BRIGADON: 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.
BRIGADON
Largest movements
- Tangible fixed assets +€5,418
up €5,418 (+7.9%), from €68,594 to €74,013
- Cash -€848
down €848 (-76.7%), from €1,106 to €258
mainly Investment in fixed assets (net) (-€13,647) and Net result for the year (-€11,004)
- Other debts +€18,968
up €18,968 (+81.2%), from €23,352 to €42,321
- Profit (loss) carried forward -€11,004
down €11,004 (-43.5%), from -€25,270 to -€36,274
- Trade debts -€3,394
down €3,394 (-85.5%), from €3,968 to €574
- Gross operating margin +€2,749
up €2,749, from -€1,175 to €1,574
- Depreciation +€1,036
up €1,036 (+14.4%), from €7,192 to €8,229
- Other operating charges +€78
up €78 (+1.8%), from €4,232 to €4,311
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 | €69,700 | €74,270 | +€4,570 | +6.6% |
| Fixed assets | 21/28 | €68,594 | €74,013 | +€5,418 | +7.9% |
| Tangible fixed assets | 22/27 | €68,594 | €74,013 | +€5,418 | +7.9% |
| Land and buildings | 22 | €68,594 | €74,013 | +€5,418 | +7.9% |
| Current assets | 29/58 | €1,106 | €258 | -€848 | -76.7% |
| Cash at bank and in hand | 54/58 | €1,106 | €258 | -€848 | -76.7% |
| Total equity and liabilities | 10/49 | €69,700 | €74,270 | +€4,570 | +6.6% |
| Equity | 10/15 | €42,380 | €31,376 | -€11,004 | -26.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,270 | -€36,274 | -€11,004 | -43.5% |
| Amounts payable | 17/49 | €27,320 | €42,895 | +€15,574 | +57.0% |
| Amounts payable within one year | 42/48 | €27,320 | €42,895 | +€15,574 | +57.0% |
| Trade debts | 44 | €3,968 | €574 | -€3,394 | -85.5% |
| Suppliers | 440/4 | €3,968 | €574 | -€3,394 | -85.5% |
| Other amounts payable | 47/48 | €23,352 | €42,321 | +€18,968 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,192 | €8,229 | +€1,036 | +14.4% |
| Other operating charges | 640/8 | €4,232 | €4,311 | +€78 | +1.8% |
| Gross operating margin | 9900 | -€1,175 | €1,574 | +€2,749 | |
| Operating profit (loss) | 9901 | -€12,600 | -€10,965 | +€1,635 | +13.0% |
| Financial charges | 65/66B | €46 | €39 | -€8 | -16.7% |
| Recurring financial charges | 65 | €46 | €39 | -€8 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,647 | -€11,004 | +€1,643 | +13.0% |
| Profit (loss) for the period | 9904 | -€12,647 | -€11,004 | +€1,643 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,647 | -€11,004 | +€1,643 | +13.0% |
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 26 October 2026 via checked.be.