Br²S: 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.
Br²S
Largest movements
- Cash -€75,788
down €75,788 (-81.9%), from €92,548 to €16,760
mainly Contributions, distributions and other (-€110,000) and Debts after one year (-€58,377)
- Receivables within one year -€11,309
down €11,309 (-28.0%), from €40,349 to €29,040
of which Other amounts receivable: -€10,000
- Debts after one year -€58,377
down €58,377 (-32.2%), from €181,252 to €122,876
- Profit (loss) carried forward -€44,513
down €44,513 (-27.4%), from €162,695 to €118,182
- Other debts +€39,100
up €39,100 (+16.1%), from €242,178 to €281,278
- Tax, wage and social debts -€14,526
down €14,526 (-60.3%), from €24,107 to €9,582
of which Remuneration and social security: -€15,000
- Accrued charges and deferred income -€10,568
down €10,568 (-88.1%), from €12,000 to €1,432
- Taxes +€29,568
up €29,568 (+197%), from €15,000 to €44,568
- Gross operating margin -€24,173
down €24,173 (-17.1%), from €141,427 to €117,255
- Staff costs -€1,828
down €1,828 (-81.5%), from €2,244 to €416
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 | €699,701 | €612,604 | -€87,096 | -12.4% |
| Fixed assets | 21/28 | €566,804 | €566,804 | = | 0.0% |
| Financial fixed assets | 28 | €566,804 | €566,804 | = | 0.0% |
| Current assets | 29/58 | €132,897 | €45,800 | -€87,096 | -65.5% |
| Amounts receivable within one year | 40/41 | €40,349 | €29,040 | -€11,309 | -28.0% |
| Trade receivables | 40 | €30,349 | €29,040 | -€1,309 | -4.3% |
| Other amounts receivable | 41 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €92,548 | €16,760 | -€75,788 | -81.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €699,701 | €612,604 | -€87,096 | -12.4% |
| Equity | 10/15 | €182,695 | €138,182 | -€44,513 | -24.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,695 | €118,182 | -€44,513 | -27.4% |
| Amounts payable | 17/49 | €517,006 | €474,422 | -€42,584 | -8.2% |
| Amounts payable after more than one year | 17 | €181,252 | €122,876 | -€58,377 | -32.2% |
| Financial debts | 170/4 | €181,252 | €122,876 | -€58,377 | -32.2% |
| Amounts payable within one year | 42/48 | €323,753 | €350,114 | +€26,361 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €56,464 | €58,190 | +€1,727 | +3.1% |
| Trade debts | 44 | €1,005 | €1,065 | +€60 | +6.0% |
| Suppliers | 440/4 | €1,005 | €1,065 | +€60 | +6.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €24,107 | €9,582 | -€14,526 | -60.3% |
| Taxes | 450/3 | €9,107 | €9,582 | +€474 | +5.2% |
| Remuneration and social security | 454/9 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts payable | 47/48 | €242,178 | €281,278 | +€39,100 | +16.1% |
| Accrued charges and deferred income | 492/3 | €12,000 | €1,432 | -€10,568 | -88.1% |
| Remuneration, social security and pensions | 62 | €2,244 | €416 | -€1,828 | -81.5% |
| Other operating charges | 640/8 | €392 | €400 | +€8 | +2.1% |
| Gross operating margin | 9900 | €141,427 | €117,255 | -€24,173 | -17.1% |
| Operating profit (loss) | 9901 | €138,792 | €116,439 | -€22,353 | -16.1% |
| Financial income | 75/76B | - | €111 | +€111 | |
| Recurring financial income | 75 | - | €111 | +€111 | |
| Financial charges | 65/66B | €7,457 | €6,495 | -€962 | -12.9% |
| Recurring financial charges | 65 | €7,457 | €6,495 | -€962 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €131,335 | €110,055 | -€21,280 | -16.2% |
| Income taxes | 67/77 | €15,000 | €44,568 | +€29,568 | +197% |
| Profit (loss) for the period | 9904 | €116,335 | €65,487 | -€50,848 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €116,335 | €65,487 | -€50,848 | -43.7% |
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 15 October 2026 via checked.be.