Brightcube: what changed
Brightcube
Largest movements
- Cash -€27,518
down €27,518 (-31.8%), from €86,487 to €58,970
mainly Contributions, distributions and other (-€47,601) and Receivables within one year (-€19,213)
- Receivables within one year +€19,213
up €19,213 (+27.5%), from €69,867 to €89,080
of which Trade receivables: +€59,131
- Tangible fixed assets -€14,384
down €14,384 (-5.8%), from €246,779 to €232,394
of which Land and buildings: -€10,580
- Reserves +€21,843
up €21,843 (+11.6%), from €188,855 to €210,698
of which Distributable reserves: +€21,843
- Tax, wage and social debts -€16,289
down €16,289 (-41.9%), from €38,882 to €22,593
- Debts after one year -€14,948
down €14,948 (-12.0%), from €124,754 to €109,806
- Trade debts -€8,788
down €8,788 (-66.3%), from €13,250 to €4,462
- Gross operating margin +€26,959
up €26,959 (+32.3%), from €83,397 to €110,356
- Taxes +€5,166
up €5,166 (+38.0%), from €13,581 to €18,747
- Depreciation +€1,212
up €1,212 (+9.2%), from €13,172 to €14,384
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €404,449 | €385,429 | -€19,020 | -4.7% |
| Fixed assets | 21/28 | €246,779 | €232,394 | -€14,384 | -5.8% |
| Tangible fixed assets | 22/27 | €246,779 | €232,394 | -€14,384 | -5.8% |
| Land and buildings | 22 | €231,864 | €221,284 | -€10,580 | -4.6% |
| Plant, machinery and equipment | 23 | €5,386 | €4,488 | -€898 | -16.7% |
| Furniture and vehicles | 24 | €9,529 | €6,622 | -€2,906 | -30.5% |
| Current assets | 29/58 | €157,671 | €153,035 | -€4,636 | -2.9% |
| Amounts receivable within one year | 40/41 | €69,867 | €89,080 | +€19,213 | +27.5% |
| Trade receivables | 40 | €17,399 | €76,530 | +€59,131 | +340% |
| Other amounts receivable | 41 | €52,469 | €12,550 | -€39,918 | -76.1% |
| Cash at bank and in hand | 54/58 | €86,487 | €58,970 | -€27,518 | -31.8% |
| Deferred charges and accrued income | 490/1 | €1,316 | €4,985 | +€3,669 | +279% |
| Total equity and liabilities | 10/49 | €404,449 | €385,429 | -€19,020 | -4.7% |
| Equity | 10/15 | €209,315 | €231,158 | +€21,843 | +10.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €188,855 | €210,698 | +€21,843 | +11.6% |
| Tax-exempt reserves | 132 | €1,083 | €1,083 | = | 0.0% |
| Distributable reserves | 133 | €187,773 | €209,615 | +€21,843 | +11.6% |
| Amounts payable | 17/49 | €195,134 | €154,272 | -€40,863 | -20.9% |
| Amounts payable after more than one year | 17 | €124,754 | €109,806 | -€14,948 | -12.0% |
| Financial debts | 170/4 | €124,754 | €109,806 | -€14,948 | -12.0% |
| Amounts payable within one year | 42/48 | €69,300 | €43,343 | -€25,957 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €17,167 | €16,288 | -€879 | -5.1% |
| Trade debts | 44 | €13,250 | €4,462 | -€8,788 | -66.3% |
| Suppliers | 440/4 | €13,250 | €4,462 | -€8,788 | -66.3% |
| Taxes, remuneration and social security | 45 | €38,882 | €22,593 | -€16,289 | -41.9% |
| Taxes | 450/3 | €38,882 | €22,593 | -€16,289 | -41.9% |
| Accrued charges and deferred income | 492/3 | €1,080 | €1,123 | +€43 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,172 | €14,384 | +€1,212 | +9.2% |
| Other operating charges | 640/8 | €1,071 | €821 | -€249 | -23.3% |
| Gross operating margin | 9900 | €83,397 | €110,356 | +€26,959 | +32.3% |
| Operating profit (loss) | 9901 | €69,154 | €95,151 | +€25,996 | +37.6% |
| Financial income | 75/76B | €2,493 | €1,476 | -€1,017 | -40.8% |
| Recurring financial income | 75 | €2,493 | €1,476 | -€1,017 | -40.8% |
| Financial charges | 65/66B | €7,825 | €8,436 | +€611 | +7.8% |
| Recurring financial charges | 65 | €7,825 | €8,436 | +€611 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €63,822 | €88,191 | +€24,368 | +38.2% |
| Income taxes | 67/77 | €13,581 | €18,747 | +€5,166 | +38.0% |
| Profit (loss) for the period | 9904 | €50,242 | €69,444 | +€19,202 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,242 | €69,444 | +€19,202 | +38.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.