BRICOMA: 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.
BRICOMA
Largest movements
- Receivables within one year -€112,774
down €112,774 (-26.7%), from €421,863 to €309,089
of which Other amounts receivable: -€97,867
- Stocks and contracts +€64,797
up €64,797 (+6.5%), from €991,897 to €1.1m
- Tangible fixed assets +€61,025
up €61,025 (+101%), from €60,443 to €121,468
of which Assets under construction and advance payments: +€75,118
- Cash -€19,569
down €19,569 (-42.1%), from €46,522 to €26,953
mainly Investment in fixed assets (net) (-€91,419) and Stocks and contracts (-€64,797)
- Trade debts -€45,172
down €45,172 (-22.7%), from €199,383 to €154,211
- Profit (loss) carried forward +€29,238
up €29,238 (+3.3%), from €899,616 to €928,853
- Gross operating margin -€32,964
down €32,964 (-7.5%), from €438,491 to €405,526
- Other operating charges -€13,727
down €13,727 (-17.9%), from €76,898 to €63,171
- Staff costs +€8,877
up €8,877 (+2.9%), from €301,347 to €310,223
- Taxes -€6,818
down €6,818 (-37.6%), from €18,145 to €11,326
- Financial charges -€5,566
down €5,566 (-41.6%), from €13,366 to €7,800
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,525,914 | €1,524,331 | -€1,584 | -0.1% |
| Fixed assets | 21/28 | €60,443 | €125,218 | +€64,775 | +107% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €60,443 | €121,468 | +€61,025 | +101% |
| Land and buildings | 22 | €26,568 | €23,735 | -€2,833 | -10.7% |
| Plant, machinery and equipment | 23 | €28,084 | €16,879 | -€11,205 | -39.9% |
| Furniture and vehicles | 24 | €5,791 | €5,736 | -€55 | -1.0% |
| Assets under construction and advance payments | 27 | - | €75,118 | +€75,118 | |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €1,465,472 | €1,399,113 | -€66,359 | -4.5% |
| Stocks and contracts in progress | 3 | €991,897 | €1,056,694 | +€64,797 | +6.5% |
| Stocks | 30/36 | €991,897 | €1,056,694 | +€64,797 | +6.5% |
| Amounts receivable within one year | 40/41 | €421,863 | €309,089 | -€112,774 | -26.7% |
| Trade receivables | 40 | €34,605 | €19,699 | -€14,907 | -43.1% |
| Other amounts receivable | 41 | €387,258 | €289,390 | -€97,867 | -25.3% |
| Cash at bank and in hand | 54/58 | €46,522 | €26,953 | -€19,569 | -42.1% |
| Deferred charges and accrued income | 490/1 | €5,189 | €6,376 | +€1,187 | +22.9% |
| Total equity and liabilities | 10/49 | €1,525,914 | €1,524,331 | -€1,584 | -0.1% |
| Equity | 10/15 | €1,264,174 | €1,293,411 | +€29,238 | +2.3% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €116,664 | €116,664 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €91,875 | €91,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €899,616 | €928,853 | +€29,238 | +3.3% |
| Amounts payable | 17/49 | €261,741 | €230,920 | -€30,821 | -11.8% |
| Amounts payable within one year | 42/48 | €246,313 | €216,455 | -€29,859 | -12.1% |
| Trade debts | 44 | €199,383 | €154,211 | -€45,172 | -22.7% |
| Suppliers | 440/4 | €199,383 | €154,211 | -€45,172 | -22.7% |
| Advances received on contracts in progress | 46 | €5,311 | €11,944 | +€6,633 | +125% |
| Taxes, remuneration and social security | 45 | €41,619 | €50,299 | +€8,680 | +20.9% |
| Taxes | 450/3 | - | €4,957 | +€4,957 | |
| Remuneration and social security | 454/9 | €41,619 | €45,343 | +€3,723 | +8.9% |
| Accrued charges and deferred income | 492/3 | €15,428 | €14,465 | -€963 | -6.2% |
| Remuneration, social security and pensions | 62 | €301,347 | €310,223 | +€8,877 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,406 | €26,644 | -€2,762 | -9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,292 | €3,513 | +€1,221 | +53.3% |
| Other operating charges | 640/8 | €76,898 | €63,171 | -€13,727 | -17.9% |
| Gross operating margin | 9900 | €438,491 | €405,526 | -€32,964 | -7.5% |
| Operating profit (loss) | 9901 | €28,548 | €1,976 | -€26,572 | -93.1% |
| Financial income | 75/76B | €51,892 | €46,388 | -€5,504 | -10.6% |
| Recurring financial income | 75 | €51,892 | €46,388 | -€5,504 | -10.6% |
| Financial charges | 65/66B | €13,366 | €7,800 | -€5,566 | -41.6% |
| Recurring financial charges | 65 | €13,366 | €7,800 | -€5,566 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €67,074 | €40,564 | -€26,510 | -39.5% |
| Income taxes | 67/77 | €18,145 | €11,326 | -€6,818 | -37.6% |
| Profit (loss) for the period | 9904 | €48,929 | €29,238 | -€19,692 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,929 | €29,238 | -€19,692 | -40.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.