Brava Consult: 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.
Brava Consult
Largest movements
- Receivables within one year -€16,133
down €16,133 (-76.9%), from €20,973 to €4,840
- Cash +€16,045
up €16,045 (+119%), from €13,434 to €29,479
mainly Receivables within one year (+€16,133) and Other debts (+€14,100)
- Tangible fixed assets -€6,372
down €6,372 (-10.8%), from €59,116 to €52,745
of which Land and buildings: -€5,085
- Debts after one year -€44,901
down €44,901 (-21.4%), from €210,212 to €165,311
- Other debts +€14,100
up €14,100 (+34.8%), from €40,477 to €54,576
- Reserves +€13,473
up €13,473 (+15.4%), from €87,423 to €100,897
- Tax, wage and social debts +€7,140
up €7,140 (+27.7%), from €25,806 to €32,946
- Financial charges +€10,495
up €10,495 (+24.2%), from €43,379 to €53,874
- Gross operating margin +€2,450
up €2,450 (+2.9%), from €84,660 to €87,109
- Financial income -€1,941
down €1,941 (-72.4%), from €2,682 to €741
- Depreciation -€1,734
down €1,734 (-21.4%), from €8,105 to €6,372
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 | €523,792 | €513,911 | -€9,881 | -1.9% |
| Fixed assets | 21/28 | €350,677 | €344,305 | -€6,372 | -1.8% |
| Tangible fixed assets | 22/27 | €59,116 | €52,745 | -€6,372 | -10.8% |
| Land and buildings | 22 | €57,217 | €52,132 | -€5,085 | -8.9% |
| Plant, machinery and equipment | 23 | €993 | €613 | -€380 | -38.2% |
| Furniture and vehicles | 24 | €907 | - | -€907 | |
| Financial fixed assets | 28 | €291,561 | €291,561 | = | 0.0% |
| Current assets | 29/58 | €173,115 | €169,606 | -€3,510 | -2.0% |
| Amounts receivable after more than one year | 29 | €123,708 | €120,287 | -€3,422 | -2.8% |
| Other amounts receivable | 291 | €123,708 | €120,287 | -€3,422 | -2.8% |
| Amounts receivable within one year | 40/41 | €20,973 | €4,840 | -€16,133 | -76.9% |
| Trade receivables | 40 | €20,973 | €4,840 | -€16,133 | -76.9% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,434 | €29,479 | +€16,045 | +119% |
| Total equity and liabilities | 10/49 | €523,792 | €513,911 | -€9,881 | -1.9% |
| Equity | 10/15 | €94,423 | €107,897 | +€13,473 | +14.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €87,423 | €100,897 | +€13,473 | +15.4% |
| Distributable reserves | 133 | €87,423 | €100,897 | +€13,473 | +15.4% |
| Amounts payable | 17/49 | €429,369 | €406,015 | -€23,354 | -5.4% |
| Amounts payable after more than one year | 17 | €210,212 | €165,311 | -€44,901 | -21.4% |
| Financial debts | 170/4 | €210,212 | €165,311 | -€44,901 | -21.4% |
| Amounts payable within one year | 42/48 | €98,129 | €120,417 | +€22,288 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €5,201 | €5,201 | = | 0.0% |
| Financial debts | 43 | €26,556 | €26,684 | +€128 | +0.5% |
| Credit institutions | 430/8 | €26,556 | €26,684 | +€128 | +0.5% |
| Trade debts | 44 | €89 | €1,010 | +€921 | +1,033% |
| Suppliers | 440/4 | €89 | €1,010 | +€921 | +1,033% |
| Taxes, remuneration and social security | 45 | €25,806 | €32,946 | +€7,140 | +27.7% |
| Taxes | 450/3 | €25,806 | €32,946 | +€7,140 | +27.7% |
| Other amounts payable | 47/48 | €40,477 | €54,576 | +€14,100 | +34.8% |
| Accrued charges and deferred income | 492/3 | €121,027 | €120,287 | -€741 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,105 | €6,372 | -€1,734 | -21.4% |
| Other operating charges | 640/8 | €138 | €116 | -€22 | -15.8% |
| Gross operating margin | 9900 | €84,660 | €87,109 | +€2,450 | +2.9% |
| Operating profit (loss) | 9901 | €76,416 | €80,621 | +€4,205 | +5.5% |
| Financial income | 75/76B | €2,682 | €741 | -€1,941 | -72.4% |
| Recurring financial income | 75 | €2,682 | €741 | -€1,941 | -72.4% |
| Financial charges | 65/66B | €43,379 | €53,874 | +€10,495 | +24.2% |
| Recurring financial charges | 65 | €43,379 | €53,874 | +€10,495 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €35,719 | €27,488 | -€8,230 | -23.0% |
| Income taxes | 67/77 | €13,662 | €14,015 | +€353 | +2.6% |
| Profit (loss) for the period | 9904 | €22,057 | €13,473 | -€8,584 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,057 | €13,473 | -€8,584 | -38.9% |
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 17 October 2026 via checked.be.