BRAZE: 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.
BRAZE
Largest movements
- Receivables within one year +€45,502
up €45,502 (+261.5%), from €17,400 to €62,902
of which Other amounts receivable: +€25,822
- Financial fixed assets +€6,150
up €6,150 (+25.0%), from €24,600 to €30,750
- Cash -€5,681
down €5,681 (-37.0%), from €15,334 to €9,653
mainly Receivables within one year (-€45,502) and Contributions, distributions and other (-€29,000)
- Receivables after one year +€5,326
new in 2025: €5,326
- Other debts +€59,732
up €59,732 (+192.6%), from €31,012 to €90,745
- Profit (loss) carried forward -€16,609
down €16,609 (-95.2%), from €17,449 to €840
- Tax, wage and social debts +€10,742
up €10,742 (+2009.0%), from €535 to €11,277
of which Taxes: +€9,077
- Trade debts -€2,777
down €2,777 (-89.9%), from €3,087 to €310
- Gross operating margin +€14,651
up €14,651 (+1223.6%), from €1,197 to €15,848
- Taxes +€3,302
up €3,302 (+1308.7%), from €252 to €3,554
- Financial income +€588
new in 2025: €588
- Other operating charges +€171
up €171 (+200.9%), from €85 to €256
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 | €58,083 | €109,172 | +€51,089 | +88.0% |
| Fixed assets | 21/28 | €25,349 | €31,291 | +€5,941 | +23.4% |
| Tangible fixed assets | 22/27 | €749 | €541 | -€209 | -27.8% |
| Furniture and vehicles | 24 | €749 | €541 | -€209 | -27.8% |
| Financial fixed assets | 28 | €24,600 | €30,750 | +€6,150 | +25.0% |
| Current assets | 29/58 | €32,734 | €77,881 | +€45,147 | +137.9% |
| Amounts receivable after more than one year | 29 | - | €5,326 | +€5,326 | |
| Other amounts receivable | 291 | - | €5,326 | +€5,326 | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €17,400 | €62,902 | +€45,502 | +261.5% |
| Trade receivables | 40 | €2,000 | €21,680 | +€19,680 | +984.0% |
| Other amounts receivable | 41 | €15,400 | €41,222 | +€25,822 | +167.7% |
| Cash at bank and in hand | 54/58 | €15,334 | €9,653 | -€5,681 | -37.0% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €58,083 | €109,172 | +€51,089 | +88.0% |
| Equity | 10/15 | €23,449 | €6,840 | -€16,609 | -70.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,449 | €840 | -€16,609 | -95.2% |
| Amounts payable | 17/49 | €34,634 | €102,332 | +€67,698 | +195.5% |
| Amounts payable within one year | 42/48 | €34,634 | €102,332 | +€67,698 | +195.5% |
| Trade debts | 44 | €3,087 | €310 | -€2,777 | -89.9% |
| Suppliers | 440/4 | €3,087 | €310 | -€2,777 | -89.9% |
| Taxes, remuneration and social security | 45 | €535 | €11,277 | +€10,742 | +2009.0% |
| Taxes | 450/3 | €535 | €9,611 | +€9,077 | +1697.5% |
| Remuneration and social security | 454/9 | - | €1,666 | +€1,666 | |
| Other amounts payable | 47/48 | €31,012 | €90,745 | +€59,732 | +192.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209 | €209 | = | 0.0% |
| Other operating charges | 640/8 | €85 | €256 | +€171 | +200.9% |
| Gross operating margin | 9900 | €1,197 | €15,848 | +€14,651 | +1223.6% |
| Operating profit (loss) | 9901 | €904 | €15,384 | +€14,480 | +1602.3% |
| Financial income | 75/76B | - | €588 | +€588 | |
| Recurring financial income | 75 | - | €588 | +€588 | |
| Financial charges | 65/66B | - | €26 | +€26 | |
| Recurring financial charges | 65 | - | €26 | +€26 | |
| Profit (loss) for the period before taxes | 9903 | €904 | €15,945 | +€15,041 | +1664.4% |
| Income taxes | 67/77 | €252 | €3,554 | +€3,302 | +1308.7% |
| Profit (loss) for the period | 9904 | €651 | €12,391 | +€11,739 | +1802.2% |
| Profit (loss) for the period to be appropriated | 9905 | €651 | €12,391 | +€11,739 | +1802.2% |
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 3 October 2026 via checked.be.