Braun Business Development: 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.
Braun Business Development
Largest movements
- Cash +€29,237
up €29,237 (+361%), from €8,091 to €37,328
mainly Net result for the year (+€33,639) and Tax, wage and social debts (+€9,281)
- Tangible fixed assets -€8,950
down €8,950 (-44.2%), from €20,253 to €11,303
- Receivables within one year +€6,740
up €6,740 (+195%), from €3,462 to €10,203
of which Trade receivables: +€6,777
- Deferred charges and accrued income -€628
down €628 (-59.7%), from €1,053 to €425
- Profit (loss) carried forward +€33,639
up €33,639 (+21,525%), from €156 to €33,795
- Tax, wage and social debts +€9,281
up €9,281 (+3,197%), from €290 to €9,571
- Current portion of long-term debt -€7,286
down €7,286 (-65.8%), from €11,070 to €3,784
- Other debts -€5,183
down €5,183 (-58.5%), from €8,861 to €3,678
- Debts after one year -€3,784
down €3,784 (-100%), from €3,784 to €0
- Gross operating margin +€44,502
up €44,502 (+490%), from €9,076 to €53,578
- Taxes +€9,271
up €9,271 (+3,193%), from €290 to €9,561
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 | €32,859 | €59,258 | +€26,399 | +80.3% |
| Fixed assets | 21/28 | €20,253 | €11,303 | -€8,950 | -44.2% |
| Tangible fixed assets | 22/27 | €20,253 | €11,303 | -€8,950 | -44.2% |
| Furniture and vehicles | 24 | €20,253 | €11,303 | -€8,950 | -44.2% |
| Current assets | 29/58 | €12,606 | €47,955 | +€35,349 | +280% |
| Amounts receivable within one year | 40/41 | €3,462 | €10,203 | +€6,740 | +195% |
| Trade receivables | 40 | €3,033 | €9,810 | +€6,777 | +223% |
| Other amounts receivable | 41 | €430 | €393 | -€37 | -8.6% |
| Cash at bank and in hand | 54/58 | €8,091 | €37,328 | +€29,237 | +361% |
| Deferred charges and accrued income | 490/1 | €1,053 | €425 | -€628 | -59.7% |
| Total equity and liabilities | 10/49 | €32,859 | €59,258 | +€26,399 | +80.3% |
| Equity | 10/15 | €8,156 | €41,795 | +€33,639 | +412% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156 | €33,795 | +€33,639 | +21,525% |
| Amounts payable | 17/49 | €24,703 | €17,463 | -€7,240 | -29.3% |
| Amounts payable after more than one year | 17 | €3,784 | €0 | -€3,784 | -100% |
| Financial debts | 170/4 | €3,784 | €0 | -€3,784 | -100% |
| Amounts payable within one year | 42/48 | €20,919 | €17,463 | -€3,455 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €11,070 | €3,784 | -€7,286 | -65.8% |
| Trade debts | 44 | €697 | €430 | -€267 | -38.3% |
| Suppliers | 440/4 | €697 | €430 | -€267 | -38.3% |
| Taxes, remuneration and social security | 45 | €290 | €9,571 | +€9,281 | +3,197% |
| Taxes | 450/3 | €290 | €9,571 | +€9,281 | +3,197% |
| Other amounts payable | 47/48 | €8,861 | €3,678 | -€5,183 | -58.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,950 | €8,950 | = | 0.0% |
| Other operating charges | 640/8 | €819 | €976 | +€156 | +19.1% |
| Gross operating margin | 9900 | €9,076 | €53,578 | +€44,502 | +490% |
| Operating profit (loss) | 9901 | -€693 | €43,653 | +€44,346 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €870 | €454 | -€416 | -47.8% |
| Recurring financial charges | 65 | €870 | €454 | -€416 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,563 | €43,200 | +€44,763 | |
| Income taxes | 67/77 | €290 | €9,561 | +€9,271 | +3,193% |
| Profit (loss) for the period | 9904 | -€1,853 | €33,639 | +€35,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,853 | €33,639 | +€35,492 |
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 27 October 2026 via checked.be.