BRIDER: 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.
BRIDER
Largest movements
- Stocks and contracts +€25,213
up €25,213 (+14.6%), from €172,629 to €197,841
- Receivables within one year +€6,023
up €6,023 (+8.4%), from €71,743 to €77,767
of which Trade receivables: +€9,165
- Tangible fixed assets -€5,020
down €5,020 (-2.6%), from €190,885 to €185,865
of which Land and buildings: -€9,598
- Other debts +€39,114
up €39,114 (+31.1%), from €125,673 to €164,786
- Debts after one year -€10,467
down €10,467 (-6.2%), from €168,597 to €158,131
- Trade debts -€5,981
down €5,981 (-10.7%), from €56,148 to €50,167
- Gross operating margin +€26,937
up €26,937 (+17.7%), from €152,137 to €179,074
- Staff costs +€6,128
up €6,128 (+7.1%), from €86,753 to €92,881
- Taxes +€3,783
up €3,783 (+61.6%), from €6,143 to €9,926
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 | €444,123 | €472,125 | +€28,002 | +6.3% |
| Fixed assets | 21/28 | €191,016 | €187,806 | -€3,210 | -1.7% |
| Tangible fixed assets | 22/27 | €190,885 | €185,865 | -€5,020 | -2.6% |
| Land and buildings | 22 | €185,689 | €176,091 | -€9,598 | -5.2% |
| Plant, machinery and equipment | 23 | €1,937 | €3,370 | +€1,433 | +74.0% |
| Furniture and vehicles | 24 | €3,259 | €6,404 | +€3,145 | +96.5% |
| Financial fixed assets | 28 | €131 | €1,942 | +€1,810 | +1377.8% |
| Current assets | 29/58 | €253,107 | €284,319 | +€31,212 | +12.3% |
| Stocks and contracts in progress | 3 | €172,629 | €197,841 | +€25,213 | +14.6% |
| Stocks | 30/36 | €172,629 | €197,841 | +€25,213 | +14.6% |
| Amounts receivable within one year | 40/41 | €71,743 | €77,767 | +€6,023 | +8.4% |
| Trade receivables | 40 | €67,326 | €76,491 | +€9,165 | +13.6% |
| Other amounts receivable | 41 | €4,417 | €1,275 | -€3,142 | -71.1% |
| Cash at bank and in hand | 54/58 | €5,729 | €6,217 | +€488 | +8.5% |
| Deferred charges and accrued income | 490/1 | €3,007 | €2,494 | -€512 | -17.0% |
| Total equity and liabilities | 10/49 | €444,123 | €472,125 | +€28,002 | +6.3% |
| Equity | 10/15 | €73,595 | €73,595 | = | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €55,003 | €55,003 | = | 0.0% |
| Distributable reserves | 133 | €55,003 | €55,003 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €370,528 | €398,530 | +€28,002 | +7.6% |
| Amounts payable after more than one year | 17 | €168,597 | €158,131 | -€10,467 | -6.2% |
| Financial debts | 170/4 | €168,597 | €158,131 | -€10,467 | -6.2% |
| Amounts payable within one year | 42/48 | €201,722 | €239,356 | +€37,634 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €10,298 | €10,467 | +€168 | +1.6% |
| Trade debts | 44 | €56,148 | €50,167 | -€5,981 | -10.7% |
| Suppliers | 440/4 | €56,148 | €50,167 | -€5,981 | -10.7% |
| Taxes, remuneration and social security | 45 | €9,603 | €13,936 | +€4,333 | +45.1% |
| Taxes | 450/3 | €621 | €4,463 | +€3,843 | +619.1% |
| Remuneration and social security | 454/9 | €8,982 | €9,473 | +€491 | +5.5% |
| Other amounts payable | 47/48 | €125,673 | €164,786 | +€39,114 | +31.1% |
| Accrued charges and deferred income | 492/3 | €209 | €1,044 | +€835 | +399.6% |
| Remuneration, social security and pensions | 62 | €86,753 | €92,881 | +€6,128 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,974 | €11,869 | +€895 | +8.2% |
| Other operating charges | 640/8 | €2,869 | €2,983 | +€114 | +4.0% |
| Gross operating margin | 9900 | €152,137 | €179,074 | +€26,937 | +17.7% |
| Operating profit (loss) | 9901 | €51,541 | €71,341 | +€19,800 | +38.4% |
| Financial income | 75/76B | €1,625 | €1,348 | -€277 | -17.1% |
| Recurring financial income | 75 | €1,625 | €1,348 | -€277 | -17.1% |
| Financial charges | 65/66B | €8,854 | €8,387 | -€467 | -5.3% |
| Recurring financial charges | 65 | €8,854 | €8,387 | -€467 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €44,312 | €64,302 | +€19,989 | +45.1% |
| Income taxes | 67/77 | €6,143 | €9,926 | +€3,783 | +61.6% |
| Profit (loss) for the period | 9904 | €38,169 | €54,376 | +€16,206 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,169 | €54,376 | +€16,206 | +42.5% |
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 4 October 2026 via checked.be.