Brilliant Antwerp: 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.
Brilliant Antwerp
Largest movements
- Stocks and contracts -€16,178
down €16,178 (-14.7%), from €110,225 to €94,047
- Deferred charges and accrued income +€5,600
new in 2025: €5,600
- Current portion of long-term debt -€24,000
no longer reported in 2025 (was €24,000)
- Other debts +€14,679
up €14,679 (+61.3%), from €23,960 to €38,639
- Reserves -€8,560
down €8,560 (-15.5%), from €55,360 to €46,800
of which Distributable reserves: -€6,700
- Tax, wage and social debts +€4,456
up €4,456 (+3,858%), from €116 to €4,572
of which Remuneration and social security: +€4,500
- Trade debts +€4,320
up €4,320 (+2,177%), from €198 to €4,518
- Gross operating margin -€12,344
down €12,344, from €4,555 to -€7,789
- Other operating charges +€594
up €594 (+931%), from €64 to €657
- Financial charges +€95
up €95 (+23.6%), from €403 to €498
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 | €110,225 | €100,736 | -€9,489 | -8.6% |
| Current assets | 29/58 | €110,225 | €100,736 | -€9,489 | -8.6% |
| Stocks and contracts in progress | 3 | €110,225 | €94,047 | -€16,178 | -14.7% |
| Stocks | 30/36 | €110,225 | €94,047 | -€16,178 | -14.7% |
| Amounts receivable within one year | 40/41 | - | €741 | +€741 | |
| Trade receivables | 40 | - | €741 | +€741 | |
| Cash at bank and in hand | 54/58 | - | €349 | +€349 | |
| Deferred charges and accrued income | 490/1 | - | €5,600 | +€5,600 | |
| Total equity and liabilities | 10/49 | €110,225 | €100,736 | -€9,489 | -8.6% |
| Equity | 10/15 | €61,951 | €53,007 | -€8,944 | -14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,360 | €46,800 | -€8,560 | -15.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €53,500 | €46,800 | -€6,700 | -12.5% |
| Profit (loss) carried forward | 14 | €391 | €7 | -€384 | -98.2% |
| Amounts payable | 17/49 | €48,274 | €47,729 | -€545 | -1.1% |
| Amounts payable within one year | 42/48 | €48,274 | €47,729 | -€545 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €24,000 | - | -€24,000 | |
| Trade debts | 44 | €198 | €4,518 | +€4,320 | +2,177% |
| Suppliers | 440/4 | €198 | €4,518 | +€4,320 | +2,177% |
| Taxes, remuneration and social security | 45 | €116 | €4,572 | +€4,456 | +3,858% |
| Taxes | 450/3 | €116 | €72 | -€44 | -37.9% |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €23,960 | €38,639 | +€14,679 | +61.3% |
| Other operating charges | 640/8 | €64 | €657 | +€594 | +931% |
| Gross operating margin | 9900 | €4,555 | -€7,789 | -€12,344 | |
| Operating profit (loss) | 9901 | €4,491 | -€8,446 | -€12,938 | |
| Financial charges | 65/66B | €403 | €498 | +€95 | +23.6% |
| Recurring financial charges | 65 | €403 | €498 | +€95 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €4,088 | -€8,944 | -€13,033 | |
| Profit (loss) for the period | 9904 | €4,088 | -€8,944 | -€13,033 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,088 | -€8,944 | -€13,033 |
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 21 October 2026 via checked.be.