BRITANNIA: 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.
BRITANNIA
Largest movements
- Cash +€54,918
up €54,918 (+270%), from €20,304 to €75,222
mainly Other debts (+€49,048) and Net result for the year (+€11,000)
- Stocks and contracts +€10,094
up €10,094 (+38.8%), from €26,017 to €36,111
- Receivables within one year -€4,208
down €4,208 (-27.0%), from €15,573 to €11,365
of which Trade receivables: -€3,078
- Tangible fixed assets +€2,566
up €2,566 (+22.6%), from €11,336 to €13,902
of which Other tangible fixed assets: +€4,281
- Other debts +€49,048
up €49,048 (+410%), from €11,949 to €60,997
- Profit (loss) carried forward +€11,000
up €11,000 (+46.4%), from -€23,721 to -€12,721
- Trade debts +€2,535
up €2,535 (+3.1%), from €81,442 to €83,978
- Gross operating margin -€31,373
down €31,373 (-53.3%), from €58,821 to €27,447
- Staff costs -€18,751
down €18,751 (-90.4%), from €20,751 to €2,000
- Write-downs -€4,681
down €4,681 (-100%), from €4,681 to €0
- Financial charges +€1,571
up €1,571 (+76.7%), from €2,048 to €3,619
- Depreciation +€1,122
up €1,122 (+23.2%), from €4,835 to €5,956
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 | €75,418 | €137,789 | +€62,370 | +82.7% |
| Fixed assets | 21/28 | €13,525 | €15,091 | +€1,566 | +11.6% |
| Intangible fixed assets | 21 | €2,189 | €1,189 | -€1,000 | -45.7% |
| Tangible fixed assets | 22/27 | €11,336 | €13,902 | +€2,566 | +22.6% |
| Plant, machinery and equipment | 23 | €7,568 | €7,578 | +€10 | +0.1% |
| Furniture and vehicles | 24 | €3,767 | €2,043 | -€1,724 | -45.8% |
| Other tangible fixed assets | 26 | - | €4,281 | +€4,281 | |
| Current assets | 29/58 | €61,894 | €122,698 | +€60,804 | +98.2% |
| Stocks and contracts in progress | 3 | €26,017 | €36,111 | +€10,094 | +38.8% |
| Stocks | 30/36 | €26,017 | €36,111 | +€10,094 | +38.8% |
| Amounts receivable within one year | 40/41 | €15,573 | €11,365 | -€4,208 | -27.0% |
| Trade receivables | 40 | €8,578 | €5,500 | -€3,078 | -35.9% |
| Other amounts receivable | 41 | €6,995 | €5,865 | -€1,130 | -16.2% |
| Cash at bank and in hand | 54/58 | €20,304 | €75,222 | +€54,918 | +270% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €75,418 | €137,789 | +€62,370 | +82.7% |
| Equity | 10/15 | -€18,721 | -€7,721 | +€11,000 | +58.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,721 | -€12,721 | +€11,000 | +46.4% |
| Amounts payable | 17/49 | €94,140 | €145,510 | +€51,370 | +54.6% |
| Amounts payable within one year | 42/48 | €94,140 | €145,510 | +€51,370 | +54.6% |
| Trade debts | 44 | €81,442 | €83,978 | +€2,535 | +3.1% |
| Suppliers | 440/4 | €81,442 | €83,978 | +€2,535 | +3.1% |
| Taxes, remuneration and social security | 45 | €749 | €535 | -€214 | -28.6% |
| Taxes | 450/3 | €749 | €535 | -€214 | -28.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,949 | €60,997 | +€49,048 | +410% |
| Remuneration, social security and pensions | 62 | €20,751 | €2,000 | -€18,751 | -90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,835 | €5,956 | +€1,122 | +23.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,681 | €0 | -€4,681 | -100% |
| Other operating charges | 640/8 | €5,296 | €5,272 | -€24 | -0.5% |
| Gross operating margin | 9900 | €58,821 | €27,447 | -€31,373 | -53.3% |
| Operating profit (loss) | 9901 | €23,258 | €14,219 | -€9,039 | -38.9% |
| Financial income | 75/76B | €23 | €400 | +€376 | +1,614% |
| Recurring financial income | 75 | €23 | €400 | +€376 | +1,614% |
| Financial charges | 65/66B | €2,048 | €3,619 | +€1,571 | +76.7% |
| Recurring financial charges | 65 | €2,048 | €3,619 | +€1,571 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | €21,233 | €11,000 | -€10,233 | -48.2% |
| Profit (loss) for the period | 9904 | €21,233 | €11,000 | -€10,233 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,233 | €11,000 | -€10,233 | -48.2% |
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 23 October 2026 via checked.be.