THE BRAFFS INC: what changed
THE BRAFFS INC
Largest movements
- Cash +€10,548
up €10,548 (+192%), from €5,508 to €16,057
mainly Net result for the year (+€27,137) and Receivables within one year (+€7,457)
- Receivables within one year -€7,457
down €7,457 (-53.5%), from €13,945 to €6,488
of which Trade receivables: -€9,484
- Tangible fixed assets -€2,069
down €2,069 (-36.7%), from €5,630 to €3,561
- Intangible fixed assets -€1,855
down €1,855 (-11.3%), from €16,403 to €14,548
- Trade debts -€28,657
down €28,657 (-44.9%), from €63,812 to €35,155
- Profit (loss) carried forward +€27,137
up €27,137, from -€20,773 to €6,364
- Tax, wage and social debts +€797
up €797 (+19.3%), from €4,120 to €4,917
of which Taxes: +€793
- Gross operating margin +€53,256
up €53,256, from -€16,913 to €36,342
- Taxes +€1,030
up €1,030 (+153%), from €675 to €1,704
- Financial income -€990
no longer reported in 2024 (was €990)
- Depreciation -€411
down €411 (-9.5%), from €4,335 to €3,924
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,970 | €51,937 | -€1,034 | -2.0% |
| Fixed assets | 21/28 | €22,033 | €18,109 | -€3,924 | -17.8% |
| Intangible fixed assets | 21 | €16,403 | €14,548 | -€1,855 | -11.3% |
| Tangible fixed assets | 22/27 | €5,630 | €3,561 | -€2,069 | -36.7% |
| Furniture and vehicles | 24 | €5,630 | €3,561 | -€2,069 | -36.7% |
| Current assets | 29/58 | €30,937 | €33,828 | +€2,890 | +9.3% |
| Stocks and contracts in progress | 3 | €9,000 | €9,000 | = | 0.0% |
| Stocks | 30/36 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,945 | €6,488 | -€7,457 | -53.5% |
| Trade receivables | 40 | €12,457 | €2,973 | -€9,484 | -76.1% |
| Other amounts receivable | 41 | €1,488 | €3,515 | +€2,027 | +136% |
| Cash at bank and in hand | 54/58 | €5,508 | €16,057 | +€10,548 | +192% |
| Deferred charges and accrued income | 490/1 | €2,484 | €2,283 | -€201 | -8.1% |
| Total equity and liabilities | 10/49 | €52,970 | €51,937 | -€1,034 | -2.0% |
| Equity | 10/15 | -€15,273 | €11,864 | +€27,137 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,773 | €6,364 | +€27,137 | |
| Amounts payable | 17/49 | €68,243 | €40,072 | -€28,171 | -41.3% |
| Amounts payable within one year | 42/48 | €68,243 | €40,072 | -€28,171 | -41.3% |
| Trade debts | 44 | €63,812 | €35,155 | -€28,657 | -44.9% |
| Suppliers | 440/4 | €63,812 | €35,155 | -€28,657 | -44.9% |
| Taxes, remuneration and social security | 45 | €4,120 | €4,917 | +€797 | +19.3% |
| Taxes | 450/3 | €4,120 | €4,913 | +€793 | +19.2% |
| Remuneration and social security | 454/9 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | €311 | - | -€311 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,335 | €3,924 | -€411 | -9.5% |
| Other operating charges | 640/8 | €563 | €404 | -€159 | -28.3% |
| Gross operating margin | 9900 | -€16,913 | €36,342 | +€53,256 | |
| Operating profit (loss) | 9901 | -€21,811 | €32,015 | +€53,826 | |
| Financial income | 75/76B | €990 | - | -€990 | |
| Recurring financial income | 75 | €990 | - | -€990 | |
| Financial charges | 65/66B | €3,408 | €3,173 | -€235 | -6.9% |
| Recurring financial charges | 65 | €3,408 | €3,173 | -€235 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,229 | €28,842 | +€53,071 | |
| Income taxes | 67/77 | €675 | €1,704 | +€1,030 | +153% |
| Profit (loss) for the period | 9904 | -€24,904 | €27,137 | +€52,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,904 | €27,137 | +€52,041 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.