BRISAM: 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.
BRISAM
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+51.4%), from €3.0m to €4.5m
of which Land and buildings: +€1.4m
- Current investments -€700,000
down €700,000 (-35.0%), from €2.0m to €1.3m
- Cash -€388,997
down €388,997 (-66.3%), from €586,682 to €197,684
mainly Investment in fixed assets (net) (-€1.6m) and Debts after one year (-€9,950)
- Receivables within one year -€85,659
down €85,659 (-83.0%), from €103,211 to €17,552
of which Trade receivables: -€72,000
- Reserves +€273,400
up €273,400 (+5.3%), from €5.2m to €5.5m
- Other debts +€87,257
up €87,257 (+10342.7%), from €844 to €88,101
- Financial income -€152,532
down €152,532 (-78.5%), from €194,296 to €41,764
- Other operating charges -€130,675
down €130,675 (-95.1%), from €137,384 to €6,709
- Gross operating margin -€35,213
down €35,213 (-7.2%), from €488,224 to €453,011
- Taxes +€9,858
up €9,858 (+8.3%), from €118,786 to €128,644
- Depreciation +€5,340
up €5,340 (+8.1%), from €65,857 to €71,198
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 | €5,676,638 | €6,037,908 | +€361,270 | +6.4% |
| Fixed assets | 21/28 | €2,986,745 | €4,522,671 | +€1.5m | +51.4% |
| Tangible fixed assets | 22/27 | €2,986,745 | €4,522,671 | +€1.5m | +51.4% |
| Land and buildings | 22 | €2,986,745 | €4,380,521 | +€1.4m | +46.7% |
| Furniture and vehicles | 24 | - | €142,150 | +€142,150 | |
| Current assets | 29/58 | €2,689,893 | €1,515,236 | -€1.2m | -43.7% |
| Amounts receivable within one year | 40/41 | €103,211 | €17,552 | -€85,659 | -83.0% |
| Trade receivables | 40 | €72,000 | - | -€72,000 | |
| Other amounts receivable | 41 | €31,211 | €17,552 | -€13,659 | -43.8% |
| Current investments | 50/53 | €2,000,000 | €1,300,000 | -€700,000 | -35.0% |
| Cash at bank and in hand | 54/58 | €586,682 | €197,684 | -€388,997 | -66.3% |
| Total equity and liabilities | 10/49 | €5,676,638 | €6,037,908 | +€361,270 | +6.4% |
| Equity | 10/15 | €5,296,393 | €5,569,793 | +€273,400 | +5.2% |
| Contributions | 10/11 | €93,254 | €93,254 | = | 0.0% |
| Reserves | 13 | €5,203,139 | €5,476,539 | +€273,400 | +5.3% |
| Distributable reserves | 133 | €5,203,139 | €5,476,539 | +€273,400 | +5.3% |
| Amounts payable | 17/49 | €380,245 | €468,115 | +€87,870 | +23.1% |
| Amounts payable after more than one year | 17 | €284,461 | €274,511 | -€9,950 | -3.5% |
| Financial debts | 170/4 | €284,461 | €274,511 | -€9,950 | -3.5% |
| Amounts payable within one year | 42/48 | €95,784 | €193,604 | +€97,820 | +102.1% |
| Current portion of amounts payable after more than one year | 42 | €9,487 | €9,950 | +€463 | +4.9% |
| Trade debts | 44 | €37,544 | €35,487 | -€2,057 | -5.5% |
| Suppliers | 440/4 | €37,544 | €35,487 | -€2,057 | -5.5% |
| Taxes, remuneration and social security | 45 | €47,910 | €60,066 | +€12,156 | +25.4% |
| Taxes | 450/3 | €47,910 | €60,066 | +€12,156 | +25.4% |
| Other amounts payable | 47/48 | €844 | €88,101 | +€87,257 | +10342.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,857 | €71,198 | +€5,340 | +8.1% |
| Other operating charges | 640/8 | €137,384 | €6,709 | -€130,675 | -95.1% |
| Gross operating margin | 9900 | €488,224 | €453,011 | -€35,213 | -7.2% |
| Operating profit (loss) | 9901 | €284,983 | €375,104 | +€90,122 | +31.6% |
| Financial income | 75/76B | €194,296 | €41,764 | -€152,532 | -78.5% |
| Recurring financial income | 75 | €194,296 | €41,764 | -€152,532 | -78.5% |
| Financial charges | 65/66B | €11,374 | €14,824 | +€3,450 | +30.3% |
| Recurring financial charges | 65 | €11,374 | €14,824 | +€3,450 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €467,904 | €402,044 | -€65,860 | -14.1% |
| Income taxes | 67/77 | €118,786 | €128,644 | +€9,858 | +8.3% |
| Profit (loss) for the period | 9904 | €349,118 | €273,400 | -€75,718 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €349,118 | €273,400 | -€75,718 | -21.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.