BRANTEGEM: 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.
BRANTEGEM
Largest movements
- Cash +€169,992
up €169,992 (+36.0%), from €472,433 to €642,425
mainly Net result for the year (+€157,924) and Tax, wage and social debts (+€35,432)
- Tangible fixed assets -€10,452
down €10,452 (-7.5%), from €139,989 to €129,537
of which Land and buildings: -€9,919
- Reserves +€157,924
up €157,924 (+27.9%), from €565,104 to €723,028
- Tax, wage and social debts +€35,432
new in 2025: €35,432
- Other debts -€34,738
down €34,738 (-51.1%), from €68,007 to €33,269
- Gross operating margin +€100,923
up €100,923 (+65.9%), from €153,180 to €254,103
- Taxes +€51,915
up €51,915 (+152.8%), from €33,974 to €85,889
- Depreciation +€3,272
up €3,272 (+45.6%), from €7,180 to €10,452
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 | €640,510 | €799,623 | +€159,113 | +24.8% |
| Fixed assets | 21/28 | €164,463 | €154,011 | -€10,452 | -6.4% |
| Intangible fixed assets | 21 | €24,474 | €24,474 | = | 0.0% |
| Tangible fixed assets | 22/27 | €139,989 | €129,537 | -€10,452 | -7.5% |
| Land and buildings | 22 | €139,456 | €129,537 | -€9,919 | -7.1% |
| Plant, machinery and equipment | 23 | €533 | - | -€533 | |
| Current assets | 29/58 | €476,047 | €645,612 | +€169,565 | +35.6% |
| Amounts receivable within one year | 40/41 | €1,863 | - | -€1,863 | |
| Trade receivables | 40 | €421 | - | -€421 | |
| Other amounts receivable | 41 | €1,442 | - | -€1,442 | |
| Cash at bank and in hand | 54/58 | €472,433 | €642,425 | +€169,992 | +36.0% |
| Deferred charges and accrued income | 490/1 | €1,751 | €3,187 | +€1,436 | +82.0% |
| Total equity and liabilities | 10/49 | €640,510 | €799,623 | +€159,113 | +24.8% |
| Equity | 10/15 | €571,301 | €729,225 | +€157,924 | +27.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €565,104 | €723,028 | +€157,924 | +27.9% |
| Distributable reserves | 133 | €565,104 | €723,028 | +€157,924 | +27.9% |
| Amounts payable | 17/49 | €69,209 | €70,398 | +€1,189 | +1.7% |
| Amounts payable within one year | 42/48 | €69,209 | €70,398 | +€1,189 | +1.7% |
| Trade debts | 44 | €1,202 | €1,697 | +€495 | +41.2% |
| Suppliers | 440/4 | €1,202 | €1,697 | +€495 | +41.2% |
| Taxes, remuneration and social security | 45 | - | €35,432 | +€35,432 | |
| Taxes | 450/3 | - | €35,432 | +€35,432 | |
| Other amounts payable | 47/48 | €68,007 | €33,269 | -€34,738 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,180 | €10,452 | +€3,272 | +45.6% |
| Gross operating margin | 9900 | €153,180 | €254,103 | +€100,923 | +65.9% |
| Operating profit (loss) | 9901 | €146,000 | €243,651 | +€97,651 | +66.9% |
| Financial income | 75/76B | €1,248 | €662 | -€586 | -47.0% |
| Recurring financial income | 75 | €1,248 | €662 | -€586 | -47.0% |
| Financial charges | 65/66B | €718 | €500 | -€218 | -30.4% |
| Recurring financial charges | 65 | €718 | €500 | -€218 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €146,530 | €243,813 | +€97,283 | +66.4% |
| Income taxes | 67/77 | €33,974 | €85,889 | +€51,915 | +152.8% |
| Profit (loss) for the period | 9904 | €112,556 | €157,924 | +€45,368 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,556 | €157,924 | +€45,368 | +40.3% |
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 11 October 2026 via checked.be.