LE BRANDI: 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.
LE BRANDI
Largest movements
- Receivables within one year +€18,371
up €18,371 (+1,227%), from €1,497 to €19,868
of which Other amounts receivable: +€19,031
- Tangible fixed assets -€8,896
down €8,896 (-24.1%), from €36,871 to €27,975
of which Leasing and similar rights: -€8,434
- Stocks and contracts -€8,332
down €8,332 (-94.2%), from €8,845 to €512
- Cash -€8,215
down €8,215 (-43.5%), from €18,891 to €10,676
mainly Receivables within one year (-€18,371) and Other debts (-€15,021)
- Accrued charges and deferred income +€25,963
new in 2024: €25,963
- Other debts -€15,021
no longer reported in 2024 (was €15,021)
- Trade debts -€14,622
down €14,622 (-66.8%), from €21,888 to €7,266
- Profit (loss) carried forward +€6,035
up €6,035 (+39.4%), from -€15,307 to -€9,272
- Debts after one year -€5,223
down €5,223 (-26.2%), from €19,931 to €14,708
- Staff costs -€26,994
down €26,994 (-29.8%), from €90,587 to €63,594
- Gross operating margin -€15,423
down €15,423 (-15.4%), from €100,428 to €85,005
- Financial charges +€1,627
up €1,627 (+91.0%), from €1,788 to €3,415
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,169 | €59,097 | -€7,072 | -10.7% |
| Fixed assets | 21/28 | €36,871 | €27,975 | -€8,896 | -24.1% |
| Tangible fixed assets | 22/27 | €36,871 | €27,975 | -€8,896 | -24.1% |
| Plant, machinery and equipment | 23 | €1,623 | €1,266 | -€357 | -22.0% |
| Furniture and vehicles | 24 | €843 | €738 | -€105 | -12.5% |
| Leasing and similar rights | 25 | €33,736 | €25,302 | -€8,434 | -25.0% |
| Other tangible fixed assets | 26 | €669 | €669 | = | 0.0% |
| Current assets | 29/58 | €29,298 | €31,122 | +€1,824 | +6.2% |
| Stocks and contracts in progress | 3 | €8,845 | €512 | -€8,332 | -94.2% |
| Stocks | 30/36 | €8,845 | €512 | -€8,332 | -94.2% |
| Amounts receivable within one year | 40/41 | €1,497 | €19,868 | +€18,371 | +1,227% |
| Trade receivables | 40 | €1,497 | €836 | -€660 | -44.1% |
| Other amounts receivable | 41 | - | €19,031 | +€19,031 | |
| Cash at bank and in hand | 54/58 | €18,891 | €10,676 | -€8,215 | -43.5% |
| Deferred charges and accrued income | 490/1 | €66 | €66 | = | 0.0% |
| Total equity and liabilities | 10/49 | €66,169 | €59,097 | -€7,072 | -10.7% |
| Equity | 10/15 | €3,451 | €9,486 | +€6,035 | +175% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €166 | €166 | = | 0.0% |
| Non-distributable reserves | 130/1 | €166 | €166 | = | 0.0% |
| Reserves not available under the articles | 1311 | €166 | €166 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,307 | -€9,272 | +€6,035 | +39.4% |
| Amounts payable | 17/49 | €62,718 | €49,611 | -€13,107 | -20.9% |
| Amounts payable after more than one year | 17 | €19,931 | €14,708 | -€5,223 | -26.2% |
| Financial debts | 170/4 | €19,931 | €14,708 | -€5,223 | -26.2% |
| Amounts payable within one year | 42/48 | €42,787 | €8,940 | -€33,847 | -79.1% |
| Current portion of amounts payable after more than one year | 42 | €2,473 | €1,674 | -€799 | -32.3% |
| Trade debts | 44 | €21,888 | €7,266 | -€14,622 | -66.8% |
| Suppliers | 440/4 | €21,888 | €7,266 | -€14,622 | -66.8% |
| Taxes, remuneration and social security | 45 | €3,405 | - | -€3,405 | |
| Remuneration and social security | 454/9 | €3,405 | - | -€3,405 | |
| Other amounts payable | 47/48 | €15,021 | - | -€15,021 | |
| Accrued charges and deferred income | 492/3 | - | €25,963 | +€25,963 | |
| Remuneration, social security and pensions | 62 | €90,587 | €63,594 | -€26,994 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,693 | €9,994 | -€699 | -6.5% |
| Other operating charges | 640/8 | €1,808 | €1,130 | -€678 | -37.5% |
| Gross operating margin | 9900 | €100,428 | €85,005 | -€15,423 | -15.4% |
| Operating profit (loss) | 9901 | -€2,660 | €10,288 | +€12,948 | |
| Financial charges | 65/66B | €1,788 | €3,415 | +€1,627 | +91.0% |
| Recurring financial charges | 65 | €1,788 | €3,415 | +€1,627 | +91.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,448 | €6,873 | +€11,321 | |
| Income taxes | 67/77 | €502 | €838 | +€336 | +66.9% |
| Profit (loss) for the period | 9904 | -€4,951 | €6,035 | +€10,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,951 | €6,035 | +€10,986 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.