BRO MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€49,588
up €49,588 (+67.8%), from €73,096 to €122,685
mainly Net result for the year (+€51,072) and Tax, wage and social debts (+€20,431)
- Tangible fixed assets +€3,487
up €3,487 (+7.4%), from €46,925 to €50,412
of which Furniture and vehicles: +€5,887
- Receivables within one year -€3,210
down €3,210 (-86.4%), from €3,716 to €506
of which Other amounts receivable: -€2,676
- Tax, wage and social debts +€20,431
up €20,431 (+114.3%), from €17,877 to €38,308
- Accrued charges and deferred income +€19,589
new in 2025: €19,589
- Profit (loss) carried forward +€9,072
up €9,072 (+13.8%), from €65,646 to €74,718
- Depreciation +€7,369
up €7,369 (+159.0%), from €4,634 to €12,002
- Taxes +€5,236
up €5,236 (+42.7%), from €12,264 to €17,500
- Other operating charges -€2,002
down €2,002 (-34.5%), from €5,802 to €3,799
- Gross operating margin +€1,062
up €1,062 (+1.3%), from €83,441 to €84,503
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 | €125,115 | €174,769 | +€49,654 | +39.7% |
| Fixed assets | 21/28 | €46,977 | €50,464 | +€3,487 | +7.4% |
| Tangible fixed assets | 22/27 | €46,925 | €50,412 | +€3,487 | +7.4% |
| Furniture and vehicles | 24 | €35,525 | €41,412 | +€5,887 | +16.6% |
| Other tangible fixed assets | 26 | €11,400 | €9,000 | -€2,400 | -21.1% |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €78,137 | €124,305 | +€46,167 | +59.1% |
| Amounts receivable within one year | 40/41 | €3,716 | €506 | -€3,210 | -86.4% |
| Trade receivables | 40 | €534 | - | -€534 | |
| Other amounts receivable | 41 | €3,182 | €506 | -€2,676 | -84.1% |
| Cash at bank and in hand | 54/58 | €73,096 | €122,685 | +€49,588 | +67.8% |
| Deferred charges and accrued income | 490/1 | €1,325 | €1,113 | -€212 | -16.0% |
| Total equity and liabilities | 10/49 | €125,115 | €174,769 | +€49,654 | +39.7% |
| Equity | 10/15 | €106,646 | €115,718 | +€9,072 | +8.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,646 | €74,718 | +€9,072 | +13.8% |
| Amounts payable | 17/49 | €18,468 | €59,051 | +€40,582 | +219.7% |
| Amounts payable within one year | 42/48 | €18,468 | €39,462 | +€20,993 | +113.7% |
| Trade debts | 44 | €592 | €1,154 | +€563 | +95.1% |
| Suppliers | 440/4 | €592 | €1,154 | +€563 | +95.1% |
| Taxes, remuneration and social security | 45 | €17,877 | €38,308 | +€20,431 | +114.3% |
| Taxes | 450/3 | €17,877 | €38,308 | +€20,431 | +114.3% |
| Accrued charges and deferred income | 492/3 | - | €19,589 | +€19,589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,634 | €12,002 | +€7,369 | +159.0% |
| Other operating charges | 640/8 | €5,802 | €3,799 | -€2,002 | -34.5% |
| Gross operating margin | 9900 | €83,441 | €84,503 | +€1,062 | +1.3% |
| Operating profit (loss) | 9901 | €73,006 | €68,702 | -€4,304 | -5.9% |
| Financial income | 75/76B | €124 | - | -€124 | |
| Recurring financial income | 75 | €124 | - | -€124 | |
| Financial charges | 65/66B | €139 | €130 | -€10 | -6.9% |
| Recurring financial charges | 65 | €139 | €130 | -€10 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €72,991 | €68,572 | -€4,419 | -6.1% |
| Income taxes | 67/77 | €12,264 | €17,500 | +€5,236 | +42.7% |
| Profit (loss) for the period | 9904 | €60,727 | €51,072 | -€9,655 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,727 | €51,072 | -€9,655 | -15.9% |
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 8 October 2026 via checked.be.