BR Organization: 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 Organization
Largest movements
- Receivables within one year +€239,132
up €239,132 (+23.2%), from €1.0m to €1.3m
- Other debts +€533,301
up €533,301 (+22.1%), from €2.4m to €2.9m
- Debts after one year -€420,000
down €420,000 (-12.3%), from €3.4m to €3.0m
- Profit (loss) carried forward +€125,192
up €125,192 (+14.0%), from -€893,722 to -€768,530
- Financial charges -€114,899
down €114,899 (-30.1%), from €381,270 to €266,371
- Gross operating margin +€112,578
up €112,578 (+48.3%), from €232,959 to €345,538
- Financial income -€90,580
down €90,580 (-66.3%), from €136,605 to €46,025
of which Non-recurring financial income: -€88,749
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 | €5,329,096 | €5,568,767 | +€239,670 | +4.5% |
| Fixed assets | 21/28 | €4,298,542 | €4,298,542 | = | 0.0% |
| Intangible fixed assets | 21 | €815,571 | €815,571 | = | 0.0% |
| Financial fixed assets | 28 | €3,482,971 | €3,482,971 | = | 0.0% |
| Current assets | 29/58 | €1,030,554 | €1,270,225 | +€239,670 | +23.3% |
| Amounts receivable within one year | 40/41 | €1,029,722 | €1,268,854 | +€239,132 | +23.2% |
| Other amounts receivable | 41 | €1,029,722 | €1,268,854 | +€239,132 | +23.2% |
| Cash at bank and in hand | 54/58 | €832 | €1,370 | +€538 | +64.7% |
| Total equity and liabilities | 10/49 | €5,329,096 | €5,568,767 | +€239,670 | +4.5% |
| Equity | 10/15 | -€508,722 | -€383,530 | +€125,192 | +24.6% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€893,722 | -€768,530 | +€125,192 | +14.0% |
| Amounts payable | 17/49 | €5,837,818 | €5,952,296 | +€114,478 | +2.0% |
| Amounts payable after more than one year | 17 | €3,420,000 | €3,000,000 | -€420,000 | -12.3% |
| Financial debts | 170/4 | €3,420,000 | €3,000,000 | -€420,000 | -12.3% |
| Amounts payable within one year | 42/48 | €2,417,818 | €2,952,296 | +€534,478 | +22.1% |
| Trade debts | 44 | - | €52 | +€52 | |
| Suppliers | 440/4 | - | €52 | +€52 | |
| Taxes, remuneration and social security | 45 | €1,875 | €3,000 | +€1,125 | +60.0% |
| Taxes | 450/3 | €1,875 | €3,000 | +€1,125 | +60.0% |
| Other amounts payable | 47/48 | €2,415,943 | €2,949,244 | +€533,301 | +22.1% |
| Gross operating margin | 9900 | €232,959 | €345,538 | +€112,578 | +48.3% |
| Operating profit (loss) | 9901 | €232,959 | €345,538 | +€112,578 | +48.3% |
| Financial income | 75/76B | €136,605 | €46,025 | -€90,580 | -66.3% |
| Recurring financial income | 75 | €47,857 | €46,025 | -€1,832 | -3.8% |
| Non-recurring financial income | 76B | €88,749 | - | -€88,749 | |
| Financial charges | 65/66B | €381,270 | €266,371 | -€114,899 | -30.1% |
| Recurring financial charges | 65 | €381,270 | €266,371 | -€114,899 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,705 | €125,192 | +€136,897 | |
| Profit (loss) for the period | 9904 | -€11,705 | €125,192 | +€136,897 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,705 | €125,192 | +€136,897 |
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 20 October 2026 via checked.be.