BRIGANTE: 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.
BRIGANTE
Largest movements
- Tangible fixed assets -€11,489
down €11,489 (-27.0%), from €42,498 to €31,010
of which Plant, machinery and equipment: -€8,109
- Receivables within one year -€9,548
down €9,548 (-50.3%), from €18,973 to €9,425
- Stocks and contracts +€2,400
up €2,400 (+14.4%), from €16,654 to €19,054
- Cash -€1,658
down €1,658 (-5.3%), from €31,586 to €29,928
mainly Trade debts (-€22,559) and Other debts (-€7,704)
- Trade debts -€22,559
down €22,559 (-71.4%), from €31,598 to €9,040
- Tax, wage and social debts +€11,242
up €11,242 (+31.3%), from €35,868 to €47,111
of which Remuneration and social security: +€9,352
- Other debts -€7,704
down €7,704 (-17.6%), from €43,698 to €35,993
- Debts after one year -€2,205
no longer reported in 2025 (was €2,205)
- Gross operating margin -€13,516
down €13,516 (-10.7%), from €126,505 to €112,989
- Staff costs -€9,918
down €9,918 (-9.2%), from €107,272 to €97,354
- Financial charges -€1,349
down €1,349 (-66.9%), from €2,016 to €666
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 | €117,486 | €97,084 | -€20,403 | -17.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €44,898 | €33,410 | -€11,489 | -25.6% |
| Tangible fixed assets | 22/27 | €42,498 | €31,010 | -€11,489 | -27.0% |
| Land and buildings | 22 | €5,917 | €5,067 | -€850 | -14.4% |
| Plant, machinery and equipment | 23 | €30,075 | €21,966 | -€8,109 | -27.0% |
| Furniture and vehicles | 24 | €6,506 | €3,977 | -€2,530 | -38.9% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €72,588 | €63,674 | -€8,914 | -12.3% |
| Stocks and contracts in progress | 3 | €16,654 | €19,054 | +€2,400 | +14.4% |
| Stocks | 30/36 | €16,654 | €19,054 | +€2,400 | +14.4% |
| Amounts receivable within one year | 40/41 | €18,973 | €9,425 | -€9,548 | -50.3% |
| Trade receivables | 40 | €18,973 | €9,425 | -€9,548 | -50.3% |
| Cash at bank and in hand | 54/58 | €31,586 | €29,928 | -€1,658 | -5.3% |
| Deferred charges and accrued income | 490/1 | €5,375 | €5,267 | -€108 | -2.0% |
| Total equity and liabilities | 10/49 | €117,486 | €97,084 | -€20,403 | -17.4% |
| Equity | 10/15 | €2,020 | €2,924 | +€904 | +44.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,040 | -€5,136 | +€904 | +15.0% |
| Amounts payable | 17/49 | €115,466 | €94,159 | -€21,307 | -18.5% |
| Amounts payable after more than one year | 17 | €2,205 | - | -€2,205 | |
| Financial debts | 170/4 | €2,205 | - | -€2,205 | |
| Amounts payable within one year | 42/48 | €113,261 | €94,159 | -€19,102 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €2,097 | €2,016 | -€81 | -3.9% |
| Trade debts | 44 | €31,598 | €9,040 | -€22,559 | -71.4% |
| Suppliers | 440/4 | €31,598 | €9,040 | -€22,559 | -71.4% |
| Taxes, remuneration and social security | 45 | €35,868 | €47,111 | +€11,242 | +31.3% |
| Taxes | 450/3 | €14,102 | €15,992 | +€1,890 | +13.4% |
| Remuneration and social security | 454/9 | €21,766 | €31,118 | +€9,352 | +43.0% |
| Other amounts payable | 47/48 | €43,698 | €35,993 | -€7,704 | -17.6% |
| Remuneration, social security and pensions | 62 | €107,272 | €97,354 | -€9,918 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,489 | €11,489 | = | 0.0% |
| Other operating charges | 640/8 | €3,051 | €2,578 | -€473 | -15.5% |
| Gross operating margin | 9900 | €126,505 | €112,989 | -€13,516 | -10.7% |
| Operating profit (loss) | 9901 | €4,693 | €1,568 | -€3,126 | -66.6% |
| Financial income | 75/76B | €1 | €3 | +€2 | +303.0% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +303.0% |
| Financial charges | 65/66B | €2,016 | €666 | -€1,349 | -66.9% |
| Recurring financial charges | 65 | €2,016 | €666 | -€1,349 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €2,678 | €904 | -€1,774 | -66.2% |
| Profit (loss) for the period | 9904 | €2,678 | €904 | -€1,774 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,678 | €904 | -€1,774 | -66.2% |
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 7 October 2026 via checked.be.