Bright City: what changed
Bright City
Largest movements
- Stocks and contracts -€942,402
down €942,402 (-37.8%), from €2.5m to €1.6m
of which Contracts in progress: -€2.5m
- Cash -€313,171
down €313,171 (-68.6%), from €456,313 to €143,142
mainly Short-term financial debts (-€1.1m) and Debts after one year (-€140,884)
- Receivables within one year -€62,508
down €62,508 (-98.9%), from €63,178 to €670
of which Trade receivables: -€62,178
- Short-term financial debts -€1.1m
down €1.1m (-100%), from €1.1m to €0
- Debts after one year -€140,884
down €140,884 (-8.6%), from €1.6m to €1.5m
- Tax, wage and social debts -€36,158
down €36,158 (-81.2%), from €44,556 to €8,398
- Gross operating margin -€37,320
down €37,320 (-54.1%), from €68,998 to €31,678
- Financial charges -€33,131
down €33,131 (-44.9%), from €73,760 to €40,630
- Financial income -€11,934
down €11,934 (-52.3%), from €22,817 to €10,883
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,012,013 | €1,693,932 | -€1.3m | -43.8% |
| Current assets | 29/58 | €3,012,013 | €1,693,932 | -€1.3m | -43.8% |
| Stocks and contracts in progress | 3 | €2,492,522 | €1,550,120 | -€942,402 | -37.8% |
| Stocks | 30/36 | - | €1,550,120 | +€1.6m | |
| Contracts in progress | 37 | €2,492,522 | €0 | -€2.5m | -100% |
| Amounts receivable within one year | 40/41 | €63,178 | €670 | -€62,508 | -98.9% |
| Trade receivables | 40 | €62,178 | €0 | -€62,178 | -100% |
| Other amounts receivable | 41 | €1,000 | €670 | -€330 | -33.0% |
| Cash at bank and in hand | 54/58 | €456,313 | €143,142 | -€313,171 | -68.6% |
| Total equity and liabilities | 10/49 | €3,012,013 | €1,693,932 | -€1.3m | -43.8% |
| Equity | 10/15 | €62,459 | €63,297 | +€838 | +1.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,541 | -€36,703 | +€838 | +2.2% |
| Amounts payable | 17/49 | €2,949,554 | €1,630,634 | -€1.3m | -44.7% |
| Amounts payable after more than one year | 17 | €1,644,547 | €1,503,663 | -€140,884 | -8.6% |
| Financial debts | 170/4 | €1,644,547 | €1,503,663 | -€140,884 | -8.6% |
| Amounts payable within one year | 42/48 | €1,265,940 | €87,905 | -€1.2m | -93.1% |
| Financial debts | 43 | €1,121,009 | €0 | -€1.1m | -100% |
| Credit institutions | 430/8 | €1,121,009 | €0 | -€1.1m | -100% |
| Trade debts | 44 | €50,375 | €29,507 | -€20,868 | -41.4% |
| Suppliers | 440/4 | €50,375 | €29,507 | -€20,868 | -41.4% |
| Taxes, remuneration and social security | 45 | €44,556 | €8,398 | -€36,158 | -81.2% |
| Taxes | 450/3 | €44,556 | €8,398 | -€36,158 | -81.2% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €39,067 | €39,067 | = | 0.0% |
| Other operating charges | 640/8 | €499 | €1,094 | +€594 | +119% |
| Gross operating margin | 9900 | €68,998 | €31,678 | -€37,320 | -54.1% |
| Operating profit (loss) | 9901 | €68,498 | €30,584 | -€37,914 | -55.4% |
| Financial income | 75/76B | €22,817 | €10,883 | -€11,934 | -52.3% |
| Recurring financial income | 75 | €22,817 | €10,883 | -€11,934 | -52.3% |
| Financial charges | 65/66B | €73,760 | €40,630 | -€33,131 | -44.9% |
| Recurring financial charges | 65 | €73,760 | €40,630 | -€33,131 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €17,556 | €838 | -€16,718 | -95.2% |
| Income taxes | 67/77 | €213 | €0 | -€213 | -100% |
| Profit (loss) for the period | 9904 | €17,342 | €838 | -€16,504 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,342 | €838 | -€16,504 | -95.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.