BR&C Development: 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 Development
Largest movements
- Receivables within one year +€2.3m
up €2.3m (+77855.3%), from €2,902 to €2.3m
of which Other amounts receivable: +€1.8m
- Cash +€681,535
up €681,535 (+248.7%), from €274,028 to €955,563
mainly Other debts (+€2.1m) and Net result for the year (+€1.6m)
- Stocks and contracts -€299,387
down €299,387 (-12.6%), from €2.4m to €2.1m
- Other debts +€2.1m
up €2.1m, from €0 to €2.1m
- Short-term financial debts +€600,000
up €600,000 (+30.0%), from €2.0m to €2.6m
- Trade debts -€466,547
down €466,547 (-78.5%), from €594,209 to €127,662
- Advances received +€355,081
up €355,081, from €0 to €355,081
- Profit (loss) carried forward +€53,969
up €53,969, from -€50,114 to €3,856
- Financial income +€1.3m
up €1.3m (+172643.9%), from €726 to €1.3m
- Gross operating margin +€557,016
up €557,016 (+91629.6%), from €608 to €557,624
- Financial charges +€117,590
up €117,590 (+489.1%), from €24,042 to €141,631
- Taxes +€104,619
new in 2024: €104,619
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 | €2,747,026 | €5,388,536 | +€2.6m | +96.2% |
| Fixed assets | 21/28 | €85,000 | €85,000 | = | 0.0% |
| Financial fixed assets | 28 | €85,000 | €85,000 | = | 0.0% |
| Current assets | 29/58 | €2,662,026 | €5,303,536 | +€2.6m | +99.2% |
| Stocks and contracts in progress | 3 | €2,385,096 | €2,085,709 | -€299,387 | -12.6% |
| Stocks | 30/36 | €2,385,096 | €2,085,709 | -€299,387 | -12.6% |
| Amounts receivable within one year | 40/41 | €2,902 | €2,262,264 | +€2.3m | +77855.3% |
| Trade receivables | 40 | €2,902 | €425,302 | +€422,400 | +14555.5% |
| Other amounts receivable | 41 | €0 | €1,836,963 | +€1.8m | |
| Cash at bank and in hand | 54/58 | €274,028 | €955,563 | +€681,535 | +248.7% |
| Total equity and liabilities | 10/49 | €2,747,026 | €5,388,536 | +€2.6m | +96.2% |
| Equity | 10/15 | €49,886 | €113,856 | +€63,969 | +128.2% |
| 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 | - | €10,000 | +€10,000 | |
| Non-distributable reserves | 130/1 | - | €10,000 | +€10,000 | |
| Legal reserve | 130 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€50,114 | €3,856 | +€53,969 | |
| Amounts payable | 17/49 | €2,697,140 | €5,274,681 | +€2.6m | +95.6% |
| Amounts payable within one year | 42/48 | €2,678,003 | €5,270,163 | +€2.6m | +96.8% |
| Financial debts | 43 | €2,000,000 | €2,600,000 | +€600,000 | +30.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,600,000 | +€600,000 | +30.0% |
| Trade debts | 44 | €594,209 | €127,662 | -€466,547 | -78.5% |
| Suppliers | 440/4 | €594,209 | €127,662 | -€466,547 | -78.5% |
| Advances received on contracts in progress | 46 | €0 | €355,081 | +€355,081 | |
| Taxes, remuneration and social security | 45 | €83,794 | €122,334 | +€38,540 | +46.0% |
| Taxes | 450/3 | €83,794 | €122,334 | +€38,540 | +46.0% |
| Other amounts payable | 47/48 | €0 | €2,065,086 | +€2.1m | |
| Accrued charges and deferred income | 492/3 | €19,137 | €4,517 | -€14,620 | -76.4% |
| Other operating charges | 640/8 | €549 | €1,094 | +€544 | +99.0% |
| Gross operating margin | 9900 | €608 | €557,624 | +€557,016 | +91629.6% |
| Operating profit (loss) | 9901 | €58 | €556,531 | +€556,472 | +951885.3% |
| Financial income | 75/76B | €726 | €1,253,689 | +€1.3m | +172643.9% |
| Recurring financial income | 75 | €726 | €1,253,689 | +€1.3m | +172643.9% |
| Financial charges | 65/66B | €24,042 | €141,631 | +€117,590 | +489.1% |
| Recurring financial charges | 65 | €24,042 | €141,631 | +€117,590 | +489.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,257 | €1,668,588 | +€1.7m | |
| Income taxes | 67/77 | - | €104,619 | +€104,619 | |
| Profit (loss) for the period | 9904 | -€23,257 | €1,563,969 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,257 | €1,563,969 | +€1.6m |
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 1 October 2026 via checked.be.