BRIX PROJECTS: 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.
BRIX PROJECTS
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+745.4%), from €157,359 to €1.3m
of which Other amounts receivable: +€1.3m
- Stocks and contracts +€261,431
up €261,431 (+37.4%), from €699,744 to €961,176
- Other debts +€950,000
up €950,000 (+246.4%), from €385,555 to €1.3m
- Current portion of long-term debt +€372,809
up €372,809 (+151.2%), from €246,525 to €619,333
- Accrued charges and deferred income +€79,550
new in 2025: €79,550
- Gross operating margin -€52,575
down €52,575 (-18.2%), from €288,277 to €235,701
- Taxes -€13,808
down €13,808 (-20.1%), from €68,727 to €54,919
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 | €878,121 | €2,300,508 | +€1.4m | +162.0% |
| Current assets | 29/58 | €878,121 | €2,300,508 | +€1.4m | +162.0% |
| Stocks and contracts in progress | 3 | €699,744 | €961,176 | +€261,431 | +37.4% |
| Stocks | 30/36 | €699,744 | €961,176 | +€261,431 | +37.4% |
| Amounts receivable within one year | 40/41 | €157,359 | €1,330,251 | +€1.2m | +745.4% |
| Trade receivables | 40 | €86,818 | €0 | -€86,818 | -100.0% |
| Other amounts receivable | 41 | €70,541 | €1,330,251 | +€1.3m | +1785.8% |
| Cash at bank and in hand | 54/58 | €21,018 | €9,082 | -€11,936 | -56.8% |
| Total equity and liabilities | 10/49 | €878,121 | €2,300,508 | +€1.4m | +162.0% |
| Equity | 10/15 | €240,831 | €260,479 | +€19,649 | +8.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €40,831 | €60,479 | +€19,649 | +48.1% |
| Distributable reserves | 133 | €40,831 | €60,479 | +€19,649 | +48.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €637,291 | €2,040,029 | +€1.4m | +220.1% |
| Amounts payable within one year | 42/48 | €637,291 | €1,960,479 | +€1.3m | +207.6% |
| Current portion of amounts payable after more than one year | 42 | €246,525 | €619,333 | +€372,809 | +151.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,212 | €5,591 | +€379 | +7.3% |
| Suppliers | 440/4 | €5,212 | €5,591 | +€379 | +7.3% |
| Other amounts payable | 47/48 | €385,555 | €1,335,555 | +€950,000 | +246.4% |
| Accrued charges and deferred income | 492/3 | - | €79,550 | +€79,550 | |
| Other operating charges | 640/8 | €555 | €1,223 | +€667 | +120.2% |
| Gross operating margin | 9900 | €288,277 | €235,701 | -€52,575 | -18.2% |
| Operating profit (loss) | 9901 | €287,721 | €234,478 | -€53,243 | -18.5% |
| Financial income | 75/76B | €181 | €244 | +€63 | +34.7% |
| Recurring financial income | 75 | €181 | €244 | +€63 | +34.7% |
| Financial charges | 65/66B | €13,253 | €15,155 | +€1,902 | +14.4% |
| Recurring financial charges | 65 | €13,253 | €15,155 | +€1,902 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €274,649 | €219,567 | -€55,082 | -20.1% |
| Income taxes | 67/77 | €68,727 | €54,919 | -€13,808 | -20.1% |
| Profit (loss) for the period | 9904 | €205,923 | €164,649 | -€41,274 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €205,923 | €164,649 | -€41,274 | -20.0% |
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 10 October 2026 via checked.be.