BraveBites: 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.
BraveBites
Largest movements
- Stocks and contracts -€8,487
down €8,487 (-26.9%), from €31,574 to €23,087
- Intangible fixed assets -€2,306
down €2,306 (-40.0%), from €5,760 to €3,454
- Cash -€2,251
down €2,251 (-92.0%), from €2,445 to €195
mainly Net result for the year (-€15,908) and Debts after one year (-€15,589)
- Receivables within one year -€1,201
down €1,201 (-67.2%), from €1,787 to €586
of which Other amounts receivable: -€1,004
- Other debts +€19,979
up €19,979 (+76.3%), from €26,200 to €46,179
- Profit (loss) carried forward -€15,908
down €15,908 (-42.3%), from -€37,648 to -€53,556
- Debts after one year -€15,589
down €15,589 (-79.6%), from €19,590 to €4,001
- Trade debts -€3,404
down €3,404 (-99.5%), from €3,419 to €16
- Current portion of long-term debt +€646
up €646 (+4.3%), from €14,943 to €15,589
- Gross operating margin +€19,043
up €19,043 (+61.3%), from -€31,088 to -€12,045
- Depreciation +€1,147
up €1,147 (+98.9%), from €1,160 to €2,306
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 | €41,567 | €27,322 | -€14,245 | -34.3% |
| Fixed assets | 21/28 | €5,760 | €3,454 | -€2,306 | -40.0% |
| Intangible fixed assets | 21 | €5,760 | €3,454 | -€2,306 | -40.0% |
| Current assets | 29/58 | €35,807 | €23,868 | -€11,939 | -33.3% |
| Stocks and contracts in progress | 3 | €31,574 | €23,087 | -€8,487 | -26.9% |
| Stocks | 30/36 | €31,574 | €23,087 | -€8,487 | -26.9% |
| Amounts receivable within one year | 40/41 | €1,787 | €586 | -€1,201 | -67.2% |
| Trade receivables | 40 | €736 | €539 | -€197 | -26.8% |
| Other amounts receivable | 41 | €1,051 | €48 | -€1,004 | -95.5% |
| Cash at bank and in hand | 54/58 | €2,445 | €195 | -€2,251 | -92.0% |
| Total equity and liabilities | 10/49 | €41,567 | €27,322 | -€14,245 | -34.3% |
| Equity | 10/15 | -€22,648 | -€38,556 | -€15,908 | -70.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,648 | -€53,556 | -€15,908 | -42.3% |
| Amounts payable | 17/49 | €64,215 | €65,878 | +€1,663 | +2.6% |
| Amounts payable after more than one year | 17 | €19,590 | €4,001 | -€15,589 | -79.6% |
| Financial debts | 170/4 | €19,590 | €4,001 | -€15,589 | -79.6% |
| Amounts payable within one year | 42/48 | €44,626 | €61,877 | +€17,251 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €14,943 | €15,589 | +€646 | +4.3% |
| Trade debts | 44 | €3,419 | €16 | -€3,404 | -99.5% |
| Suppliers | 440/4 | €3,419 | €16 | -€3,404 | -99.5% |
| Taxes, remuneration and social security | 45 | €64 | €94 | +€30 | +47.3% |
| Taxes | 450/3 | €64 | €94 | +€30 | +47.3% |
| Other amounts payable | 47/48 | €26,200 | €46,179 | +€19,979 | +76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €2,306 | +€1,147 | +98.9% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | -€31,088 | -€12,045 | +€19,043 | +61.3% |
| Operating profit (loss) | 9901 | -€32,248 | -€14,477 | +€17,770 | +55.1% |
| Financial income | 75/76B | €82 | €0 | -€82 | -99.6% |
| Recurring financial income | 75 | €82 | €0 | -€82 | -99.6% |
| Financial charges | 65/66B | €1,575 | €1,431 | -€144 | -9.1% |
| Recurring financial charges | 65 | €1,575 | €1,431 | -€144 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,740 | -€15,908 | +€17,832 | +52.9% |
| Profit (loss) for the period | 9904 | -€33,740 | -€15,908 | +€17,832 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,740 | -€15,908 | +€17,832 | +52.9% |
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 24 October 2026 via checked.be.