BRINDILLE: 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.
BRINDILLE
Largest movements
- Cash +€860,807
up €860,807 (+117.5%), from €732,686 to €1.6m
mainly Net result for the year (+€682,741) and Current investments (+€600,380)
- Current investments -€600,380
down €600,380 (-20.9%), from €2.9m to €2.3m
- Tangible fixed assets -€89,465
down €89,465 (-5.2%), from €1.7m to €1.6m
of which Land and buildings: -€135,144
- Other debts +€295,079
up €295,079 (+18.8%), from €1.6m to €1.9m
- Reserves -€162,300
down €162,300 (-4.7%), from €3.5m to €3.3m
- Gross operating margin +€162,329
up €162,329 (+11.8%), from €1.4m to €1.5m
- Financial income +€53,178
up €53,178 (+82.2%), from €64,729 to €117,907
- Taxes +€46,178
up €46,178 (+17.3%), from €266,680 to €312,858
- Financial charges +€41,982
up €41,982 (+34.2%), from €122,677 to €164,658
of which Financial charges: +€42,117
- Staff costs +€15,599
up €15,599 (+5.0%), from €313,387 to €328,985
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 | €5,493,273 | €5,681,127 | +€187,854 | +3.4% |
| Fixed assets | 21/28 | €1,726,669 | €1,637,203 | -€89,465 | -5.2% |
| Tangible fixed assets | 22/27 | €1,726,669 | €1,637,203 | -€89,465 | -5.2% |
| Land and buildings | 22 | €1,661,550 | €1,526,406 | -€135,144 | -8.1% |
| Plant, machinery and equipment | 23 | €8,088 | €32,345 | +€24,257 | +299.9% |
| Furniture and vehicles | 24 | €57,030 | €78,452 | +€21,422 | +37.6% |
| Current assets | 29/58 | €3,766,604 | €4,043,924 | +€277,320 | +7.4% |
| Stocks and contracts in progress | 3 | €139,539 | €131,313 | -€8,226 | -5.9% |
| Stocks | 30/36 | €139,539 | €131,313 | -€8,226 | -5.9% |
| Amounts receivable within one year | 40/41 | €18,299 | €33,805 | +€15,506 | +84.7% |
| Trade receivables | 40 | €841 | €1,043 | +€202 | +24.0% |
| Other amounts receivable | 41 | €17,458 | €32,762 | +€15,304 | +87.7% |
| Current investments | 50/53 | €2,871,000 | €2,270,620 | -€600,380 | -20.9% |
| Cash at bank and in hand | 54/58 | €732,686 | €1,593,492 | +€860,807 | +117.5% |
| Deferred charges and accrued income | 490/1 | €5,080 | €14,694 | +€9,614 | +189.2% |
| Total equity and liabilities | 10/49 | €5,493,273 | €5,681,127 | +€187,854 | +3.4% |
| Equity | 10/15 | €3,672,068 | €3,509,809 | -€162,259 | -4.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €3,467,509 | €3,305,209 | -€162,300 | -4.7% |
| Distributable reserves | 133 | €3,467,509 | €3,305,209 | -€162,300 | -4.7% |
| Profit (loss) carried forward | 14 | €185,809 | €185,850 | +€41 | 0.0% |
| Amounts payable | 17/49 | €1,821,205 | €2,171,319 | +€350,113 | +19.2% |
| Amounts payable within one year | 42/48 | €1,705,543 | €2,020,711 | +€315,168 | +18.5% |
| Trade debts | 44 | €5,123 | €4,461 | -€663 | -12.9% |
| Suppliers | 440/4 | €5,123 | €4,461 | -€663 | -12.9% |
| Taxes, remuneration and social security | 45 | €131,939 | €152,690 | +€20,751 | +15.7% |
| Taxes | 450/3 | €99,331 | €114,186 | +€14,855 | +15.0% |
| Remuneration and social security | 454/9 | €32,608 | €38,504 | +€5,896 | +18.1% |
| Other amounts payable | 47/48 | €1,568,481 | €1,863,560 | +€295,079 | +18.8% |
| Accrued charges and deferred income | 492/3 | €115,662 | €150,608 | +€34,946 | +30.2% |
| Non-recurring operating income | 76A | €132 | - | -€132 | |
| Remuneration, social security and pensions | 62 | €313,387 | €328,985 | +€15,599 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,454 | €165,677 | -€6,777 | -3.9% |
| Other operating charges | 640/8 | €4,059 | €3,151 | -€907 | -22.4% |
| Gross operating margin | 9900 | €1,377,835 | €1,540,164 | +€162,329 | +11.8% |
| Operating profit (loss) | 9901 | €887,936 | €1,042,350 | +€154,414 | +17.4% |
| Financial income | 75/76B | €64,729 | €117,907 | +€53,178 | +82.2% |
| Recurring financial income | 75 | €64,729 | €117,907 | +€53,178 | +82.2% |
| Financial charges | 65/66B | €122,677 | €164,658 | +€41,982 | +34.2% |
| Recurring financial charges | 65 | €122,542 | €164,658 | +€42,117 | +34.4% |
| Non-recurring financial charges | 66B | €135 | - | -€135 | |
| Profit (loss) for the period before taxes | 9903 | €829,988 | €995,598 | +€165,610 | +20.0% |
| Income taxes | 67/77 | €266,680 | €312,858 | +€46,178 | +17.3% |
| Profit (loss) for the period | 9904 | €563,308 | €682,741 | +€119,433 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €563,308 | €682,741 | +€119,433 | +21.2% |
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 4 October 2026 via checked.be.