B.R.C. MANAGEMENT: 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.C. MANAGEMENT
Largest movements
- Tangible fixed assets -€9,726
down €9,726 (-16.6%), from €58,756 to €49,031
of which Furniture and vehicles: -€6,745
- Receivables within one year +€8,242
up €8,242 (+790%), from €1,044 to €9,286
of which Trade receivables: +€9,286
- Cash -€6,463
down €6,463 (-32.4%), from €19,972 to €13,509
mainly Net result for the year (-€10,649) and Receivables within one year (-€8,242)
- Profit (loss) carried forward -€10,649
down €10,649 (-211%), from -€5,041 to -€15,690
- Debts after one year +€4,333
up €4,333 (+8.3%), from €52,481 to €56,814
of which Other amounts payable: +€15,000
- Other debts -€4,089
down €4,089 (-58.8%), from €6,958 to €2,869
- Tax, wage and social debts +€1,091
up €1,091 (+20.5%), from €5,319 to €6,410
of which Taxes: +€1,091
- Gross operating margin -€30,480
down €30,480 (-93.0%), from €32,770 to €2,290
- Taxes -€3,400
down €3,400 (-85.8%), from €3,964 to €564
- Depreciation -€1,639
down €1,639 (-14.4%), from €11,365 to €9,726
- Financial charges -€1,024
down €1,024 (-37.6%), from €2,725 to €1,701
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 | €84,366 | €75,812 | -€8,554 | -10.1% |
| Fixed assets | 21/28 | €58,756 | €49,031 | -€9,726 | -16.6% |
| Tangible fixed assets | 22/27 | €58,756 | €49,031 | -€9,726 | -16.6% |
| Furniture and vehicles | 24 | €40,615 | €33,870 | -€6,745 | -16.6% |
| Other tangible fixed assets | 26 | €18,142 | €15,161 | -€2,981 | -16.4% |
| Current assets | 29/58 | €25,610 | €26,781 | +€1,171 | +4.6% |
| Amounts receivable within one year | 40/41 | €1,044 | €9,286 | +€8,242 | +790% |
| Trade receivables | 40 | - | €9,286 | +€9,286 | |
| Other amounts receivable | 41 | €1,044 | - | -€1,044 | |
| Cash at bank and in hand | 54/58 | €19,972 | €13,509 | -€6,463 | -32.4% |
| Deferred charges and accrued income | 490/1 | €4,594 | €3,987 | -€608 | -13.2% |
| Total equity and liabilities | 10/49 | €84,366 | €75,812 | -€8,554 | -10.1% |
| Equity | 10/15 | €8,620 | -€2,029 | -€10,649 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,261 | €1,261 | = | 0.0% |
| Distributable reserves | 133 | €1,261 | €1,261 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,041 | -€15,690 | -€10,649 | -211% |
| Amounts payable | 17/49 | €75,747 | €77,841 | +€2,094 | +2.8% |
| Amounts payable after more than one year | 17 | €52,481 | €56,814 | +€4,333 | +8.3% |
| Financial debts | 170/4 | €32,481 | €21,814 | -€10,667 | -32.8% |
| Other amounts payable | 178/9 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Amounts payable within one year | 42/48 | €23,186 | €21,027 | -€2,159 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €10,481 | €10,667 | +€186 | +1.8% |
| Trade debts | 44 | €427 | €1,081 | +€654 | +153% |
| Suppliers | 440/4 | €427 | €1,081 | +€654 | +153% |
| Taxes, remuneration and social security | 45 | €5,319 | €6,410 | +€1,091 | +20.5% |
| Taxes | 450/3 | €3,009 | €4,100 | +€1,091 | +36.2% |
| Remuneration and social security | 454/9 | €2,310 | €2,310 | = | 0.0% |
| Other amounts payable | 47/48 | €6,958 | €2,869 | -€4,089 | -58.8% |
| Accrued charges and deferred income | 492/3 | €80 | - | -€80 | |
| Non-recurring operating income | 76A | €19,312 | - | -€19,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,365 | €9,726 | -€1,639 | -14.4% |
| Other operating charges | 640/8 | €1,132 | €976 | -€156 | -13.8% |
| Non-recurring operating charges | 66A | €1,075 | - | -€1,075 | |
| Gross operating margin | 9900 | €32,770 | €2,290 | -€30,480 | -93.0% |
| Operating profit (loss) | 9901 | €19,198 | -€8,411 | -€27,610 | |
| Financial income | 75/76B | €31 | €28 | -€3 | -8.3% |
| Recurring financial income | 75 | €31 | €28 | -€3 | -8.3% |
| Financial charges | 65/66B | €2,725 | €1,701 | -€1,024 | -37.6% |
| Recurring financial charges | 65 | €2,725 | €1,701 | -€1,024 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €16,504 | -€10,084 | -€26,588 | |
| Income taxes | 67/77 | €3,964 | €564 | -€3,400 | -85.8% |
| Profit (loss) for the period | 9904 | €12,540 | -€10,649 | -€23,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,540 | -€10,649 | -€23,188 |
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 25 October 2026 via checked.be.