BBR 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.
BBR Management
Largest movements
- Cash -€92,591
down €92,591 (-57.1%), from €162,223 to €69,632
mainly Other debts (-€167,910) and Debts after one year (-€140,311)
- Tangible fixed assets -€88,105
down €88,105 (-4.5%), from €1.9m to €1.9m
of which Land and buildings: -€83,364
- Current investments +€70,288
up €70,288 (+156%), from €45,000 to €115,288
- Receivables within one year -€38,951
down €38,951 (-58.2%), from €66,951 to €28,000
of which Other amounts receivable: -€45,951
- Profit (loss) carried forward +€232,297
up €232,297 (+82.4%), from €281,764 to €514,061
- Other debts -€167,910
down €167,910 (-56.0%), from €300,000 to €132,090
- Debts after one year -€140,311
down €140,311 (-11.9%), from €1.2m to €1.0m
of which Financial debts: -€140,311
- Tax, wage and social debts -€70,193
down €70,193 (-86.1%), from €81,570 to €11,376
- Gross operating margin -€38,568
down €38,568 (-8.2%), from €471,802 to €433,235
- Taxes -€12,650
down €12,650 (-15.6%), from €81,220 to €68,570
- Other operating charges +€7,623
up €7,623 (+104%), from €7,355 to €14,978
- Depreciation -€4,786
down €4,786 (-5.1%), from €93,174 to €88,388
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 | €2,228,282 | €2,076,844 | -€151,438 | -6.8% |
| Fixed assets | 21/28 | €1,949,794 | €1,861,690 | -€88,105 | -4.5% |
| Tangible fixed assets | 22/27 | €1,949,794 | €1,861,690 | -€88,105 | -4.5% |
| Land and buildings | 22 | €1,939,485 | €1,856,121 | -€83,364 | -4.3% |
| Furniture and vehicles | 24 | €10,310 | €5,569 | -€4,741 | -46.0% |
| Current assets | 29/58 | €278,488 | €215,155 | -€63,333 | -22.7% |
| Amounts receivable within one year | 40/41 | €66,951 | €28,000 | -€38,951 | -58.2% |
| Trade receivables | 40 | €21,000 | €28,000 | +€7,000 | +33.3% |
| Other amounts receivable | 41 | €45,951 | €0 | -€45,951 | -100% |
| Current investments | 50/53 | €45,000 | €115,288 | +€70,288 | +156% |
| Cash at bank and in hand | 54/58 | €162,223 | €69,632 | -€92,591 | -57.1% |
| Deferred charges and accrued income | 490/1 | €4,314 | €2,235 | -€2,079 | -48.2% |
| Total equity and liabilities | 10/49 | €2,228,282 | €2,076,844 | -€151,438 | -6.8% |
| Equity | 10/15 | €502,224 | €734,521 | +€232,297 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,860 | €201,860 | = | 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 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281,764 | €514,061 | +€232,297 | +82.4% |
| Amounts payable | 17/49 | €1,726,058 | €1,342,323 | -€383,735 | -22.2% |
| Amounts payable after more than one year | 17 | €1,174,286 | €1,033,975 | -€140,311 | -11.9% |
| Financial debts | 170/4 | €1,166,546 | €1,026,235 | -€140,311 | -12.0% |
| Other amounts payable | 178/9 | €7,740 | €7,740 | = | 0.0% |
| Amounts payable within one year | 42/48 | €549,641 | €306,439 | -€243,202 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €158,845 | €162,004 | +€3,160 | +2.0% |
| Financial debts | 43 | €1,066 | €129 | -€937 | -87.9% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €1,066 | €129 | -€937 | -87.9% |
| Trade debts | 44 | €8,160 | €840 | -€7,321 | -89.7% |
| Suppliers | 440/4 | €8,160 | €840 | -€7,321 | -89.7% |
| Taxes, remuneration and social security | 45 | €81,570 | €11,376 | -€70,193 | -86.1% |
| Taxes | 450/3 | €81,570 | €11,376 | -€70,193 | -86.1% |
| Other amounts payable | 47/48 | €300,000 | €132,090 | -€167,910 | -56.0% |
| Accrued charges and deferred income | 492/3 | €2,132 | €1,909 | -€223 | -10.4% |
| Non-recurring operating income | 76A | - | €653 | +€653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,174 | €88,388 | -€4,786 | -5.1% |
| Other operating charges | 640/8 | €7,355 | €14,978 | +€7,623 | +104% |
| Non-recurring operating charges | 66A | - | €1,203 | +€1,203 | |
| Gross operating margin | 9900 | €471,802 | €433,235 | -€38,568 | -8.2% |
| Operating profit (loss) | 9901 | €371,274 | €328,665 | -€42,609 | -11.5% |
| Financial income | 75/76B | €50 | €288 | +€238 | +475% |
| Recurring financial income | 75 | €50 | €288 | +€238 | +475% |
| Financial charges | 65/66B | €31,447 | €28,086 | -€3,361 | -10.7% |
| Recurring financial charges | 65 | €31,447 | €28,086 | -€3,361 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €339,877 | €300,868 | -€39,009 | -11.5% |
| Income taxes | 67/77 | €81,220 | €68,570 | -€12,650 | -15.6% |
| Profit (loss) for the period | 9904 | €258,656 | €232,297 | -€26,359 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €258,656 | €232,297 | -€26,359 | -10.2% |
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.