BR&C Holding: 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.
BR&C Holding
Largest movements
- Receivables within one year +€2.4m
up €2.4m (+290%), from €812,113 to €3.2m
- Financial fixed assets +€310,000
up €310,000 (+1.5%), from €20.1m to €20.4m
- Other debts +€3.4m
up €3.4m (+178%), from €1.9m to €5.3m
- Current portion of long-term debt -€436,603
down €436,603 (-100%), from €436,603 to €0
- Provisions -€259,029
down €259,029 (-36.1%), from €718,176 to €459,147
- Financial income +€2.2m
up €2.2m (+159%), from €1.4m to €3.5m
- Financial charges +€487,531
up €487,531 (+364%), from €134,096 to €621,627
- Provisions -€351,095
down €351,095, from €92,066 to -€259,029
- Gross operating margin -€1,598
down €1,598 (-33.3%), from -€4,804 to -€6,402
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 | €20,957,050 | €23,639,153 | +€2.7m | +12.8% |
| Fixed assets | 21/28 | €20,069,684 | €20,379,684 | +€310,000 | +1.5% |
| Financial fixed assets | 28 | €20,069,684 | €20,379,684 | +€310,000 | +1.5% |
| Current assets | 29/58 | €887,366 | €3,259,469 | +€2.4m | +267% |
| Amounts receivable after more than one year | 29 | €67,557 | €87,650 | +€20,093 | +29.7% |
| Other amounts receivable | 291 | €67,557 | €87,650 | +€20,093 | +29.7% |
| Amounts receivable within one year | 40/41 | €812,113 | €3,164,131 | +€2.4m | +290% |
| Other amounts receivable | 41 | €812,113 | €3,164,131 | +€2.4m | +290% |
| Cash at bank and in hand | 54/58 | €7,696 | €7,687 | -€8 | -0.1% |
| Total equity and liabilities | 10/49 | €20,957,050 | €23,639,153 | +€2.7m | +12.8% |
| Equity | 10/15 | €17,912,277 | €17,924,256 | +€11,979 | +0.1% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Reserves | 13 | €13,912,277 | €13,924,256 | +€11,979 | +0.1% |
| Non-distributable reserves | 130/1 | €400,000 | €400,000 | = | 0.0% |
| Legal reserve | 130 | €400,000 | €400,000 | = | 0.0% |
| Distributable reserves | 133 | €13,512,277 | €13,524,256 | +€11,979 | +0.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €718,176 | €459,147 | -€259,029 | -36.1% |
| Provisions for liabilities and charges | 160/5 | €718,176 | €459,147 | -€259,029 | -36.1% |
| Other liabilities and charges | 164/5 | €718,176 | €459,147 | -€259,029 | -36.1% |
| Amounts payable | 17/49 | €2,326,597 | €5,255,750 | +€2.9m | +126% |
| Amounts payable within one year | 42/48 | €2,326,597 | €5,255,750 | +€2.9m | +126% |
| Current portion of amounts payable after more than one year | 42 | €436,603 | €0 | -€436,603 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | €998 | +€998 | |
| Suppliers | 440/4 | €0 | €998 | +€998 | |
| Other amounts payable | 47/48 | €1,889,994 | €5,254,751 | +€3.4m | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €92,066 | -€259,029 | -€351,095 | |
| Other operating charges | 640/8 | €1,378 | €1,368 | -€10 | -0.7% |
| Gross operating margin | 9900 | -€4,804 | -€6,402 | -€1,598 | -33.3% |
| Operating profit (loss) | 9901 | -€98,248 | €251,259 | +€349,507 | |
| Financial income | 75/76B | €1,363,313 | €3,532,347 | +€2.2m | +159% |
| Recurring financial income | 75 | €1,363,313 | €3,532,347 | +€2.2m | +159% |
| Financial charges | 65/66B | €134,096 | €621,627 | +€487,531 | +364% |
| Recurring financial charges | 65 | €134,096 | €621,627 | +€487,531 | +364% |
| Profit (loss) for the period before taxes | 9903 | €1,130,969 | €3,161,979 | +€2.0m | +180% |
| Profit (loss) for the period | 9904 | €1,130,969 | €3,161,979 | +€2.0m | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €1,130,969 | €3,161,979 | +€2.0m | +180% |
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.