BRILOU: 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.
BRILOU
Largest movements
- Cash +€60,923
up €60,923 (+36.0%), from €169,458 to €230,381
mainly Net result for the year (+€92,578) and Depreciation (+€37,045)
- Tangible fixed assets -€7,222
down €7,222 (-2.8%), from €259,101 to €251,879
of which Plant, machinery and equipment: -€13,722
- Reserves +€65,000
up €65,000 (+27.7%), from €235,000 to €300,000
- Other debts -€20,000
down €20,000 (-40.0%), from €50,000 to €30,000
- Tax, wage and social debts +€16,797
up €16,797 (+632.0%), from €2,658 to €19,455
- Debts after one year -€14,424
down €14,424 (-12.2%), from €118,031 to €103,607
- Trade debts +€9,255
up €9,255 (+2434.7%), from €380 to €9,635
- Gross operating margin +€42,829
up €42,829 (+33.3%), from €128,602 to €171,431
- Taxes +€14,713
up €14,713 (+87.4%), from €16,826 to €31,538
- Depreciation +€4,487
up €4,487 (+13.8%), from €32,559 to €37,045
- Staff costs -€1,822
no longer reported in 2025 (was €1,822)
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.
Cash bridge derived
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 | €452,265 | €506,559 | +€54,294 | +12.0% |
| Fixed assets | 21/28 | €267,068 | €258,256 | -€8,812 | -3.3% |
| Intangible fixed assets | 21 | €7,877 | €6,377 | -€1,500 | -19.0% |
| Tangible fixed assets | 22/27 | €259,101 | €251,879 | -€7,222 | -2.8% |
| Land and buildings | 22 | €150,003 | €144,316 | -€5,688 | -3.8% |
| Plant, machinery and equipment | 23 | €68,033 | €54,311 | -€13,722 | -20.2% |
| Furniture and vehicles | 24 | €13,548 | €23,096 | +€9,548 | +70.5% |
| Other tangible fixed assets | 26 | €27,517 | €30,157 | +€2,640 | +9.6% |
| Financial fixed assets | 28 | €90 | - | -€90 | |
| Current assets | 29/58 | €185,197 | €248,302 | +€63,106 | +34.1% |
| Amounts receivable within one year | 40/41 | €11,300 | €13,687 | +€2,388 | +21.1% |
| Trade receivables | 40 | €7 | - | -€7 | |
| Other amounts receivable | 41 | €11,293 | €13,687 | +€2,395 | +21.2% |
| Cash at bank and in hand | 54/58 | €169,458 | €230,381 | +€60,923 | +36.0% |
| Deferred charges and accrued income | 490/1 | €4,439 | €4,234 | -€205 | -4.6% |
| Total equity and liabilities | 10/49 | €452,265 | €506,559 | +€54,294 | +12.0% |
| Equity | 10/15 | €258,683 | €321,262 | +€62,578 | +24.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €235,000 | €300,000 | +€65,000 | +27.7% |
| Distributable reserves | 133 | €235,000 | €300,000 | +€65,000 | +27.7% |
| Profit (loss) carried forward | 14 | €3,683 | €1,262 | -€2,422 | -65.8% |
| Amounts payable | 17/49 | €193,581 | €185,297 | -€8,284 | -4.3% |
| Amounts payable after more than one year | 17 | €118,031 | €103,607 | -€14,424 | -12.2% |
| Financial debts | 170/4 | €118,031 | €103,607 | -€14,424 | -12.2% |
| Amounts payable within one year | 42/48 | €72,041 | €78,573 | +€6,532 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €13,889 | €14,424 | +€534 | +3.8% |
| Financial debts | 43 | €5,113 | €5,059 | -€54 | -1.1% |
| Credit institutions | 430/8 | €5,113 | €5,059 | -€54 | -1.1% |
| Trade debts | 44 | €380 | €9,635 | +€9,255 | +2434.7% |
| Suppliers | 440/4 | €380 | €9,635 | +€9,255 | +2434.7% |
| Taxes, remuneration and social security | 45 | €2,658 | €19,455 | +€16,797 | +632.0% |
| Taxes | 450/3 | €2,658 | €19,455 | +€16,797 | +632.0% |
| Other amounts payable | 47/48 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Accrued charges and deferred income | 492/3 | €3,510 | €3,117 | -€392 | -11.2% |
| Non-recurring operating income | 76A | €72 | €200 | +€128 | +177.4% |
| Remuneration, social security and pensions | 62 | €1,822 | - | -€1,822 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,559 | €37,045 | +€4,487 | +13.8% |
| Other operating charges | 640/8 | €5,304 | €5,470 | +€166 | +3.1% |
| Gross operating margin | 9900 | €128,602 | €171,431 | +€42,829 | +33.3% |
| Operating profit (loss) | 9901 | €88,916 | €128,916 | +€39,999 | +45.0% |
| Financial income | 75/76B | €1 | €490 | +€489 | +43653.6% |
| Recurring financial income | 75 | €1 | €490 | +€489 | +43653.6% |
| Financial charges | 65/66B | €6,184 | €5,289 | -€895 | -14.5% |
| Recurring financial charges | 65 | €6,184 | €5,289 | -€895 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €82,734 | €124,117 | +€41,383 | +50.0% |
| Income taxes | 67/77 | €16,826 | €31,538 | +€14,713 | +87.4% |
| Profit (loss) for the period | 9904 | €65,908 | €92,578 | +€26,670 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,908 | €92,578 | +€26,670 | +40.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.