BRILLANCE: 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.
BRILLANCE
Largest movements
- Receivables within one year +€4,719
up €4,719 (+42.0%), from €11,241 to €15,960
of which Trade receivables: +€4,884
- Tangible fixed assets -€438
down €438 (-50.1%), from €875 to €437
- Deferred charges and accrued income +€274
up €274 (+34.4%), from €797 to €1,071
- Cash +€258
up €258 (+13.5%), from €1,914 to €2,172
mainly Net result for the year (+€7,845) and Depreciation (+€437)
- Profit (loss) carried forward +€7,845
up €7,845 (+167%), from €4,685 to €12,530
- Trade debts -€1,832
down €1,832 (-87.6%), from €2,091 to €259
- Other debts -€533
no longer reported in 2025 (was €533)
- Short-term financial debts -€360
down €360 (-31.0%), from €1,161 to €801
- Tax, wage and social debts -€307
no longer reported in 2025 (was €307)
- Gross operating margin +€14,110
up €14,110 (+1,795%), from €786 to €14,896
- Taxes +€5,316
new in 2025: €5,316
- Other operating charges +€393
up €393 (+46.4%), from €847 to €1,240
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 | €15,027 | €19,840 | +€4,813 | +32.0% |
| Fixed assets | 21/28 | €1,075 | €637 | -€438 | -40.7% |
| Tangible fixed assets | 22/27 | €875 | €437 | -€438 | -50.1% |
| Plant, machinery and equipment | 23 | €875 | €437 | -€438 | -50.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €13,952 | €19,203 | +€5,251 | +37.6% |
| Amounts receivable within one year | 40/41 | €11,241 | €15,960 | +€4,719 | +42.0% |
| Trade receivables | 40 | €7,853 | €12,737 | +€4,884 | +62.2% |
| Other amounts receivable | 41 | €3,388 | €3,223 | -€165 | -4.9% |
| Cash at bank and in hand | 54/58 | €1,914 | €2,172 | +€258 | +13.5% |
| Deferred charges and accrued income | 490/1 | €797 | €1,071 | +€274 | +34.4% |
| Total equity and liabilities | 10/49 | €15,027 | €19,840 | +€4,813 | +32.0% |
| Equity | 10/15 | €10,935 | €18,780 | +€7,845 | +71.7% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,685 | €12,530 | +€7,845 | +167% |
| Amounts payable | 17/49 | €4,092 | €1,060 | -€3,032 | -74.1% |
| Amounts payable within one year | 42/48 | €4,092 | €1,060 | -€3,032 | -74.1% |
| Financial debts | 43 | €1,161 | €801 | -€360 | -31.0% |
| Credit institutions | 430/8 | €1,161 | €801 | -€360 | -31.0% |
| Trade debts | 44 | €2,091 | €259 | -€1,832 | -87.6% |
| Suppliers | 440/4 | €2,091 | €259 | -€1,832 | -87.6% |
| Taxes, remuneration and social security | 45 | €307 | - | -€307 | |
| Taxes | 450/3 | €307 | - | -€307 | |
| Other amounts payable | 47/48 | €533 | - | -€533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437 | €437 | = | 0.0% |
| Other operating charges | 640/8 | €847 | €1,240 | +€393 | +46.4% |
| Gross operating margin | 9900 | €786 | €14,896 | +€14,110 | +1,795% |
| Operating profit (loss) | 9901 | -€498 | €13,219 | +€13,717 | |
| Financial charges | 65/66B | €110 | €58 | -€52 | -47.3% |
| Recurring financial charges | 65 | €110 | €58 | -€52 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | -€608 | €13,161 | +€13,769 | |
| Income taxes | 67/77 | - | €5,316 | +€5,316 | |
| Profit (loss) for the period | 9904 | -€608 | €7,845 | +€8,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€608 | €7,845 | +€8,453 |
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 18 October 2026 via checked.be.