BrS Projects: 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 Projects
Largest movements
- Tangible fixed assets -€10,452
down €10,452 (-31.0%), from €33,710 to €23,258
of which Furniture and vehicles: -€10,529
- Receivables within one year +€2,899
up €2,899 (+14.7%), from €19,761 to €22,660
of which Other amounts receivable: +€5,703
- Cash +€1,582
new in 2025: €1,582
mainly Net result for the year (+€13,742) and Depreciation (+€10,530)
- Profit (loss) carried forward +€13,742
up €13,742, from -€1,779 to €11,962
- Debts after one year -€11,032
down €11,032 (-43.9%), from €25,128 to €14,096
- Trade debts -€4,492
down €4,492 (-81.4%), from €5,516 to €1,025
- Short-term financial debts -€4,071
down €4,071 (-100.0%), from €4,071 to €0
- Depreciation -€8,773
down €8,773 (-45.4%), from €19,303 to €10,530
- Gross operating margin +€8,008
up €8,008 (+35.3%), from €22,696 to €30,704
- Taxes +€2,836
up €2,836 (+189.0%), from €1,500 to €4,336
- Financial charges -€589
down €589 (-23.0%), from €2,561 to €1,972
- Other operating charges -€579
down €579 (-47.3%), from €1,224 to €646
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 | €54,364 | €48,472 | -€5,893 | -10.8% |
| Fixed assets | 21/28 | €33,710 | €23,258 | -€10,452 | -31.0% |
| Tangible fixed assets | 22/27 | €33,710 | €23,258 | -€10,452 | -31.0% |
| Plant, machinery and equipment | 23 | - | €77 | +€77 | |
| Furniture and vehicles | 24 | €33,710 | €23,181 | -€10,529 | -31.2% |
| Current assets | 29/58 | €20,654 | €25,214 | +€4,559 | +22.1% |
| Amounts receivable within one year | 40/41 | €19,761 | €22,660 | +€2,899 | +14.7% |
| Trade receivables | 40 | €13,726 | €10,922 | -€2,804 | -20.4% |
| Other amounts receivable | 41 | €6,036 | €11,738 | +€5,703 | +94.5% |
| Cash at bank and in hand | 54/58 | - | €1,582 | +€1,582 | |
| Deferred charges and accrued income | 490/1 | €893 | €972 | +€79 | +8.8% |
| Total equity and liabilities | 10/49 | €54,364 | €48,472 | -€5,893 | -10.8% |
| Equity | 10/15 | -€779 | €12,962 | +€13,742 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,779 | €11,962 | +€13,742 | |
| Amounts payable | 17/49 | €55,144 | €35,509 | -€19,634 | -35.6% |
| Amounts payable after more than one year | 17 | €25,128 | €14,096 | -€11,032 | -43.9% |
| Financial debts | 170/4 | €25,128 | €14,096 | -€11,032 | -43.9% |
| Amounts payable within one year | 42/48 | €30,016 | €21,413 | -€8,602 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €10,819 | €11,032 | +€213 | +2.0% |
| Financial debts | 43 | €4,071 | €0 | -€4,071 | -100.0% |
| Credit institutions | 430/8 | €4,071 | €0 | -€4,071 | -100.0% |
| Trade debts | 44 | €5,516 | €1,025 | -€4,492 | -81.4% |
| Suppliers | 440/4 | €5,516 | €1,025 | -€4,492 | -81.4% |
| Taxes, remuneration and social security | 45 | €9,609 | €9,357 | -€252 | -2.6% |
| Taxes | 450/3 | €6,520 | €9,357 | +€2,836 | +43.5% |
| Remuneration and social security | 454/9 | €3,089 | €0 | -€3,089 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,303 | €10,530 | -€8,773 | -45.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €155 | €0 | -€155 | -100.0% |
| Other operating charges | 640/8 | €1,224 | €646 | -€579 | -47.3% |
| Gross operating margin | 9900 | €22,696 | €30,704 | +€8,008 | +35.3% |
| Operating profit (loss) | 9901 | €2,014 | €19,528 | +€17,514 | +869.7% |
| Financial income | 75/76B | €268 | €521 | +€253 | +94.1% |
| Recurring financial income | 75 | €268 | €521 | +€253 | +94.1% |
| Financial charges | 65/66B | €2,561 | €1,972 | -€589 | -23.0% |
| Recurring financial charges | 65 | €2,561 | €1,972 | -€589 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | -€279 | €18,077 | +€18,356 | |
| Income taxes | 67/77 | €1,500 | €4,336 | +€2,836 | +189.0% |
| Profit (loss) for the period | 9904 | -€1,779 | €13,742 | +€15,521 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,779 | €13,742 | +€15,521 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.