BRIVER INVEST: what changed
BRIVER INVEST
Largest movements
- Receivables within one year +€53,820
up €53,820 (+148%), from €36,347 to €90,167
of which Trade receivables: +€27,408
- Cash +€41,520
up €41,520 (+252%), from €16,467 to €57,988
- Reserves +€58,895
up €58,895 (+90.9%), from €64,812 to €123,706
of which Distributable reserves: +€60,755
- Tax, wage and social debts +€21,064
up €21,064 (+585%), from €3,599 to €24,663
of which Remuneration and social security: +€11,618
- Other debts +€10,065
up €10,065 (+2.8%), from €358,691 to €368,757
- Gross operating margin +€73,682
up €73,682 (+168%), from €43,933 to €117,615
- Taxes +€15,982
up €15,982 (+175%), from €9,138 to €25,120
- Financial charges +€8,289
up €8,289 (+383%), from €2,162 to €10,450
- Depreciation -€3,411
down €3,411 (-12.4%), from €27,529 to €24,117
- Other operating charges -€1,942
down €1,942 (-64.0%), from €3,036 to €1,094
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €441,906 | €538,493 | +€96,587 | +21.9% |
| Fixed assets | 21/28 | €372,289 | €376,872 | +€4,584 | +1.2% |
| Tangible fixed assets | 22/27 | €372,289 | €376,872 | +€4,584 | +1.2% |
| Land and buildings | 22 | €287,603 | €278,649 | -€8,955 | -3.1% |
| Plant, machinery and equipment | 23 | €2,823 | €3,281 | +€458 | +16.2% |
| Furniture and vehicles | 24 | €11,001 | €29,854 | +€18,853 | +171% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €70,861 | €65,090 | -€5,772 | -8.1% |
| Current assets | 29/58 | €69,617 | €161,621 | +€92,003 | +132% |
| Amounts receivable after more than one year | 29 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 291 | €12,100 | €12,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,347 | €90,167 | +€53,820 | +148% |
| Trade receivables | 40 | €21,267 | €48,675 | +€27,408 | +129% |
| Other amounts receivable | 41 | €15,081 | €41,492 | +€26,412 | +175% |
| Cash at bank and in hand | 54/58 | €16,467 | €57,988 | +€41,520 | +252% |
| Deferred charges and accrued income | 490/1 | €4,703 | €1,366 | -€3,337 | -71.0% |
| Total equity and liabilities | 10/49 | €441,906 | €538,493 | +€96,587 | +21.9% |
| Equity | 10/15 | €71,012 | €129,906 | +€58,895 | +82.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,812 | €123,706 | +€58,895 | +90.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €62,952 | €123,706 | +€60,755 | +96.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €370,894 | €408,587 | +€37,693 | +10.2% |
| Amounts payable within one year | 42/48 | €370,894 | €408,587 | +€37,693 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €3,236 | +€3,236 | |
| Trade debts | 44 | €8,604 | €11,931 | +€3,327 | +38.7% |
| Suppliers | 440/4 | €8,604 | €11,931 | +€3,327 | +38.7% |
| Taxes, remuneration and social security | 45 | €3,599 | €24,663 | +€21,064 | +585% |
| Taxes | 450/3 | €3,599 | €13,045 | +€9,446 | +262% |
| Remuneration and social security | 454/9 | €0 | €11,618 | +€11,618 | |
| Other amounts payable | 47/48 | €358,691 | €368,757 | +€10,065 | +2.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €801 | €42,454 | +€41,653 | +5,198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,529 | €24,117 | -€3,411 | -12.4% |
| Other operating charges | 640/8 | €3,036 | €1,094 | -€1,942 | -64.0% |
| Gross operating margin | 9900 | €43,933 | €117,615 | +€73,682 | +168% |
| Operating profit (loss) | 9901 | €13,369 | €92,403 | +€79,035 | +591% |
| Financial income | 75/76B | €632 | €2,062 | +€1,430 | +226% |
| Recurring financial income | 75 | €632 | €2,062 | +€1,430 | +226% |
| Financial charges | 65/66B | €2,162 | €10,450 | +€8,289 | +383% |
| Recurring financial charges | 65 | €2,162 | €10,450 | +€8,289 | +383% |
| Profit (loss) for the period before taxes | 9903 | €11,838 | €84,014 | +€72,176 | +610% |
| Income taxes | 67/77 | €9,138 | €25,120 | +€15,982 | +175% |
| Profit (loss) for the period | 9904 | €2,701 | €58,895 | +€56,194 | +2,081% |
| Profit (loss) for the period to be appropriated | 9905 | €2,701 | €58,895 | +€56,194 | +2,081% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.