Bratixia: 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.
Bratixia
Largest movements
- Cash +€24,363
up €24,363 (+1269.7%), from €1,919 to €26,281
mainly Net result for the year (+€54,149) and Depreciation (+€18,148)
- Tangible fixed assets -€18,148
down €18,148 (-25.1%), from €72,287 to €54,138
- Receivables within one year +€5,559
up €5,559 (+8.9%), from €62,410 to €67,968
of which Trade receivables: +€2,803
- Profit (loss) carried forward +€54,149
up €54,149 (+65.7%), from €82,414 to €136,564
- Debts after one year -€52,143
down €52,143 (-50.5%), from €103,260 to €51,117
- Current portion of long-term debt +€17,565
up €17,565 (+50.3%), from €34,894 to €52,459
- Tax, wage and social debts -€5,922
down €5,922 (-35.5%), from €16,686 to €10,764
- Gross operating margin -€43,377
down €43,377 (-30.2%), from €143,396 to €100,019
- Taxes -€8,881
down €8,881 (-29.5%), from €30,064 to €21,183
- Depreciation -€3,689
down €3,689 (-16.9%), from €21,837 to €18,148
- Financial charges -€2,449
down €2,449 (-29.2%), from €8,379 to €5,929
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 | €244,625 | €257,243 | +€12,619 | +5.2% |
| Fixed assets | 21/28 | €172,287 | €154,138 | -€18,148 | -10.5% |
| Tangible fixed assets | 22/27 | €72,287 | €54,138 | -€18,148 | -25.1% |
| Furniture and vehicles | 24 | €72,287 | €54,138 | -€18,148 | -25.1% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €72,338 | €103,105 | +€30,767 | +42.5% |
| Amounts receivable within one year | 40/41 | €62,410 | €67,968 | +€5,559 | +8.9% |
| Trade receivables | 40 | €62,348 | €65,151 | +€2,803 | +4.5% |
| Other amounts receivable | 41 | €61 | €2,817 | +€2,756 | +4485.7% |
| Cash at bank and in hand | 54/58 | €1,919 | €26,281 | +€24,363 | +1269.7% |
| Deferred charges and accrued income | 490/1 | €8,010 | €8,856 | +€846 | +10.6% |
| Total equity and liabilities | 10/49 | €244,625 | €257,243 | +€12,619 | +5.2% |
| Equity | 10/15 | €83,414 | €137,564 | +€54,149 | +64.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,414 | €136,564 | +€54,149 | +65.7% |
| Amounts payable | 17/49 | €161,210 | €119,680 | -€41,530 | -25.8% |
| Amounts payable after more than one year | 17 | €103,260 | €51,117 | -€52,143 | -50.5% |
| Financial debts | 170/4 | €103,260 | €51,117 | -€52,143 | -50.5% |
| Amounts payable within one year | 42/48 | €57,950 | €68,563 | +€10,613 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €34,894 | €52,459 | +€17,565 | +50.3% |
| Trade debts | 44 | €3,099 | €2,764 | -€335 | -10.8% |
| Suppliers | 440/4 | €3,099 | €2,764 | -€335 | -10.8% |
| Taxes, remuneration and social security | 45 | €16,686 | €10,764 | -€5,922 | -35.5% |
| Taxes | 450/3 | €16,686 | €10,764 | -€5,922 | -35.5% |
| Other amounts payable | 47/48 | €3,271 | €2,576 | -€695 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,837 | €18,148 | -€3,689 | -16.9% |
| Other operating charges | 640/8 | €794 | €609 | -€184 | -23.2% |
| Gross operating margin | 9900 | €143,396 | €100,019 | -€43,377 | -30.2% |
| Operating profit (loss) | 9901 | €120,765 | €81,262 | -€39,503 | -32.7% |
| Financial income | 75/76B | €93 | €0 | -€92 | -99.8% |
| Recurring financial income | 75 | €93 | €0 | -€92 | -99.8% |
| Financial charges | 65/66B | €8,379 | €5,929 | -€2,449 | -29.2% |
| Recurring financial charges | 65 | €8,379 | €5,929 | -€2,449 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €112,479 | €75,332 | -€37,146 | -33.0% |
| Income taxes | 67/77 | €30,064 | €21,183 | -€8,881 | -29.5% |
| Profit (loss) for the period | 9904 | €82,414 | €54,149 | -€28,265 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,414 | €54,149 | -€28,265 | -34.3% |
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 5 October 2026 via checked.be.