BRIECK: 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.
BRIECK
Largest movements
- Current investments -€500,000
down €500,000 (-83.3%), from €600,000 to €100,000
- Receivables within one year +€377,154
up €377,154 (+147.9%), from €255,092 to €632,246
of which Trade receivables: +€444,570
- Cash +€209,977
up €209,977 (+308.1%), from €68,153 to €278,130
mainly Current investments (+€500,000) and Net result for the year (+€436,479)
- Tangible fixed assets -€153,640
down €153,640 (-4.1%), from €3.8m to €3.6m
of which Land and buildings: -€183,149
- Reserves +€436,479
up €436,479 (+26.6%), from €1.6m to €2.1m
of which Distributable reserves: +€436,479
- Other debts -€295,263
down €295,263 (-67.6%), from €436,535 to €141,272
- Debts after one year -€228,373
down €228,373 (-11.7%), from €1.9m to €1.7m
- Gross operating margin +€168,684
up €168,684 (+22.3%), from €754,817 to €923,501
- Taxes +€78,517
up €78,517 (+64.6%), from €121,454 to €199,971
- Depreciation -€57,670
down €57,670 (-23.5%), from €245,869 to €188,199
- Financial charges -€24,538
down €24,538 (-25.7%), from €95,649 to €71,111
- Other operating charges +€10,299
up €10,299 (+40.6%), from €25,379 to €35,678
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 | €4,706,873 | €4,635,716 | -€71,157 | -1.5% |
| Fixed assets | 21/28 | €3,778,315 | €3,624,675 | -€153,640 | -4.1% |
| Tangible fixed assets | 22/27 | €3,757,315 | €3,603,675 | -€153,640 | -4.1% |
| Land and buildings | 22 | €3,756,844 | €3,573,695 | -€183,149 | -4.9% |
| Furniture and vehicles | 24 | - | €29,979 | +€29,979 | |
| Other tangible fixed assets | 26 | €471 | €0 | -€471 | -100.0% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €928,559 | €1,011,041 | +€82,483 | +8.9% |
| Amounts receivable within one year | 40/41 | €255,092 | €632,246 | +€377,154 | +147.9% |
| Trade receivables | 40 | €184,197 | €628,768 | +€444,570 | +241.4% |
| Other amounts receivable | 41 | €70,895 | €3,478 | -€67,417 | -95.1% |
| Current investments | 50/53 | €600,000 | €100,000 | -€500,000 | -83.3% |
| Cash at bank and in hand | 54/58 | €68,153 | €278,130 | +€209,977 | +308.1% |
| Deferred charges and accrued income | 490/1 | €5,313 | €665 | -€4,648 | -87.5% |
| Total equity and liabilities | 10/49 | €4,706,873 | €4,635,716 | -€71,157 | -1.5% |
| Equity | 10/15 | €1,998,421 | €2,434,900 | +€436,479 | +21.8% |
| Contributions | 10/11 | €351,238 | €351,238 | = | 0.0% |
| Revaluation surpluses | 12 | €7,965 | €7,965 | = | 0.0% |
| Reserves | 13 | €1,639,217 | €2,075,696 | +€436,479 | +26.6% |
| Non-distributable reserves | 130/1 | €35,124 | €35,124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €35,124 | €35,124 | = | 0.0% |
| Distributable reserves | 133 | €1,604,093 | €2,040,572 | +€436,479 | +27.2% |
| Amounts payable | 17/49 | €2,708,452 | €2,200,816 | -€507,636 | -18.7% |
| Amounts payable after more than one year | 17 | €1,948,537 | €1,720,163 | -€228,373 | -11.7% |
| Financial debts | 170/4 | €1,948,537 | €1,720,163 | -€228,373 | -11.7% |
| Amounts payable within one year | 42/48 | €718,357 | €462,692 | -€255,665 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €223,498 | €228,373 | +€4,876 | +2.2% |
| Financial debts | 43 | €736 | €248 | -€488 | -66.3% |
| Credit institutions | 430/8 | €736 | €248 | -€488 | -66.3% |
| Trade debts | 44 | €25,962 | €23,688 | -€2,274 | -8.8% |
| Suppliers | 440/4 | €25,962 | €23,688 | -€2,274 | -8.8% |
| Taxes, remuneration and social security | 45 | €31,628 | €69,111 | +€37,484 | +118.5% |
| Taxes | 450/3 | €26,411 | €63,752 | +€37,341 | +141.4% |
| Remuneration and social security | 454/9 | €5,216 | €5,359 | +€143 | +2.7% |
| Other amounts payable | 47/48 | €436,535 | €141,272 | -€295,263 | -67.6% |
| Accrued charges and deferred income | 492/3 | €41,558 | €17,961 | -€23,598 | -56.8% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €245,869 | €188,199 | -€57,670 | -23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,296 | €0 | -€8,296 | -100.0% |
| Other operating charges | 640/8 | €25,379 | €35,678 | +€10,299 | +40.6% |
| Gross operating margin | 9900 | €754,817 | €923,501 | +€168,684 | +22.3% |
| Operating profit (loss) | 9901 | €475,273 | €699,624 | +€224,351 | +47.2% |
| Financial income | 75/76B | €12,610 | €7,937 | -€4,673 | -37.1% |
| Recurring financial income | 75 | €12,610 | €7,937 | -€4,673 | -37.1% |
| Financial charges | 65/66B | €95,649 | €71,111 | -€24,538 | -25.7% |
| Recurring financial charges | 65 | €95,649 | €71,111 | -€24,538 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €392,234 | €636,450 | +€244,216 | +62.3% |
| Income taxes | 67/77 | €121,454 | €199,971 | +€78,517 | +64.6% |
| Profit (loss) for the period | 9904 | €270,780 | €436,479 | +€165,699 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €270,780 | €436,479 | +€165,699 | +61.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.