BRABHOLD: 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.
What changed
BRABHOLD
NACE 66.199, Other activities auxiliary to financial services, excluding insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€13.2m
2024 · €13.8m-€585,679
Equity
€52.8m
2024 · €52.6m+€237,873
Cash
€207,277
2024 · €733,569-€526,292
Balance sheet total
€69.2m
2024 · €70.0m-€746,644
Largest movements
Assets
- Current investments -€10.1m
down €10.1m (-100%), from €10.1m to €0
- Receivables within one year +€9.5m
up €9.5m (+172%), from €5.5m to €15.1m
of which Other amounts receivable: +€5.3m
Equity and liabilities
- Trade debts -€1.3m
down €1.3m (-84.3%), from €1.6m to €245,661
- Other debts -€1.0m
down €1.0m (-7.1%), from €14.0m to €13.0m
Income statement
- Other operating income -€835,429
down €835,429 (-11.4%), from €7.3m to €6.5m
- Turnover -€219,426
down €219,426 (-3.2%), from €6.8m to €6.6m
- Taxes -€182,424
down €182,424 (-8.2%), from €2.2m to €2.0m
of which Taxes: -€182,492
- Staff costs -€92,802
down €92,802 (-2.7%), from €3.5m to €3.4m
- Services and other goods -€74,587
down €74,587 (-4.5%), from €1.7m to €1.6m
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
€13.8m
Turnover
-€219,426
Other operating income
-€835,429
Goods and materials
-€1,538
Services and other goods
+€74,587
Staff costs
+€92,802
Depreciation
+€15,275
Other operating charges
-€7,514
Other operating items
+€60,871
Financial income
+€61,392
Financial charges
-€9,609
Taxes
+€182,424
Deferred taxes and other
+€486
Result 2025
€13.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.4m
Investment
+€9.4m
Financing
-€12.3m
Cash 2024
€733,569
From operations (derived)
+€2.4m
Net result for the year
+€13.2m
Depreciation
+€415,133
Receivables within one year
-€9.5m
Smaller working-capital items
-€9,332
Trade debts
-€1.3m
Tax, wage and social debts
+€617,800
Other debts
-€1.0m
Accrued charges and deferred income
+€42,788
Investment (derived)
+€9.4m
Investment in fixed assets (net)
-€777,876
Current investments
+€10.1m
Financing
-€12.3m
Short-term financial debts
+€676,055
Contributions, distributions and other
-€13.0m
Cash 2025
€207,277
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,961,359 | €69,214,715 | -€746,644 | -1.1% |
| Fixed assets | 21/28 | €53,415,048 | €53,777,791 | +€362,743 | +0.7% |
| Tangible fixed assets | 22/27 | €1,406,165 | €1,252,843 | -€153,322 | -10.9% |
| Land and buildings | 22 | €809,165 | €746,072 | -€63,092 | -7.8% |
| Plant, machinery and equipment | 23 | €3,861 | €2,925 | -€936 | -24.2% |
| Furniture and vehicles | 24 | €593,139 | €503,845 | -€89,294 | -15.1% |
| Financial fixed assets | 28 | €52,008,883 | €52,524,948 | +€516,065 | +1.0% |
| Affiliated companies | 280/1 | €51,860,955 | €52,360,955 | +€500,000 | +1.0% |
| Participating interests | 280 | €51,860,955 | €52,360,955 | +€500,000 | +1.0% |
| Other financial fixed assets | 284/8 | €147,928 | €163,993 | +€16,065 | +10.9% |
| Amounts receivable and cash guarantees | 285/8 | €147,928 | €163,993 | +€16,065 | +10.9% |
| Current assets | 29/58 | €16,546,311 | €15,436,924 | -€1.1m | -6.7% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,545,106 | €15,084,136 | +€9.5m | +172% |
| Trade receivables | 40 | €3,037,081 | €7,298,801 | +€4.3m | +140% |
| Other amounts receivable | 41 | €2,508,025 | €7,785,335 | +€5.3m | +210% |
| Current investments | 50/53 | €10,130,000 | €0 | -€10.1m | -100% |
| Other investments | 51/53 | €10,130,000 | €0 | -€10.1m | -100% |
| Cash at bank and in hand | 54/58 | €733,569 | €207,277 | -€526,292 | -71.7% |
| Deferred charges and accrued income | 490/1 | €137,637 | €145,511 | +€7,875 | +5.7% |
| Total equity and liabilities | 10/49 | €69,961,359 | €69,214,715 | -€746,644 | -1.1% |
| Equity | 10/15 | €52,597,453 | €52,835,325 | +€237,873 | +0.5% |
| Contributions | 10/11 | €19,100,000 | €19,100,000 | = | 0.0% |
