BRIGHT PHOENIX: 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 PHOENIX
Largest movements
- Cash -€5,178
down €5,178 (-94.0%), from €5,508 to €330
mainly Net result for the year (-€12,345) and Accrued charges and deferred income (-€3,010)
- Deferred charges and accrued income -€3,787
down €3,787 (-65.1%), from €5,821 to €2,034
- Receivables within one year +€1,131
up €1,131 (+3.0%), from €37,224 to €38,355
of which Other amounts receivable: +€1,000
- Profit (loss) carried forward -€12,345
down €12,345, from €1,376 to -€10,969
- Tax, wage and social debts +€5,539
up €5,539 (+2,155%), from €257 to €5,796
- Accrued charges and deferred income -€3,010
down €3,010 (-100%), from €3,010 to €0
- Other debts +€1,900
new in 2025: €1,900
- Gross operating margin -€14,373
down €14,373, from €2,715 to -€11,658
- Taxes -€389
down €389, from €369 to -€20
- Other operating charges -€266
down €266 (-29.5%), from €902 to €636
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 | €49,678 | €41,844 | -€7,834 | -15.8% |
| Fixed assets | 21/28 | €1,125 | €1,125 | = | 0.0% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €48,553 | €40,719 | -€7,834 | -16.1% |
| Amounts receivable within one year | 40/41 | €37,224 | €38,355 | +€1,131 | +3.0% |
| Trade receivables | 40 | €37,224 | €37,355 | +€131 | +0.4% |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €5,508 | €330 | -€5,178 | -94.0% |
| Deferred charges and accrued income | 490/1 | €5,821 | €2,034 | -€3,787 | -65.1% |
| Total equity and liabilities | 10/49 | €49,678 | €41,844 | -€7,834 | -15.8% |
| Equity | 10/15 | €1,476 | -€10,869 | -€12,345 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,376 | -€10,969 | -€12,345 | |
| Amounts payable | 17/49 | €48,202 | €52,712 | +€4,510 | +9.4% |
| Amounts payable within one year | 42/48 | €45,192 | €52,712 | +€7,520 | +16.6% |
| Trade debts | 44 | €44,935 | €45,017 | +€82 | +0.2% |
| Suppliers | 440/4 | €44,935 | €45,017 | +€82 | +0.2% |
| Taxes, remuneration and social security | 45 | €257 | €5,796 | +€5,539 | +2,155% |
| Taxes | 450/3 | €257 | €5,796 | +€5,539 | +2,155% |
| Other amounts payable | 47/48 | - | €1,900 | +€1,900 | |
| Accrued charges and deferred income | 492/3 | €3,010 | €0 | -€3,010 | -100% |
| Other operating charges | 640/8 | €902 | €636 | -€266 | -29.5% |
| Gross operating margin | 9900 | €2,715 | -€11,658 | -€14,373 | |
| Operating profit (loss) | 9901 | €1,813 | -€12,294 | -€14,107 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -100% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100% |
| Financial charges | 65/66B | €83 | €71 | -€12 | -14.8% |
| Recurring financial charges | 65 | €83 | €71 | -€12 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €1,745 | -€12,365 | -€14,110 | |
| Income taxes | 67/77 | €369 | -€20 | -€389 | |
| Profit (loss) for the period | 9904 | €1,376 | -€12,345 | -€13,721 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,376 | -€12,345 | -€13,721 |
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 30 October 2026 via checked.be.