BRAUNTRUCK: 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.
BRAUNTRUCK
Largest movements
- Receivables within one year +€777,361
up €777,361 (+827%), from €93,986 to €871,348
of which Trade receivables: +€799,762
- Tangible fixed assets -€257,195
down €257,195 (-8.1%), from €3.2m to €2.9m
of which Furniture and vehicles: -€158,446
- Deferred charges and accrued income -€60,477
down €60,477 (-81.4%), from €74,280 to €13,803
- Trade debts +€703,065
up €703,065 (+221%), from €318,602 to €1.0m
- Current portion of long-term debt -€308,035
down €308,035 (-62.9%), from €489,832 to €181,798
- Other debts +€185,898
up €185,898 (+18.2%), from €1.0m to €1.2m
- Accrued charges and deferred income -€77,013
down €77,013 (-98.5%), from €78,195 to €1,182
- Profit (loss) carried forward +€45,147
up €45,147 (+9.1%), from €497,565 to €542,713
- Financial income +€55,580
up €55,580 (+225%), from €24,700 to €80,280
of which Non-recurring financial income: +€55,595
- Depreciation +€46,882
up €46,882 (+16.1%), from €291,024 to €337,906
- Gross operating margin -€41,201
down €41,201 (-7.7%), from €532,100 to €490,900
- Other operating charges -€35,485
down €35,485 (-24.6%), from €143,997 to €108,512
- Provisions -€21,000
new in 2025: -€21,000
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 | €3,340,894 | €3,834,062 | +€493,167 | +14.8% |
| Fixed assets | 21/28 | €3,164,717 | €2,907,523 | -€257,195 | -8.1% |
| Tangible fixed assets | 22/27 | €3,164,717 | €2,907,523 | -€257,195 | -8.1% |
| Land and buildings | 22 | €1,184,305 | €1,137,368 | -€46,937 | -4.0% |
| Plant, machinery and equipment | 23 | €112,733 | €100,839 | -€11,894 | -10.6% |
| Furniture and vehicles | 24 | €503,212 | €344,766 | -€158,446 | -31.5% |
| Leasing and similar rights | 25 | €1,364,468 | €1,324,550 | -€39,918 | -2.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €176,177 | €926,539 | +€750,362 | +426% |
| Amounts receivable within one year | 40/41 | €93,986 | €871,348 | +€777,361 | +827% |
| Trade receivables | 40 | €52,004 | €851,766 | +€799,762 | +1,538% |
| Other amounts receivable | 41 | €41,983 | €19,582 | -€22,401 | -53.4% |
| Cash at bank and in hand | 54/58 | €7,911 | €41,388 | +€33,477 | +423% |
| Deferred charges and accrued income | 490/1 | €74,280 | €13,803 | -€60,477 | -81.4% |
| Total equity and liabilities | 10/49 | €3,340,894 | €3,834,062 | +€493,167 | +14.8% |
| Equity | 10/15 | €609,532 | €651,313 | +€41,782 | +6.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €497,565 | €542,713 | +€45,147 | +9.1% |
| Investment grants | 15 | €43,766 | €40,400 | -€3,366 | -7.7% |
| Provisions and deferred taxes | 16 | €61,000 | €40,000 | -€21,000 | -34.4% |
| Provisions for liabilities and charges | 160/5 | €61,000 | €40,000 | -€21,000 | -34.4% |
| Major repairs and maintenance | 162 | €61,000 | €40,000 | -€21,000 | -34.4% |
| Amounts payable | 17/49 | €2,670,363 | €3,142,748 | +€472,386 | +17.7% |
| Amounts payable after more than one year | 17 | €752,675 | €708,255 | -€44,420 | -5.9% |
| Financial debts | 170/4 | €752,675 | €708,255 | -€44,420 | -5.9% |
| Amounts payable within one year | 42/48 | €1,839,493 | €2,433,312 | +€593,819 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €489,832 | €181,798 | -€308,035 | -62.9% |
| Trade debts | 44 | €318,602 | €1,021,667 | +€703,065 | +221% |
| Suppliers | 440/4 | €318,602 | €1,021,667 | +€703,065 | +221% |
| Taxes, remuneration and social security | 45 | €9,721 | €22,611 | +€12,890 | +133% |
| Taxes | 450/3 | €9,721 | €22,611 | +€12,890 | +133% |
| Other amounts payable | 47/48 | €1,021,339 | €1,207,236 | +€185,898 | +18.2% |
| Accrued charges and deferred income | 492/3 | €78,195 | €1,182 | -€77,013 | -98.5% |
| Non-recurring operating income | 76A | €10,399 | €28,773 | +€18,374 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,024 | €337,906 | +€46,882 | +16.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€21,000 | -€21,000 | |
| Other operating charges | 640/8 | €143,997 | €108,512 | -€35,485 | -24.6% |
| Gross operating margin | 9900 | €532,100 | €490,900 | -€41,201 | -7.7% |
| Operating profit (loss) | 9901 | €97,079 | €65,482 | -€31,598 | -32.5% |
| Financial income | 75/76B | €24,700 | €80,280 | +€55,580 | +225% |
| Recurring financial income | 75 | €3,516 | €3,500 | -€16 | -0.4% |
| Non-recurring financial income | 76B | €21,185 | €76,780 | +€55,595 | +262% |
| Financial charges | 65/66B | €93,429 | €85,354 | -€8,074 | -8.6% |
| Recurring financial charges | 65 | €93,429 | €85,354 | -€8,074 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €28,351 | €60,407 | +€32,057 | +113% |
| Income taxes | 67/77 | €6,851 | €15,260 | +€8,410 | +123% |
| Profit (loss) for the period | 9904 | €21,500 | €45,147 | +€23,647 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €21,500 | €45,147 | +€23,647 | +110% |
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 21 October 2026 via checked.be.