BRIGERA: 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.
BRIGERA
Largest movements
- Receivables within one year -€14,913
down €14,913 (-58.3%), from €25,593 to €10,680
of which Trade receivables: -€9,075
- Cash -€10,799
down €10,799 (-90.6%), from €11,923 to €1,123
mainly Net result for the year (-€45,235) and Tax, wage and social debts (-€20,547)
- Tangible fixed assets -€1,677
down €1,677 (-27.1%), from €6,199 to €4,522
- Profit (loss) carried forward -€45,235
down €45,235 (-167%), from -€27,146 to -€72,381
- Other debts +€39,701
new in 2025: €39,701
- Tax, wage and social debts -€20,547
no longer reported in 2025 (was €20,547)
- Trade debts -€1,308
down €1,308 (-71.3%), from €1,836 to €528
- Gross operating margin -€16,236
down €16,236 (-78.7%), from -€20,628 to -€36,864
- Write-downs -€6,000
no longer reported in 2025 (was €6,000)
- Staff costs +€3,121
new in 2025: €3,121
- Financial charges +€1,851
up €1,851 (+255%), from €725 to €2,576
- Financial income -€1,823
no longer reported in 2025 (was €1,823)
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 | €43,741 | €16,351 | -€27,390 | -62.6% |
| Fixed assets | 21/28 | €6,199 | €4,522 | -€1,677 | -27.1% |
| Tangible fixed assets | 22/27 | €6,199 | €4,522 | -€1,677 | -27.1% |
| Furniture and vehicles | 24 | €6,199 | €4,522 | -€1,677 | -27.1% |
| Current assets | 29/58 | €37,542 | €11,829 | -€25,713 | -68.5% |
| Amounts receivable within one year | 40/41 | €25,593 | €10,680 | -€14,913 | -58.3% |
| Trade receivables | 40 | €9,075 | - | -€9,075 | |
| Other amounts receivable | 41 | €16,518 | €10,680 | -€5,838 | -35.3% |
| Cash at bank and in hand | 54/58 | €11,923 | €1,123 | -€10,799 | -90.6% |
| Deferred charges and accrued income | 490/1 | €26 | €26 | = | 0.0% |
| Total equity and liabilities | 10/49 | €43,741 | €16,351 | -€27,390 | -62.6% |
| Equity | 10/15 | €21,358 | -€23,877 | -€45,235 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,503 | €47,503 | = | 0.0% |
| Distributable reserves | 133 | €47,503 | €47,503 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,146 | -€72,381 | -€45,235 | -167% |
| Amounts payable | 17/49 | €22,383 | €40,228 | +€17,845 | +79.7% |
| Amounts payable within one year | 42/48 | €22,383 | €40,228 | +€17,845 | +79.7% |
| Trade debts | 44 | €1,836 | €528 | -€1,308 | -71.3% |
| Suppliers | 440/4 | €1,836 | €528 | -€1,308 | -71.3% |
| Taxes, remuneration and social security | 45 | €20,547 | - | -€20,547 | |
| Taxes | 450/3 | €20,547 | - | -€20,547 | |
| Other amounts payable | 47/48 | - | €39,701 | +€39,701 | |
| Remuneration, social security and pensions | 62 | - | €3,121 | +€3,121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €792 | €1,677 | +€885 | +112% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | - | -€6,000 | |
| Other operating charges | 640/8 | €824 | €997 | +€173 | +20.9% |
| Gross operating margin | 9900 | -€20,628 | -€36,864 | -€16,236 | -78.7% |
| Operating profit (loss) | 9901 | -€28,244 | -€42,659 | -€14,415 | -51.0% |
| Financial income | 75/76B | €1,823 | - | -€1,823 | |
| Recurring financial income | 75 | €1,823 | - | -€1,823 | |
| Financial charges | 65/66B | €725 | €2,576 | +€1,851 | +255% |
| Recurring financial charges | 65 | €725 | €2,576 | +€1,851 | +255% |
| Profit (loss) for the period before taxes | 9903 | -€27,146 | -€45,235 | -€18,089 | -66.6% |
| Profit (loss) for the period | 9904 | -€27,146 | -€45,235 | -€18,089 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,146 | -€45,235 | -€18,089 | -66.6% |
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 17 October 2026 via checked.be.