BRAVO CONSULTING: 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 CONSULTING
Largest movements
- Receivables within one year -€24,533
down €24,533 (-20.7%), from €118,515 to €93,982
of which Trade receivables: -€33,859
- Cash +€5,432
up €5,432 (+41.8%), from €12,990 to €18,422
mainly Receivables within one year (+€24,533) and Net result for the year (+€20,843)
- Intangible fixed assets -€2,940
down €2,940 (-54.7%), from €5,376 to €2,436
- Tangible fixed assets -€2,275
down €2,275 (-55.5%), from €4,098 to €1,823
of which Plant, machinery and equipment: -€1,387
- Reserves -€24,700
down €24,700 (-18.6%), from €132,460 to €107,760
- Trade debts +€7,473
up €7,473 (+106%), from €7,062 to €14,535
- Tax, wage and social debts -€6,688
down €6,688 (-36.1%), from €18,501 to €11,813
- Gross operating margin -€20,282
down €20,282 (-34.3%), from €59,089 to €38,807
- Taxes -€6,991
down €6,991 (-42.0%), from €16,651 to €9,660
- Financial income -€2,946
down €2,946 (-53.6%), from €5,500 to €2,554
- Financial charges +€2,028
up €2,028 (+71.1%), from €2,854 to €4,883
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 | €171,679 | €146,608 | -€25,071 | -14.6% |
| Fixed assets | 21/28 | €11,974 | €6,759 | -€5,215 | -43.6% |
| Intangible fixed assets | 21 | €5,376 | €2,436 | -€2,940 | -54.7% |
| Tangible fixed assets | 22/27 | €4,098 | €1,823 | -€2,275 | -55.5% |
| Plant, machinery and equipment | 23 | €2,800 | €1,413 | -€1,387 | -49.5% |
| Furniture and vehicles | 24 | €1,297 | €410 | -€888 | -68.4% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €159,705 | €139,849 | -€19,856 | -12.4% |
| Amounts receivable within one year | 40/41 | €118,515 | €93,982 | -€24,533 | -20.7% |
| Trade receivables | 40 | €83,150 | €49,292 | -€33,859 | -40.7% |
| Other amounts receivable | 41 | €35,365 | €44,690 | +€9,325 | +26.4% |
| Current investments | 50/53 | €27,419 | €27,419 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,990 | €18,422 | +€5,432 | +41.8% |
| Deferred charges and accrued income | 490/1 | €781 | €27 | -€754 | -96.6% |
| Total equity and liabilities | 10/49 | €171,679 | €146,608 | -€25,071 | -14.6% |
| Equity | 10/15 | €146,116 | €120,259 | -€25,857 | -17.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €132,460 | €107,760 | -€24,700 | -18.6% |
| Distributable reserves | 133 | €132,460 | €107,760 | -€24,700 | -18.6% |
| Profit (loss) carried forward | 14 | €1,256 | €99 | -€1,157 | -92.1% |
| Amounts payable | 17/49 | €25,563 | €26,349 | +€786 | +3.1% |
| Amounts payable within one year | 42/48 | €25,563 | €26,349 | +€786 | +3.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,062 | €14,535 | +€7,473 | +106% |
| Suppliers | 440/4 | €7,062 | €14,535 | +€7,473 | +106% |
| Taxes, remuneration and social security | 45 | €18,501 | €11,813 | -€6,688 | -36.1% |
| Taxes | 450/3 | €18,501 | €11,813 | -€6,688 | -36.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,215 | €5,215 | = | 0.0% |
| Other operating charges | 640/8 | €448 | €760 | +€312 | +69.6% |
| Gross operating margin | 9900 | €59,089 | €38,807 | -€20,282 | -34.3% |
| Operating profit (loss) | 9901 | €53,426 | €32,832 | -€20,594 | -38.5% |
| Financial income | 75/76B | €5,500 | €2,554 | -€2,946 | -53.6% |
| Recurring financial income | 75 | €5,500 | €2,554 | -€2,946 | -53.6% |
| Financial charges | 65/66B | €2,854 | €4,883 | +€2,028 | +71.1% |
| Recurring financial charges | 65 | €2,854 | €4,883 | +€2,028 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | €56,072 | €30,504 | -€25,568 | -45.6% |
| Income taxes | 67/77 | €16,651 | €9,660 | -€6,991 | -42.0% |
| Profit (loss) for the period | 9904 | €39,421 | €20,843 | -€18,578 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,421 | €20,843 | -€18,578 | -47.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.