BRIGGS AND SONS: 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.
BRIGGS AND SONS
Largest movements
- Receivables within one year -€21,112
down €21,112 (-57.6%), from €36,636 to €15,524
of which Trade receivables: -€21,138
- Deferred charges and accrued income -€2,273
down €2,273 (-79.3%), from €2,865 to €592
- Cash -€1,801
down €1,801 (-6.9%), from €25,917 to €24,116
mainly Provisions (-€35,340) and Tax, wage and social debts (-€6,533)
- Provisions -€35,340
no longer reported in 2025 (was €35,340)
- Reserves +€18,264
up €18,264 (+122%), from €15,000 to €33,264
- Tax, wage and social debts -€6,533
down €6,533 (-74.8%), from €8,735 to €2,202
- Trade debts -€885
down €885 (-48.1%), from €1,840 to €955
- Gross operating margin -€47,292
down €47,292 (-71.5%), from €66,118 to €18,826
- Provisions -€37,480
down €37,480, from €2,140 to -€35,340
- Financial charges -€8,947
down €8,947 (-21.4%), from €41,799 to €32,852
- Depreciation -€7,489
down €7,489 (-90.4%), from €8,283 to €794
- Other operating charges -€3,314
down €3,314 (-96.1%), from €3,448 to €134
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 | €68,981 | €43,885 | -€25,095 | -36.4% |
| Fixed assets | 21/28 | €3,563 | €3,654 | +€91 | +2.5% |
| Tangible fixed assets | 22/27 | €563 | €654 | +€91 | +16.1% |
| Furniture and vehicles | 24 | €563 | €654 | +€91 | +16.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €65,418 | €40,232 | -€25,186 | -38.5% |
| Amounts receivable within one year | 40/41 | €36,636 | €15,524 | -€21,112 | -57.6% |
| Trade receivables | 40 | €23,625 | €2,487 | -€21,138 | -89.5% |
| Other amounts receivable | 41 | €13,011 | €13,037 | +€26 | +0.2% |
| Cash at bank and in hand | 54/58 | €25,917 | €24,116 | -€1,801 | -6.9% |
| Deferred charges and accrued income | 490/1 | €2,865 | €592 | -€2,273 | -79.3% |
| Total equity and liabilities | 10/49 | €68,981 | €43,885 | -€25,095 | -36.4% |
| Equity | 10/15 | €22,465 | €40,729 | +€18,264 | +81.3% |
| Contributions | 10/11 | €7,328 | €7,328 | = | 0.0% |
| Reserves | 13 | €15,000 | €33,264 | +€18,264 | +122% |
| Distributable reserves | 133 | €15,000 | €33,264 | +€18,264 | +122% |
| Profit (loss) carried forward | 14 | €137 | €137 | = | 0.0% |
| Provisions and deferred taxes | 16 | €35,340 | - | -€35,340 | |
| Provisions for liabilities and charges | 160/5 | €35,340 | - | -€35,340 | |
| Other liabilities and charges | 164/5 | €35,340 | - | -€35,340 | |
| Amounts payable | 17/49 | €11,176 | €3,156 | -€8,020 | -71.8% |
| Amounts payable within one year | 42/48 | €11,176 | €3,156 | -€8,020 | -71.8% |
| Trade debts | 44 | €1,840 | €955 | -€885 | -48.1% |
| Suppliers | 440/4 | €1,840 | €955 | -€885 | -48.1% |
| Taxes, remuneration and social security | 45 | €8,735 | €2,202 | -€6,533 | -74.8% |
| Taxes | 450/3 | €8,735 | €2,202 | -€6,533 | -74.8% |
| Other amounts payable | 47/48 | €601 | - | -€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,283 | €794 | -€7,489 | -90.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,140 | -€35,340 | -€37,480 | |
| Other operating charges | 640/8 | €3,448 | €134 | -€3,314 | -96.1% |
| Gross operating margin | 9900 | €66,118 | €18,826 | -€47,292 | -71.5% |
| Operating profit (loss) | 9901 | €52,247 | €53,238 | +€991 | +1.9% |
| Financial income | 75/76B | €1 | €18 | +€17 | +1,574% |
| Recurring financial income | 75 | €1 | €18 | +€17 | +1,574% |
| Financial charges | 65/66B | €41,799 | €32,852 | -€8,947 | -21.4% |
| Recurring financial charges | 65 | €41,799 | €32,852 | -€8,947 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €10,449 | €20,404 | +€9,955 | +95.3% |
| Income taxes | 67/77 | €5,318 | €2,140 | -€3,178 | -59.8% |
| Profit (loss) for the period | 9904 | €5,131 | €18,264 | +€13,133 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €5,131 | €18,264 | +€13,133 | +256% |
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 25 October 2026 via checked.be.