Brighthouse: 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.
Brighthouse
Largest movements
- Receivables within one year -€110,046
down €110,046 (-72.3%), from €152,201 to €42,155
of which Trade receivables: -€91,538
- Tangible fixed assets -€42,171
down €42,171 (-74.3%), from €56,752 to €14,582
of which Other tangible fixed assets: -€37,399
- Cash -€15,808
down €15,808 (-22.2%), from €71,279 to €55,471
mainly Net result for the year (-€279,318) and Current portion of long-term debt (-€38,547)
- Intangible fixed assets -€10,933
down €10,933 (-100%), from €10,933 to €0
- Deferred charges and accrued income -€10,493
down €10,493 (-52.2%), from €20,105 to €9,612
- Profit (loss) carried forward -€279,318
down €279,318, from €45,765 to -€233,553
- Other debts +€139,828
up €139,828 (+81,187%), from €172 to €140,000
- Current portion of long-term debt -€38,547
down €38,547 (-81.5%), from €47,306 to €8,759
- Tax, wage and social debts -€37,428
down €37,428 (-52.9%), from €70,693 to €33,265
of which Taxes: -€23,497
- Trade debts +€34,773
up €34,773 (+40.7%), from €85,459 to €120,232
- Gross operating margin -€344,752
down €344,752 (-73.4%), from €469,822 to €125,070
- Staff costs -€144,344
down €144,344 (-29.0%), from €498,143 to €353,799
- Depreciation -€11,143
down €11,143 (-37.3%), from €29,890 to €18,747
- Financial charges -€5,057
down €5,057 (-68.4%), from €7,396 to €2,338
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 | €311,270 | €121,819 | -€189,451 | -60.9% |
| Fixed assets | 21/28 | €67,686 | €14,582 | -€53,104 | -78.5% |
| Intangible fixed assets | 21 | €10,933 | €0 | -€10,933 | -100% |
| Tangible fixed assets | 22/27 | €56,752 | €14,582 | -€42,171 | -74.3% |
| Furniture and vehicles | 24 | €10,565 | €5,793 | -€4,772 | -45.2% |
| Other tangible fixed assets | 26 | €46,187 | €8,788 | -€37,399 | -81.0% |
| Current assets | 29/58 | €243,584 | €107,237 | -€136,347 | -56.0% |
| Amounts receivable within one year | 40/41 | €152,201 | €42,155 | -€110,046 | -72.3% |
| Trade receivables | 40 | €133,121 | €41,583 | -€91,538 | -68.8% |
| Other amounts receivable | 41 | €19,080 | €572 | -€18,508 | -97.0% |
| Cash at bank and in hand | 54/58 | €71,279 | €55,471 | -€15,808 | -22.2% |
| Deferred charges and accrued income | 490/1 | €20,105 | €9,612 | -€10,493 | -52.2% |
| Total equity and liabilities | 10/49 | €311,270 | €121,819 | -€189,451 | -60.9% |
| Equity | 10/15 | €53,825 | -€225,493 | -€279,318 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,765 | -€233,553 | -€279,318 | |
| Amounts payable | 17/49 | €257,445 | €347,312 | +€89,867 | +34.9% |
| Amounts payable after more than one year | 17 | €53,815 | €45,056 | -€8,759 | -16.3% |
| Financial debts | 170/4 | €53,815 | €45,056 | -€8,759 | -16.3% |
| Amounts payable within one year | 42/48 | €203,630 | €302,256 | +€98,626 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €47,306 | €8,759 | -€38,547 | -81.5% |
| Trade debts | 44 | €85,459 | €120,232 | +€34,773 | +40.7% |
| Suppliers | 440/4 | €85,459 | €120,232 | +€34,773 | +40.7% |
| Taxes, remuneration and social security | 45 | €70,693 | €33,265 | -€37,428 | -52.9% |
| Taxes | 450/3 | €28,436 | €4,938 | -€23,497 | -82.6% |
| Remuneration and social security | 454/9 | €42,257 | €28,326 | -€13,931 | -33.0% |
| Other amounts payable | 47/48 | €172 | €140,000 | +€139,828 | +81,187% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €498,143 | €353,799 | -€144,344 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,890 | €18,747 | -€11,143 | -37.3% |
| Other operating charges | 640/8 | €3,356 | €1,190 | -€2,166 | -64.5% |
| Non-recurring operating charges | 66A | - | €26,925 | +€26,925 | |
| Gross operating margin | 9900 | €469,822 | €125,070 | -€344,752 | -73.4% |
| Operating profit (loss) | 9901 | -€61,566 | -€275,590 | -€214,024 | -348% |
| Financial income | 75/76B | €136 | €309 | +€173 | +127% |
| Recurring financial income | 75 | €136 | €309 | +€173 | +127% |
| Financial charges | 65/66B | €7,396 | €2,338 | -€5,057 | -68.4% |
| Recurring financial charges | 65 | €7,396 | €2,338 | -€5,057 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | -€68,825 | -€277,619 | -€208,794 | -303% |
| Income taxes | 67/77 | €2,312 | €1,699 | -€613 | -26.5% |
| Profit (loss) for the period | 9904 | -€71,137 | -€279,318 | -€208,181 | -293% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,137 | -€279,318 | -€208,181 | -293% |
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 15 October 2026 via checked.be.