BRAYAN CONSTRUCT: 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.
BRAYAN CONSTRUCT
Largest movements
- Tangible fixed assets -€6,904
down €6,904 (-35.0%), from €19,717 to €12,813
of which Furniture and vehicles: -€6,647
- Stocks and contracts +€2,972
new in 2025: €2,972
- Receivables within one year +€2,273
up €2,273 (+147.1%), from €1,545 to €3,818
of which Other amounts receivable: +€2,273
- Deferred charges and accrued income +€1,048
up €1,048 (+82.5%), from €1,271 to €2,319
- Debts after one year -€14,476
down €14,476 (-100.0%), from €14,476 to €0
of which Advances received on contracts in progress: -€14,476
- Trade debts +€7,587
up €7,587 (+221.1%), from €3,432 to €11,019
- Other debts +€4,981
up €4,981 (+4410.3%), from €113 to €5,094
- Current portion of long-term debt -€4,147
down €4,147 (-100.0%), from €4,147 to €0
- Reserves +€2,800
up €2,800 (+11.0%), from €25,415 to €28,215
- Turnover +€51,033
up €51,033 (+46.0%), from €110,901 to €161,934
- Purchases and services +€35,393
up €35,393 (+33.8%), from €104,813 to €140,206
- Gross operating margin -€13,892
down €13,892 (-39.0%), from €35,620 to €21,728
- Depreciation -€5,330
down €5,330 (-35.5%), from €15,000 to €9,671
- Taxes -€2,457
down €2,457 (-43.7%), from €5,623 to €3,166
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.
Cash bridge derived
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 | €63,500 | €62,347 | -€1,153 | -1.8% |
| Fixed assets | 21/28 | €19,717 | €12,813 | -€6,904 | -35.0% |
| Tangible fixed assets | 22/27 | €19,717 | €12,813 | -€6,904 | -35.0% |
| Plant, machinery and equipment | 23 | €1,003 | €747 | -€257 | -25.6% |
| Furniture and vehicles | 24 | €18,713 | €12,066 | -€6,647 | -35.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €43,783 | €49,534 | +€5,751 | +13.1% |
| Stocks and contracts in progress | 3 | - | €2,972 | +€2,972 | |
| Stocks | 30/36 | - | €2,972 | +€2,972 | |
| Amounts receivable within one year | 40/41 | €1,545 | €3,818 | +€2,273 | +147.1% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €1,545 | €3,818 | +€2,273 | +147.1% |
| Cash at bank and in hand | 54/58 | €40,966 | €40,424 | -€542 | -1.3% |
| Deferred charges and accrued income | 490/1 | €1,271 | €2,319 | +€1,048 | +82.5% |
| Total equity and liabilities | 10/49 | €63,500 | €62,347 | -€1,153 | -1.8% |
| Equity | 10/15 | €39,712 | €42,554 | +€2,842 | +7.2% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €0 | - | = | |
| Contributions outside capital | 11 | €4,800 | - | -€4,800 | |
| Other | 1109/19 | €4,800 | - | -€4,800 | |
| Reserves | 13 | €25,415 | €28,215 | +€2,800 | +11.0% |
| Distributable reserves | 133 | €25,415 | €28,215 | +€2,800 | +11.0% |
| Profit (loss) carried forward | 14 | €9,497 | €9,539 | +€42 | +0.4% |
| Amounts payable | 17/49 | €23,788 | €19,793 | -€3,995 | -16.8% |
| Amounts payable after more than one year | 17 | €14,476 | €0 | -€14,476 | -100.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €14,476 | €0 | -€14,476 | -100.0% |
| Amounts payable within one year | 42/48 | €9,312 | €19,793 | +€10,482 | +112.6% |
| Current portion of amounts payable after more than one year | 42 | €4,147 | €0 | -€4,147 | -100.0% |
| Trade debts | 44 | €3,432 | €11,019 | +€7,587 | +221.1% |
| Suppliers | 440/4 | €3,432 | €11,019 | +€7,587 | +221.1% |
| Taxes, remuneration and social security | 45 | €1,620 | €3,680 | +€2,060 | +127.2% |
| Taxes | 450/3 | €1,620 | €3,680 | +€2,060 | +127.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €113 | €5,094 | +€4,981 | +4410.3% |
| Turnover | 70 | €110,901 | €161,934 | +€51,033 | +46.0% |
| Non-recurring operating income | 76A | €28,000 | - | -€28,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €104,813 | €140,206 | +€35,393 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,000 | €9,671 | -€5,330 | -35.5% |
| Other operating charges | 640/8 | €839 | €682 | -€157 | -18.7% |
| Gross operating margin | 9900 | €35,620 | €21,728 | -€13,892 | -39.0% |
| Operating profit (loss) | 9901 | €19,780 | €11,376 | -€8,405 | -42.5% |
| Financial income | 75/76B | €7 | €0 | -€7 | -94.2% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -94.2% |
| Financial charges | 65/66B | €1,031 | €368 | -€663 | -64.3% |
| Recurring financial charges | 65 | €1,031 | €368 | -€663 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €18,756 | €11,008 | -€7,748 | -41.3% |
| Income taxes | 67/77 | €5,623 | €3,166 | -€2,457 | -43.7% |
| Profit (loss) for the period | 9904 | €13,134 | €7,842 | -€5,292 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,134 | €7,842 | -€5,292 | -40.3% |
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 10 October 2026 via checked.be.