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Brittom: 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.

What changed

Brittom

BE 0418.564.995
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€18,627
2023 · -€131,590+€112,963
Equity
€2.7m
2023 · €2.7m-€18,627
Cash
€134,905
2023 · €8,705+€126,200
Balance sheet total
€2.8m
2023 · €2.8m+€54,553

Largest movements

2023 to 2024
Assets
  • Cash +€126,200

    up €126,200 (+1449.8%), from €8,705 to €134,905

    mainly Receivables within one year (+€44,987) and Provisions (+€43,904)

  • Receivables within one year -€44,987

    down €44,987 (-3.8%), from €1.2m to €1.1m

    of which Other amounts receivable: -€52,684

  • Tangible fixed assets -€33,650

    down €33,650 (-2.8%), from €1.2m to €1.2m

    of which Land and buildings: -€32,101

Equity and liabilities
  • Provisions +€43,904

    up €43,904 (+39.8%), from €110,283 to €154,186

Income statement
  • Gross operating margin +€168,753

    up €168,753, from -€118,242 to €50,511

  • Other operating charges +€7,795

    up €7,795 (+104.8%), from €7,439 to €15,234

  • Financial income -€1,528

    down €1,528 (-4.9%), from €31,439 to €29,911

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€131,590
Gross operating margin +€168,753
Depreciation +€611
Other operating charges -€7,795
Financial income -€1,528
Financial charges +€445
Taxes -€22
Deferred taxes and other -€47,501
Result 2024 -€18,627

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€134,413
Investment -€8,213
Financing €0
Cash 2023 €8,705
Net result for the year -€18,627
Depreciation +€35,009
Receivables within one year +€44,987
Deferred charges and accrued income -€136
Provisions +€43,904
Trade debts +€7,331
Tax, wage and social debts +€9,152
Accrued charges and deferred income +€12,793
Investment in fixed assets (net) -€8,213
Cash 2024 €134,905
Every line side by side 51 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,787,633 €2,842,186 +€54,553 +2.0%
Fixed assets 21/28 €1,543,045 €1,516,248 -€26,797 -1.7%
Tangible fixed assets 22/27 €1,196,968 €1,163,318 -€33,650 -2.8%
Land and buildings 22 €1,185,560 €1,153,458 -€32,101 -2.7%
Plant, machinery and equipment 23 €8,432 €7,409 -€1,023 -12.1%
Furniture and vehicles 24 €2,977 €2,451 -€526 -17.7%
Financial fixed assets 28 €346,077 €352,930 +€6,854 +2.0%
Current assets 29/58 €1,244,588 €1,325,938 +€81,349 +6.5%
Amounts receivable within one year 40/41 €1,178,814 €1,133,827 -€44,987 -3.8%
Trade receivables 40 €6,440 €14,136 +€7,697 +119.5%
Other amounts receivable 41 €1,172,374 €1,119,690 -€52,684 -4.5%
Cash at bank and in hand 54/58 €8,705 €134,905 +€126,200 +1449.8%
Deferred charges and accrued income 490/1 €57,070 €57,206 +€136 +0.2%
Total equity and liabilities 10/49 €2,787,633 €2,842,186 +€54,553 +2.0%
Equity 10/15 €2,669,574 €2,650,948 -€18,627 -0.7%
Contributions 10/11 €861,000 €861,000 = 0.0%
Capital 10 €861,000 €861,000 = 0.0%
Issued capital 100 €861,000 €861,000 = 0.0%
Reserves 13 €1,808,574 €1,789,948 -€18,627 -1.0%
Non-distributable reserves 130/1 €86,100 €86,100 = 0.0%
Legal reserve 130 €86,100 €86,100 = 0.0%
Tax-exempt reserves 132 €364,250 €495,961 +€131,711 +36.2%
Distributable reserves 133 €1,358,224 €1,207,887 -€150,337 -11.1%
Provisions and deferred taxes 16 €110,283 €154,186 +€43,904 +39.8%
Deferred taxes 168 €110,283 €154,186 +€43,904 +39.8%
Amounts payable 17/49 €7,776 €37,052 +€29,276 +376.5%
Amounts payable within one year 42/48 €7,776 €24,259 +€16,483 +212.0%
Trade debts 44 €504 €7,835 +€7,331 +1455.2%
Suppliers 440/4 €504 €7,835 +€7,331 +1455.2%
Taxes, remuneration and social security 45 €5,572 €14,724 +€9,152 +164.2%
Taxes 450/3 €5,572 €10,540 +€4,967 +89.1%
Remuneration and social security 454/9 - €4,184 +€4,184
Other amounts payable 47/48 €1,700 €1,700 = 0.0%
Accrued charges and deferred income 492/3 €0 €12,793 +€12,793
Non-recurring operating income 76A - €190,005 +€190,005
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €35,620 €35,009 -€611 -1.7%
Other operating charges 640/8 €7,439 €15,234 +€7,795 +104.8%
Gross operating margin 9900 -€118,242 €50,511 +€168,753
Operating profit (loss) 9901 -€161,301 €268 +€161,569
Financial income 75/76B €31,439 €29,911 -€1,528 -4.9%
Recurring financial income 75 €31,439 €29,911 -€1,528 -4.9%
Financial charges 65/66B €4,577 €4,132 -€445 -9.7%
Recurring financial charges 65 €4,577 €4,132 -€445 -9.7%
Profit (loss) for the period before taxes 9903 -€134,439 €26,047 +€160,486
Transfer from deferred taxes 780 €3,598 €3,598 +€0 0.0%
Transfer to deferred taxes 680 - €47,501 +€47,501
Income taxes 67/77 €748 €770 +€22 +3.0%
Profit (loss) for the period 9904 -€131,590 -€18,627 +€112,963 +85.8%
Transfer from tax-exempt reserves 789 €10,793 €10,793 +€0 0.0%
Transfer to tax-exempt reserves 689 - €142,504 +€142,504
Profit (loss) for the period to be appropriated 9905 -€120,797 -€150,337 -€29,541 -24.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.