BRASZY: 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.
BRASZY
Largest movements
- Cash -€127,934
down €127,934 (-46.5%), from €274,907 to €146,973
mainly Trade debts (-€101,519) and Investment in fixed assets (net) (-€40,000)
- Tangible fixed assets +€37,655
new in 2025: €37,655
- Trade debts -€101,519
down €101,519 (-97.8%), from €103,835 to €2,316
- Reserves +€15,547
up €15,547 (+13.6%), from €114,620 to €130,167
- Tax, wage and social debts -€7,720
down €7,720 (-27.6%), from €27,983 to €20,262
of which Taxes: -€9,106
- Gross operating margin +€3,935
up €3,935 (+2.4%), from €165,772 to €169,708
- Staff costs +€3,784
up €3,784 (+2.9%), from €128,839 to €132,623
- Depreciation +€2,345
new in 2025: €2,345
- Financial charges -€1,750
down €1,750 (-25.0%), from €6,990 to €5,240
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 | €330,976 | €238,734 | -€92,242 | -27.9% |
| Fixed assets | 21/28 | €500 | €38,155 | +€37,655 | +7531.0% |
| Tangible fixed assets | 22/27 | - | €37,655 | +€37,655 | |
| Furniture and vehicles | 24 | - | €37,655 | +€37,655 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €330,476 | €200,579 | -€129,897 | -39.3% |
| Stocks and contracts in progress | 3 | €10,900 | €11,055 | +€155 | +1.4% |
| Stocks | 30/36 | €10,900 | €11,055 | +€155 | +1.4% |
| Amounts receivable within one year | 40/41 | €42,296 | €41,851 | -€445 | -1.1% |
| Trade receivables | 40 | €41,559 | €41,851 | +€292 | +0.7% |
| Other amounts receivable | 41 | €737 | €0 | -€737 | -100.0% |
| Cash at bank and in hand | 54/58 | €274,907 | €146,973 | -€127,934 | -46.5% |
| Deferred charges and accrued income | 490/1 | €2,373 | €699 | -€1,673 | -70.5% |
| Total equity and liabilities | 10/49 | €330,976 | €238,734 | -€92,242 | -27.9% |
| Equity | 10/15 | €120,820 | €136,367 | +€15,547 | +12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,620 | €130,167 | +€15,547 | +13.6% |
| Distributable reserves | 133 | €114,620 | €130,167 | +€15,547 | +13.6% |
| Amounts payable | 17/49 | €210,156 | €102,367 | -€107,789 | -51.3% |
| Amounts payable within one year | 42/48 | €203,407 | €97,191 | -€106,216 | -52.2% |
| Trade debts | 44 | €103,835 | €2,316 | -€101,519 | -97.8% |
| Suppliers | 440/4 | €103,835 | €2,316 | -€101,519 | -97.8% |
| Taxes, remuneration and social security | 45 | €27,983 | €20,262 | -€7,720 | -27.6% |
| Taxes | 450/3 | €14,712 | €5,606 | -€9,106 | -61.9% |
| Remuneration and social security | 454/9 | €13,271 | €14,657 | +€1,386 | +10.4% |
| Other amounts payable | 47/48 | €71,590 | €74,613 | +€3,023 | +4.2% |
| Accrued charges and deferred income | 492/3 | €6,748 | €5,176 | -€1,573 | -23.3% |
| Remuneration, social security and pensions | 62 | €128,839 | €132,623 | +€3,784 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,345 | +€2,345 | |
| Other operating charges | 640/8 | €5,504 | €6,493 | +€988 | +18.0% |
| Gross operating margin | 9900 | €165,772 | €169,708 | +€3,935 | +2.4% |
| Operating profit (loss) | 9901 | €31,429 | €28,247 | -€3,182 | -10.1% |
| Financial income | 75/76B | €2 | €181 | +€179 | +8971.4% |
| Recurring financial income | 75 | €2 | €181 | +€179 | +8971.4% |
| Financial charges | 65/66B | €6,990 | €5,240 | -€1,750 | -25.0% |
| Recurring financial charges | 65 | €6,990 | €5,240 | -€1,750 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €24,441 | €23,187 | -€1,254 | -5.1% |
| Income taxes | 67/77 | €8,329 | €7,640 | -€688 | -8.3% |
| Profit (loss) for the period | 9904 | €16,112 | €15,547 | -€565 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,112 | €15,547 | -€565 | -3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.