BR&C Properties: 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 Properties
Largest movements
- Tangible fixed assets +€562,292
up €562,292 (+55.3%), from €1.0m to €1.6m
of which Land and buildings: +€586,637
- Receivables within one year +€30,080
up €30,080, from €0 to €30,080
- Debts after one year +€472,521
up €472,521 (+70.3%), from €671,751 to €1.1m
- Contributions +€310,000
up €310,000 (+155.0%), from €200,000 to €510,000
- Other debts -€211,748
down €211,748 (-91.8%), from €230,625 to €18,877
- Current portion of long-term debt +€31,508
up €31,508 (+56.7%), from €55,593 to €87,102
- Profit (loss) carried forward -€16,511
down €16,511 (-12.1%), from -€136,927 to -€153,438
- Gross operating margin +€22,451
up €22,451 (+31.4%), from €71,408 to €93,859
- Financial charges +€12,047
up €12,047 (+29.4%), from €41,028 to €53,075
- Depreciation +€5,734
up €5,734 (+12.2%), from €47,128 to €52,862
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.
Cash bridge derived
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 | €1,024,964 | €1,612,428 | +€587,464 | +57.3% |
| Fixed assets | 21/28 | €1,016,871 | €1,579,163 | +€562,292 | +55.3% |
| Tangible fixed assets | 22/27 | €1,016,871 | €1,579,163 | +€562,292 | +55.3% |
| Land and buildings | 22 | €828,693 | €1,415,330 | +€586,637 | +70.8% |
| Plant, machinery and equipment | 23 | €9,966 | €9,438 | -€528 | -5.3% |
| Furniture and vehicles | 24 | €178,213 | €154,395 | -€23,818 | -13.4% |
| Current assets | 29/58 | €8,093 | €33,265 | +€25,172 | +311.1% |
| Amounts receivable within one year | 40/41 | €0 | €30,080 | +€30,080 | |
| Trade receivables | 40 | €0 | €30,080 | +€30,080 | |
| Cash at bank and in hand | 54/58 | €6,722 | €1,736 | -€4,986 | -74.2% |
| Deferred charges and accrued income | 490/1 | €1,371 | €1,449 | +€78 | +5.7% |
| Total equity and liabilities | 10/49 | €1,024,964 | €1,612,428 | +€587,464 | +57.3% |
| Equity | 10/15 | €63,073 | €356,562 | +€293,489 | +465.3% |
| Contributions | 10/11 | €200,000 | €510,000 | +€310,000 | +155.0% |
| Profit (loss) carried forward | 14 | -€136,927 | -€153,438 | -€16,511 | -12.1% |
| Amounts payable | 17/49 | €961,891 | €1,255,866 | +€293,975 | +30.6% |
| Amounts payable after more than one year | 17 | €671,751 | €1,144,272 | +€472,521 | +70.3% |
| Financial debts | 170/4 | €671,751 | €1,144,272 | +€472,521 | +70.3% |
| Amounts payable within one year | 42/48 | €290,140 | €111,594 | -€178,546 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €55,593 | €87,102 | +€31,508 | +56.7% |
| Trade debts | 44 | €3,917 | €3,567 | -€349 | -8.9% |
| Suppliers | 440/4 | €3,917 | €3,567 | -€349 | -8.9% |
| Taxes, remuneration and social security | 45 | €5 | €2,048 | +€2,042 | +40525.0% |
| Taxes | 450/3 | €5 | €2,048 | +€2,042 | +40525.0% |
| Other amounts payable | 47/48 | €230,625 | €18,877 | -€211,748 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,128 | €52,862 | +€5,734 | +12.2% |
| Other operating charges | 640/8 | €3,565 | €4,433 | +€867 | +24.3% |
| Gross operating margin | 9900 | €71,408 | €93,859 | +€22,451 | +31.4% |
| Operating profit (loss) | 9901 | €20,714 | €36,564 | +€15,850 | +76.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €41,028 | €53,075 | +€12,047 | +29.4% |
| Recurring financial charges | 65 | €41,028 | €53,075 | +€12,047 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,314 | -€16,511 | +€3,803 | +18.7% |
| Profit (loss) for the period | 9904 | -€20,314 | -€16,511 | +€3,803 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,314 | -€16,511 | +€3,803 | +18.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.