BRG RENOV: what changed
BRG RENOV
Largest movements
- Receivables within one year +€31,964
up €31,964 (+51.1%), from €62,573 to €94,537
of which Trade receivables: +€28,962
- Cash -€5,035
down €5,035 (-87.4%), from €5,763 to €728
mainly Receivables within one year (-€31,964) and Tax, wage and social debts (-€14,621)
- Other debts +€22,745
up €22,745 (+1,262%), from €1,803 to €24,548
- Current portion of long-term debt +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€14,621
down €14,621 (-20.6%), from €71,060 to €56,439
of which Taxes: -€10,602
- Profit (loss) carried forward +€4,564
up €4,564 (+4.1%), from -€111,372 to -€106,808
- Trade debts -€3,058
down €3,058 (-5.0%), from €61,090 to €58,032
- Staff costs -€22,504
down €22,504 (-22.2%), from €101,455 to €78,951
- Other operating charges +€13,272
up €13,272 (+1,491%), from €890 to €14,162
- Gross operating margin -€5,003
down €5,003 (-4.7%), from €106,010 to €101,007
- Taxes +€1,141
new in 2025: €1,141
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,336 | €95,265 | +€26,929 | +39.4% |
| Current assets | 29/58 | €68,336 | €95,265 | +€26,929 | +39.4% |
| Amounts receivable within one year | 40/41 | €62,573 | €94,537 | +€31,964 | +51.1% |
| Trade receivables | 40 | €62,573 | €91,535 | +€28,962 | +46.3% |
| Other amounts receivable | 41 | - | €3,002 | +€3,002 | |
| Cash at bank and in hand | 54/58 | €5,763 | €728 | -€5,035 | -87.4% |
| Total equity and liabilities | 10/49 | €68,336 | €95,265 | +€26,929 | +39.4% |
| Equity | 10/15 | -€99,772 | -€92,908 | +€6,864 | +6.9% |
| Contributions | 10/11 | €11,600 | €13,900 | +€2,300 | +19.8% |
| Profit (loss) carried forward | 14 | -€111,372 | -€106,808 | +€4,564 | +4.1% |
| Amounts payable | 17/49 | €168,108 | €188,173 | +€20,065 | +11.9% |
| Amounts payable after more than one year | 17 | €29,171 | €29,170 | -€1 | 0.0% |
| Financial debts | 170/4 | €29,171 | €29,170 | -€1 | 0.0% |
| Amounts payable within one year | 42/48 | €138,937 | €159,003 | +€20,066 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | - | €15,000 | +€15,000 | |
| Financial debts | 43 | €4,984 | €4,984 | = | 0.0% |
| Credit institutions | 430/8 | €4,984 | €4,984 | = | 0.0% |
| Trade debts | 44 | €61,090 | €58,032 | -€3,058 | -5.0% |
| Suppliers | 440/4 | €61,090 | €58,032 | -€3,058 | -5.0% |
| Taxes, remuneration and social security | 45 | €71,060 | €56,439 | -€14,621 | -20.6% |
| Taxes | 450/3 | €16,186 | €5,584 | -€10,602 | -65.5% |
| Remuneration and social security | 454/9 | €54,874 | €50,855 | -€4,019 | -7.3% |
| Other amounts payable | 47/48 | €1,803 | €24,548 | +€22,745 | +1,262% |
| Non-recurring operating income | 76A | - | €8,827 | +€8,827 | |
| Remuneration, social security and pensions | 62 | €101,455 | €78,951 | -€22,504 | -22.2% |
| Other operating charges | 640/8 | €890 | €14,162 | +€13,272 | +1,491% |
| Gross operating margin | 9900 | €106,010 | €101,007 | -€5,003 | -4.7% |
| Operating profit (loss) | 9901 | €3,665 | €7,894 | +€4,229 | +115% |
| Financial income | 75/76B | €421 | €14 | -€407 | -96.7% |
| Recurring financial income | 75 | €421 | €14 | -€407 | -96.7% |
| Financial charges | 65/66B | €2,194 | €2,203 | +€9 | +0.4% |
| Recurring financial charges | 65 | €2,194 | €2,203 | +€9 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €1,892 | €5,705 | +€3,813 | +202% |
| Income taxes | 67/77 | - | €1,141 | +€1,141 | |
| Profit (loss) for the period | 9904 | €1,892 | €4,564 | +€2,672 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €1,892 | €4,564 | +€2,672 | +141% |
Next steps
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 6 November 2026 via checked.be.