Briscard Projet: 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.
Briscard Projet
Largest movements
- Receivables within one year -€41,431
down €41,431 (-46.1%), from €89,808 to €48,377
of which Trade receivables: -€31,870
- Cash +€2,419
new in 2025: €2,419
mainly Receivables within one year (+€41,431) and Accrued charges and deferred income (+€20,000)
- Trade debts -€37,296
down €37,296 (-73.8%), from €50,551 to €13,255
- Accrued charges and deferred income +€20,000
new in 2025: €20,000
- Tax, wage and social debts -€14,269
down €14,269 (-57.5%), from €24,824 to €10,555
of which Remuneration and social security: -€8,000
- Short-term financial debts -€6,937
no longer reported in 2025 (was €6,937)
- Gross operating margin +€1,964
up €1,964 (+12.7%), from €15,491 to €17,455
- Financial charges +€1,230
up €1,230 (+92.6%), from €1,328 to €2,558
- Depreciation +€896
up €896 (+46.9%), from €1,911 to €2,807
- Other operating charges +€896
up €896 (+102%), from €879 to €1,775
- Taxes -€270
down €270 (-7.7%), from €3,525 to €3,255
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 | €97,124 | €58,682 | -€38,442 | -39.6% |
| Fixed assets | 21/28 | €6,680 | €6,758 | +€78 | +1.2% |
| Tangible fixed assets | 22/27 | €6,080 | €6,158 | +€78 | +1.3% |
| Plant, machinery and equipment | 23 | €2,094 | €1,565 | -€529 | -25.3% |
| Furniture and vehicles | 24 | €3,986 | €4,593 | +€607 | +15.2% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €90,444 | €51,924 | -€38,520 | -42.6% |
| Amounts receivable within one year | 40/41 | €89,808 | €48,377 | -€41,431 | -46.1% |
| Trade receivables | 40 | €54,469 | €22,599 | -€31,870 | -58.5% |
| Other amounts receivable | 41 | €35,339 | €25,778 | -€9,561 | -27.1% |
| Cash at bank and in hand | 54/58 | - | €2,419 | +€2,419 | |
| Deferred charges and accrued income | 490/1 | €636 | €1,128 | +€492 | +77.4% |
| Total equity and liabilities | 10/49 | €97,124 | €58,682 | -€38,442 | -39.6% |
| Equity | 10/15 | €14,812 | €14,872 | +€60 | +0.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €22,360 | €22,360 | = | 0.0% |
| Distributable reserves | 133 | €22,360 | €22,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,048 | -€13,988 | +€60 | +0.4% |
| Amounts payable | 17/49 | €82,312 | €43,810 | -€38,502 | -46.8% |
| Amounts payable within one year | 42/48 | €82,312 | €23,810 | -€58,502 | -71.1% |
| Financial debts | 43 | €6,937 | - | -€6,937 | |
| Other loans | 439 | €6,937 | - | -€6,937 | |
| Trade debts | 44 | €50,551 | €13,255 | -€37,296 | -73.8% |
| Suppliers | 440/4 | €50,551 | €13,255 | -€37,296 | -73.8% |
| Taxes, remuneration and social security | 45 | €24,824 | €10,555 | -€14,269 | -57.5% |
| Taxes | 450/3 | €9,824 | €3,555 | -€6,269 | -63.8% |
| Remuneration and social security | 454/9 | €15,000 | €7,000 | -€8,000 | -53.3% |
| Accrued charges and deferred income | 492/3 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,911 | €2,807 | +€896 | +46.9% |
| Other operating charges | 640/8 | €879 | €1,775 | +€896 | +102% |
| Gross operating margin | 9900 | €15,491 | €17,455 | +€1,964 | +12.7% |
| Operating profit (loss) | 9901 | €12,701 | €12,873 | +€172 | +1.4% |
| Financial charges | 65/66B | €1,328 | €2,558 | +€1,230 | +92.6% |
| Recurring financial charges | 65 | €1,328 | €2,558 | +€1,230 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €11,373 | €10,315 | -€1,058 | -9.3% |
| Income taxes | 67/77 | €3,525 | €3,255 | -€270 | -7.7% |
| Profit (loss) for the period | 9904 | €7,848 | €7,060 | -€788 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,848 | €7,060 | -€788 | -10.0% |
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 28 October 2026 via checked.be.