +€325 | +0.8% |
| Financial debts | 43 | €13,823 | €5,582 | -€8,241 | -59.6% |
| Credit institutions | 430/8 | €13,823 | €5,582 | -€8,241 | -59.6% |
| Trade debts | 44 | €6,722 | €6,693 | -€29 | -0.4% |
| Suppliers | 440/4 | €6,722 | €6,693 | -€29 | -0.4% |
| Taxes, remuneration and social security | 45 | €11,693 | €20,640 | +€8,946 | +76.5% |
| Taxes | 450/3 | €11,693 | €20,640 | +€8,946 | +76.5% |
| Other amounts payable | 47/48 | €8,359 | €3,105 | -€5,254 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,366 | €12,210 | -€156 | -1.3% |
| Other operating charges | 640/8 | €1,995 | €2,023 | +€28 | +1.4% |
| Gross operating margin | 9900 | €101,274 | €135,811 | +€34,538 | +34.1% |
| Operating profit (loss) | 9901 | €86,913 | €121,578 | +€34,665 | +39.9% |
| Financial charges | 65/66B | €8,229 | €9,867 | +€1,638 | +19.9% |
| Recurring financial charges | 65 | €8,229 | €9,867 | +€1,638 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €78,684 | €111,711 | +€33,027 | +42.0% |
| Income taxes | 67/77 | €21,135 | €33,119 | +€11,984 | +56.7% |
| Profit (loss) for the period | 9904 | €57,548 | €78,592 | +€21,043 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,548 | €78,592 | +€21,043 | +36.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.