Brownie: 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.
Brownie
Largest movements
- Receivables within one year +€17,135
up €17,135 (+263.4%), from €6,504 to €23,639
of which Trade receivables: +€16,317
- Cash -€16,774
down €16,774 (-89.7%), from €18,710 to €1,936
mainly Receivables within one year (-€17,135) and Debts after one year (-€11,343)
- Current investments +€8,705
up €8,705 (+37.7%), from €23,100 to €31,805
- Tangible fixed assets -€4,275
down €4,275 (-2.5%), from €168,571 to €164,296
of which Land and buildings: -€7,732
- Deferred charges and accrued income -€2,611
down €2,611 (-91.2%), from €2,864 to €253
- Reserves +€29,736
up €29,736 (+393.4%), from €7,558 to €37,295
- Debts after one year -€11,343
down €11,343 (-7.8%), from €145,188 to €133,845
- Other debts -€6,686
down €6,686 (-62.6%), from €10,686 to €4,000
- Trade debts -€4,161
down €4,161 (-15.2%), from €27,287 to €23,126
- Tax, wage and social debts -€3,882
down €3,882 (-41.5%), from €9,350 to €5,468
of which Taxes: -€3,882
- Gross operating margin +€35,326
up €35,326 (+119.9%), from €29,462 to €64,788
- Taxes +€8,887
up €8,887 (+181.5%), from €4,896 to €13,783
- Financial charges -€1,796
down €1,796 (-20.2%), from €8,899 to €7,102
- Other operating charges -€703
down €703 (-20.9%), from €3,359 to €2,656
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 | €220,848 | €223,028 | +€2,180 | +1.0% |
| Fixed assets | 21/28 | €169,671 | €165,396 | -€4,275 | -2.5% |
| Tangible fixed assets | 22/27 | €168,571 | €164,296 | -€4,275 | -2.5% |
| Land and buildings | 22 | €168,571 | €160,839 | -€7,732 | -4.6% |
| Furniture and vehicles | 24 | - | €3,457 | +€3,457 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €51,177 | €57,633 | +€6,455 | +12.6% |
| Amounts receivable within one year | 40/41 | €6,504 | €23,639 | +€17,135 | +263.4% |
| Trade receivables | 40 | - | €16,317 | +€16,317 | |
| Other amounts receivable | 41 | €6,504 | €7,322 | +€818 | +12.6% |
| Current investments | 50/53 | €23,100 | €31,805 | +€8,705 | +37.7% |
| Cash at bank and in hand | 54/58 | €18,710 | €1,936 | -€16,774 | -89.7% |
| Deferred charges and accrued income | 490/1 | €2,864 | €253 | -€2,611 | -91.2% |
| Total equity and liabilities | 10/49 | €220,848 | €223,028 | +€2,180 | +1.0% |
| Equity | 10/15 | €13,758 | €43,495 | +€29,736 | +216.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,558 | €37,295 | +€29,736 | +393.4% |
| Distributable reserves | 133 | €7,558 | €37,295 | +€29,736 | +393.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €207,090 | €179,534 | -€27,556 | -13.3% |
| Amounts payable after more than one year | 17 | €145,188 | €133,845 | -€11,343 | -7.8% |
| Financial debts | 170/4 | €145,188 | €133,845 | -€11,343 | -7.8% |
| Amounts payable within one year | 42/48 | €61,902 | €45,689 | -€16,213 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €12,035 | €12,278 | +€243 | +2.0% |
| Financial debts | 43 | €2,543 | €817 | -€1,726 | -67.9% |
| Credit institutions | 430/8 | €2,543 | €817 | -€1,726 | -67.9% |
| Trade debts | 44 | €27,287 | €23,126 | -€4,161 | -15.2% |
| Suppliers | 440/4 | €27,287 | €23,126 | -€4,161 | -15.2% |
| Taxes, remuneration and social security | 45 | €9,350 | €5,468 | -€3,882 | -41.5% |
| Taxes | 450/3 | €6,600 | €2,718 | -€3,882 | -58.8% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €10,686 | €4,000 | -€6,686 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,732 | €8,095 | +€364 | +4.7% |
| Other operating charges | 640/8 | €3,359 | €2,656 | -€703 | -20.9% |
| Gross operating margin | 9900 | €29,462 | €64,788 | +€35,326 | +119.9% |
| Operating profit (loss) | 9901 | €18,371 | €54,036 | +€35,665 | +194.1% |
| Financial income | 75/76B | €447 | €585 | +€138 | +30.8% |
| Recurring financial income | 75 | €447 | €585 | +€138 | +30.8% |
| Financial charges | 65/66B | €8,899 | €7,102 | -€1,796 | -20.2% |
| Recurring financial charges | 65 | €8,899 | €7,102 | -€1,796 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €9,920 | €47,519 | +€37,599 | +379.0% |
| Income taxes | 67/77 | €4,896 | €13,783 | +€8,887 | +181.5% |
| Profit (loss) for the period | 9904 | €5,025 | €33,736 | +€28,712 | +571.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,025 | €33,736 | +€28,712 | +571.4% |
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 11 October 2026 via checked.be.