B & R ADMINISTRATION: 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 ADMINISTRATION
Largest movements
- Tangible fixed assets -€19,158
down €19,158 (-20.5%), from €93,435 to €74,277
of which Land and buildings: -€11,178
- Cash -€5,242
down €5,242 (-42.0%), from €12,479 to €7,237
mainly Current portion of long-term debt (-€8,173) and Debts after one year (-€5,879)
- Current portion of long-term debt -€8,173
down €8,173 (-58.2%), from €14,040 to €5,867
- Debts after one year -€5,879
down €5,879 (-39.6%), from €14,856 to €8,977
of which Financial debts: -€5,867
- Trade debts -€5,394
down €5,394 (-37.8%), from €14,274 to €8,880
- Tax, wage and social debts -€4,407
down €4,407 (-17.7%), from €24,929 to €20,522
of which Taxes: -€5,170
- Reserves +€2,264
up €2,264 (+4.3%), from €53,227 to €55,492
- Gross operating margin -€27,103
down €27,103 (-44.6%), from €60,765 to €33,662
- Taxes -€6,260
down €6,260 (-66.5%), from €9,417 to €3,157
- Other operating charges -€1,809
down €1,809 (-32.6%), from €5,551 to €3,742
- Financial charges -€1,628
down €1,628 (-52.6%), from €3,095 to €1,468
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,943 | €173,168 | -€23,775 | -12.1% |
| Fixed assets | 21/28 | €93,435 | €74,277 | -€19,158 | -20.5% |
| Tangible fixed assets | 22/27 | €93,435 | €74,277 | -€19,158 | -20.5% |
| Land and buildings | 22 | €62,361 | €51,183 | -€11,178 | -17.9% |
| Furniture and vehicles | 24 | €10,092 | €8,575 | -€1,517 | -15.0% |
| Leasing and similar rights | 25 | €20,981 | €14,519 | -€6,463 | -30.8% |
| Current assets | 29/58 | €103,508 | €98,891 | -€4,617 | -4.5% |
| Amounts receivable within one year | 40/41 | €85,758 | €86,680 | +€922 | +1.1% |
| Trade receivables | 40 | €69,342 | €67,823 | -€1,518 | -2.2% |
| Other amounts receivable | 41 | €16,417 | €18,857 | +€2,440 | +14.9% |
| Cash at bank and in hand | 54/58 | €12,479 | €7,237 | -€5,242 | -42.0% |
| Deferred charges and accrued income | 490/1 | €5,271 | €4,975 | -€297 | -5.6% |
| Total equity and liabilities | 10/49 | €196,943 | €173,168 | -€23,775 | -12.1% |
| Equity | 10/15 | €126,658 | €128,922 | +€2,264 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,227 | €55,492 | +€2,264 | +4.3% |
| Distributable reserves | 133 | €53,227 | €55,492 | +€2,264 | +4.3% |
| Profit (loss) carried forward | 14 | €54,830 | €54,830 | = | 0.0% |
| Amounts payable | 17/49 | €70,285 | €44,246 | -€26,039 | -37.0% |
| Amounts payable after more than one year | 17 | €14,856 | €8,977 | -€5,879 | -39.6% |
| Financial debts | 170/4 | €14,844 | €8,977 | -€5,867 | -39.5% |
| Other amounts payable | 178/9 | €12 | - | -€12 | |
| Amounts payable within one year | 42/48 | €55,430 | €35,269 | -€20,161 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €14,040 | €5,867 | -€8,173 | -58.2% |
| Financial debts | 43 | €2,188 | - | -€2,188 | |
| Credit institutions | 430/8 | €2,188 | - | -€2,188 | |
| Trade debts | 44 | €14,274 | €8,880 | -€5,394 | -37.8% |
| Suppliers | 440/4 | €14,274 | €8,880 | -€5,394 | -37.8% |
| Taxes, remuneration and social security | 45 | €24,929 | €20,522 | -€4,407 | -17.7% |
| Taxes | 450/3 | €24,382 | €19,212 | -€5,170 | -21.2% |
| Remuneration and social security | 454/9 | €547 | €1,310 | +€763 | +139% |
| Remuneration, social security and pensions | 62 | €504 | €539 | +€34 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,869 | €22,217 | +€348 | +1.6% |
| Other operating charges | 640/8 | €5,551 | €3,742 | -€1,809 | -32.6% |
| Non-recurring operating charges | 66A | €1,718 | €300 | -€1,418 | -82.5% |
| Gross operating margin | 9900 | €60,765 | €33,662 | -€27,103 | -44.6% |
| Operating profit (loss) | 9901 | €31,123 | €6,864 | -€24,258 | -77.9% |
| Financial income | 75/76B | €1 | €25 | +€23 | +1,767% |
| Recurring financial income | 75 | €1 | €25 | +€23 | +1,767% |
| Financial charges | 65/66B | €3,095 | €1,468 | -€1,628 | -52.6% |
| Recurring financial charges | 65 | €3,095 | €1,468 | -€1,628 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €28,029 | €5,421 | -€22,607 | -80.7% |
| Income taxes | 67/77 | €9,417 | €3,157 | -€6,260 | -66.5% |
| Profit (loss) for the period | 9904 | €18,611 | €2,264 | -€16,347 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,611 | €2,264 | -€16,347 | -87.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.