BRIOVAL: 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.
BRIOVAL
Largest movements
- Receivables within one year +€271,491
up €271,491 (+19.3%), from €1.4m to €1.7m
of which Trade receivables: +€277,994
- Cash -€154,558
down €154,558 (-43.0%), from €359,160 to €204,602
mainly Receivables within one year (-€271,491) and Trade debts (-€208,790)
- Tangible fixed assets -€39,949
down €39,949 (-19.8%), from €202,083 to €162,135
of which Other tangible fixed assets: -€22,787
- Deferred charges and accrued income +€38,563
up €38,563 (+68.7%), from €56,172 to €94,735
- Short-term financial debts +€251,446
up €251,446 (+83.7%), from €300,497 to €551,942
- Trade debts -€208,790
down €208,790 (-23.9%), from €872,366 to €663,575
- Profit (loss) carried forward +€191,486
up €191,486, from €0 to €191,486
- Other debts -€132,936
down €132,936 (-74.1%), from €179,430 to €46,494
- Tax, wage and social debts +€30,576
up €30,576 (+26.2%), from €116,886 to €147,462
of which Taxes: +€17,600
- Gross operating margin +€295,210
up €295,210 (+27.0%), from €1.1m to €1.4m
- Taxes +€75,573
up €75,573 (+1740.1%), from €4,343 to €79,916
- Staff costs +€63,519
up €63,519 (+6.2%), from €1.0m to €1.1m
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 | €2,157,092 | €2,291,413 | +€134,321 | +6.2% |
| Fixed assets | 21/28 | €202,331 | €162,383 | -€39,949 | -19.7% |
| Tangible fixed assets | 22/27 | €202,083 | €162,135 | -€39,949 | -19.8% |
| Plant, machinery and equipment | 23 | €32,403 | €23,734 | -€8,669 | -26.8% |
| Furniture and vehicles | 24 | €14,163 | €15,184 | +€1,021 | +7.2% |
| Leasing and similar rights | 25 | €12,209 | €2,695 | -€9,514 | -77.9% |
| Other tangible fixed assets | 26 | €143,309 | €120,522 | -€22,787 | -15.9% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €1,954,760 | €2,129,030 | +€174,270 | +8.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Stocks and contracts in progress | 3 | €84,327 | €103,101 | +€18,774 | +22.3% |
| Stocks | 30/36 | €84,327 | €103,101 | +€18,774 | +22.3% |
| Amounts receivable within one year | 40/41 | €1,405,101 | €1,676,592 | +€271,491 | +19.3% |
| Trade receivables | 40 | €1,256,447 | €1,534,441 | +€277,994 | +22.1% |
| Other amounts receivable | 41 | €148,655 | €142,151 | -€6,504 | -4.4% |
| Cash at bank and in hand | 54/58 | €359,160 | €204,602 | -€154,558 | -43.0% |
| Deferred charges and accrued income | 490/1 | €56,172 | €94,735 | +€38,563 | +68.7% |
| Total equity and liabilities | 10/49 | €2,157,092 | €2,291,413 | +€134,321 | +6.2% |
| Equity | 10/15 | €658,565 | €850,051 | +€191,486 | +29.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €639,973 | €639,973 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,900 | €3,900 | = | 0.0% |
| Distributable reserves | 133 | €636,073 | €636,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €191,486 | +€191,486 | |
| Amounts payable | 17/49 | €1,498,527 | €1,441,362 | -€57,165 | -3.8% |
| Amounts payable after more than one year | 17 | €2,535 | €0 | -€2,535 | -100.0% |
| Financial debts | 170/4 | €2,535 | €0 | -€2,535 | -100.0% |
| Amounts payable within one year | 42/48 | €1,495,992 | €1,441,012 | -€54,980 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €26,655 | €31,380 | +€4,725 | +17.7% |
| Financial debts | 43 | €300,497 | €551,942 | +€251,446 | +83.7% |
| Credit institutions | 430/8 | €300,497 | €551,942 | +€251,446 | +83.7% |
| Trade debts | 44 | €872,366 | €663,575 | -€208,790 | -23.9% |
| Suppliers | 440/4 | €872,366 | €663,575 | -€208,790 | -23.9% |
| Advances received on contracts in progress | 46 | €159 | €159 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €116,886 | €147,462 | +€30,576 | +26.2% |
| Taxes | 450/3 | €17,654 | €35,254 | +€17,600 | +99.7% |
| Remuneration and social security | 454/9 | €99,231 | €112,208 | +€12,977 | +13.1% |
| Other amounts payable | 47/48 | €179,430 | €46,494 | -€132,936 | -74.1% |
| Accrued charges and deferred income | 492/3 | €0 | €350 | +€350 | |
| Non-recurring operating income | 76A | €14,604 | €21,022 | +€6,418 | +43.9% |
| Remuneration, social security and pensions | 62 | €1,017,421 | €1,080,940 | +€63,519 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,025 | €55,124 | -€7,901 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €9,079 | €8,233 | -€846 | -9.3% |
| Non-recurring operating charges | 66A | €1,500 | €0 | -€1,500 | -100.0% |
| Gross operating margin | 9900 | €1,092,320 | €1,387,529 | +€295,210 | +27.0% |
| Operating profit (loss) | 9901 | €1,294 | €243,232 | +€241,938 | +18690.1% |
| Financial income | 75/76B | €60,653 | €59,053 | -€1,600 | -2.6% |
| Recurring financial income | 75 | €60,653 | €59,053 | -€1,600 | -2.6% |
| Financial charges | 65/66B | €36,897 | €30,884 | -€6,013 | -16.3% |
| Recurring financial charges | 65 | €36,897 | €30,884 | -€6,013 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €25,050 | €271,402 | +€246,352 | +983.4% |
| Income taxes | 67/77 | €4,343 | €79,916 | +€75,573 | +1740.1% |
| Profit (loss) for the period | 9904 | €20,707 | €191,486 | +€170,779 | +824.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,707 | €191,486 | +€170,779 | +824.7% |
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 9 October 2026 via checked.be.