De Brakelier: 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 Brakelier
Largest movements
- Current investments -€158,282
down €158,282 (-100%), from €158,282 to €0
- Deferred charges and accrued income +€49,703
up €49,703 (+48.4%), from €102,778 to €152,481
- Cash +€43,011
up €43,011 (+197%), from €21,851 to €64,862
mainly Current investments (+€158,282) and Depreciation (+€20,949)
- Receivables within one year +€31,412
up €31,412 (+677%), from €4,642 to €36,053
of which Trade receivables: +€35,045
- Tangible fixed assets -€20,949
down €20,949 (-19.2%), from €109,272 to €88,323
of which Furniture and vehicles: -€13,483
- Other debts -€47,955
down €47,955 (-79.5%), from €60,338 to €12,383
- Short-term financial debts -€12,500
down €12,500 (-100%), from €12,500 to €0
- Debts after one year -€12,107
down €12,107 (-40.0%), from €30,293 to €18,186
- Tax, wage and social debts +€10,555
up €10,555 (+12.2%), from €86,428 to €96,983
of which Remuneration and social security: +€10,918
- Reserves +€5,080
up €5,080 (+3.0%), from €170,823 to €175,904
- Staff costs +€68,411
up €68,411 (+18.5%), from €369,211 to €437,622
- Gross operating margin +€35,098
up €35,098 (+7.6%), from €462,479 to €497,577
- Depreciation +€7,557
up €7,557 (+56.4%), from €13,392 to €20,949
- Financial income -€5,492
down €5,492 (-84.9%), from €6,465 to €973
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 | €396,825 | €341,719 | -€55,106 | -13.9% |
| Fixed assets | 21/28 | €109,272 | €88,323 | -€20,949 | -19.2% |
| Tangible fixed assets | 22/27 | €109,272 | €88,323 | -€20,949 | -19.2% |
| Plant, machinery and equipment | 23 | €8,807 | €6,933 | -€1,874 | -21.3% |
| Furniture and vehicles | 24 | €56,537 | €43,054 | -€13,483 | -23.8% |
| Other tangible fixed assets | 26 | €43,927 | €38,336 | -€5,592 | -12.7% |
| Current assets | 29/58 | €287,553 | €253,396 | -€34,157 | -11.9% |
| Amounts receivable within one year | 40/41 | €4,642 | €36,053 | +€31,412 | +677% |
| Trade receivables | 40 | €955 | €36,000 | +€35,045 | +3,670% |
| Other amounts receivable | 41 | €3,687 | €53 | -€3,633 | -98.5% |
| Current investments | 50/53 | €158,282 | €0 | -€158,282 | -100% |
| Cash at bank and in hand | 54/58 | €21,851 | €64,862 | +€43,011 | +197% |
| Deferred charges and accrued income | 490/1 | €102,778 | €152,481 | +€49,703 | +48.4% |
| Total equity and liabilities | 10/49 | €396,825 | €341,719 | -€55,106 | -13.9% |
| Equity | 10/15 | €189,423 | €194,504 | +€5,080 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,823 | €175,904 | +€5,080 | +3.0% |
| Distributable reserves | 133 | €170,823 | €175,904 | +€5,080 | +3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €207,402 | €147,215 | -€60,187 | -29.0% |
| Amounts payable after more than one year | 17 | €30,293 | €18,186 | -€12,107 | -40.0% |
| Financial debts | 170/4 | €30,293 | €18,186 | -€12,107 | -40.0% |
| Amounts payable within one year | 42/48 | €177,108 | €129,029 | -€48,080 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €11,801 | €12,107 | +€307 | +2.6% |
| Financial debts | 43 | €12,500 | €0 | -€12,500 | -100% |
| Credit institutions | 430/8 | €12,500 | €0 | -€12,500 | -100% |
| Trade debts | 44 | €6,042 | €7,556 | +€1,514 | +25.1% |
| Suppliers | 440/4 | €6,042 | €7,556 | +€1,514 | +25.1% |
| Taxes, remuneration and social security | 45 | €86,428 | €96,983 | +€10,555 | +12.2% |
| Taxes | 450/3 | €13,250 | €12,886 | -€363 | -2.7% |
| Remuneration and social security | 454/9 | €73,178 | €84,096 | +€10,918 | +14.9% |
| Other amounts payable | 47/48 | €60,338 | €12,383 | -€47,955 | -79.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €369,211 | €437,622 | +€68,411 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,392 | €20,949 | +€7,557 | +56.4% |
| Other operating charges | 640/8 | €1,744 | €1,973 | +€229 | +13.1% |
| Gross operating margin | 9900 | €462,479 | €497,577 | +€35,098 | +7.6% |
| Operating profit (loss) | 9901 | €78,132 | €37,033 | -€41,099 | -52.6% |
| Financial income | 75/76B | €6,465 | €973 | -€5,492 | -84.9% |
| Recurring financial income | 75 | €6,465 | €973 | -€5,492 | -84.9% |
| Financial charges | 65/66B | €1,128 | €1,897 | +€769 | +68.2% |
| Recurring financial charges | 65 | €1,128 | €1,897 | +€769 | +68.2% |
| Profit (loss) for the period before taxes | 9903 | €83,470 | €36,110 | -€47,360 | -56.7% |
| Income taxes | 67/77 | €17,412 | €20,238 | +€2,826 | +16.2% |
| Profit (loss) for the period | 9904 | €66,058 | €15,872 | -€50,186 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,058 | €15,872 | -€50,186 | -76.0% |
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 21 October 2026 via checked.be.