BRAYTON PROJECTS: what changed
Two fiscal 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.
BRAYTON PROJECTS
Largest movements
- Tangible fixed assets -€15,611
down €15,611 (-8.4%), from €185,551 to €169,940
of which Land and buildings: -€8,767
- Receivables within one year +€9,204
up €9,204 (+116.6%), from €7,890 to €17,094
of which Other amounts receivable: +€7,323
- Cash -€3,071
down €3,071 (-10.0%), from €30,720 to €27,649
mainly Debts after one year (-€13,375) and Receivables within one year (-€9,204)
- Debts after one year -€13,375
down €13,375 (-10.3%), from €130,468 to €117,093
- Other debts -€7,681
down €7,681 (-18.8%), from €40,786 to €33,105
- Reserves +€7,031
up €7,031 (+30.4%), from €23,125 to €30,157
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Gross operating margin +€7,132
up €7,132 (+29.9%), from €23,839 to €30,971
- Taxes +€2,352
up €2,352 (+401.7%), from €585 to €2,937
- Depreciation -€667
down €667 (-4.1%), from €16,278 to €15,611
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 | €226,145 | €218,643 | -€7,503 | -3.3% |
| Fixed assets | 21/28 | €185,551 | €169,940 | -€15,611 | -8.4% |
| Tangible fixed assets | 22/27 | €185,551 | €169,940 | -€15,611 | -8.4% |
| Land and buildings | 22 | €162,722 | €153,955 | -€8,767 | -5.4% |
| Plant, machinery and equipment | 23 | €4,222 | €3,332 | -€889 | -21.1% |
| Furniture and vehicles | 24 | €18,607 | €12,653 | -€5,954 | -32.0% |
| Current assets | 29/58 | €40,595 | €48,702 | +€8,108 | +20.0% |
| Stocks and contracts in progress | 3 | €500 | €2,500 | +€2,000 | +400.0% |
| Stocks | 30/36 | €500 | €2,500 | +€2,000 | +400.0% |
| Amounts receivable within one year | 40/41 | €7,890 | €17,094 | +€9,204 | +116.6% |
| Trade receivables | 40 | €5,357 | €7,237 | +€1,880 | +35.1% |
| Other amounts receivable | 41 | €2,533 | €9,856 | +€7,323 | +289.1% |
| Cash at bank and in hand | 54/58 | €30,720 | €27,649 | -€3,071 | -10.0% |
| Deferred charges and accrued income | 490/1 | €1,485 | €1,460 | -€25 | -1.7% |
| Total equity and liabilities | 10/49 | €226,145 | €218,643 | -€7,503 | -3.3% |
| Equity | 10/15 | €35,525 | €48,757 | +€13,231 | +37.2% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €23,125 | €30,157 | +€7,031 | +30.4% |
| Distributable reserves | 133 | €23,125 | €30,157 | +€7,031 | +30.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €190,620 | €169,886 | -€20,734 | -10.9% |
| Amounts payable after more than one year | 17 | €130,468 | €117,093 | -€13,375 | -10.3% |
| Financial debts | 170/4 | €130,468 | €117,093 | -€13,375 | -10.3% |
| Amounts payable within one year | 42/48 | €59,370 | €52,037 | -€7,332 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €13,277 | €13,375 | +€97 | +0.7% |
| Trade debts | 44 | €4,431 | €3,801 | -€630 | -14.2% |
| Suppliers | 440/4 | €4,431 | €3,801 | -€630 | -14.2% |
| Taxes, remuneration and social security | 45 | €875 | €1,757 | +€882 | +100.8% |
| Taxes | 450/3 | €875 | €1,757 | +€882 | +100.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,786 | €33,105 | -€7,681 | -18.8% |
| Accrued charges and deferred income | 492/3 | €783 | €756 | -€27 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,278 | €15,611 | -€667 | -4.1% |
| Other operating charges | 640/8 | €2,018 | €1,754 | -€264 | -13.1% |
| Gross operating margin | 9900 | €23,839 | €30,971 | +€7,132 | +29.9% |
| Operating profit (loss) | 9901 | €5,543 | €13,606 | +€8,063 | +145.5% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €3,126 | €2,827 | -€299 | -9.6% |
| Recurring financial charges | 65 | €3,126 | €2,827 | -€299 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €2,417 | €10,801 | +€8,384 | +346.9% |
| Income taxes | 67/77 | €585 | €2,937 | +€2,352 | +401.7% |
| Profit (loss) for the period | 9904 | €1,831 | €7,864 | +€6,033 | +329.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,831 | €7,864 | +€6,033 | +329.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.