BRIGHTFUL: 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.
BRIGHTFUL
Largest movements
- Cash -€74,575
down €74,575 (-56.0%), from €133,099 to €58,524
mainly Contributions, distributions and other (-€120,000) and Other debts (-€68,483)
- Receivables within one year -€37,231
down €37,231 (-40.1%), from €92,851 to €55,620
of which Trade receivables: -€61,196
- Receivables after one year +€25,000
new in 2025: €25,000
- Other debts -€68,483
down €68,483 (-35.4%), from €193,397 to €124,914
- Tax, wage and social debts -€7,161
down €7,161 (-28.9%), from €24,788 to €17,627
- Profit (loss) carried forward -€5,255
down €5,255 (-73.2%), from €7,180 to €1,925
- Trade debts -€3,579
down €3,579 (-84.4%), from €4,239 to €661
- Gross operating margin -€99,188
down €99,188 (-38.1%), from €260,428 to €161,240
- Taxes -€27,616
down €27,616 (-40.7%), from €67,872 to €40,256
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 | €231,364 | €146,612 | -€84,751 | -36.6% |
| Fixed assets | 21/28 | €5,414 | €7,468 | +€2,055 | +38.0% |
| Tangible fixed assets | 22/27 | €5,414 | €7,468 | +€2,055 | +38.0% |
| Furniture and vehicles | 24 | €5,414 | €7,468 | +€2,055 | +38.0% |
| Current assets | 29/58 | €225,950 | €139,144 | -€86,806 | -38.4% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €92,851 | €55,620 | -€37,231 | -40.1% |
| Trade receivables | 40 | €92,851 | €31,655 | -€61,196 | -65.9% |
| Other amounts receivable | 41 | €0 | €23,965 | +€23,965 | |
| Cash at bank and in hand | 54/58 | €133,099 | €58,524 | -€74,575 | -56.0% |
| Total equity and liabilities | 10/49 | €231,364 | €146,612 | -€84,751 | -36.6% |
| Equity | 10/15 | €8,180 | €2,925 | -€5,255 | -64.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,180 | €1,925 | -€5,255 | -73.2% |
| Amounts payable | 17/49 | €223,184 | €143,687 | -€79,497 | -35.6% |
| Amounts payable within one year | 42/48 | €222,424 | €143,201 | -€79,222 | -35.6% |
| Trade debts | 44 | €4,239 | €661 | -€3,579 | -84.4% |
| Suppliers | 440/4 | €4,239 | €661 | -€3,579 | -84.4% |
| Taxes, remuneration and social security | 45 | €24,788 | €17,627 | -€7,161 | -28.9% |
| Taxes | 450/3 | €24,788 | €17,627 | -€7,161 | -28.9% |
| Other amounts payable | 47/48 | €193,397 | €124,914 | -€68,483 | -35.4% |
| Accrued charges and deferred income | 492/3 | €760 | €486 | -€274 | -36.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,849 | €2,734 | -€116 | -4.1% |
| Other operating charges | 640/8 | €315 | €400 | +€86 | +27.2% |
| Non-recurring operating charges | 66A | €0 | €520 | +€520 | |
| Gross operating margin | 9900 | €260,428 | €161,240 | -€99,188 | -38.1% |
| Operating profit (loss) | 9901 | €257,264 | €157,586 | -€99,678 | -38.7% |
| Financial income | 75/76B | €29 | €0 | -€29 | -99.8% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -99.8% |
| Financial charges | 65/66B | €2,680 | €2,585 | -€95 | -3.6% |
| Recurring financial charges | 65 | €2,680 | €2,585 | -€95 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €254,614 | €155,002 | -€99,612 | -39.1% |
| Income taxes | 67/77 | €67,872 | €40,256 | -€27,616 | -40.7% |
| Profit (loss) for the period | 9904 | €186,741 | €114,745 | -€71,996 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €186,741 | €114,745 | -€71,996 | -38.6% |
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 9 October 2026 via checked.be.