BRAZIVELT: 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.
BRAZIVELT
Largest movements
- Tangible fixed assets -€15,891
down €15,891 (-4.2%), from €378,994 to €363,103
of which Land and buildings: -€11,445
- Receivables within one year +€7,549
up €7,549 (+125%), from €6,023 to €13,572
- Profit (loss) carried forward -€16,240
down €16,240 (-7.1%), from -€228,413 to -€244,653
- Other debts +€7,994
up €7,994 (+1.5%), from €518,549 to €526,543
- Gross operating margin -€2,402
down €2,402 (-29.2%), from €8,235 to €5,833
- Other operating charges -€1,156
down €1,156 (-34.0%), from €3,405 to €2,249
- Financial charges -€223
down €223 (-5.4%), from €4,156 to €3,933
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €393,689 | €385,308 | -€8,381 | -2.1% |
| Fixed assets | 21/28 | €379,444 | €363,553 | -€15,891 | -4.2% |
| Tangible fixed assets | 22/27 | €378,994 | €363,103 | -€15,891 | -4.2% |
| Land and buildings | 22 | €344,664 | €333,219 | -€11,445 | -3.3% |
| Other tangible fixed assets | 26 | €34,330 | €29,884 | -€4,446 | -13.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €14,245 | €21,755 | +€7,510 | +52.7% |
| Amounts receivable within one year | 40/41 | €6,023 | €13,572 | +€7,549 | +125% |
| Trade receivables | 40 | €6,023 | €13,572 | +€7,549 | +125% |
| Cash at bank and in hand | 54/58 | €8,222 | €8,183 | -€39 | -0.5% |
| Total equity and liabilities | 10/49 | €393,689 | €385,308 | -€8,381 | -2.1% |
| Equity | 10/15 | -€128,413 | -€144,653 | -€16,240 | -12.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,413 | -€244,653 | -€16,240 | -7.1% |
| Amounts payable | 17/49 | €522,102 | €529,961 | +€7,859 | +1.5% |
| Amounts payable within one year | 42/48 | €521,151 | €529,010 | +€7,859 | +1.5% |
| Trade debts | 44 | €2,602 | €2,467 | -€135 | -5.2% |
| Suppliers | 440/4 | €2,602 | €2,467 | -€135 | -5.2% |
| Other amounts payable | 47/48 | €518,549 | €526,543 | +€7,994 | +1.5% |
| Accrued charges and deferred income | 492/3 | €951 | €951 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,891 | €15,891 | = | 0.0% |
| Other operating charges | 640/8 | €3,405 | €2,249 | -€1,156 | -34.0% |
| Gross operating margin | 9900 | €8,235 | €5,833 | -€2,402 | -29.2% |
| Operating profit (loss) | 9901 | -€11,061 | -€12,307 | -€1,246 | -11.3% |
| Financial charges | 65/66B | €4,156 | €3,933 | -€223 | -5.4% |
| Recurring financial charges | 65 | €4,156 | €3,933 | -€223 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,217 | -€16,240 | -€1,023 | -6.7% |
| Profit (loss) for the period | 9904 | -€15,217 | -€16,240 | -€1,023 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,217 | -€16,240 | -€1,023 | -6.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.