BRMI: 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.
BRMI
Largest movements
- Cash +€25,165
up €25,165 (+14.3%), from €175,661 to €200,826
mainly Net result for the year (+€75,033) and Depreciation (+€1,036)
- Reserves +€27,000
up €27,000 (+22.8%), from €118,500 to €145,500
- Gross operating margin -€3,919
down €3,919 (-3.5%), from €110,948 to €107,029
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 | €206,884 | €232,468 | +€25,585 | +12.4% |
| Fixed assets | 21/28 | €1,932 | €896 | -€1,036 | -53.6% |
| Tangible fixed assets | 22/27 | €1,932 | €896 | -€1,036 | -53.6% |
| Plant, machinery and equipment | 23 | €1,257 | €896 | -€361 | -28.7% |
| Furniture and vehicles | 24 | €675 | - | -€675 | |
| Current assets | 29/58 | €204,951 | €231,572 | +€26,621 | +13.0% |
| Amounts receivable within one year | 40/41 | €29,290 | €30,327 | +€1,037 | +3.5% |
| Trade receivables | 40 | €29,040 | €30,077 | +€1,037 | +3.6% |
| Other amounts receivable | 41 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €175,661 | €200,826 | +€25,165 | +14.3% |
| Deferred charges and accrued income | 490/1 | - | €419 | +€419 | |
| Total equity and liabilities | 10/49 | €206,884 | €232,468 | +€25,585 | +12.4% |
| Equity | 10/15 | €137,100 | €164,100 | +€27,000 | +19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,500 | €145,500 | +€27,000 | +22.8% |
| Distributable reserves | 133 | €118,500 | €145,500 | +€27,000 | +22.8% |
| Amounts payable | 17/49 | €69,784 | €68,368 | -€1,415 | -2.0% |
| Amounts payable within one year | 42/48 | €69,784 | €68,368 | -€1,415 | -2.0% |
| Trade debts | 44 | €294 | €990 | +€696 | +236.3% |
| Suppliers | 440/4 | €294 | €990 | +€696 | +236.3% |
| Taxes, remuneration and social security | 45 | €19,019 | €17,329 | -€1,690 | -8.9% |
| Taxes | 450/3 | €19,019 | €17,329 | -€1,690 | -8.9% |
| Other amounts payable | 47/48 | €50,470 | €50,049 | -€420 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,474 | €1,036 | -€438 | -29.7% |
| Other operating charges | 640/8 | €1,030 | €594 | -€436 | -42.3% |
| Gross operating margin | 9900 | €110,948 | €107,029 | -€3,919 | -3.5% |
| Operating profit (loss) | 9901 | €108,444 | €105,399 | -€3,045 | -2.8% |
| Financial income | 75/76B | €357 | €764 | +€407 | +114.0% |
| Recurring financial income | 75 | €357 | €764 | +€407 | +114.0% |
| Financial charges | 65/66B | €1,096 | €803 | -€293 | -26.7% |
| Recurring financial charges | 65 | €1,096 | €803 | -€293 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €107,705 | €105,359 | -€2,346 | -2.2% |
| Income taxes | 67/77 | €30,624 | €30,326 | -€298 | -1.0% |
| Profit (loss) for the period | 9904 | €77,081 | €75,033 | -€2,048 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €77,081 | €75,033 | -€2,048 | -2.7% |
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.