BRANDSPORT S.A: 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.
BRANDSPORT S.A
Largest movements
- Cash +€92,301
up €92,301 (+28.0%), from €330,163 to €422,464
mainly Net result for the year (+€133,522) and Depreciation (+€26,138)
- Tangible fixed assets +€27,335
up €27,335 (+8.6%), from €316,970 to €344,304
of which Leasing and similar rights: +€25,595
- Receivables within one year -€16,702
down €16,702 (-44.7%), from €37,338 to €20,636
of which Other amounts receivable: -€17,826
- Deferred charges and accrued income -€9,392
down €9,392 (-91.7%), from €10,240 to €848
- Profit (loss) carried forward +€125,967
up €125,967 (+38.7%), from €325,859 to €451,826
- Reserves -€42,445
down €42,445 (-34.2%), from €124,009 to €81,564
of which Distributable reserves: -€42,445
- Gross operating margin -€38,749
down €38,749 (-9.2%), from €419,484 to €380,735
- Taxes -€17,408
down €17,408 (-28.8%), from €60,364 to €42,955
- Depreciation +€7,392
up €7,392 (+39.4%), from €18,746 to €26,138
- Staff costs +€4,512
up €4,512 (+3.0%), from €150,480 to €154,992
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 | €694,786 | €788,328 | +€93,542 | +13.5% |
| Fixed assets | 21/28 | €317,045 | €344,379 | +€27,335 | +8.6% |
| Tangible fixed assets | 22/27 | €316,970 | €344,304 | +€27,335 | +8.6% |
| Land and buildings | 22 | €259,275 | €257,170 | -€2,106 | -0.8% |
| Plant, machinery and equipment | 23 | €38,634 | €28,261 | -€10,373 | -26.8% |
| Furniture and vehicles | 24 | €3,398 | €22,787 | +€19,389 | +571% |
| Leasing and similar rights | 25 | - | €25,595 | +€25,595 | |
| Other tangible fixed assets | 26 | €15,662 | €10,491 | -€5,171 | -33.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €377,741 | €443,948 | +€66,207 | +17.5% |
| Amounts receivable within one year | 40/41 | €37,338 | €20,636 | -€16,702 | -44.7% |
| Trade receivables | 40 | €1,600 | €2,725 | +€1,125 | +70.3% |
| Other amounts receivable | 41 | €35,738 | €17,912 | -€17,826 | -49.9% |
| Cash at bank and in hand | 54/58 | €330,163 | €422,464 | +€92,301 | +28.0% |
| Deferred charges and accrued income | 490/1 | €10,240 | €848 | -€9,392 | -91.7% |
| Total equity and liabilities | 10/49 | €694,786 | €788,328 | +€93,542 | +13.5% |
| Equity | 10/15 | €573,815 | €657,337 | +€83,522 | +14.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €124,009 | €81,564 | -€42,445 | -34.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €111,615 | €69,170 | -€42,445 | -38.0% |
| Profit (loss) carried forward | 14 | €325,859 | €451,826 | +€125,967 | +38.7% |
| Amounts payable | 17/49 | €120,971 | €130,991 | +€10,020 | +8.3% |
| Amounts payable after more than one year | 17 | €65,612 | €70,966 | +€5,354 | +8.2% |
| Financial debts | 170/4 | €65,612 | €70,966 | +€5,354 | +8.2% |
| Amounts payable within one year | 42/48 | €53,059 | €54,437 | +€1,378 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €13,934 | €20,071 | +€6,137 | +44.0% |
| Trade debts | 44 | €17,254 | €13,913 | -€3,341 | -19.4% |
| Suppliers | 440/4 | €17,254 | €13,913 | -€3,341 | -19.4% |
| Taxes, remuneration and social security | 45 | €21,776 | €15,118 | -€6,658 | -30.6% |
| Taxes | 450/3 | €8,486 | €894 | -€7,592 | -89.5% |
| Remuneration and social security | 454/9 | €13,289 | €14,224 | +€934 | +7.0% |
| Other amounts payable | 47/48 | €95 | €5,335 | +€5,240 | +5,516% |
| Accrued charges and deferred income | 492/3 | €2,300 | €5,588 | +€3,288 | +143% |
| Remuneration, social security and pensions | 62 | €150,480 | €154,992 | +€4,512 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,746 | €26,138 | +€7,392 | +39.4% |
| Other operating charges | 640/8 | €18,757 | €18,531 | -€226 | -1.2% |
| Gross operating margin | 9900 | €419,484 | €380,735 | -€38,749 | -9.2% |
| Operating profit (loss) | 9901 | €231,500 | €181,074 | -€50,426 | -21.8% |
| Financial income | 75/76B | €1,891 | €69 | -€1,822 | -96.3% |
| Recurring financial income | 75 | €1,891 | €69 | -€1,822 | -96.3% |
| Financial charges | 65/66B | €5,561 | €4,666 | -€895 | -16.1% |
| Recurring financial charges | 65 | €5,561 | €4,666 | -€895 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €227,830 | €176,478 | -€51,353 | -22.5% |
| Income taxes | 67/77 | €60,364 | €42,955 | -€17,408 | -28.8% |
| Profit (loss) for the period | 9904 | €167,467 | €133,522 | -€33,945 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €167,467 | €133,522 | -€33,945 | -20.3% |
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 1 November 2026 via checked.be.