BRITE LIGHT: 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 LIGHT
Largest movements
- Cash -€148,002
down €148,002 (-76.7%), from €193,031 to €45,029
mainly Stocks and contracts (-€73,177) and Net result for the year (-€40,263)
- Stocks and contracts +€73,177
up €73,177 (+30.7%), from €238,253 to €311,430
- Receivables within one year +€13,252
up €13,252 (+25.5%), from €51,994 to €65,245
of which Other amounts receivable: +€13,252
- Profit (loss) carried forward -€40,263
down €40,263 (-46.5%), from €86,549 to €46,285
- Tax, wage and social debts -€21,715
down €21,715 (-91.5%), from €23,734 to €2,020
- Gross operating margin +€20,237
up €20,237 (+39.5%), from -€51,227 to -€30,990
- Other operating charges -€4,091
down €4,091 (-78.3%), from €5,226 to €1,135
- Depreciation -€3,151
down €3,151 (-51.6%), from €6,105 to €2,954
- Financial charges -€1,974
down €1,974 (-29.0%), from €6,801 to €4,828
- Taxes -€681
down €681 (-82.9%), from €822 to €141
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 | €548,166 | €483,323 | -€64,842 | -11.8% |
| Fixed assets | 21/28 | €64,408 | €61,114 | -€3,294 | -5.1% |
| Tangible fixed assets | 22/27 | €5,695 | €2,401 | -€3,294 | -57.8% |
| Plant, machinery and equipment | 23 | €1,307 | €193 | -€1,114 | -85.2% |
| Furniture and vehicles | 24 | €4,388 | €2,208 | -€2,180 | -49.7% |
| Financial fixed assets | 28 | €58,713 | €58,713 | = | 0.0% |
| Current assets | 29/58 | €483,757 | €422,209 | -€61,548 | -12.7% |
| Stocks and contracts in progress | 3 | €238,253 | €311,430 | +€73,177 | +30.7% |
| Stocks | 30/36 | €238,253 | €311,430 | +€73,177 | +30.7% |
| Amounts receivable within one year | 40/41 | €51,994 | €65,245 | +€13,252 | +25.5% |
| Trade receivables | 40 | €4,771 | €4,771 | = | 0.0% |
| Other amounts receivable | 41 | €47,223 | €60,474 | +€13,252 | +28.1% |
| Cash at bank and in hand | 54/58 | €193,031 | €45,029 | -€148,002 | -76.7% |
| Deferred charges and accrued income | 490/1 | €480 | €505 | +€24 | +5.1% |
| Total equity and liabilities | 10/49 | €548,166 | €483,323 | -€64,842 | -11.8% |
| Equity | 10/15 | €252,009 | €211,745 | -€40,263 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,860 | €146,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,549 | €46,285 | -€40,263 | -46.5% |
| Amounts payable | 17/49 | €296,157 | €271,578 | -€24,579 | -8.3% |
| Amounts payable within one year | 42/48 | €296,157 | €271,578 | -€24,579 | -8.3% |
| Trade debts | 44 | €452 | €2,736 | +€2,284 | +506% |
| Suppliers | 440/4 | €452 | €2,736 | +€2,284 | +506% |
| Taxes, remuneration and social security | 45 | €23,734 | €2,020 | -€21,715 | -91.5% |
| Taxes | 450/3 | €23,734 | €2,020 | -€21,715 | -91.5% |
| Other amounts payable | 47/48 | €271,971 | €266,822 | -€5,149 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,105 | €2,954 | -€3,151 | -51.6% |
| Other operating charges | 640/8 | €5,226 | €1,135 | -€4,091 | -78.3% |
| Non-recurring operating charges | 66A | €0 | €340 | +€340 | |
| Gross operating margin | 9900 | -€51,227 | -€30,990 | +€20,237 | +39.5% |
| Operating profit (loss) | 9901 | -€62,558 | -€35,419 | +€27,139 | +43.4% |
| Financial income | 75/76B | €28 | €124 | +€96 | +349% |
| Recurring financial income | 75 | €28 | €124 | +€96 | +349% |
| Financial charges | 65/66B | €6,801 | €4,828 | -€1,974 | -29.0% |
| Recurring financial charges | 65 | €6,801 | €4,828 | -€1,974 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€69,332 | -€40,122 | +€29,210 | +42.1% |
| Income taxes | 67/77 | €822 | €141 | -€681 | -82.9% |
| Profit (loss) for the period | 9904 | -€70,154 | -€40,263 | +€29,890 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,154 | -€40,263 | +€29,890 | +42.6% |
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.