Brilliant Facets: 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
Brilliant Facets
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€8.2m
2024 · €4.5m-€12.7m
Equity
€7.1m
2024 · €15.3m-€8.2m
Cash
€2.8m
2024 · €440,260+€2.3m
Balance sheet total
€12.9m
2024 · €21.5m-€8.6m
Largest movements
Assets
- Receivables within one year -€14.1m
down €14.1m (-79.1%), from €17.8m to €3.7m
of which Trade receivables: -€14.1m
- Stocks and contracts +€3.2m
up €3.2m (+340%), from €931,091 to €4.1m
- Cash +€2.3m
up €2.3m (+529%), from €440,260 to €2.8m
mainly Receivables within one year (+€14.1m) and Advances received (+€863,036)
Equity and liabilities
- Reserves -€8.2m
down €8.2m (-53.9%), from €15.3m to €7.1m
- Trade debts -€997,516
down €997,516 (-17.0%), from €5.9m to €4.9m
- Advances received +€863,036
new in 2025: €863,036
- Other debts -€224,145
no longer reported in 2025 (was €224,145)
Income statement
- Turnover -€30.8m
down €30.8m (-75.7%), from €40.7m to €9.9m
- Goods and materials -€18.1m
down €18.1m (-53.3%), from €34.0m to €15.9m
of which Change in stocks: decrease (increase): -€14.4m
- Financial charges +€1.7m
up €1.7m (+97.6%), from €1.7m to €3.4m
of which Financial charges: +€1.6m
- Financial income +€1.3m
up €1.3m (+77.4%), from €1.7m to €3.0m
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
€4.5m
Turnover
-€30.8m
Other operating income
-€37,491
Goods and materials
+€18.1m
Services and other goods
+€359,999
Staff costs
+€14,706
Depreciation
+€19,442
Write-downs
-€92,457
Other operating charges
-€864
Other operating items
-€918
Financial income
+€1.3m
Financial charges
-€1.7m
Taxes
+€36,736
Result 2025
-€8.2m
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
+€2.3m
Investment
+€47,156
Financing
€0
Cash 2024
€440,260
From operations (derived)
+€2.3m
Net result for the year
-€8.2m
Depreciation
+€54,604
Receivables after one year
-€75,000
Stocks and contracts
-€3.2m
Receivables within one year
+€14.1m
Smaller working-capital items
+€6,547
Trade debts
-€997,516
Advances received
+€863,036
Other debts
-€224,145
Investment (derived)
+€47,156
Investment in fixed assets (net)
+€47,156
Cash 2025
€2.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,501,260 | €12,900,305 | -€8.6m | -40.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €170,343 | €68,583 | -€101,761 | -59.7% |
| Tangible fixed assets | 22/27 | €105,568 | €53,808 | -€51,761 | -49.0% |
| Plant, machinery and equipment | 23 | €35,300 | €14,481 | -€20,819 | -59.0% |
| Furniture and vehicles | 24 | €65,800 | €36,367 | -€29,433 | -44.7% |
| Other tangible fixed assets | 26 | €4,468 | €2,960 | -€1,508 | -33.8% |
| Financial fixed assets | 28 | €64,775 | €14,775 | -€50,000 | -77.2% |
| Affiliated companies | 280/1 | €50,000 | - | -€50,000 | |
| Participating interests | 280 | €50,000 | - | -€50,000 | |
| Other financial fixed assets | 284/8 | €14,775 | €14,775 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €14,775 | €14,775 | = | 0.0% |
| Current assets | 29/58 | €21,330,917 | €12,831,722 | -€8.5m | -39.8% |
| Amounts receivable after more than one year | 29 | €2,145,000 | €2,220,000 | +€75,000 | +3.5% |
| Trade receivables | 290 | €2,145,000 | €2,220,000 | +€75,000 | +3.5% |
| Stocks and contracts in progress | 3 | €931,091 | €4,093,783 | +€3.2m | +340% |
| Stocks | 30/36 | €931,091 | €4,093,783 | +€3.2m | +340% |
| Goods purchased for resale | 34 | €931,091 | €4,093,783 | +€3.2m | +340% |
| Amounts receivable within one year | 40/41 | €17,787,287 | €3,722,266 | -€14.1m | -79.1% |
