BRO: 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.
BRO
Largest movements
- Tangible fixed assets -€18,547
down €18,547 (-17.0%), from €109,362 to €90,815
- Receivables within one year +€10,017
up €10,017 (+68.1%), from €14,714 to €24,731
of which Other amounts receivable: +€8,855
- Cash +€8,565
up €8,565 (+6.6%), from €129,192 to €137,757
mainly Net result for the year (+€53,001) and Depreciation (+€18,547)
- Profit (loss) carried forward +€15,126
new in 2025: €15,126
- Tax, wage and social debts -€6,388
down €6,388 (-100.0%), from €6,388 to €0
- Debts after one year -€4,571
down €4,571 (-32.1%), from €14,262 to €9,691
- Staff costs +€3,392
up €3,392 (+116.2%), from €2,918 to €6,310
- Gross operating margin -€2,672
down €2,672 (-3.0%), from €89,820 to €87,148
- Purchases and services +€2,007
up €2,007 (+3.4%), from €59,060 to €61,067
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 | €258,327 | €261,141 | +€2,814 | +1.1% |
| Fixed assets | 21/28 | €109,362 | €90,815 | -€18,547 | -17.0% |
| Tangible fixed assets | 22/27 | €109,362 | €90,815 | -€18,547 | -17.0% |
| Land and buildings | 22 | €47,292 | €39,603 | -€7,689 | -16.3% |
| Plant, machinery and equipment | 23 | €8,862 | €7,813 | -€1,049 | -11.8% |
| Furniture and vehicles | 24 | €7,433 | €5,755 | -€1,678 | -22.6% |
| Other tangible fixed assets | 26 | €45,775 | €37,644 | -€8,131 | -17.8% |
| Current assets | 29/58 | €148,965 | €170,326 | +€21,361 | +14.3% |
| Amounts receivable within one year | 40/41 | €14,714 | €24,731 | +€10,017 | +68.1% |
| Trade receivables | 40 | €14,714 | €15,876 | +€1,162 | +7.9% |
| Other amounts receivable | 41 | - | €8,855 | +€8,855 | |
| Current investments | 50/53 | €5,000 | €7,500 | +€2,500 | +50.0% |
| Cash at bank and in hand | 54/58 | €129,192 | €137,757 | +€8,565 | +6.6% |
| Deferred charges and accrued income | 490/1 | €59 | €338 | +€279 | +472.9% |
| Total equity and liabilities | 10/49 | €258,327 | €261,141 | +€2,814 | +1.1% |
| Equity | 10/15 | €162,889 | €178,015 | +€15,126 | +9.3% |
| Contributions | 10/11 | €6,232 | €6,232 | = | 0.0% |
| Reserves | 13 | €156,657 | €156,657 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,522 | €3,522 | = | 0.0% |
| Distributable reserves | 133 | €153,135 | €153,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15,126 | +€15,126 | |
| Amounts payable | 17/49 | €95,438 | €83,126 | -€12,312 | -12.9% |
| Amounts payable after more than one year | 17 | €14,262 | €9,691 | -€4,571 | -32.1% |
| Financial debts | 170/4 | €14,262 | €9,691 | -€4,571 | -32.1% |
| Amounts payable within one year | 42/48 | €81,106 | €73,365 | -€7,741 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €4,520 | €4,571 | +€51 | +1.1% |
| Trade debts | 44 | €2,365 | €1,919 | -€446 | -18.9% |
| Suppliers | 440/4 | €2,365 | €1,919 | -€446 | -18.9% |
| Taxes, remuneration and social security | 45 | €6,388 | €0 | -€6,388 | -100.0% |
| Taxes | 450/3 | €6,388 | €0 | -€6,388 | -100.0% |
| Other amounts payable | 47/48 | €67,833 | €66,875 | -€958 | -1.4% |
| Accrued charges and deferred income | 492/3 | €70 | €70 | = | 0.0% |
| Turnover | 70 | €148,880 | €148,215 | -€665 | -0.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €59,060 | €61,067 | +€2,007 | +3.4% |
| Remuneration, social security and pensions | 62 | €2,918 | €6,310 | +€3,392 | +116.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,136 | €18,547 | +€1,411 | +8.2% |
| Other operating charges | 640/8 | €3,405 | €3,715 | +€310 | +9.1% |
| Non-recurring operating charges | 66A | €309 | €0 | -€309 | -100.0% |
| Gross operating margin | 9900 | €89,820 | €87,148 | -€2,672 | -3.0% |
| Operating profit (loss) | 9901 | €66,052 | €58,576 | -€7,476 | -11.3% |
| Financial income | 75/76B | €61 | €219 | +€158 | +259.0% |
| Recurring financial income | 75 | €61 | €219 | +€158 | +259.0% |
| Financial charges | 65/66B | €634 | €691 | +€57 | +9.0% |
| Recurring financial charges | 65 | €634 | €691 | +€57 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €65,479 | €58,104 | -€7,375 | -11.3% |
| Income taxes | 67/77 | €6,527 | €5,103 | -€1,424 | -21.8% |
| Profit (loss) for the period | 9904 | €58,952 | €53,001 | -€5,951 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,952 | €53,001 | -€5,951 | -10.1% |
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 7 October 2026 via checked.be.