BRESCO: 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.
BRESCO
Largest movements
- Cash +€141,096
up €141,096 (+472.4%), from €29,867 to €170,963
mainly Net result for the year (+€125,041) and Investment in fixed assets (net) (+€9,921)
- Tangible fixed assets -€14,362
down €14,362 (-22.1%), from €64,907 to €50,545
- Reserves +€100,000
up €100,000 (+85.5%), from €116,981 to €216,981
- Profit (loss) carried forward +€25,041
up €25,041 (+149.0%), from €16,810 to €41,851
- Gross operating margin +€153,521
up €153,521 (+284.1%), from €54,032 to €207,553
- Taxes +€54,004
up €54,004 (+456.8%), from €11,822 to €65,826
From the 2014 result to the 2015 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 2014 and 2015 balance sheets and the 2015 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €469,245 | €595,663 | +€126,418 | +26.9% |
| Fixed assets | 21/28 | €433,086 | €418,087 | -€14,999 | -3.5% |
| Tangible fixed assets | 22/27 | €64,907 | €50,545 | -€14,362 | -22.1% |
| Financial fixed assets | 28 | €368,179 | €367,542 | -€637 | -0.2% |
| Current assets | 29/58 | €36,159 | €177,576 | +€141,417 | +391.1% |
| Amounts receivable within one year | 40/41 | €6,292 | €6,613 | +€321 | +5.1% |
| Cash at bank and in hand | 54/58 | €29,867 | €170,963 | +€141,096 | +472.4% |
| Total equity and liabilities | 10/49 | €469,245 | €595,663 | +€126,418 | +26.9% |
| Equity | 10/15 | €303,598 | €428,639 | +€125,041 | +41.2% |
| Contributions | 10/11 | €169,807 | €169,807 | = | 0.0% |
| Reserves | 13 | €116,981 | €216,981 | +€100,000 | +85.5% |
| Profit (loss) carried forward | 14 | €16,810 | €41,851 | +€25,041 | +149.0% |
| Amounts payable | 17/49 | €165,647 | €167,024 | +€1,377 | +0.8% |
| Amounts payable after more than one year | 17 | €48,232 | €27,371 | -€20,861 | -43.3% |
| Amounts payable within one year | 42/48 | €106,090 | €136,771 | +€30,681 | +28.9% |
| Trade debts | 44 | €7,526 | €7,905 | +€379 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,588 | €5,078 | -€1,510 | -22.9% |
| Gross operating margin | 9900 | €54,032 | €207,553 | +€153,521 | +284.1% |
| Operating profit (loss) | 9901 | €40,443 | €195,453 | +€155,010 | +383.3% |
| Recurring financial income | 75 | €15 | €31 | +€16 | +106.7% |
| Recurring financial charges | 65 | €6,241 | €4,617 | -€1,624 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €34,217 | €190,867 | +€156,650 | +457.8% |
| Income taxes | 67/77 | €11,822 | €65,826 | +€54,004 | +456.8% |
| Profit (loss) for the period | 9904 | €22,395 | €125,041 | +€102,646 | +458.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,395 | €125,041 | +€102,646 | +458.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.