JORIS BRAMS: what changed
What changed
JORIS BRAMS
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
€133,318
2024 · €49,706+€83,612
Equity
€597,104
2024 · €1.1m-€474,643
Cash
€180,214
2024 · €70,959+€109,254
Balance sheet total
€1.4m
2024 · €1.3m+€113,065
Largest movements
Assets
- Cash +€109,254
up €109,254 (+154%), from €70,959 to €180,214
mainly Other debts (+€606,318) and Net result for the year (+€133,318)
- Receivables within one year +€60,691
up €60,691 (+30.6%), from €198,279 to €258,970
of which Other amounts receivable: +€44,518
- Tangible fixed assets -€55,950
down €55,950 (-6.4%), from €874,694 to €818,744
of which Land and buildings: -€52,065
Equity and liabilities
- Other debts +€606,318
up €606,318 (+17,113%), from €3,543 to €609,861
- Reserves -€490,425
down €490,425 (-69.3%), from €707,908 to €217,483
- Short-term financial debts +€55,143
up €55,143 (+753%), from €7,319 to €62,461
- Debts after one year -€54,829
down €54,829 (-44.3%), from €123,864 to €69,035
- Current portion of long-term debt -€41,788
down €41,788 (-43.3%), from €96,617 to €54,829
Income statement
- Gross operating margin +€141,375
up €141,375 (+101%), from €140,144 to €281,519
- Taxes +€43,674
up €43,674 (+252%), from €17,330 to €61,003
- Financial income -€10,654
down €10,654 (-52.1%), from €20,447 to €9,793
- Financial charges +€5,401
up €5,401 (+285%), from €1,898 to €7,298
of which Financial charges: +€5,401
Change in the result, 2024 to 2025
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 2024
€49,706
Gross operating margin
+€141,375
Depreciation
-€1,895
Other operating charges
+€637
Other operating items
+€3,224
Financial income
-€10,654
Financial charges
-€5,401
Taxes
-€43,674
Result 2025
€133,318
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€782,273
Investment
-€23,584
Financing
-€649,435
Cash 2024
€70,959
From operations (derived)
+€782,273
Net result for the year
+€133,318
Depreciation
+€78,910
Receivables within one year
-€60,691
Deferred charges and accrued income
+€1,555
Trade debts
+€4,157
Tax, wage and social debts
+€18,707
Other debts
+€606,318
Investment (derived)
-€23,584
Investment in fixed assets (net)
-€23,584
Financing
-€649,435
Debts after one year
-€54,829
Current portion of long-term debt
-€41,788
Short-term financial debts
+€55,143
Contributions, distributions and other
-€607,961
Cash 2025
€180,214
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,312,568 | €1,425,633 | +€113,065 | +8.6% |
| Fixed assets | 21/28 | €940,719 | €885,394 | -€55,325 | -5.9% |
| Tangible fixed assets | 22/27 | €874,694 | €818,744 | -€55,950 | -6.4% |
| Land and buildings | 22 | €800,523 | €748,458 | -€52,065 | -6.5% |
| Plant, machinery and equipment | 23 | €11,311 | €7,639 | -€3,672 | -32.5% |
| Furniture and vehicles | 24 | €24,199 | €29,535 | +€5,336 | +22.0% |
| Other tangible fixed assets | 26 | €38,661 | €33,112 | -€5,549 | -14.4% |
| Financial fixed assets | 28 | €66,026 | €66,650 | +€625 | +0.9% |
| Current assets | 29/58 | €371,848 | €540,238 | +€168,390 | +45.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €198,279 | €258,970 | +€60,691 | +30.6% |
| Trade receivables | 40 | €39,331 | €55,504 | +€16,173 | +41.1% |
| Other amounts receivable | 41 | €158,948 | €203,466 | +€44,518 | +28.0% |
| Current investments | 50/53 | €92,563 | €92,563 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,959 | €180,214 | +€109,254 | +154% |
| Deferred charges and accrued income | 490/1 | €10,046 | €8,492 | -€1,555 | -15.5% |
| Total equity and liabilities | 10/49 | €1,312,568 | €1,425,633 | +€113,065 | +8.6% |
| Equity | 10/15 | €1,071,747 | €597,104 | -€474,643 | -44.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €707,908 | €217,483 | -€490,425 | -69.3% |
| Distributable reserves | 133 | €707,908 | €217,483 | -€490,425 | -69.3% |
| Profit (loss) carried forward | 14 | €345,289 | €361,071 | +€15,782 | +4.6% |
| Amounts payable | 17/49 | €240,821 | €828,529 | +€587,708 | +244% |
| Amounts payable after more than one year | 17 | €123,864 | €69,035 | -€54,829 | -44.3% |
| Financial debts | 170/4 | €123,864 | €69,035 | -€54,829 | -44.3% |
| Amounts payable within one year | 42/48 | €116,957 | €759,493 | +€642,536 | +549% |
| Current portion of amounts payable after more than one year | 42 | €96,617 | €54,829 | -€41,788 | -43.3% |
| Financial debts | 43 | €7,319 | €62,461 | +€55,143 | +753% |
| Credit institutions | 430/8 | €7,319 | €62,461 | +€55,143 | +753% |
| Trade debts | 44 | €3,385 | €7,542 | +€4,157 | +123% |
| Suppliers | 440/4 | €3,385 | €7,542 | +€4,157 | +123% |
| Taxes, remuneration and social security | 45 | €6,094 | €24,801 | +€18,707 | +307% |
| Taxes | 450/3 | €6,094 | €24,801 | +€18,707 | +307% |
| Other amounts payable | 47/48 | €3,543 | €609,861 | +€606,318 | +17,113% |
| Non-recurring operating income | 76A | €0 | €1,090 | +€1,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,015 | €78,910 | +€1,895 | +2.5% |
| Other operating charges | 640/8 | €11,419 | €10,783 | -€637 | -5.6% |
| Non-recurring operating charges | 66A | €3,224 | €0 | -€3,224 | -100% |
| Gross operating margin | 9900 | €140,144 | €281,519 | +€141,375 | +101% |
| Operating profit (loss) | 9901 | €48,486 | €191,827 | +€143,341 | +296% |
| Financial income | 75/76B | €20,447 | €9,793 | -€10,654 | -52.1% |
| Recurring financial income | 75 | €20,447 | €9,793 | -€10,654 | -52.1% |
| Financial charges | 65/66B | €1,898 | €7,298 | +€5,401 | +285% |
| Recurring financial charges | 65 | €1,898 | €7,298 | +€5,401 | +285% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €67,035 | €194,321 | +€127,286 | +190% |
| Income taxes | 67/77 | €17,330 | €61,003 | +€43,674 | +252% |
| Profit (loss) for the period | 9904 | €49,706 | €133,318 | +€83,612 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €49,706 | €133,318 | +€83,612 | +168% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.