BRIGADIER: what changed
BRIGADIER
Largest movements
- Tangible fixed assets -€8,144
down €8,144 (-3.1%), from €261,579 to €253,435
- Cash +€6,621
up €6,621 (+33.1%), from €19,989 to €26,610
mainly Depreciation (+€18,067) and Net result for the year (+€8,183)
- Other debts -€13,955
no longer reported in 2025 (was €13,955)
- Reserves +€8,183
up €8,183 (+8.9%), from €91,792 to €99,975
- Tax, wage and social debts +€4,249
up €4,249 (+14.6%), from €29,110 to €33,360
- Gross operating margin -€75,133
down €75,133 (-69.2%), from €108,613 to €33,480
- Taxes -€24,861
down €24,861 (-85.4%), from €29,110 to €4,249
- Depreciation -€2,710
down €2,710 (-13.0%), from €20,777 to €18,067
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,568 | €280,045 | -€1,523 | -0.5% |
| Fixed assets | 21/28 | €261,579 | €253,435 | -€8,144 | -3.1% |
| Tangible fixed assets | 22/27 | €261,579 | €253,435 | -€8,144 | -3.1% |
| Land and buildings | 22 | €261,579 | €253,435 | -€8,144 | -3.1% |
| Current assets | 29/58 | €19,989 | €26,610 | +€6,621 | +33.1% |
| Cash at bank and in hand | 54/58 | €19,989 | €26,610 | +€6,621 | +33.1% |
| Total equity and liabilities | 10/49 | €281,568 | €280,045 | -€1,523 | -0.5% |
| Equity | 10/15 | €238,503 | €246,686 | +€8,183 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €91,792 | €99,975 | +€8,183 | +8.9% |
| Distributable reserves | 133 | €91,792 | €99,975 | +€8,183 | +8.9% |
| Profit (loss) carried forward | 14 | €140,511 | €140,511 | = | 0.0% |
| Amounts payable | 17/49 | €43,065 | €33,360 | -€9,706 | -22.5% |
| Amounts payable within one year | 42/48 | €43,065 | €33,360 | -€9,706 | -22.5% |
| Taxes, remuneration and social security | 45 | €29,110 | €33,360 | +€4,249 | +14.6% |
| Taxes | 450/3 | €29,110 | €33,360 | +€4,249 | +14.6% |
| Other amounts payable | 47/48 | €13,955 | - | -€13,955 | |
| Non-recurring operating income | 76A | €44,486 | - | -€44,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,777 | €18,067 | -€2,710 | -13.0% |
| Other operating charges | 640/8 | €2,835 | €2,907 | +€71 | +2.5% |
| Gross operating margin | 9900 | €108,613 | €33,480 | -€75,133 | -69.2% |
| Operating profit (loss) | 9901 | €85,001 | €12,507 | -€72,494 | -85.3% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €84,928 | €12,432 | -€72,495 | -85.4% |
| Income taxes | 67/77 | €29,110 | €4,249 | -€24,861 | -85.4% |
| Profit (loss) for the period | 9904 | €55,817 | €8,183 | -€47,634 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,817 | €8,183 | -€47,634 | -85.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.