BRIGHTEST: 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.
BRIGHTEST
Largest movements
- Receivables within one year +€727,066
up €727,066 (+35.1%), from €2.1m to €2.8m
of which Other amounts receivable: +€488,965
- Cash -€338,104
down €338,104 (-25.8%), from €1.3m to €974,041
mainly Receivables within one year (-€727,066) and Investment in fixed assets (net) (-€23,380)
- Short-term financial debts +€262,052
up €262,052 (+43.4%), from €604,444 to €866,496
- Profit (loss) carried forward +€87,481
up €87,481 (+197%), from €44,301 to €131,783
- Tax, wage and social debts +€49,661
up €49,661 (+4.1%), from €1.2m to €1.3m
of which Remuneration and social security: +€36,942
- Turnover +€15.3m
new in 2025: €15.3m
- Purchases and services +€6.7m
new in 2025: €6.7m
- Gross operating margin +€951,033
up €951,033 (+12.1%), from €7.9m to €8.8m
- Staff costs +€340,491
up €340,491 (+4.3%), from €7.9m to €8.2m
- Financial charges +€219,002
up €219,002 (+131%), from €167,495 to €386,497
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 | €3,541,972 | €3,956,078 | +€414,106 | +11.7% |
| Fixed assets | 21/28 | €34,577 | €46,911 | +€12,334 | +35.7% |
| Intangible fixed assets | 21 | €20,273 | €13,953 | -€6,320 | -31.2% |
| Tangible fixed assets | 22/27 | €5,135 | €23,488 | +€18,354 | +357% |
| Plant, machinery and equipment | 23 | €3,932 | €22,797 | +€18,865 | +480% |
| Furniture and vehicles | 24 | €1,202 | €691 | -€511 | -42.5% |
| Financial fixed assets | 28 | €9,170 | €9,470 | +€300 | +3.3% |
| Current assets | 29/58 | €3,507,395 | €3,909,167 | +€401,773 | +11.5% |
| Amounts receivable within one year | 40/41 | €2,070,066 | €2,797,133 | +€727,066 | +35.1% |
| Trade receivables | 40 | €1,716,942 | €1,955,043 | +€238,101 | +13.9% |
| Other amounts receivable | 41 | €353,125 | €842,090 | +€488,965 | +138% |
| Cash at bank and in hand | 54/58 | €1,312,145 | €974,041 | -€338,104 | -25.8% |
| Deferred charges and accrued income | 490/1 | €125,183 | €137,993 | +€12,810 | +10.2% |
| Total equity and liabilities | 10/49 | €3,541,972 | €3,956,078 | +€414,106 | +11.7% |
| Equity | 10/15 | €479,011 | €566,493 | +€87,481 | +18.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €234,710 | €234,710 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €214,710 | €214,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,301 | €131,783 | +€87,481 | +197% |
| Amounts payable | 17/49 | €3,062,961 | €3,389,586 | +€326,625 | +10.7% |
| Amounts payable within one year | 42/48 | €3,055,976 | €3,383,000 | +€327,025 | +10.7% |
| Financial debts | 43 | €604,444 | €866,496 | +€262,052 | +43.4% |
| Credit institutions | 430/8 | €604,444 | €866,496 | +€262,052 | +43.4% |
| Trade debts | 44 | €1,244,217 | €1,263,349 | +€19,132 | +1.5% |
| Suppliers | 440/4 | €1,244,217 | €1,263,349 | +€19,132 | +1.5% |
| Advances received on contracts in progress | 46 | €3,820 | €0 | -€3,820 | -100% |
| Taxes, remuneration and social security | 45 | €1,203,494 | €1,253,155 | +€49,661 | +4.1% |
| Taxes | 450/3 | €264,901 | €277,621 | +€12,719 | +4.8% |
| Remuneration and social security | 454/9 | €938,593 | €975,535 | +€36,942 | +3.9% |
| Accrued charges and deferred income | 492/3 | €6,985 | €6,585 | -€400 | -5.7% |
| Turnover | 70 | - | €15,285,440 | +€15.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,701,160 | +€6.7m | |
| Remuneration, social security and pensions | 62 | €7,856,024 | €8,196,515 | +€340,491 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,772 | €11,046 | +€3,274 | +42.1% |
| Other operating charges | 640/8 | €7,070 | €3,680 | -€3,390 | -48.0% |
| Gross operating margin | 9900 | €7,866,112 | €8,817,144 | +€951,033 | +12.1% |
| Operating profit (loss) | 9901 | -€4,755 | €605,903 | +€610,658 | |
| Financial income | 75/76B | €8,558 | €29,641 | +€21,083 | +246% |
| Recurring financial income | 75 | €8,558 | €29,641 | +€21,083 | +246% |
| Financial charges | 65/66B | €167,495 | €386,497 | +€219,002 | +131% |
| Recurring financial charges | 65 | €167,495 | €386,497 | +€219,002 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€163,692 | €249,047 | +€412,739 | |
| Income taxes | 67/77 | €52,212 | €161,566 | +€109,354 | +209% |
| Profit (loss) for the period | 9904 | -€215,904 | €87,481 | +€303,385 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€215,904 | €87,481 | +€303,385 |
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 17 October 2026 via checked.be.