BRICOWEP: 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.
BRICOWEP
Largest movements
- Stocks and contracts -€53,792
down €53,792 (-5.2%), from €1.0m to €975,328
- Receivables within one year -€52,650
down €52,650 (-19.2%), from €273,681 to €221,031
of which Trade receivables: -€30,690
- Tangible fixed assets -€45,771
down €45,771 (-12.0%), from €382,681 to €336,910
of which Other tangible fixed assets: -€40,922
- Trade debts -€146,709
down €146,709 (-29.6%), from €495,487 to €348,778
- Debts after one year -€75,388
down €75,388 (-11.4%), from €664,150 to €588,762
of which Other amounts payable: -€39,695
- Other debts +€71,992
up €71,992 (+52.2%), from €137,977 to €209,969
- Gross operating margin +€51,663
up €51,663 (+9.2%), from €561,686 to €613,348
- Staff costs +€35,750
up €35,750 (+7.5%), from €475,705 to €511,456
- Depreciation +€10,557
up €10,557 (+19.7%), from €53,471 to €64,029
- Financial income -€8,557
down €8,557 (-66.9%), from €12,796 to €4,239
of which Non-recurring financial income: -€10,000
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,723,626 | €1,566,114 | -€157,512 | -9.1% |
| Fixed assets | 21/28 | €385,428 | €339,658 | -€45,771 | -11.9% |
| Tangible fixed assets | 22/27 | €382,681 | €336,910 | -€45,771 | -12.0% |
| Land and buildings | 22 | €54,609 | €59,971 | +€5,362 | +9.8% |
| Plant, machinery and equipment | 23 | €10,731 | €4,824 | -€5,908 | -55.1% |
| Furniture and vehicles | 24 | €17,106 | €12,803 | -€4,303 | -25.2% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €300,234 | €259,312 | -€40,922 | -13.6% |
| Financial fixed assets | 28 | €2,748 | €2,748 | = | 0.0% |
| Current assets | 29/58 | €1,338,197 | €1,226,456 | -€111,741 | -8.4% |
| Stocks and contracts in progress | 3 | €1,029,120 | €975,328 | -€53,792 | -5.2% |
| Stocks | 30/36 | €1,029,120 | €975,328 | -€53,792 | -5.2% |
| Amounts receivable within one year | 40/41 | €273,681 | €221,031 | -€52,650 | -19.2% |
| Trade receivables | 40 | €251,721 | €221,031 | -€30,690 | -12.2% |
| Other amounts receivable | 41 | €21,960 | - | -€21,960 | |
| Current investments | 50/53 | €81 | €82 | +€0 | +0.4% |
| Cash at bank and in hand | 54/58 | €28,439 | €22,505 | -€5,933 | -20.9% |
| Deferred charges and accrued income | 490/1 | €6,876 | €7,511 | +€634 | +9.2% |
| Total equity and liabilities | 10/49 | €1,723,626 | €1,566,114 | -€157,512 | -9.1% |
| Equity | 10/15 | €136,365 | €131,861 | -€4,504 | -3.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,400 | €12,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | - | -€12,400 | |
| Reserves not available under the articles | 1311 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€35 | -€4,539 | -€4,504 | -12810.4% |
| Amounts payable | 17/49 | €1,587,261 | €1,434,253 | -€153,008 | -9.6% |
| Amounts payable after more than one year | 17 | €664,150 | €588,762 | -€75,388 | -11.4% |
| Financial debts | 170/4 | €220,350 | €184,658 | -€35,692 | -16.2% |
| Other amounts payable | 178/9 | €443,799 | €404,104 | -€39,695 | -8.9% |
| Amounts payable within one year | 42/48 | €922,327 | €845,491 | -€76,836 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €150,544 | €139,448 | -€11,095 | -7.4% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €495,487 | €348,778 | -€146,709 | -29.6% |
| Suppliers | 440/4 | €495,487 | €348,778 | -€146,709 | -29.6% |
| Taxes, remuneration and social security | 45 | €63,320 | €72,296 | +€8,976 | +14.2% |
| Taxes | 450/3 | €1,811 | €10,474 | +€8,664 | +478.5% |
| Remuneration and social security | 454/9 | €61,509 | €61,821 | +€312 | +0.5% |
| Other amounts payable | 47/48 | €137,977 | €209,969 | +€71,992 | +52.2% |
| Accrued charges and deferred income | 492/3 | €784 | - | -€784 | |
| Remuneration, social security and pensions | 62 | €475,705 | €511,456 | +€35,750 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,471 | €64,029 | +€10,557 | +19.7% |
| Other operating charges | 640/8 | €7,565 | €7,280 | -€285 | -3.8% |
| Non-recurring operating charges | 66A | - | €745 | +€745 | |
| Gross operating margin | 9900 | €561,686 | €613,348 | +€51,663 | +9.2% |
| Operating profit (loss) | 9901 | €24,944 | €29,838 | +€4,895 | +19.6% |
| Financial income | 75/76B | €12,796 | €4,239 | -€8,557 | -66.9% |
| Recurring financial income | 75 | €2,796 | €4,239 | +€1,443 | +51.6% |
| Non-recurring financial income | 76B | €10,000 | - | -€10,000 | |
| Financial charges | 65/66B | €40,158 | €38,115 | -€2,043 | -5.1% |
| Recurring financial charges | 65 | €39,827 | €38,115 | -€1,711 | -4.3% |
| Non-recurring financial charges | 66B | €331 | - | -€331 | |
| Profit (loss) for the period before taxes | 9903 | -€2,418 | -€4,038 | -€1,620 | -67.0% |
| Income taxes | 67/77 | €451 | €466 | +€16 | +3.5% |
| Profit (loss) for the period | 9904 | -€2,868 | -€4,504 | -€1,636 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,868 | -€4,504 | -€1,636 | -57.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.