BRAVO BIS: 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.
BRAVO BIS
Largest movements
- Receivables after one year +€21,781
up €21,781 (+10.2%), from €213,193 to €234,974
- Profit (loss) carried forward +€54,086
up €54,086 (+71.5%), from €75,668 to €129,754
- Other debts -€46,700
no longer reported in 2024 (was €46,700)
- Tax, wage and social debts +€21,899
up €21,899 (+78.8%), from €27,788 to €49,687
- Trade debts -€9,977
down €9,977 (-88.0%), from €11,339 to €1,362
- Gross operating margin +€61,608
up €61,608 (+515.1%), from €11,960 to €73,567
- Taxes +€15,728
up €15,728 (+271.8%), from €5,786 to €21,514
- Depreciation +€980
up €980 (+119.9%), from €818 to €1,798
- Financial income +€804
up €804 (+11.2%), from €7,144 to €7,947
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 | €222,027 | €241,373 | +€19,346 | +8.7% |
| Fixed assets | 21/28 | €8,197 | €6,399 | -€1,798 | -21.9% |
| Tangible fixed assets | 22/27 | €8,172 | €6,374 | -€1,798 | -22.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €8,172 | €6,374 | -€1,798 | -22.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €213,830 | €234,974 | +€21,144 | +9.9% |
| Amounts receivable after more than one year | 29 | €213,193 | €234,974 | +€21,781 | +10.2% |
| Other amounts receivable | 291 | €213,193 | €234,974 | +€21,781 | +10.2% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €637 | - | -€637 | |
| Total equity and liabilities | 10/49 | €222,027 | €241,373 | +€19,346 | +8.7% |
| Equity | 10/15 | €128,728 | €182,814 | +€54,086 | +42.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €46,860 | €46,860 | = | 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% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,668 | €129,754 | +€54,086 | +71.5% |
| Amounts payable | 17/49 | €93,299 | €58,559 | -€34,740 | -37.2% |
| Amounts payable within one year | 42/48 | €93,299 | €58,559 | -€34,740 | -37.2% |
| Financial debts | 43 | €7,472 | €7,510 | +€39 | +0.5% |
| Credit institutions | 430/8 | €7,472 | €7,510 | +€39 | +0.5% |
| Trade debts | 44 | €11,339 | €1,362 | -€9,977 | -88.0% |
| Suppliers | 440/4 | €11,339 | €1,362 | -€9,977 | -88.0% |
| Taxes, remuneration and social security | 45 | €27,788 | €49,687 | +€21,899 | +78.8% |
| Taxes | 450/3 | €27,788 | €49,687 | +€21,899 | +78.8% |
| Other amounts payable | 47/48 | €46,700 | - | -€46,700 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €818 | €1,798 | +€980 | +119.9% |
| Other operating charges | 640/8 | €1,559 | €959 | -€600 | -38.5% |
| Gross operating margin | 9900 | €11,960 | €73,567 | +€61,608 | +515.1% |
| Operating profit (loss) | 9901 | €9,583 | €70,810 | +€61,227 | +638.9% |
| Financial income | 75/76B | €7,144 | €7,947 | +€804 | +11.2% |
| Recurring financial income | 75 | €7,144 | €7,947 | +€804 | +11.2% |
| Financial charges | 65/66B | €3,467 | €3,158 | -€309 | -8.9% |
| Recurring financial charges | 65 | €3,467 | €3,158 | -€309 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €13,260 | €75,600 | +€62,340 | +470.1% |
| Income taxes | 67/77 | €5,786 | €21,514 | +€15,728 | +271.8% |
| Profit (loss) for the period | 9904 | €7,474 | €54,086 | +€46,612 | +623.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,474 | €54,086 | +€46,612 | +623.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.