BRS Solutions: what changed
BRS Solutions
Largest movements
- Stocks and contracts -€159,390
down €159,390 (-11.1%), from €1.4m to €1.3m
- Receivables within one year +€48,578
up €48,578 (+16.5%), from €294,569 to €343,146
of which Trade receivables: +€47,238
- Cash +€19,202
up €19,202 (+200%), from €9,588 to €28,790
mainly Trade debts (+€773,085) and Debts after one year (+€210,500)
- Profit (loss) carried forward -€1.3m
down €1.3m (-115%), from -€1.1m to -€2.4m
- Trade debts +€773,085
up €773,085 (+506%), from €152,935 to €926,020
- Debts after one year +€210,500
up €210,500 (+15.1%), from €1.4m to €1.6m
- Short-term financial debts +€125,000
new in 2025: €125,000
- Tax, wage and social debts +€59,201
up €59,201 (+61.9%), from €95,624 to €154,825
of which Remuneration and social security: +€39,091
- Purchases and services +€818,546
up €818,546 (+18.9%), from €4.3m to €5.1m
- Turnover +€643,502
up €643,502 (+13.0%), from €4.9m to €5.6m
- Staff costs +€497,332
up €497,332 (+45.4%), from €1.1m to €1.6m
- Gross operating margin -€209,991
down €209,991 (-31.1%), from €675,099 to €465,108
- Financial charges +€64,983
up €64,983 (+102%), from €63,402 to €128,385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,739,948 | €1,654,878 | -€85,070 | -4.9% |
| Fixed assets | 21/28 | - | €6,541 | +€6,541 | |
| Tangible fixed assets | 22/27 | - | €6,541 | +€6,541 | |
| Plant, machinery and equipment | 23 | - | €5,947 | +€5,947 | |
| Furniture and vehicles | 24 | - | €594 | +€594 | |
| Current assets | 29/58 | €1,739,948 | €1,648,337 | -€91,611 | -5.3% |
| Stocks and contracts in progress | 3 | €1,435,792 | €1,276,401 | -€159,390 | -11.1% |
| Stocks | 30/36 | €1,435,792 | €1,276,401 | -€159,390 | -11.1% |
| Amounts receivable within one year | 40/41 | €294,569 | €343,146 | +€48,578 | +16.5% |
| Trade receivables | 40 | €294,419 | €341,656 | +€47,238 | +16.0% |
| Other amounts receivable | 41 | €150 | €1,490 | +€1,340 | +893% |
| Cash at bank and in hand | 54/58 | €9,588 | €28,790 | +€19,202 | +200% |
| Total equity and liabilities | 10/49 | €1,739,948 | €1,654,878 | -€85,070 | -4.9% |
| Equity | 10/15 | €101,139 | -€1,162,913 | -€1.3m | |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,098,861 | -€2,362,913 | -€1.3m | -115% |
| Amounts payable | 17/49 | €1,638,809 | €2,817,791 | +€1.2m | +71.9% |
| Amounts payable after more than one year | 17 | €1,390,000 | €1,600,500 | +€210,500 | +15.1% |
| Other amounts payable | 178/9 | €1,390,000 | €1,600,500 | +€210,500 | +15.1% |
| Amounts payable within one year | 42/48 | €248,558 | €1,209,268 | +€960,710 | +387% |
| Financial debts | 43 | - | €125,000 | +€125,000 | |
| Credit institutions | 430/8 | - | €125,000 | +€125,000 | |
| Trade debts | 44 | €152,935 | €926,020 | +€773,085 | +506% |
| Suppliers | 440/4 | €152,935 | €926,020 | +€773,085 | +506% |
| Taxes, remuneration and social security | 45 | €95,624 | €154,825 | +€59,201 | +61.9% |
| Taxes | 450/3 | €17,348 | €37,458 | +€20,110 | +116% |
| Remuneration and social security | 454/9 | €78,276 | €117,366 | +€39,091 | +49.9% |
| Other amounts payable | 47/48 | - | €3,423 | +€3,423 | |
| Accrued charges and deferred income | 492/3 | €251 | €8,023 | +€7,773 | +3,103% |
| Turnover | 70 | €4,947,490 | €5,590,992 | +€643,502 | +13.0% |
| Non-recurring operating income | 76A | - | €9,481 | +€9,481 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,329,748 | €5,148,294 | +€818,546 | +18.9% |
| Remuneration, social security and pensions | 62 | €1,094,415 | €1,591,747 | +€497,332 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,013 | +€1,013 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,856 | €13,703 | +€7,848 | +134% |
| Gross operating margin | 9900 | €675,099 | €465,108 | -€209,991 | -31.1% |
| Operating profit (loss) | 9901 | -€425,172 | -€1,141,356 | -€716,184 | -168% |
| Financial income | 75/76B | €22,913 | €6,312 | -€16,600 | -72.5% |
| Recurring financial income | 75 | €22,913 | €6,312 | -€16,600 | -72.5% |
| Financial charges | 65/66B | €63,402 | €128,385 | +€64,983 | +102% |
| Recurring financial charges | 65 | €63,402 | €128,385 | +€64,983 | +102% |
| Profit (loss) for the period before taxes | 9903 | -€465,661 | -€1,263,428 | -€797,767 | -171% |
| Income taxes | 67/77 | €145 | €625 | +€480 | +332% |
| Profit (loss) for the period | 9904 | -€465,806 | -€1,264,053 | -€798,247 | -171% |
| Profit (loss) for the period to be appropriated | 9905 | -€465,806 | -€1,264,053 | -€798,247 | -171% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.