BRITE INVEST: 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.
BRITE INVEST
Largest movements
- Tangible fixed assets +€481,261
up €481,261 (+31.9%), from €1.5m to €2.0m
of which Land and buildings: +€495,807
- Cash +€256,934
up €256,934 (+1,542%), from €16,657 to €273,591
mainly Net result for the year (+€879,236) and Depreciation (+€79,745)
- Receivables after one year +€220,000
up €220,000 (+68.8%), from €320,000 to €540,000
- Financial fixed assets -€211,351
down €211,351 (-97.7%), from €216,351 to €5,000
- Current investments +€136,929
up €136,929 (+22.4%), from €610,304 to €747,233
- Reserves +€879,236
up €879,236 (+33.7%), from €2.6m to €3.5m
- Tax, wage and social debts +€69,672
up €69,672 (+1,608%), from €4,332 to €74,003
of which Taxes: +€74,003
- Financial income +€1.1m
up €1.1m (+2,536%), from €45,228 to €1.2m
of which Non-recurring financial income: +€1.1m
- Taxes +€87,734
up €87,734 (+22,565%), from €389 to €88,122
- Other operating charges +€36,603
up €36,603 (+831%), from €4,404 to €41,007
- Depreciation +€14,210
up €14,210 (+21.7%), from €65,535 to €79,745
- Financial charges -€8,217
down €8,217 (-25.2%), from €32,558 to €24,342
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 | €2,693,638 | €3,627,769 | +€934,132 | +34.7% |
| Fixed assets | 21/28 | €1,725,769 | €1,995,679 | +€269,910 | +15.6% |
| Tangible fixed assets | 22/27 | €1,509,418 | €1,990,679 | +€481,261 | +31.9% |
| Land and buildings | 22 | €1,440,211 | €1,936,018 | +€495,807 | +34.4% |
| Plant, machinery and equipment | 23 | €271 | €26 | -€245 | -90.5% |
| Furniture and vehicles | 24 | €7,967 | €6,276 | -€1,691 | -21.2% |
| Leasing and similar rights | 25 | €48,245 | €36,883 | -€11,363 | -23.6% |
| Other tangible fixed assets | 26 | €12,723 | €11,477 | -€1,246 | -9.8% |
| Financial fixed assets | 28 | €216,351 | €5,000 | -€211,351 | -97.7% |
| Current assets | 29/58 | €967,869 | €1,632,091 | +€664,222 | +68.6% |
| Amounts receivable after more than one year | 29 | €320,000 | €540,000 | +€220,000 | +68.8% |
| Trade receivables | 290 | €320,000 | €540,000 | +€220,000 | +68.8% |
| Amounts receivable within one year | 40/41 | €15,507 | €64,016 | +€48,509 | +313% |
| Trade receivables | 40 | €4,734 | €8,053 | +€3,319 | +70.1% |
| Other amounts receivable | 41 | €10,773 | €55,962 | +€45,189 | +419% |
| Current investments | 50/53 | €610,304 | €747,233 | +€136,929 | +22.4% |
| Cash at bank and in hand | 54/58 | €16,657 | €273,591 | +€256,934 | +1,542% |
| Deferred charges and accrued income | 490/1 | €5,400 | €7,250 | +€1,850 | +34.3% |
| Total equity and liabilities | 10/49 | €2,693,638 | €3,627,769 | +€934,132 | +34.7% |
| Equity | 10/15 | €2,629,432 | €3,508,668 | +€879,236 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,610,832 | €3,490,068 | +€879,236 | +33.7% |
| Distributable reserves | 133 | €2,610,832 | €3,490,068 | +€879,236 | +33.7% |
| Amounts payable | 17/49 | €64,205 | €119,101 | +€54,896 | +85.5% |
| Amounts payable after more than one year | 17 | €37,939 | €27,110 | -€10,830 | -28.5% |
| Financial debts | 170/4 | €37,939 | €27,110 | -€10,830 | -28.5% |
| Amounts payable within one year | 42/48 | €26,266 | €91,428 | +€65,162 | +248% |
| Current portion of amounts payable after more than one year | 42 | €19,458 | €10,830 | -€8,629 | -44.3% |
| Trade debts | 44 | €124 | €6,595 | +€6,471 | +5,228% |
| Suppliers | 440/4 | €124 | €6,595 | +€6,471 | +5,228% |
| Taxes, remuneration and social security | 45 | €4,332 | €74,003 | +€69,672 | +1,608% |
| Taxes | 450/3 | - | €74,003 | +€74,003 | |
| Remuneration and social security | 454/9 | €4,332 | - | -€4,332 | |
| Other amounts payable | 47/48 | €2,352 | - | -€2,352 | |
| Accrued charges and deferred income | 492/3 | - | €564 | +€564 | |
| Non-recurring operating income | 76A | €12,132 | - | -€12,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,535 | €79,745 | +€14,210 | +21.7% |
| Other operating charges | 640/8 | €4,404 | €41,007 | +€36,603 | +831% |
| Non-recurring operating charges | 66A | €1,928 | - | -€1,928 | |
| Gross operating margin | 9900 | -€80,383 | -€79,857 | +€526 | +0.7% |
| Operating profit (loss) | 9901 | -€152,250 | -€200,609 | -€48,359 | -31.8% |
| Financial income | 75/76B | €45,228 | €1,192,309 | +€1.1m | +2,536% |
| Recurring financial income | 75 | €45,228 | €63,883 | +€18,655 | +41.2% |
| Non-recurring financial income | 76B | - | €1,128,425 | +€1.1m | |
| Financial charges | 65/66B | €32,558 | €24,342 | -€8,217 | -25.2% |
| Recurring financial charges | 65 | €32,558 | €24,342 | -€8,217 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€139,581 | €967,358 | +€1.1m | |
| Income taxes | 67/77 | €389 | €88,122 | +€87,734 | +22,565% |
| Profit (loss) for the period | 9904 | -€139,970 | €879,236 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€139,970 | €879,236 | +€1.0m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.