BRIGHTFIN: 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.
BRIGHTFIN
Largest movements
- Receivables within one year +€108,113
up €108,113 (+176.3%), from €61,333 to €169,446
of which Other amounts receivable: +€106,492
- Cash -€50,417
down €50,417 (-75.8%), from €66,526 to €16,110
mainly Receivables within one year (-€108,113) and Investment in fixed assets (net) (-€14,350)
- Tangible fixed assets +€13,191
up €13,191 (+368.2%), from €3,583 to €16,773
of which Other tangible fixed assets: +€13,868
- Reserves +€65,618
up €65,618 (+69.0%), from €95,117 to €160,735
- Tax, wage and social debts +€6,599
up €6,599 (+18.9%), from €34,857 to €41,456
- Financial income +€4,791
up €4,791 (+605.3%), from €791 to €5,582
- Gross operating margin +€3,659
up €3,659 (+4.6%), from €79,423 to €83,082
- Taxes +€1,875
up €1,875 (+11.6%), from €16,156 to €18,032
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 | €131,860 | €204,008 | +€72,148 | +54.7% |
| Fixed assets | 21/28 | €3,583 | €16,773 | +€13,191 | +368.2% |
| Tangible fixed assets | 22/27 | €3,583 | €16,773 | +€13,191 | +368.2% |
| Furniture and vehicles | 24 | €2,064 | €1,387 | -€677 | -32.8% |
| Other tangible fixed assets | 26 | €1,518 | €15,386 | +€13,868 | +913.3% |
| Current assets | 29/58 | €128,277 | €187,235 | +€58,958 | +46.0% |
| Amounts receivable within one year | 40/41 | €61,333 | €169,446 | +€108,113 | +176.3% |
| Trade receivables | 40 | €13,552 | €15,174 | +€1,622 | +12.0% |
| Other amounts receivable | 41 | €47,781 | €154,272 | +€106,492 | +222.9% |
| Cash at bank and in hand | 54/58 | €66,526 | €16,110 | -€50,417 | -75.8% |
| Deferred charges and accrued income | 490/1 | €418 | €1,679 | +€1,261 | +301.8% |
| Total equity and liabilities | 10/49 | €131,860 | €204,008 | +€72,148 | +54.7% |
| Equity | 10/15 | €96,117 | €161,735 | +€65,618 | +68.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €95,117 | €160,735 | +€65,618 | +69.0% |
| Distributable reserves | 133 | €95,117 | €160,735 | +€65,618 | +69.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,743 | €42,273 | +€6,530 | +18.3% |
| Amounts payable within one year | 42/48 | €35,743 | €42,273 | +€6,530 | +18.3% |
| Trade debts | 44 | €27 | €817 | +€791 | +2958.0% |
| Suppliers | 440/4 | €27 | €817 | +€791 | +2958.0% |
| Taxes, remuneration and social security | 45 | €34,857 | €41,456 | +€6,599 | +18.9% |
| Taxes | 450/3 | €34,857 | €41,456 | +€6,599 | +18.9% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €776 | €1,159 | +€384 | +49.5% |
| Other operating charges | 640/8 | €427 | €544 | +€117 | +27.4% |
| Non-recurring operating charges | 66A | €887 | €0 | -€887 | -100.0% |
| Gross operating margin | 9900 | €79,423 | €83,082 | +€3,659 | +4.6% |
| Operating profit (loss) | 9901 | €77,334 | €81,379 | +€4,045 | +5.2% |
| Financial income | 75/76B | €791 | €5,582 | +€4,791 | +605.3% |
| Recurring financial income | 75 | €791 | €5,582 | +€4,791 | +605.3% |
| Financial charges | 65/66B | €4,067 | €3,311 | -€755 | -18.6% |
| Recurring financial charges | 65 | €4,067 | €3,311 | -€755 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €74,059 | €83,650 | +€9,591 | +13.0% |
| Income taxes | 67/77 | €16,156 | €18,032 | +€1,875 | +11.6% |
| Profit (loss) for the period | 9904 | €57,902 | €65,618 | +€7,716 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,902 | €65,618 | +€7,716 | +13.3% |
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 12 October 2026 via checked.be.