Dr Brackman Megän: 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.
Dr Brackman Megän
Largest movements
- Cash +€63,833
up €63,833 (+127%), from €50,325 to €114,158
mainly Net result for the year (+€78,158) and Tax, wage and social debts (+€20,861)
- Receivables within one year +€27,249
up €27,249 (+137%), from €19,907 to €47,156
- Reserves +€78,158
up €78,158 (+95.9%), from €81,479 to €159,637
- Tax, wage and social debts +€20,861
up €20,861 (+97.1%), from €21,484 to €42,345
- Debts after one year -€5,424
down €5,424 (-19.4%), from €27,887 to €22,463
- Trade debts -€3,397
no longer reported in 2025 (was €3,397)
- Depreciation +€4,807
up €4,807 (+516%), from €932 to €5,739
- Financial charges +€1,287
up €1,287 (+62.0%), from €2,078 to €3,365
- Financial income +€1,203
up €1,203 (+199%), from €603 to €1,806
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 | €141,202 | €231,569 | +€90,367 | +64.0% |
| Fixed assets | 21/28 | €50,503 | €49,131 | -€1,372 | -2.7% |
| Tangible fixed assets | 22/27 | €50,503 | €49,131 | -€1,372 | -2.7% |
| Furniture and vehicles | 24 | €1,885 | €1,505 | -€380 | -20.2% |
| Other tangible fixed assets | 26 | €48,618 | €47,626 | -€992 | -2.0% |
| Current assets | 29/58 | €90,699 | €182,438 | +€91,739 | +101% |
| Amounts receivable within one year | 40/41 | €19,907 | €47,156 | +€27,249 | +137% |
| Other amounts receivable | 41 | €19,907 | €47,156 | +€27,249 | +137% |
| Cash at bank and in hand | 54/58 | €50,325 | €114,158 | +€63,833 | +127% |
| Deferred charges and accrued income | 490/1 | €20,467 | €21,124 | +€657 | +3.2% |
| Total equity and liabilities | 10/49 | €141,202 | €231,569 | +€90,367 | +64.0% |
| Equity | 10/15 | €83,179 | €161,337 | +€78,158 | +94.0% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Reserves | 13 | €81,479 | €159,637 | +€78,158 | +95.9% |
| Distributable reserves | 133 | €81,479 | €159,637 | +€78,158 | +95.9% |
| Amounts payable | 17/49 | €58,023 | €70,232 | +€12,209 | +21.0% |
| Amounts payable after more than one year | 17 | €27,887 | €22,463 | -€5,424 | -19.4% |
| Financial debts | 170/4 | €27,887 | €22,463 | -€5,424 | -19.4% |
| Amounts payable within one year | 42/48 | €30,136 | €47,769 | +€17,633 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | €5,254 | €5,424 | +€170 | +3.2% |
| Trade debts | 44 | €3,397 | - | -€3,397 | |
| Suppliers | 440/4 | €3,397 | - | -€3,397 | |
| Taxes, remuneration and social security | 45 | €21,484 | €42,345 | +€20,861 | +97.1% |
| Taxes | 450/3 | €21,484 | €42,345 | +€20,861 | +97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €932 | €5,739 | +€4,807 | +516% |
| Other operating charges | 640/8 | €133 | €110 | -€23 | -17.3% |
| Gross operating margin | 9900 | €105,504 | €106,427 | +€923 | +0.9% |
| Operating profit (loss) | 9901 | €104,438 | €100,578 | -€3,861 | -3.7% |
| Financial income | 75/76B | €603 | €1,806 | +€1,203 | +199% |
| Recurring financial income | 75 | €603 | €1,806 | +€1,203 | +199% |
| Financial charges | 65/66B | €2,078 | €3,365 | +€1,287 | +62.0% |
| Recurring financial charges | 65 | €2,078 | €3,365 | +€1,287 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €102,964 | €99,019 | -€3,945 | -3.8% |
| Income taxes | 67/77 | €21,484 | €20,861 | -€624 | -2.9% |
| Profit (loss) for the period | 9904 | €81,479 | €78,158 | -€3,321 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €81,479 | €78,158 | -€3,321 | -4.1% |
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 27 October 2026 via checked.be.