BrightML: 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.
BrightML
Largest movements
- Cash +€70,050
up €70,050 (+29.2%), from €240,066 to €310,116
mainly Other debts (+€250,000) and Net result for the year (+€61,523)
- Receivables within one year -€9,814
down €9,814 (-16.8%), from €58,483 to €48,670
of which Trade receivables: -€14,868
- Other debts +€250,000
new in 2024: €250,000
- Profit (loss) carried forward -€188,477
down €188,477 (-66.2%), from €284,820 to €96,342
- Tax, wage and social debts -€5,041
down €5,041 (-45.3%), from €11,136 to €6,095
- Gross operating margin +€14,678
up €14,678 (+21.2%), from €69,357 to €84,035
- Taxes +€3,163
up €3,163 (+23.9%), from €13,216 to €16,379
- Depreciation +€1,228
up €1,228 (+27.5%), from €4,474 to €5,702
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,104 | €380,908 | +€59,804 | +18.6% |
| Fixed assets | 21/28 | €22,555 | €21,410 | -€1,144 | -5.1% |
| Tangible fixed assets | 22/27 | €22,555 | €21,410 | -€1,144 | -5.1% |
| Plant, machinery and equipment | 23 | €4,479 | €5,042 | +€562 | +12.6% |
| Furniture and vehicles | 24 | €7,085 | €6,705 | -€379 | -5.4% |
| Other tangible fixed assets | 26 | €10,991 | €9,663 | -€1,327 | -12.1% |
| Current assets | 29/58 | €298,549 | €359,498 | +€60,948 | +20.4% |
| Amounts receivable within one year | 40/41 | €58,483 | €48,670 | -€9,814 | -16.8% |
| Trade receivables | 40 | €42,523 | €27,655 | -€14,868 | -35.0% |
| Other amounts receivable | 41 | €15,961 | €21,015 | +€5,054 | +31.7% |
| Cash at bank and in hand | 54/58 | €240,066 | €310,116 | +€70,050 | +29.2% |
| Deferred charges and accrued income | 490/1 | - | €712 | +€712 | |
| Total equity and liabilities | 10/49 | €321,104 | €380,908 | +€59,804 | +18.6% |
| Equity | 10/15 | €308,280 | €119,802 | -€188,477 | -61.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,860 | €4,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,820 | €96,342 | -€188,477 | -66.2% |
| Amounts payable | 17/49 | €12,824 | €261,106 | +€248,281 | +1,936% |
| Amounts payable within one year | 42/48 | €12,824 | €261,106 | +€248,281 | +1,936% |
| Trade debts | 44 | €1,688 | €5,011 | +€3,323 | +197% |
| Suppliers | 440/4 | €1,688 | €5,011 | +€3,323 | +197% |
| Taxes, remuneration and social security | 45 | €11,136 | €6,095 | -€5,041 | -45.3% |
| Taxes | 450/3 | €11,136 | €6,095 | -€5,041 | -45.3% |
| Other amounts payable | 47/48 | - | €250,000 | +€250,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,474 | €5,702 | +€1,228 | +27.5% |
| Other operating charges | 640/8 | €535 | €599 | +€64 | +12.0% |
| Gross operating margin | 9900 | €69,357 | €84,035 | +€14,678 | +21.2% |
| Operating profit (loss) | 9901 | €64,349 | €77,735 | +€13,386 | +20.8% |
| Financial income | 75/76B | €0 | €792 | +€791 | +494,675% |
| Recurring financial income | 75 | €0 | €792 | +€791 | +494,675% |
| Financial charges | 65/66B | €1,235 | €625 | -€610 | -49.4% |
| Recurring financial charges | 65 | €1,235 | €625 | -€610 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €63,114 | €77,901 | +€14,787 | +23.4% |
| Income taxes | 67/77 | €13,216 | €16,379 | +€3,163 | +23.9% |
| Profit (loss) for the period | 9904 | €49,898 | €61,523 | +€11,625 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,898 | €61,523 | +€11,625 | +23.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.