BRIGHTANALYTICS: what changed
Two fiscal 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.
BRIGHTANALYTICS
Largest movements
- Cash +€1.0m
up €1.0m (+64.8%), from €1.6m to €2.6m
mainly Trade debts (+€1.0m) and Net result for the year (+€718,994)
- Receivables within one year +€444,417
up €444,417 (+38.5%), from €1.2m to €1.6m
of which Trade receivables: +€580,350
- Trade debts +€1.0m
up €1.0m (+47.3%), from €2.1m to €3.2m
- Reserves +€718,994
up €718,994 (+341.0%), from €210,868 to €929,862
- Other debts -€539,515
down €539,515 (-98.0%), from €550,571 to €11,056
- Tax, wage and social debts +€309,743
up €309,743 (+230.0%), from €134,674 to €444,417
of which Remuneration and social security: +€275,685
- Current portion of long-term debt +€104,744
up €104,744 (+34.3%), from €305,027 to €409,772
- Gross operating margin +€1.6m
up €1.6m (+36.6%), from €4.3m to €5.9m
- Staff costs +€1.3m
up €1.3m (+43.0%), from €3.1m to €4.4m
- Taxes +€95,878
up €95,878 (+44.9%), from €213,635 to €309,513
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,120,953 | €5,654,010 | +€1.5m | +37.2% |
| Fixed assets | 21/28 | €1,227,116 | €1,244,763 | +€17,647 | +1.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,212,318 | €1,223,413 | +€11,095 | +0.9% |
| Furniture and vehicles | 24 | €820,040 | €895,562 | +€75,522 | +9.2% |
| Other tangible fixed assets | 26 | €392,277 | €327,850 | -€64,427 | -16.4% |
| Financial fixed assets | 28 | €14,798 | €21,350 | +€6,552 | +44.3% |
| Current assets | 29/58 | €2,893,837 | €4,409,247 | +€1.5m | +52.4% |
| Amounts receivable within one year | 40/41 | €1,153,302 | €1,597,719 | +€444,417 | +38.5% |
| Trade receivables | 40 | €922,728 | €1,503,078 | +€580,350 | +62.9% |
| Other amounts receivable | 41 | €230,574 | €94,641 | -€135,933 | -59.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,604,257 | €2,643,091 | +€1.0m | +64.8% |
| Deferred charges and accrued income | 490/1 | €136,278 | €168,437 | +€32,159 | +23.6% |
| Total equity and liabilities | 10/49 | €4,120,953 | €5,654,010 | +€1.5m | +37.2% |
| Equity | 10/15 | €245,868 | €964,862 | +€718,994 | +292.4% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €210,868 | €929,862 | +€718,994 | +341.0% |
| Distributable reserves | 133 | €210,868 | €929,862 | +€718,994 | +341.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,875,085 | €4,689,148 | +€814,063 | +21.0% |
| Amounts payable after more than one year | 17 | €670,327 | €603,022 | -€67,306 | -10.0% |
| Financial debts | 170/4 | €670,327 | €603,022 | -€67,306 | -10.0% |
| Amounts payable within one year | 42/48 | €3,134,385 | €4,023,260 | +€888,875 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €305,027 | €409,772 | +€104,744 | +34.3% |
| Trade debts | 44 | €2,144,113 | €3,158,016 | +€1.0m | +47.3% |
| Suppliers | 440/4 | €2,144,113 | €3,158,016 | +€1.0m | +47.3% |
| Taxes, remuneration and social security | 45 | €134,674 | €444,417 | +€309,743 | +230.0% |
| Taxes | 450/3 | €56,773 | €90,832 | +€34,059 | +60.0% |
| Remuneration and social security | 454/9 | €77,900 | €353,585 | +€275,685 | +353.9% |
| Other amounts payable | 47/48 | €550,571 | €11,056 | -€539,515 | -98.0% |
| Accrued charges and deferred income | 492/3 | €70,373 | €62,866 | -€7,507 | -10.7% |
| Non-recurring operating income | 76A | €9,914 | €0 | -€9,914 | -100.0% |
| Remuneration, social security and pensions | 62 | €3,080,439 | €4,403,691 | +€1.3m | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,680 | €363,537 | +€44,856 | +14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €78,757 | €30,266 | -€48,491 | -61.6% |
| Other operating charges | 640/8 | €12,971 | €15,152 | +€2,181 | +16.8% |
| Non-recurring operating charges | 66A | €15,035 | €16,427 | +€1,392 | +9.3% |
| Gross operating margin | 9900 | €4,301,365 | €5,874,286 | +€1.6m | +36.6% |
| Operating profit (loss) | 9901 | €795,483 | €1,045,213 | +€249,730 | +31.4% |
| Financial income | 75/76B | €29,915 | €16,684 | -€13,231 | -44.2% |
| Recurring financial income | 75 | €29,915 | €16,684 | -€13,231 | -44.2% |
| Financial charges | 65/66B | €29,917 | €33,390 | +€3,474 | +11.6% |
| Recurring financial charges | 65 | €29,917 | €33,390 | +€3,474 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €795,481 | €1,028,507 | +€233,026 | +29.3% |
| Income taxes | 67/77 | €213,635 | €309,513 | +€95,878 | +44.9% |
| Profit (loss) for the period | 9904 | €581,847 | €718,994 | +€137,148 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €581,847 | €718,994 | +€137,148 | +23.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.