BRM: 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.
BRM
Largest movements
- Cash -€363
down €363 (-83.4%), from €436 to €72
mainly Other debts (-€2,440) and Trade debts (-€366)
- Receivables within one year -€121
down €121 (-33.3%), from €363 to €242
- Other debts -€2,440
down €2,440 (-46.1%), from €5,297 to €2,857
- Profit (loss) carried forward +€2,063
up €2,063 (+11.3%), from -€18,248 to -€16,185
- Trade debts -€366
no longer reported in 2025 (was €366)
- Tax, wage and social debts +€258
up €258 (+175.4%), from €147 to €405
- Gross operating margin +€2,058
up €2,058 (+209.5%), from €982 to €3,041
- Taxes +€487
new in 2025: €487
- Purchases and services -€448
down €448 (-10.4%), from €4,319 to €3,871
- Depreciation -€238
no longer reported in 2025 (was €238)
- Other operating charges -€153
down €153 (-25.5%), from €601 to €447
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 | €799 | €314 | -€484 | -60.7% |
| Current assets | 29/58 | €799 | €314 | -€484 | -60.7% |
| Amounts receivable within one year | 40/41 | €363 | €242 | -€121 | -33.3% |
| Trade receivables | 40 | €363 | €242 | -€121 | -33.3% |
| Cash at bank and in hand | 54/58 | €436 | €72 | -€363 | -83.4% |
| Total equity and liabilities | 10/49 | €799 | €314 | -€484 | -60.7% |
| Equity | 10/15 | -€5,011 | -€2,948 | +€2,063 | +41.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,038 | €7,038 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,178 | €5,178 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,248 | -€16,185 | +€2,063 | +11.3% |
| Amounts payable | 17/49 | €5,809 | €3,262 | -€2,548 | -43.9% |
| Amounts payable within one year | 42/48 | €5,809 | €3,262 | -€2,548 | -43.9% |
| Trade debts | 44 | €366 | - | -€366 | |
| Suppliers | 440/4 | €366 | - | -€366 | |
| Taxes, remuneration and social security | 45 | €147 | €405 | +€258 | +175.4% |
| Taxes | 450/3 | €147 | €405 | +€258 | +175.4% |
| Other amounts payable | 47/48 | €5,297 | €2,857 | -€2,440 | -46.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,319 | €3,871 | -€448 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238 | - | -€238 | |
| Other operating charges | 640/8 | €601 | €447 | -€153 | -25.5% |
| Gross operating margin | 9900 | €982 | €3,041 | +€2,058 | +209.5% |
| Operating profit (loss) | 9901 | €143 | €2,593 | +€2,450 | +1708.4% |
| Financial charges | 65/66B | €141 | €43 | -€98 | -69.5% |
| Recurring financial charges | 65 | €141 | €43 | -€98 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €3 | €2,550 | +€2,548 | +97246.2% |
| Income taxes | 67/77 | - | €487 | +€487 | |
| Profit (loss) for the period | 9904 | €3 | €2,063 | +€2,061 | +78652.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3 | €2,063 | +€2,061 | +78652.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.