BRIGHTBOARD: what changed
What changed
BRIGHTBOARD
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
filed annual accounts (NBB)
Net result for the year
-€211,870
2024 · €311,477-€523,347
Equity
€109,984
2024 · €321,854-€211,870
Cash
€150,763
2024 · €277,774-€127,011
Balance sheet total
€3.3m
2024 · €2.6m+€703,042
Largest movements
Assets
- Tangible fixed assets +€519,684
up €519,684 (+59.3%), from €875,916 to €1.4m
- Receivables within one year +€178,588
up €178,588 (+20.6%), from €867,125 to €1.0m
of which Trade receivables: +€121,677
- Cash -€127,011
down €127,011 (-45.7%), from €277,774 to €150,763
mainly Investment in fixed assets (net) (-€987,865) and Net result for the year (-€211,870)
- Deferred charges and accrued income +€84,453
up €84,453 (+45.0%), from €187,492 to €271,945
- Stocks and contracts +€48,830
up €48,830 (+11.7%), from €418,775 to €467,604
Equity and liabilities
- Other debts +€895,000
new in 2025: €895,000
- Profit (loss) carried forward -€211,870
down €211,870, from €0 to -€211,870
- Trade debts +€174,536
up €174,536 (+55.3%), from €315,760 to €490,296
- Accrued charges and deferred income -€82,132
down €82,132 (-16.8%), from €489,428 to €407,296
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
Income statement
- Gross operating margin -€295,762
down €295,762 (-17.6%), from €1.7m to €1.4m
- Taxes -€108,562
down €108,562 (-98.6%), from €110,130 to €1,568
- Staff costs +€35,448
up €35,448 (+4.8%), from €735,086 to €770,534
- Financial charges +€20,482
up €20,482 (+37.8%), from €54,236 to €74,717
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€311,477
Gross operating margin
-€295,762
Staff costs
-€35,448
Depreciation
-€1,896
Other operating charges
-€3,646
Other operating items
-€278,378
Financial income
+€3,702
Financial charges
-€20,482
Taxes
+€108,562
Result 2025
-€211,870
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€939,863
Investment
-€987,865
Financing
-€79,010
Cash 2024
€277,774
From operations (derived)
+€939,863
Net result for the year
-€211,870
Depreciation
+€469,681
Stocks and contracts
-€48,830
Receivables within one year
-€178,588
Deferred charges and accrued income
-€84,453
Trade debts
+€174,536
Tax, wage and social debts
+€6,518
Other debts
+€895,000
Accrued charges and deferred income
-€82,132
Investment (derived)
-€987,865
Investment in fixed assets (net)
-€987,865
Financing
-€79,010
Debts after one year
+€11,962
Current portion of long-term debt
-€40,972
Short-term financial debts
-€50,000
Cash 2025
€150,763
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,635,512 | €3,338,555 | +€703,042 | +26.7% |
| Fixed assets | 21/28 | €884,347 | €1,402,531 | +€518,184 | +58.6% |
| Intangible fixed assets | 21 | €8,430 | €6,930 | -€1,500 | -17.8% |
| Tangible fixed assets | 22/27 | €875,916 | €1,395,600 | +€519,684 | +59.3% |
| Plant, machinery and equipment | 23 | €863,352 | €913,591 | +€50,240 | +5.8% |
| Furniture and vehicles | 24 | €12,565 | €231,274 | +€218,709 | +1,741% |
| Leasing and similar rights | 25 | €0 | €250,735 | +€250,735 | |
| Current assets | 29/58 | €1,751,166 | €1,936,024 | +€184,858 | +10.6% |
| Stocks and contracts in progress | 3 | €418,775 | €467,604 | +€48,830 | +11.7% |
| Stocks | 30/36 | €418,775 | €467,604 | +€48,830 | +11.7% |
| Amounts receivable within one year | 40/41 | €867,125 | €1,045,712 | +€178,588 | +20.6% |
| Trade receivables | 40 | €864,975 | €986,652 | +€121,677 | +14.1% |
| Other amounts receivable | 41 | €2,150 | €59,060 | +€56,910 | +2,647% |
| Cash at bank and in hand | 54/58 | €277,774 | €150,763 | -€127,011 | -45.7% |
| Deferred charges and accrued income | 490/1 | €187,492 | €271,945 | +€84,453 | +45.0% |
| Total equity and liabilities | 10/49 | €2,635,512 | €3,338,555 | +€703,042 | +26.7% |
| Equity | 10/15 | €321,854 | €109,984 | -€211,870 | -65.8% |
| Contributions | 10/11 | €97,600 | €97,600 | = | 0.0% |
| Reserves | 13 | €224,254 | €224,254 | = | 0.0% |
| Distributable reserves | 133 | €224,254 | €224,254 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€211,870 | -€211,870 | |
| Amounts payable | 17/49 | €2,313,658 | €3,228,571 | +€914,912 | +39.5% |
| Amounts payable after more than one year | 17 | €917,022 | €928,984 | +€11,962 | +1.3% |
| Financial debts | 170/4 | €917,022 | €928,984 | +€11,962 | +1.3% |
| Amounts payable within one year | 42/48 | €907,208 | €1,892,290 | +€985,082 | +109% |
| Current portion of amounts payable after more than one year | 42 | €331,387 | €290,415 | -€40,972 | -12.4% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €315,760 | €490,296 | +€174,536 | +55.3% |
| Suppliers | 440/4 | €315,760 | €490,296 | +€174,536 | +55.3% |
| Taxes, remuneration and social security | 45 | €210,062 | €216,580 | +€6,518 | +3.1% |
| Taxes | 450/3 | €144,340 | €141,195 | -€3,145 | -2.2% |
| Remuneration and social security | 454/9 | €65,721 | €75,385 | +€9,663 | +14.7% |
| Other amounts payable | 47/48 | - | €895,000 | +€895,000 | |
| Accrued charges and deferred income | 492/3 | €489,428 | €407,296 | -€82,132 | -16.8% |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100% |
| Remuneration, social security and pensions | 62 | €735,086 | €770,534 | +€35,448 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467,785 | €469,681 | +€1,896 | +0.4% |
| Other operating charges | 640/8 | €8,314 | €11,960 | +€3,646 | +43.9% |
| Non-recurring operating charges | 66A | - | €278,378 | +€278,378 | |
| Gross operating margin | 9900 | €1,684,130 | €1,388,368 | -€295,762 | -17.6% |
| Operating profit (loss) | 9901 | €472,945 | -€142,184 | -€615,129 | |
| Financial income | 75/76B | €2,898 | €6,600 | +€3,702 | +128% |
| Recurring financial income | 75 | €2,898 | €6,600 | +€3,702 | +128% |
| Financial charges | 65/66B | €54,236 | €74,717 | +€20,482 | +37.8% |
| Recurring financial charges | 65 | €54,236 | €74,717 | +€20,482 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €421,607 | -€210,302 | -€631,909 | |
| Income taxes | 67/77 | €110,130 | €1,568 | -€108,562 | -98.6% |
| Profit (loss) for the period | 9904 | €311,477 | -€211,870 | -€523,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €311,477 | -€211,870 | -€523,347 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.