BRICCS: what changed
Two fiscal 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.
BRICCS
Largest movements
- Receivables within one year -€140,954
down €140,954 (-70.4%), from €200,229 to €59,276
of which Trade receivables: -€120,955
- Tangible fixed assets -€69,842
down €69,842 (-52.0%), from €134,280 to €64,438
of which Plant, machinery and equipment: -€64,148
- Trade debts -€117,172
down €117,172 (-49.4%), from €237,013 to €119,841
- Debts after one year -€59,363
down €59,363 (-100.0%), from €59,363 to €0
- Profit (loss) carried forward -€20,357
down €20,357, from €18,982 to -€1,375
- Current portion of long-term debt -€11,834
down €11,834 (-16.6%), from €71,198 to €59,363
- Staff costs -€38,852
down €38,852 (-13.0%), from €299,692 to €260,841
- Gross operating margin +€21,192
up €21,192 (+6.5%), from €326,970 to €348,162
- Financial charges -€5,926
down €5,926 (-19.8%), from €29,946 to €24,019
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €943,865 | €732,504 | -€211,361 | -22.4% |
| Fixed assets | 21/28 | €134,280 | €64,438 | -€69,842 | -52.0% |
| Tangible fixed assets | 22/27 | €134,280 | €64,438 | -€69,842 | -52.0% |
| Land and buildings | 22 | €3,923 | €3,480 | -€443 | -11.3% |
| Plant, machinery and equipment | 23 | €122,581 | €58,433 | -€64,148 | -52.3% |
| Furniture and vehicles | 24 | €3,878 | €1,746 | -€2,133 | -55.0% |
| Other tangible fixed assets | 26 | €3,898 | €780 | -€3,118 | -80.0% |
| Current assets | 29/58 | €809,585 | €668,066 | -€141,519 | -17.5% |
| Stocks and contracts in progress | 3 | €546,062 | €538,715 | -€7,347 | -1.3% |
| Stocks | 30/36 | €546,062 | €538,715 | -€7,347 | -1.3% |
| Amounts receivable within one year | 40/41 | €200,229 | €59,276 | -€140,954 | -70.4% |
| Trade receivables | 40 | €154,118 | €33,162 | -€120,955 | -78.5% |
| Other amounts receivable | 41 | €46,112 | €26,113 | -€19,998 | -43.4% |
| Cash at bank and in hand | 54/58 | €30,380 | €34,935 | +€4,554 | +15.0% |
| Deferred charges and accrued income | 490/1 | €32,914 | €35,140 | +€2,227 | +6.8% |
| Total equity and liabilities | 10/49 | €943,865 | €732,504 | -€211,361 | -22.4% |
| Equity | 10/15 | €219,665 | €199,308 | -€20,357 | -9.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €683 | €683 | = | 0.0% |
| Distributable reserves | 133 | €683 | €683 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,982 | -€1,375 | -€20,357 | |
| Amounts payable | 17/49 | €724,200 | €533,196 | -€191,004 | -26.4% |
| Amounts payable after more than one year | 17 | €59,363 | €0 | -€59,363 | -100.0% |
| Financial debts | 170/4 | €59,363 | €0 | -€59,363 | -100.0% |
| Amounts payable within one year | 42/48 | €664,837 | €533,196 | -€131,641 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €71,198 | €59,363 | -€11,834 | -16.6% |
| Financial debts | 43 | €299,955 | €300,000 | +€45 | 0.0% |
| Credit institutions | 430/8 | €299,955 | €300,000 | +€45 | 0.0% |
| Trade debts | 44 | €237,013 | €119,841 | -€117,172 | -49.4% |
| Suppliers | 440/4 | €237,013 | €119,841 | -€117,172 | -49.4% |
| Taxes, remuneration and social security | 45 | €56,672 | €53,992 | -€2,680 | -4.7% |
| Taxes | 450/3 | €21,942 | €9,667 | -€12,275 | -55.9% |
| Remuneration and social security | 454/9 | €34,730 | €44,325 | +€9,595 | +27.6% |
| Remuneration, social security and pensions | 62 | €299,692 | €260,841 | -€38,852 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,409 | €69,842 | -€1,567 | -2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €695 | -€387 | -€1,082 | |
| Other operating charges | 640/8 | €15,201 | €15,359 | +€158 | +1.0% |
| Gross operating margin | 9900 | €326,970 | €348,162 | +€21,192 | +6.5% |
| Operating profit (loss) | 9901 | -€60,028 | €2,507 | +€62,534 | |
| Financial income | 75/76B | €2,049 | €1,156 | -€893 | -43.6% |
| Recurring financial income | 75 | €2,049 | €1,156 | -€893 | -43.6% |
| Financial charges | 65/66B | €29,946 | €24,019 | -€5,926 | -19.8% |
| Recurring financial charges | 65 | €29,946 | €24,019 | -€5,926 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€87,924 | -€20,357 | +€67,568 | +76.8% |
| Profit (loss) for the period | 9904 | -€87,924 | -€20,357 | +€67,568 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,924 | -€20,357 | +€67,568 | +76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.