BrightHorizon: 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.
BrightHorizon
Largest movements
- Receivables within one year +€18,773
up €18,773 (+30.3%), from €61,981 to €80,754
of which Other amounts receivable: +€26,460
- Deferred charges and accrued income +€4,062
up €4,062 (+302%), from €1,346 to €5,408
- Tangible fixed assets +€3,841
new in 2025: €3,841
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Profit (loss) carried forward +€17,883
up €17,883 (+80.2%), from €22,292 to €40,176
- Trade debts +€16,837
up €16,837 (+178%), from €9,446 to €26,283
- Tax, wage and social debts +€12,500
up €12,500 (+114%), from €10,925 to €23,424
- Financial charges +€3,508
up €3,508 (+3,080%), from €114 to €3,622
- Gross operating margin -€3,387
down €3,387 (-7.2%), from €47,135 to €43,748
- Financial income +€2,717
up €2,717 (+202%), from €1,346 to €4,062
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 | €64,663 | €91,883 | +€27,220 | +42.1% |
| Formation expenses | 20 | €897 | €682 | -€215 | -24.0% |
| Fixed assets | 21/28 | - | €3,841 | +€3,841 | |
| Tangible fixed assets | 22/27 | - | €3,841 | +€3,841 | |
| Furniture and vehicles | 24 | - | €3,841 | +€3,841 | |
| Current assets | 29/58 | €63,767 | €87,361 | +€23,594 | +37.0% |
| Amounts receivable within one year | 40/41 | €61,981 | €80,754 | +€18,773 | +30.3% |
| Trade receivables | 40 | €58,370 | €50,683 | -€7,687 | -13.2% |
| Other amounts receivable | 41 | €3,611 | €30,071 | +€26,460 | +733% |
| Cash at bank and in hand | 54/58 | €440 | €1,199 | +€759 | +172% |
| Deferred charges and accrued income | 490/1 | €1,346 | €5,408 | +€4,062 | +302% |
| Total equity and liabilities | 10/49 | €64,663 | €91,883 | +€27,220 | +42.1% |
| Equity | 10/15 | €24,292 | €42,176 | +€17,883 | +73.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,292 | €40,176 | +€17,883 | +80.2% |
| Amounts payable | 17/49 | €40,371 | €49,707 | +€9,336 | +23.1% |
| Amounts payable within one year | 42/48 | €40,371 | €49,707 | +€9,336 | +23.1% |
| Trade debts | 44 | €9,446 | €26,283 | +€16,837 | +178% |
| Suppliers | 440/4 | €9,446 | €26,283 | +€16,837 | +178% |
| Taxes, remuneration and social security | 45 | €10,925 | €23,424 | +€12,500 | +114% |
| Taxes | 450/3 | €10,925 | €23,424 | +€12,500 | +114% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179 | €274 | +€95 | +53.4% |
| Other operating charges | 640/8 | - | €119 | +€119 | |
| Gross operating margin | 9900 | €47,135 | €43,748 | -€3,387 | -7.2% |
| Operating profit (loss) | 9901 | €46,956 | €43,355 | -€3,601 | -7.7% |
| Financial income | 75/76B | €1,346 | €4,062 | +€2,717 | +202% |
| Recurring financial income | 75 | €1,346 | €4,062 | +€2,717 | +202% |
| Financial charges | 65/66B | €114 | €3,622 | +€3,508 | +3,080% |
| Recurring financial charges | 65 | €114 | €3,622 | +€3,508 | +3,080% |
| Profit (loss) for the period before taxes | 9903 | €48,188 | €43,796 | -€4,393 | -9.1% |
| Income taxes | 67/77 | €5,896 | €5,912 | +€17 | +0.3% |
| Profit (loss) for the period | 9904 | €42,292 | €37,883 | -€4,409 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,292 | €37,883 | -€4,409 | -10.4% |
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 19 October 2026 via checked.be.