BRILPUNT: 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.
BRILPUNT
Largest movements
- Tangible fixed assets +€329,278
up €329,278 (+91.5%), from €359,749 to €689,027
of which Other tangible fixed assets: +€189,901
- Cash -€227,416
down €227,416 (-85.4%), from €266,170 to €38,754
mainly Investment in fixed assets (net) (-€446,598) and Net result for the year (-€115,112)
- Stocks and contracts +€87,533
up €87,533 (+24.6%), from €355,220 to €442,753
- Receivables within one year +€20,705
up €20,705 (+54.0%), from €38,368 to €59,073
of which Trade receivables: +€13,054
- Debts after one year +€258,379
up €258,379 (+129%), from €200,733 to €459,112
- Profit (loss) carried forward -€118,174
down €118,174, from €544 to -€117,630
- Trade debts +€64,822
up €64,822 (+59.2%), from €109,431 to €174,253
- Current portion of long-term debt +€18,656
up €18,656 (+20.3%), from €92,056 to €110,711
- Gross operating margin -€496,212
down €496,212 (-51.7%), from €959,302 to €463,090
- Taxes -€125,235
down €125,235 (-99.1%), from €126,409 to €1,174
- Staff costs +€32,664
up €32,664 (+8.4%), from €388,495 to €421,159
- Depreciation +€15,104
up €15,104 (+15.7%), from €96,205 to €111,309
- Write-downs +€14,716
up €14,716 (+92.5%), from €15,918 to €30,635
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 | €1,021,477 | €1,236,980 | +€215,504 | +21.1% |
| Fixed assets | 21/28 | €360,583 | €695,872 | +€335,289 | +93.0% |
| Intangible fixed assets | 21 | - | €3,294 | +€3,294 | |
| Tangible fixed assets | 22/27 | €359,749 | €689,027 | +€329,278 | +91.5% |
| Land and buildings | 22 | €1,610 | €1,526 | -€85 | -5.3% |
| Plant, machinery and equipment | 23 | €148,279 | €319,337 | +€171,058 | +115% |
| Furniture and vehicles | 24 | €176,112 | €144,516 | -€31,596 | -17.9% |
| Other tangible fixed assets | 26 | €33,748 | €223,649 | +€189,901 | +563% |
| Financial fixed assets | 28 | €834 | €3,550 | +€2,716 | +326% |
| Current assets | 29/58 | €660,894 | €541,108 | -€119,785 | -18.1% |
| Stocks and contracts in progress | 3 | €355,220 | €442,753 | +€87,533 | +24.6% |
| Stocks | 30/36 | €355,220 | €442,753 | +€87,533 | +24.6% |
| Amounts receivable within one year | 40/41 | €38,368 | €59,073 | +€20,705 | +54.0% |
| Trade receivables | 40 | €13,533 | €26,587 | +€13,054 | +96.5% |
| Other amounts receivable | 41 | €24,835 | €32,486 | +€7,652 | +30.8% |
| Cash at bank and in hand | 54/58 | €266,170 | €38,754 | -€227,416 | -85.4% |
| Deferred charges and accrued income | 490/1 | €1,136 | €529 | -€607 | -53.4% |
| Total equity and liabilities | 10/49 | €1,021,477 | €1,236,980 | +€215,504 | +21.1% |
| Equity | 10/15 | €558,157 | €439,095 | -€119,061 | -21.3% |
| Contributions | 10/11 | €6,355 | €6,355 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €551,257 | €550,370 | -€887 | -0.2% |
| Tax-exempt reserves | 132 | €972 | €85 | -€887 | -91.2% |
| Distributable reserves | 133 | €550,285 | €550,285 | = | 0.0% |
| Profit (loss) carried forward | 14 | €544 | -€117,630 | -€118,174 | |
| Provisions and deferred taxes | 16 | €249 | €22 | -€227 | -91.2% |
| Deferred taxes | 168 | €249 | €22 | -€227 | -91.2% |
| Amounts payable | 17/49 | €463,071 | €797,863 | +€334,792 | +72.3% |
| Amounts payable after more than one year | 17 | €200,733 | €459,112 | +€258,379 | +129% |
| Financial debts | 170/4 | €200,733 | €459,112 | +€258,379 | +129% |
| Amounts payable within one year | 42/48 | €262,322 | €338,725 | +€76,403 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €92,056 | €110,711 | +€18,656 | +20.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €109,431 | €174,253 | +€64,822 | +59.2% |
| Suppliers | 440/4 | €109,431 | €174,253 | +€64,822 | +59.2% |
| Advances received on contracts in progress | 46 | €675 | €675 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €57,963 | €52,100 | -€5,863 | -10.1% |
| Taxes | 450/3 | €14,267 | €248 | -€14,019 | -98.3% |
| Remuneration and social security | 454/9 | €43,696 | €51,851 | +€8,155 | +18.7% |
| Other amounts payable | 47/48 | €2,197 | €985 | -€1,211 | -55.1% |
| Accrued charges and deferred income | 492/3 | €16 | €26 | +€10 | +58.4% |
| Non-recurring operating income | 76A | €385,793 | €50 | -€385,743 | -100.0% |
| Remuneration, social security and pensions | 62 | €388,495 | €421,159 | +€32,664 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,205 | €111,309 | +€15,104 | +15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,918 | €30,635 | +€14,716 | +92.5% |
| Other operating charges | 640/8 | €10,427 | €8,435 | -€1,993 | -19.1% |
| Non-recurring operating charges | 66A | €4,134 | €0 | -€4,134 | -100% |
| Gross operating margin | 9900 | €959,302 | €463,090 | -€496,212 | -51.7% |
| Operating profit (loss) | 9901 | €444,123 | -€108,447 | -€552,570 | |
| Financial income | 75/76B | €9,776 | €11,744 | +€1,968 | +20.1% |
| Recurring financial income | 75 | €9,776 | €11,744 | +€1,968 | +20.1% |
| Financial charges | 65/66B | €24,401 | €17,463 | -€6,938 | -28.4% |
| Recurring financial charges | 65 | €24,401 | €17,463 | -€6,938 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €429,499 | -€114,165 | -€543,664 | |
| Transfer from deferred taxes | 780 | €227 | €227 | = | 0.0% |
| Income taxes | 67/77 | €126,409 | €1,174 | -€125,235 | -99.1% |
| Profit (loss) for the period | 9904 | €303,318 | -€115,112 | -€418,429 | |
| Transfer from tax-exempt reserves | 789 | €887 | €887 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €304,205 | -€114,225 | -€418,429 |
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 15 October 2026 via checked.be.