BRIGHAM ASSOCIATES: 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.
BRIGHAM ASSOCIATES
Largest movements
- Receivables within one year +€1,456
up €1,456 (+2.3%), from €62,123 to €63,579
- Profit (loss) carried forward +€1,848
up €1,848 (+3.9%), from €47,687 to €49,535
- Financial income -€280
down €280 (-7.6%), from €3,686 to €3,406
- Gross operating margin +€180
up €180 (+28.9%), from -€620 to -€441
- Taxes -€45
down €45 (-6.2%), from €717 to €673
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €62,882 | €64,540 | +€1,659 | +2.6% |
| Fixed assets | 21/28 | €709 | €709 | = | 0.0% |
| Financial fixed assets | 28 | €709 | €709 | = | 0.0% |
| Current assets | 29/58 | €62,173 | €63,831 | +€1,659 | +2.7% |
| Amounts receivable within one year | 40/41 | €62,123 | €63,579 | +€1,456 | +2.3% |
| Other amounts receivable | 41 | €62,123 | €63,579 | +€1,456 | +2.3% |
| Cash at bank and in hand | 54/58 | €50 | €252 | +€202 | +405% |
| Total equity and liabilities | 10/49 | €62,882 | €64,540 | +€1,659 | +2.6% |
| Equity | 10/15 | €61,947 | €63,795 | +€1,848 | +3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,687 | €49,535 | +€1,848 | +3.9% |
| Amounts payable | 17/49 | €934 | €745 | -€189 | -20.2% |
| Amounts payable within one year | 42/48 | €934 | €745 | -€189 | -20.2% |
| Trade debts | 44 | - | €73 | +€73 | |
| Suppliers | 440/4 | - | €73 | +€73 | |
| Taxes, remuneration and social security | 45 | €934 | €673 | -€262 | -28.0% |
| Taxes | 450/3 | €934 | €673 | -€262 | -28.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€620 | -€441 | +€180 | +28.9% |
| Operating profit (loss) | 9901 | -€1,008 | -€841 | +€167 | +16.6% |
| Financial income | 75/76B | €3,686 | €3,406 | -€280 | -7.6% |
| Recurring financial income | 75 | €3,686 | €3,406 | -€280 | -7.6% |
| Financial charges | 65/66B | €45 | €45 | +€0 | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,633 | €2,520 | -€112 | -4.3% |
| Income taxes | 67/77 | €717 | €673 | -€45 | -6.2% |
| Profit (loss) for the period | 9904 | €1,915 | €1,848 | -€68 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,915 | €1,848 | -€68 | -3.5% |
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 15 October 2026 via checked.be.