BR&C Construct: what changed
Two fiscal 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.
BR&C Construct
Largest movements
- Stocks and contracts +€1.7m
up €1.7m (+491.8%), from €355,473 to €2.1m
- Cash +€463,305
up €463,305 (+201.3%), from €230,189 to €693,494
mainly Short-term financial debts (+€1.6m) and Other debts (+€775,948)
- Receivables within one year -€153,301
down €153,301 (-40.1%), from €381,847 to €228,545
of which Other amounts receivable: -€121,059
- Short-term financial debts +€1.6m
new in 2024: €1.6m
- Other debts +€775,948
up €775,948 (+100903.5%), from €769 to €776,717
- Advances received -€324,633
down €324,633 (-85.1%), from €381,303 to €56,670
- Tax, wage and social debts +€89,810
up €89,810 (+4994.4%), from €1,798 to €91,608
- Profit (loss) carried forward -€70,467
down €70,467, from €197 to -€70,270
- Gross operating margin -€38,669
down €38,669, from €7,729 to -€30,940
- Financial charges +€30,242
up €30,242 (+266.8%), from €11,335 to €41,577
- Financial income +€3,965
up €3,965, from €0 to €3,965
- Other operating charges +€1,025
up €1,025 (+115.3%), from €889 to €1,915
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €967,509 | €3,025,835 | +€2.1m | +212.7% |
| Current assets | 29/58 | €967,509 | €3,025,835 | +€2.1m | +212.7% |
| Stocks and contracts in progress | 3 | €355,473 | €2,103,796 | +€1.7m | +491.8% |
| Stocks | 30/36 | €355,473 | €2,103,796 | +€1.7m | +491.8% |
| Amounts receivable within one year | 40/41 | €381,847 | €228,545 | -€153,301 | -40.1% |
| Trade receivables | 40 | €181,733 | €149,491 | -€32,242 | -17.7% |
| Other amounts receivable | 41 | €200,113 | €79,054 | -€121,059 | -60.5% |
| Cash at bank and in hand | 54/58 | €230,189 | €693,494 | +€463,305 | +201.3% |
| Total equity and liabilities | 10/49 | €967,509 | €3,025,835 | +€2.1m | +212.7% |
| Equity | 10/15 | €100,444 | €29,977 | -€70,467 | -70.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €247 | €247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €247 | €247 | = | 0.0% |
| Legal reserve | 130 | €247 | €247 | = | 0.0% |
| Profit (loss) carried forward | 14 | €197 | -€70,270 | -€70,467 | |
| Amounts payable | 17/49 | €867,065 | €2,995,858 | +€2.1m | +245.5% |
| Amounts payable within one year | 42/48 | €867,065 | €2,995,858 | +€2.1m | +245.5% |
| Financial debts | 43 | - | €1,600,000 | +€1.6m | |
| Credit institutions | 430/8 | - | €1,600,000 | +€1.6m | |
| Trade debts | 44 | €483,194 | €470,863 | -€12,332 | -2.6% |
| Suppliers | 440/4 | €483,194 | €470,863 | -€12,332 | -2.6% |
| Advances received on contracts in progress | 46 | €381,303 | €56,670 | -€324,633 | -85.1% |
| Taxes, remuneration and social security | 45 | €1,798 | €91,608 | +€89,810 | +4994.4% |
| Taxes | 450/3 | €1,798 | €91,608 | +€89,810 | +4994.4% |
| Other amounts payable | 47/48 | €769 | €776,717 | +€775,948 | +100903.5% |
| Other operating charges | 640/8 | €889 | €1,915 | +€1,025 | +115.3% |
| Gross operating margin | 9900 | €7,729 | -€30,940 | -€38,669 | |
| Operating profit (loss) | 9901 | €6,839 | -€32,855 | -€39,694 | |
| Financial income | 75/76B | €0 | €3,965 | +€3,965 | |
| Recurring financial income | 75 | €0 | €3,965 | +€3,965 | |
| Financial charges | 65/66B | €11,335 | €41,577 | +€30,242 | +266.8% |
| Recurring financial charges | 65 | €11,335 | €41,577 | +€30,242 | +266.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,496 | -€70,467 | -€65,971 | -1467.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,496 | -€70,467 | -€65,971 | -1467.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,496 | -€70,467 | -€65,971 | -1467.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.