BRISMEE STEVE: 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.
BRISMEE STEVE
Largest movements
- Cash -€271,134
down €271,134 (-42.4%), from €638,923 to €367,789
mainly Contributions, distributions and other (-€270,650) and Other debts (-€161,453)
- Tangible fixed assets -€58,710
down €58,710 (-8.9%), from €658,805 to €600,095
of which Leasing and similar rights: -€29,856
- Other debts -€161,453
down €161,453 (-29.5%), from €546,564 to €385,110
- Profit (loss) carried forward -€158,120
no longer reported in 2025 (was €158,120)
- Debts after one year -€44,815
down €44,815 (-12.0%), from €372,689 to €327,874
- Tax, wage and social debts +€16,333
up €16,333 (+255%), from €6,399 to €22,732
of which Taxes: +€16,315
- Reserves +€15,000
up €15,000 (+20.0%), from €75,000 to €90,000
- Gross operating margin -€60,607
down €60,607 (-19.8%), from €306,560 to €245,953
- Taxes -€18,014
down €18,014 (-30.6%), from €58,940 to €40,926
- Depreciation +€4,023
up €4,023 (+7.0%), from €57,596 to €61,619
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 | €1,299,240 | €973,704 | -€325,536 | -25.1% |
| Fixed assets | 21/28 | €658,805 | €600,095 | -€58,710 | -8.9% |
| Tangible fixed assets | 22/27 | €658,805 | €600,095 | -€58,710 | -8.9% |
| Land and buildings | 22 | €137,378 | €131,611 | -€5,766 | -4.2% |
| Plant, machinery and equipment | 23 | €53,139 | €45,103 | -€8,036 | -15.1% |
| Furniture and vehicles | 24 | €53,499 | €38,447 | -€15,051 | -28.1% |
| Leasing and similar rights | 25 | €414,790 | €384,934 | -€29,856 | -7.2% |
| Current assets | 29/58 | €640,435 | €373,608 | -€266,827 | -41.7% |
| Amounts receivable within one year | 40/41 | - | €4,074 | +€4,074 | |
| Other amounts receivable | 41 | - | €4,074 | +€4,074 | |
| Cash at bank and in hand | 54/58 | €638,923 | €367,789 | -€271,134 | -42.4% |
| Deferred charges and accrued income | 490/1 | €1,512 | €1,745 | +€233 | +15.4% |
| Total equity and liabilities | 10/49 | €1,299,240 | €973,704 | -€325,536 | -25.1% |
| Equity | 10/15 | €325,870 | €182,750 | -€143,120 | -43.9% |
| Contributions | 10/11 | €92,750 | €92,750 | = | 0.0% |
| Reserves | 13 | €75,000 | €90,000 | +€15,000 | +20.0% |
| Distributable reserves | 133 | €75,000 | €90,000 | +€15,000 | +20.0% |
| Profit (loss) carried forward | 14 | €158,120 | - | -€158,120 | |
| Amounts payable | 17/49 | €973,370 | €790,954 | -€182,417 | -18.7% |
| Amounts payable after more than one year | 17 | €372,689 | €327,874 | -€44,815 | -12.0% |
| Financial debts | 170/4 | €372,689 | €327,874 | -€44,815 | -12.0% |
| Amounts payable within one year | 42/48 | €600,681 | €463,079 | -€137,602 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €43,731 | €44,815 | +€1,084 | +2.5% |
| Trade debts | 44 | €3,987 | €10,422 | +€6,435 | +161% |
| Suppliers | 440/4 | €3,987 | €10,422 | +€6,435 | +161% |
| Taxes, remuneration and social security | 45 | €6,399 | €22,732 | +€16,333 | +255% |
| Taxes | 450/3 | €3,940 | €20,255 | +€16,315 | +414% |
| Remuneration and social security | 454/9 | €2,459 | €2,477 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €546,564 | €385,110 | -€161,453 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,596 | €61,619 | +€4,023 | +7.0% |
| Other operating charges | 640/8 | €6,377 | €6,578 | +€201 | +3.1% |
| Gross operating margin | 9900 | €306,560 | €245,953 | -€60,607 | -19.8% |
| Operating profit (loss) | 9901 | €242,587 | €177,757 | -€64,830 | -26.7% |
| Financial charges | 65/66B | €10,527 | €9,301 | -€1,226 | -11.7% |
| Recurring financial charges | 65 | €10,527 | €9,301 | -€1,226 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €232,060 | €168,456 | -€63,604 | -27.4% |
| Income taxes | 67/77 | €58,940 | €40,926 | -€18,014 | -30.6% |
| Profit (loss) for the period | 9904 | €173,120 | €127,530 | -€45,590 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,120 | €127,530 | -€45,590 | -26.3% |
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 13 October 2026 via checked.be.