BRICAT: 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.
BRICAT
Largest movements
- Tangible fixed assets -€101,176
down €101,176 (-30.6%), from €330,635 to €229,460
of which Plant, machinery and equipment: -€57,466
- Financial fixed assets +€72,000
up €72,000 (+17.6%), from €408,414 to €480,414
- Cash -€50,130
down €50,130 (-45.3%), from €110,645 to €60,516
mainly Debts after one year (-€121,127) and Trade debts (-€73,530)
- Debts after one year -€121,127
down €121,127 (-18.8%), from €643,430 to €522,303
of which Financial debts: -€186,127
- Trade debts -€73,530
down €73,530 (-8.7%), from €845,252 to €771,723
- Profit (loss) carried forward +€51,689
up €51,689 (+38.6%), from -€133,794 to -€82,104
- Short-term financial debts +€34,872
up €34,872 (+8.9%), from €392,439 to €427,311
- Financial income -€172,400
down €172,400 (-99.7%), from €172,922 to €522
- Gross operating margin +€157,768
up €157,768 (+15.8%), from €1.0m to €1.2m
- Staff costs -€31,615
down €31,615 (-3.2%), from €987,062 to €955,447
- Depreciation -€30,222
down €30,222 (-22.8%), from €132,637 to €102,415
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 | €2,197,215 | €2,093,361 | -€103,854 | -4.7% |
| Fixed assets | 21/28 | €739,049 | €709,874 | -€29,176 | -3.9% |
| Tangible fixed assets | 22/27 | €330,635 | €229,460 | -€101,176 | -30.6% |
| Plant, machinery and equipment | 23 | €109,612 | €52,147 | -€57,466 | -52.4% |
| Furniture and vehicles | 24 | €33,516 | €20,683 | -€12,833 | -38.3% |
| Other tangible fixed assets | 26 | €187,507 | €156,630 | -€30,877 | -16.5% |
| Financial fixed assets | 28 | €408,414 | €480,414 | +€72,000 | +17.6% |
| Current assets | 29/58 | €1,458,166 | €1,383,488 | -€74,678 | -5.1% |
| Stocks and contracts in progress | 3 | €1,189,193 | €1,181,856 | -€7,337 | -0.6% |
| Stocks | 30/36 | €1,189,193 | €1,181,856 | -€7,337 | -0.6% |
| Amounts receivable within one year | 40/41 | €156,636 | €139,258 | -€17,378 | -11.1% |
| Trade receivables | 40 | €156,237 | €139,258 | -€16,980 | -10.9% |
| Other amounts receivable | 41 | €399 | €0 | -€399 | -100% |
| Cash at bank and in hand | 54/58 | €110,645 | €60,516 | -€50,130 | -45.3% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,858 | +€167 | +9.9% |
| Total equity and liabilities | 10/49 | €2,197,215 | €2,093,361 | -€103,854 | -4.7% |
| Equity | 10/15 | -€123,794 | -€72,104 | +€51,689 | +41.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,794 | -€82,104 | +€51,689 | +38.6% |
| Amounts payable | 17/49 | €2,321,009 | €2,165,466 | -€155,543 | -6.7% |
| Amounts payable after more than one year | 17 | €643,430 | €522,303 | -€121,127 | -18.8% |
| Financial debts | 170/4 | €508,228 | €322,101 | -€186,127 | -36.6% |
| Trade debts | 175 | €135,202 | €200,202 | +€65,000 | +48.1% |
| Amounts payable within one year | 42/48 | €1,675,659 | €1,639,685 | -€35,973 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €192,398 | €186,072 | -€6,326 | -3.3% |
| Financial debts | 43 | €392,439 | €427,311 | +€34,872 | +8.9% |
| Credit institutions | 430/8 | €392,439 | €427,311 | +€34,872 | +8.9% |
| Trade debts | 44 | €845,252 | €771,723 | -€73,530 | -8.7% |
| Suppliers | 440/4 | €845,252 | €771,723 | -€73,530 | -8.7% |
| Taxes, remuneration and social security | 45 | €209,876 | €217,956 | +€8,080 | +3.8% |
| Taxes | 450/3 | €25,957 | €27,651 | +€1,694 | +6.5% |
| Remuneration and social security | 454/9 | €183,919 | €190,304 | +€6,386 | +3.5% |
| Other amounts payable | 47/48 | €35,693 | €36,623 | +€930 | +2.6% |
| Accrued charges and deferred income | 492/3 | €1,920 | €3,477 | +€1,557 | +81.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €987,062 | €955,447 | -€31,615 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,637 | €102,415 | -€30,222 | -22.8% |
| Other operating charges | 640/8 | €4,958 | €3,471 | -€1,487 | -30.0% |
| Gross operating margin | 9900 | €1,001,165 | €1,158,933 | +€157,768 | +15.8% |
| Operating profit (loss) | 9901 | -€123,491 | €97,601 | +€221,092 | |
| Financial income | 75/76B | €172,922 | €522 | -€172,400 | -99.7% |
| Recurring financial income | 75 | €172,922 | €522 | -€172,400 | -99.7% |
| Financial charges | 65/66B | €48,397 | €45,789 | -€2,608 | -5.4% |
| Recurring financial charges | 65 | €48,397 | €45,789 | -€2,608 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €1,034 | €52,333 | +€51,300 | +4,962% |
| Income taxes | 67/77 | €662 | €644 | -€17 | -2.6% |
| Profit (loss) for the period | 9904 | €372 | €51,689 | +€51,317 | +13,787% |
| Profit (loss) for the period to be appropriated | 9905 | €372 | €51,689 | +€51,317 | +13,787% |
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 15 October 2026 via checked.be.