BRIVAKE: 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.
BRIVAKE
Largest movements
- Cash -€11,473
down €11,473 (-16.7%), from €68,511 to €57,037
mainly Other debts (-€5,266) and Investment in fixed assets (net) (-€3,813)
- Tangible fixed assets +€1,886
up €1,886 (+54.6%), from €3,451 to €5,337
of which Other tangible fixed assets: +€3,475
- Other debts -€5,266
down €5,266 (-82.2%), from €6,409 to €1,143
- Debts after one year -€3,689
down €3,689 (-35.1%), from €10,500 to €6,811
- Tax, wage and social debts -€2,137
down €2,137 (-13.9%), from €15,373 to €13,237
of which Taxes: -€6,040
- Gross operating margin -€19,279
down €19,279 (-28.4%), from €67,996 to €48,717
- Staff costs +€6,760
up €6,760 (+19.2%), from €35,217 to €41,977
- Taxes -€5,937
down €5,937 (-94.1%), from €6,309 to €372
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 | €106,673 | €96,738 | -€9,935 | -9.3% |
| Fixed assets | 21/28 | €3,498 | €5,337 | +€1,839 | +52.6% |
| Intangible fixed assets | 21 | €47 | - | -€47 | |
| Tangible fixed assets | 22/27 | €3,451 | €5,337 | +€1,886 | +54.6% |
| Plant, machinery and equipment | 23 | €2,093 | €1,212 | -€881 | -42.1% |
| Furniture and vehicles | 24 | €1,199 | €491 | -€708 | -59.0% |
| Other tangible fixed assets | 26 | €159 | €3,634 | +€3,475 | +2189.5% |
| Current assets | 29/58 | €103,174 | €91,401 | -€11,774 | -11.4% |
| Stocks and contracts in progress | 3 | €6,702 | €6,070 | -€632 | -9.4% |
| Stocks | 30/36 | €6,702 | €6,070 | -€632 | -9.4% |
| Amounts receivable within one year | 40/41 | €26,465 | €26,600 | +€135 | +0.5% |
| Trade receivables | 40 | €23 | €126 | +€103 | +438.5% |
| Other amounts receivable | 41 | €26,441 | €26,474 | +€33 | +0.1% |
| Cash at bank and in hand | 54/58 | €68,511 | €57,037 | -€11,473 | -16.7% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,694 | +€197 | +13.1% |
| Total equity and liabilities | 10/49 | €106,673 | €96,738 | -€9,935 | -9.3% |
| Equity | 10/15 | €67,302 | €67,959 | +€657 | +1.0% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €17,212 | €17,869 | +€657 | +3.8% |
| Distributable reserves | 133 | €17,212 | €17,869 | +€657 | +3.8% |
| Profit (loss) carried forward | 14 | €37,695 | €37,695 | = | 0.0% |
| Amounts payable | 17/49 | €39,371 | €28,778 | -€10,592 | -26.9% |
| Amounts payable after more than one year | 17 | €10,500 | €6,811 | -€3,689 | -35.1% |
| Financial debts | 170/4 | €10,500 | €6,811 | -€3,689 | -35.1% |
| Amounts payable within one year | 42/48 | €28,870 | €21,967 | -€6,903 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €4,337 | €4,686 | +€350 | +8.1% |
| Trade debts | 44 | €2,751 | €2,901 | +€149 | +5.4% |
| Suppliers | 440/4 | €2,751 | €2,901 | +€149 | +5.4% |
| Taxes, remuneration and social security | 45 | €15,373 | €13,237 | -€2,137 | -13.9% |
| Taxes | 450/3 | €11,199 | €5,159 | -€6,040 | -53.9% |
| Remuneration and social security | 454/9 | €4,174 | €8,078 | +€3,904 | +93.5% |
| Other amounts payable | 47/48 | €6,409 | €1,143 | -€5,266 | -82.2% |
| Remuneration, social security and pensions | 62 | €35,217 | €41,977 | +€6,760 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,022 | €1,975 | -€47 | -2.3% |
| Other operating charges | 640/8 | €399 | €335 | -€64 | -16.0% |
| Gross operating margin | 9900 | €67,996 | €48,717 | -€19,279 | -28.4% |
| Operating profit (loss) | 9901 | €30,359 | €4,431 | -€25,929 | -85.4% |
| Financial income | 75/76B | €447 | €358 | -€90 | -20.1% |
| Recurring financial income | 75 | €447 | €358 | -€90 | -20.1% |
| Financial charges | 65/66B | €3,145 | €3,758 | +€614 | +19.5% |
| Recurring financial charges | 65 | €3,145 | €3,758 | +€614 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €27,662 | €1,030 | -€26,632 | -96.3% |
| Income taxes | 67/77 | €6,309 | €372 | -€5,937 | -94.1% |
| Profit (loss) for the period | 9904 | €21,353 | €657 | -€20,695 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,353 | €657 | -€20,695 | -96.9% |
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 12 October 2026 via checked.be.