| Trade receivables | 40 | €17,553,676 | €3,411,684 | -€14.1m | -80.6% |
| Other amounts receivable | 41 | €233,610 | €310,582 | +€76,972 | +32.9% |
| Cash at bank and in hand | 54/58 | €440,260 | €2,768,438 | +€2.3m | +529% |
| Deferred charges and accrued income | 490/1 | €27,279 | €27,235 | -€44 | -0.2% |
| Total equity and liabilities | 10/49 | €21,501,260 | €12,900,305 | -€8.6m | -40.0% |
| Equity | 10/15 | €15,334,296 | €7,085,463 | -€8.2m | -53.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,315,696 | €7,066,863 | -€8.2m | -53.9% |
| Distributable reserves | 133 | €15,315,696 | €7,066,863 | -€8.2m | -53.9% |
| Amounts payable | 17/49 | €6,166,964 | €5,814,842 | -€352,121 | -5.7% |
| Amounts payable within one year | 42/48 | €6,166,964 | €5,814,600 | -€352,363 | -5.7% |
| Trade debts | 44 | €5,872,578 | €4,875,062 | -€997,516 | -17.0% |
| Suppliers | 440/4 | €5,872,578 | €4,875,062 | -€997,516 | -17.0% |
| Advances received on contracts in progress | 46 | - | €863,036 | +€863,036 | |
| Taxes, remuneration and social security | 45 | €70,241 | €76,503 | +€6,261 | +8.9% |
| Taxes | 450/3 | €12,872 | €15,953 | +€3,080 | +23.9% |
| Remuneration and social security | 454/9 | €57,369 | €60,550 | +€3,181 | +5.5% |
| Other amounts payable | 47/48 | €224,145 | - | -€224,145 | |
| Accrued charges and deferred income | 492/3 | - | €242 | +€242 | |
| Operating income | 70/76A | €40,735,368 | €9,899,315 | -€30.8m | -75.7% |
| Turnover | 70 | €40,676,354 | €9,877,791 | -€30.8m | -75.7% |
| Other operating income | 74 | €59,015 | €21,524 | -€37,491 | -63.5% |
| Operating charges | 60/66A | €36,214,705 | €17,799,714 | -€18.4m | -50.8% |
| Goods for resale, raw materials and consumables | 60 | €34,006,842 | €15,891,760 | -€18.1m | -53.3% |
| Purchases | 600/8 | €22,774,402 | €19,054,452 | -€3.7m | -16.3% |
| Change in stocks: decrease (increase) | 609 | €11,232,441 | -€3,162,692 | -€14.4m | |
| Services and other goods | 61 | €1,601,848 | €1,241,848 | -€359,999 | -22.5% |
| Remuneration, social security and pensions | 62 | €528,209 | €513,503 | -€14,706 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,046 | €54,604 | -€19,442 | -26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €92,457 | +€92,457 | |
| Other operating charges | 640/8 | €3,760 | €4,624 | +€864 | +23.0% |
| Non-recurring operating charges | 66A | - | €918 | +€918 | |
| Operating profit (loss) | 9901 | €4,520,663 | -€7,900,398 | -€12.4m | |
| Financial income | 75/76B | €1,715,165 | €3,042,969 | +€1.3m | +77.4% |
| Recurring financial income | 75 | €1,715,165 | €3,042,969 | +€1.3m | +77.4% |
| Income from current assets | 751 | - | €43,963 | +€43,963 | |
| Other financial income | 752/9 | €1,715,165 | €2,999,006 | +€1.3m | +74.9% |
| Financial charges | 65/66B | €1,699,697 | €3,359,137 | +€1.7m | +97.6% |
| Recurring financial charges | 65 | €1,699,697 | €3,309,137 | +€1.6m | +94.7% |
| Debt charges | 650 | €23,707 | €1,656 | -€22,051 | -93.0% |
| Other financial charges | 652/9 | €1,675,990 | €3,307,481 | +€1.6m | +97.3% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €4,536,130 | -€8,216,566 | -€12.8m | |
| Income taxes | 67/77 | €69,003 | €32,267 | -€36,736 | -53.2% |
| Taxes | 670/3 | €69,003 | €32,267 | -€36,736 | -53.2% |
| Profit (loss) for the period | 9904 | €4,467,127 | -€8,248,833 | -€12.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €4,467,127 | -€8,248,833 | -€12.7m |
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 22 October 2026 via checked.be.