BRO Upkot: what changed
Two financial 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 Upkot
Largest movements
- Tangible fixed assets -€2.5m
down €2.5m (-6.3%), from €39.2m to €36.7m
- Cash -€1.8m
down €1.8m (-97.1%), from €1.9m to €54,213
mainly Receivables within one year (-€1.7m) and Net result for the year (-€1.3m)
- Receivables within one year +€1.7m
up €1.7m (+18,310%), from €9,206 to €1.7m
of which Other amounts receivable: +€1.7m
- Profit (loss) carried forward -€1.3m
down €1.3m (-24.8%), from -€5.2m to -€6.5m
- Contributions -€1.2m
down €1.2m (-2.7%), from €46.0m to €44.8m
- Gross operating margin -€39,536
down €39,536 (-3.1%), from €1.3m to €1.2m
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.
Derived cash bridge
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 | €41,022,381 | €38,442,321 | -€2.6m | -6.3% |
| Fixed assets | 21/28 | €39,154,800 | €36,669,990 | -€2.5m | -6.3% |
| Tangible fixed assets | 22/27 | €39,154,800 | €36,669,990 | -€2.5m | -6.3% |
| Land and buildings | 22 | €39,154,800 | €36,669,990 | -€2.5m | -6.3% |
| Current assets | 29/58 | €1,867,581 | €1,772,331 | -€95,250 | -5.1% |
| Amounts receivable within one year | 40/41 | €9,206 | €1,694,807 | +€1.7m | +18,310% |
| Trade receivables | 40 | €9,206 | €9,807 | +€601 | +6.5% |
| Other amounts receivable | 41 | €0 | €1,685,000 | +€1.7m | |
| Cash at bank and in hand | 54/58 | €1,853,442 | €54,213 | -€1.8m | -97.1% |
| Deferred charges and accrued income | 490/1 | €4,933 | €23,311 | +€18,379 | +373% |
| Total equity and liabilities | 10/49 | €41,022,381 | €38,442,321 | -€2.6m | -6.3% |
| Equity | 10/15 | €40,801,598 | €38,274,978 | -€2.5m | -6.2% |
| Contributions | 10/11 | €46,010,020 | €44,774,520 | -€1.2m | -2.7% |
| Profit (loss) carried forward | 14 | -€5,208,422 | -€6,499,542 | -€1.3m | -24.8% |
| Amounts payable | 17/49 | €220,782 | €167,344 | -€53,439 | -24.2% |
| Amounts payable within one year | 42/48 | €55,717 | €103,982 | +€48,265 | +86.6% |
| Trade debts | 44 | €55,717 | €103,982 | +€48,265 | +86.6% |
| Suppliers | 440/4 | €55,717 | €103,982 | +€48,265 | +86.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €165,065 | €63,362 | -€101,703 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,484,810 | €2,484,810 | = | 0.0% |
| Other operating charges | 640/8 | €55,306 | €57,233 | +€1,926 | +3.5% |
| Non-recurring operating charges | 66A | €717 | €0 | -€717 | -100% |
| Gross operating margin | 9900 | €1,261,235 | €1,221,699 | -€39,536 | -3.1% |
| Operating profit (loss) | 9901 | -€1,279,598 | -€1,320,343 | -€40,746 | -3.2% |
| Financial income | 75/76B | €39,837 | €30,786 | -€9,052 | -22.7% |
| Recurring financial income | 75 | €39,837 | €30,786 | -€9,052 | -22.7% |
| Financial charges | 65/66B | €1,933 | €1,563 | -€370 | -19.1% |
| Recurring financial charges | 65 | €1,933 | €1,563 | -€370 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,241,694 | -€1,291,121 | -€49,427 | -4.0% |
| Profit (loss) for the period | 9904 | -€1,241,694 | -€1,291,121 | -€49,427 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,241,694 | -€1,291,121 | -€49,427 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.