Brass 2: 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.
Brass 2
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€42.5m
down €42.5m (-86.1%), from €49.4m to €6.9m
of which Non-recurring financial income: -€36.5m
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 | €112,864,070 | €112,862,328 | -€1,742 | 0.0% |
| Fixed assets | 21/28 | €112,853,339 | €112,853,339 | = | 0.0% |
| Financial fixed assets | 28 | €112,853,339 | €112,853,339 | = | 0.0% |
| Affiliated companies | 280/1 | €112,853,339 | €112,853,339 | = | 0.0% |
| Participating interests | 280 | €112,853,339 | €112,853,339 | = | 0.0% |
| Current assets | 29/58 | €10,731 | €8,989 | -€1,742 | -16.2% |
| Cash at bank and in hand | 54/58 | €10,731 | €8,989 | -€1,742 | -16.2% |
| Total equity and liabilities | 10/49 | €112,864,070 | €112,862,328 | -€1,742 | 0.0% |
| Equity | 10/15 | €112,740,158 | €112,735,257 | -€4,901 | 0.0% |
| Contributions | 10/11 | €63,413,102 | €63,413,102 | = | 0.0% |
| Reserves | 13 | €49,327,000 | €49,322,155 | -€4,845 | 0.0% |
| Distributable reserves | 133 | €49,327,000 | €49,322,155 | -€4,845 | 0.0% |
| Profit (loss) carried forward | 14 | €56 | - | -€56 | |
| Amounts payable | 17/49 | €123,912 | €127,071 | +€3,159 | +2.5% |
| Amounts payable within one year | 42/48 | €120,198 | €124,110 | +€3,911 | +3.3% |
| Trade debts | 44 | - | €198 | +€198 | |
| Suppliers | 440/4 | - | €198 | +€198 | |
| Other amounts payable | 47/48 | €120,198 | €123,912 | +€3,714 | +3.1% |
| Accrued charges and deferred income | 492/3 | €3,714 | €2,962 | -€752 | -20.3% |
| Operating charges | 60/66A | €9,342 | €1,886 | -€7,457 | -79.8% |
| Services and other goods | 61 | €7,649 | €198 | -€7,451 | -97.4% |
| Other operating charges | 640/8 | €1,694 | €1,688 | -€6 | -0.3% |
| Operating profit (loss) | 9901 | -€9,342 | -€1,886 | +€7,457 | +79.8% |
| Financial income | 75/76B | €49,380,721 | €6,850,000 | -€42.5m | -86.1% |
| Recurring financial income | 75 | €12,925,903 | €6,850,000 | -€6.1m | -47.0% |
| Income from financial fixed assets | 750 | €12,925,903 | €6,850,000 | -€6.1m | -47.0% |
| Non-recurring financial income | 76B | €36,454,818 | - | -€36.5m | |
| Financial charges | 65/66B | €3,814 | €3,016 | -€799 | -20.9% |
| Recurring financial charges | 65 | €3,814 | €3,016 | -€799 | -20.9% |
| Debt charges | 650 | €3,714 | €2,962 | -€752 | -20.3% |
| Other financial charges | 652/9 | €101 | €54 | -€47 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €49,367,564 | €6,845,099 | -€42.5m | -86.1% |
| Profit (loss) for the period | 9904 | €49,367,564 | €6,845,099 | -€42.5m | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,367,564 | €6,845,099 | -€42.5m | -86.1% |
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 12 October 2026 via checked.be.