Britt Guns: 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.
Britt Guns
Largest movements
- Cash +€47,411
up €47,411 (+360%), from €13,170 to €60,581
mainly Depreciation (+€49,366) and Trade debts (+€13,460)
- Tangible fixed assets -€28,291
down €28,291 (-9.0%), from €312,905 to €284,614
of which Other tangible fixed assets: -€17,218
- Receivables within one year -€7,983
down €7,983 (-41.0%), from €19,472 to €11,489
of which Trade receivables: -€6,980
- Debts after one year -€22,135
down €22,135 (-23.6%), from €93,854 to €71,719
- Trade debts +€13,460
up €13,460 (+105%), from €12,782 to €26,242
- Reserves +€9,415
up €9,415 (+5.8%), from €161,322 to €170,737
- Other debts +€5,916
up €5,916 (+20.3%), from €29,189 to €35,105
- Staff costs -€25,978
down €25,978 (-74.3%), from €34,969 to €8,991
- Gross operating margin -€11,224
down €11,224 (-9.9%), from €113,617 to €102,393
- Depreciation +€8,944
up €8,944 (+22.1%), from €40,422 to €49,366
- Other operating charges -€5,419
down €5,419 (-18.1%), from €29,960 to €24,541
- Taxes +€3,925
up €3,925 (+9,813,450%), from €0 to €3,925
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 | €348,567 | €359,704 | +€11,137 | +3.2% |
| Fixed assets | 21/28 | €312,905 | €284,614 | -€28,291 | -9.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €312,905 | €284,614 | -€28,291 | -9.0% |
| Plant, machinery and equipment | 23 | €18,502 | €12,664 | -€5,837 | -31.5% |
| Furniture and vehicles | 24 | €7,129 | €10,109 | +€2,979 | +41.8% |
| Leasing and similar rights | 25 | €25,007 | €16,792 | -€8,216 | -32.9% |
| Other tangible fixed assets | 26 | €262,267 | €245,049 | -€17,218 | -6.6% |
| Current assets | 29/58 | €35,662 | €75,090 | +€39,428 | +111% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,472 | €11,489 | -€7,983 | -41.0% |
| Trade receivables | 40 | €14,438 | €7,457 | -€6,980 | -48.3% |
| Other amounts receivable | 41 | €5,035 | €4,032 | -€1,003 | -19.9% |
| Cash at bank and in hand | 54/58 | €13,170 | €60,581 | +€47,411 | +360% |
| Deferred charges and accrued income | 490/1 | €3,019 | €3,019 | = | 0.0% |
| Total equity and liabilities | 10/49 | €348,567 | €359,704 | +€11,137 | +3.2% |
| Equity | 10/15 | €179,922 | €189,337 | +€9,415 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,322 | €170,737 | +€9,415 | +5.8% |
| Distributable reserves | 133 | €161,322 | €170,737 | +€9,415 | +5.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €168,645 | €170,367 | +€1,722 | +1.0% |
| Amounts payable after more than one year | 17 | €93,854 | €71,719 | -€22,135 | -23.6% |
| Financial debts | 170/4 | €93,854 | €71,719 | -€22,135 | -23.6% |
| Amounts payable within one year | 42/48 | €74,791 | €98,648 | +€23,857 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €21,011 | €22,135 | +€1,124 | +5.3% |
| Trade debts | 44 | €12,782 | €26,242 | +€13,460 | +105% |
| Suppliers | 440/4 | €12,782 | €26,242 | +€13,460 | +105% |
| Taxes, remuneration and social security | 45 | €11,810 | €15,166 | +€3,356 | +28.4% |
| Taxes | 450/3 | €6,803 | €15,166 | +€8,364 | +123% |
| Remuneration and social security | 454/9 | €5,007 | €0 | -€5,007 | -100% |
| Other amounts payable | 47/48 | €29,189 | €35,105 | +€5,916 | +20.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €2,479 | €5,850 | +€3,371 | +136% |
| Remuneration, social security and pensions | 62 | €34,969 | €8,991 | -€25,978 | -74.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,422 | €49,366 | +€8,944 | +22.1% |
| Other operating charges | 640/8 | €29,960 | €24,541 | -€5,419 | -18.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €113,617 | €102,393 | -€11,224 | -9.9% |
| Operating profit (loss) | 9901 | €8,266 | €19,495 | +€11,229 | +136% |
| Financial income | 75/76B | €253 | €24 | -€229 | -90.6% |
| Recurring financial income | 75 | €253 | €24 | -€229 | -90.6% |
| Financial charges | 65/66B | €4,031 | €6,179 | +€2,147 | +53.3% |
| Recurring financial charges | 65 | €4,031 | €6,179 | +€2,147 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €4,487 | €13,340 | +€8,853 | +197% |
| Income taxes | 67/77 | €0 | €3,925 | +€3,925 | +9,813,450% |
| Profit (loss) for the period | 9904 | €4,487 | €9,415 | +€4,927 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €4,487 | €9,415 | +€4,927 | +110% |
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 20 October 2026 via checked.be.