BRAUS: 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.
BRAUS
Largest movements
- Receivables after one year -€39,701
down €39,701 (-100.0%), from €39,701 to €0
- Current investments -€23,070
down €23,070 (-100.0%), from €23,070 to €0
- Tangible fixed assets +€18,649
up €18,649 (+967.9%), from €1,927 to €20,576
of which Furniture and vehicles: +€16,980
- Cash -€14,795
down €14,795 (-18.0%), from €82,352 to €67,557
mainly Contributions, distributions and other (-€146,283) and Investment in fixed assets (net) (-€22,181)
- Receivables within one year -€11,270
down €11,270 (-90.6%), from €12,445 to €1,175
of which Other amounts receivable: -€9,657
- Reserves -€76,521
down €76,521 (-52.3%), from €146,283 to €69,763
- Other debts +€9,156
up €9,156, from €0 to €9,156
- Financial charges -€13,852
down €13,852, from €6,977 to -€6,874
- Gross operating margin +€9,256
up €9,256 (+13.6%), from €67,951 to €77,206
- Financial income +€4,501
up €4,501 (+263.9%), from €1,706 to €6,207
- Depreciation +€3,424
up €3,424 (+3165.5%), from €108 to €3,532
- Taxes +€1,937
up €1,937 (+13.7%), from €14,126 to €16,063
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 | €162,770 | €94,570 | -€68,200 | -41.9% |
| Fixed assets | 21/28 | €1,927 | €20,576 | +€18,649 | +967.9% |
| Tangible fixed assets | 22/27 | €1,927 | €20,576 | +€18,649 | +967.9% |
| Plant, machinery and equipment | 23 | - | €2,076 | +€2,076 | |
| Furniture and vehicles | 24 | - | €16,980 | +€16,980 | |
| Other tangible fixed assets | 26 | €1,927 | €1,520 | -€407 | -21.1% |
| Current assets | 29/58 | €160,844 | €73,994 | -€86,849 | -54.0% |
| Amounts receivable after more than one year | 29 | €39,701 | €0 | -€39,701 | -100.0% |
| Other amounts receivable | 291 | €39,701 | €0 | -€39,701 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,445 | €1,175 | -€11,270 | -90.6% |
| Trade receivables | 40 | €1,772 | €159 | -€1,613 | -91.0% |
| Other amounts receivable | 41 | €10,673 | €1,017 | -€9,657 | -90.5% |
| Current investments | 50/53 | €23,070 | €0 | -€23,070 | -100.0% |
| Cash at bank and in hand | 54/58 | €82,352 | €67,557 | -€14,795 | -18.0% |
| Deferred charges and accrued income | 490/1 | €3,275 | €5,262 | +€1,987 | +60.7% |
| Total equity and liabilities | 10/49 | €162,770 | €94,570 | -€68,200 | -41.9% |
| Equity | 10/15 | €150,283 | €73,763 | -€76,521 | -50.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €146,283 | €69,763 | -€76,521 | -52.3% |
| Distributable reserves | 133 | €146,283 | €69,763 | -€76,521 | -52.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,487 | €20,807 | +€8,320 | +66.6% |
| Amounts payable within one year | 42/48 | €12,487 | €20,807 | +€8,320 | +66.6% |
| Trade debts | 44 | €775 | €347 | -€428 | -55.2% |
| Suppliers | 440/4 | €775 | €347 | -€428 | -55.2% |
| Taxes, remuneration and social security | 45 | €11,713 | €11,304 | -€408 | -3.5% |
| Taxes | 450/3 | €11,713 | €11,304 | -€408 | -3.5% |
| Other amounts payable | 47/48 | €0 | €9,156 | +€9,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108 | €3,532 | +€3,424 | +3165.5% |
| Other operating charges | 640/8 | €505 | €930 | +€424 | +84.0% |
| Gross operating margin | 9900 | €67,951 | €77,206 | +€9,256 | +13.6% |
| Operating profit (loss) | 9901 | €67,337 | €72,745 | +€5,407 | +8.0% |
| Financial income | 75/76B | €1,706 | €6,207 | +€4,501 | +263.9% |
| Recurring financial income | 75 | €1,706 | €6,207 | +€4,501 | +263.9% |
| Financial charges | 65/66B | €6,977 | -€6,874 | -€13,852 | |
| Recurring financial charges | 65 | €6,977 | -€6,874 | -€13,852 | |
| Profit (loss) for the period before taxes | 9903 | €62,066 | €85,826 | +€23,760 | +38.3% |
| Income taxes | 67/77 | €14,126 | €16,063 | +€1,937 | +13.7% |
| Profit (loss) for the period | 9904 | €47,940 | €69,763 | +€21,823 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,940 | €69,763 | +€21,823 | +45.5% |
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 29 September 2026 via checked.be.