BRNG: 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.
BRNG
Largest movements
- Receivables within one year +€3.0m
up €3.0m (+77485.9%), from €3,872 to €3.0m
of which Other amounts receivable: +€3.0m
- Receivables after one year -€3.0m
down €3.0m (-75.0%), from €4.0m to €1.0m
- Cash -€246,103
down €246,103 (-41.2%), from €596,996 to €350,893
mainly Receivables within one year (-€3.0m) and Debts after one year (-€438,834)
- Debts after one year -€438,834
down €438,834 (-11.0%), from €4.0m to €3.6m
of which Other amounts payable: -€500,000
- Depreciation +€18,532
up €18,532 (+11.9%), from €156,312 to €174,845
- Financial charges +€12,995
up €12,995 (+741.0%), from €1,754 to €14,749
- Gross operating margin +€12,077
up €12,077 (+16.5%), from -€73,110 to -€61,033
- Other operating charges +€9,439
up €9,439 (+113.8%), from €8,296 to €17,735
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 | €10,130,929 | €9,827,068 | -€303,861 | -3.0% |
| Fixed assets | 21/28 | €5,522,225 | €5,462,028 | -€60,196 | -1.1% |
| Tangible fixed assets | 22/27 | €5,334,725 | €5,274,528 | -€60,196 | -1.1% |
| Land and buildings | 22 | €5,330,244 | €5,182,366 | -€147,878 | -2.8% |
| Furniture and vehicles | 24 | €4,481 | €4,244 | -€237 | -5.3% |
| Leasing and similar rights | 25 | - | €87,918 | +€87,918 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €187,500 | €187,500 | = | 0.0% |
| Current assets | 29/58 | €4,608,704 | €4,365,039 | -€243,665 | -5.3% |
| Amounts receivable after more than one year | 29 | €4,000,000 | €1,000,000 | -€3.0m | -75.0% |
| Other amounts receivable | 291 | €4,000,000 | €1,000,000 | -€3.0m | -75.0% |
| Amounts receivable within one year | 40/41 | €3,872 | €3,004,157 | +€3.0m | +77485.9% |
| Trade receivables | 40 | €3,872 | €3,872 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €3,000,285 | +€3.0m | |
| Cash at bank and in hand | 54/58 | €596,996 | €350,893 | -€246,103 | -41.2% |
| Deferred charges and accrued income | 490/1 | €7,836 | €9,989 | +€2,153 | +27.5% |
| Total equity and liabilities | 10/49 | €10,130,929 | €9,827,068 | -€303,861 | -3.0% |
| Equity | 10/15 | €5,872,269 | €5,963,834 | +€91,565 | +1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,804,069 | €5,895,634 | +€91,565 | +1.6% |
| Amounts payable | 17/49 | €4,258,659 | €3,863,233 | -€395,426 | -9.3% |
| Amounts payable after more than one year | 17 | €4,000,000 | €3,561,166 | -€438,834 | -11.0% |
| Financial debts | 170/4 | - | €61,166 | +€61,166 | |
| Other amounts payable | 178/9 | €4,000,000 | €3,500,000 | -€500,000 | -12.5% |
| Amounts payable within one year | 42/48 | €258,360 | €291,756 | +€33,396 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | - | €23,853 | +€23,853 | |
| Trade debts | 44 | €5,111 | €16,866 | +€11,755 | +230.0% |
| Suppliers | 440/4 | €5,111 | €16,866 | +€11,755 | +230.0% |
| Taxes, remuneration and social security | 45 | €562 | €526 | -€36 | -6.4% |
| Taxes | 450/3 | €562 | €526 | -€36 | -6.4% |
| Other amounts payable | 47/48 | €252,687 | €250,511 | -€2,177 | -0.9% |
| Accrued charges and deferred income | 492/3 | €299 | €10,312 | +€10,013 | +3349.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,312 | €174,845 | +€18,532 | +11.9% |
| Other operating charges | 640/8 | €8,296 | €17,735 | +€9,439 | +113.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€73,110 | -€61,033 | +€12,077 | +16.5% |
| Operating profit (loss) | 9901 | -€237,719 | -€253,613 | -€15,894 | -6.7% |
| Financial income | 75/76B | €360,599 | €360,008 | -€591 | -0.2% |
| Recurring financial income | 75 | €360,599 | €360,008 | -€591 | -0.2% |
| Financial charges | 65/66B | €1,754 | €14,749 | +€12,995 | +741.0% |
| Recurring financial charges | 65 | €1,754 | €14,749 | +€12,995 | +741.0% |
| Profit (loss) for the period before taxes | 9903 | €121,126 | €91,646 | -€29,480 | -24.3% |
| Income taxes | 67/77 | €0 | €81 | +€81 | +62376.9% |
| Profit (loss) for the period | 9904 | €121,126 | €91,565 | -€29,561 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,126 | €91,565 | -€29,561 | -24.4% |
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 3 October 2026 via checked.be.