B.R.N.: 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.N.
Largest movements
- Receivables within one year +€6,726
up €6,726 (+688%), from €977 to €7,702
of which Trade receivables: +€7,221
- Cash -€1,262
down €1,262 (-13.4%), from €9,393 to €8,131
mainly Net result for the year (-€7,851) and Receivables within one year (-€6,726)
- Trade debts +€9,214
up €9,214, from €0 to €9,214
- Profit (loss) carried forward -€7,851
down €7,851 (-65.2%), from -€12,047 to -€19,898
- Other debts +€4,100
up €4,100 (+20.1%), from €20,417 to €24,517
- Depreciation +€1,336
new in 2025: €1,336
- Staff costs -€1,036
down €1,036 (-100%), from €1,036 to €0
- Gross operating margin +€270
up €270 (+7.1%), from -€3,810 to -€3,540
- Other operating charges +€171
up €171 (+56.4%), from €303 to €474
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 | €10,370 | €15,833 | +€5,463 | +52.7% |
| Current assets | 29/58 | €10,370 | €15,833 | +€5,463 | +52.7% |
| Amounts receivable within one year | 40/41 | €977 | €7,702 | +€6,726 | +688% |
| Trade receivables | 40 | €300 | €7,521 | +€7,221 | +2,408% |
| Other amounts receivable | 41 | €677 | €182 | -€495 | -73.1% |
| Cash at bank and in hand | 54/58 | €9,393 | €8,131 | -€1,262 | -13.4% |
| Total equity and liabilities | 10/49 | €10,370 | €15,833 | +€5,463 | +52.7% |
| Equity | 10/15 | -€10,047 | -€17,898 | -€7,851 | -78.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,047 | -€19,898 | -€7,851 | -65.2% |
| Amounts payable | 17/49 | €20,417 | €33,731 | +€13,314 | +65.2% |
| Amounts payable within one year | 42/48 | €20,417 | €33,731 | +€13,314 | +65.2% |
| Trade debts | 44 | €0 | €9,214 | +€9,214 | |
| Suppliers | 440/4 | €0 | €9,214 | +€9,214 | |
| Other amounts payable | 47/48 | €20,417 | €24,517 | +€4,100 | +20.1% |
| Remuneration, social security and pensions | 62 | €1,036 | €0 | -€1,036 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,336 | +€1,336 | |
| Other operating charges | 640/8 | €303 | €474 | +€171 | +56.4% |
| Non-recurring operating charges | 66A | - | €2,143 | +€2,143 | |
| Gross operating margin | 9900 | -€3,810 | -€3,540 | +€270 | +7.1% |
| Operating profit (loss) | 9901 | -€5,149 | -€7,494 | -€2,345 | -45.5% |
| Financial charges | 65/66B | €382 | €358 | -€24 | -6.3% |
| Recurring financial charges | 65 | €382 | €358 | -€24 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,530 | -€7,851 | -€2,321 | -42.0% |
| Profit (loss) for the period | 9904 | -€5,530 | -€7,851 | -€2,321 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,530 | -€7,851 | -€2,321 | -42.0% |
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 15 October 2026 via checked.be.