BriQasa: 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.
BriQasa
Largest movements
- Stocks and contracts +€3.1m
up €3.1m (+155%), from €2.0m to €5.1m
- Cash +€174,802
up €174,802 (+260%), from €67,328 to €242,130
mainly Short-term financial debts (+€2.2m) and Other debts (+€882,500)
- Short-term financial debts +€2.2m
up €2.2m (+209%), from €1.1m to €3.3m
- Other debts +€882,500
up €882,500 (+90.5%), from €975,117 to €1.9m
- Tax, wage and social debts +€77,540
new in 2025: €77,540
- Profit (loss) carried forward +€71,253
up €71,253, from -€28,633 to €42,620
- Gross operating margin +€359,936
up €359,936, from -€19,214 to €340,723
- Taxes +€77,540
new in 2025: €77,540
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 | €2,058,691 | €5,312,531 | +€3.3m | +158% |
| Formation expenses | 20 | €2,265 | €1,535 | -€730 | -32.2% |
| Fixed assets | 21/28 | €1,416 | €3,113 | +€1,697 | +120% |
| Intangible fixed assets | 21 | €1,166 | €788 | -€378 | -32.4% |
| Financial fixed assets | 28 | €250 | €2,325 | +€2,075 | +830% |
| Current assets | 29/58 | €2,055,011 | €5,307,883 | +€3.3m | +158% |
| Stocks and contracts in progress | 3 | €1,986,530 | €5,059,813 | +€3.1m | +155% |
| Stocks | 30/36 | €1,986,530 | €5,059,813 | +€3.1m | +155% |
| Amounts receivable within one year | 40/41 | €1,153 | €3,053 | +€1,900 | +165% |
| Trade receivables | 40 | €850 | €250 | -€600 | -70.6% |
| Other amounts receivable | 41 | €303 | €2,803 | +€2,500 | +825% |
| Cash at bank and in hand | 54/58 | €67,328 | €242,130 | +€174,802 | +260% |
| Deferred charges and accrued income | 490/1 | - | €2,887 | +€2,887 | |
| Total equity and liabilities | 10/49 | €2,058,691 | €5,312,531 | +€3.3m | +158% |
| Equity | 10/15 | €21,367 | €92,620 | +€71,253 | +333% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,633 | €42,620 | +€71,253 | |
| Amounts payable | 17/49 | €2,037,324 | €5,219,911 | +€3.2m | +156% |
| Amounts payable within one year | 42/48 | €2,037,324 | €5,219,911 | +€3.2m | +156% |
| Financial debts | 43 | €1,061,035 | €3,273,660 | +€2.2m | +209% |
| Credit institutions | 430/8 | €1,061,035 | €3,273,660 | +€2.2m | +209% |
| Trade debts | 44 | €1,172 | €11,094 | +€9,922 | +847% |
| Suppliers | 440/4 | €1,172 | €11,094 | +€9,922 | +847% |
| Taxes, remuneration and social security | 45 | - | €77,540 | +€77,540 | |
| Taxes | 450/3 | - | €77,540 | +€77,540 | |
| Other amounts payable | 47/48 | €975,117 | €1,857,617 | +€882,500 | +90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,108 | €1,108 | = | 0.0% |
| Other operating charges | 640/8 | - | €654 | +€654 | |
| Gross operating margin | 9900 | -€19,214 | €340,723 | +€359,936 | |
| Operating profit (loss) | 9901 | -€20,321 | €338,961 | +€359,283 | |
| Financial income | 75/76B | - | €213 | +€213 | |
| Recurring financial income | 75 | - | €213 | +€213 | |
| Financial charges | 65/66B | €261 | €381 | +€120 | +46.0% |
| Recurring financial charges | 65 | €261 | €381 | +€120 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,582 | €338,793 | +€359,375 | |
| Income taxes | 67/77 | - | €77,540 | +€77,540 | |
| Profit (loss) for the period | 9904 | -€20,582 | €261,253 | +€281,835 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,582 | €261,253 | +€281,835 |
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 17 October 2026 via checked.be.