BRIGITIN: what changed
Two fiscal 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.
BRIGITIN
Largest movements
- Receivables within one year -€18,284
down €18,284 (-29.1%), from €62,762 to €44,478
of which Trade receivables: -€15,826
- Tangible fixed assets -€6,903
down €6,903 (-30.6%), from €22,538 to €15,635
- Trade debts -€17,486
down €17,486 (-57.7%), from €30,323 to €12,836
- Profit (loss) carried forward -€3,785
down €3,785 (-8.5%), from -€44,629 to -€48,414
- Tax, wage and social debts -€3,305
down €3,305 (-51.8%), from €6,380 to €3,075
of which Taxes: -€2,689
- Gross operating margin -€11,138
down €11,138 (-15.0%), from €74,100 to €62,963
- Financial charges +€4,536
up €4,536 (+532.0%), from €853 to €5,389
- Staff costs +€1,171
up €1,171 (+2.2%), from €52,540 to €53,711
- Depreciation -€1,129
down €1,129 (-14.1%), from €8,032 to €6,903
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 | €197,589 | €171,706 | -€25,883 | -13.1% |
| Fixed assets | 21/28 | €22,538 | €15,635 | -€6,903 | -30.6% |
| Tangible fixed assets | 22/27 | €22,538 | €15,635 | -€6,903 | -30.6% |
| Plant, machinery and equipment | 23 | €922 | €176 | -€747 | -80.9% |
| Furniture and vehicles | 24 | €3,504 | €781 | -€2,724 | -77.7% |
| Other tangible fixed assets | 26 | €18,111 | €14,678 | -€3,433 | -19.0% |
| Current assets | 29/58 | €175,051 | €156,071 | -€18,980 | -10.8% |
| Stocks and contracts in progress | 3 | €3,939 | €3,682 | -€257 | -6.5% |
| Stocks | 30/36 | €3,939 | €3,682 | -€257 | -6.5% |
| Amounts receivable within one year | 40/41 | €62,762 | €44,478 | -€18,284 | -29.1% |
| Trade receivables | 40 | €52,213 | €36,387 | -€15,826 | -30.3% |
| Other amounts receivable | 41 | €10,549 | €8,091 | -€2,458 | -23.3% |
| Cash at bank and in hand | 54/58 | €105,393 | €105,294 | -€98 | -0.1% |
| Deferred charges and accrued income | 490/1 | €2,958 | €2,617 | -€340 | -11.5% |
| Total equity and liabilities | 10/49 | €197,589 | €171,706 | -€25,883 | -13.1% |
| Equity | 10/15 | €131,841 | €128,056 | -€3,785 | -2.9% |
| Reserves | 13 | €176,470 | €176,470 | = | 0.0% |
| Distributable reserves | 133 | €176,470 | €176,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,629 | -€48,414 | -€3,785 | -8.5% |
| Amounts payable | 17/49 | €65,748 | €43,650 | -€22,099 | -33.6% |
| Amounts payable within one year | 42/48 | €65,392 | €43,606 | -€21,786 | -33.3% |
| Financial debts | 43 | €709 | - | -€709 | |
| Credit institutions | 430/8 | €709 | - | -€709 | |
| Trade debts | 44 | €30,323 | €12,836 | -€17,486 | -57.7% |
| Suppliers | 440/4 | €30,323 | €12,836 | -€17,486 | -57.7% |
| Taxes, remuneration and social security | 45 | €6,380 | €3,075 | -€3,305 | -51.8% |
| Taxes | 450/3 | €2,957 | €268 | -€2,689 | -90.9% |
| Remuneration and social security | 454/9 | €3,423 | €2,806 | -€616 | -18.0% |
| Other amounts payable | 47/48 | €27,981 | €27,695 | -€286 | -1.0% |
| Accrued charges and deferred income | 492/3 | €356 | €44 | -€312 | -87.7% |
| Remuneration, social security and pensions | 62 | €52,540 | €53,711 | +€1,171 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,032 | €6,903 | -€1,129 | -14.1% |
| Other operating charges | 640/8 | €960 | €613 | -€347 | -36.1% |
| Gross operating margin | 9900 | €74,100 | €62,963 | -€11,138 | -15.0% |
| Operating profit (loss) | 9901 | €12,568 | €1,735 | -€10,833 | -86.2% |
| Financial income | 75/76B | €164 | €10 | -€154 | -94.0% |
| Recurring financial income | 75 | €164 | €10 | -€154 | -94.0% |
| Financial charges | 65/66B | €853 | €5,389 | +€4,536 | +532.0% |
| Recurring financial charges | 65 | €853 | €5,389 | +€4,536 | +532.0% |
| Profit (loss) for the period before taxes | 9903 | €11,880 | -€3,644 | -€15,524 | |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | €11,752 | -€3,785 | -€15,536 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,752 | -€3,785 | -€15,536 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.