BRAUW: 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.
BRAUW
Largest movements
- Tangible fixed assets -€28,420
down €28,420 (-20.5%), from €138,441 to €110,021
- Receivables within one year -€12,341
down €12,341 (-49.0%), from €25,177 to €12,836
of which Trade receivables: -€12,714
- Deferred charges and accrued income -€2,187
down €2,187 (-89.8%), from €2,436 to €249
- Debts after one year -€29,029
down €29,029 (-19.1%), from €151,950 to €122,921
- Profit (loss) carried forward -€19,251
down €19,251 (-53.3%), from -€36,131 to -€55,382
- Other debts +€6,528
up €6,528 (+203%), from €3,212 to €9,740
- Trade debts +€3,211
up €3,211 (+16.6%), from €19,315 to €22,526
- Tax, wage and social debts -€2,944
down €2,944 (-50.7%), from €5,805 to €2,861
- Gross operating margin -€11,288
down €11,288 (-37.9%), from €29,820 to €18,532
- Other operating charges -€8,950
down €8,950 (-65.6%), from €13,645 to €4,696
- Depreciation -€1,688
down €1,688 (-5.5%), from €30,465 to €28,777
- Financial charges -€453
down €453 (-8.8%), from €5,153 to €4,701
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,247 | €155,477 | -€39,770 | -20.4% |
| Fixed assets | 21/28 | €142,641 | €114,221 | -€28,420 | -19.9% |
| Tangible fixed assets | 22/27 | €138,441 | €110,021 | -€28,420 | -20.5% |
| Plant, machinery and equipment | 23 | €60,766 | €49,257 | -€11,509 | -18.9% |
| Furniture and vehicles | 24 | €7,894 | €3,590 | -€4,304 | -54.5% |
| Other tangible fixed assets | 26 | €69,781 | €57,174 | -€12,607 | -18.1% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €52,606 | €41,256 | -€11,350 | -21.6% |
| Stocks and contracts in progress | 3 | €23,237 | €24,667 | +€1,430 | +6.2% |
| Stocks | 30/36 | €23,237 | €24,667 | +€1,430 | +6.2% |
| Amounts receivable within one year | 40/41 | €25,177 | €12,836 | -€12,341 | -49.0% |
| Trade receivables | 40 | €19,603 | €6,889 | -€12,714 | -64.9% |
| Other amounts receivable | 41 | €5,574 | €5,947 | +€372 | +6.7% |
| Cash at bank and in hand | 54/58 | €1,756 | €3,505 | +€1,748 | +99.5% |
| Deferred charges and accrued income | 490/1 | €2,436 | €249 | -€2,187 | -89.8% |
| Total equity and liabilities | 10/49 | €195,247 | €155,477 | -€39,770 | -20.4% |
| Equity | 10/15 | -€16,131 | -€35,382 | -€19,251 | -119% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,131 | -€55,382 | -€19,251 | -53.3% |
| Amounts payable | 17/49 | €211,378 | €190,858 | -€20,519 | -9.7% |
| Amounts payable after more than one year | 17 | €151,950 | €122,921 | -€29,029 | -19.1% |
| Financial debts | 170/4 | €151,950 | €122,921 | -€29,029 | -19.1% |
| Amounts payable within one year | 42/48 | €59,062 | €67,126 | +€8,064 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €30,730 | €31,999 | +€1,269 | +4.1% |
| Trade debts | 44 | €19,315 | €22,526 | +€3,211 | +16.6% |
| Suppliers | 440/4 | €19,315 | €22,526 | +€3,211 | +16.6% |
| Taxes, remuneration and social security | 45 | €5,805 | €2,861 | -€2,944 | -50.7% |
| Taxes | 450/3 | €5,805 | €2,861 | -€2,944 | -50.7% |
| Other amounts payable | 47/48 | €3,212 | €9,740 | +€6,528 | +203% |
| Accrued charges and deferred income | 492/3 | €366 | €811 | +€445 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,465 | €28,777 | -€1,688 | -5.5% |
| Other operating charges | 640/8 | €13,645 | €4,696 | -€8,950 | -65.6% |
| Gross operating margin | 9900 | €29,820 | €18,532 | -€11,288 | -37.9% |
| Operating profit (loss) | 9901 | -€14,290 | -€14,940 | -€650 | -4.5% |
| Financial income | 75/76B | €298 | €390 | +€92 | +30.7% |
| Recurring financial income | 75 | €298 | €390 | +€92 | +30.7% |
| Financial charges | 65/66B | €5,153 | €4,701 | -€453 | -8.8% |
| Recurring financial charges | 65 | €5,153 | €4,701 | -€453 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,145 | -€19,251 | -€105 | -0.6% |
| Profit (loss) for the period | 9904 | -€19,145 | -€19,251 | -€105 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,145 | -€19,251 | -€105 | -0.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.