Bright Estate: 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 Estate
Largest movements
- Tangible fixed assets -€16,529
down €16,529 (-2.9%), from €578,189 to €561,660
- Debts after one year -€36,726
down €36,726 (-9.3%), from €392,959 to €356,233
- Profit (loss) carried forward +€23,162
up €23,162 (+17.3%), from €134,262 to €157,424
- Advances received -€13,500
down €13,500 (-100%), from €13,500 to €0
- Accrued charges and deferred income +€12,427
up €12,427 (+816%), from €1,523 to €13,950
- Gross operating margin +€2,189
up €2,189 (+3.8%), from €57,131 to €59,320
- Other operating charges +€857
up €857 (+24.4%), from €3,508 to €4,365
- Financial charges -€699
down €699 (-8.5%), from €8,185 to €7,486
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 | €599,219 | €587,237 | -€11,982 | -2.0% |
| Fixed assets | 21/28 | €578,189 | €561,660 | -€16,529 | -2.9% |
| Tangible fixed assets | 22/27 | €578,189 | €561,660 | -€16,529 | -2.9% |
| Land and buildings | 22 | €578,189 | €561,660 | -€16,529 | -2.9% |
| Current assets | 29/58 | €21,029 | €25,577 | +€4,547 | +21.6% |
| Amounts receivable within one year | 40/41 | €308 | €2,386 | +€2,079 | +676% |
| Trade receivables | 40 | €0 | €2,079 | +€2,079 | |
| Other amounts receivable | 41 | €308 | €308 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,722 | €22,055 | +€1,334 | +6.4% |
| Deferred charges and accrued income | 490/1 | - | €1,135 | +€1,135 | |
| Total equity and liabilities | 10/49 | €599,219 | €587,237 | -€11,982 | -2.0% |
| Equity | 10/15 | €154,262 | €177,424 | +€23,162 | +15.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,262 | €157,424 | +€23,162 | +17.3% |
| Amounts payable | 17/49 | €444,957 | €409,813 | -€35,144 | -7.9% |
| Amounts payable after more than one year | 17 | €392,959 | €356,233 | -€36,726 | -9.3% |
| Financial debts | 170/4 | €392,959 | €356,233 | -€36,726 | -9.3% |
| Amounts payable within one year | 42/48 | €50,475 | €39,631 | -€10,845 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €36,017 | €36,726 | +€709 | +2.0% |
| Trade debts | 44 | €758 | €2,154 | +€1,396 | +184% |
| Suppliers | 440/4 | €758 | €2,154 | +€1,396 | +184% |
| Advances received on contracts in progress | 46 | €13,500 | €0 | -€13,500 | -100% |
| Taxes, remuneration and social security | 45 | €200 | €750 | +€550 | +275% |
| Taxes | 450/3 | €200 | €750 | +€550 | +275% |
| Accrued charges and deferred income | 492/3 | €1,523 | €13,950 | +€12,427 | +816% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,529 | €16,529 | = | 0.0% |
| Other operating charges | 640/8 | €3,508 | €4,365 | +€857 | +24.4% |
| Gross operating margin | 9900 | €57,131 | €59,320 | +€2,189 | +3.8% |
| Operating profit (loss) | 9901 | €37,093 | €38,425 | +€1,332 | +3.6% |
| Financial charges | 65/66B | €8,185 | €7,486 | -€699 | -8.5% |
| Recurring financial charges | 65 | €8,185 | €7,486 | -€699 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €28,908 | €30,939 | +€2,031 | +7.0% |
| Income taxes | 67/77 | €7,194 | €7,777 | +€583 | +8.1% |
| Profit (loss) for the period | 9904 | €21,714 | €23,162 | +€1,448 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,714 | €23,162 | +€1,448 | +6.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.