BUTCHER BRAIN: 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.
BUTCHER BRAIN
Largest movements
- Receivables within one year -€5,007
down €5,007 (-1.9%), from €268,482 to €263,474
- Cash +€4,074
up €4,074 (+2,663%), from €153 to €4,227
mainly Net result for the year (+€79,733) and Receivables within one year (+€5,007)
- Profit (loss) carried forward +€79,733
up €79,733, from €0 to €79,733
- Other debts -€39,811
down €39,811 (-41.2%), from €96,646 to €56,835
- Trade debts -€23,978
down €23,978 (-80.2%), from €29,913 to €5,934
- Tax, wage and social debts -€16,821
down €16,821 (-19.9%), from €84,725 to €67,905
of which Taxes: -€8,777
- Gross operating margin -€10,245
down €10,245 (-7.7%), from €132,741 to €122,496
- Taxes +€3,292
up €3,292 (+12.0%), from €27,519 to €30,811
- Depreciation -€2,273
down €2,273 (-50.8%), from €4,479 to €2,206
- Financial charges +€1,505
up €1,505 (+29.1%), from €5,171 to €6,675
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.
Derived cash bridge
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 | €275,284 | €274,407 | -€877 | -0.3% |
| Fixed assets | 21/28 | €2,206 | €0 | -€2,206 | -100% |
| Tangible fixed assets | 22/27 | €2,206 | €0 | -€2,206 | -100% |
| Furniture and vehicles | 24 | €2,206 | €0 | -€2,206 | -100% |
| Current assets | 29/58 | €273,079 | €274,407 | +€1,328 | +0.5% |
| Amounts receivable within one year | 40/41 | €268,482 | €263,474 | -€5,007 | -1.9% |
| Other amounts receivable | 41 | €268,482 | €263,474 | -€5,007 | -1.9% |
| Cash at bank and in hand | 54/58 | €153 | €4,227 | +€4,074 | +2,663% |
| Deferred charges and accrued income | 490/1 | €4,444 | €6,705 | +€2,261 | +50.9% |
| Total equity and liabilities | 10/49 | €275,284 | €274,407 | -€877 | -0.3% |
| Equity | 10/15 | €64,000 | €143,733 | +€79,733 | +125% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €79,733 | +€79,733 | |
| Amounts payable | 17/49 | €211,284 | €130,674 | -€80,610 | -38.2% |
| Amounts payable within one year | 42/48 | €211,284 | €130,674 | -€80,610 | -38.2% |
| Trade debts | 44 | €29,913 | €5,934 | -€23,978 | -80.2% |
| Suppliers | 440/4 | €29,913 | €5,934 | -€23,978 | -80.2% |
| Taxes, remuneration and social security | 45 | €84,725 | €67,905 | -€16,821 | -19.9% |
| Taxes | 450/3 | €76,682 | €67,905 | -€8,777 | -11.4% |
| Remuneration and social security | 454/9 | €8,044 | €0 | -€8,044 | -100% |
| Other amounts payable | 47/48 | €96,646 | €56,835 | -€39,811 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,479 | €2,206 | -€2,273 | -50.8% |
| Other operating charges | 640/8 | €2,247 | €3,071 | +€824 | +36.7% |
| Gross operating margin | 9900 | €132,741 | €122,496 | -€10,245 | -7.7% |
| Operating profit (loss) | 9901 | €126,015 | €117,219 | -€8,796 | -7.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,171 | €6,675 | +€1,505 | +29.1% |
| Recurring financial charges | 65 | €5,171 | €6,675 | +€1,505 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €120,844 | €110,544 | -€10,300 | -8.5% |
| Income taxes | 67/77 | €27,519 | €30,811 | +€3,292 | +12.0% |
| Profit (loss) for the period | 9904 | €93,325 | €79,733 | -€13,593 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,325 | €79,733 | -€13,593 | -14.6% |
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 13 October 2026 via checked.be.