BRICKS & CLICKS: 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.
BRICKS & CLICKS
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+589.5%), from €195,806 to €1.4m
- Cash +€65,632
up €65,632 (+411.1%), from €15,963 to €81,595
mainly Contributions, distributions and other (+€849,526) and Other debts (+€269,659)
- Revaluation surpluses +€789,726
up €789,726 (+343.4%), from €230,000 to €1.0m
- Other debts +€269,659
new in 2025: €269,659
- Provisions +€116,989
new in 2025: €116,989
- Reserves +€59,800
up €59,800 (+1929.9%), from €3,099 to €62,899
of which Distributable reserves: +€59,800
- Gross operating margin +€30,250
up €30,250, from -€16,973 to €13,277
- Purchases and services +€17,082
new in 2025: €17,082
- Depreciation +€16,877
up €16,877 (+366.9%), from €4,600 to €21,477
- Other operating charges +€915
up €915 (+24.6%), from €3,721 to €4,636
- Financial charges +€184
up €184 (+55.7%), from €329 to €513
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.
Cash bridge derived
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 | €214,450 | €1,434,593 | +€1.2m | +569.0% |
| Fixed assets | 21/28 | €197,476 | €1,351,670 | +€1.2m | +584.5% |
| Tangible fixed assets | 22/27 | €195,806 | €1,350,000 | +€1.2m | +589.5% |
| Land and buildings | 22 | €195,806 | €1,350,000 | +€1.2m | +589.5% |
| Financial fixed assets | 28 | €1,670 | €1,670 | = | 0.0% |
| Current assets | 29/58 | €16,974 | €82,923 | +€65,949 | +388.5% |
| Amounts receivable within one year | 40/41 | €1,010 | €368 | -€642 | -63.6% |
| Trade receivables | 40 | €1,010 | €0 | -€1,010 | -100.0% |
| Other amounts receivable | 41 | - | €368 | +€368 | |
| Cash at bank and in hand | 54/58 | €15,963 | €81,595 | +€65,632 | +411.1% |
| Deferred charges and accrued income | 490/1 | - | €959 | +€959 | |
| Total equity and liabilities | 10/49 | €214,450 | €1,434,593 | +€1.2m | +569.0% |
| Equity | 10/15 | €206,912 | €1,043,088 | +€836,177 | +404.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Revaluation surpluses | 12 | €230,000 | €1,019,726 | +€789,726 | +343.4% |
| Reserves | 13 | €3,099 | €62,899 | +€59,800 | +1929.9% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | - | €59,800 | +€59,800 | |
| Profit (loss) carried forward | 14 | -€88,187 | -€101,536 | -€13,349 | -15.1% |
| Provisions and deferred taxes | 16 | - | €116,989 | +€116,989 | |
| Deferred taxes | 168 | - | €116,989 | +€116,989 | |
| Amounts payable | 17/49 | €7,538 | €274,516 | +€266,977 | +3541.7% |
| Amounts payable after more than one year | 17 | - | €2,700 | +€2,700 | |
| Other amounts payable | 178/9 | - | €2,700 | +€2,700 | |
| Amounts payable within one year | 42/48 | €7,496 | €271,816 | +€264,320 | +3526.4% |
| Trade debts | 44 | €7,496 | €2,157 | -€5,339 | -71.2% |
| Suppliers | 440/4 | €7,496 | €2,157 | -€5,339 | -71.2% |
| Other amounts payable | 47/48 | - | €269,659 | +€269,659 | |
| Accrued charges and deferred income | 492/3 | €43 | €0 | -€43 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,082 | +€17,082 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,600 | €21,477 | +€16,877 | +366.9% |
| Other operating charges | 640/8 | €3,721 | €4,636 | +€915 | +24.6% |
| Gross operating margin | 9900 | -€16,973 | €13,277 | +€30,250 | |
| Operating profit (loss) | 9901 | -€25,294 | -€12,836 | +€12,458 | +49.3% |
| Financial charges | 65/66B | €329 | €513 | +€184 | +55.7% |
| Recurring financial charges | 65 | €329 | €513 | +€184 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,624 | -€13,349 | +€12,275 | +47.9% |
| Profit (loss) for the period | 9904 | -€25,624 | -€13,349 | +€12,275 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,624 | -€13,349 | +€12,275 | +47.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.