BRIGH'TECH: 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.
BRIGH'TECH
Largest movements
- Cash -€86,819
down €86,819 (-54.0%), from €160,695 to €73,876
mainly Receivables within one year (-€66,864) and Tax, wage and social debts (-€48,255)
- Receivables within one year +€66,864
up €66,864 (+69.0%), from €96,847 to €163,711
of which Other amounts receivable: +€74,715
- Tangible fixed assets -€16,947
down €16,947 (-23.3%), from €72,827 to €55,880
of which Furniture and vehicles: -€16,263
- Deferred charges and accrued income -€6,984
down €6,984 (-69.5%), from €10,050 to €3,066
- Tax, wage and social debts -€48,255
down €48,255 (-60.5%), from €79,734 to €31,480
- Reserves +€19,545
up €19,545 (+8.2%), from €238,848 to €258,394
- Trade debts -€10,030
down €10,030 (-16.9%), from €59,189 to €49,160
- Current portion of long-term debt -€5,147
down €5,147 (-50.7%), from €10,147 to €5,000
- Gross operating margin -€122,040
down €122,040 (-71.4%), from €171,018 to €48,978
- Taxes -€36,254
down €36,254 (-75.3%), from €48,150 to €11,895
- Depreciation +€11,138
up €11,138 (+138.5%), from €8,044 to €19,181
- Financial income +€5,330
up €5,330 (+355.3%), from €1,500 to €6,830
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 | €390,418 | €346,533 | -€43,886 | -11.2% |
| Fixed assets | 21/28 | €72,827 | €55,880 | -€16,947 | -23.3% |
| Tangible fixed assets | 22/27 | €72,827 | €55,880 | -€16,947 | -23.3% |
| Plant, machinery and equipment | 23 | €2,271 | €2,684 | +€413 | +18.2% |
| Furniture and vehicles | 24 | €61,601 | €45,338 | -€16,263 | -26.4% |
| Other tangible fixed assets | 26 | €8,955 | €7,858 | -€1,097 | -12.3% |
| Current assets | 29/58 | €317,592 | €290,653 | -€26,939 | -8.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,847 | €163,711 | +€66,864 | +69.0% |
| Trade receivables | 40 | €91,488 | €83,637 | -€7,851 | -8.6% |
| Other amounts receivable | 41 | €5,359 | €80,073 | +€74,715 | +1394.3% |
| Cash at bank and in hand | 54/58 | €160,695 | €73,876 | -€86,819 | -54.0% |
| Deferred charges and accrued income | 490/1 | €10,050 | €3,066 | -€6,984 | -69.5% |
| Total equity and liabilities | 10/49 | €390,418 | €346,533 | -€43,886 | -11.2% |
| Equity | 10/15 | €241,348 | €260,894 | +€19,545 | +8.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €238,848 | €258,394 | +€19,545 | +8.2% |
| Distributable reserves | 133 | €238,848 | €258,394 | +€19,545 | +8.2% |
| Amounts payable | 17/49 | €149,070 | €85,639 | -€63,431 | -42.6% |
| Amounts payable within one year | 42/48 | €149,070 | €85,639 | -€63,431 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €10,147 | €5,000 | -€5,147 | -50.7% |
| Trade debts | 44 | €59,189 | €49,160 | -€10,030 | -16.9% |
| Suppliers | 440/4 | €59,189 | €49,160 | -€10,030 | -16.9% |
| Taxes, remuneration and social security | 45 | €79,734 | €31,480 | -€48,255 | -60.5% |
| Taxes | 450/3 | €79,734 | €31,480 | -€48,255 | -60.5% |
| Non-recurring operating income | 76A | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | €995 | - | -€995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,044 | €19,181 | +€11,138 | +138.5% |
| Other operating charges | 640/8 | €2,654 | €2,619 | -€35 | -1.3% |
| Non-recurring operating charges | 66A | €315 | - | -€315 | |
| Gross operating margin | 9900 | €171,018 | €48,978 | -€122,040 | -71.4% |
| Operating profit (loss) | 9901 | €159,009 | €27,177 | -€131,832 | -82.9% |
| Financial income | 75/76B | €1,500 | €6,830 | +€5,330 | +355.3% |
| Recurring financial income | 75 | €1,500 | €6,830 | +€5,330 | +355.3% |
| Financial charges | 65/66B | €1,455 | €2,567 | +€1,112 | +76.4% |
| Recurring financial charges | 65 | €1,455 | €2,567 | +€1,112 | +76.4% |
| Profit (loss) for the period before taxes | 9903 | €159,054 | €31,441 | -€127,614 | -80.2% |
| Income taxes | 67/77 | €48,150 | €11,895 | -€36,254 | -75.3% |
| Profit (loss) for the period | 9904 | €110,905 | €19,545 | -€91,359 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,905 | €19,545 | -€91,359 | -82.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.