BRITOM: 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.
BRITOM
Largest movements
- Cash -€45,819
down €45,819 (-27.6%), from €166,228 to €120,410
mainly Debts after one year (-€63,742) and Tax, wage and social debts (-€38,031)
- Tangible fixed assets -€34,196
down €34,196 (-3.9%), from €885,516 to €851,320
of which Land and buildings: -€22,433
- Debts after one year -€63,742
down €63,742 (-10.8%), from €590,119 to €526,378
- Tax, wage and social debts -€38,031
down €38,031 (-39.7%), from €95,911 to €57,880
of which Remuneration and social security: -€34,697
- Reserves +€23,650
up €23,650 (+8.7%), from €271,636 to €295,286
- Staff costs -€25,839
down €25,839 (-10.0%), from €258,827 to €232,988
- Taxes +€15,838
up €15,838 (+63.5%), from €24,926 to €40,764
- Gross operating margin -€12,453
down €12,453 (-3.0%), from €409,910 to €397,457
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 | €1,108,902 | €1,026,701 | -€82,201 | -7.4% |
| Fixed assets | 21/28 | €885,516 | €852,820 | -€32,696 | -3.7% |
| Tangible fixed assets | 22/27 | €885,516 | €851,320 | -€34,196 | -3.9% |
| Land and buildings | 22 | €847,235 | €824,802 | -€22,433 | -2.6% |
| Plant, machinery and equipment | 23 | €15,424 | €16,034 | +€610 | +4.0% |
| Furniture and vehicles | 24 | €21,036 | €9,502 | -€11,534 | -54.8% |
| Other tangible fixed assets | 26 | €1,821 | €982 | -€839 | -46.1% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €223,386 | €173,882 | -€49,505 | -22.2% |
| Stocks and contracts in progress | 3 | €14,521 | €13,019 | -€1,502 | -10.3% |
| Stocks | 30/36 | €14,521 | €13,019 | -€1,502 | -10.3% |
| Amounts receivable within one year | 40/41 | €39,071 | €36,872 | -€2,199 | -5.6% |
| Trade receivables | 40 | €11,679 | €12,928 | +€1,249 | +10.7% |
| Other amounts receivable | 41 | €27,392 | €23,943 | -€3,448 | -12.6% |
| Cash at bank and in hand | 54/58 | €166,228 | €120,410 | -€45,819 | -27.6% |
| Deferred charges and accrued income | 490/1 | €3,565 | €3,581 | +€15 | +0.4% |
| Total equity and liabilities | 10/49 | €1,108,902 | €1,026,701 | -€82,201 | -7.4% |
| Equity | 10/15 | €321,636 | €345,286 | +€23,650 | +7.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Share premium | 1100/10 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €271,636 | €295,286 | +€23,650 | +8.7% |
| Distributable reserves | 133 | €271,636 | €295,286 | +€23,650 | +8.7% |
| Amounts payable | 17/49 | €787,266 | €681,415 | -€105,851 | -13.4% |
| Amounts payable after more than one year | 17 | €590,119 | €526,378 | -€63,742 | -10.8% |
| Financial debts | 170/4 | €590,119 | €526,378 | -€63,742 | -10.8% |
| Amounts payable within one year | 42/48 | €197,147 | €155,038 | -€42,109 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €52,240 | €51,742 | -€499 | -1.0% |
| Financial debts | 43 | €770 | €1,196 | +€426 | +55.3% |
| Credit institutions | 430/8 | €770 | €1,196 | +€426 | +55.3% |
| Trade debts | 44 | €30,621 | €26,816 | -€3,805 | -12.4% |
| Suppliers | 440/4 | €30,621 | €26,816 | -€3,805 | -12.4% |
| Taxes, remuneration and social security | 45 | €95,911 | €57,880 | -€38,031 | -39.7% |
| Taxes | 450/3 | €32,434 | €29,100 | -€3,334 | -10.3% |
| Remuneration and social security | 454/9 | €63,477 | €28,780 | -€34,697 | -54.7% |
| Other amounts payable | 47/48 | €17,605 | €17,405 | -€200 | -1.1% |
| Remuneration, social security and pensions | 62 | €258,827 | €232,988 | -€25,839 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,644 | €40,835 | +€191 | +0.5% |
| Other operating charges | 640/8 | €10,222 | €8,265 | -€1,957 | -19.1% |
| Gross operating margin | 9900 | €409,910 | €397,457 | -€12,453 | -3.0% |
| Operating profit (loss) | 9901 | €100,217 | €115,369 | +€15,152 | +15.1% |
| Financial income | 75/76B | €567 | €857 | +€290 | +51.1% |
| Recurring financial income | 75 | €567 | €857 | +€290 | +51.1% |
| Financial charges | 65/66B | €22,041 | €21,752 | -€289 | -1.3% |
| Recurring financial charges | 65 | €22,041 | €21,752 | -€289 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €78,743 | €94,473 | +€15,731 | +20.0% |
| Income taxes | 67/77 | €24,926 | €40,764 | +€15,838 | +63.5% |
| Profit (loss) for the period | 9904 | €53,817 | €53,710 | -€107 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,817 | €53,710 | -€107 | -0.2% |
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 1 October 2026 via checked.be.