Bright-Works: 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-Works
Largest movements
- Receivables within one year +€6,227
up €6,227 (+3.2%), from €195,956 to €202,183
of which Trade receivables: +€10,549
- Tangible fixed assets +€4,556
up €4,556 (+160%), from €2,841 to €7,397
of which Land and buildings: +€5,993
- Reserves +€22,417
up €22,417 (+10.1%), from €221,691 to €244,107
- Other debts -€16,503
down €16,503 (-98.3%), from €16,794 to €291
- Short-term financial debts +€8,993
new in 2025: €8,993
- Gross operating margin -€78,277
down €78,277 (-77.4%), from €101,116 to €22,839
- Taxes -€23,342
down €23,342 (-71.3%), from €32,755 to €9,414
- Financial charges +€4,598
up €4,598 (+483%), from €953 to €5,551
- Financial income +€3,206
up €3,206 (+23.2%), from €13,794 to €17,000
of which Non-recurring financial income: +€5,019
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 | €290,820 | €305,526 | +€14,706 | +5.1% |
| Fixed assets | 21/28 | €2,841 | €7,647 | +€4,806 | +169% |
| Tangible fixed assets | 22/27 | €2,841 | €7,397 | +€4,556 | +160% |
| Land and buildings | 22 | - | €5,993 | +€5,993 | |
| Plant, machinery and equipment | 23 | €32 | - | -€32 | |
| Furniture and vehicles | 24 | €2,809 | €1,403 | -€1,406 | -50.0% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €287,979 | €297,879 | +€9,900 | +3.4% |
| Amounts receivable after more than one year | 29 | €80,381 | €82,504 | +€2,123 | +2.6% |
| Other amounts receivable | 291 | €80,381 | €82,504 | +€2,123 | +2.6% |
| Amounts receivable within one year | 40/41 | €195,956 | €202,183 | +€6,227 | +3.2% |
| Trade receivables | 40 | €61,352 | €71,901 | +€10,549 | +17.2% |
| Other amounts receivable | 41 | €134,604 | €130,282 | -€4,322 | -3.2% |
| Cash at bank and in hand | 54/58 | €1,072 | - | -€1,072 | |
| Deferred charges and accrued income | 490/1 | €10,570 | €13,193 | +€2,622 | +24.8% |
| Total equity and liabilities | 10/49 | €290,820 | €305,526 | +€14,706 | +5.1% |
| Equity | 10/15 | €227,891 | €250,307 | +€22,417 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €221,691 | €244,107 | +€22,417 | +10.1% |
| Non-distributable reserves | 130/1 | €221,691 | €244,107 | +€22,417 | +10.1% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Other | 1319 | €221,591 | €244,007 | +€22,417 | +10.1% |
| Amounts payable | 17/49 | €62,929 | €55,219 | -€7,711 | -12.3% |
| Amounts payable within one year | 42/48 | €60,164 | €53,219 | -€6,946 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €2,940 | €2,904 | -€35 | -1.2% |
| Financial debts | 43 | - | €8,993 | +€8,993 | |
| Credit institutions | 430/8 | - | €8,993 | +€8,993 | |
| Trade debts | 44 | €7,136 | €9,060 | +€1,924 | +27.0% |
| Suppliers | 440/4 | €7,136 | €9,060 | +€1,924 | +27.0% |
| Taxes, remuneration and social security | 45 | €33,295 | €31,971 | -€1,324 | -4.0% |
| Taxes | 450/3 | €33,295 | €31,971 | -€1,324 | -4.0% |
| Other amounts payable | 47/48 | €16,794 | €291 | -€16,503 | -98.3% |
| Accrued charges and deferred income | 492/3 | €2,765 | €2,000 | -€765 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,379 | €1,444 | -€935 | -39.3% |
| Other operating charges | 640/8 | €1,030 | €1,014 | -€16 | -1.6% |
| Gross operating margin | 9900 | €101,116 | €22,839 | -€78,277 | -77.4% |
| Operating profit (loss) | 9901 | €97,707 | €20,382 | -€77,325 | -79.1% |
| Financial income | 75/76B | €13,794 | €17,000 | +€3,206 | +23.2% |
| Recurring financial income | 75 | €8,813 | €7,000 | -€1,813 | -20.6% |
| Non-recurring financial income | 76B | €4,981 | €10,000 | +€5,019 | +101% |
| Financial charges | 65/66B | €953 | €5,551 | +€4,598 | +483% |
| Recurring financial charges | 65 | €953 | €5,551 | +€4,598 | +483% |
| Profit (loss) for the period before taxes | 9903 | €110,549 | €31,830 | -€78,718 | -71.2% |
| Income taxes | 67/77 | €32,755 | €9,414 | -€23,342 | -71.3% |
| Profit (loss) for the period | 9904 | €77,793 | €22,417 | -€55,377 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,793 | €22,417 | -€55,377 | -71.2% |
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 26 October 2026 via checked.be.