Brique Rouge: 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.
Brique Rouge
Largest movements
- Tangible fixed assets +€10,814
up €10,814 (+5.3%), from €205,411 to €216,225
of which Land and buildings: +€13,917
- Receivables within one year -€6,576
down €6,576 (-98.5%), from €6,673 to €97
of which Trade receivables: -€6,553
- Cash +€6,450
up €6,450 (+68.1%), from €9,467 to €15,917
mainly Other debts (+€31,950) and Net result for the year (+€16,997)
- Debts after one year -€38,160
down €38,160 (-25.4%), from €150,000 to €111,840
- Other debts +€31,950
up €31,950 (+54.0%), from €59,192 to €91,142
- Profit (loss) carried forward +€16,997
up €16,997 (+7.6%), from €224,595 to €241,592
- Gross operating margin +€30,636
up €30,636 (+886.2%), from €3,457 to €34,093
- Financial charges +€4,848
up €4,848, from -€4,779 to €70
of which Non-recurring financial charges: +€4,857
- Depreciation +€4,462
up €4,462 (+41.2%), from €10,837 to €15,299
- Other operating charges -€3,748
down €3,748 (-68.7%), from €5,454 to €1,706
- Financial income -€2,738
down €2,738 (-99.9%), from €2,740 to €2
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 | €520,320 | €530,381 | +€10,060 | +1.9% |
| Fixed assets | 21/28 | €503,657 | €513,917 | +€10,261 | +2.0% |
| Intangible fixed assets | 21 | €2,156 | €1,603 | -€553 | -25.6% |
| Tangible fixed assets | 22/27 | €205,411 | €216,225 | +€10,814 | +5.3% |
| Land and buildings | 22 | €172,511 | €186,428 | +€13,917 | +8.1% |
| Plant, machinery and equipment | 23 | €29,211 | €25,839 | -€3,372 | -11.5% |
| Furniture and vehicles | 24 | €3,688 | €3,958 | +€269 | +7.3% |
| Financial fixed assets | 28 | €296,089 | €296,089 | = | 0.0% |
| Current assets | 29/58 | €16,664 | €16,463 | -€201 | -1.2% |
| Amounts receivable within one year | 40/41 | €6,673 | €97 | -€6,576 | -98.5% |
| Trade receivables | 40 | €6,650 | €97 | -€6,553 | -98.5% |
| Other amounts receivable | 41 | €23 | - | -€23 | |
| Cash at bank and in hand | 54/58 | €9,467 | €15,917 | +€6,450 | +68.1% |
| Deferred charges and accrued income | 490/1 | €523 | €449 | -€74 | -14.2% |
| Total equity and liabilities | 10/49 | €520,320 | €530,381 | +€10,060 | +1.9% |
| Equity | 10/15 | €307,764 | €324,761 | +€16,997 | +5.5% |
| Contributions | 10/11 | €75,608 | €75,608 | = | 0.0% |
| Capital | 10 | €75,608 | €75,608 | = | 0.0% |
| Issued capital | 100 | €75,608 | €75,608 | = | 0.0% |
| Reserves | 13 | €7,561 | €7,561 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,561 | €7,561 | = | 0.0% |
| Legal reserve | 130 | €7,561 | €7,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,595 | €241,592 | +€16,997 | +7.6% |
| Amounts payable | 17/49 | €212,557 | €205,620 | -€6,937 | -3.3% |
| Amounts payable after more than one year | 17 | €150,000 | €111,840 | -€38,160 | -25.4% |
| Other amounts payable | 178/9 | €150,000 | €111,840 | -€38,160 | -25.4% |
| Amounts payable within one year | 42/48 | €62,557 | €93,780 | +€31,223 | +49.9% |
| Trade debts | 44 | €1,719 | €1,574 | -€146 | -8.5% |
| Suppliers | 440/4 | €1,719 | €1,574 | -€146 | -8.5% |
| Taxes, remuneration and social security | 45 | €1,645 | €1,064 | -€581 | -35.3% |
| Taxes | 450/3 | €1,645 | €1,064 | -€581 | -35.3% |
| Other amounts payable | 47/48 | €59,192 | €91,142 | +€31,950 | +54.0% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,837 | €15,299 | +€4,462 | +41.2% |
| Other operating charges | 640/8 | €5,454 | €1,706 | -€3,748 | -68.7% |
| Non-recurring operating charges | 66A | - | €23 | +€23 | |
| Gross operating margin | 9900 | €3,457 | €34,093 | +€30,636 | +886.2% |
| Operating profit (loss) | 9901 | -€12,834 | €17,065 | +€29,899 | |
| Financial income | 75/76B | €2,740 | €2 | -€2,738 | -99.9% |
| Recurring financial income | 75 | €2,740 | €2 | -€2,738 | -99.9% |
| Financial charges | 65/66B | -€4,779 | €70 | +€4,848 | |
| Recurring financial charges | 65 | €78 | €70 | -€8 | -10.6% |
| Non-recurring financial charges | 66B | -€4,857 | - | +€4,857 | |
| Profit (loss) for the period before taxes | 9903 | -€5,316 | €16,997 | +€22,312 | |
| Profit (loss) for the period | 9904 | -€5,316 | €16,997 | +€22,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,316 | €16,997 | +€22,312 |
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 10 October 2026 via checked.be.