BBR FINANCE: 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.
BBR FINANCE
Largest movements
- Receivables within one year +€10,032
up €10,032 (+46.1%), from €21,781 to €31,813
of which Trade receivables: +€15,742
- Tangible fixed assets +€7,377
up €7,377 (+243%), from €3,037 to €10,415
- Cash +€4,542
up €4,542 (+3.4%), from €132,570 to €137,112
mainly Net result for the year (+€45,835) and Receivables after one year (+€4,200)
- Receivables after one year -€4,200
down €4,200 (-18.4%), from €22,823 to €18,623
- Tax, wage and social debts -€29,387
no longer reported in 2025 (was €29,387)
of which Remuneration and social security: -€27,387
- Profit (loss) carried forward +€25,835
up €25,835 (+115%), from €22,552 to €48,387
- Reserves +€20,000
up €20,000 (+13.9%), from €144,099 to €164,099
of which Distributable reserves: +€20,000
- Gross operating margin +€41,898
up €41,898 (+155%), from €27,029 to €68,928
- Taxes +€10,216
up €10,216 (+112%), from €9,099 to €19,315
- Financial income -€5,441
down €5,441 (-67.6%), from €8,047 to €2,606
- Other operating charges +€1,424
up €1,424 (+1,259%), from €113 to €1,537
- Financial charges +€971
up €971 (+36.4%), from €2,665 to €3,636
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 | €233,103 | €251,287 | +€18,184 | +7.8% |
| Fixed assets | 21/28 | €3,927 | €11,304 | +€7,377 | +188% |
| Tangible fixed assets | 22/27 | €3,037 | €10,415 | +€7,377 | +243% |
| Furniture and vehicles | 24 | €3,037 | €10,415 | +€7,377 | +243% |
| Financial fixed assets | 28 | €889 | €889 | = | 0.0% |
| Current assets | 29/58 | €229,177 | €239,983 | +€10,807 | +4.7% |
| Amounts receivable after more than one year | 29 | €22,823 | €18,623 | -€4,200 | -18.4% |
| Other amounts receivable | 291 | €22,823 | €18,623 | -€4,200 | -18.4% |
| Amounts receivable within one year | 40/41 | €21,781 | €31,813 | +€10,032 | +46.1% |
| Trade receivables | 40 | €9,188 | €24,930 | +€15,742 | +171% |
| Other amounts receivable | 41 | €12,593 | €6,883 | -€5,710 | -45.3% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €132,570 | €137,112 | +€4,542 | +3.4% |
| Deferred charges and accrued income | 490/1 | €2,003 | €2,435 | +€432 | +21.6% |
| Total equity and liabilities | 10/49 | €233,103 | €251,287 | +€18,184 | +7.8% |
| Equity | 10/15 | €197,637 | €243,472 | +€45,835 | +23.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €144,099 | €164,099 | +€20,000 | +13.9% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €141,000 | €161,000 | +€20,000 | +14.2% |
| Profit (loss) carried forward | 14 | €22,552 | €48,387 | +€25,835 | +115% |
| Amounts payable | 17/49 | €35,466 | €7,815 | -€27,651 | -78.0% |
| Amounts payable within one year | 42/48 | €35,466 | €7,815 | -€27,651 | -78.0% |
| Current portion of amounts payable after more than one year | 42 | €1,657 | €3,422 | +€1,765 | +106% |
| Trade debts | 44 | €4,111 | €2,701 | -€1,410 | -34.3% |
| Suppliers | 440/4 | €4,111 | €2,701 | -€1,410 | -34.3% |
| Taxes, remuneration and social security | 45 | €29,387 | - | -€29,387 | |
| Taxes | 450/3 | €2,000 | - | -€2,000 | |
| Remuneration and social security | 454/9 | €27,387 | - | -€27,387 | |
| Other amounts payable | 47/48 | €311 | €1,692 | +€1,381 | +444% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | €1,210 | +€372 | +44.4% |
| Other operating charges | 640/8 | €113 | €1,537 | +€1,424 | +1,259% |
| Gross operating margin | 9900 | €27,029 | €68,928 | +€41,898 | +155% |
| Operating profit (loss) | 9901 | €26,078 | €66,180 | +€40,102 | +154% |
| Financial income | 75/76B | €8,047 | €2,606 | -€5,441 | -67.6% |
| Recurring financial income | 75 | €8,047 | €2,606 | -€5,441 | -67.6% |
| Financial charges | 65/66B | €2,665 | €3,636 | +€971 | +36.4% |
| Recurring financial charges | 65 | €2,665 | €3,636 | +€971 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €31,460 | €65,150 | +€33,690 | +107% |
| Income taxes | 67/77 | €9,099 | €19,315 | +€10,216 | +112% |
| Profit (loss) for the period | 9904 | €22,361 | €45,835 | +€23,473 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €22,361 | €45,835 | +€23,473 | +105% |
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 16 October 2026 via checked.be.