BRAVAS: 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.
BRAVAS
Largest movements
- Cash +€15,849
up €15,849 (+92.1%), from €17,215 to €33,063
mainly Net result for the year (+€41,977) and Tax, wage and social debts (+€16,962)
- Receivables within one year -€3,905
down €3,905 (-25.6%), from €15,242 to €11,337
of which Other amounts receivable: -€2,407
- Tangible fixed assets -€1,612
down €1,612 (-53.9%), from €2,991 to €1,378
of which Plant, machinery and equipment: -€971
- Deferred charges and accrued income -€492
no longer reported in 2024 (was €492)
- Tax, wage and social debts +€16,962
up €16,962 (+179.2%), from €9,468 to €26,430
of which Taxes: +€11,463
- Other debts -€7,652
down €7,652 (-33.3%), from €22,950 to €15,298
- Reserves +€1,977
new in 2024: €1,977
- Trade debts -€1,447
down €1,447 (-95.2%), from €1,520 to €74
- Gross operating margin +€29,940
up €29,940 (+102.0%), from €29,358 to €59,298
- Taxes +€8,584
up €8,584 (+144.9%), from €5,925 to €14,509
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.
Cash bridge derived
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 | €35,938 | €45,779 | +€9,840 | +27.4% |
| Fixed assets | 21/28 | €2,991 | €1,378 | -€1,612 | -53.9% |
| Tangible fixed assets | 22/27 | €2,991 | €1,378 | -€1,612 | -53.9% |
| Plant, machinery and equipment | 23 | €2,137 | €1,166 | -€971 | -45.4% |
| Furniture and vehicles | 24 | €854 | €212 | -€642 | -75.2% |
| Current assets | 29/58 | €32,948 | €44,401 | +€11,453 | +34.8% |
| Amounts receivable within one year | 40/41 | €15,242 | €11,337 | -€3,905 | -25.6% |
| Trade receivables | 40 | €12,339 | €10,842 | -€1,497 | -12.1% |
| Other amounts receivable | 41 | €2,903 | €495 | -€2,407 | -82.9% |
| Cash at bank and in hand | 54/58 | €17,215 | €33,063 | +€15,849 | +92.1% |
| Deferred charges and accrued income | 490/1 | €492 | - | -€492 | |
| Total equity and liabilities | 10/49 | €35,938 | €45,779 | +€9,840 | +27.4% |
| Equity | 10/15 | €2,000 | €3,977 | +€1,977 | +98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €1,977 | +€1,977 | |
| Distributable reserves | 133 | - | €1,977 | +€1,977 | |
| Amounts payable | 17/49 | €33,938 | €41,802 | +€7,863 | +23.2% |
| Amounts payable within one year | 42/48 | €33,938 | €41,802 | +€7,863 | +23.2% |
| Trade debts | 44 | €1,520 | €74 | -€1,447 | -95.2% |
| Suppliers | 440/4 | €1,520 | €74 | -€1,447 | -95.2% |
| Taxes, remuneration and social security | 45 | €9,468 | €26,430 | +€16,962 | +179.2% |
| Taxes | 450/3 | €9,468 | €20,931 | +€11,463 | +121.1% |
| Remuneration and social security | 454/9 | - | €5,499 | +€5,499 | |
| Other amounts payable | 47/48 | €22,950 | €15,298 | -€7,652 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,949 | €1,612 | -€337 | -17.3% |
| Other operating charges | 640/8 | €744 | €1,296 | +€551 | +74.1% |
| Gross operating margin | 9900 | €29,358 | €59,298 | +€29,940 | +102.0% |
| Operating profit (loss) | 9901 | €26,664 | €56,390 | +€29,725 | +111.5% |
| Financial income | 75/76B | €0 | €188 | +€187 | +1874900.0% |
| Recurring financial income | 75 | €0 | €188 | +€187 | +1874900.0% |
| Financial charges | 65/66B | €178 | €91 | -€87 | -48.8% |
| Recurring financial charges | 65 | €178 | €91 | -€87 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €26,486 | €56,486 | +€30,000 | +113.3% |
| Income taxes | 67/77 | €5,925 | €14,509 | +€8,584 | +144.9% |
| Profit (loss) for the period | 9904 | €20,561 | €41,977 | +€21,416 | +104.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,561 | €41,977 | +€21,416 | +104.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.