B & R: 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.
B & R
Largest movements
- Receivables within one year -€5,523
down €5,523 (-84.9%), from €6,505 to €983
of which Trade receivables: -€5,597
- Deferred charges and accrued income +€2,161
up €2,161 (+65.9%), from €3,280 to €5,441
- Cash -€1,790
down €1,790 (-96.6%), from €1,853 to €63
mainly Net result for the year (-€3,952) and Accrued charges and deferred income (-€3,900)
- Tangible fixed assets -€198
down €198 (-50.0%), from €396 to €198
- Profit (loss) carried forward -€3,952
down €3,952 (-9.8%), from -€40,339 to -€44,291
- Accrued charges and deferred income -€3,900
down €3,900 (-100.0%), from €3,900 to €0
- Other debts +€2,255
up €2,255 (+21.1%), from €10,681 to €12,936
- Short-term financial debts +€1,822
up €1,822 (+12.2%), from €14,924 to €16,746
- Tax, wage and social debts -€1,514
down €1,514 (-68.4%), from €2,214 to €700
- Other operating charges +€1,148
up €1,148 (+726.3%), from €158 to €1,306
- Gross operating margin -€464
down €464, from €331 to -€132
- Depreciation -€300
down €300 (-60.2%), from €498 to €198
- Financial charges -€52
down €52 (-2.2%), from €2,368 to €2,316
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,035 | €6,684 | -€5,350 | -44.5% |
| Fixed assets | 21/28 | €396 | €198 | -€198 | -50.0% |
| Tangible fixed assets | 22/27 | €396 | €198 | -€198 | -50.0% |
| Furniture and vehicles | 24 | €396 | €198 | -€198 | -50.0% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €11,639 | €6,486 | -€5,152 | -44.3% |
| Amounts receivable within one year | 40/41 | €6,505 | €983 | -€5,523 | -84.9% |
| Trade receivables | 40 | €6,505 | €908 | -€5,597 | -86.0% |
| Other amounts receivable | 41 | - | €74 | +€74 | |
| Cash at bank and in hand | 54/58 | €1,853 | €63 | -€1,790 | -96.6% |
| Deferred charges and accrued income | 490/1 | €3,280 | €5,441 | +€2,161 | +65.9% |
| Total equity and liabilities | 10/49 | €12,035 | €6,684 | -€5,350 | -44.5% |
| Equity | 10/15 | -€19,879 | -€23,831 | -€3,952 | -19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| 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 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,339 | -€44,291 | -€3,952 | -9.8% |
| Amounts payable | 17/49 | €31,914 | €30,515 | -€1,399 | -4.4% |
| Amounts payable within one year | 42/48 | €28,014 | €30,515 | +€2,501 | +8.9% |
| Financial debts | 43 | €14,924 | €16,746 | +€1,822 | +12.2% |
| Credit institutions | 430/8 | €14,924 | €16,746 | +€1,822 | +12.2% |
| Trade debts | 44 | €195 | €133 | -€62 | -31.6% |
| Suppliers | 440/4 | €195 | €133 | -€62 | -31.6% |
| Taxes, remuneration and social security | 45 | €2,214 | €700 | -€1,514 | -68.4% |
| Taxes | 450/3 | €2,214 | €700 | -€1,514 | -68.4% |
| Other amounts payable | 47/48 | €10,681 | €12,936 | +€2,255 | +21.1% |
| Accrued charges and deferred income | 492/3 | €3,900 | €0 | -€3,900 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €498 | €198 | -€300 | -60.2% |
| Other operating charges | 640/8 | €158 | €1,306 | +€1,148 | +726.3% |
| Gross operating margin | 9900 | €331 | -€132 | -€464 | |
| Operating profit (loss) | 9901 | -€324 | -€1,636 | -€1,312 | -404.4% |
| Financial charges | 65/66B | €2,368 | €2,316 | -€52 | -2.2% |
| Recurring financial charges | 65 | €2,368 | €2,316 | -€52 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,692 | -€3,952 | -€1,260 | -46.8% |
| Profit (loss) for the period | 9904 | -€2,692 | -€3,952 | -€1,260 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,692 | -€3,952 | -€1,260 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.