BRIGHT SN: 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 SN
Largest movements
- Tangible fixed assets -€10,282
down €10,282 (-65.6%), from €15,678 to €5,396
of which Plant, machinery and equipment: -€9,784
- Receivables within one year +€7,531
up €7,531 (+69.4%), from €10,857 to €18,388
of which Other amounts receivable: +€4,784
- Cash +€6,477
up €6,477 (+5.9%), from €110,408 to €116,884
mainly Net result for the year (+€16,568) and Depreciation (+€15,857)
- Current portion of long-term debt -€17,250
down €17,250 (-95.0%), from €18,158 to €908
- Reserves +€16,568
up €16,568 (+30.8%), from €53,856 to €70,423
- Tax, wage and social debts -€8,960
down €8,960 (-35.3%), from €25,383 to €16,423
of which Taxes: -€10,503
- Advances received +€7,872
new in 2025: €7,872
- Other debts +€3,780
up €3,780 (+337%), from €1,120 to €4,899
- Gross operating margin -€24,082
down €24,082 (-19.9%), from €120,896 to €96,814
- Staff costs +€6,273
up €6,273 (+14.0%), from €44,799 to €51,072
- Taxes -€4,605
down €4,605 (-50.8%), from €9,072 to €4,468
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 | €141,215 | €144,582 | +€3,367 | +2.4% |
| Fixed assets | 21/28 | €16,752 | €5,470 | -€11,282 | -67.3% |
| Intangible fixed assets | 21 | €1,074 | €74 | -€1,000 | -93.1% |
| Tangible fixed assets | 22/27 | €15,678 | €5,396 | -€10,282 | -65.6% |
| Plant, machinery and equipment | 23 | €14,971 | €5,187 | -€9,784 | -65.4% |
| Furniture and vehicles | 24 | €706 | €209 | -€498 | -70.5% |
| Current assets | 29/58 | €124,464 | €139,112 | +€14,649 | +11.8% |
| Stocks and contracts in progress | 3 | €1,750 | €2,398 | +€649 | +37.1% |
| Stocks | 30/36 | €1,750 | €2,398 | +€649 | +37.1% |
| Amounts receivable within one year | 40/41 | €10,857 | €18,388 | +€7,531 | +69.4% |
| Trade receivables | 40 | €10,109 | €12,855 | +€2,747 | +27.2% |
| Other amounts receivable | 41 | €748 | €5,532 | +€4,784 | +640% |
| Cash at bank and in hand | 54/58 | €110,408 | €116,884 | +€6,477 | +5.9% |
| Deferred charges and accrued income | 490/1 | €1,450 | €1,442 | -€8 | -0.5% |
| Total equity and liabilities | 10/49 | €141,215 | €144,582 | +€3,367 | +2.4% |
| Equity | 10/15 | €83,856 | €100,423 | +€16,568 | +19.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €53,856 | €70,423 | +€16,568 | +30.8% |
| Distributable reserves | 133 | €53,856 | €70,423 | +€16,568 | +30.8% |
| Amounts payable | 17/49 | €57,360 | €44,159 | -€13,201 | -23.0% |
| Amounts payable after more than one year | 17 | €908 | - | -€908 | |
| Financial debts | 170/4 | €908 | - | -€908 | |
| Amounts payable within one year | 42/48 | €55,751 | €43,685 | -€12,066 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €18,158 | €908 | -€17,250 | -95.0% |
| Trade debts | 44 | €11,090 | €13,583 | +€2,493 | +22.5% |
| Suppliers | 440/4 | €11,090 | €13,583 | +€2,493 | +22.5% |
| Advances received on contracts in progress | 46 | - | €7,872 | +€7,872 | |
| Taxes, remuneration and social security | 45 | €25,383 | €16,423 | -€8,960 | -35.3% |
| Taxes | 450/3 | €17,867 | €7,364 | -€10,503 | -58.8% |
| Remuneration and social security | 454/9 | €7,516 | €9,059 | +€1,544 | +20.5% |
| Other amounts payable | 47/48 | €1,120 | €4,899 | +€3,780 | +337% |
| Accrued charges and deferred income | 492/3 | €701 | €474 | -€228 | -32.4% |
| Remuneration, social security and pensions | 62 | €44,799 | €51,072 | +€6,273 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,438 | €15,857 | +€419 | +2.7% |
| Other operating charges | 640/8 | €1,608 | €1,972 | +€364 | +22.6% |
| Gross operating margin | 9900 | €120,896 | €96,814 | -€24,082 | -19.9% |
| Operating profit (loss) | 9901 | €59,052 | €27,913 | -€31,139 | -52.7% |
| Financial income | 75/76B | €0 | €39 | +€39 | +48,425% |
| Recurring financial income | 75 | €0 | €39 | +€39 | +48,425% |
| Financial charges | 65/66B | €7,389 | €6,916 | -€473 | -6.4% |
| Recurring financial charges | 65 | €7,389 | €6,916 | -€473 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €51,662 | €21,035 | -€30,627 | -59.3% |
| Income taxes | 67/77 | €9,072 | €4,468 | -€4,605 | -50.8% |
| Profit (loss) for the period | 9904 | €42,590 | €16,568 | -€26,022 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,590 | €16,568 | -€26,022 | -61.1% |
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 29 October 2026 via checked.be.