De Branding: 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 Branding
Largest movements
- Current assets -€279,087
down €279,087 (-55.6%), from €502,177 to €223,090
- Tangible fixed assets -€162,745
down €162,745 (-5.8%), from €2.8m to €2.6m
- Equity -€225,230
down €225,230 (-13.5%), from €1.7m to €1.4m
- Debts -€210,334
down €210,334 (-14.0%), from €1.5m to €1.3m
of which Debts within one year: -€206,386
- Depreciation -€89,049
down €89,049 (-35.4%), from €251,794 to €162,745
From the 2014 result to the 2015 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,305,571 | €2,863,739 | -€441,832 | -13.4% |
| Fixed assets | 21/28 | €2,803,393 | €2,640,649 | -€162,745 | -5.8% |
| Tangible fixed assets | 22/27 | €2,803,269 | €2,640,525 | -€162,745 | -5.8% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €502,177 | €223,090 | -€279,087 | -55.6% |
| Amounts receivable within one year | 40/41 | €95,896 | €31,550 | -€64,346 | -67.1% |
| Current investments | 50/53 | €100,737 | - | -€100,737 | |
| Cash at bank and in hand | 54/58 | €305,202 | €191,251 | -€113,951 | -37.3% |
| Total equity and liabilities | 10/49 | €3,305,571 | €2,863,739 | -€441,832 | -13.4% |
| Equity | 10/15 | €1,671,171 | €1,445,940 | -€225,230 | -13.5% |
| Profit (loss) carried forward | 14 | €1,516,037 | €1,297,753 | -€218,284 | -14.4% |
| Provisions and deferred taxes | 16 | €136,893 | €130,626 | -€6,268 | -4.6% |
| Amounts payable | 17/49 | €1,497,507 | €1,287,173 | -€210,334 | -14.0% |
| Amounts payable after more than one year | 17 | €629,887 | €629,887 | = | 0.0% |
| Amounts payable within one year | 42/48 | €863,628 | €657,242 | -€206,386 | -23.9% |
| Trade debts | 44 | €632,689 | €28,514 | -€604,175 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,794 | €162,745 | -€89,049 | -35.4% |
| Operating profit (loss) | 9901 | -€320,707 | -€223,836 | +€96,870 | +30.2% |
| Recurring financial income | 75 | €31,467 | €7,436 | -€24,031 | -76.4% |
| Recurring financial charges | 65 | €647 | €1,884 | +€1,237 | +191% |
| Debt charges | 650 | €117 | - | -€117 | |
| Profit (loss) for the period before taxes | 9903 | -€289,886 | -€218,284 | +€71,602 | +24.7% |
| Profit (loss) for the period | 9904 | -€1,439,185 | -€218,284 | +€1.2m | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,439,185 | -€218,284 | +€1.2m | +84.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.