Brightspace: 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.
Brightspace
Largest movements
- Receivables within one year +€47,303
up €47,303 (+11,086%), from €427 to €47,730
of which Trade receivables: +€47,730
- Cash +€33,109
up €33,109 (+15,473%), from €214 to €33,323
mainly Trade debts (+€66,921) and Other debts (+€11,133)
- Deferred charges and accrued income +€7,683
new in 2025: €7,683
- Trade debts +€66,921
up €66,921 (+15,296%), from €438 to €67,359
- Other debts +€11,133
up €11,133 (+7.0%), from €159,612 to €170,745
- Profit (loss) carried forward +€5,871
up €5,871 (+4.4%), from -€134,180 to -€128,309
- Tax, wage and social debts +€3,617
up €3,617 (+807%), from €448 to €4,065
- Gross operating margin +€17,740
up €17,740, from -€1,576 to €16,164
- Financial charges +€565
up €565 (+6.1%), from €9,184 to €9,749
- Staff costs -€163
down €163 (-100%), from €163 to €0
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 | €55,641 | €143,736 | +€88,095 | +158% |
| Fixed assets | 21/28 | €55,000 | €55,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €55,000 | €55,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €55,000 | €55,000 | = | 0.0% |
| Current assets | 29/58 | €641 | €88,736 | +€88,095 | +13,751% |
| Amounts receivable within one year | 40/41 | €427 | €47,730 | +€47,303 | +11,086% |
| Trade receivables | 40 | €0 | €47,730 | +€47,730 | |
| Other amounts receivable | 41 | €427 | €0 | -€427 | -100% |
| Cash at bank and in hand | 54/58 | €214 | €33,323 | +€33,109 | +15,473% |
| Deferred charges and accrued income | 490/1 | - | €7,683 | +€7,683 | |
| Total equity and liabilities | 10/49 | €55,641 | €143,736 | +€88,095 | +158% |
| Equity | 10/15 | -€114,180 | -€108,309 | +€5,871 | +5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,180 | -€128,309 | +€5,871 | +4.4% |
| Amounts payable | 17/49 | €169,821 | €252,045 | +€82,224 | +48.4% |
| Amounts payable within one year | 42/48 | €160,498 | €242,169 | +€81,671 | +50.9% |
| Trade debts | 44 | €438 | €67,359 | +€66,921 | +15,296% |
| Suppliers | 440/4 | €438 | €67,359 | +€66,921 | +15,296% |
| Taxes, remuneration and social security | 45 | €448 | €4,065 | +€3,617 | +807% |
| Taxes | 450/3 | €448 | €4,065 | +€3,617 | +807% |
| Other amounts payable | 47/48 | €159,612 | €170,745 | +€11,133 | +7.0% |
| Accrued charges and deferred income | 492/3 | €9,323 | €9,876 | +€553 | +5.9% |
| Remuneration, social security and pensions | 62 | €163 | €0 | -€163 | -100% |
| Other operating charges | 640/8 | €627 | €544 | -€83 | -13.2% |
| Gross operating margin | 9900 | -€1,576 | €16,164 | +€17,740 | |
| Operating profit (loss) | 9901 | -€2,367 | €15,620 | +€17,986 | |
| Financial charges | 65/66B | €9,184 | €9,749 | +€565 | +6.1% |
| Recurring financial charges | 65 | €9,184 | €9,749 | +€565 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,551 | €5,871 | +€17,422 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€11,551 | €5,871 | +€17,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,551 | €5,871 | +€17,422 |
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 16 October 2026 via checked.be.