De Braaipan: 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.
De Braaipan
Largest movements
- Tangible fixed assets -€26,408
down €26,408 (-13.1%), from €202,353 to €175,945
of which Land and buildings: -€26,193
- Profit (loss) carried forward -€21,306
down €21,306 (-18.2%), from -€116,958 to -€138,264
- Debts after one year -€20,850
down €20,850 (-10.7%), from €195,526 to €174,676
- Other debts +€20,400
up €20,400 (+27.9%), from €73,063 to €93,463
- Tax, wage and social debts -€4,624
down €4,624 (-100%), from €4,624 to €0
of which Remuneration and social security: -€4,624
- Staff costs -€13,003
down €13,003 (-100%), from €13,003 to €0
- Gross operating margin +€4,920
up €4,920 (+90.7%), from €5,424 to €10,344
- Financial charges -€703
down €703 (-14.4%), from €4,897 to €4,194
- Other operating charges -€144
down €144 (-13.5%), from €1,068 to €924
- Write-downs +€126
new in 2025: €126
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 | €204,744 | €178,292 | -€26,452 | -12.9% |
| Fixed assets | 21/28 | €202,353 | €175,945 | -€26,408 | -13.1% |
| Tangible fixed assets | 22/27 | €202,353 | €175,945 | -€26,408 | -13.1% |
| Land and buildings | 22 | €202,120 | €175,927 | -€26,193 | -13.0% |
| Furniture and vehicles | 24 | €233 | €18 | -€215 | -92.3% |
| Current assets | 29/58 | €2,392 | €2,347 | -€44 | -1.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €946 | €605 | -€341 | -36.0% |
| Trade receivables | 40 | - | €89 | +€89 | |
| Other amounts receivable | 41 | €946 | €517 | -€429 | -45.4% |
| Cash at bank and in hand | 54/58 | €1,445 | €1,742 | +€296 | +20.5% |
| Total equity and liabilities | 10/49 | €204,744 | €178,292 | -€26,452 | -12.9% |
| Equity | 10/15 | -€98,958 | -€120,264 | -€21,306 | -21.5% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,958 | -€138,264 | -€21,306 | -18.2% |
| Amounts payable | 17/49 | €303,702 | €298,556 | -€5,146 | -1.7% |
| Amounts payable after more than one year | 17 | €195,526 | €174,676 | -€20,850 | -10.7% |
| Financial debts | 170/4 | €195,526 | €174,676 | -€20,850 | -10.7% |
| Amounts payable within one year | 42/48 | €108,176 | €123,880 | +€15,704 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €20,539 | €20,850 | +€311 | +1.5% |
| Trade debts | 44 | €9,951 | €9,567 | -€383 | -3.8% |
| Suppliers | 440/4 | €9,951 | €9,567 | -€383 | -3.8% |
| Taxes, remuneration and social security | 45 | €4,624 | €0 | -€4,624 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,624 | €0 | -€4,624 | -100% |
| Other amounts payable | 47/48 | €73,063 | €93,463 | +€20,400 | +27.9% |
| Remuneration, social security and pensions | 62 | €13,003 | €0 | -€13,003 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,408 | €26,408 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €126 | +€126 | |
| Other operating charges | 640/8 | €1,068 | €924 | -€144 | -13.5% |
| Gross operating margin | 9900 | €5,424 | €10,344 | +€4,920 | +90.7% |
| Operating profit (loss) | 9901 | -€35,055 | -€17,114 | +€17,941 | +51.2% |
| Financial income | 75/76B | €10 | €1 | -€8 | -87.8% |
| Recurring financial income | 75 | €10 | €1 | -€8 | -87.8% |
| Financial charges | 65/66B | €4,897 | €4,194 | -€703 | -14.4% |
| Recurring financial charges | 65 | €4,897 | €4,194 | -€703 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€39,942 | -€21,306 | +€18,636 | +46.7% |
| Profit (loss) for the period | 9904 | -€39,942 | -€21,306 | +€18,636 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,942 | -€21,306 | +€18,636 | +46.7% |
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 18 October 2026 via checked.be.