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
- Tangible fixed assets -€9,345
down €9,345 (-73.6%), from €12,689 to €3,344
of which Furniture and vehicles: -€9,132
- Cash +€4,965
up €4,965 (+38.3%), from €12,974 to €17,939
mainly Depreciation (+€9,345) and Trade debts (+€2,993)
- Deferred charges and accrued income +€2,038
new in 2024: €2,038
- Stocks and contracts -€1,638
down €1,638 (-13.5%), from €12,138 to €10,500
- Receivables within one year -€857
down €857 (-3.5%), from €24,523 to €23,665
of which Trade receivables: -€8,379
- Profit (loss) carried forward -€5,605
down €5,605 (-35.5%), from €15,776 to €10,171
- Current portion of long-term debt -€3,905
down €3,905 (-84.9%), from €4,599 to €694
- Trade debts +€2,993
up €2,993 (+20.2%), from €14,833 to €17,826
- Tax, wage and social debts +€1,186
up €1,186 (+8.4%), from €14,173 to €15,359
of which Taxes: +€1,353
- Accrued charges and deferred income +€842
up €842, from €0 to €842
- Gross operating margin -€15,845
down €15,845 (-40.0%), from €39,586 to €23,741
- Other operating charges -€6,456
down €6,456 (-86.1%), from €7,495 to €1,039
- Staff costs -€5,788
down €5,788 (-25.7%), from €22,505 to €16,718
- Financial charges -€779
down €779 (-28.5%), from €2,731 to €1,952
- Depreciation -€679
down €679 (-6.8%), from €10,024 to €9,345
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,399 | €57,562 | -€4,838 | -7.8% |
| Fixed assets | 21/28 | €12,764 | €3,419 | -€9,345 | -73.2% |
| Tangible fixed assets | 22/27 | €12,689 | €3,344 | -€9,345 | -73.6% |
| Plant, machinery and equipment | 23 | €637 | €425 | -€213 | -33.3% |
| Furniture and vehicles | 24 | €12,052 | €2,919 | -€9,132 | -75.8% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €49,635 | €54,142 | +€4,507 | +9.1% |
| Stocks and contracts in progress | 3 | €12,138 | €10,500 | -€1,638 | -13.5% |
| Stocks | 30/36 | €12,138 | €10,500 | -€1,638 | -13.5% |
| Amounts receivable within one year | 40/41 | €24,523 | €23,665 | -€857 | -3.5% |
| Trade receivables | 40 | €17,474 | €9,095 | -€8,379 | -48.0% |
| Other amounts receivable | 41 | €7,049 | €14,571 | +€7,522 | +107% |
| Cash at bank and in hand | 54/58 | €12,974 | €17,939 | +€4,965 | +38.3% |
| Deferred charges and accrued income | 490/1 | - | €2,038 | +€2,038 | |
| Total equity and liabilities | 10/49 | €62,399 | €57,562 | -€4,838 | -7.8% |
| Equity | 10/15 | €23,002 | €17,397 | -€5,605 | -24.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,027 | €1,027 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,027 | €1,027 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,027 | €1,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,776 | €10,171 | -€5,605 | -35.5% |
| Amounts payable | 17/49 | €39,397 | €40,164 | +€767 | +1.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €39,397 | €39,323 | -€74 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €4,599 | €694 | -€3,905 | -84.9% |
| Trade debts | 44 | €14,833 | €17,826 | +€2,993 | +20.2% |
| Suppliers | 440/4 | €14,833 | €17,826 | +€2,993 | +20.2% |
| Taxes, remuneration and social security | 45 | €14,173 | €15,359 | +€1,186 | +8.4% |
| Taxes | 450/3 | €4,759 | €6,112 | +€1,353 | +28.4% |
| Remuneration and social security | 454/9 | €9,414 | €9,247 | -€167 | -1.8% |
| Other amounts payable | 47/48 | €5,792 | €5,444 | -€349 | -6.0% |
| Accrued charges and deferred income | 492/3 | €0 | €842 | +€842 | |
| Non-recurring operating income | 76A | €1,028 | €0 | -€1,028 | -100% |
| Remuneration, social security and pensions | 62 | €22,505 | €16,718 | -€5,788 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,024 | €9,345 | -€679 | -6.8% |
| Other operating charges | 640/8 | €7,495 | €1,039 | -€6,456 | -86.1% |
| Non-recurring operating charges | 66A | €447 | €0 | -€447 | -100% |
| Gross operating margin | 9900 | €39,586 | €23,741 | -€15,845 | -40.0% |
| Operating profit (loss) | 9901 | -€884 | -€3,360 | -€2,475 | -280% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €2,731 | €1,952 | -€779 | -28.5% |
| Recurring financial charges | 65 | €2,731 | €1,952 | -€779 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,615 | -€5,312 | -€1,696 | -46.9% |
| Income taxes | 67/77 | €451 | €293 | -€158 | -35.0% |
| Profit (loss) for the period | 9904 | -€4,066 | -€5,605 | -€1,539 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,066 | -€5,605 | -€1,539 | -37.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.