BRASCION: 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.
BRASCION
Largest movements
- Receivables within one year -€95,584
down €95,584 (-94.3%), from €101,398 to €5,813
of which Other amounts receivable: -€95,584
- Cash +€80,078
up €80,078 (+218.0%), from €36,733 to €116,811
mainly Receivables within one year (+€95,584) and Depreciation (+€28,112)
- Tangible fixed assets +€24,819
up €24,819 (+1.8%), from €1.4m to €1.4m
of which Assets under construction and advance payments: +€50,602
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€19,738
down €19,738 (-81.0%), from €24,353 to €4,615
- Gross operating margin +€8,633
up €8,633 (+20.4%), from €42,415 to €51,048
- Depreciation +€2,391
up €2,391 (+9.3%), from €25,721 to €28,112
- Financial income +€1,351
new in 2025: €1,351
- Financial charges -€834
down €834 (-4.1%), from €20,270 to €19,436
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 | €1,511,797 | €1,524,111 | +€12,313 | +0.8% |
| Fixed assets | 21/28 | €1,370,667 | €1,395,486 | +€24,819 | +1.8% |
| Tangible fixed assets | 22/27 | €1,370,667 | €1,395,486 | +€24,819 | +1.8% |
| Land and buildings | 22 | €1,262,485 | €1,238,029 | -€24,456 | -1.9% |
| Furniture and vehicles | 24 | €3,910 | €2,583 | -€1,327 | -33.9% |
| Assets under construction and advance payments | 27 | €104,272 | €154,874 | +€50,602 | +48.5% |
| Current assets | 29/58 | €141,131 | €128,625 | -€12,506 | -8.9% |
| Amounts receivable within one year | 40/41 | €101,398 | €5,813 | -€95,584 | -94.3% |
| Trade receivables | 40 | €1,398 | €1,398 | = | 0.0% |
| Other amounts receivable | 41 | €100,000 | €4,416 | -€95,584 | -95.6% |
| Cash at bank and in hand | 54/58 | €36,733 | €116,811 | +€80,078 | +218.0% |
| Deferred charges and accrued income | 490/1 | €3,000 | €6,000 | +€3,000 | +100.0% |
| Total equity and liabilities | 10/49 | €1,511,797 | €1,524,111 | +€12,313 | +0.8% |
| Equity | 10/15 | €180,527 | €180,763 | +€237 | +0.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €14,600 | - | -€14,600 | |
| Non-distributable reserves | 130/1 | €14,600 | - | -€14,600 | |
| Reserves not available under the articles | 1311 | €14,600 | - | -€14,600 | |
| Profit (loss) carried forward | 14 | -€34,073 | -€19,237 | +€14,837 | +43.5% |
| Amounts payable | 17/49 | €1,331,271 | €1,343,348 | +€12,077 | +0.9% |
| Amounts payable after more than one year | 17 | €1,265,491 | €1,262,250 | -€3,241 | -0.3% |
| Financial debts | 170/4 | €1,265,491 | €1,262,250 | -€3,241 | -0.3% |
| Amounts payable within one year | 42/48 | €31,409 | €34,886 | +€3,477 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €25,916 | €28,241 | +€2,325 | +9.0% |
| Trade debts | 44 | €5,493 | €6,645 | +€1,152 | +21.0% |
| Suppliers | 440/4 | €5,493 | €6,645 | +€1,152 | +21.0% |
| Accrued charges and deferred income | 492/3 | €34,371 | €46,212 | +€11,841 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,721 | €28,112 | +€2,391 | +9.3% |
| Other operating charges | 640/8 | €24,353 | €4,615 | -€19,738 | -81.0% |
| Gross operating margin | 9900 | €42,415 | €51,048 | +€8,633 | +20.4% |
| Operating profit (loss) | 9901 | -€7,658 | €18,321 | +€25,979 | |
| Financial income | 75/76B | - | €1,351 | +€1,351 | |
| Recurring financial income | 75 | - | €1,351 | +€1,351 | |
| Financial charges | 65/66B | €20,270 | €19,436 | -€834 | -4.1% |
| Recurring financial charges | 65 | €20,270 | €19,436 | -€834 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,928 | €237 | +€28,164 | |
| Profit (loss) for the period | 9904 | -€27,928 | €237 | +€28,164 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,928 | €237 | +€28,164 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.