BRS Construct: 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.
BRS Construct
Largest movements
- Receivables within one year -€4,586
down €4,586 (-20.1%), from €22,852 to €18,266
of which Trade receivables: -€5,121
- Cash -€517
down €517 (-87.8%), from €589 to €72
mainly Trade debts (-€11,916) and Other debts (-€2,836)
- Tangible fixed assets -€493
down €493 (-36.0%), from €1,370 to €877
- Trade debts -€11,916
down €11,916 (-87.1%), from €13,683 to €1,767
- Reserves +€3,576
up €3,576 (+80.4%), from €4,446 to €8,022
- Tax, wage and social debts +€2,980
up €2,980 (+217%), from €1,373 to €4,353
of which Taxes: +€1,550
- Other debts -€2,836
down €2,836 (-86.6%), from €3,274 to €439
- Advances received +€2,650
new in 2025: €2,650
- Depreciation +€384
up €384 (+354%), from €108 to €493
- Gross operating margin -€217
down €217 (-3.6%), from €5,957 to €5,740
- Other operating charges +€198
up €198 (+96.9%), from €204 to €402
- Financial charges +€132
up €132 (+367%), from €36 to €168
- Taxes -€62
down €62 (-5.4%), from €1,163 to €1,100
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 | €25,776 | €20,230 | -€5,546 | -21.5% |
| Fixed assets | 21/28 | €1,370 | €877 | -€493 | -36.0% |
| Tangible fixed assets | 22/27 | €1,370 | €877 | -€493 | -36.0% |
| Furniture and vehicles | 24 | €1,370 | €877 | -€493 | -36.0% |
| Current assets | 29/58 | €24,406 | €19,353 | -€5,053 | -20.7% |
| Amounts receivable within one year | 40/41 | €22,852 | €18,266 | -€4,586 | -20.1% |
| Trade receivables | 40 | €17,675 | €12,555 | -€5,121 | -29.0% |
| Other amounts receivable | 41 | €5,177 | €5,711 | +€534 | +10.3% |
| Cash at bank and in hand | 54/58 | €589 | €72 | -€517 | -87.8% |
| Deferred charges and accrued income | 490/1 | €965 | €1,016 | +€51 | +5.2% |
| Total equity and liabilities | 10/49 | €25,776 | €20,230 | -€5,546 | -21.5% |
| Equity | 10/15 | €7,446 | €11,022 | +€3,576 | +48.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,446 | €8,022 | +€3,576 | +80.4% |
| Distributable reserves | 133 | €4,446 | €8,022 | +€3,576 | +80.4% |
| Amounts payable | 17/49 | €18,330 | €9,208 | -€9,122 | -49.8% |
| Amounts payable within one year | 42/48 | €18,330 | €9,208 | -€9,122 | -49.8% |
| Trade debts | 44 | €13,683 | €1,767 | -€11,916 | -87.1% |
| Suppliers | 440/4 | €13,683 | €1,767 | -€11,916 | -87.1% |
| Advances received on contracts in progress | 46 | - | €2,650 | +€2,650 | |
| Taxes, remuneration and social security | 45 | €1,373 | €4,353 | +€2,980 | +217% |
| Taxes | 450/3 | €1,373 | €2,923 | +€1,550 | +113% |
| Remuneration and social security | 454/9 | - | €1,430 | +€1,430 | |
| Other amounts payable | 47/48 | €3,274 | €439 | -€2,836 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108 | €493 | +€384 | +354% |
| Other operating charges | 640/8 | €204 | €402 | +€198 | +96.9% |
| Gross operating margin | 9900 | €5,957 | €5,740 | -€217 | -3.6% |
| Operating profit (loss) | 9901 | €5,645 | €4,845 | -€800 | -14.2% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €36 | €168 | +€132 | +367% |
| Recurring financial charges | 65 | €36 | €168 | +€132 | +367% |
| Profit (loss) for the period before taxes | 9903 | €5,609 | €4,677 | -€932 | -16.6% |
| Income taxes | 67/77 | €1,163 | €1,100 | -€62 | -5.4% |
| Profit (loss) for the period | 9904 | €4,446 | €3,576 | -€870 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,446 | €3,576 | -€870 | -19.6% |
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 26 October 2026 via checked.be.