BRC Invest: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
BRC Invest
Largest movements
- Cash +€10,382
up €10,382 (+67.0%), from €15,503 to €25,885
mainly Net result for the year (+€14,731) and Deferred charges and accrued income (+€3,381)
- Deferred charges and accrued income -€3,381
down €3,381 (-62.8%), from €5,383 to €2,002
- Receivables within one year +€889
up €889 (+6.6%), from €13,419 to €14,308
of which Trade receivables: +€465
- Reserves +€14,660
new in 2025: €14,660
- Other debts -€9,465
down €9,465 (-31.9%), from €29,668 to €20,203
- Tax, wage and social debts +€1,478
up €1,478 (+387%), from €382 to €1,859
- Trade debts +€796
up €796 (+24.7%), from €3,219 to €4,015
- Gross operating margin +€22,524
up €22,524 (+373%), from €6,033 to €28,557
- Taxes +€7,227
up €7,227 (+326%), from €2,215 to €9,442
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,276 | €45,737 | +€7,461 | +19.5% |
| Fixed assets | 21/28 | €3,971 | €3,542 | -€430 | -10.8% |
| Tangible fixed assets | 22/27 | €3,971 | €3,542 | -€430 | -10.8% |
| Plant, machinery and equipment | 23 | €3,971 | €3,542 | -€430 | -10.8% |
| Current assets | 29/58 | €34,305 | €42,195 | +€7,890 | +23.0% |
| Amounts receivable within one year | 40/41 | €13,419 | €14,308 | +€889 | +6.6% |
| Trade receivables | 40 | €13,000 | €13,465 | +€465 | +3.6% |
| Other amounts receivable | 41 | €419 | €842 | +€424 | +101% |
| Cash at bank and in hand | 54/58 | €15,503 | €25,885 | +€10,382 | +67.0% |
| Deferred charges and accrued income | 490/1 | €5,383 | €2,002 | -€3,381 | -62.8% |
| Total equity and liabilities | 10/49 | €38,276 | €45,737 | +€7,461 | +19.5% |
| Equity | 10/15 | €4,929 | €19,660 | +€14,731 | +299% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €14,660 | +€14,660 | |
| Distributable reserves | 133 | - | €14,660 | +€14,660 | |
| Profit (loss) carried forward | 14 | -€71 | €0 | +€71 | |
| Amounts payable | 17/49 | €33,347 | €26,077 | -€7,270 | -21.8% |
| Amounts payable within one year | 42/48 | €33,347 | €26,077 | -€7,270 | -21.8% |
| Financial debts | 43 | €79 | €0 | -€79 | -100% |
| Credit institutions | 430/8 | €79 | €0 | -€79 | -100% |
| Trade debts | 44 | €3,219 | €4,015 | +€796 | +24.7% |
| Suppliers | 440/4 | €3,219 | €4,015 | +€796 | +24.7% |
| Taxes, remuneration and social security | 45 | €382 | €1,859 | +€1,478 | +387% |
| Taxes | 450/3 | €382 | €1,859 | +€1,478 | +387% |
| Other amounts payable | 47/48 | €29,668 | €20,203 | -€9,465 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325 | €430 | +€105 | +32.2% |
| Other operating charges | 640/8 | €1,310 | €1,540 | +€229 | +17.5% |
| Gross operating margin | 9900 | €6,033 | €28,557 | +€22,524 | +373% |
| Operating profit (loss) | 9901 | €4,398 | €26,587 | +€22,189 | +505% |
| Financial income | 75/76B | €0 | €0 | +€0 | +700% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +700% |
| Financial charges | 65/66B | €2,254 | €2,414 | +€161 | +7.1% |
| Recurring financial charges | 65 | €2,254 | €2,414 | +€161 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €2,144 | €24,173 | +€22,029 | +1,027% |
| Income taxes | 67/77 | €2,215 | €9,442 | +€7,227 | +326% |
| Profit (loss) for the period | 9904 | -€71 | €14,731 | +€14,802 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71 | €14,731 | +€14,802 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.