Brate: 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.
Brate
Largest movements
- Receivables within one year +€20,103
up €20,103 (+255.6%), from €7,865 to €27,968
of which Other amounts receivable: +€20,000
- Cash +€15,504
up €15,504 (+48.6%), from €31,878 to €47,381
mainly Net result for the year (+€35,501) and Tax, wage and social debts (+€4,545)
- Tangible fixed assets +€4,692
new in 2025: €4,692
of which Furniture and vehicles: +€3,458
- Deferred charges and accrued income +€1,743
up €1,743 (+12234.7%), from €14 to €1,758
- Reserves +€35,501
up €35,501 (+170.0%), from €20,882 to €56,383
- Tax, wage and social debts +€4,545
up €4,545 (+36.1%), from €12,594 to €17,139
- Trade debts +€1,660
up €1,660 (+124.1%), from €1,337 to €2,997
- Gross operating margin +€21,969
up €21,969 (+75.4%), from €29,141 to €51,110
- Taxes +€5,906
up €5,906 (+73.3%), from €8,063 to €13,969
- Depreciation +€600
new in 2025: €600
- Financial charges +€520
new in 2025: €520
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 | €39,813 | €81,855 | +€42,042 | +105.6% |
| Fixed assets | 21/28 | €57 | €4,749 | +€4,692 | +8275.0% |
| Tangible fixed assets | 22/27 | - | €4,692 | +€4,692 | |
| Land and buildings | 22 | - | €1,234 | +€1,234 | |
| Furniture and vehicles | 24 | - | €3,458 | +€3,458 | |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €39,757 | €77,107 | +€37,350 | +93.9% |
| Amounts receivable within one year | 40/41 | €7,865 | €27,968 | +€20,103 | +255.6% |
| Trade receivables | 40 | €7,865 | €7,968 | +€103 | +1.3% |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €31,878 | €47,381 | +€15,504 | +48.6% |
| Deferred charges and accrued income | 490/1 | €14 | €1,758 | +€1,743 | +12234.7% |
| Total equity and liabilities | 10/49 | €39,813 | €81,855 | +€42,042 | +105.6% |
| Equity | 10/15 | €25,882 | €61,383 | +€35,501 | +137.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,882 | €56,383 | +€35,501 | +170.0% |
| Distributable reserves | 133 | €20,882 | €56,383 | +€35,501 | +170.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €13,931 | €20,473 | +€6,541 | +47.0% |
| Amounts payable within one year | 42/48 | €13,931 | €20,473 | +€6,541 | +47.0% |
| Trade debts | 44 | €1,337 | €2,997 | +€1,660 | +124.1% |
| Suppliers | 440/4 | €1,337 | €2,997 | +€1,660 | +124.1% |
| Taxes, remuneration and social security | 45 | €12,594 | €17,139 | +€4,545 | +36.1% |
| Taxes | 450/3 | €12,594 | €17,139 | +€4,545 | +36.1% |
| Other amounts payable | 47/48 | - | €336 | +€336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €600 | +€600 | |
| Other operating charges | 640/8 | €261 | €570 | +€310 | +118.8% |
| Gross operating margin | 9900 | €29,141 | €51,110 | +€21,969 | +75.4% |
| Operating profit (loss) | 9901 | €28,880 | €49,940 | +€21,060 | +72.9% |
| Financial income | 75/76B | €65 | €49 | -€16 | -24.1% |
| Recurring financial income | 75 | €65 | €49 | -€16 | -24.1% |
| Financial charges | 65/66B | - | €520 | +€520 | |
| Recurring financial charges | 65 | - | €520 | +€520 | |
| Profit (loss) for the period before taxes | 9903 | €28,945 | €49,469 | +€20,525 | +70.9% |
| Income taxes | 67/77 | €8,063 | €13,969 | +€5,906 | +73.3% |
| Profit (loss) for the period | 9904 | €20,882 | €35,501 | +€14,618 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,882 | €35,501 | +€14,618 | +70.0% |
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 6 October 2026 via checked.be.