B.R.K. PROJECTS: 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.K. PROJECTS
Largest movements
- Cash +€67,050
up €67,050 (+165%), from €40,556 to €107,606
mainly Depreciation (+€38,005) and Trade debts (+€37,912)
- Receivables within one year -€28,167
down €28,167 (-32.6%), from €86,520 to €58,353
of which Other amounts receivable: -€25,318
- Tangible fixed assets -€19,159
down €19,159 (-14.6%), from €130,924 to €111,765
of which Land and buildings: -€18,344
- Intangible fixed assets -€4,594
down €4,594 (-26.1%), from €17,595 to €13,001
- Trade debts +€37,912
up €37,912 (+1,128%), from €3,361 to €41,273
- Reserves -€24,050
down €24,050 (-29.8%), from €80,632 to €56,582
of which Distributable reserves: -€24,050
- Tax, wage and social debts +€6,809
up €6,809 (+378%), from €1,800 to €8,609
- Profit (loss) carried forward +€6,627
up €6,627 (+27.4%), from -€24,147 to -€17,520
- Debts after one year -€5,555
no longer reported in 2025 (was €5,555)
- Gross operating margin -€20,160
down €20,160 (-27.5%), from €73,429 to €53,269
- Taxes -€18,615
down €18,615 (-76.5%), from €24,327 to €5,712
- Financial charges -€3,706
down €3,706 (-76.5%), from €4,844 to €1,138
- Other operating charges -€1,957
down €1,957 (-44.4%), from €4,405 to €2,447
- Financial income -€973
down €973 (-59.5%), from €1,633 to €661
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 | €276,746 | €294,400 | +€17,654 | +6.4% |
| Fixed assets | 21/28 | €148,519 | €124,766 | -€23,753 | -16.0% |
| Intangible fixed assets | 21 | €17,595 | €13,001 | -€4,594 | -26.1% |
| Tangible fixed assets | 22/27 | €130,924 | €111,765 | -€19,159 | -14.6% |
| Land and buildings | 22 | €108,192 | €89,848 | -€18,344 | -17.0% |
| Plant, machinery and equipment | 23 | €723 | €195 | -€529 | -73.1% |
| Furniture and vehicles | 24 | €22,009 | €21,722 | -€287 | -1.3% |
| Current assets | 29/58 | €128,227 | €169,634 | +€41,407 | +32.3% |
| Stocks and contracts in progress | 3 | - | €2,750 | +€2,750 | |
| Stocks | 30/36 | - | €2,750 | +€2,750 | |
| Amounts receivable within one year | 40/41 | €86,520 | €58,353 | -€28,167 | -32.6% |
| Trade receivables | 40 | €49,387 | €46,538 | -€2,849 | -5.8% |
| Other amounts receivable | 41 | €37,133 | €11,815 | -€25,318 | -68.2% |
| Cash at bank and in hand | 54/58 | €40,556 | €107,606 | +€67,050 | +165% |
| Deferred charges and accrued income | 490/1 | €1,151 | €925 | -€226 | -19.6% |
| Total equity and liabilities | 10/49 | €276,746 | €294,400 | +€17,654 | +6.4% |
| Equity | 10/15 | €75,085 | €57,662 | -€17,423 | -23.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,632 | €56,582 | -€24,050 | -29.8% |
| Non-distributable reserves | 130/1 | €1,152 | €1,152 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,152 | €1,152 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,826 | €3,826 | = | 0.0% |
| Distributable reserves | 133 | €75,654 | €51,604 | -€24,050 | -31.8% |
| Profit (loss) carried forward | 14 | -€24,147 | -€17,520 | +€6,627 | +27.4% |
| Provisions and deferred taxes | 16 | €180,000 | €180,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €180,000 | €180,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €180,000 | €180,000 | = | 0.0% |
| Amounts payable | 17/49 | €21,661 | €56,737 | +€35,076 | +162% |
| Amounts payable after more than one year | 17 | €5,555 | - | -€5,555 | |
| Financial debts | 170/4 | €5,555 | - | -€5,555 | |
| Amounts payable within one year | 42/48 | €16,106 | €56,737 | +€40,631 | +252% |
| Current portion of amounts payable after more than one year | 42 | €10,945 | €6,855 | -€4,090 | -37.4% |
| Trade debts | 44 | €3,361 | €41,273 | +€37,912 | +1,128% |
| Suppliers | 440/4 | €3,361 | €41,273 | +€37,912 | +1,128% |
| Taxes, remuneration and social security | 45 | €1,800 | €8,609 | +€6,809 | +378% |
| Taxes | 450/3 | €1,800 | €8,609 | +€6,809 | +378% |
| Non-recurring operating income | 76A | €27,048 | - | -€27,048 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,586 | €38,005 | -€581 | -1.5% |
| Other operating charges | 640/8 | €4,405 | €2,447 | -€1,957 | -44.4% |
| Gross operating margin | 9900 | €73,429 | €53,269 | -€20,160 | -27.5% |
| Operating profit (loss) | 9901 | €30,438 | €12,817 | -€17,622 | -57.9% |
| Financial income | 75/76B | €1,633 | €661 | -€973 | -59.5% |
| Recurring financial income | 75 | €1,633 | €661 | -€973 | -59.5% |
| Financial charges | 65/66B | €4,844 | €1,138 | -€3,706 | -76.5% |
| Recurring financial charges | 65 | €4,844 | €1,138 | -€3,706 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €27,228 | €12,339 | -€14,888 | -54.7% |
| Income taxes | 67/77 | €24,327 | €5,712 | -€18,615 | -76.5% |
| Profit (loss) for the period | 9904 | €2,901 | €6,627 | +€3,726 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €2,901 | €6,627 | +€3,726 | +128% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.