BRILLO: 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.
BRILLO
Largest movements
- Receivables within one year -€51,850
down €51,850 (-11.1%), from €467,173 to €415,324
of which Other amounts receivable: -€80,267
- Stocks and contracts +€27,113
up €27,113 (+284.6%), from €9,525 to €36,639
- Tangible fixed assets +€27,004
up €27,004 (+55.6%), from €48,536 to €75,539
of which Plant, machinery and equipment: +€18,877
- Cash +€18,205
up €18,205 (+6.7%), from €272,661 to €290,866
mainly Receivables within one year (+€51,850) and Depreciation (+€29,237)
- Tax, wage and social debts -€40,497
down €40,497 (-18.7%), from €216,361 to €175,864
of which Remuneration and social security: -€38,932
- Trade debts +€22,177
up €22,177 (+59.9%), from €36,996 to €59,174
- Other debts +€15,880
up €15,880 (+26.5%), from €59,997 to €75,877
- Current portion of long-term debt +€12,413
new in 2024: €12,413
- Debts after one year +€8,560
new in 2024: €8,560
- Gross operating margin +€106,221
up €106,221 (+7.8%), from €1.4m to €1.5m
- Staff costs +€68,734
up €68,734 (+5.2%), from €1.3m to €1.4m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €804,135 | €821,527 | +€17,391 | +2.2% |
| Fixed assets | 21/28 | €53,471 | €77,139 | +€23,669 | +44.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €48,536 | €75,539 | +€27,004 | +55.6% |
| Plant, machinery and equipment | 23 | €14,421 | €33,298 | +€18,877 | +130.9% |
| Furniture and vehicles | 24 | €34,114 | €42,241 | +€8,126 | +23.8% |
| Financial fixed assets | 28 | €4,935 | €1,600 | -€3,335 | -67.6% |
| Current assets | 29/58 | €750,665 | €744,387 | -€6,277 | -0.8% |
| Stocks and contracts in progress | 3 | €9,525 | €36,639 | +€27,113 | +284.6% |
| Stocks | 30/36 | €9,525 | €36,639 | +€27,113 | +284.6% |
| Amounts receivable within one year | 40/41 | €467,173 | €415,324 | -€51,850 | -11.1% |
| Trade receivables | 40 | €79,459 | €107,876 | +€28,417 | +35.8% |
| Other amounts receivable | 41 | €387,715 | €307,448 | -€80,267 | -20.7% |
| Cash at bank and in hand | 54/58 | €272,661 | €290,866 | +€18,205 | +6.7% |
| Deferred charges and accrued income | 490/1 | €1,306 | €1,560 | +€254 | +19.4% |
| Total equity and liabilities | 10/49 | €804,135 | €821,527 | +€17,391 | +2.2% |
| Equity | 10/15 | €395,257 | €396,591 | +€1,334 | +0.3% |
| Contributions | 10/11 | €19,533 | €19,783 | +€250 | +1.3% |
| Reserves | 13 | €2,182 | €2,182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,182 | €2,182 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,182 | €2,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | €366,794 | €369,878 | +€3,084 | +0.8% |
| Investment grants | 15 | €6,748 | €4,748 | -€2,000 | -29.6% |
| Amounts payable | 17/49 | €408,878 | €424,936 | +€16,057 | +3.9% |
| Amounts payable after more than one year | 17 | - | €8,560 | +€8,560 | |
| Financial debts | 170/4 | - | €8,560 | +€8,560 | |
| Amounts payable within one year | 42/48 | €402,044 | €416,375 | +€14,331 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,413 | +€12,413 | |
| Financial debts | 43 | €88,690 | €93,048 | +€4,357 | +4.9% |
| Credit institutions | 430/8 | €88,690 | €93,048 | +€4,357 | +4.9% |
| Trade debts | 44 | €36,996 | €59,174 | +€22,177 | +59.9% |
| Suppliers | 440/4 | €36,996 | €59,174 | +€22,177 | +59.9% |
| Taxes, remuneration and social security | 45 | €216,361 | €175,864 | -€40,497 | -18.7% |
| Taxes | 450/3 | €15,772 | €14,207 | -€1,565 | -9.9% |
| Remuneration and social security | 454/9 | €200,589 | €161,658 | -€38,932 | -19.4% |
| Other amounts payable | 47/48 | €59,997 | €75,877 | +€15,880 | +26.5% |
| Accrued charges and deferred income | 492/3 | €6,834 | €0 | -€6,834 | -100.0% |
| Non-recurring operating income | 76A | €7,757 | €60,598 | +€52,841 | +681.2% |
| Remuneration, social security and pensions | 62 | €1,327,490 | €1,396,224 | +€68,734 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,399 | €29,237 | +€6,839 | +30.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €221 | €658 | +€437 | +197.8% |
| Other operating charges | 640/8 | €3,153 | €4,838 | +€1,685 | +53.4% |
| Non-recurring operating charges | 66A | €5,000 | €38,569 | +€33,569 | +671.4% |
| Gross operating margin | 9900 | €1,365,557 | €1,471,778 | +€106,221 | +7.8% |
| Operating profit (loss) | 9901 | €7,295 | €2,252 | -€5,043 | -69.1% |
| Financial income | 75/76B | €2,135 | €6,698 | +€4,563 | +213.7% |
| Recurring financial income | 75 | €2,135 | €2,033 | -€102 | -4.8% |
| Non-recurring financial income | 76B | - | €4,665 | +€4,665 | |
| Financial charges | 65/66B | €7,370 | €5,866 | -€1,504 | -20.4% |
| Recurring financial charges | 65 | €5,122 | €5,848 | +€726 | +14.2% |
| Non-recurring financial charges | 66B | €2,248 | €18 | -€2,229 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €2,061 | €3,084 | +€1,023 | +49.7% |
| Profit (loss) for the period | 9904 | €2,061 | €3,084 | +€1,023 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,061 | €3,084 | +€1,023 | +49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.