BRNL: 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.
BRNL
Largest movements
- Receivables within one year +€13,844
up €13,844 (+109.7%), from €12,625 to €26,469
of which Trade receivables: +€13,234
- Cash -€8,792
down €8,792 (-54.9%), from €16,029 to €7,237
mainly Debts after one year (-€13,872) and Receivables within one year (-€13,844)
- Tangible fixed assets -€6,077
down €6,077 (-10.9%), from €55,902 to €49,825
of which Furniture and vehicles: -€13,251
- Debts after one year -€13,872
down €13,872 (-30.0%), from €46,169 to €32,297
of which Financial debts: -€11,872
- Reserves +€9,864
up €9,864 (+85.5%), from €11,530 to €21,394
- Other debts +€2,154
up €2,154 (+52.4%), from €4,108 to €6,262
- Gross operating margin +€10,919
up €10,919 (+48.0%), from €22,727 to €33,646
- Depreciation +€3,497
up €3,497 (+33.8%), from €10,355 to €13,852
- Taxes +€782
up €782 (+15.8%), from €4,954 to €5,736
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 | €84,980 | €83,967 | -€1,013 | -1.2% |
| Fixed assets | 21/28 | €55,902 | €49,825 | -€6,077 | -10.9% |
| Tangible fixed assets | 22/27 | €55,902 | €49,825 | -€6,077 | -10.9% |
| Furniture and vehicles | 24 | €55,902 | €42,650 | -€13,251 | -23.7% |
| Other tangible fixed assets | 26 | - | €7,174 | +€7,174 | |
| Current assets | 29/58 | €29,079 | €34,143 | +€5,064 | +17.4% |
| Amounts receivable within one year | 40/41 | €12,625 | €26,469 | +€13,844 | +109.7% |
| Trade receivables | 40 | €12,471 | €25,705 | +€13,234 | +106.1% |
| Other amounts receivable | 41 | €153 | €764 | +€610 | +397.7% |
| Cash at bank and in hand | 54/58 | €16,029 | €7,237 | -€8,792 | -54.9% |
| Deferred charges and accrued income | 490/1 | €425 | €437 | +€12 | +2.9% |
| Total equity and liabilities | 10/49 | €84,980 | €83,967 | -€1,013 | -1.2% |
| Equity | 10/15 | €13,530 | €23,394 | +€9,864 | +72.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,530 | €21,394 | +€9,864 | +85.5% |
| Distributable reserves | 133 | €11,530 | €21,394 | +€9,864 | +85.5% |
| Amounts payable | 17/49 | €71,450 | €60,573 | -€10,877 | -15.2% |
| Amounts payable after more than one year | 17 | €46,169 | €32,297 | -€13,872 | -30.0% |
| Financial debts | 170/4 | €40,169 | €28,297 | -€11,872 | -29.6% |
| Trade debts | 175 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Amounts payable within one year | 42/48 | €25,241 | €28,276 | +€3,035 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €13,459 | €13,872 | +€413 | +3.1% |
| Trade debts | 44 | €655 | €660 | +€5 | +0.8% |
| Suppliers | 440/4 | €655 | €660 | +€5 | +0.8% |
| Taxes, remuneration and social security | 45 | €7,018 | €7,482 | +€463 | +6.6% |
| Taxes | 450/3 | €7,018 | €7,482 | +€463 | +6.6% |
| Other amounts payable | 47/48 | €4,108 | €6,262 | +€2,154 | +52.4% |
| Accrued charges and deferred income | 492/3 | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,355 | €13,852 | +€3,497 | +33.8% |
| Other operating charges | 640/8 | €300 | €572 | +€272 | +90.4% |
| Gross operating margin | 9900 | €22,727 | €33,646 | +€10,919 | +48.0% |
| Operating profit (loss) | 9901 | €12,072 | €19,222 | +€7,150 | +59.2% |
| Financial charges | 65/66B | €1,984 | €1,956 | -€28 | -1.4% |
| Recurring financial charges | 65 | €1,984 | €1,956 | -€28 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €10,088 | €17,266 | +€7,179 | +71.2% |
| Income taxes | 67/77 | €4,954 | €5,736 | +€782 | +15.8% |
| Profit (loss) for the period | 9904 | €5,134 | €11,530 | +€6,396 | +124.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,134 | €11,530 | +€6,396 | +124.6% |
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.