BRS International: 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 International
Largest movements
- Tangible fixed assets +€20,961
up €20,961 (+35.0%), from €59,842 to €80,803
of which Plant, machinery and equipment: +€17,372
- Cash -€6,163
down €6,163 (-27.3%), from €22,609 to €16,446
mainly Investment in fixed assets (net) (-€27,525) and Trade debts (-€14,051)
- Profit (loss) carried forward +€20,401
up €20,401 (+72.0%), from -€28,350 to -€7,949
- Trade debts -€14,051
down €14,051 (-14.2%), from €99,044 to €84,993
- Tax, wage and social debts +€5,064
up €5,064 (+55.0%), from €9,208 to €14,271
- Other debts +€2,976
new in 2026: €2,976
- Gross operating margin +€20,707
up €20,707 (+122%), from €16,968 to €37,675
- Taxes +€5,064
up €5,064 (+62.9%), from €8,052 to €13,116
- Depreciation -€3,157
down €3,157 (-32.5%), from €9,721 to €6,564
- Financial income -€1,534
down €1,534 (-22.7%), from €6,763 to €5,228
- Financial charges +€1,227
up €1,227 (+362%), from €339 to €1,566
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,428 | €228,842 | +€14,414 | +6.7% |
| Fixed assets | 21/28 | €59,842 | €80,803 | +€20,961 | +35.0% |
| Tangible fixed assets | 22/27 | €59,842 | €80,803 | +€20,961 | +35.0% |
| Plant, machinery and equipment | 23 | €35,117 | €52,489 | +€17,372 | +49.5% |
| Furniture and vehicles | 24 | €23,085 | €27,084 | +€3,999 | +17.3% |
| Other tangible fixed assets | 26 | €1,640 | €1,230 | -€410 | -25.0% |
| Current assets | 29/58 | €154,586 | €148,039 | -€6,547 | -4.2% |
| Amounts receivable within one year | 40/41 | €130,489 | €130,237 | -€252 | -0.2% |
| Trade receivables | 40 | €25,194 | €47,077 | +€21,883 | +86.9% |
| Other amounts receivable | 41 | €105,296 | €83,160 | -€22,135 | -21.0% |
| Cash at bank and in hand | 54/58 | €22,609 | €16,446 | -€6,163 | -27.3% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,356 | -€132 | -8.9% |
| Total equity and liabilities | 10/49 | €214,428 | €228,842 | +€14,414 | +6.7% |
| Equity | 10/15 | -€7,890 | €12,511 | +€20,401 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,350 | -€7,949 | +€20,401 | +72.0% |
| Provisions and deferred taxes | 16 | €110,288 | €110,288 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €110,288 | €110,288 | = | 0.0% |
| Pensions and similar obligations | 160 | €110,288 | €110,288 | = | 0.0% |
| Amounts payable | 17/49 | €112,030 | €106,043 | -€5,987 | -5.3% |
| Amounts payable within one year | 42/48 | €109,447 | €102,240 | -€7,207 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €1,196 | - | -€1,196 | |
| Trade debts | 44 | €99,044 | €84,993 | -€14,051 | -14.2% |
| Suppliers | 440/4 | €99,044 | €84,993 | -€14,051 | -14.2% |
| Taxes, remuneration and social security | 45 | €9,208 | €14,271 | +€5,064 | +55.0% |
| Taxes | 450/3 | €9,208 | €14,271 | +€5,064 | +55.0% |
| Other amounts payable | 47/48 | - | €2,976 | +€2,976 | |
| Accrued charges and deferred income | 492/3 | €2,582 | €3,803 | +€1,220 | +47.3% |
| Remuneration, social security and pensions | 62 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,721 | €6,564 | -€3,157 | -32.5% |
| Other operating charges | 640/8 | €1,135 | €1,220 | +€86 | +7.5% |
| Gross operating margin | 9900 | €16,968 | €37,675 | +€20,707 | +122% |
| Operating profit (loss) | 9901 | €6,113 | €29,854 | +€23,742 | +388% |
| Financial income | 75/76B | €6,763 | €5,228 | -€1,534 | -22.7% |
| Recurring financial income | 75 | €6,763 | €5,228 | -€1,534 | -22.7% |
| Financial charges | 65/66B | €339 | €1,566 | +€1,227 | +362% |
| Recurring financial charges | 65 | €339 | €1,566 | +€1,227 | +362% |
| Profit (loss) for the period before taxes | 9903 | €12,537 | €33,517 | +€20,980 | +167% |
| Income taxes | 67/77 | €8,052 | €13,116 | +€5,064 | +62.9% |
| Profit (loss) for the period | 9904 | €4,485 | €20,401 | +€15,916 | +355% |
| Profit (loss) for the period to be appropriated | 9905 | €4,485 | €20,401 | +€15,916 | +355% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.