BRASA ARGENTINA: what changed
BRASA ARGENTINA
Largest movements
- Cash -€75,435
down €75,435 (-81.5%), from €92,607 to €17,173
mainly Other debts (-€112,000) and Trade debts (-€56,375)
- Receivables within one year -€19,672
down €19,672 (-67.5%), from €29,149 to €9,477
of which Other amounts receivable: -€19,822
- Intangible fixed assets -€11,250
down €11,250 (-12.7%), from €88,675 to €77,425
- Tangible fixed assets -€8,959
down €8,959 (-53.6%), from €16,723 to €7,764
of which Plant, machinery and equipment: -€7,515
- Other debts -€112,000
down €112,000 (-75.4%), from €148,456 to €36,456
- Trade debts -€56,375
down €56,375 (-78.4%), from €71,948 to €15,573
- Profit (loss) carried forward +€29,644
up €29,644 (+519%), from €5,714 to €35,357
- Tax, wage and social debts +€24,525
up €24,525 (+144%), from €17,077 to €41,602
of which Remuneration and social security: +€14,906
- Staff costs -€26,660
down €26,660 (-13.5%), from €196,817 to €170,156
- Gross operating margin +€16,841
up €16,841 (+7.9%), from €213,326 to €230,166
- Taxes +€7,383
new in 2025: €7,383
- Financial charges -€5,972
down €5,972 (-82.2%), from €7,266 to €1,294
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €246,194 | €131,988 | -€114,206 | -46.4% |
| Fixed assets | 21/28 | €124,437 | €104,229 | -€20,209 | -16.2% |
| Intangible fixed assets | 21 | €88,675 | €77,425 | -€11,250 | -12.7% |
| Tangible fixed assets | 22/27 | €16,723 | €7,764 | -€8,959 | -53.6% |
| Land and buildings | 22 | €2,095 | €1,339 | -€756 | -36.1% |
| Plant, machinery and equipment | 23 | €13,601 | €6,086 | -€7,515 | -55.3% |
| Furniture and vehicles | 24 | €1,027 | €339 | -€688 | -67.0% |
| Financial fixed assets | 28 | €19,040 | €19,040 | = | 0.0% |
| Current assets | 29/58 | €121,756 | €27,759 | -€93,997 | -77.2% |
| Amounts receivable within one year | 40/41 | €29,149 | €9,477 | -€19,672 | -67.5% |
| Trade receivables | 40 | - | €150 | +€150 | |
| Other amounts receivable | 41 | €29,149 | €9,327 | -€19,822 | -68.0% |
| Cash at bank and in hand | 54/58 | €92,607 | €17,173 | -€75,435 | -81.5% |
| Deferred charges and accrued income | 490/1 | - | €1,110 | +€1,110 | |
| Total equity and liabilities | 10/49 | €246,194 | €131,988 | -€114,206 | -46.4% |
| Equity | 10/15 | €8,714 | €38,357 | +€29,644 | +340% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,714 | €35,357 | +€29,644 | +519% |
| Amounts payable | 17/49 | €237,480 | €93,630 | -€143,850 | -60.6% |
| Amounts payable within one year | 42/48 | €237,480 | €93,630 | -€143,850 | -60.6% |
| Trade debts | 44 | €71,948 | €15,573 | -€56,375 | -78.4% |
| Suppliers | 440/4 | €71,948 | €15,573 | -€56,375 | -78.4% |
| Taxes, remuneration and social security | 45 | €17,077 | €41,602 | +€24,525 | +144% |
| Taxes | 450/3 | €7,730 | €17,349 | +€9,619 | +124% |
| Remuneration and social security | 454/9 | €9,347 | €24,253 | +€14,906 | +159% |
| Other amounts payable | 47/48 | €148,456 | €36,456 | -€112,000 | -75.4% |
| Remuneration, social security and pensions | 62 | €196,817 | €170,156 | -€26,660 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,493 | €20,209 | -€284 | -1.4% |
| Other operating charges | 640/8 | €2,188 | €1,482 | -€706 | -32.3% |
| Gross operating margin | 9900 | €213,326 | €230,166 | +€16,841 | +7.9% |
| Operating profit (loss) | 9901 | -€6,173 | €38,319 | +€44,492 | |
| Financial income | 75/76B | €37 | €2 | -€35 | -95.7% |
| Recurring financial income | 75 | €37 | €2 | -€35 | -95.7% |
| Financial charges | 65/66B | €7,266 | €1,294 | -€5,972 | -82.2% |
| Recurring financial charges | 65 | €7,266 | €1,294 | -€5,972 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,402 | €37,027 | +€50,428 | |
| Income taxes | 67/77 | - | €7,383 | +€7,383 | |
| Profit (loss) for the period | 9904 | -€13,402 | €29,644 | +€43,045 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,402 | €29,644 | +€43,045 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.