BRSN: what changed
Two fiscal 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.
BRSN
Largest movements
- Receivables within one year -€269
down €269 (-48.1%), from €560 to €291
- Deferred charges and accrued income +€70
up €70 (+12.1%), from €576 to €646
- Tangible fixed assets -€41
down €41 (-100.0%), from €41 to €0
- Cash -€18
down €18 (-5.5%), from €324 to €307
mainly Other debts (-€21,090) and Deferred charges and accrued income (-€70)
- Other debts -€21,090
down €21,090 (-25.1%), from €83,939 to €62,849
- Profit (loss) carried forward +€19,566
up €19,566 (+19.0%), from -€103,030 to -€83,465
- Trade debts +€1,026
up €1,026 (+248.0%), from €414 to €1,440
- Tax, wage and social debts +€240
up €240 (+134.5%), from €178 to €418
- Gross operating margin +€28,096
up €28,096, from -€7,135 to €20,961
- Other operating charges -€278
down €278 (-30.3%), from €918 to €639
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 | €1,501 | €1,243 | -€258 | -17.2% |
| Fixed assets | 21/28 | €41 | €0 | -€41 | -100.0% |
| Tangible fixed assets | 22/27 | €41 | €0 | -€41 | -100.0% |
| Furniture and vehicles | 24 | €41 | €0 | -€41 | -100.0% |
| Current assets | 29/58 | €1,460 | €1,243 | -€217 | -14.9% |
| Amounts receivable within one year | 40/41 | €560 | €291 | -€269 | -48.1% |
| Other amounts receivable | 41 | €560 | €291 | -€269 | -48.1% |
| Cash at bank and in hand | 54/58 | €324 | €307 | -€18 | -5.5% |
| Deferred charges and accrued income | 490/1 | €576 | €646 | +€70 | +12.1% |
| Total equity and liabilities | 10/49 | €1,501 | €1,243 | -€258 | -17.2% |
| Equity | 10/15 | -€83,030 | -€63,465 | +€19,566 | +23.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,030 | -€83,465 | +€19,566 | +19.0% |
| Amounts payable | 17/49 | €84,531 | €64,707 | -€19,824 | -23.5% |
| Amounts payable within one year | 42/48 | €84,531 | €64,707 | -€19,824 | -23.5% |
| Trade debts | 44 | €414 | €1,440 | +€1,026 | +248.0% |
| Suppliers | 440/4 | €414 | €1,440 | +€1,026 | +248.0% |
| Taxes, remuneration and social security | 45 | €178 | €418 | +€240 | +134.5% |
| Taxes | 450/3 | €178 | €418 | +€240 | +134.5% |
| Other amounts payable | 47/48 | €83,939 | €62,849 | -€21,090 | -25.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91 | €41 | -€49 | -54.5% |
| Other operating charges | 640/8 | €918 | €639 | -€278 | -30.3% |
| Non-recurring operating charges | 66A | €1,099 | €0 | -€1,099 | -100.0% |
| Gross operating margin | 9900 | -€7,135 | €20,961 | +€28,096 | |
| Operating profit (loss) | 9901 | -€9,243 | €20,280 | +€29,523 | |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €635 | €542 | -€93 | -14.6% |
| Recurring financial charges | 65 | €635 | €542 | -€93 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,877 | €19,738 | +€29,616 | |
| Income taxes | 67/77 | €178 | €173 | -€6 | -3.2% |
| Profit (loss) for the period | 9904 | -€10,056 | €19,566 | +€29,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,056 | €19,566 | +€29,622 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.