Bright Alliance: 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 Alliance
Largest movements
- Cash -€13,806
down €13,806 (-3.9%), from €356,991 to €343,184
mainly Net result for the year (-€18,614) and Debts after one year (-€6,675)
- Receivables within one year -€5,546
down €5,546 (-21.6%), from €25,659 to €20,112
of which Trade receivables: -€13,144
- Tangible fixed assets -€5,239
down €5,239 (-22.6%), from €23,166 to €17,927
of which Furniture and vehicles: -€4,624
- Deferred charges and accrued income -€4,394
down €4,394 (-90.6%), from €4,853 to €459
- Profit (loss) carried forward -€18,614
down €18,614 (-93.1%), from €20,000 to €1,386
- Debts after one year -€6,675
down €6,675 (-14.8%), from €45,193 to €38,519
- Gross operating margin -€41,473
down €41,473, from €26,810 to -€14,663
- Taxes -€4,922
down €4,922 (-95.6%), from €5,147 to €226
- Financial charges -€3,359
down €3,359 (-96.9%), from €3,466 to €106
- Financial income +€1,310
up €1,310 (+97.6%), from €1,343 to €2,653
- Depreciation +€879
up €879 (+20.2%), from €4,360 to €5,239
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 | €410,668 | €381,682 | -€28,986 | -7.1% |
| Fixed assets | 21/28 | €23,166 | €17,927 | -€5,239 | -22.6% |
| Tangible fixed assets | 22/27 | €23,166 | €17,927 | -€5,239 | -22.6% |
| Plant, machinery and equipment | 23 | €3,733 | €3,118 | -€615 | -16.5% |
| Furniture and vehicles | 24 | €19,433 | €14,808 | -€4,624 | -23.8% |
| Current assets | 29/58 | €387,502 | €363,755 | -€23,747 | -6.1% |
| Amounts receivable within one year | 40/41 | €25,659 | €20,112 | -€5,546 | -21.6% |
| Trade receivables | 40 | €22,977 | €9,833 | -€13,144 | -57.2% |
| Other amounts receivable | 41 | €2,682 | €10,279 | +€7,597 | +283% |
| Cash at bank and in hand | 54/58 | €356,991 | €343,184 | -€13,806 | -3.9% |
| Deferred charges and accrued income | 490/1 | €4,853 | €459 | -€4,394 | -90.6% |
| Total equity and liabilities | 10/49 | €410,668 | €381,682 | -€28,986 | -7.1% |
| Equity | 10/15 | €351,303 | €332,688 | -€18,614 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €325,103 | €325,103 | = | 0.0% |
| Distributable reserves | 133 | €325,103 | €325,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,000 | €1,386 | -€18,614 | -93.1% |
| Amounts payable | 17/49 | €59,365 | €48,993 | -€10,372 | -17.5% |
| Amounts payable after more than one year | 17 | €45,193 | €38,519 | -€6,675 | -14.8% |
| Other amounts payable | 178/9 | €45,193 | €38,519 | -€6,675 | -14.8% |
| Amounts payable within one year | 42/48 | €13,846 | €10,337 | -€3,508 | -25.3% |
| Trade debts | 44 | €9,597 | €10,300 | +€703 | +7.3% |
| Suppliers | 440/4 | €9,597 | €10,300 | +€703 | +7.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,249 | €37 | -€2,212 | -98.3% |
| Taxes | 450/3 | €2,249 | €37 | -€2,212 | -98.3% |
| Other amounts payable | 47/48 | €2,000 | €0 | -€2,000 | -100% |
| Accrued charges and deferred income | 492/3 | €326 | €138 | -€189 | -57.8% |
| Non-recurring operating income | 76A | €5,372 | €0 | -€5,372 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,360 | €5,239 | +€879 | +20.2% |
| Other operating charges | 640/8 | €1,055 | €1,034 | -€21 | -2.0% |
| Gross operating margin | 9900 | €26,810 | -€14,663 | -€41,473 | |
| Operating profit (loss) | 9901 | €21,395 | -€20,936 | -€42,331 | |
| Financial income | 75/76B | €1,343 | €2,653 | +€1,310 | +97.6% |
| Recurring financial income | 75 | €1,343 | €2,653 | +€1,310 | +97.6% |
| Financial charges | 65/66B | €3,466 | €106 | -€3,359 | -96.9% |
| Recurring financial charges | 65 | €3,466 | €106 | -€3,359 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €19,272 | -€18,389 | -€37,661 | |
| Income taxes | 67/77 | €5,147 | €226 | -€4,922 | -95.6% |
| Profit (loss) for the period | 9904 | €14,125 | -€18,614 | -€32,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,125 | -€18,614 | -€32,739 |
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.