BR GROUP: 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.
BR GROUP
Largest movements
- Receivables within one year +€36,299
up €36,299 (+5.6%), from €645,208 to €681,508
of which Other amounts receivable: +€37,777
- Tax, wage and social debts -€92,251
down €92,251 (-83.0%), from €111,150 to €18,899
of which Taxes: -€93,467
- Other debts +€77,463
up €77,463 (+8.5%), from €910,106 to €987,569
- Profit (loss) carried forward +€21,139
up €21,139 (+2.9%), from €733,744 to €754,883
- Financial income +€150,000
up €150,000 (+25.0%), from €600,000 to €750,000
- Staff costs +€3,142
up €3,142 (+3.2%), from €99,331 to €102,473
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 | €1,979,868 | €1,992,279 | +€12,411 | +0.6% |
| Fixed assets | 21/28 | €1,275,564 | €1,275,160 | -€404 | 0.0% |
| Tangible fixed assets | 22/27 | €404 | €0 | -€404 | -100% |
| Furniture and vehicles | 24 | €404 | €0 | -€404 | -100% |
| Financial fixed assets | 28 | €1,275,160 | €1,275,160 | = | 0.0% |
| Current assets | 29/58 | €704,304 | €717,119 | +€12,815 | +1.8% |
| Amounts receivable within one year | 40/41 | €645,208 | €681,508 | +€36,299 | +5.6% |
| Trade receivables | 40 | €45,208 | €43,731 | -€1,477 | -3.3% |
| Other amounts receivable | 41 | €600,000 | €637,777 | +€37,777 | +6.3% |
| Cash at bank and in hand | 54/58 | €51,692 | €33,012 | -€18,680 | -36.1% |
| Deferred charges and accrued income | 490/1 | €7,403 | €2,599 | -€4,804 | -64.9% |
| Total equity and liabilities | 10/49 | €1,979,868 | €1,992,279 | +€12,411 | +0.6% |
| Equity | 10/15 | €953,744 | €974,883 | +€21,139 | +2.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €733,744 | €754,883 | +€21,139 | +2.9% |
| Amounts payable | 17/49 | €1,026,124 | €1,017,396 | -€8,728 | -0.9% |
| Amounts payable within one year | 42/48 | €1,026,124 | €1,017,396 | -€8,728 | -0.9% |
| Trade debts | 44 | €4,868 | €10,929 | +€6,060 | +124% |
| Suppliers | 440/4 | €4,868 | €10,929 | +€6,060 | +124% |
| Taxes, remuneration and social security | 45 | €111,150 | €18,899 | -€92,251 | -83.0% |
| Taxes | 450/3 | €95,029 | €1,561 | -€93,467 | -98.4% |
| Remuneration and social security | 454/9 | €16,121 | €17,337 | +€1,216 | +7.5% |
| Other amounts payable | 47/48 | €910,106 | €987,569 | +€77,463 | +8.5% |
| Remuneration, social security and pensions | 62 | €99,331 | €102,473 | +€3,142 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,486 | €404 | -€1,082 | -72.8% |
| Other operating charges | 640/8 | €2 | - | -€2 | |
| Gross operating margin | 9900 | €132,101 | €131,740 | -€362 | -0.3% |
| Operating profit (loss) | 9901 | €31,283 | €28,863 | -€2,420 | -7.7% |
| Financial income | 75/76B | €600,000 | €750,000 | +€150,000 | +25.0% |
| Recurring financial income | 75 | €600,000 | €750,000 | +€150,000 | +25.0% |
| Financial charges | 65/66B | €21 | - | -€21 | |
| Recurring financial charges | 65 | €21 | - | -€21 | |
| Profit (loss) for the period before taxes | 9903 | €631,262 | €778,863 | +€147,600 | +23.4% |
| Income taxes | 67/77 | €8,522 | €7,723 | -€799 | -9.4% |
| Profit (loss) for the period | 9904 | €622,740 | €771,139 | +€148,399 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €622,740 | €771,139 | +€148,399 | +23.8% |
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 25 October 2026 via checked.be.