BRIXFIN: 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.
BRIXFIN
Largest movements
- Cash +€848,818
up €848,818 (+165.1%), from €514,117 to €1.4m
mainly Other debts (+€1.2m) and Net result for the year (+€1.1m)
- Receivables within one year +€425,290
up €425,290 (+47.4%), from €897,769 to €1.3m
of which Trade receivables: +€404,537
- Other debts +€1.2m
new in 2025: €1.2m
- Trade debts +€253,829
up €253,829 (+85.1%), from €298,236 to €552,065
- Tax, wage and social debts -€188,974
down €188,974 (-90.7%), from €208,389 to €19,415
of which Taxes: -€190,276
- Current portion of long-term debt +€67,326
new in 2025: €67,326
- Reserves -€47,059
down €47,059 (-5.2%), from €896,610 to €849,552
- Gross operating margin +€685,388
up €685,388 (+81.1%), from €845,434 to €1.5m
- Taxes +€170,037
up €170,037 (+81.6%), from €208,389 to €378,426
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 | €1,414,788 | €2,689,412 | +€1.3m | +90.1% |
| Fixed assets | 21/28 | €2,557 | €3,398 | +€841 | +32.9% |
| Intangible fixed assets | 21 | €245 | €0 | -€245 | -100.0% |
| Tangible fixed assets | 22/27 | €2,312 | €1,455 | -€857 | -37.1% |
| Furniture and vehicles | 24 | €2,312 | €1,455 | -€857 | -37.1% |
| Financial fixed assets | 28 | - | €1,943 | +€1,943 | |
| Current assets | 29/58 | €1,412,231 | €2,686,015 | +€1.3m | +90.2% |
| Amounts receivable within one year | 40/41 | €897,769 | €1,323,059 | +€425,290 | +47.4% |
| Trade receivables | 40 | €879,701 | €1,284,238 | +€404,537 | +46.0% |
| Other amounts receivable | 41 | €18,069 | €38,821 | +€20,752 | +114.9% |
| Cash at bank and in hand | 54/58 | €514,117 | €1,362,934 | +€848,818 | +165.1% |
| Deferred charges and accrued income | 490/1 | €345 | €21 | -€324 | -93.9% |
| Total equity and liabilities | 10/49 | €1,414,788 | €2,689,412 | +€1.3m | +90.1% |
| Equity | 10/15 | €906,610 | €859,552 | -€47,059 | -5.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €896,610 | €849,552 | -€47,059 | -5.2% |
| Distributable reserves | 133 | €896,610 | €849,552 | -€47,059 | -5.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €508,178 | €1,829,861 | +€1.3m | +260.1% |
| Amounts payable within one year | 42/48 | €508,178 | €1,829,861 | +€1.3m | +260.1% |
| Current portion of amounts payable after more than one year | 42 | - | €67,326 | +€67,326 | |
| Financial debts | 43 | €1,553 | €1,802 | +€249 | +16.0% |
| Credit institutions | 430/8 | €1,553 | €1,802 | +€249 | +16.0% |
| Trade debts | 44 | €298,236 | €552,065 | +€253,829 | +85.1% |
| Suppliers | 440/4 | €298,236 | €552,065 | +€253,829 | +85.1% |
| Taxes, remuneration and social security | 45 | €208,389 | €19,415 | -€188,974 | -90.7% |
| Taxes | 450/3 | €208,389 | €18,113 | -€190,276 | -91.3% |
| Remuneration and social security | 454/9 | - | €1,302 | +€1,302 | |
| Other amounts payable | 47/48 | - | €1,189,252 | +€1.2m | |
| Remuneration, social security and pensions | 62 | - | €5,348 | +€5,348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,274 | €1,102 | -€1,172 | -51.5% |
| Other operating charges | 640/8 | €3,075 | €531 | -€2,544 | -82.7% |
| Gross operating margin | 9900 | €845,434 | €1,530,822 | +€685,388 | +81.1% |
| Operating profit (loss) | 9901 | €840,085 | €1,523,841 | +€683,756 | +81.4% |
| Financial income | 75/76B | €15 | €0 | -€15 | -100.0% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100.0% |
| Financial charges | 65/66B | €60 | €3,317 | +€3,257 | +5470.9% |
| Recurring financial charges | 65 | €60 | €3,317 | +€3,257 | +5470.9% |
| Profit (loss) for the period before taxes | 9903 | €840,041 | €1,520,524 | +€680,483 | +81.0% |
| Income taxes | 67/77 | €208,389 | €378,426 | +€170,037 | +81.6% |
| Profit (loss) for the period | 9904 | €631,652 | €1,142,099 | +€510,447 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €631,652 | €1,142,099 | +€510,447 | +80.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.