CENTRE ÉQUESTRE DE BRAIVES: what changed
CENTRE ÉQUESTRE DE BRAIVES
Largest movements
- Tangible fixed assets -€1,876
down €1,876 (-47.9%), from €3,915 to €2,039
- Receivables within one year +€1,067
up €1,067 (+311%), from €343 to €1,410
of which Trade receivables: +€1,110
- Stocks and contracts +€220
up €220 (+1.9%), from €11,640 to €11,860
- Trade debts -€2,541
down €2,541 (-42.1%), from €6,036 to €3,495
- Profit (loss) carried forward +€1,361
up €1,361 (+5.0%), from -€27,445 to -€26,084
- Tax, wage and social debts +€349
up €349 (+19.3%), from €1,811 to €2,160
- Gross operating margin +€2,774
up €2,774 (+59.9%), from €4,631 to €7,405
- Other operating charges +€2,000
up €2,000 (+98.6%), from €2,029 to €4,029
- Financial income -€1,006
down €1,006 (-43.8%), from €2,295 to €1,289
- Staff costs +€279
up €279 (+31.4%), from €888 to €1,167
- Financial charges -€259
down €259 (-49.8%), from €520 to €261
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,769 | €19,988 | -€781 | -3.8% |
| Fixed assets | 21/28 | €3,915 | €2,039 | -€1,876 | -47.9% |
| Tangible fixed assets | 22/27 | €3,915 | €2,039 | -€1,876 | -47.9% |
| Plant, machinery and equipment | 23 | €3,915 | €2,039 | -€1,876 | -47.9% |
| Current assets | 29/58 | €16,854 | €17,949 | +€1,095 | +6.5% |
| Stocks and contracts in progress | 3 | €11,640 | €11,860 | +€220 | +1.9% |
| Stocks | 30/36 | €11,640 | €11,860 | +€220 | +1.9% |
| Amounts receivable within one year | 40/41 | €343 | €1,410 | +€1,067 | +311% |
| Trade receivables | 40 | €300 | €1,410 | +€1,110 | +370% |
| Other amounts receivable | 41 | €43 | - | -€43 | |
| Cash at bank and in hand | 54/58 | €3,783 | €3,592 | -€191 | -5.0% |
| Deferred charges and accrued income | 490/1 | €1,088 | €1,087 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €20,769 | €19,988 | -€781 | -3.8% |
| Equity | 10/15 | -€6,994 | -€5,633 | +€1,361 | +19.5% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,445 | -€26,084 | +€1,361 | +5.0% |
| Amounts payable | 17/49 | €27,763 | €25,621 | -€2,142 | -7.7% |
| Amounts payable within one year | 42/48 | €27,763 | €25,621 | -€2,142 | -7.7% |
| Trade debts | 44 | €6,036 | €3,495 | -€2,541 | -42.1% |
| Suppliers | 440/4 | €6,036 | €3,495 | -€2,541 | -42.1% |
| Taxes, remuneration and social security | 45 | €1,811 | €2,160 | +€349 | +19.3% |
| Taxes | 450/3 | €1,811 | €2,160 | +€349 | +19.3% |
| Other amounts payable | 47/48 | €19,916 | €19,966 | +€50 | +0.3% |
| Remuneration, social security and pensions | 62 | €888 | €1,167 | +€279 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,876 | €1,876 | = | 0.0% |
| Other operating charges | 640/8 | €2,029 | €4,029 | +€2,000 | +98.6% |
| Gross operating margin | 9900 | €4,631 | €7,405 | +€2,774 | +59.9% |
| Operating profit (loss) | 9901 | -€162 | €333 | +€495 | |
| Financial income | 75/76B | €2,295 | €1,289 | -€1,006 | -43.8% |
| Recurring financial income | 75 | €2,295 | €1,289 | -€1,006 | -43.8% |
| Financial charges | 65/66B | €520 | €261 | -€259 | -49.8% |
| Recurring financial charges | 65 | €520 | €261 | -€259 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €1,613 | €1,361 | -€252 | -15.6% |
| Profit (loss) for the period | 9904 | €1,613 | €1,361 | -€252 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,613 | €1,361 | -€252 | -15.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.