BRIGOGEST: 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.
What changed
BRIGOGEST
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€40,388
2024 · €67,899-€108,288
Equity
€547,929
2024 · €588,317-€40,388
Cash
€10,758
2024 · €63,640-€52,882
Balance sheet total
€1.9m
2024 · €2.0m-€59,709
Largest movements
Assets
- Cash -€52,882
down €52,882 (-83.1%), from €63,640 to €10,758
mainly Investment in fixed assets (net) (-€66,021) and Debts after one year (-€60,854)
Equity and liabilities
- Debts after one year -€60,854
down €60,854 (-6.1%), from €991,710 to €930,856
- Other debts +€43,965
up €43,965 (+45.0%), from €97,607 to €141,572
- Reserves -€23,349
down €23,349 (-2.4%), from €989,293 to €965,944
of which Tax-exempt reserves: -€23,349
Income statement
- Gross operating margin -€133,930
down €133,930 (-69.6%), from €192,448 to €58,518
- Financial income -€8,781
down €8,781 (-97.4%), from €9,019 to €238
of which Non-recurring financial income: -€7,500
- Taxes -€2,009
down €2,009 (-91.3%), from €2,202 to €192
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.
Result 2024
€67,899
Gross operating margin
-€133,930
Staff costs
+€107
Depreciation
-€1,836
Other operating charges
+€1,529
Financial income
-€8,781
Financial charges
-€1,170
Taxes
+€2,009
Deferred taxes and other
+€33,784
Result 2025
-€40,388
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€72,604
Investment
-€66,021
Financing
-€59,465
Cash 2024
€63,640
From operations (derived)
+€72,604
Net result for the year
-€40,388
Depreciation
+€72,777
Receivables within one year
+€1,770
Deferred charges and accrued income
-€1,699
Provisions
-€7,783
Trade debts
+€4,006
Tax, wage and social debts
-€44
Other debts
+€43,965
Investment (derived)
-€66,021
Investment in fixed assets (net)
-€66,021
Financing
-€59,465
Debts after one year
-€60,854
Current portion of long-term debt
+€1,388
Cash 2025
€10,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,955,257 | €1,895,548 | -€59,709 | -3.1% |
| Fixed assets | 21/28 | €1,831,481 | €1,824,726 | -€6,755 | -0.4% |
| Tangible fixed assets | 22/27 | €1,831,481 | €1,824,726 | -€6,755 | -0.4% |
| Land and buildings | 22 | €1,751,518 | €1,698,715 | -€52,803 | -3.0% |
| Plant, machinery and equipment | 23 | €77,465 | €124,884 | +€47,419 | +61.2% |
| Furniture and vehicles | 24 | €2,498 | €1,126 | -€1,372 | -54.9% |
| Current assets | 29/58 | €123,776 | €70,822 | -€52,954 | -42.8% |
| Stocks and contracts in progress | 3 | €57,915 | €57,915 | = | 0.0% |
| Stocks | 30/36 | €57,915 | €57,915 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,883 | €113 | -€1,770 | -94.0% |
| Other amounts receivable | 41 | €1,883 | €113 | -€1,770 | -94.0% |
| Cash at bank and in hand | 54/58 | €63,640 | €10,758 | -€52,882 | -83.1% |
| Deferred charges and accrued income | 490/1 | €338 | €2,036 | +€1,699 | +503% |
| Total equity and liabilities | 10/49 | €1,955,257 | €1,895,548 | -€59,709 | -3.1% |
| Equity | 10/15 | €588,317 | €547,929 | -€40,388 | -6.9% |
| Contributions | 10/11 | €49,600 | €49,600 | = | 0.0% |
| Reserves | 13 | €989,293 | €965,944 | -€23,349 | -2.4% |
| Tax-exempt reserves | 132 | €630,247 | €606,899 | -€23,349 | -3.7% |
| Distributable reserves | 133 | €359,046 | €359,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€450,576 | -€467,616 | -€17,040 | -3.8% |
| Provisions and deferred taxes | 16 | €210,082 | €202,300 | -€7,783 | -3.7% |
| Deferred taxes | 168 | €210,082 | €202,300 | -€7,783 | -3.7% |
| Amounts payable | 17/49 | €1,156,857 | €1,145,319 | -€11,538 | -1.0% |
| Amounts payable after more than one year | 17 | €991,710 | €930,856 | -€60,854 | -6.1% |
| Financial debts | 170/4 | €991,710 | €930,856 | -€60,854 | -6.1% |
| Amounts payable within one year | 42/48 | €159,270 | €208,586 | +€49,316 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €59,465 | €60,854 | +€1,388 | +2.3% |
| Trade debts | 44 | €2,033 | €6,039 | +€4,006 | +197% |
| Suppliers | 440/4 | €2,033 | €6,039 | +€4,006 | +197% |
| Taxes, remuneration and social security | 45 | €165 | €121 | -€44 | -26.6% |
| Taxes | 450/3 | €165 | €121 | -€44 | -26.6% |
| Other amounts payable | 47/48 | €97,607 | €141,572 | +€43,965 | +45.0% |
| Accrued charges and deferred income | 492/3 | €5,877 | €5,877 | = | 0.0% |
| Non-recurring operating income | 76A | €131,453 | - | -€131,453 | |
| Remuneration, social security and pensions | 62 | €107 | - | -€107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,941 | €72,777 | +€1,836 | +2.6% |
| Other operating charges | 640/8 | €10,587 | €9,058 | -€1,529 | -14.4% |
| Gross operating margin | 9900 | €192,448 | €58,518 | -€133,930 | -69.6% |
| Operating profit (loss) | 9901 | €110,814 | -€23,316 | -€134,130 | |
| Financial income | 75/76B | €9,019 | €238 | -€8,781 | -97.4% |
| Recurring financial income | 75 | €1,519 | €238 | -€1,281 | -84.4% |
| Non-recurring financial income | 76B | €7,500 | - | -€7,500 | |
| Financial charges | 65/66B | €23,730 | €24,900 | +€1,170 | +4.9% |
| Recurring financial charges | 65 | €23,730 | €24,900 | +€1,170 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €96,103 | -€47,979 | -€144,081 | |
| Transfer from deferred taxes | 780 | €6,862 | €7,783 | +€921 | +13.4% |
| Transfer to deferred taxes | 680 | €32,863 | - | -€32,863 | |
| Income taxes | 67/77 | €2,202 | €192 | -€2,009 | -91.3% |
| Profit (loss) for the period | 9904 | €67,899 | -€40,388 | -€108,288 | |
| Transfer from tax-exempt reserves | 789 | €20,587 | €23,349 | +€2,762 | +13.4% |
| Transfer to tax-exempt reserves | 689 | €98,590 | - | -€98,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,104 | -€17,040 | -€6,936 | -68.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.