BRO Solutions: 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 Solutions
Largest movements
- Tangible fixed assets +€222,972
up €222,972 (+34.2%), from €651,104 to €874,076
of which Plant, machinery and equipment: +€212,776
- Receivables within one year +€172,577
up €172,577 (+174.7%), from €98,776 to €271,353
of which Trade receivables: +€172,634
- Cash -€138,446
down €138,446 (-56.0%), from €247,040 to €108,594
mainly Investment in fixed assets (net) (-€519,678) and Contributions, distributions and other (-€250,000)
- Other debts +€250,000
new in 2025: €250,000
- Reserves -€51,746
down €51,746 (-19.8%), from €261,951 to €210,205
of which Distributable reserves: -€144,366
- Debts after one year +€40,889
up €40,889 (+11.0%), from €370,753 to €411,642
- Current portion of long-term debt +€33,498
up €33,498 (+71.5%), from €46,866 to €80,364
- Tax, wage and social debts -€31,995
no longer reported in 2025 (was €31,995)
- Gross operating margin +€235,405
up €235,405 (+71.7%), from €328,473 to €563,878
- Depreciation +€152,265
up €152,265 (+105.4%), from €144,441 to €296,706
- Taxes +€11,973
up €11,973 (+37.4%), from €31,995 to €43,968
- Financial charges +€10,028
up €10,028 (+69.9%), from €14,350 to €24,378
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 | €997,562 | €1,254,701 | +€257,139 | +25.8% |
| Fixed assets | 21/28 | €651,104 | €874,076 | +€222,972 | +34.2% |
| Tangible fixed assets | 22/27 | €651,104 | €874,076 | +€222,972 | +34.2% |
| Land and buildings | 22 | €309,007 | €315,316 | +€6,309 | +2.0% |
| Plant, machinery and equipment | 23 | €318,315 | €531,091 | +€212,776 | +66.8% |
| Furniture and vehicles | 24 | €23,782 | €27,669 | +€3,887 | +16.3% |
| Current assets | 29/58 | €346,458 | €380,625 | +€34,167 | +9.9% |
| Amounts receivable within one year | 40/41 | €98,776 | €271,353 | +€172,577 | +174.7% |
| Trade receivables | 40 | €89,733 | €262,367 | +€172,634 | +192.4% |
| Other amounts receivable | 41 | €9,043 | €8,986 | -€57 | -0.6% |
| Cash at bank and in hand | 54/58 | €247,040 | €108,594 | -€138,446 | -56.0% |
| Deferred charges and accrued income | 490/1 | €642 | €678 | +€36 | +5.6% |
| Total equity and liabilities | 10/49 | €997,562 | €1,254,701 | +€257,139 | +25.8% |
| Equity | 10/15 | €266,951 | €215,205 | -€51,746 | -19.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €261,951 | €210,205 | -€51,746 | -19.8% |
| Tax-exempt reserves | 132 | - | €92,620 | +€92,620 | |
| Distributable reserves | 133 | €261,951 | €117,585 | -€144,366 | -55.1% |
| Amounts payable | 17/49 | €730,611 | €1,039,496 | +€308,885 | +42.3% |
| Amounts payable after more than one year | 17 | €370,753 | €411,642 | +€40,889 | +11.0% |
| Financial debts | 170/4 | €370,753 | €411,642 | +€40,889 | +11.0% |
| Amounts payable within one year | 42/48 | €359,859 | €627,854 | +€267,995 | +74.5% |
| Current portion of amounts payable after more than one year | 42 | €46,866 | €80,364 | +€33,498 | +71.5% |
| Trade debts | 44 | €280,997 | €297,490 | +€16,493 | +5.9% |
| Suppliers | 440/4 | €280,997 | €297,490 | +€16,493 | +5.9% |
| Taxes, remuneration and social security | 45 | €31,995 | - | -€31,995 | |
| Taxes | 450/3 | €31,995 | - | -€31,995 | |
| Other amounts payable | 47/48 | - | €250,000 | +€250,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,441 | €296,706 | +€152,265 | +105.4% |
| Other operating charges | 640/8 | €640 | €653 | +€14 | +2.1% |
| Gross operating margin | 9900 | €328,473 | €563,878 | +€235,405 | +71.7% |
| Operating profit (loss) | 9901 | €183,393 | €266,519 | +€83,126 | +45.3% |
| Financial income | 75/76B | €3 | €81 | +€78 | +2782.6% |
| Recurring financial income | 75 | €3 | €81 | +€78 | +2782.6% |
| Financial charges | 65/66B | €14,350 | €24,378 | +€10,028 | +69.9% |
| Recurring financial charges | 65 | €14,350 | €24,378 | +€10,028 | +69.9% |
| Profit (loss) for the period before taxes | 9903 | €169,046 | €242,222 | +€73,176 | +43.3% |
| Income taxes | 67/77 | €31,995 | €43,968 | +€11,973 | +37.4% |
| Profit (loss) for the period | 9904 | €137,051 | €198,254 | +€61,203 | +44.7% |
| Transfer to tax-exempt reserves | 689 | - | €92,620 | +€92,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €137,051 | €105,634 | -€31,417 | -22.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.