| Capital | 10 | €19,100,000 | €19,100,000 | = | 0.0% |
| Issued capital | 100 | €19,100,000 | €19,100,000 | = | 0.0% |
| Reserves | 13 | €24,523,061 | €24,518,688 | -€4,373 | 0.0% |
| Non-distributable reserves | 130/1 | €1,910,000 | €1,910,000 | = | 0.0% |
| Legal reserve | 130 | €1,910,000 | €1,910,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,254 | €5,880 | -€4,373 | -42.7% |
| Distributable reserves | 133 | €22,602,807 | €22,602,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,974,392 | €9,216,638 | +€242,246 | +2.7% |
| Provisions and deferred taxes | 16 | €3,418 | €1,960 | -€1,458 | -42.7% |
| Deferred taxes | 168 | €3,418 | €1,960 | -€1,458 | -42.7% |
| Amounts payable | 17/49 | €17,360,489 | €16,377,430 | -€983,059 | -5.7% |
| Amounts payable within one year | 42/48 | €17,358,896 | €16,333,049 | -€1.0m | -5.9% |
| Financial debts | 43 | €613,056 | €1,289,111 | +€676,055 | +110% |
| Credit institutions | 430/8 | €613,056 | €1,289,111 | +€676,055 | +110% |
| Trade debts | 44 | €1,565,010 | €245,661 | -€1.3m | -84.3% |
| Suppliers | 440/4 | €1,565,010 | €245,661 | -€1.3m | -84.3% |
| Taxes, remuneration and social security | 45 | €1,180,378 | €1,798,178 | +€617,800 | +52.3% |
| Taxes | 450/3 | €454,278 | €948,544 | +€494,266 | +109% |
| Remuneration and social security | 454/9 | €726,100 | €849,634 | +€123,534 | +17.0% |
| Other amounts payable | 47/48 | €14,000,452 | €13,000,099 | -€1.0m | -7.1% |
| Accrued charges and deferred income | 492/3 | €1,593 | €44,381 | +€42,788 | +2,686% |
| Operating income | 70/76A | €14,148,120 | €13,121,522 | -€1.0m | -7.3% |
| Turnover | 70 | €6,784,400 | €6,564,974 | -€219,426 | -3.2% |
| Other operating income | 74 | €7,305,126 | €6,469,698 | -€835,429 | -11.4% |
| Non-recurring operating income | 76A | €58,595 | €86,850 | +€28,256 | +48.2% |
| Operating charges | 60/66A | €5,644,039 | €5,437,812 | -€206,227 | -3.7% |
| Goods for resale, raw materials and consumables | 60 | €30,366 | €31,904 | +€1,538 | +5.1% |
| Purchases | 600/8 | €30,366 | €31,904 | +€1,538 | +5.1% |
| Services and other goods | 61 | €1,669,942 | €1,595,355 | -€74,587 | -4.5% |
| Remuneration, social security and pensions | 62 | €3,452,079 | €3,359,277 | -€92,802 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430,408 | €415,133 | -€15,275 | -3.5% |
| Other operating charges | 640/8 | €19,971 | €27,485 | +€7,514 | +37.6% |
| Non-recurring operating charges | 66A | €41,273 | €8,658 | -€32,615 | -79.0% |
| Operating profit (loss) | 9901 | €8,504,082 | €7,683,710 | -€820,372 | -9.6% |
| Financial income | 75/76B | €7,562,995 | €7,624,387 | +€61,392 | +0.8% |
| Recurring financial income | 75 | €7,562,995 | €7,624,387 | +€61,392 | +0.8% |
| Income from financial fixed assets | 750 | €7,406,129 | €7,403,579 | -€2,550 | 0.0% |
| Income from current assets | 751 | €156,865 | €220,807 | +€63,942 | +40.8% |
| Financial charges | 65/66B | €32,933 | €42,543 | +€9,609 | +29.2% |
| Recurring financial charges | 65 | €32,933 | €42,543 | +€9,609 | +29.2% |
| Debt charges | 650 | €32,360 | €41,888 | +€9,528 | +29.4% |
| Other financial charges | 652/9 | €573 | €655 | +€82 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €16,034,143 | €15,265,554 | -€768,589 | -4.8% |
| Transfer from deferred taxes | 780 | €972 | €1,458 | +€486 | +50.0% |
| Income taxes | 67/77 | €2,211,563 | €2,029,139 | -€182,424 | -8.2% |
| Taxes | 670/3 | €2,211,632 | €2,029,139 | -€182,492 | -8.3% |
| Tax adjustments and reversals of tax provisions | 77 | €68 | €0 | -€68 | -100% |
| Profit (loss) for the period | 9904 | €13,823,552 | €13,237,873 | -€585,679 | -4.2% |
| Transfer from tax-exempt reserves | 789 | €2,916 | €4,373 | +€1,458 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,826,468 | €13,242,246 | -€584,222 | -4.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.