BRANTO: what changed
Two fiscal 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.
BRANTO
Largest movements
- Stocks and contracts -€34,341
down €34,341 (-80.5%), from €42,672 to €8,331
- Cash +€8,667
up €8,667 (+82.3%), from €10,529 to €19,196
mainly Stocks and contracts (+€34,341) and Trade debts (+€2,892)
- Tangible fixed assets -€1,089
down €1,089 (-63.5%), from €1,714 to €625
of which Plant, machinery and equipment: -€547
- Financial fixed assets -€1,002
down €1,002 (-48.9%), from €2,050 to €1,048
- Profit (loss) carried forward -€28,171
down €28,171 (-33.1%), from -€85,166 to -€113,337
- Trade debts +€2,892
up €2,892 (+1055.5%), from €274 to €3,166
- Tax, wage and social debts -€2,418
down €2,418 (-31.6%), from €7,657 to €5,239
of which Remuneration and social security: -€5,248
- Gross operating margin +€15,612
up €15,612 (+46.7%), from -€33,446 to -€17,834
- Other operating charges -€10,464
down €10,464 (-93.7%), from €11,165 to €701
- Write-downs +€8,331
new in 2025: €8,331
- Financial charges -€1,246
down €1,246 (-90.1%), from €1,383 to €137
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 | €62,157 | €34,297 | -€27,860 | -44.8% |
| Fixed assets | 21/28 | €3,764 | €1,673 | -€2,091 | -55.6% |
| Tangible fixed assets | 22/27 | €1,714 | €625 | -€1,089 | -63.5% |
| Plant, machinery and equipment | 23 | €605 | €58 | -€547 | -90.4% |
| Furniture and vehicles | 24 | €1,109 | €567 | -€542 | -48.9% |
| Financial fixed assets | 28 | €2,050 | €1,048 | -€1,002 | -48.9% |
| Current assets | 29/58 | €58,393 | €32,624 | -€25,769 | -44.1% |
| Stocks and contracts in progress | 3 | €42,672 | €8,331 | -€34,341 | -80.5% |
| Stocks | 30/36 | €42,672 | €8,331 | -€34,341 | -80.5% |
| Amounts receivable within one year | 40/41 | €4,728 | €4,696 | -€32 | -0.7% |
| Trade receivables | 40 | €4,638 | €330 | -€4,308 | -92.9% |
| Other amounts receivable | 41 | €90 | €4,366 | +€4,276 | +4751.1% |
| Cash at bank and in hand | 54/58 | €10,529 | €19,196 | +€8,667 | +82.3% |
| Deferred charges and accrued income | 490/1 | €464 | €401 | -€63 | -13.6% |
| Total equity and liabilities | 10/49 | €62,157 | €34,297 | -€27,860 | -44.8% |
| Equity | 10/15 | €54,063 | €25,892 | -€28,171 | -52.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,829 | €126,829 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €124,969 | €124,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,166 | -€113,337 | -€28,171 | -33.1% |
| Amounts payable | 17/49 | €8,094 | €8,405 | +€311 | +3.8% |
| Amounts payable within one year | 42/48 | €8,094 | €8,405 | +€311 | +3.8% |
| Trade debts | 44 | €274 | €3,166 | +€2,892 | +1055.5% |
| Suppliers | 440/4 | €274 | €3,166 | +€2,892 | +1055.5% |
| Taxes, remuneration and social security | 45 | €7,657 | €5,239 | -€2,418 | -31.6% |
| Taxes | 450/3 | €1,875 | €4,705 | +€2,830 | +150.9% |
| Remuneration and social security | 454/9 | €5,782 | €534 | -€5,248 | -90.8% |
| Other amounts payable | 47/48 | €163 | - | -€163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €1,089 | +€26 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,331 | +€8,331 | |
| Other operating charges | 640/8 | €11,165 | €701 | -€10,464 | -93.7% |
| Gross operating margin | 9900 | -€33,446 | -€17,834 | +€15,612 | +46.7% |
| Operating profit (loss) | 9901 | -€45,674 | -€27,955 | +€17,719 | +38.8% |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Financial charges | 65/66B | €1,383 | €137 | -€1,246 | -90.1% |
| Recurring financial charges | 65 | €1,383 | €137 | -€1,246 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | -€47,057 | -€27,971 | +€19,086 | +40.6% |
| Income taxes | 67/77 | €192 | €200 | +€8 | +4.2% |
| Profit (loss) for the period | 9904 | -€47,249 | -€28,171 | +€19,078 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,249 | -€28,171 | +€19,078 | +40.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.