BRIGHTWARE: 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.
BRIGHTWARE
Largest movements
- Cash +€43,699
up €43,699 (+37.6%), from €116,082 to €159,781
mainly Net result for the year (+€42,071) and Trade debts (+€30,208)
- Tangible fixed assets +€37,500
new in 2025: €37,500
- Receivables within one year -€17,852
down €17,852 (-74.2%), from €24,061 to €6,209
of which Trade receivables: -€15,754
- Reserves +€42,071
up €42,071 (+42.6%), from €98,793 to €140,864
- Trade debts +€30,208
up €30,208 (+14596.6%), from €207 to €30,415
- Tax, wage and social debts -€8,931
down €8,931 (-23.1%), from €38,644 to €29,712
of which Taxes: -€8,931
- Gross operating margin +€11,107
up €11,107 (+20.6%), from €54,011 to €65,118
- Depreciation +€7,500
new in 2025: €7,500
- Taxes +€3,974
up €3,974 (+36.6%), from €10,867 to €14,841
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 | €140,143 | €203,491 | +€63,347 | +45.2% |
| Fixed assets | 21/28 | - | €37,500 | +€37,500 | |
| Tangible fixed assets | 22/27 | - | €37,500 | +€37,500 | |
| Furniture and vehicles | 24 | - | €37,500 | +€37,500 | |
| Current assets | 29/58 | €140,143 | €165,991 | +€25,847 | +18.4% |
| Amounts receivable within one year | 40/41 | €24,061 | €6,209 | -€17,852 | -74.2% |
| Trade receivables | 40 | €15,754 | - | -€15,754 | |
| Other amounts receivable | 41 | €8,307 | €6,209 | -€2,098 | -25.3% |
| Cash at bank and in hand | 54/58 | €116,082 | €159,781 | +€43,699 | +37.6% |
| Total equity and liabilities | 10/49 | €140,143 | €203,491 | +€63,347 | +45.2% |
| Equity | 10/15 | €101,293 | €143,364 | +€42,071 | +41.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €98,793 | €140,864 | +€42,071 | +42.6% |
| Distributable reserves | 133 | €98,793 | €140,864 | +€42,071 | +42.6% |
| Amounts payable | 17/49 | €38,851 | €60,127 | +€21,276 | +54.8% |
| Amounts payable within one year | 42/48 | €38,851 | €60,127 | +€21,276 | +54.8% |
| Trade debts | 44 | €207 | €30,415 | +€30,208 | +14596.6% |
| Suppliers | 440/4 | €207 | €30,415 | +€30,208 | +14596.6% |
| Taxes, remuneration and social security | 45 | €38,644 | €29,712 | -€8,931 | -23.1% |
| Taxes | 450/3 | €34,929 | €25,998 | -€8,931 | -25.6% |
| Remuneration and social security | 454/9 | €3,715 | €3,715 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,500 | +€7,500 | |
| Other operating charges | 640/8 | €141 | €562 | +€422 | +300.1% |
| Gross operating margin | 9900 | €54,011 | €65,118 | +€11,107 | +20.6% |
| Operating profit (loss) | 9901 | €53,870 | €57,056 | +€3,186 | +5.9% |
| Financial income | 75/76B | €0 | €1 | +€1 | +510.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +510.0% |
| Financial charges | 65/66B | €133 | €145 | +€12 | +8.7% |
| Recurring financial charges | 65 | €133 | €145 | +€12 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €53,737 | €56,912 | +€3,175 | +5.9% |
| Income taxes | 67/77 | €10,867 | €14,841 | +€3,974 | +36.6% |
| Profit (loss) for the period | 9904 | €42,870 | €42,071 | -€799 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,870 | €42,071 | -€799 | -1.9% |
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 11 October 2026 via checked.be.