BRICOFER: 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.
BRICOFER
Largest movements
- Receivables within one year -€209,621
down €209,621 (-74.6%), from €281,154 to €71,533
of which Trade receivables: -€206,781
- Stocks and contracts -€58,480
down €58,480 (-7.6%), from €764,796 to €706,316
- Tangible fixed assets -€47,306
down €47,306 (-17.2%), from €275,597 to €228,292
of which Plant, machinery and equipment: -€27,761
- Cash -€28,318
down €28,318 (-11.0%), from €256,593 to €228,275
mainly Trade debts (-€214,541) and Net result for the year (-€76,466)
- Trade debts -€214,541
down €214,541 (-57.2%), from €375,045 to €160,505
- Profit (loss) carried forward -€106,466
down €106,466 (-12.5%), from €854,521 to €748,055
- Debts after one year -€33,077
down €33,077 (-24.0%), from €137,933 to €104,856
- Other debts +€30,000
new in 2025: €30,000
- Tax, wage and social debts -€22,130
down €22,130 (-40.7%), from €54,310 to €32,180
of which Taxes: -€11,906
- Staff costs -€89,849
down €89,849 (-29.5%), from €304,523 to €214,674
- Gross operating margin -€50,539
down €50,539 (-17.1%), from €295,203 to €244,664
- Depreciation +€27,702
up €27,702 (+61.5%), from €45,023 to €72,725
- Write-downs +€21,176
up €21,176 (+355.6%), from €5,955 to €27,131
- Financial income +€9,460
up €9,460 (+119.4%), from €7,920 to €17,380
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 | €1,578,304 | €1,234,579 | -€343,725 | -21.8% |
| Fixed assets | 21/28 | €275,760 | €228,455 | -€47,306 | -17.2% |
| Tangible fixed assets | 22/27 | €275,597 | €228,292 | -€47,306 | -17.2% |
| Plant, machinery and equipment | 23 | €224,544 | €196,783 | -€27,761 | -12.4% |
| Furniture and vehicles | 24 | €15,663 | €6,498 | -€9,165 | -58.5% |
| Other tangible fixed assets | 26 | €35,390 | €25,010 | -€10,379 | -29.3% |
| Financial fixed assets | 28 | €163 | €163 | = | 0.0% |
| Current assets | 29/58 | €1,302,544 | €1,006,124 | -€296,420 | -22.8% |
| Stocks and contracts in progress | 3 | €764,796 | €706,316 | -€58,480 | -7.6% |
| Stocks | 30/36 | €764,796 | €706,316 | -€58,480 | -7.6% |
| Amounts receivable within one year | 40/41 | €281,154 | €71,533 | -€209,621 | -74.6% |
| Trade receivables | 40 | €270,978 | €64,198 | -€206,781 | -76.3% |
| Other amounts receivable | 41 | €10,176 | €7,336 | -€2,841 | -27.9% |
| Cash at bank and in hand | 54/58 | €256,593 | €228,275 | -€28,318 | -11.0% |
| Total equity and liabilities | 10/49 | €1,578,304 | €1,234,579 | -€343,725 | -21.8% |
| Equity | 10/15 | €922,721 | €816,255 | -€106,466 | -11.5% |
| 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% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €854,521 | €748,055 | -€106,466 | -12.5% |
| Provisions and deferred taxes | 16 | €53,570 | €53,570 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €53,570 | €53,570 | = | 0.0% |
| Environmental obligations | 163 | €53,570 | €53,570 | = | 0.0% |
| Amounts payable | 17/49 | €602,013 | €364,753 | -€237,259 | -39.4% |
| Amounts payable after more than one year | 17 | €137,933 | €104,856 | -€33,077 | -24.0% |
| Financial debts | 170/4 | €137,933 | €104,856 | -€33,077 | -24.0% |
| Amounts payable within one year | 42/48 | €464,079 | €259,897 | -€204,182 | -44.0% |
| Current portion of amounts payable after more than one year | 42 | €32,182 | €33,077 | +€895 | +2.8% |
| Trade debts | 44 | €375,045 | €160,505 | -€214,541 | -57.2% |
| Suppliers | 440/4 | €375,045 | €160,505 | -€214,541 | -57.2% |
| Advances received on contracts in progress | 46 | €2,543 | €4,135 | +€1,593 | +62.6% |
| Taxes, remuneration and social security | 45 | €54,310 | €32,180 | -€22,130 | -40.7% |
| Taxes | 450/3 | €17,155 | €5,249 | -€11,906 | -69.4% |
| Remuneration and social security | 454/9 | €37,154 | €26,931 | -€10,224 | -27.5% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Remuneration, social security and pensions | 62 | €304,523 | €214,674 | -€89,849 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,023 | €72,725 | +€27,702 | +61.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,955 | €27,131 | +€21,176 | +355.6% |
| Other operating charges | 640/8 | €16,605 | €15,250 | -€1,355 | -8.2% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €295,203 | €244,664 | -€50,539 | -17.1% |
| Operating profit (loss) | 9901 | -€77,154 | -€85,117 | -€7,963 | -10.3% |
| Financial income | 75/76B | €7,920 | €17,380 | +€9,460 | +119.4% |
| Recurring financial income | 75 | €7,920 | €17,380 | +€9,460 | +119.4% |
| Financial charges | 65/66B | €4,867 | €8,728 | +€3,861 | +79.3% |
| Recurring financial charges | 65 | €4,867 | €8,728 | +€3,861 | +79.3% |
| Profit (loss) for the period before taxes | 9903 | -€74,101 | -€76,466 | -€2,365 | -3.2% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | -€74,101 | -€76,466 | -€2,365 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,101 | -€76,466 | -€2,365 | -3.2% |
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 3 October 2026 via checked.be.