BRICKX R.: 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
BRICKX R.
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€80,369
2024 · -€19,367-€61,002
Equity
€642,459
2024 · €722,828-€80,369
Cash
€2,271
2024 · €1,781+€491
Balance sheet total
€1.7m
2024 · €1.7m-€34,127
Largest movements
Assets
- Receivables within one year -€88,036
down €88,036 (-8.6%), from €1.0m to €940,501
of which Other amounts receivable: -€179,000
- Tangible fixed assets +€53,099
up €53,099 (+8.2%), from €649,435 to €702,534
Equity and liabilities
- Reserves -€49,704
down €49,704 (-8.7%), from €572,872 to €523,167
of which Tax-exempt reserves: -€49,704
- Debts after one year +€33,513
up €33,513 (+7.9%), from €422,845 to €456,359
of which Financial debts: +€32,913
- Profit (loss) carried forward -€30,665
down €30,665 (-34.9%), from €87,876 to €57,211
Income statement
- Depreciation +€56,652
up €56,652 (+229%), from €24,699 to €81,351
- Financial charges +€12,241
up €12,241 (+184%), from €6,652 to €18,893
- Other operating charges -€5,812
down €5,812 (-34.5%), from €16,841 to €11,029
- Gross operating margin +€712
up €712 (+5.2%), from €13,623 to €14,334
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.
Result 2024
-€19,367
Gross operating margin
+€712
Depreciation
-€56,652
Other operating charges
+€5,812
Financial income
-€10
Financial charges
-€12,241
Taxes
+€3
Deferred taxes and other
+€1,374
Result 2025
-€80,369
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€100,393
Investment
-€133,745
Financing
+€33,843
Cash 2024
€1,781
From operations (derived)
+€100,393
Net result for the year
-€80,369
Depreciation
+€81,351
Receivables within one year
+€88,036
Deferred charges and accrued income
-€1,023
Provisions
-€16,568
Trade debts
+€16,204
Tax, wage and social debts
-€720
Other debts
+€12,533
Accrued charges and deferred income
+€950
Investment (derived)
-€133,745
Investment in fixed assets (net)
-€133,745
Financing
+€33,843
Debts after one year
+€33,513
Current portion of long-term debt
+€2,334
Short-term financial debts
-€2,004
Cash 2025
€2,271
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,688,455 | €1,654,328 | -€34,127 | -2.0% |
| Formation expenses | 20 | €705 | - | -€705 | |
| Fixed assets | 21/28 | €649,435 | €702,534 | +€53,099 | +8.2% |
| Tangible fixed assets | 22/27 | €649,435 | €702,534 | +€53,099 | +8.2% |
| Land and buildings | 22 | €649,435 | €702,534 | +€53,099 | +8.2% |
| Current assets | 29/58 | €1,038,315 | €951,794 | -€86,522 | -8.3% |
| Stocks and contracts in progress | 3 | €7,956 | €7,956 | = | 0.0% |
| Stocks | 30/36 | €7,956 | €7,956 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,028,536 | €940,501 | -€88,036 | -8.6% |
| Trade receivables | 40 | €19,929 | €110,894 | +€90,964 | +456% |
| Other amounts receivable | 41 | €1,008,607 | €829,607 | -€179,000 | -17.7% |
| Cash at bank and in hand | 54/58 | €1,781 | €2,271 | +€491 | +27.6% |
| Deferred charges and accrued income | 490/1 | €43 | €1,066 | +€1,023 | +2,401% |
| Total equity and liabilities | 10/49 | €1,688,455 | €1,654,328 | -€34,127 | -2.0% |
| Equity | 10/15 | €722,828 | €642,459 | -€80,369 | -11.1% |
| Contributions | 10/11 | €62,080 | €62,080 | = | 0.0% |
| Reserves | 13 | €572,872 | €523,167 | -€49,704 | -8.7% |
| Non-distributable reserves | 130/1 | €5,662 | €5,662 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,662 | €5,662 | = | 0.0% |
| Tax-exempt reserves | 132 | €564,329 | €514,625 | -€49,704 | -8.8% |
| Distributable reserves | 133 | €2,881 | €2,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,876 | €57,211 | -€30,665 | -34.9% |
| Provisions and deferred taxes | 16 | €204,928 | €188,360 | -€16,568 | -8.1% |
| Deferred taxes | 168 | €204,928 | €188,360 | -€16,568 | -8.1% |
| Amounts payable | 17/49 | €760,699 | €823,509 | +€62,810 | +8.3% |
| Amounts payable after more than one year | 17 | €422,845 | €456,359 | +€33,513 | +7.9% |
| Financial debts | 170/4 | €422,845 | €455,759 | +€32,913 | +7.8% |
| Other amounts payable | 178/9 | - | €600 | +€600 | |
| Amounts payable within one year | 42/48 | €337,854 | €366,200 | +€28,346 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €14,753 | €17,087 | +€2,334 | +15.8% |
| Financial debts | 43 | €2,004 | - | -€2,004 | |
| Credit institutions | 430/8 | €2,004 | - | -€2,004 | |
| Trade debts | 44 | €27,436 | €43,640 | +€16,204 | +59.1% |
| Suppliers | 440/4 | €27,436 | €43,640 | +€16,204 | +59.1% |
| Taxes, remuneration and social security | 45 | €9,604 | €8,883 | -€720 | -7.5% |
| Taxes | 450/3 | €9,604 | €8,883 | -€720 | -7.5% |
| Other amounts payable | 47/48 | €284,057 | €296,590 | +€12,533 | +4.4% |
| Accrued charges and deferred income | 492/3 | - | €950 | +€950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,699 | €81,351 | +€56,652 | +229% |
| Other operating charges | 640/8 | €16,841 | €11,029 | -€5,812 | -34.5% |
| Gross operating margin | 9900 | €13,623 | €14,334 | +€712 | +5.2% |
| Operating profit (loss) | 9901 | -€27,918 | -€78,046 | -€50,128 | -180% |
| Financial income | 75/76B | €12 | €2 | -€10 | -82.2% |
| Recurring financial income | 75 | €12 | €2 | -€10 | -82.2% |
| Financial charges | 65/66B | €6,652 | €18,893 | +€12,241 | +184% |
| Recurring financial charges | 65 | €6,652 | €18,893 | +€12,241 | +184% |
| Profit (loss) for the period before taxes | 9903 | -€34,558 | -€96,937 | -€62,379 | -181% |
| Transfer from deferred taxes | 780 | €15,195 | €16,568 | +€1,374 | +9.0% |
| Income taxes | 67/77 | €4 | €1 | -€3 | -81.9% |
| Profit (loss) for the period | 9904 | -€19,367 | -€80,369 | -€61,002 | -315% |
| Transfer from tax-exempt reserves | 789 | €5,065 | €49,704 | +€44,639 | +881% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,302 | -€30,665 | -€16,363 | -114% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.