BRASPENNINCX: 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.
BRASPENNINCX
Largest movements
- Tangible fixed assets -€25,108
down €25,108 (-14.5%), from €173,154 to €148,046
of which Furniture and vehicles: -€14,115
- Cash -€17,837
down €17,837 (-66.1%), from €26,985 to €9,148
mainly Debts after one year (-€32,770) and Trade debts (-€8,790)
- Stocks and contracts -€4,640
down €4,640 (-5.0%), from €93,604 to €88,964
- Current investments +€3,877
up €3,877 (+24.7%), from €15,679 to €19,557
- Debts after one year -€32,770
down €32,770 (-22.3%), from €147,066 to €114,296
- Trade debts -€8,790
down €8,790 (-50.5%), from €17,412 to €8,622
- Short-term financial debts +€4,794
up €4,794 (+14.4%), from €33,339 to €38,132
of which Other loans: +€5,737
- Gross operating margin +€17,097
up €17,097 (+22.3%), from €76,584 to €93,681
- Depreciation -€4,408
down €4,408 (-28.6%), from €15,401 to €10,993
- Financial charges -€2,688
down €2,688 (-25.2%), from €10,666 to €7,978
- Financial income -€2,204
down €2,204 (-100%), from €2,204 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,215 | €318,897 | -€40,318 | -11.2% |
| Fixed assets | 21/28 | €173,154 | €148,046 | -€25,108 | -14.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €173,154 | €148,046 | -€25,108 | -14.5% |
| Land and buildings | 22 | €150,000 | €140,000 | -€10,000 | -6.7% |
| Plant, machinery and equipment | 23 | €9,039 | €8,046 | -€993 | -11.0% |
| Furniture and vehicles | 24 | €14,115 | €0 | -€14,115 | -100% |
| Current assets | 29/58 | €186,062 | €170,851 | -€15,210 | -8.2% |
| Stocks and contracts in progress | 3 | €93,604 | €88,964 | -€4,640 | -5.0% |
| Stocks | 30/36 | €93,604 | €88,964 | -€4,640 | -5.0% |
| Amounts receivable within one year | 40/41 | €46,247 | €49,738 | +€3,491 | +7.5% |
| Trade receivables | 40 | €20,269 | €19,937 | -€332 | -1.6% |
| Other amounts receivable | 41 | €25,978 | €29,801 | +€3,823 | +14.7% |
| Current investments | 50/53 | €15,679 | €19,557 | +€3,877 | +24.7% |
| Cash at bank and in hand | 54/58 | €26,985 | €9,148 | -€17,837 | -66.1% |
| Deferred charges and accrued income | 490/1 | €3,546 | €3,445 | -€101 | -2.9% |
| Total equity and liabilities | 10/49 | €359,215 | €318,897 | -€40,318 | -11.2% |
| Equity | 10/15 | €100,415 | €99,220 | -€1,195 | -1.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €19,909 | €19,909 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €18,009 | €18,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,506 | €60,311 | -€1,195 | -1.9% |
| Amounts payable | 17/49 | €258,800 | €219,677 | -€39,123 | -15.1% |
| Amounts payable after more than one year | 17 | €147,066 | €114,296 | -€32,770 | -22.3% |
| Financial debts | 170/4 | €147,066 | €114,296 | -€32,770 | -22.3% |
| Amounts payable within one year | 42/48 | €111,734 | €105,381 | -€6,353 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €27,049 | €24,894 | -€2,156 | -8.0% |
| Financial debts | 43 | €33,339 | €38,132 | +€4,794 | +14.4% |
| Credit institutions | 430/8 | €4,076 | €3,132 | -€944 | -23.1% |
| Other loans | 439 | €29,263 | €35,000 | +€5,737 | +19.6% |
| Trade debts | 44 | €17,412 | €8,622 | -€8,790 | -50.5% |
| Suppliers | 440/4 | €17,412 | €8,622 | -€8,790 | -50.5% |
| Taxes, remuneration and social security | 45 | €32,784 | €33,126 | +€342 | +1.0% |
| Taxes | 450/3 | €22,650 | €19,467 | -€3,183 | -14.1% |
| Remuneration and social security | 454/9 | €10,134 | €13,659 | +€3,525 | +34.8% |
| Other amounts payable | 47/48 | €1,151 | €607 | -€543 | -47.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €65,254 | €65,073 | -€181 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,401 | €10,993 | -€4,408 | -28.6% |
| Other operating charges | 640/8 | €3,957 | €3,914 | -€42 | -1.1% |
| Non-recurring operating charges | 66A | - | €5,789 | +€5,789 | |
| Gross operating margin | 9900 | €76,584 | €93,681 | +€17,097 | +22.3% |
| Operating profit (loss) | 9901 | -€8,028 | €7,911 | +€15,939 | |
| Financial income | 75/76B | €2,204 | €0 | -€2,204 | -100% |
| Recurring financial income | 75 | €2,204 | €0 | -€2,204 | -100% |
| Financial charges | 65/66B | €10,666 | €7,978 | -€2,688 | -25.2% |
| Recurring financial charges | 65 | €10,666 | €7,978 | -€2,688 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,490 | -€67 | +€16,423 | +99.6% |
| Income taxes | 67/77 | €484 | €1,128 | +€644 | +133% |
| Profit (loss) for the period | 9904 | -€16,974 | -€1,195 | +€15,779 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,974 | -€1,195 | +€15,779 | +93.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.