BRFinance: 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.
BRFinance
Largest movements
- Tangible fixed assets -€8,513
down €8,513 (-47.7%), from €17,839 to €9,326
of which Furniture and vehicles: -€8,323
- Receivables within one year -€6,087
down €6,087 (-15.6%), from €39,044 to €32,956
of which Trade receivables: -€5,087
- Cash -€2,164
down €2,164 (-25.9%), from €8,350 to €6,186
mainly Net result for the year (-€18,233) and Deferred charges and accrued income (-€137)
- Reserves -€18,233
down €18,233 (-72.5%), from €25,152 to €6,919
- Trade debts +€728
up €728 (+23.5%), from €3,093 to €3,820
- Gross operating margin -€17,242
down €17,242, from €9,126 to -€8,115
- Depreciation -€222
down €222 (-2.5%), from €8,736 to €8,513
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 | €65,595 | €48,967 | -€16,628 | -25.3% |
| Fixed assets | 21/28 | €17,839 | €9,326 | -€8,513 | -47.7% |
| Tangible fixed assets | 22/27 | €17,839 | €9,326 | -€8,513 | -47.7% |
| Plant, machinery and equipment | 23 | €339 | €149 | -€190 | -56.1% |
| Furniture and vehicles | 24 | €17,500 | €9,177 | -€8,323 | -47.6% |
| Current assets | 29/58 | €47,756 | €39,641 | -€8,115 | -17.0% |
| Amounts receivable within one year | 40/41 | €39,044 | €32,956 | -€6,087 | -15.6% |
| Trade receivables | 40 | €9,417 | €4,329 | -€5,087 | -54.0% |
| Other amounts receivable | 41 | €29,627 | €28,627 | -€1,000 | -3.4% |
| Cash at bank and in hand | 54/58 | €8,350 | €6,186 | -€2,164 | -25.9% |
| Deferred charges and accrued income | 490/1 | €362 | €499 | +€137 | +37.8% |
| Total equity and liabilities | 10/49 | €65,595 | €48,967 | -€16,628 | -25.3% |
| Equity | 10/15 | €43,744 | €25,511 | -€18,233 | -41.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €25,152 | €6,919 | -€18,233 | -72.5% |
| Distributable reserves | 133 | €25,152 | €6,919 | -€18,233 | -72.5% |
| Amounts payable | 17/49 | €21,850 | €23,456 | +€1,605 | +7.3% |
| Amounts payable within one year | 42/48 | €21,850 | €23,456 | +€1,605 | +7.3% |
| Financial debts | 43 | €477 | €715 | +€239 | +50.0% |
| Credit institutions | 430/8 | €477 | €715 | +€239 | +50.0% |
| Trade debts | 44 | €3,093 | €3,820 | +€728 | +23.5% |
| Suppliers | 440/4 | €3,093 | €3,820 | +€728 | +23.5% |
| Taxes, remuneration and social security | 45 | €192 | €196 | +€4 | +1.8% |
| Taxes | 450/3 | €192 | €196 | +€4 | +1.8% |
| Other amounts payable | 47/48 | €18,088 | €18,724 | +€635 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,736 | €8,513 | -€222 | -2.5% |
| Other operating charges | 640/8 | €764 | €778 | +€14 | +1.8% |
| Gross operating margin | 9900 | €9,126 | -€8,115 | -€17,242 | |
| Operating profit (loss) | 9901 | -€374 | -€17,406 | -€17,033 | -4558.9% |
| Financial income | 75/76B | €8 | €6 | -€3 | -33.0% |
| Recurring financial income | 75 | €8 | €6 | -€3 | -33.0% |
| Financial charges | 65/66B | €647 | €636 | -€10 | -1.6% |
| Recurring financial charges | 65 | €647 | €636 | -€10 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,012 | -€18,037 | -€17,025 | -1682.5% |
| Income taxes | 67/77 | €192 | €196 | +€4 | +1.8% |
| Profit (loss) for the period | 9904 | -€1,204 | -€18,233 | -€17,029 | -1414.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,204 | -€18,233 | -€17,029 | -1414.0% |
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 28 September 2026 via checked.be.