Brenver Brenning Roger: what changed
What changed
Brenver Brenning Roger
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
€32,676
2024 · €28,920+€3,756
Equity
€401,697
2024 · €370,687+€31,010
Cash
€443,055
2024 · €414,455+€28,600
Balance sheet total
€453,550
2024 · €423,122+€30,428
Largest movements
Assets
- Cash +€28,600
up €28,600 (+6.9%), from €414,455 to €443,055
mainly Net result for the year (+€32,676) and Depreciation (+€3,187)
- Receivables within one year +€5,016
up €5,016 (+256%), from €1,960 to €6,976
of which Trade receivables: +€4,976
Equity and liabilities
- Reserves +€31,010
up €31,010 (+14.3%), from €217,087 to €248,097
of which Distributable reserves: +€29,459
Income statement
- Gross operating margin +€9,032
up €9,032 (+22.1%), from €40,786 to €49,818
- Financial income -€5,995
down €5,995 (-44.8%), from €13,375 to €7,380
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.
Result 2024
€28,920
Gross operating margin
+€9,032
Depreciation
+€466
Other operating charges
+€24
Financial income
-€5,995
Financial charges
+€404
Taxes
-€175
Result 2025
€32,676
raises the resultlowers the result
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.
From operations
+€30,265
Investment
+€1
Financing
-€1,666
Cash 2024
€414,455
From operations (derived)
+€30,265
Net result for the year
+€32,676
Depreciation
+€3,187
Receivables within one year
-€5,016
Trade debts
-€538
Smaller working-capital items
-€44
Investment (derived)
+€1
Investment in fixed assets (net)
+€1
Financing
-€1,666
Contributions, distributions and other
-€1,666
Cash 2025
€443,055
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,122 | €453,550 | +€30,428 | +7.2% |
| Fixed assets | 21/28 | €6,707 | €3,519 | -€3,188 | -47.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €6,707 | €3,519 | -€3,188 | -47.5% |
| Furniture and vehicles | 24 | €6,669 | €3,519 | -€3,150 | -47.2% |
| Other tangible fixed assets | 26 | €38 | - | -€38 | |
| Current assets | 29/58 | €416,415 | €450,031 | +€33,616 | +8.1% |
| Amounts receivable within one year | 40/41 | €1,960 | €6,976 | +€5,016 | +256% |
| Trade receivables | 40 | €1,950 | €6,926 | +€4,976 | +255% |
| Other amounts receivable | 41 | €10 | €50 | +€40 | +400% |
| Cash at bank and in hand | 54/58 | €414,455 | €443,055 | +€28,600 | +6.9% |
| Total equity and liabilities | 10/49 | €423,122 | €453,550 | +€30,428 | +7.2% |
| Equity | 10/15 | €370,687 | €401,697 | +€31,010 | +8.4% |
| Contributions | 10/11 | €153,600 | €153,600 | = | 0.0% |
| Reserves | 13 | €217,087 | €248,097 | +€31,010 | +14.3% |
| Non-distributable reserves | 130/1 | €11,968 | €13,519 | +€1,551 | +13.0% |
| Reserves not available under the articles | 1311 | €11,968 | €13,519 | +€1,551 | +13.0% |
| Distributable reserves | 133 | €205,119 | €234,578 | +€29,459 | +14.4% |
| Amounts payable | 17/49 | €52,435 | €51,853 | -€582 | -1.1% |
| Amounts payable within one year | 42/48 | €52,435 | €51,853 | -€582 | -1.1% |
| Trade debts | 44 | €717 | €179 | -€538 | -75.0% |
| Suppliers | 440/4 | €717 | €179 | -€538 | -75.0% |
| Taxes, remuneration and social security | 45 | - | €8 | +€8 | |
| Taxes | 450/3 | - | €8 | +€8 | |
| Other amounts payable | 47/48 | €51,718 | €51,666 | -€52 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,653 | €3,187 | -€466 | -12.8% |
| Other operating charges | 640/8 | €2,370 | €2,346 | -€24 | -1.0% |
| Gross operating margin | 9900 | €40,786 | €49,818 | +€9,032 | +22.1% |
| Operating profit (loss) | 9901 | €34,763 | €44,285 | +€9,522 | +27.4% |
| Financial income | 75/76B | €13,375 | €7,380 | -€5,995 | -44.8% |
| Recurring financial income | 75 | €13,375 | €7,380 | -€5,995 | -44.8% |
| Financial charges | 65/66B | €4,206 | €3,802 | -€404 | -9.6% |
| Recurring financial charges | 65 | €4,206 | €3,802 | -€404 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €43,932 | €47,863 | +€3,931 | +8.9% |
| Income taxes | 67/77 | €15,012 | €15,187 | +€175 | +1.2% |
| Profit (loss) for the period | 9904 | €28,920 | €32,676 | +€3,756 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,920 | €32,676 | +€3,756 | +13.0% |
Next steps
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Calculation and sources
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 5 November 2026 via checked.be.