Bright HR: 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 HR
Largest movements
- Tangible fixed assets +€10,496
up €10,496 (+141%), from €7,437 to €17,934
of which Land and buildings: +€5,529
- Cash -€5,402
down €5,402 (-10.2%), from €52,728 to €47,326
mainly Net result for the year (-€13,915) and Investment in fixed assets (net) (-€12,328)
- Deferred charges and accrued income -€1,273
down €1,273 (-17.5%), from €7,275 to €6,002
- Trade debts +€15,431
up €15,431 (+14,955%), from €103 to €15,534
- Profit (loss) carried forward -€13,915
down €13,915, from €48 to -€13,868
- Tax, wage and social debts -€9,643
down €9,643 (-50.1%), from €19,242 to €9,599
of which Taxes: -€7,168
- Debts after one year +€6,952
up €6,952 (+59.3%), from €11,731 to €18,682
- Current portion of long-term debt +€2,951
up €2,951 (+105%), from €2,811 to €5,762
- Financial charges +€18,136
up €18,136 (+8,243%), from €220 to €18,356
- Gross operating margin -€17,274
down €17,274 (-45.2%), from €38,235 to €20,960
- Staff costs +€13,369
new in 2025: €13,369
- Taxes -€8,082
down €8,082 (-97.6%), from €8,277 to €195
- Depreciation +€1,626
up €1,626 (+793%), from €205 to €1,832
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 | €77,890 | €81,655 | +€3,765 | +4.8% |
| Fixed assets | 21/28 | €7,437 | €17,934 | +€10,496 | +141% |
| Tangible fixed assets | 22/27 | €7,437 | €17,934 | +€10,496 | +141% |
| Land and buildings | 22 | - | €5,529 | +€5,529 | |
| Furniture and vehicles | 24 | - | €785 | +€785 | |
| Other tangible fixed assets | 26 | €7,437 | €11,620 | +€4,182 | +56.2% |
| Current assets | 29/58 | €70,453 | €63,721 | -€6,731 | -9.6% |
| Amounts receivable within one year | 40/41 | €10,449 | €10,394 | -€56 | -0.5% |
| Trade receivables | 40 | €10,449 | €9,797 | -€652 | -6.2% |
| Other amounts receivable | 41 | - | €596 | +€596 | |
| Cash at bank and in hand | 54/58 | €52,728 | €47,326 | -€5,402 | -10.2% |
| Deferred charges and accrued income | 490/1 | €7,275 | €6,002 | -€1,273 | -17.5% |
| Total equity and liabilities | 10/49 | €77,890 | €81,655 | +€3,765 | +4.8% |
| Equity | 10/15 | €42,048 | €28,132 | -€13,915 | -33.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48 | -€13,868 | -€13,915 | |
| Amounts payable | 17/49 | €35,843 | €53,523 | +€17,680 | +49.3% |
| Amounts payable after more than one year | 17 | €11,731 | €18,682 | +€6,952 | +59.3% |
| Financial debts | 170/4 | €11,731 | €18,682 | +€6,952 | +59.3% |
| Amounts payable within one year | 42/48 | €23,612 | €34,841 | +€11,229 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €2,811 | €5,762 | +€2,951 | +105% |
| Trade debts | 44 | €103 | €15,534 | +€15,431 | +14,955% |
| Suppliers | 440/4 | €103 | €15,534 | +€15,431 | +14,955% |
| Taxes, remuneration and social security | 45 | €19,242 | €9,599 | -€9,643 | -50.1% |
| Taxes | 450/3 | €16,767 | €9,599 | -€7,168 | -42.8% |
| Remuneration and social security | 454/9 | €2,475 | - | -€2,475 | |
| Other amounts payable | 47/48 | €1,456 | €3,946 | +€2,490 | +171% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | - | €13,369 | +€13,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | €1,832 | +€1,626 | +793% |
| Other operating charges | 640/8 | €865 | €1,209 | +€344 | +39.8% |
| Gross operating margin | 9900 | €38,235 | €20,960 | -€17,274 | -45.2% |
| Operating profit (loss) | 9901 | €37,165 | €4,551 | -€32,614 | -87.8% |
| Financial income | 75/76B | €29 | €85 | +€56 | +195% |
| Recurring financial income | 75 | €29 | €85 | +€56 | +195% |
| Financial charges | 65/66B | €220 | €18,356 | +€18,136 | +8,243% |
| Recurring financial charges | 65 | €220 | €18,356 | +€18,136 | +8,243% |
| Profit (loss) for the period before taxes | 9903 | €36,973 | -€13,720 | -€50,694 | |
| Income taxes | 67/77 | €8,277 | €195 | -€8,082 | -97.6% |
| Profit (loss) for the period | 9904 | €28,697 | -€13,915 | -€42,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,697 | -€13,915 | -€42,612 |
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 19 October 2026 via checked.be.