BRIART: 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.
BRIART
Largest movements
- Receivables within one year -€52,852
down €52,852 (-6.4%), from €821,158 to €768,306
of which Trade receivables: -€83,776
- Cash -€35,909
down €35,909 (-37.6%), from €95,541 to €59,632
mainly Trade debts (-€119,273) and Debts after one year (-€20,708)
- Tangible fixed assets -€20,061
down €20,061 (-34.6%), from €57,913 to €37,852
of which Plant, machinery and equipment: -€15,973
- Trade debts -€119,273
down €119,273 (-77.6%), from €153,754 to €34,481
- Profit (loss) carried forward +€51,313
up €51,313 (+14.9%), from €344,756 to €396,068
- Debts after one year -€20,708
no longer reported in 2023 (was €20,708)
- Accrued charges and deferred income -€14,748
down €14,748 (-14.9%), from €99,278 to €84,530
- Gross operating margin -€70,398
down €70,398 (-40.3%), from €174,637 to €104,239
- Taxes -€35,799
down €35,799 (-71.8%), from €49,841 to €14,041
- Other operating charges +€1,965
up €1,965 (+62.2%), from €3,157 to €5,122
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,040,485 | €939,789 | -€100,696 | -9.7% |
| Fixed assets | 21/28 | €79,612 | €58,852 | -€20,761 | -26.1% |
| Intangible fixed assets | 21 | €16,100 | €15,400 | -€700 | -4.3% |
| Tangible fixed assets | 22/27 | €57,913 | €37,852 | -€20,061 | -34.6% |
| Land and buildings | 22 | €10,198 | €11,399 | +€1,201 | +11.8% |
| Plant, machinery and equipment | 23 | €42,425 | €26,453 | -€15,973 | -37.6% |
| Furniture and vehicles | 24 | €5,289 | €0 | -€5,289 | -100.0% |
| Financial fixed assets | 28 | €5,600 | €5,600 | = | 0.0% |
| Current assets | 29/58 | €960,873 | €880,938 | -€79,935 | -8.3% |
| Stocks and contracts in progress | 3 | €6,271 | €13,097 | +€6,827 | +108.9% |
| Stocks | 30/36 | €6,271 | €13,097 | +€6,827 | +108.9% |
| Amounts receivable within one year | 40/41 | €821,158 | €768,306 | -€52,852 | -6.4% |
| Trade receivables | 40 | €767,957 | €684,181 | -€83,776 | -10.9% |
| Other amounts receivable | 41 | €53,201 | €84,125 | +€30,924 | +58.1% |
| Current investments | 50/53 | €21,575 | €21,575 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €95,541 | €59,632 | -€35,909 | -37.6% |
| Deferred charges and accrued income | 490/1 | €16,328 | €18,328 | +€1,999 | +12.2% |
| Total equity and liabilities | 10/49 | €1,040,485 | €939,789 | -€100,696 | -9.7% |
| Equity | 10/15 | €612,726 | €664,039 | +€51,313 | +8.4% |
| Contributions | 10/11 | €181,200 | €181,200 | = | 0.0% |
| Capital | 10 | €181,200 | €181,200 | = | 0.0% |
| Issued capital | 100 | €181,200 | €181,200 | = | 0.0% |
| Reserves | 13 | €86,770 | €86,770 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,001 | €18,001 | = | 0.0% |
| Legal reserve | 130 | €18,001 | €18,001 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,500 | €15,500 | = | 0.0% |
| Distributable reserves | 133 | €53,269 | €53,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,756 | €396,068 | +€51,313 | +14.9% |
| Amounts payable | 17/49 | €427,759 | €275,751 | -€152,008 | -35.5% |
| Amounts payable after more than one year | 17 | €20,708 | - | -€20,708 | |
| Financial debts | 170/4 | €20,708 | - | -€20,708 | |
| Amounts payable within one year | 42/48 | €307,773 | €191,220 | -€116,552 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €20,528 | €20,708 | +€180 | +0.9% |
| Trade debts | 44 | €153,754 | €34,481 | -€119,273 | -77.6% |
| Suppliers | 440/4 | €153,754 | €34,481 | -€119,273 | -77.6% |
| Taxes, remuneration and social security | 45 | €43,578 | €48,030 | +€4,452 | +10.2% |
| Taxes | 450/3 | €43,578 | €48,030 | +€4,452 | +10.2% |
| Other amounts payable | 47/48 | €89,912 | €88,002 | -€1,911 | -2.1% |
| Accrued charges and deferred income | 492/3 | €99,278 | €84,530 | -€14,748 | -14.9% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,188 | €27,685 | -€503 | -1.8% |
| Other operating charges | 640/8 | €3,157 | €5,122 | +€1,965 | +62.2% |
| Gross operating margin | 9900 | €174,637 | €104,239 | -€70,398 | -40.3% |
| Operating profit (loss) | 9901 | €143,292 | €71,433 | -€71,859 | -50.1% |
| Financial income | 75/76B | €403 | €374 | -€29 | -7.2% |
| Recurring financial income | 75 | €403 | €374 | -€29 | -7.2% |
| Financial charges | 65/66B | €6,372 | €6,453 | +€81 | +1.3% |
| Recurring financial charges | 65 | €6,372 | €6,453 | +€81 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €137,324 | €65,354 | -€71,969 | -52.4% |
| Income taxes | 67/77 | €49,841 | €14,041 | -€35,799 | -71.8% |
| Profit (loss) for the period | 9904 | €87,483 | €51,313 | -€36,170 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €87,483 | €51,313 | -€36,170 | -41.3% |
Source: filed annual accounts (NBB), financial years ended 28 February 2022 and 28 February 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.