BRAVASUN: 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.
BRAVASUN
Largest movements
- Tangible fixed assets -€5,151
down €5,151 (-4.4%), from €117,577 to €112,426
- Debts after one year -€14,771
down €14,771 (-35.9%), from €41,146 to €26,375
- Other debts +€8,000
up €8,000 (+157%), from €5,096 to €13,096
- Trade debts +€3,553
up €3,553 (+52.8%), from €6,730 to €10,282
- Tax, wage and social debts -€2,270
no longer reported in 2025 (was €2,270)
- Profit (loss) carried forward -€1,543
down €1,543 (-7.7%), from €20,105 to €18,561
- Gross operating margin -€10,624
down €10,624 (-56.0%), from €18,984 to €8,360
- Taxes -€2,277
down €2,277, from €2,270 to -€7
- Financial charges -€653
down €653 (-19.3%), from €3,382 to €2,729
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 | €120,016 | €113,430 | -€6,585 | -5.5% |
| Fixed assets | 21/28 | €117,577 | €112,426 | -€5,151 | -4.4% |
| Tangible fixed assets | 22/27 | €117,577 | €112,426 | -€5,151 | -4.4% |
| Land and buildings | 22 | €117,577 | €112,426 | -€5,151 | -4.4% |
| Current assets | 29/58 | €2,439 | €1,005 | -€1,434 | -58.8% |
| Cash at bank and in hand | 54/58 | €836 | €45 | -€792 | -94.7% |
| Deferred charges and accrued income | 490/1 | €1,603 | €960 | -€643 | -40.1% |
| Total equity and liabilities | 10/49 | €120,016 | €113,430 | -€6,585 | -5.5% |
| Equity | 10/15 | €49,805 | €48,261 | -€1,543 | -3.1% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €2,700 | €2,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,700 | €2,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,105 | €18,561 | -€1,543 | -7.7% |
| Amounts payable | 17/49 | €70,211 | €65,169 | -€5,042 | -7.2% |
| Amounts payable after more than one year | 17 | €41,146 | €26,375 | -€14,771 | -35.9% |
| Financial debts | 170/4 | €41,146 | €26,375 | -€14,771 | -35.9% |
| Amounts payable within one year | 42/48 | €28,123 | €38,148 | +€10,025 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €14,028 | €14,771 | +€743 | +5.3% |
| Trade debts | 44 | €6,730 | €10,282 | +€3,553 | +52.8% |
| Suppliers | 440/4 | €6,730 | €10,282 | +€3,553 | +52.8% |
| Taxes, remuneration and social security | 45 | €2,270 | - | -€2,270 | |
| Taxes | 450/3 | €2,270 | - | -€2,270 | |
| Other amounts payable | 47/48 | €5,096 | €13,096 | +€8,000 | +157% |
| Accrued charges and deferred income | 492/3 | €942 | €645 | -€297 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,151 | €5,151 | = | 0.0% |
| Other operating charges | 640/8 | €1,970 | €2,030 | +€60 | +3.0% |
| Gross operating margin | 9900 | €18,984 | €8,360 | -€10,624 | -56.0% |
| Operating profit (loss) | 9901 | €11,863 | €1,179 | -€10,684 | -90.1% |
| Financial charges | 65/66B | €3,382 | €2,729 | -€653 | -19.3% |
| Recurring financial charges | 65 | €3,382 | €2,729 | -€653 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €8,481 | -€1,550 | -€10,031 | |
| Income taxes | 67/77 | €2,270 | -€7 | -€2,277 | |
| Profit (loss) for the period | 9904 | €6,211 | -€1,543 | -€7,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,211 | -€1,543 | -€7,754 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.