BRASSINE: 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.
BRASSINE
Largest movements
- Tangible fixed assets -€265
down €265 (-20.0%), from €1,325 to €1,060
- Cash +€191
up €191 (+159%), from €120 to €311
mainly Other debts (+€3,755) and Depreciation (+€265)
- Receivables within one year +€59
up €59 (+7.1%), from €828 to €887
- Other debts +€3,755
up €3,755 (+3.1%), from €120,265 to €124,020
- Profit (loss) carried forward -€3,727
down €3,727 (-2.7%), from -€136,663 to -€140,390
- Trade debts -€43
down €43 (-23.4%), from €184 to €141
- Gross operating margin -€202
down €202 (-8.2%), from -€2,451 to -€2,653
- Other operating charges -€154
down €154 (-19.9%), from €774 to €620
- Staff costs -€52
no longer reported in 2025 (was €52)
- Financial charges +€27
up €27 (+16.7%), from €162 to €189
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.
Derived cash bridge
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 | €2,386 | €2,371 | -€15 | -0.6% |
| Fixed assets | 21/28 | €1,325 | €1,060 | -€265 | -20.0% |
| Tangible fixed assets | 22/27 | €1,325 | €1,060 | -€265 | -20.0% |
| Land and buildings | 22 | €1,325 | €1,060 | -€265 | -20.0% |
| Current assets | 29/58 | €1,061 | €1,311 | +€250 | +23.6% |
| Stocks and contracts in progress | 3 | €113 | €113 | = | 0.0% |
| Stocks | 30/36 | €113 | €113 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €828 | €887 | +€59 | +7.1% |
| Other amounts receivable | 41 | €828 | €887 | +€59 | +7.1% |
| Cash at bank and in hand | 54/58 | €120 | €311 | +€191 | +159% |
| Total equity and liabilities | 10/49 | €2,386 | €2,371 | -€15 | -0.6% |
| Equity | 10/15 | -€118,063 | -€121,790 | -€3,727 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,663 | -€140,390 | -€3,727 | -2.7% |
| Amounts payable | 17/49 | €120,449 | €124,161 | +€3,712 | +3.1% |
| Amounts payable within one year | 42/48 | €120,449 | €124,161 | +€3,712 | +3.1% |
| Trade debts | 44 | €184 | €141 | -€43 | -23.4% |
| Suppliers | 440/4 | €184 | €141 | -€43 | -23.4% |
| Other amounts payable | 47/48 | €120,265 | €124,020 | +€3,755 | +3.1% |
| Remuneration, social security and pensions | 62 | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €265 | = | 0.0% |
| Other operating charges | 640/8 | €774 | €620 | -€154 | -19.9% |
| Gross operating margin | 9900 | -€2,451 | -€2,653 | -€202 | -8.2% |
| Operating profit (loss) | 9901 | -€3,542 | -€3,538 | +€4 | +0.1% |
| Financial charges | 65/66B | €162 | €189 | +€27 | +16.7% |
| Recurring financial charges | 65 | €162 | €189 | +€27 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,704 | -€3,727 | -€23 | -0.6% |
| Profit (loss) for the period | 9904 | -€3,704 | -€3,727 | -€23 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,704 | -€3,727 | -€23 | -0.6% |
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 17 October 2026 via checked.be.