BRAVASORT: 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.
BRAVASORT
Largest movements
- Receivables within one year -€30,867
down €30,867 (-19.3%), from €159,788 to €128,921
of which Trade receivables: -€24,979
- Tangible fixed assets +€8,954
new in 2025: €8,954
- Cash +€3,279
up €3,279 (+340.4%), from €963 to €4,242
mainly Receivables within one year (+€30,867) and Tax, wage and social debts (+€4,262)
- Profit (loss) carried forward -€14,715
down €14,715 (-78.1%), from -€18,846 to -€33,561
- Trade debts -€10,190
down €10,190 (-70.2%), from €14,514 to €4,325
- Tax, wage and social debts +€4,262
up €4,262 (+353.8%), from €1,205 to €5,467
of which Taxes: +€4,262
- Other debts +€2,000
up €2,000 (+1.3%), from €156,626 to €158,626
- Gross operating margin -€145,767
down €145,767 (-79.1%), from €184,200 to €38,434
- Staff costs -€34,212
down €34,212 (-54.6%), from €62,697 to €28,485
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 | €161,558 | €142,916 | -€18,642 | -11.5% |
| Fixed assets | 21/28 | - | €8,954 | +€8,954 | |
| Tangible fixed assets | 22/27 | - | €8,954 | +€8,954 | |
| Plant, machinery and equipment | 23 | - | €8,954 | +€8,954 | |
| Current assets | 29/58 | €161,558 | €133,962 | -€27,596 | -17.1% |
| Amounts receivable within one year | 40/41 | €159,788 | €128,921 | -€30,867 | -19.3% |
| Trade receivables | 40 | €150,089 | €125,110 | -€24,979 | -16.6% |
| Other amounts receivable | 41 | €9,699 | €3,811 | -€5,888 | -60.7% |
| Cash at bank and in hand | 54/58 | €963 | €4,242 | +€3,279 | +340.4% |
| Deferred charges and accrued income | 490/1 | €807 | €800 | -€7 | -0.9% |
| Total equity and liabilities | 10/49 | €161,558 | €142,916 | -€18,642 | -11.5% |
| Equity | 10/15 | -€10,786 | -€25,501 | -€14,715 | -136.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,846 | -€33,561 | -€14,715 | -78.1% |
| Amounts payable | 17/49 | €172,345 | €168,417 | -€3,928 | -2.3% |
| Amounts payable within one year | 42/48 | €172,345 | €168,417 | -€3,928 | -2.3% |
| Trade debts | 44 | €14,514 | €4,325 | -€10,190 | -70.2% |
| Suppliers | 440/4 | €14,514 | €4,325 | -€10,190 | -70.2% |
| Taxes, remuneration and social security | 45 | €1,205 | €5,467 | +€4,262 | +353.8% |
| Taxes | 450/3 | €1,205 | €5,467 | +€4,262 | +353.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €156,626 | €158,626 | +€2,000 | +1.3% |
| Remuneration, social security and pensions | 62 | €62,697 | €28,485 | -€34,212 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,046 | +€1,046 | |
| Other operating charges | 640/8 | €2,277 | €723 | -€1,554 | -68.2% |
| Non-recurring operating charges | 66A | €53,940 | €22,758 | -€31,182 | -57.8% |
| Gross operating margin | 9900 | €184,200 | €38,434 | -€145,767 | -79.1% |
| Operating profit (loss) | 9901 | €65,286 | -€14,579 | -€79,865 | |
| Financial income | 75/76B | €0 | €91 | +€91 | +182760.0% |
| Recurring financial income | 75 | €0 | €91 | +€91 | +182760.0% |
| Financial charges | 65/66B | €1,206 | €227 | -€979 | -81.1% |
| Recurring financial charges | 65 | €1,206 | €227 | -€979 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €64,080 | -€14,715 | -€78,795 | |
| Profit (loss) for the period | 9904 | €64,080 | -€14,715 | -€78,795 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,080 | -€14,715 | -€78,795 |
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 2 October 2026 via checked.be.