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BRIMCO: 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.

What changed

BRIMCO

BE 0477.899.994
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,590
2024 · -€13,005+€5,415
Equity
€298,790
2024 · €306,381-€7,591
Cash
€163
2024 · €198-€35
Balance sheet total
€459,021
2024 · €473,830-€14,809

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€20,728

    down €20,728 (-4.8%), from €431,745 to €411,017

  • Receivables within one year +€5,942

    up €5,942 (+14.3%), from €41,648 to €47,589

Equity and liabilities
  • Reserves -€7,667

    down €7,667 (-5.6%), from €135,864 to €128,197

    of which Tax-exempt reserves: -€7,667

Income statement
  • Gross operating margin +€6,813

    up €6,813 (+56.0%), from €12,169 to €18,982

  • Financial charges +€855

    up €855 (+16.8%), from €5,101 to €5,956

  • Other operating charges +€429

    up €429 (+21.3%), from €2,014 to €2,443

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€13,005
Gross operating margin +€6,813
Depreciation -€115
Other operating charges -€429
Financial charges -€855
Result 2025 -€7,590

Cash bridge derived

cash 2024 to 2025

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.

From operations -€34
Investment +€0
Financing -€1
Cash 2024 €198
Net result for the year -€7,590
Depreciation +€20,728
Receivables within one year -€5,942
Deferred charges and accrued income -€12
Provisions -€2,556
Trade debts -€1,153
Tax, wage and social debts +€240
Other debts -€3,876
Accrued charges and deferred income +€126
Investment in fixed assets (net) +€0
Contributions, distributions and other -€1
Cash 2025 €163
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €473,830 €459,021 -€14,809 -3.1%
Fixed assets 21/28 €431,745 €411,017 -€20,728 -4.8%
Tangible fixed assets 22/27 €431,745 €411,017 -€20,728 -4.8%
Land and buildings 22 €431,745 €411,017 -€20,728 -4.8%
Current assets 29/58 €42,085 €48,004 +€5,919 +14.1%
Amounts receivable within one year 40/41 €41,648 €47,589 +€5,942 +14.3%
Other amounts receivable 41 €41,648 €47,589 +€5,942 +14.3%
Cash at bank and in hand 54/58 €198 €163 -€35 -17.6%
Deferred charges and accrued income 490/1 €240 €252 +€12 +5.1%
Total equity and liabilities 10/49 €473,830 €459,021 -€14,809 -3.1%
Equity 10/15 €306,381 €298,790 -€7,591 -2.5%
Contributions 10/11 €160,000 €160,000 = 0.0%
Capital 10 €121,364 €121,364 +€0 0.0%
Issued capital 100 €121,364 €121,364 +€0 0.0%
Outside capital 11 €38,636 €38,636 -€0 0.0%
Share premium 1100/10 €38,636 €38,636 -€0 0.0%
Reserves 13 €135,864 €128,197 -€7,667 -5.6%
Non-distributable reserves 130/1 €4,478 €4,478 = 0.0%
Legal reserve 130 €4,478 €4,478 = 0.0%
Tax-exempt reserves 132 €131,386 €123,719 -€7,667 -5.8%
Profit (loss) carried forward 14 €10,517 €10,593 +€76 +0.7%
Provisions and deferred taxes 16 €42,479 €39,923 -€2,556 -6.0%
Deferred taxes 168 €42,479 €39,923 -€2,556 -6.0%
Amounts payable 17/49 €124,971 €120,308 -€4,663 -3.7%
Amounts payable within one year 42/48 €124,905 €120,116 -€4,789 -3.8%
Trade debts 44 €1,153 - -€1,153
Suppliers 440/4 €1,153 - -€1,153
Taxes, remuneration and social security 45 €1,500 €1,740 +€240 +16.0%
Taxes 450/3 €1,500 €1,740 +€240 +16.0%
Other amounts payable 47/48 €122,252 €118,376 -€3,876 -3.2%
Accrued charges and deferred income 492/3 €66 €192 +€126 +192.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,613 €20,728 +€115 +0.6%
Other operating charges 640/8 €2,014 €2,443 +€429 +21.3%
Gross operating margin 9900 €12,169 €18,982 +€6,813 +56.0%
Operating profit (loss) 9901 -€10,459 -€4,189 +€6,270 +59.9%
Financial charges 65/66B €5,101 €5,956 +€855 +16.8%
Recurring financial charges 65 €5,101 €5,956 +€855 +16.8%
Profit (loss) for the period before taxes 9903 -€15,560 -€10,145 +€5,415 +34.8%
Transfer from deferred taxes 780 €2,556 €2,555 -€1 0.0%
Profit (loss) for the period 9904 -€13,005 -€7,590 +€5,415 +41.6%
Transfer from tax-exempt reserves 789 €7,667 €7,666 -€1 0.0%
Profit (loss) for the period to be appropriated 9905 -€5,338 €76 +€5,414

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 28 September 2026 via checked.be.