BRAVALCO: 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.
BRAVALCO
Largest movements
- Cash -€22,537
down €22,537 (-47.9%), from €47,023 to €24,486
mainly Contributions, distributions and other (-€38,564) and Other debts (-€34,988)
- Tangible fixed assets -€13,793
down €13,793 (-22.5%), from €61,406 to €47,613
of which Furniture and vehicles: -€13,411
- Other debts -€34,988
down €34,988 (-30.1%), from €116,086 to €81,097
- Tax, wage and social debts -€1,536
down €1,536 (-60.9%), from €2,523 to €987
- Gross operating margin -€3,325
down €3,325 (-4.8%), from €69,732 to €66,407
- Depreciation +€2,287
up €2,287 (+18.5%), from €12,382 to €14,670
- Taxes -€1,248
down €1,248 (-10.5%), from €11,843 to €10,594
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 | €139,311 | €103,241 | -€36,070 | -25.9% |
| Fixed assets | 21/28 | €61,406 | €47,613 | -€13,793 | -22.5% |
| Tangible fixed assets | 22/27 | €61,406 | €47,613 | -€13,793 | -22.5% |
| Plant, machinery and equipment | 23 | €659 | €277 | -€382 | -58.0% |
| Furniture and vehicles | 24 | €60,747 | €47,337 | -€13,411 | -22.1% |
| Current assets | 29/58 | €77,905 | €55,628 | -€22,277 | -28.6% |
| Amounts receivable within one year | 40/41 | €15,768 | €16,713 | +€945 | +6.0% |
| Trade receivables | 40 | €14,611 | €15,458 | +€847 | +5.8% |
| Other amounts receivable | 41 | €1,158 | €1,256 | +€98 | +8.5% |
| Current investments | 50/53 | €12,495 | €12,495 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,023 | €24,486 | -€22,537 | -47.9% |
| Deferred charges and accrued income | 490/1 | €2,619 | €1,934 | -€686 | -26.2% |
| Total equity and liabilities | 10/49 | €139,311 | €103,241 | -€36,070 | -25.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €120,711 | €84,641 | -€36,070 | -29.9% |
| Amounts payable within one year | 42/48 | €119,457 | €83,037 | -€36,420 | -30.5% |
| Trade debts | 44 | €848 | €952 | +€104 | +12.3% |
| Suppliers | 440/4 | €848 | €952 | +€104 | +12.3% |
| Taxes, remuneration and social security | 45 | €2,523 | €987 | -€1,536 | -60.9% |
| Taxes | 450/3 | €2,523 | €987 | -€1,536 | -60.9% |
| Other amounts payable | 47/48 | €116,086 | €81,097 | -€34,988 | -30.1% |
| Accrued charges and deferred income | 492/3 | €1,254 | €1,604 | +€350 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,382 | €14,670 | +€2,287 | +18.5% |
| Other operating charges | 640/8 | €1,112 | €1,132 | +€20 | +1.8% |
| Gross operating margin | 9900 | €69,732 | €66,407 | -€3,325 | -4.8% |
| Operating profit (loss) | 9901 | €56,237 | €50,605 | -€5,632 | -10.0% |
| Financial charges | 65/66B | €1,100 | €1,447 | +€347 | +31.6% |
| Recurring financial charges | 65 | €1,100 | €1,447 | +€347 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €55,138 | €49,159 | -€5,979 | -10.8% |
| Income taxes | 67/77 | €11,843 | €10,594 | -€1,248 | -10.5% |
| Profit (loss) for the period | 9904 | €43,295 | €38,564 | -€4,731 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,295 | €38,564 | -€4,731 | -10.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.