BriCapital: 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.
What changed
BriCapital
NACE 64.210, Activities of holding companies
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€481,691
2025 · €522,116-€40,424
Equity
€47.9m
2025 · €48.5m-€518,309
Cash
€46,890
2025 · €300,399-€253,509
Balance sheet total
€53.2m
2025 · €53.5m-€282,020
Largest movements
Assets
- Current investments -€1.4m
down €1.4m (-10.9%), from €12.8m to €11.4m
- Receivables after one year +€1.0m
new in 2026: €1.0m
Equity and liabilities
- Short-term financial debts +€1.0m
new in 2026: €1.0m
- Debts after one year -€941,833
down €941,833 (-39.3%), from €2.4m to €1.5m
Income statement
No income-statement line moved by more than 1% of the activity.
From the 2025 result to the 2026 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.
Result 2025
€522,116
Other operating charges
+€1,792
Other operating items
-€49,437
Financial income
+€91,811
Financial charges
+€69,520
Taxes
-€154,110
Result 2026
€481,691
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€585,130
Investment
+€1.3m
Financing
-€941,833
Cash 2025
€300,399
From operations (derived)
-€585,130
Net result for the year
+€481,691
Receivables after one year
-€1.0m
Receivables within one year
-€254,377
Deferred charges and accrued income
+€9,433
Trade debts
-€2,318
Tax, wage and social debts
+€87,000
Other debts
+€105,165
Accrued charges and deferred income
-€11,725
Investment (derived)
+€1.3m
Investment in fixed assets (net)
-€123,106
Current investments
+€1.4m
Financing
-€941,833
Debts after one year
-€941,833
Short-term financial debts
+€1.0m
Contributions, distributions and other
-€1.0m
Cash 2026
€46,890
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,482,299 | €53,200,279 | -€282,020 | -0.5% |
| Fixed assets | 21/28 | €35,788,508 | €35,911,614 | +€123,106 | +0.3% |
| Tangible fixed assets | 22/27 | €35,000 | €98,592 | +€63,592 | +182% |
| Other tangible fixed assets | 26 | €35,000 | €35,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €63,592 | +€63,592 | |
| Financial fixed assets | 28 | €35,753,508 | €35,813,021 | +€59,513 | +0.2% |
| Affiliated companies | 280/1 | €35,753,508 | €35,813,021 | +€59,513 | +0.2% |
| Participating interests | 280 | €35,753,508 | €35,813,021 | +€59,513 | +0.2% |
| Current assets | 29/58 | €17,693,790 | €17,288,665 | -€405,125 | -2.3% |
| Amounts receivable after more than one year | 29 | - | €1,000,000 | +€1.0m | |
| Other amounts receivable | 291 | - | €1,000,000 | +€1.0m | |
| Amounts receivable within one year | 40/41 | €4,424,102 | €4,678,479 | +€254,377 | +5.7% |
| Other amounts receivable | 41 | €4,424,102 | €4,678,479 | +€254,377 | +5.7% |
| Current investments | 50/53 | €12,784,747 | €11,388,187 | -€1.4m | -10.9% |
| Other investments | 51/53 | €12,784,747 | €11,388,187 | -€1.4m | -10.9% |
| Cash at bank and in hand | 54/58 | €300,399 | €46,890 | -€253,509 | -84.4% |
| Deferred charges and accrued income | 490/1 | €184,542 | €175,109 | -€9,433 | -5.1% |
| Total equity and liabilities | 10/49 | €53,482,299 | €53,200,279 | -€282,020 | -0.5% |
| Equity | 10/15 | €48,460,515 | €47,942,207 | -€518,309 | -1.1% |
| Contributions | 10/11 | €29,058,750 | €29,058,750 | = | 0.0% |
| Capital | 10 | €29,058,750 | €29,058,750 | = | 0.0% |
| Issued capital | 100 | €29,058,750 | €29,058,750 | = | 0.0% |
| Reserves | 13 | €2,905,875 | €2,905,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,905,875 | €2,905,875 | = | 0.0% |
| Legal reserve | 130 | €2,905,875 | €2,905,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,495,890 | €15,977,582 | -€518,309 | -3.1% |
| Amounts payable | 17/49 | €5,021,783 | €5,258,072 | +€236,289 | +4.7% |
| Amounts payable after more than one year | 17 | €2,395,500 | €1,453,667 | -€941,833 | -39.3% |
| Financial debts | 170/4 | €2,395,500 | €1,453,667 | -€941,833 | -39.3% |
| Credit institutions | 173 | €2,395,500 | €1,453,667 | -€941,833 | -39.3% |
| Amounts payable within one year | 42/48 | €2,571,524 | €3,761,370 | +€1.2m | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €941,833 | €941,833 | = | 0.0% |
| Financial debts | 43 | - | €1,000,000 | +€1.0m | |
| Credit institutions | 430/8 | - | €1,000,000 | +€1.0m | |
| Trade debts | 44 | €29,690 | €27,372 | -€2,318 | -7.8% |
| Suppliers | 440/4 | €29,690 | €27,372 | -€2,318 | -7.8% |
| Taxes, remuneration and social security | 45 | - | €87,000 | +€87,000 | |
| Taxes | 450/3 | - | €87,000 | +€87,000 | |
| Other amounts payable | 47/48 | €1,600,000 | €1,705,165 | +€105,165 | +6.6% |
| Accrued charges and deferred income | 492/3 | €54,760 | €43,035 | -€11,725 | -21.4% |
| Operating income | 70/76A | - | €13,750 | +€13,750 | |
| Other operating income | 74 | - | €13,750 | +€13,750 | |
| Operating charges | 60/66A | €176,982 | €238,378 | +€61,395 | +34.7% |
| Services and other goods | 61 | €174,072 | €237,259 | +€63,187 | +36.3% |
| Other operating charges | 640/8 | €2,911 | €1,118 | -€1,792 | -61.6% |
| Operating profit (loss) | 9901 | -€176,982 | -€224,628 | -€47,645 | -26.9% |
| Financial income | 75/76B | €908,875 | €1,000,686 | +€91,811 | +10.1% |
| Recurring financial income | 75 | €908,875 | €1,000,686 | +€91,811 | +10.1% |
| Income from current assets | 751 | €869,522 | €312,567 | -€556,955 | -64.1% |
| Other financial income | 752/9 | €39,353 | €688,119 | +€648,766 | +1,649% |
| Financial charges | 65/66B | €234,694 | €165,174 | -€69,520 | -29.6% |
| Recurring financial charges | 65 | €234,694 | €165,174 | -€69,520 | -29.6% |
| Debt charges | 650 | €96,335 | €101,152 | +€4,818 | +5.0% |
| Other financial charges | 652/9 | €138,359 | €64,022 | -€74,337 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €497,199 | €610,884 | +€113,685 | +22.9% |
| Income taxes | 67/77 | -€24,917 | €129,193 | +€154,110 | |
| Taxes | 670/3 | €1,718 | €129,193 | +€127,475 | +7,418% |
| Tax adjustments and reversals of tax provisions | 77 | €26,635 | - | -€26,635 | |
| Profit (loss) for the period | 9904 | €522,116 | €481,691 | -€40,424 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €522,116 | €481,691 | -€40,424 | -7.7% |
Source: filed annual accounts (NBB), financial years ended 31 May 2025 and 31 May 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.