BREVISCO: 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.
BREVISCO
Largest movements
- Intangible fixed assets +€104,334
up €104,334 (+72.8%), from €143,415 to €247,749
- Current assets +€100,602
up €100,602 (+27.2%), from €369,533 to €470,135
of which Cash: +€53,972
- Tangible fixed assets -€59,079
down €59,079 (-16.3%), from €362,894 to €303,815
- Equity +€328,773
up €328,773 (+140%), from €235,133 to €563,906
of which Profit (loss) carried forward: +€331,585
- Debts -€186,160
down €186,160 (-28.5%), from €654,045 to €467,885
of which Debts after one year: -€326,198
- Gross operating margin +€310,950
up €310,950 (+366%), from €85,008 to €395,958
- Depreciation +€16,292
up €16,292 (+22.9%), from €71,068 to €87,360
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €889,178 | €1,031,791 | +€142,612 | +16.0% |
| Fixed assets | 21/28 | €519,646 | €561,656 | +€42,010 | +8.1% |
| Intangible fixed assets | 21 | €143,415 | €247,749 | +€104,334 | +72.8% |
| Tangible fixed assets | 22/27 | €362,894 | €303,815 | -€59,079 | -16.3% |
| Financial fixed assets | 28 | €13,337 | €10,092 | -€3,245 | -24.3% |
| Current assets | 29/58 | €369,533 | €470,135 | +€100,602 | +27.2% |
| Amounts receivable within one year | 40/41 | €298,501 | €334,540 | +€36,039 | +12.1% |
| Cash at bank and in hand | 54/58 | €66,693 | €120,665 | +€53,972 | +80.9% |
| Total equity and liabilities | 10/49 | €889,178 | €1,031,791 | +€142,612 | +16.0% |
| Equity | 10/15 | €235,133 | €563,906 | +€328,773 | +140% |
| Reserves | 13 | €7,966 | €7,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€384,470 | -€52,884 | +€331,585 | +86.2% |
| Amounts payable | 17/49 | €654,045 | €467,885 | -€186,160 | -28.5% |
| Amounts payable after more than one year | 17 | €419,831 | €93,633 | -€326,198 | -77.7% |
| Amounts payable within one year | 42/48 | €231,778 | €373,136 | +€141,358 | +61.0% |
| Trade debts | 44 | €187,617 | €309,318 | +€121,701 | +64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,068 | €87,360 | +€16,292 | +22.9% |
| Gross operating margin | 9900 | €85,008 | €395,958 | +€310,950 | +366% |
| Operating profit (loss) | 9901 | -€103,927 | €132,398 | +€236,326 | |
| Recurring financial income | 75 | €3,861 | €2,875 | -€986 | -25.5% |
| Recurring financial charges | 65 | €2,762 | €3,688 | +€927 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | -€102,828 | €131,585 | +€234,413 | |
| Profit (loss) for the period | 9904 | -€102,828 | €131,585 | +€234,413 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,828 | €131,585 | +€234,413 |
Source: filed annual accounts (NBB), financial years ended 31 March 2020 and 31 March 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.