BRADOFI: what changed
What changed
BRADOFI
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€385
2022 · -€169-€216
Equity
€8,640
2022 · €9,025-€385
Cash
€935
2022 · €1,915-€980
Balance sheet total
€416,348
2022 · €391,514+€24,834
Largest movements
Assets
- Tangible fixed assets +€25,429
up €25,429 (+6.7%), from €381,784 to €407,213
of which Land and buildings: +€20,272
Equity and liabilities
- Other debts +€39,529
up €39,529 (+39.5%), from €100,049 to €139,578
- Debts after one year -€30,060
down €30,060 (-12.3%), from €245,268 to €215,208
- Trade debts +€7,947
up €7,947 (+72.1%), from €11,028 to €18,975
Income statement
- Other operating charges +€5,419
up €5,419 (+292%), from €1,856 to €7,274
- Financial charges -€4,280
down €4,280 (-27.1%), from €15,820 to €11,540
- Gross operating margin +€1,057
up €1,057 (+2.8%), from €37,842 to €38,898
- Depreciation +€625
up €625 (+3.2%), from €19,736 to €20,360
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2022
-€169
Gross operating margin
+€1,057
Depreciation
-€625
Other operating charges
-€5,419
Financial income
+€247
Financial charges
+€4,280
Taxes
+€244
Result 2023
-€385
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€71,147
Investment
-€45,789
Financing
-€26,338
Cash 2022
€1,915
From operations (derived)
+€71,147
Net result for the year
-€385
Depreciation
+€20,360
Receivables within one year
-€385
Trade debts
+€7,947
Tax, wage and social debts
+€3,080
Other debts
+€39,529
Accrued charges and deferred income
+€1,000
Investment (derived)
-€45,789
Investment in fixed assets (net)
-€45,789
Financing
-€26,338
Debts after one year
-€30,060
Current portion of long-term debt
+€3,722
Cash 2023
€935
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €391,514 | €416,348 | +€24,834 | +6.3% |
| Fixed assets | 21/28 | €383,784 | €409,213 | +€25,429 | +6.6% |
| Tangible fixed assets | 22/27 | €381,784 | €407,213 | +€25,429 | +6.7% |
| Land and buildings | 22 | €352,267 | €372,539 | +€20,272 | +5.8% |
| Plant, machinery and equipment | 23 | €19,644 | €22,728 | +€3,084 | +15.7% |
| Furniture and vehicles | 24 | €9,874 | €11,946 | +€2,072 | +21.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €7,730 | €7,135 | -€595 | -7.7% |
| Amounts receivable within one year | 40/41 | €5,815 | €6,200 | +€385 | +6.6% |
| Trade receivables | 40 | €5,815 | €6,200 | +€385 | +6.6% |
| Cash at bank and in hand | 54/58 | €1,915 | €935 | -€980 | -51.2% |
| Total equity and liabilities | 10/49 | €391,514 | €416,348 | +€24,834 | +6.3% |
| Equity | 10/15 | €9,025 | €8,640 | -€385 | -4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €965 | €580 | -€385 | -39.9% |
| Amounts payable | 17/49 | €382,489 | €407,708 | +€25,219 | +6.6% |
| Amounts payable after more than one year | 17 | €245,268 | €215,208 | -€30,060 | -12.3% |
| Financial debts | 170/4 | €245,268 | €215,208 | -€30,060 | -12.3% |
| Amounts payable within one year | 42/48 | €137,221 | €191,499 | +€54,278 | +39.6% |
| Current portion of amounts payable after more than one year | 42 | €25,057 | €28,779 | +€3,722 | +14.9% |
| Trade debts | 44 | €11,028 | €18,975 | +€7,947 | +72.1% |
| Suppliers | 440/4 | €11,028 | €18,975 | +€7,947 | +72.1% |
| Taxes, remuneration and social security | 45 | €1,086 | €4,167 | +€3,080 | +284% |
| Taxes | 450/3 | €1,086 | €4,167 | +€3,080 | +284% |
| Other amounts payable | 47/48 | €100,049 | €139,578 | +€39,529 | +39.5% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,736 | €20,360 | +€625 | +3.2% |
| Other operating charges | 640/8 | €1,856 | €7,274 | +€5,419 | +292% |
| Gross operating margin | 9900 | €37,842 | €38,898 | +€1,057 | +2.8% |
| Operating profit (loss) | 9901 | €16,250 | €11,264 | -€4,987 | -30.7% |
| Financial income | 75/76B | - | €247 | +€247 | |
| Recurring financial income | 75 | - | €247 | +€247 | |
| Financial charges | 65/66B | €15,820 | €11,540 | -€4,280 | -27.1% |
| Recurring financial charges | 65 | €15,820 | €11,540 | -€4,280 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €430 | -€30 | -€460 | |
| Income taxes | 67/77 | €599 | €355 | -€244 | -40.7% |
| Profit (loss) for the period | 9904 | -€169 | -€385 | -€216 | -128% |
| Profit (loss) for the period to be appropriated | 9905 | -€169 | -€385 | -€216 | -128% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.