Brandorphine: 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.
Brandorphine
Largest movements
- Cash +€8,758
up €8,758 (+265%), from €3,309 to €12,067
mainly Net result for the year (+€11,426) and Trade debts (+€5,948)
- Receivables within one year +€6,057
up €6,057 (+662%), from €915 to €6,972
- Tangible fixed assets -€1,187
no longer reported in 2025 (was €1,187)
- Profit (loss) carried forward +€11,426
up €11,426, from -€5,203 to €6,223
- Trade debts +€5,948
up €5,948 (+929%), from €640 to €6,588
- Other debts -€3,802
down €3,802 (-60.8%), from €6,251 to €2,449
- Gross operating margin +€21,493
up €21,493, from -€6,703 to €14,790
- Taxes +€1,670
new in 2025: €1,670
- Other operating charges +€400
new in 2025: €400
- Depreciation -€191
down €191 (-13.8%), from €1,377 to €1,187
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 | €5,789 | €19,429 | +€13,640 | +236% |
| Fixed assets | 21/28 | €1,187 | - | -€1,187 | |
| Tangible fixed assets | 22/27 | €1,187 | - | -€1,187 | |
| Furniture and vehicles | 24 | €1,187 | - | -€1,187 | |
| Current assets | 29/58 | €4,602 | €19,429 | +€14,827 | +322% |
| Amounts receivable within one year | 40/41 | €915 | €6,972 | +€6,057 | +662% |
| Trade receivables | 40 | €915 | €6,972 | +€6,057 | +662% |
| Cash at bank and in hand | 54/58 | €3,309 | €12,067 | +€8,758 | +265% |
| Deferred charges and accrued income | 490/1 | €378 | €390 | +€12 | +3.1% |
| Total equity and liabilities | 10/49 | €5,789 | €19,429 | +€13,640 | +236% |
| Equity | 10/15 | -€3,203 | €8,223 | +€11,426 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,203 | €6,223 | +€11,426 | |
| Amounts payable | 17/49 | €8,992 | €11,206 | +€2,214 | +24.6% |
| Amounts payable within one year | 42/48 | €8,992 | €11,206 | +€2,214 | +24.6% |
| Trade debts | 44 | €640 | €6,588 | +€5,948 | +929% |
| Suppliers | 440/4 | €640 | €6,588 | +€5,948 | +929% |
| Taxes, remuneration and social security | 45 | €2,101 | €2,169 | +€69 | +3.3% |
| Taxes | 450/3 | €2,101 | €2,169 | +€69 | +3.3% |
| Other amounts payable | 47/48 | €6,251 | €2,449 | -€3,802 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,377 | €1,187 | -€191 | -13.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€6,703 | €14,790 | +€21,493 | |
| Operating profit (loss) | 9901 | -€8,080 | €13,204 | +€21,284 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €106 | €120 | +€14 | +13.0% |
| Recurring financial charges | 65 | €106 | €120 | +€14 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,186 | €13,097 | +€21,283 | |
| Income taxes | 67/77 | - | €1,670 | +€1,670 | |
| Profit (loss) for the period | 9904 | -€8,186 | €11,426 | +€19,612 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,186 | €11,426 | +€19,612 |
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 13 October 2026 via checked.be.