Brighter Future: 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.
Brighter Future
Largest movements
- Current investments -€75,000
down €75,000 (-25.4%), from €295,000 to €220,000
- Cash -€23,226
down €23,226 (-95.5%), from €24,325 to €1,099
mainly Contributions, distributions and other (-€215,000) and Other debts (-€119,917)
- Other debts -€119,917
down €119,917 (-37.7%), from €317,667 to €197,750
- Profit (loss) carried forward +€17,730
new in 2025: €17,730
No income-statement line moved by more than 1% of the activity.
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.
Cash bridge derived
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 | €357,695 | €259,622 | -€98,073 | -27.4% |
| Fixed assets | 21/28 | €4,627 | €1,672 | -€2,955 | -63.9% |
| Tangible fixed assets | 22/27 | €4,627 | €1,672 | -€2,955 | -63.9% |
| Plant, machinery and equipment | 23 | €678 | €391 | -€287 | -42.3% |
| Furniture and vehicles | 24 | €1,365 | €443 | -€922 | -67.6% |
| Other tangible fixed assets | 26 | €2,584 | €838 | -€1,746 | -67.6% |
| Current assets | 29/58 | €353,068 | €257,950 | -€95,118 | -26.9% |
| Amounts receivable within one year | 40/41 | €33,137 | €36,245 | +€3,108 | +9.4% |
| Trade receivables | 40 | €33,137 | €36,245 | +€3,108 | +9.4% |
| Current investments | 50/53 | €295,000 | €220,000 | -€75,000 | -25.4% |
| Cash at bank and in hand | 54/58 | €24,325 | €1,099 | -€23,226 | -95.5% |
| Deferred charges and accrued income | 490/1 | €606 | €606 | = | 0.0% |
| Total equity and liabilities | 10/49 | €357,695 | €259,622 | -€98,073 | -27.4% |
| Equity | 10/15 | €20,405 | €38,135 | +€17,730 | +86.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €17,730 | +€17,730 | |
| Amounts payable | 17/49 | €337,290 | €221,488 | -€115,802 | -34.3% |
| Amounts payable within one year | 42/48 | €337,290 | €221,488 | -€115,802 | -34.3% |
| Trade debts | 44 | €104 | €1,270 | +€1,167 | +1127.3% |
| Suppliers | 440/4 | €104 | €1,270 | +€1,167 | +1127.3% |
| Taxes, remuneration and social security | 45 | €19,520 | €22,467 | +€2,948 | +15.1% |
| Taxes | 450/3 | €19,520 | €22,467 | +€2,948 | +15.1% |
| Other amounts payable | 47/48 | €317,667 | €197,750 | -€119,917 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,859 | €2,955 | +€96 | +3.3% |
| Other operating charges | 640/8 | €955 | €987 | +€31 | +3.3% |
| Gross operating margin | 9900 | €299,039 | €301,268 | +€2,229 | +0.7% |
| Operating profit (loss) | 9901 | €295,224 | €297,326 | +€2,102 | +0.7% |
| Financial income | 75/76B | €4,830 | €7,686 | +€2,856 | +59.1% |
| Recurring financial income | 75 | €4,830 | €7,686 | +€2,856 | +59.1% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €300,015 | €304,971 | +€4,956 | +1.7% |
| Income taxes | 67/77 | €70,758 | €72,241 | +€1,483 | +2.1% |
| Profit (loss) for the period | 9904 | €229,257 | €232,730 | +€3,473 | +1.5% |
| Transfer from tax-exempt reserves | 789 | €88,410 | - | -€88,410 | |
| Profit (loss) for the period to be appropriated | 9905 | €317,667 | €232,730 | -€84,937 | -26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.