BRIAX: what changed
BRIAX
Largest movements
- Cash +€24,949
up €24,949 (+162%), from €15,433 to €40,382
mainly Net result for the year (+€18,356) and Depreciation (+€17,580)
- Receivables within one year +€22,075
up €22,075 (+33.6%), from €65,636 to €87,711
of which Trade receivables: +€19,308
- Tangible fixed assets -€17,580
down €17,580 (-8.1%), from €216,354 to €198,774
of which Furniture and vehicles: -€10,765
- Stocks and contracts -€10,407
down €10,407 (-25.8%), from €40,371 to €29,964
- Debts after one year -€20,204
down €20,204 (-15.5%), from €130,091 to €109,887
- Reserves +€18,300
up €18,300 (+12.1%), from €150,682 to €168,982
of which Distributable reserves: +€18,300
- Tax, wage and social debts +€16,597
up €16,597 (+158%), from €10,532 to €27,129
of which Taxes: +€13,847
- Trade debts +€9,666
up €9,666 (+21.4%), from €45,233 to €54,899
- Short-term financial debts -€5,427
no longer reported in 2025 (was €5,427)
- Gross operating margin +€19,216
up €19,216 (+55.8%), from €34,455 to €53,671
- Taxes +€6,613
up €6,613 (+341%), from €1,941 to €8,554
- Financial charges -€2,120
down €2,120 (-22.6%), from €9,359 to €7,240
- Other operating charges -€578
down €578 (-18.2%), from €3,167 to €2,590
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 | €384,933 | €404,283 | +€19,350 | +5.0% |
| Fixed assets | 21/28 | €216,629 | €199,049 | -€17,580 | -8.1% |
| Tangible fixed assets | 22/27 | €216,354 | €198,774 | -€17,580 | -8.1% |
| Land and buildings | 22 | €163,310 | €157,794 | -€5,516 | -3.4% |
| Plant, machinery and equipment | 23 | €10,529 | €9,229 | -€1,300 | -12.3% |
| Furniture and vehicles | 24 | €42,515 | €31,750 | -€10,765 | -25.3% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €168,304 | €205,235 | +€36,930 | +21.9% |
| Stocks and contracts in progress | 3 | €40,371 | €29,964 | -€10,407 | -25.8% |
| Stocks | 30/36 | €40,371 | €29,964 | -€10,407 | -25.8% |
| Amounts receivable within one year | 40/41 | €65,636 | €87,711 | +€22,075 | +33.6% |
| Trade receivables | 40 | €54,828 | €74,137 | +€19,308 | +35.2% |
| Other amounts receivable | 41 | €10,807 | €13,575 | +€2,767 | +25.6% |
| Current investments | 50/53 | €46,458 | €46,458 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,433 | €40,382 | +€24,949 | +162% |
| Deferred charges and accrued income | 490/1 | €407 | €720 | +€313 | +77.1% |
| Total equity and liabilities | 10/49 | €384,933 | €404,283 | +€19,350 | +5.0% |
| Equity | 10/15 | €170,609 | €188,965 | +€18,356 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,682 | €168,982 | +€18,300 | +12.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,722 | €15,722 | = | 0.0% |
| Distributable reserves | 133 | €133,100 | €151,400 | +€18,300 | +13.7% |
| Profit (loss) carried forward | 14 | €1,327 | €1,383 | +€56 | +4.2% |
| Amounts payable | 17/49 | €214,324 | €215,318 | +€995 | +0.5% |
| Amounts payable after more than one year | 17 | €130,091 | €109,887 | -€20,204 | -15.5% |
| Financial debts | 170/4 | €130,091 | €109,887 | -€20,204 | -15.5% |
| Amounts payable within one year | 42/48 | €84,233 | €105,431 | +€21,198 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €19,841 | €20,204 | +€363 | +1.8% |
| Financial debts | 43 | €5,427 | - | -€5,427 | |
| Credit institutions | 430/8 | €5,427 | - | -€5,427 | |
| Trade debts | 44 | €45,233 | €54,899 | +€9,666 | +21.4% |
| Suppliers | 440/4 | €45,233 | €54,899 | +€9,666 | +21.4% |
| Advances received on contracts in progress | 46 | €3,200 | €3,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,532 | €27,129 | +€16,597 | +158% |
| Taxes | 450/3 | €10,532 | €24,379 | +€13,847 | +131% |
| Remuneration and social security | 454/9 | - | €2,750 | +€2,750 | |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,836 | €17,580 | -€256 | -1.4% |
| Other operating charges | 640/8 | €3,167 | €2,590 | -€578 | -18.2% |
| Gross operating margin | 9900 | €34,455 | €53,671 | +€19,216 | +55.8% |
| Operating profit (loss) | 9901 | €13,452 | €33,502 | +€20,050 | +149% |
| Financial income | 75/76B | €459 | €648 | +€189 | +41.2% |
| Recurring financial income | 75 | €459 | €648 | +€189 | +41.2% |
| Financial charges | 65/66B | €9,359 | €7,240 | -€2,120 | -22.6% |
| Recurring financial charges | 65 | €9,359 | €7,240 | -€2,120 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €4,551 | €26,910 | +€22,359 | +491% |
| Income taxes | 67/77 | €1,941 | €8,554 | +€6,613 | +341% |
| Profit (loss) for the period | 9904 | €2,610 | €18,356 | +€15,746 | +603% |
| Profit (loss) for the period to be appropriated | 9905 | €2,610 | €18,356 | +€15,746 | +603% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.