BRMSC: 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.
BRMSC
Largest movements
- Receivables within one year +€32,314
up €32,314 (+73.1%), from €44,177 to €76,491
of which Trade receivables: +€21,577
- Cash +€11,840
up €11,840, from €0 to €11,840
mainly Other debts (+€37,124) and Net result for the year (+€34,683)
- Other debts +€37,124
up €37,124, from €0 to €37,124
- Profit (loss) carried forward -€17,959
down €17,959 (-100%), from €17,959 to €0
- Trade debts +€16,835
up €16,835 (+1,036%), from €1,625 to €18,460
- Tax, wage and social debts +€9,668
up €9,668 (+86.0%), from €11,239 to €20,907
- Short-term financial debts -€1,651
down €1,651 (-100%), from €1,651 to €0
- Gross operating margin +€55,616
up €55,616 (+1,354%), from €4,107 to €59,724
- Taxes +€8,896
up €8,896 (+730%), from €1,218 to €10,114
- Other operating charges +€7,438
up €7,438 (+144%), from €5,170 to €12,608
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 | €95,304 | €139,088 | +€43,784 | +45.9% |
| Fixed assets | 21/28 | €185 | €185 | = | 0.0% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €95,119 | €138,903 | +€43,784 | +46.0% |
| Stocks and contracts in progress | 3 | €49,020 | €49,020 | = | 0.0% |
| Stocks | 30/36 | €49,020 | €49,020 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,177 | €76,491 | +€32,314 | +73.1% |
| Trade receivables | 40 | €12,986 | €34,563 | +€21,577 | +166% |
| Other amounts receivable | 41 | €31,191 | €41,928 | +€10,737 | +34.4% |
| Cash at bank and in hand | 54/58 | €0 | €11,840 | +€11,840 | |
| Deferred charges and accrued income | 490/1 | €1,922 | €1,553 | -€370 | -19.2% |
| Total equity and liabilities | 10/49 | €95,304 | €139,088 | +€43,784 | +45.9% |
| Equity | 10/15 | €78,848 | €60,889 | -€17,959 | -22.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,689 | €54,689 | = | 0.0% |
| Distributable reserves | 133 | €54,689 | €54,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,959 | €0 | -€17,959 | -100% |
| Amounts payable | 17/49 | €16,456 | €78,199 | +€61,743 | +375% |
| Amounts payable within one year | 42/48 | €16,235 | €78,199 | +€61,965 | +382% |
| Current portion of amounts payable after more than one year | 42 | €1,719 | €1,709 | -€10 | -0.6% |
| Financial debts | 43 | €1,651 | €0 | -€1,651 | -100% |
| Credit institutions | 430/8 | €1,651 | €0 | -€1,651 | -100% |
| Trade debts | 44 | €1,625 | €18,460 | +€16,835 | +1,036% |
| Suppliers | 440/4 | €1,625 | €18,460 | +€16,835 | +1,036% |
| Taxes, remuneration and social security | 45 | €11,239 | €20,907 | +€9,668 | +86.0% |
| Taxes | 450/3 | €11,239 | €20,907 | +€9,668 | +86.0% |
| Other amounts payable | 47/48 | €0 | €37,124 | +€37,124 | |
| Accrued charges and deferred income | 492/3 | €222 | €0 | -€222 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €5,170 | €12,608 | +€7,438 | +144% |
| Gross operating margin | 9900 | €4,107 | €59,724 | +€55,616 | +1,354% |
| Operating profit (loss) | 9901 | -€1,063 | €47,116 | +€48,178 | |
| Financial income | 75/76B | €5 | €136 | +€131 | +2,561% |
| Recurring financial income | 75 | €5 | €136 | +€131 | +2,561% |
| Financial charges | 65/66B | €2,633 | €2,454 | -€179 | -6.8% |
| Recurring financial charges | 65 | €2,633 | €2,454 | -€179 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,691 | €44,797 | +€48,488 | |
| Income taxes | 67/77 | €1,218 | €10,114 | +€8,896 | +730% |
| Profit (loss) for the period | 9904 | -€4,909 | €34,683 | +€39,592 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,909 | €34,683 | +€39,592 |
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 14 October 2026 via checked.be.