BRIMO: 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.
BRIMO
Largest movements
- Receivables within one year +€591,395
up €591,395 (+387.8%), from €152,482 to €743,877
of which Trade receivables: +€618,958
- Tangible fixed assets -€304,362
down €304,362 (-14.2%), from €2.1m to €1.8m
of which Land and buildings: -€301,750
- Stocks and contracts -€271,901
down €271,901 (-79.9%), from €340,235 to €68,333
- Cash +€267,356
up €267,356 (+206.1%), from €129,730 to €397,086
mainly Net result for the year (+€312,438) and Stocks and contracts (+€271,901)
- Reserves +€378,110
up €378,110 (+60.2%), from €628,111 to €1.0m
of which Tax-exempt reserves: +€378,110
- Other debts -€149,225
down €149,225 (-12.6%), from €1.2m to €1.0m
- Provisions +€99,944
new in 2025: €99,944
- Profit (loss) carried forward -€65,672
down €65,672 (-14.5%), from €452,369 to €386,697
- Gross operating margin +€629,995
up €629,995 (+452.8%), from €139,146 to €769,141
- Depreciation -€11,204
down €11,204 (-12.4%), from €90,527 to €79,323
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 | €2,781,792 | €3,048,168 | +€266,377 | +9.6% |
| Fixed assets | 21/28 | €2,137,360 | €1,832,998 | -€304,362 | -14.2% |
| Tangible fixed assets | 22/27 | €2,137,360 | €1,832,998 | -€304,362 | -14.2% |
| Land and buildings | 22 | €2,106,712 | €1,804,963 | -€301,750 | -14.3% |
| Plant, machinery and equipment | 23 | €29,419 | €24,680 | -€4,740 | -16.1% |
| Furniture and vehicles | 24 | €1,228 | €3,356 | +€2,128 | +173.3% |
| Current assets | 29/58 | €644,432 | €1,215,170 | +€570,738 | +88.6% |
| Stocks and contracts in progress | 3 | €340,235 | €68,333 | -€271,901 | -79.9% |
| Stocks | 30/36 | €340,235 | €68,333 | -€271,901 | -79.9% |
| Amounts receivable within one year | 40/41 | €152,482 | €743,877 | +€591,395 | +387.8% |
| Trade receivables | 40 | €116,042 | €735,000 | +€618,958 | +533.4% |
| Other amounts receivable | 41 | €36,440 | €8,877 | -€27,563 | -75.6% |
| Cash at bank and in hand | 54/58 | €129,730 | €397,086 | +€267,356 | +206.1% |
| Deferred charges and accrued income | 490/1 | €21,985 | €5,874 | -€16,111 | -73.3% |
| Total equity and liabilities | 10/49 | €2,781,792 | €3,048,168 | +€266,377 | +9.6% |
| Equity | 10/15 | €1,586,480 | €1,898,918 | +€312,438 | +19.7% |
| Contributions | 10/11 | €506,000 | €506,000 | = | 0.0% |
| Capital | 10 | €506,000 | €506,000 | = | 0.0% |
| Issued capital | 100 | €506,000 | €506,000 | = | 0.0% |
| Reserves | 13 | €628,111 | €1,006,221 | +€378,110 | +60.2% |
| Non-distributable reserves | 130/1 | €52,791 | €52,791 | = | 0.0% |
| Legal reserve | 130 | €51,000 | €51,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,791 | €1,791 | = | 0.0% |
| Tax-exempt reserves | 132 | €528,636 | €906,746 | +€378,110 | +71.5% |
| Distributable reserves | 133 | €46,684 | €46,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | €452,369 | €386,697 | -€65,672 | -14.5% |
| Provisions and deferred taxes | 16 | - | €99,944 | +€99,944 | |
| Deferred taxes | 168 | - | €99,944 | +€99,944 | |
| Amounts payable | 17/49 | €1,195,312 | €1,049,306 | -€146,006 | -12.2% |
| Amounts payable within one year | 42/48 | €1,195,312 | €1,046,606 | -€148,706 | -12.4% |
| Trade debts | 44 | €3,642 | €3,696 | +€54 | +1.5% |
| Suppliers | 440/4 | €3,642 | €3,696 | +€54 | +1.5% |
| Taxes, remuneration and social security | 45 | €8,241 | €8,706 | +€465 | +5.6% |
| Taxes | 450/3 | €8,241 | €8,706 | +€465 | +5.6% |
| Other amounts payable | 47/48 | €1,183,429 | €1,034,204 | -€149,225 | -12.6% |
| Accrued charges and deferred income | 492/3 | - | €2,700 | +€2,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,527 | €79,323 | -€11,204 | -12.4% |
| Other operating charges | 640/8 | €13,405 | €14,006 | +€600 | +4.5% |
| Non-recurring operating charges | 66A | €0 | €235,279 | +€235,279 | |
| Gross operating margin | 9900 | €139,146 | €769,141 | +€629,995 | +452.8% |
| Operating profit (loss) | 9901 | €35,214 | €440,534 | +€405,319 | +1151.0% |
| Financial income | 75/76B | €4,800 | €0 | -€4,800 | -100.0% |
| Recurring financial income | 75 | €4,800 | €0 | -€4,800 | -100.0% |
| Non-recurring financial income | 76B | €4,800 | €0 | -€4,800 | -100.0% |
| Financial charges | 65/66B | €26,862 | €27,588 | +€726 | +2.7% |
| Recurring financial charges | 65 | €26,862 | €27,588 | +€726 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €13,152 | €412,946 | +€399,794 | +3039.8% |
| Transfer to deferred taxes | 680 | - | €99,944 | +€99,944 | |
| Income taxes | 67/77 | €4,585 | €563 | -€4,022 | -87.7% |
| Profit (loss) for the period | 9904 | €8,567 | €312,438 | +€303,871 | +3547.0% |
| Transfer from tax-exempt reserves | 789 | €21,667 | €21,667 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €399,777 | +€399,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,234 | -€65,672 | -€95,906 |
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 10 October 2026 via checked.be.