BReine: 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.
BReine
Largest movements
- Tangible fixed assets +€184,788
up €184,788 (+21.4%), from €862,382 to €1.0m
of which Land and buildings: +€174,389
- Cash -€96,539
down €96,539 (-73.9%), from €130,625 to €34,086
mainly Investment in fixed assets (net) (-€218,539) and Contributions, distributions and other (-€38,550)
- Receivables within one year -€35,760
down €35,760 (-41.2%), from €86,770 to €51,010
of which Trade receivables: -€35,760
- Reserves +€97,600
up €97,600 (+22.4%), from €435,200 to €532,800
of which Distributable reserves: +€97,600
- Tax, wage and social debts -€33,051
down €33,051 (-61.9%), from €53,380 to €20,329
of which Taxes: -€30,437
- Trade debts -€29,466
down €29,466 (-56.6%), from €52,081 to €22,615
- Other debts +€29,377
up €29,377 (+19.3%), from €152,517 to €181,895
- Debts after one year -€23,697
down €23,697 (-14.2%), from €166,394 to €142,697
- Gross operating margin -€118,628
down €118,628 (-32.0%), from €370,322 to €251,694
- Depreciation -€38,991
down €38,991 (-53.6%), from €72,741 to €33,750
- Taxes -€27,146
down €27,146 (-32.5%), from €83,441 to €56,295
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 | €1,079,807 | €1,132,297 | +€52,490 | +4.9% |
| Fixed assets | 21/28 | €862,412 | €1,047,201 | +€184,788 | +21.4% |
| Tangible fixed assets | 22/27 | €862,382 | €1,047,171 | +€184,788 | +21.4% |
| Land and buildings | 22 | €850,909 | €1,025,298 | +€174,389 | +20.5% |
| Plant, machinery and equipment | 23 | €2,625 | €15,527 | +€12,902 | +491.4% |
| Furniture and vehicles | 24 | €8,848 | €6,346 | -€2,502 | -28.3% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €217,394 | €85,096 | -€132,298 | -60.9% |
| Amounts receivable within one year | 40/41 | €86,770 | €51,010 | -€35,760 | -41.2% |
| Trade receivables | 40 | €85,346 | €49,587 | -€35,760 | -41.9% |
| Other amounts receivable | 41 | €1,423 | €1,423 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €130,625 | €34,086 | -€96,539 | -73.9% |
| Total equity and liabilities | 10/49 | €1,079,807 | €1,132,297 | +€52,490 | +4.9% |
| Equity | 10/15 | €618,277 | €715,925 | +€97,648 | +15.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €116,668 | €116,668 | = | 0.0% |
| Reserves | 13 | €435,200 | €532,800 | +€97,600 | +22.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €429,000 | €526,600 | +€97,600 | +22.8% |
| Profit (loss) carried forward | 14 | €4,409 | €4,457 | +€48 | +1.1% |
| Amounts payable | 17/49 | €461,530 | €416,372 | -€45,158 | -9.8% |
| Amounts payable after more than one year | 17 | €166,394 | €142,697 | -€23,697 | -14.2% |
| Financial debts | 170/4 | €166,394 | €142,697 | -€23,697 | -14.2% |
| Amounts payable within one year | 42/48 | €295,136 | €273,675 | -€21,461 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €37,158 | €33,836 | -€3,321 | -8.9% |
| Financial debts | 43 | - | €15,000 | +€15,000 | |
| Credit institutions | 430/8 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €52,081 | €22,615 | -€29,466 | -56.6% |
| Suppliers | 440/4 | €52,081 | €22,615 | -€29,466 | -56.6% |
| Taxes, remuneration and social security | 45 | €53,380 | €20,329 | -€33,051 | -61.9% |
| Taxes | 450/3 | €50,765 | €20,329 | -€30,437 | -60.0% |
| Remuneration and social security | 454/9 | €2,614 | - | -€2,614 | |
| Other amounts payable | 47/48 | €152,517 | €181,895 | +€29,377 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,741 | €33,750 | -€38,991 | -53.6% |
| Other operating charges | 640/8 | €23,166 | €22,241 | -€925 | -4.0% |
| Gross operating margin | 9900 | €370,322 | €251,694 | -€118,628 | -32.0% |
| Operating profit (loss) | 9901 | €274,414 | €195,703 | -€78,711 | -28.7% |
| Financial income | 75/76B | €604 | €5 | -€599 | -99.2% |
| Recurring financial income | 75 | €604 | €5 | -€599 | -99.2% |
| Financial charges | 65/66B | €3,725 | €3,215 | -€510 | -13.7% |
| Recurring financial charges | 65 | €3,725 | €3,215 | -€510 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €271,294 | €192,493 | -€78,801 | -29.0% |
| Income taxes | 67/77 | €83,441 | €56,295 | -€27,146 | -32.5% |
| Profit (loss) for the period | 9904 | €187,853 | €136,198 | -€51,655 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €187,853 | €136,198 | -€51,655 | -27.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.