Brits: 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.
Brits
Largest movements
- Receivables within one year -€18,637
down €18,637 (-48.7%), from €38,240 to €19,603
of which Trade receivables: -€21,221
- Tangible fixed assets -€7,131
down €7,131 (-3.2%), from €223,483 to €216,352
of which Land and buildings: -€7,806
- Stocks and contracts +€6,685
up €6,685 (+23.5%), from €28,424 to €35,109
- Cash +€6,463
up €6,463 (+53.5%), from €12,090 to €18,553
mainly Receivables within one year (+€18,637) and Depreciation (+€10,049)
- Deferred charges and accrued income +€3,078
up €3,078, from €0 to €3,078
- Debts after one year -€13,147
down €13,147 (-8.6%), from €152,937 to €139,790
- Other debts +€4,822
up €4,822 (+67.6%), from €7,135 to €11,958
- Trade debts -€4,218
down €4,218 (-19.8%), from €21,294 to €17,076
- Accrued charges and deferred income -€3,148
down €3,148 (-63.5%), from €4,959 to €1,811
- Staff costs +€54,415
up €54,415 (+464%), from €11,721 to €66,136
- Gross operating margin +€47,580
up €47,580 (+123%), from €38,586 to €86,166
- Taxes -€2,331
down €2,331 (-66.2%), from €3,522 to €1,191
- Other operating charges +€1,783
up €1,783 (+130%), from €1,370 to €3,153
- Write-downs -€1,124
down €1,124, from €181 to -€943
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 | €302,678 | €293,016 | -€9,662 | -3.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €223,923 | €216,672 | -€7,251 | -3.2% |
| Intangible fixed assets | 21 | €140 | €20 | -€120 | -85.7% |
| Tangible fixed assets | 22/27 | €223,483 | €216,352 | -€7,131 | -3.2% |
| Land and buildings | 22 | €219,700 | €211,894 | -€7,806 | -3.6% |
| Plant, machinery and equipment | 23 | €604 | €2,152 | +€1,548 | +256% |
| Furniture and vehicles | 24 | €3,179 | €2,306 | -€873 | -27.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €78,754 | €76,344 | -€2,411 | -3.1% |
| Stocks and contracts in progress | 3 | €28,424 | €35,109 | +€6,685 | +23.5% |
| Stocks | 30/36 | €28,424 | €35,109 | +€6,685 | +23.5% |
| Amounts receivable within one year | 40/41 | €38,240 | €19,603 | -€18,637 | -48.7% |
| Trade receivables | 40 | €34,894 | €13,674 | -€21,221 | -60.8% |
| Other amounts receivable | 41 | €3,346 | €5,930 | +€2,584 | +77.2% |
| Cash at bank and in hand | 54/58 | €12,090 | €18,553 | +€6,463 | +53.5% |
| Deferred charges and accrued income | 490/1 | €0 | €3,078 | +€3,078 | |
| Total equity and liabilities | 10/49 | €302,678 | €293,016 | -€9,662 | -3.2% |
| Equity | 10/15 | €98,990 | €101,827 | +€2,837 | +2.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €56,760 | €59,560 | +€2,800 | +4.9% |
| Distributable reserves | 133 | €56,760 | €59,560 | +€2,800 | +4.9% |
| Profit (loss) carried forward | 14 | €32,230 | €32,267 | +€37 | +0.1% |
| Amounts payable | 17/49 | €203,688 | €191,189 | -€12,499 | -6.1% |
| Amounts payable after more than one year | 17 | €152,937 | €139,790 | -€13,147 | -8.6% |
| Financial debts | 170/4 | €152,937 | €139,790 | -€13,147 | -8.6% |
| Amounts payable within one year | 42/48 | €45,792 | €49,588 | +€3,796 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €12,973 | €13,147 | +€174 | +1.3% |
| Trade debts | 44 | €21,294 | €17,076 | -€4,218 | -19.8% |
| Suppliers | 440/4 | €21,294 | €17,076 | -€4,218 | -19.8% |
| Taxes, remuneration and social security | 45 | €4,390 | €7,408 | +€3,018 | +68.7% |
| Taxes | 450/3 | €3,568 | €722 | -€2,846 | -79.8% |
| Remuneration and social security | 454/9 | €822 | €6,686 | +€5,864 | +714% |
| Other amounts payable | 47/48 | €7,135 | €11,958 | +€4,822 | +67.6% |
| Accrued charges and deferred income | 492/3 | €4,959 | €1,811 | -€3,148 | -63.5% |
| Remuneration, social security and pensions | 62 | €11,721 | €66,136 | +€54,415 | +464% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,434 | €10,049 | +€615 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €181 | -€943 | -€1,124 | |
| Other operating charges | 640/8 | €1,370 | €3,153 | +€1,783 | +130% |
| Gross operating margin | 9900 | €38,586 | €86,166 | +€47,580 | +123% |
| Operating profit (loss) | 9901 | €15,880 | €7,772 | -€8,109 | -51.1% |
| Financial income | 75/76B | €110 | €119 | +€9 | +8.4% |
| Recurring financial income | 75 | €110 | €119 | +€9 | +8.4% |
| Financial charges | 65/66B | €4,362 | €3,862 | -€500 | -11.5% |
| Recurring financial charges | 65 | €4,362 | €3,862 | -€500 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €11,628 | €4,029 | -€7,600 | -65.4% |
| Income taxes | 67/77 | €3,522 | €1,191 | -€2,331 | -66.2% |
| Profit (loss) for the period | 9904 | €8,107 | €2,837 | -€5,269 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,107 | €2,837 | -€5,269 | -65.0% |
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 14 October 2026 via checked.be.