Skip to content

Brickvalue: 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.

What changed

Brickvalue

BE 0748.467.044
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€914
2024 · €7,466-€8,380
Equity
-€19,203
2024 · -€18,289-€914
Cash
€11,085
2024 · €5,225+€5,860
Balance sheet total
€58,593
2024 · €419,038-€360,446

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€330,026

    no longer reported in 2025 (was €330,026)

  • Receivables within one year -€58,018

    down €58,018 (-79.0%), from €73,461 to €15,444

    of which Trade receivables: -€55,932

  • Deferred charges and accrued income +€27,963

    up €27,963 (+1550.8%), from €1,803 to €29,766

  • Cash +€5,860

    up €5,860 (+112.1%), from €5,225 to €11,085

    mainly Stocks and contracts (+€330,026) and Receivables within one year (+€58,018)

Equity and liabilities
  • Short-term financial debts -€270,000

    no longer reported in 2025 (was €270,000)

  • Debts after one year -€102,658

    down €102,658 (-69.0%), from €148,799 to €46,141

    of which Other amounts payable: -€100,576

  • Trade debts +€14,675

    up €14,675 (+125.6%), from €11,682 to €26,357

Income statement
  • Financial charges -€12,615

    down €12,615 (-45.2%), from €27,916 to €15,301

  • Gross operating margin -€9,233

    down €9,233 (-18.9%), from €48,829 to €39,595

  • Other operating charges -€1,816

    down €1,816 (-46.3%), from €3,922 to €2,106

  • Depreciation -€1,127

    down €1,127 (-12.2%), from €9,199 to €8,072

From the 2024 result to the 2025 result

effect on the 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 2024 €7,466
Gross operating margin -€9,233
Staff costs -€61
Depreciation +€1,127
Other operating charges +€1,816
Other operating items -€14,681
Financial income +€16
Financial charges +€12,615
Taxes +€22
Result 2025 -€914

Cash bridge derived

cash 2024 to 2025

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.

From operations +€380,283
Investment -€1,847
Financing -€372,577
Cash 2024 €5,225
Net result for the year -€914
Depreciation +€8,072
Stocks and contracts +€330,026
Receivables within one year +€58,018
Deferred charges and accrued income -€27,963
Trade debts +€14,675
Tax, wage and social debts -€2,733
Other debts +€1,103
Investment in fixed assets (net) -€1,847
Debts after one year -€102,658
Current portion of long-term debt +€82
Short-term financial debts -€270,000
Cash 2025 €11,085
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €419,038 €58,593 -€360,446 -86.0%
Fixed assets 21/28 €8,523 €2,298 -€6,225 -73.0%
Intangible fixed assets 21 €2,981 - -€2,981
Tangible fixed assets 22/27 €5,542 €2,298 -€3,244 -58.5%
Plant, machinery and equipment 23 - €1,788 +€1,788
Furniture and vehicles 24 €5,542 €510 -€5,032 -90.8%
Current assets 29/58 €410,515 €56,295 -€354,220 -86.3%
Stocks and contracts in progress 3 €330,026 - -€330,026
Stocks 30/36 €330,026 - -€330,026
Amounts receivable within one year 40/41 €73,461 €15,444 -€58,018 -79.0%
Trade receivables 40 €71,376 €15,444 -€55,932 -78.4%
Other amounts receivable 41 €2,086 - -€2,086
Cash at bank and in hand 54/58 €5,225 €11,085 +€5,860 +112.1%
Deferred charges and accrued income 490/1 €1,803 €29,766 +€27,963 +1550.8%
Total equity and liabilities 10/49 €419,038 €58,593 -€360,446 -86.0%
Equity 10/15 -€18,289 -€19,203 -€914 -5.0%
Contributions 10/11 €70,000 €70,000 = 0.0%
Profit (loss) carried forward 14 -€88,289 -€89,203 -€914 -1.0%
Amounts payable 17/49 €437,327 €77,796 -€359,532 -82.2%
Amounts payable after more than one year 17 €148,799 €46,141 -€102,658 -69.0%
Financial debts 170/4 €6,891 €4,809 -€2,083 -30.2%
Other amounts payable 178/9 €141,908 €41,332 -€100,576 -70.9%
Amounts payable within one year 42/48 €288,528 €31,655 -€256,874 -89.0%
Current portion of amounts payable after more than one year 42 €2,001 €2,083 +€82 +4.1%
Financial debts 43 €270,000 - -€270,000
Credit institutions 430/8 €270,000 - -€270,000
Trade debts 44 €11,682 €26,357 +€14,675 +125.6%
Suppliers 440/4 €11,682 €26,357 +€14,675 +125.6%
Taxes, remuneration and social security 45 €4,631 €1,898 -€2,733 -59.0%
Taxes 450/3 €4,631 €1,898 -€2,733 -59.0%
Other amounts payable 47/48 €215 €1,318 +€1,103 +513.0%
Remuneration, social security and pensions 62 €109 €170 +€61 +56.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,199 €8,072 -€1,127 -12.2%
Other operating charges 640/8 €3,922 €2,106 -€1,816 -46.3%
Non-recurring operating charges 66A - €14,681 +€14,681
Gross operating margin 9900 €48,829 €39,595 -€9,233 -18.9%
Operating profit (loss) 9901 €35,599 €14,566 -€21,033 -59.1%
Financial income 75/76B €0 €16 +€16 +17533.3%
Recurring financial income 75 €0 €16 +€16 +17533.3%
Financial charges 65/66B €27,916 €15,301 -€12,615 -45.2%
Recurring financial charges 65 €27,916 €15,301 -€12,615 -45.2%
Profit (loss) for the period before taxes 9903 €7,683 -€719 -€8,402
Income taxes 67/77 €217 €195 -€22 -10.1%
Profit (loss) for the period 9904 €7,466 -€914 -€8,380
Profit (loss) for the period to be appropriated 9905 €7,466 -€914 -€8,380

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 29 September 2026 via checked.be.