Braxatorium Parcensis: 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.
Braxatorium Parcensis
Largest movements
- Receivables within one year -€41,242
down €41,242 (-85.7%), from €48,122 to €6,880
of which Trade receivables: -€45,114
- Tangible fixed assets -€30,564
down €30,564 (-11.5%), from €266,380 to €235,816
of which Plant, machinery and equipment: -€30,348
- Stocks and contracts -€19,029
down €19,029 (-26.8%), from €71,111 to €52,082
- Cash -€9,493
down €9,493 (-34.8%), from €27,251 to €17,759
mainly Net result for the year (-€64,024) and Trade debts (-€39,065)
- Profit (loss) carried forward -€64,024
down €64,024 (-24.8%), from -€258,530 to -€322,555
- Trade debts -€39,065
down €39,065 (-88.1%), from €44,351 to €5,286
- Debts after one year -€13,332
down €13,332 (-100%), from €13,332 to €0
- Current portion of long-term debt +€13,332
up €13,332 (+50.0%), from €26,664 to €39,996
- Write-downs +€10,135
new in 2025: €10,135
- Gross operating margin -€1,321
down €1,321 (-8.8%), from -€14,925 to -€16,246
- Other operating charges -€936
down €936 (-25.1%), from €3,725 to €2,790
- Financial charges +€495
up €495 (+35.9%), from €1,381 to €1,876
- Depreciation -€427
down €427 (-1.3%), from €33,441 to €33,014
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 | €428,459 | €325,488 | -€102,971 | -24.0% |
| Fixed assets | 21/28 | €280,063 | €247,049 | -€33,014 | -11.8% |
| Intangible fixed assets | 21 | €8,983 | €6,533 | -€2,450 | -27.3% |
| Tangible fixed assets | 22/27 | €266,380 | €235,816 | -€30,564 | -11.5% |
| Plant, machinery and equipment | 23 | €263,019 | €232,670 | -€30,348 | -11.5% |
| Other tangible fixed assets | 26 | €3,361 | €3,146 | -€216 | -6.4% |
| Financial fixed assets | 28 | €4,700 | €4,700 | = | 0.0% |
| Current assets | 29/58 | €148,396 | €78,439 | -€69,957 | -47.1% |
| Stocks and contracts in progress | 3 | €71,111 | €52,082 | -€19,029 | -26.8% |
| Stocks | 30/36 | €71,111 | €52,082 | -€19,029 | -26.8% |
| Amounts receivable within one year | 40/41 | €48,122 | €6,880 | -€41,242 | -85.7% |
| Trade receivables | 40 | €48,111 | €2,996 | -€45,114 | -93.8% |
| Other amounts receivable | 41 | €12 | €3,884 | +€3,872 | +32,595% |
| Cash at bank and in hand | 54/58 | €27,251 | €17,759 | -€9,493 | -34.8% |
| Deferred charges and accrued income | 490/1 | €1,911 | €1,718 | -€193 | -10.1% |
| Total equity and liabilities | 10/49 | €428,459 | €325,488 | -€102,971 | -24.0% |
| Equity | 10/15 | €341,470 | €277,445 | -€64,024 | -18.7% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,530 | -€322,555 | -€64,024 | -24.8% |
| Amounts payable | 17/49 | €86,989 | €48,043 | -€38,946 | -44.8% |
| Amounts payable after more than one year | 17 | €13,332 | €0 | -€13,332 | -100% |
| Financial debts | 170/4 | €13,332 | €0 | -€13,332 | -100% |
| Amounts payable within one year | 42/48 | €72,496 | €46,882 | -€25,614 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €26,664 | €39,996 | +€13,332 | +50.0% |
| Trade debts | 44 | €44,351 | €5,286 | -€39,065 | -88.1% |
| Suppliers | 440/4 | €44,351 | €5,286 | -€39,065 | -88.1% |
| Taxes, remuneration and social security | 45 | €1,481 | €0 | -€1,481 | -100% |
| Taxes | 450/3 | €1,481 | €0 | -€1,481 | -100% |
| Other amounts payable | 47/48 | - | €1,600 | +€1,600 | |
| Accrued charges and deferred income | 492/3 | €1,162 | €1,161 | -€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,441 | €33,014 | -€427 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,135 | +€10,135 | |
| Other operating charges | 640/8 | €3,725 | €2,790 | -€936 | -25.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€14,925 | -€16,246 | -€1,321 | -8.8% |
| Operating profit (loss) | 9901 | -€52,092 | -€62,184 | -€10,093 | -19.4% |
| Financial income | 75/76B | €10 | €36 | +€26 | +245% |
| Recurring financial income | 75 | €10 | €36 | +€26 | +245% |
| Financial charges | 65/66B | €1,381 | €1,876 | +€495 | +35.9% |
| Recurring financial charges | 65 | €1,381 | €1,876 | +€495 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | -€53,462 | -€64,024 | -€10,563 | -19.8% |
| Profit (loss) for the period | 9904 | -€53,462 | -€64,024 | -€10,563 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,462 | -€64,024 | -€10,563 | -19.8% |
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 29 October 2026 via checked.be.