B.R. SYSTEM: 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. SYSTEM
Largest movements
- Tangible fixed assets -€8,259
down €8,259 (-58.5%), from €14,115 to €5,856
of which Other tangible fixed assets: -€5,093
- Cash -€3,569
down €3,569 (-8.4%), from €42,662 to €39,093
mainly Other debts (-€4,793) and Net result for the year (-€3,893)
- Deferred charges and accrued income -€938
no longer reported in 2025 (was €938)
- Other debts -€4,793
down €4,793 (-85.6%), from €5,598 to €805
- Profit (loss) carried forward -€3,893
down €3,893 (-20.7%), from €18,809 to €14,916
- Tax, wage and social debts -€2,811
down €2,811 (-36.9%), from €7,612 to €4,801
- Accrued charges and deferred income -€750
no longer reported in 2025 (was €750)
- Gross operating margin -€1,785
down €1,785 (-21.8%), from €8,178 to €6,393
- Other operating charges -€1,743
down €1,743 (-77.4%), from €2,252 to €509
- Financial charges +€679
up €679 (+49.7%), from €1,365 to €2,044
- Financial income -€611
down €611 (-49.6%), from €1,232 to €621
- Provisions +€391
up €391 (+69.3%), from -€564 to -€173
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 | €73,429 | €60,941 | -€12,488 | -17.0% |
| Fixed assets | 21/28 | €14,115 | €5,856 | -€8,259 | -58.5% |
| Tangible fixed assets | 22/27 | €14,115 | €5,856 | -€8,259 | -58.5% |
| Plant, machinery and equipment | 23 | €8,937 | €5,856 | -€3,081 | -34.5% |
| Furniture and vehicles | 24 | €85 | - | -€85 | |
| Other tangible fixed assets | 26 | €5,093 | - | -€5,093 | |
| Current assets | 29/58 | €59,314 | €55,085 | -€4,229 | -7.1% |
| Stocks and contracts in progress | 3 | €14,435 | €14,324 | -€111 | -0.8% |
| Stocks | 30/36 | €14,435 | €14,324 | -€111 | -0.8% |
| Amounts receivable within one year | 40/41 | €1,279 | €1,668 | +€389 | +30.4% |
| Trade receivables | 40 | €279 | €828 | +€549 | +197% |
| Other amounts receivable | 41 | €1,000 | €840 | -€160 | -16.0% |
| Cash at bank and in hand | 54/58 | €42,662 | €39,093 | -€3,569 | -8.4% |
| Deferred charges and accrued income | 490/1 | €938 | - | -€938 | |
| Total equity and liabilities | 10/49 | €73,429 | €60,941 | -€12,488 | -17.0% |
| Equity | 10/15 | €57,769 | €53,876 | -€3,893 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,360 | €20,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,809 | €14,916 | -€3,893 | -20.7% |
| Provisions and deferred taxes | 16 | €174 | - | -€174 | |
| Provisions for liabilities and charges | 160/5 | €174 | - | -€174 | |
| Other liabilities and charges | 164/5 | €174 | - | -€174 | |
| Amounts payable | 17/49 | €15,486 | €7,065 | -€8,421 | -54.4% |
| Amounts payable within one year | 42/48 | €14,736 | €7,065 | -€7,671 | -52.1% |
| Trade debts | 44 | €1,526 | €1,459 | -€67 | -4.4% |
| Suppliers | 440/4 | €1,526 | €1,459 | -€67 | -4.4% |
| Taxes, remuneration and social security | 45 | €7,612 | €4,801 | -€2,811 | -36.9% |
| Taxes | 450/3 | €7,612 | €4,801 | -€2,811 | -36.9% |
| Other amounts payable | 47/48 | €5,598 | €805 | -€4,793 | -85.6% |
| Accrued charges and deferred income | 492/3 | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,314 | €8,259 | -€55 | -0.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€564 | -€173 | +€391 | +69.3% |
| Other operating charges | 640/8 | €2,252 | €509 | -€1,743 | -77.4% |
| Gross operating margin | 9900 | €8,178 | €6,393 | -€1,785 | -21.8% |
| Operating profit (loss) | 9901 | -€1,824 | -€2,202 | -€378 | -20.7% |
| Financial income | 75/76B | €1,232 | €621 | -€611 | -49.6% |
| Recurring financial income | 75 | €1,232 | €621 | -€611 | -49.6% |
| Financial charges | 65/66B | €1,365 | €2,044 | +€679 | +49.7% |
| Recurring financial charges | 65 | €1,365 | €2,044 | +€679 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,957 | -€3,625 | -€1,668 | -85.2% |
| Income taxes | 67/77 | €33 | €268 | +€235 | +712% |
| Profit (loss) for the period | 9904 | -€1,990 | -€3,893 | -€1,903 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,990 | -€3,893 | -€1,903 | -95.6% |
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 17 October 2026 via checked.be.