Brauer: what changed
Two fiscal 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.
What changed
Brauer
NACE 59.203, Motion picture, video and television programme production, sound recording and music publishing activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€239
2024 · €3,849-€3,610
Equity
€95,174
2024 · €94,935+€239
Cash
€2,309
2024 · €2,979-€671
Balance sheet total
€295,524
2024 · €253,192+€42,331
Largest movements
Assets
- Stocks and contracts +€43,239
up €43,239 (+18.0%), from €239,875 to €283,114
Equity and liabilities
- Other debts +€23,201
up €23,201 (+25.1%), from €92,576 to €115,776
- Trade debts +€14,825
up €14,825 (+67.6%), from €21,942 to €36,767
Income statement
- Staff costs +€8,949
up €8,949 (+26.0%), from €34,356 to €43,305
- Gross operating margin +€3,943
up €3,943 (+8.5%), from €46,422 to €50,365
- Other operating charges -€1,291
down €1,291 (-52.6%), from €2,453 to €1,161
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.
Result 2024
€3,849
Gross operating margin
+€3,943
Staff costs
-€8,949
Other operating charges
+€1,291
Financial charges
-€265
Taxes
+€369
Result 2025
€239
Cash bridge derived
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.
From operations
+€59
Investment
€0
Financing
-€730
Cash 2024
€2,979
From operations (derived)
+€59
Net result for the year
+€239
Depreciation
+€426
Stocks and contracts
-€43,239
Receivables within one year
+€66
Deferred charges and accrued income
-€255
Trade debts
+€14,825
Tax, wage and social debts
+€1,997
Other debts
+€23,201
Accrued charges and deferred income
+€2,800
Financing
-€730
Short-term financial debts
-€730
Cash 2025
€2,309
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,192 | €295,524 | +€42,331 | +16.7% |
| Fixed assets | 21/28 | €2,509 | €2,082 | -€426 | -17.0% |
| Intangible fixed assets | 21 | €1,239 | €1,239 | = | 0.0% |
| Tangible fixed assets | 22/27 | €816 | €390 | -€426 | -52.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €816 | €390 | -€426 | -52.2% |
| Financial fixed assets | 28 | €453 | €453 | = | 0.0% |
| Current assets | 29/58 | €250,684 | €293,442 | +€42,758 | +17.1% |
| Stocks and contracts in progress | 3 | €239,875 | €283,114 | +€43,239 | +18.0% |
| Stocks | 30/36 | €239,875 | €283,114 | +€43,239 | +18.0% |
| Amounts receivable within one year | 40/41 | €5,626 | €5,560 | -€66 | -1.2% |
| Trade receivables | 40 | €5,552 | €5,560 | +€8 | +0.2% |
| Other amounts receivable | 41 | €74 | €0 | -€74 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,979 | €2,309 | -€671 | -22.5% |
| Deferred charges and accrued income | 490/1 | €2,204 | €2,459 | +€255 | +11.6% |
| Total equity and liabilities | 10/49 | €253,192 | €295,524 | +€42,331 | +16.7% |
| Equity | 10/15 | €94,935 | €95,174 | +€239 | +0.3% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €9,238 | €9,238 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €5,520 | €5,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,513 | €48,752 | +€239 | +0.5% |
| Amounts payable | 17/49 | €158,257 | €200,350 | +€42,093 | +26.6% |
| Amounts payable within one year | 42/48 | €152,657 | €191,950 | +€39,293 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €28,776 | €28,047 | -€730 | -2.5% |
| Credit institutions | 430/8 | €28,776 | €28,047 | -€730 | -2.5% |
| Trade debts | 44 | €21,942 | €36,767 | +€14,825 | +67.6% |
| Suppliers | 440/4 | €21,942 | €36,767 | +€14,825 | +67.6% |
| Taxes, remuneration and social security | 45 | €9,364 | €11,361 | +€1,997 | +21.3% |
| Taxes | 450/3 | €471 | €241 | -€230 | -48.8% |
| Remuneration and social security | 454/9 | €8,893 | €11,120 | +€2,226 | +25.0% |
| Other amounts payable | 47/48 | €92,576 | €115,776 | +€23,201 | +25.1% |
| Accrued charges and deferred income | 492/3 | €5,600 | €8,400 | +€2,800 | +50.0% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €34,356 | €43,305 | +€8,949 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €426 | = | 0.0% |
| Other operating charges | 640/8 | €2,453 | €1,161 | -€1,291 | -52.6% |
| Gross operating margin | 9900 | €46,422 | €50,365 | +€3,943 | +8.5% |
| Operating profit (loss) | 9901 | €9,187 | €5,473 | -€3,715 | -40.4% |
| Financial charges | 65/66B | €4,828 | €5,093 | +€265 | +5.5% |
| Recurring financial charges | 65 | €4,828 | €5,093 | +€265 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €4,360 | €380 | -€3,979 | -91.3% |
| Income taxes | 67/77 | €511 | €141 | -€369 | -72.3% |
| Profit (loss) for the period | 9904 | €3,849 | €239 | -€3,610 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,849 | €239 | -€3,610 | -93.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.