BRITECO: 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.
BRITECO
Largest movements
- Tangible fixed assets -€22,143
down €22,143 (-26.8%), from €82,606 to €60,463
- Financial fixed assets +€10,000
new in 2025: €10,000
- Deferred charges and accrued income +€4,721
up €4,721 (+509.8%), from €926 to €5,647
- Receivables within one year -€3,307
down €3,307 (-91.8%), from €3,602 to €295
of which Trade receivables: -€3,040
- Cash +€2,118
up €2,118 (+65.2%), from €3,246 to €5,364
mainly Other debts (+€41,175) and Depreciation (+€24,762)
- Other debts +€41,175
up €41,175 (+57.0%), from €72,237 to €113,412
- Profit (loss) carried forward -€37,932
down €37,932 (-176.1%), from -€21,535 to -€59,467
- Debts after one year -€7,427
down €7,427 (-41.7%), from €17,806 to €10,379
- Trade debts -€6,565
down €6,565 (-83.3%), from €7,879 to €1,314
- Tax, wage and social debts +€1,583
up €1,583 (+74.7%), from €2,120 to €3,703
- Gross operating margin +€11,022
up €11,022 (+49.1%), from -€22,430 to -€11,408
- Taxes -€889
down €889, from €786 to -€103
- Other operating charges -€619
down €619 (-44.7%), from €1,386 to €767
- Depreciation +€470
up €470 (+1.9%), from €24,292 to €24,762
- Financial charges -€226
down €226 (-17.0%), from €1,325 to €1,099
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 | €90,380 | €81,768 | -€8,612 | -9.5% |
| Fixed assets | 21/28 | €82,606 | €70,463 | -€12,143 | -14.7% |
| Tangible fixed assets | 22/27 | €82,606 | €60,463 | -€22,143 | -26.8% |
| Furniture and vehicles | 24 | €82,606 | €60,463 | -€22,143 | -26.8% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €7,774 | €11,305 | +€3,531 | +45.4% |
| Amounts receivable within one year | 40/41 | €3,602 | €295 | -€3,307 | -91.8% |
| Trade receivables | 40 | €3,335 | €295 | -€3,040 | -91.2% |
| Other amounts receivable | 41 | €267 | - | -€267 | |
| Cash at bank and in hand | 54/58 | €3,246 | €5,364 | +€2,118 | +65.2% |
| Deferred charges and accrued income | 490/1 | €926 | €5,647 | +€4,721 | +509.8% |
| Total equity and liabilities | 10/49 | €90,380 | €81,768 | -€8,612 | -9.5% |
| Equity | 10/15 | -€16,535 | -€54,467 | -€37,932 | -229.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,535 | -€59,467 | -€37,932 | -176.1% |
| Amounts payable | 17/49 | €106,915 | €136,235 | +€29,320 | +27.4% |
| Amounts payable after more than one year | 17 | €17,806 | €10,379 | -€7,427 | -41.7% |
| Financial debts | 170/4 | €17,806 | €10,379 | -€7,427 | -41.7% |
| Amounts payable within one year | 42/48 | €89,109 | €125,856 | +€36,747 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €6,873 | €7,427 | +€554 | +8.1% |
| Trade debts | 44 | €7,879 | €1,314 | -€6,565 | -83.3% |
| Suppliers | 440/4 | €7,879 | €1,314 | -€6,565 | -83.3% |
| Taxes, remuneration and social security | 45 | €2,120 | €3,703 | +€1,583 | +74.7% |
| Taxes | 450/3 | €2,120 | €3,703 | +€1,583 | +74.7% |
| Other amounts payable | 47/48 | €72,237 | €113,412 | +€41,175 | +57.0% |
| Non-recurring operating income | 76A | - | €3,467 | +€3,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,292 | €24,762 | +€470 | +1.9% |
| Other operating charges | 640/8 | €1,386 | €767 | -€619 | -44.7% |
| Gross operating margin | 9900 | -€22,430 | -€11,408 | +€11,022 | +49.1% |
| Operating profit (loss) | 9901 | -€48,108 | -€36,937 | +€11,171 | +23.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,325 | €1,099 | -€226 | -17.0% |
| Recurring financial charges | 65 | €1,325 | €1,099 | -€226 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,432 | -€38,037 | +€11,396 | +23.1% |
| Income taxes | 67/77 | €786 | -€103 | -€889 | |
| Profit (loss) for the period | 9904 | -€50,218 | -€37,933 | +€12,285 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,218 | -€37,933 | +€12,285 | +24.5% |
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 5 October 2026 via checked.be.