BriStiMaCo: what changed
Two fiscal 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.
BriStiMaCo
Largest movements
- Tangible fixed assets +€274,524
up €274,524 (+1100.8%), from €24,938 to €299,463
of which Land and buildings: +€274,536
- Receivables after one year -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Cash +€14,166
up €14,166 (+44.3%), from €31,988 to €46,154
mainly Debts after one year (+€224,277) and Receivables after one year (+€30,000)
- Receivables within one year -€11,318
down €11,318 (-34.9%), from €32,462 to €21,144
of which Trade receivables: -€11,318
- Debts after one year +€224,277
up €224,277 (+2758.1%), from €8,132 to €232,409
- Reserves +€8,743
up €8,743 (+11.2%), from €78,124 to €86,866
- Other debts +€7,418
up €7,418 (+40.1%), from €18,492 to €25,910
- Current portion of long-term debt +€4,940
up €4,940 (+41.0%), from €12,059 to €16,999
- Gross operating margin +€15,896
up €15,896 (+55.7%), from €28,528 to €44,424
- Depreciation +€10,594
up €10,594 (+82.0%), from €12,923 to €23,518
- Financial charges +€6,385
up €6,385 (+776.2%), from €823 to €7,208
- Other operating charges +€762
up €762 (+51.6%), from €1,478 to €2,240
- Financial income -€564
down €564 (-66.7%), from €846 to €282
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 | €120,812 | €371,131 | +€250,319 | +207.2% |
| Fixed assets | 21/28 | €24,938 | €299,463 | +€274,524 | +1100.8% |
| Tangible fixed assets | 22/27 | €24,938 | €299,463 | +€274,524 | +1100.8% |
| Land and buildings | 22 | - | €274,536 | +€274,536 | |
| Plant, machinery and equipment | 23 | - | €7,280 | +€7,280 | |
| Furniture and vehicles | 24 | €4,985 | €9,536 | +€4,551 | +91.3% |
| Leasing and similar rights | 25 | €19,953 | €8,111 | -€11,842 | -59.3% |
| Current assets | 29/58 | €95,873 | €71,668 | -€24,206 | -25.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €0 | -€30,000 | -100.0% |
| Other amounts receivable | 291 | €30,000 | €0 | -€30,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €32,462 | €21,144 | -€11,318 | -34.9% |
| Trade receivables | 40 | €31,683 | €20,365 | -€11,318 | -35.7% |
| Other amounts receivable | 41 | €779 | €779 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,988 | €46,154 | +€14,166 | +44.3% |
| Deferred charges and accrued income | 490/1 | €1,423 | €4,369 | +€2,946 | +207.0% |
| Total equity and liabilities | 10/49 | €120,812 | €371,131 | +€250,319 | +207.2% |
| Equity | 10/15 | €79,124 | €87,866 | +€8,743 | +11.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €78,124 | €86,866 | +€8,743 | +11.2% |
| Distributable reserves | 133 | €78,124 | €86,866 | +€8,743 | +11.2% |
| Amounts payable | 17/49 | €41,688 | €283,264 | +€241,576 | +579.5% |
| Amounts payable after more than one year | 17 | €8,132 | €232,409 | +€224,277 | +2758.1% |
| Financial debts | 170/4 | €8,132 | €232,409 | +€224,277 | +2758.1% |
| Amounts payable within one year | 42/48 | €33,412 | €50,657 | +€17,245 | +51.6% |
| Current portion of amounts payable after more than one year | 42 | €12,059 | €16,999 | +€4,940 | +41.0% |
| Trade debts | 44 | €246 | €1,537 | +€1,291 | +525.8% |
| Suppliers | 440/4 | €246 | €1,537 | +€1,291 | +525.8% |
| Taxes, remuneration and social security | 45 | €2,615 | €6,211 | +€3,596 | +137.5% |
| Taxes | 450/3 | €2,615 | €3,896 | +€1,280 | +48.9% |
| Remuneration and social security | 454/9 | €0 | €2,316 | +€2,316 | |
| Other amounts payable | 47/48 | €18,492 | €25,910 | +€7,418 | +40.1% |
| Accrued charges and deferred income | 492/3 | €145 | €199 | +€54 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,923 | €23,518 | +€10,594 | +82.0% |
| Other operating charges | 640/8 | €1,478 | €2,240 | +€762 | +51.6% |
| Non-recurring operating charges | 66A | €540 | €157 | -€383 | -71.0% |
| Gross operating margin | 9900 | €28,528 | €44,424 | +€15,896 | +55.7% |
| Operating profit (loss) | 9901 | €13,587 | €18,510 | +€4,923 | +36.2% |
| Financial income | 75/76B | €846 | €282 | -€564 | -66.7% |
| Recurring financial income | 75 | €846 | €282 | -€564 | -66.7% |
| Financial charges | 65/66B | €823 | €7,208 | +€6,385 | +776.2% |
| Recurring financial charges | 65 | €823 | €7,208 | +€6,385 | +776.2% |
| Profit (loss) for the period before taxes | 9903 | €13,611 | €11,584 | -€2,027 | -14.9% |
| Income taxes | 67/77 | €3,221 | €2,842 | -€379 | -11.8% |
| Profit (loss) for the period | 9904 | €10,390 | €8,743 | -€1,648 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,390 | €8,743 | -€1,648 | -15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.