BRP Bulk & Pack: 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.
BRP Bulk & Pack
Largest movements
- Cash +€339,281
up €339,281 (+133.5%), from €254,224 to €593,505
mainly Advances received (+€546,741) and Stocks and contracts (+€51,973)
- Receivables within one year +€61,692
up €61,692 (+40.9%), from €150,710 to €212,403
of which Trade receivables: +€87,778
- Stocks and contracts -€51,973
down €51,973 (-72.4%), from €71,747 to €19,774
of which Contracts in progress: -€46,361
- Deferred charges and accrued income -€49,457
down €49,457 (-93.5%), from €52,869 to €3,412
- Advances received +€546,741
new in 2025: €546,741
- Trade debts -€280,188
no longer reported in 2025 (was €280,188)
- Profit (loss) carried forward +€30,807
up €30,807 (+1235.3%), from €2,494 to €33,301
- Debts after one year -€10,346
down €10,346 (-53.9%), from €19,208 to €8,862
- Tax, wage and social debts +€9,265
up €9,265 (+47.9%), from €19,358 to €28,623
of which Remuneration and social security: +€8,071
- Gross operating margin +€86,821
up €86,821 (+93.1%), from €93,259 to €180,081
- Staff costs +€57,228
up €57,228 (+85.2%), from €67,159 to €124,388
- Taxes +€8,343
up €8,343 (+280.9%), from €2,970 to €11,313
- Financial income +€3,252
up €3,252 (+3621.1%), from €90 to €3,342
- Depreciation +€1,933
up €1,933 (+16.1%), from €12,026 to €13,959
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 | €572,187 | €868,771 | +€296,584 | +51.8% |
| Fixed assets | 21/28 | €42,636 | €39,677 | -€2,959 | -6.9% |
| Tangible fixed assets | 22/27 | €42,603 | €39,644 | -€2,959 | -6.9% |
| Plant, machinery and equipment | 23 | €2,694 | €11,271 | +€8,578 | +318.4% |
| Furniture and vehicles | 24 | €24,350 | €15,187 | -€9,163 | -37.6% |
| Other tangible fixed assets | 26 | €15,560 | €13,186 | -€2,373 | -15.3% |
| Financial fixed assets | 28 | €33 | €33 | = | 0.0% |
| Current assets | 29/58 | €529,551 | €829,094 | +€299,543 | +56.6% |
| Stocks and contracts in progress | 3 | €71,747 | €19,774 | -€51,973 | -72.4% |
| Stocks | 30/36 | €25,386 | €19,774 | -€5,612 | -22.1% |
| Contracts in progress | 37 | €46,361 | - | -€46,361 | |
| Amounts receivable within one year | 40/41 | €150,710 | €212,403 | +€61,692 | +40.9% |
| Trade receivables | 40 | €100,814 | €188,592 | +€87,778 | +87.1% |
| Other amounts receivable | 41 | €49,897 | €23,811 | -€26,086 | -52.3% |
| Cash at bank and in hand | 54/58 | €254,224 | €593,505 | +€339,281 | +133.5% |
| Deferred charges and accrued income | 490/1 | €52,869 | €3,412 | -€49,457 | -93.5% |
| Total equity and liabilities | 10/49 | €572,187 | €868,771 | +€296,584 | +51.8% |
| Equity | 10/15 | €242,494 | €273,301 | +€30,807 | +12.7% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,494 | €33,301 | +€30,807 | +1235.3% |
| Amounts payable | 17/49 | €329,693 | €595,470 | +€265,777 | +80.6% |
| Amounts payable after more than one year | 17 | €19,208 | €8,862 | -€10,346 | -53.9% |
| Financial debts | 170/4 | €19,208 | €8,862 | -€10,346 | -53.9% |
| Amounts payable within one year | 42/48 | €310,410 | €586,558 | +€276,148 | +89.0% |
| Current portion of amounts payable after more than one year | 42 | €10,864 | €11,195 | +€330 | +3.0% |
| Trade debts | 44 | €280,188 | - | -€280,188 | |
| Suppliers | 440/4 | €280,188 | - | -€280,188 | |
| Advances received on contracts in progress | 46 | - | €546,741 | +€546,741 | |
| Taxes, remuneration and social security | 45 | €19,358 | €28,623 | +€9,265 | +47.9% |
| Taxes | 450/3 | €7,318 | €8,512 | +€1,194 | +16.3% |
| Remuneration and social security | 454/9 | €12,040 | €20,111 | +€8,071 | +67.0% |
| Accrued charges and deferred income | 492/3 | €75 | €50 | -€25 | -33.3% |
| Remuneration, social security and pensions | 62 | €67,159 | €124,388 | +€57,228 | +85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,026 | €13,959 | +€1,933 | +16.1% |
| Other operating charges | 640/8 | €289 | €295 | +€7 | +2.3% |
| Gross operating margin | 9900 | €93,259 | €180,081 | +€86,821 | +93.1% |
| Operating profit (loss) | 9901 | €13,785 | €41,439 | +€27,654 | +200.6% |
| Financial income | 75/76B | €90 | €3,342 | +€3,252 | +3621.1% |
| Recurring financial income | 75 | €90 | €3,342 | +€3,252 | +3621.1% |
| Financial charges | 65/66B | €3,705 | €2,661 | -€1,044 | -28.2% |
| Recurring financial charges | 65 | €3,705 | €2,661 | -€1,044 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €10,170 | €42,120 | +€31,950 | +314.2% |
| Income taxes | 67/77 | €2,970 | €11,313 | +€8,343 | +280.9% |
| Profit (loss) for the period | 9904 | €7,200 | €30,807 | +€23,607 | +327.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,200 | €30,807 | +€23,607 | +327.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.