BRIC 74: what changed
Two financial 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.
BRIC 74
Largest movements
- Receivables within one year +€23,567
up €23,567 (+31.0%), from €76,034 to €99,601
of which Trade receivables: +€46,549
- Deferred charges and accrued income +€15,017
up €15,017 (+104%), from €14,437 to €29,454
- Cash -€8,505
down €8,505 (-2.1%), from €400,104 to €391,599
mainly Other debts (-€213,165) and Investment in fixed assets (net) (-€62,307)
- Stocks and contracts +€8,497
up €8,497 (+31.7%), from €26,774 to €35,271
- Formation expenses -€8,100
down €8,100 (-33.6%), from €24,097 to €15,997
- Other debts -€213,165
down €213,165 (-99.4%), from €214,395 to €1,230
- Reserves +€170,859
up €170,859 (+85.4%), from €200,000 to €370,859
of which Distributable reserves: +€170,859
- Tax, wage and social debts +€66,396
up €66,396 (+82.2%), from €80,740 to €147,136
of which Taxes: +€58,675
- Trade debts +€7,264
up €7,264 (+7.4%), from €98,575 to €105,839
- Gross operating margin +€41,799
up €41,799 (+5.8%), from €719,784 to €761,584
- Financial charges -€19,232
down €19,232 (-53.7%), from €35,822 to €16,590
- Depreciation +€16,317
up €16,317 (+30.7%), from €53,213 to €69,529
- Other operating charges +€12,757
up €12,757 (+77.6%), from €16,439 to €29,196
- Taxes +€10,075
up €10,075 (+22.3%), from €45,208 to €55,283
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.
Derived cash bridge
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 | €650,709 | €682,063 | +€31,354 | +4.8% |
| Formation expenses | 20 | €24,097 | €15,997 | -€8,100 | -33.6% |
| Fixed assets | 21/28 | €109,263 | €110,141 | +€878 | +0.8% |
| Tangible fixed assets | 22/27 | €101,796 | €109,831 | +€8,035 | +7.9% |
| Land and buildings | 22 | €8,593 | €4,988 | -€3,606 | -42.0% |
| Plant, machinery and equipment | 23 | €71,514 | €39,477 | -€32,037 | -44.8% |
| Furniture and vehicles | 24 | €21,688 | €50,425 | +€28,736 | +132% |
| Other tangible fixed assets | 26 | - | €14,942 | +€14,942 | |
| Financial fixed assets | 28 | €7,468 | €310 | -€7,158 | -95.8% |
| Current assets | 29/58 | €517,349 | €555,925 | +€38,576 | +7.5% |
| Stocks and contracts in progress | 3 | €26,774 | €35,271 | +€8,497 | +31.7% |
| Stocks | 30/36 | €26,774 | €35,271 | +€8,497 | +31.7% |
| Amounts receivable within one year | 40/41 | €76,034 | €99,601 | +€23,567 | +31.0% |
| Trade receivables | 40 | €46,660 | €93,210 | +€46,549 | +99.8% |
| Other amounts receivable | 41 | €29,374 | €6,391 | -€22,982 | -78.2% |
| Cash at bank and in hand | 54/58 | €400,104 | €391,599 | -€8,505 | -2.1% |
| Deferred charges and accrued income | 490/1 | €14,437 | €29,454 | +€15,017 | +104% |
| Total equity and liabilities | 10/49 | €650,709 | €682,063 | +€31,354 | +4.8% |
| Equity | 10/15 | €257,000 | €427,859 | +€170,859 | +66.5% |
| Contributions | 10/11 | €57,000 | €57,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €370,859 | +€170,859 | +85.4% |
| Non-distributable reserves | 130/1 | €2,143 | €2,143 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,143 | €2,143 | = | 0.0% |
| Distributable reserves | 133 | €197,857 | €368,716 | +€170,859 | +86.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €393,709 | €254,205 | -€139,505 | -35.4% |
| Amounts payable within one year | 42/48 | €393,709 | €254,205 | -€139,505 | -35.4% |
| Trade debts | 44 | €98,575 | €105,839 | +€7,264 | +7.4% |
| Suppliers | 440/4 | €98,575 | €105,839 | +€7,264 | +7.4% |
| Taxes, remuneration and social security | 45 | €80,740 | €147,136 | +€66,396 | +82.2% |
| Taxes | 450/3 | €43,855 | €102,530 | +€58,675 | +134% |
| Remuneration and social security | 454/9 | €36,884 | €44,606 | +€7,722 | +20.9% |
| Other amounts payable | 47/48 | €214,395 | €1,230 | -€213,165 | -99.4% |
| Remuneration, social security and pensions | 62 | €425,717 | €421,590 | -€4,127 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,213 | €69,529 | +€16,317 | +30.7% |
| Other operating charges | 640/8 | €16,439 | €29,196 | +€12,757 | +77.6% |
| Gross operating margin | 9900 | €719,784 | €761,584 | +€41,799 | +5.8% |
| Operating profit (loss) | 9901 | €224,416 | €241,269 | +€16,853 | +7.5% |
| Financial income | 75/76B | €649 | €1,463 | +€815 | +126% |
| Recurring financial income | 75 | €649 | €1,463 | +€815 | +126% |
| Financial charges | 65/66B | €35,822 | €16,590 | -€19,232 | -53.7% |
| Recurring financial charges | 65 | €35,822 | €16,590 | -€19,232 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €189,242 | €226,142 | +€36,899 | +19.5% |
| Income taxes | 67/77 | €45,208 | €55,283 | +€10,075 | +22.3% |
| Profit (loss) for the period | 9904 | €144,035 | €170,859 | +€26,824 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €144,035 | €170,859 | +€26,824 | +18.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.