BRG: 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.
BRG
Largest movements
- Tangible fixed assets -€2,094
down €2,094 (-33.3%), from €6,297 to €4,203
of which Plant, machinery and equipment: -€1,340
- Receivables within one year +€928
up €928 (+25.6%), from €3,630 to €4,558
of which Trade receivables: +€847
- Trade debts +€2,981
up €2,981 (+68.8%), from €4,333 to €7,314
- Tax, wage and social debts -€2,096
no longer reported in 2025 (was €2,096)
- Profit (loss) carried forward -€1,889
down €1,889 (-13.2%), from -€14,310 to -€16,200
- Gross operating margin -€937
down €937 (-54.1%), from €1,731 to €794
- Other operating charges +€271
up €271 (+98.6%), from €275 to €545
- Depreciation +€175
up €175 (+9.1%), from €1,918 to €2,094
- Financial income -€65
no longer reported in 2025 (was €65)
- Financial charges -€31
down €31 (-41.3%), from €74 to €44
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,685 | €32,681 | -€1,005 | -3.0% |
| Fixed assets | 21/28 | €6,297 | €4,203 | -€2,094 | -33.3% |
| Tangible fixed assets | 22/27 | €6,297 | €4,203 | -€2,094 | -33.3% |
| Plant, machinery and equipment | 23 | €4,258 | €2,918 | -€1,340 | -31.5% |
| Furniture and vehicles | 24 | €2,039 | €1,285 | -€754 | -37.0% |
| Current assets | 29/58 | €27,388 | €28,478 | +€1,089 | +4.0% |
| Stocks and contracts in progress | 3 | €22,998 | €22,998 | = | 0.0% |
| Stocks | 30/36 | €22,998 | €22,998 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,630 | €4,558 | +€928 | +25.6% |
| Trade receivables | 40 | €3,630 | €4,477 | +€847 | +23.3% |
| Other amounts receivable | 41 | - | €81 | +€81 | |
| Current investments | 50/53 | €760 | €922 | +€162 | +21.2% |
| Total equity and liabilities | 10/49 | €33,685 | €32,681 | -€1,005 | -3.0% |
| Equity | 10/15 | -€4,310 | -€6,200 | -€1,889 | -43.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,310 | -€16,200 | -€1,889 | -13.2% |
| Amounts payable | 17/49 | €37,996 | €38,880 | +€885 | +2.3% |
| Amounts payable within one year | 42/48 | €37,996 | €38,880 | +€885 | +2.3% |
| Trade debts | 44 | €4,333 | €7,314 | +€2,981 | +68.8% |
| Suppliers | 440/4 | €4,333 | €7,314 | +€2,981 | +68.8% |
| Taxes, remuneration and social security | 45 | €2,096 | - | -€2,096 | |
| Taxes | 450/3 | €2,096 | - | -€2,096 | |
| Other amounts payable | 47/48 | €31,566 | €31,566 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,918 | €2,094 | +€175 | +9.1% |
| Other operating charges | 640/8 | €275 | €545 | +€271 | +98.6% |
| Gross operating margin | 9900 | €1,731 | €794 | -€937 | -54.1% |
| Operating profit (loss) | 9901 | -€462 | -€1,846 | -€1,383 | -299.2% |
| Financial income | 75/76B | €65 | - | -€65 | |
| Recurring financial income | 75 | €65 | - | -€65 | |
| Financial charges | 65/66B | €74 | €44 | -€31 | -41.3% |
| Recurring financial charges | 65 | €74 | €44 | -€31 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | -€472 | -€1,889 | -€1,417 | -300.4% |
| Profit (loss) for the period | 9904 | -€472 | -€1,889 | -€1,417 | -300.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€472 | -€1,889 | -€1,417 | -300.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.