BRANDOZ: 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.
BRANDOZ
Largest movements
- Cash -€1,897
down €1,897 (-96.8%), from €1,959 to €62
mainly Trade debts (-€2,640) and Net result for the year (-€1,299)
- Intangible fixed assets -€528
down €528 (-20.3%), from €2,596 to €2,068
- Trade debts -€2,640
down €2,640 (-47.9%), from €5,517 to €2,877
- Other debts +€1,514
up €1,514 (+38.3%), from €3,957 to €5,471
- Profit (loss) carried forward -€1,299
down €1,299 (-18.8%), from -€6,919 to -€8,219
- Gross operating margin +€6,195
up €6,195 (+90.8%), from -€6,824 to -€629
- Depreciation +€484
up €484 (+1087.6%), from €44 to €528
- Financial charges +€91
up €91 (+176.5%), from €51 to €142
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 | €4,555 | €2,129 | -€2,425 | -53.3% |
| Fixed assets | 21/28 | €2,596 | €2,068 | -€528 | -20.3% |
| Intangible fixed assets | 21 | €2,596 | €2,068 | -€528 | -20.3% |
| Current assets | 29/58 | €1,959 | €62 | -€1,897 | -96.8% |
| Cash at bank and in hand | 54/58 | €1,959 | €62 | -€1,897 | -96.8% |
| Total equity and liabilities | 10/49 | €4,555 | €2,129 | -€2,425 | -53.3% |
| Equity | 10/15 | -€4,919 | -€6,219 | -€1,299 | -26.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,919 | -€8,219 | -€1,299 | -18.8% |
| Amounts payable | 17/49 | €9,474 | €8,348 | -€1,126 | -11.9% |
| Amounts payable within one year | 42/48 | €9,474 | €8,348 | -€1,126 | -11.9% |
| Trade debts | 44 | €5,517 | €2,877 | -€2,640 | -47.9% |
| Suppliers | 440/4 | €5,517 | €2,877 | -€2,640 | -47.9% |
| Other amounts payable | 47/48 | €3,957 | €5,471 | +€1,514 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | €528 | +€484 | +1087.6% |
| Gross operating margin | 9900 | -€6,824 | -€629 | +€6,195 | +90.8% |
| Operating profit (loss) | 9901 | -€6,868 | -€1,157 | +€5,711 | +83.2% |
| Financial charges | 65/66B | €51 | €142 | +€91 | +176.5% |
| Recurring financial charges | 65 | €51 | €142 | +€91 | +176.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,919 | -€1,299 | +€5,620 | +81.2% |
| Profit (loss) for the period | 9904 | -€6,919 | -€1,299 | +€5,620 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,919 | -€1,299 | +€5,620 | +81.2% |
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 10 October 2026 via checked.be.