Bright Advies: 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.
Bright Advies
Largest movements
- Tangible fixed assets +€84,075
up €84,075 (+205%), from €41,072 to €125,146
of which Furniture and vehicles: +€89,286
- Receivables within one year +€44,188
up €44,188 (+131%), from €33,852 to €78,040
of which Trade receivables: +€31,676
- Intangible fixed assets -€39,354
down €39,354 (-29.6%), from €133,034 to €93,680
- Cash +€11,631
up €11,631 (+20.6%), from €56,416 to €68,047
mainly Other debts (+€55,215) and Depreciation (+€54,015)
- Other debts +€55,215
up €55,215 (+73.1%), from €75,496 to €130,711
- Debts after one year +€32,802
up €32,802 (+33.4%), from €98,306 to €131,107
- Current portion of long-term debt +€13,838
up €13,838 (+43.9%), from €31,517 to €45,355
- Gross operating margin +€22,467
up €22,467 (+15.7%), from €142,777 to €165,244
- Other operating charges +€8,869
up €8,869 (+230%), from €3,857 to €12,727
- Depreciation +€5,383
up €5,383 (+11.1%), from €48,632 to €54,015
- Staff costs -€4,240
down €4,240 (-19.4%), from €21,819 to €17,578
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 | €298,402 | €394,962 | +€96,560 | +32.4% |
| Fixed assets | 21/28 | €174,106 | €218,826 | +€44,721 | +25.7% |
| Intangible fixed assets | 21 | €133,034 | €93,680 | -€39,354 | -29.6% |
| Tangible fixed assets | 22/27 | €41,072 | €125,146 | +€84,075 | +205% |
| Plant, machinery and equipment | 23 | €15,423 | €26,601 | +€11,178 | +72.5% |
| Furniture and vehicles | 24 | €2,448 | €91,733 | +€89,286 | +3,647% |
| Leasing and similar rights | 25 | €23,201 | €6,812 | -€16,389 | -70.6% |
| Current assets | 29/58 | €124,297 | €176,136 | +€51,839 | +41.7% |
| Stocks and contracts in progress | 3 | €33,140 | €29,845 | -€3,295 | -9.9% |
| Stocks | 30/36 | €33,140 | €29,845 | -€3,295 | -9.9% |
| Amounts receivable within one year | 40/41 | €33,852 | €78,040 | +€44,188 | +131% |
| Trade receivables | 40 | €15,809 | €47,486 | +€31,676 | +200% |
| Other amounts receivable | 41 | €18,043 | €30,554 | +€12,511 | +69.3% |
| Cash at bank and in hand | 54/58 | €56,416 | €68,047 | +€11,631 | +20.6% |
| Deferred charges and accrued income | 490/1 | €888 | €204 | -€684 | -77.0% |
| Total equity and liabilities | 10/49 | €298,402 | €394,962 | +€96,560 | +32.4% |
| Equity | 10/15 | €45,975 | €45,975 | = | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €62,571 | €62,571 | = | 0.0% |
| Distributable reserves | 133 | €62,571 | €62,571 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,096 | -€18,096 | = | 0.0% |
| Amounts payable | 17/49 | €252,428 | €348,988 | +€96,560 | +38.3% |
| Amounts payable after more than one year | 17 | €98,306 | €131,107 | +€32,802 | +33.4% |
| Financial debts | 170/4 | €98,306 | €131,107 | +€32,802 | +33.4% |
| Amounts payable within one year | 42/48 | €151,366 | €217,330 | +€65,964 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €31,517 | €45,355 | +€13,838 | +43.9% |
| Trade debts | 44 | €27,786 | €24,565 | -€3,221 | -11.6% |
| Suppliers | 440/4 | €27,786 | €24,565 | -€3,221 | -11.6% |
| Taxes, remuneration and social security | 45 | €16,567 | €16,699 | +€132 | +0.8% |
| Taxes | 450/3 | €15,426 | €15,330 | -€96 | -0.6% |
| Remuneration and social security | 454/9 | €1,141 | €1,369 | +€228 | +20.0% |
| Other amounts payable | 47/48 | €75,496 | €130,711 | +€55,215 | +73.1% |
| Accrued charges and deferred income | 492/3 | €2,756 | €551 | -€2,205 | -80.0% |
| Remuneration, social security and pensions | 62 | €21,819 | €17,578 | -€4,240 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,632 | €54,015 | +€5,383 | +11.1% |
| Other operating charges | 640/8 | €3,857 | €12,727 | +€8,869 | +230% |
| Gross operating margin | 9900 | €142,777 | €165,244 | +€22,467 | +15.7% |
| Operating profit (loss) | 9901 | €68,469 | €80,924 | +€12,455 | +18.2% |
| Financial income | 75/76B | €811 | €437 | -€374 | -46.2% |
| Recurring financial income | 75 | €811 | €437 | -€374 | -46.2% |
| Financial charges | 65/66B | €12,685 | €13,181 | +€496 | +3.9% |
| Recurring financial charges | 65 | €12,685 | €13,181 | +€496 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €56,595 | €68,179 | +€11,584 | +20.5% |
| Income taxes | 67/77 | €14,910 | €16,145 | +€1,236 | +8.3% |
| Profit (loss) for the period | 9904 | €41,685 | €52,034 | +€10,348 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,685 | €52,034 | +€10,348 | +24.8% |
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 20 October 2026 via checked.be.