BRIZA: 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.
BRIZA
Largest movements
- Tangible fixed assets -€12,734
down €12,734 (-25.7%), from €49,492 to €36,758
of which Furniture and vehicles: -€11,507
- Receivables within one year +€4,724
up €4,724 (+32.7%), from €14,441 to €19,165
of which Other amounts receivable: +€2,877
- Cash -€4,479
down €4,479 (-8.4%), from €53,116 to €48,637
mainly Net result for the year (-€11,431) and Receivables within one year (-€4,724)
- Profit (loss) carried forward -€11,431
down €11,431 (-27.6%), from €41,407 to €29,976
- Other debts -€2,919
no longer reported in 2025 (was €2,919)
- Tax, wage and social debts +€1,409
up €1,409 (+135.8%), from €1,038 to €2,447
- Gross operating margin -€2,031
down €2,031 (-40.8%), from €4,974 to €2,942
- Depreciation +€1,156
up €1,156 (+10.0%), from €11,577 to €12,734
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 | €117,365 | €104,883 | -€12,482 | -10.6% |
| Fixed assets | 21/28 | €49,492 | €36,758 | -€12,734 | -25.7% |
| Tangible fixed assets | 22/27 | €49,492 | €36,758 | -€12,734 | -25.7% |
| Plant, machinery and equipment | 23 | €1,227 | - | -€1,227 | |
| Furniture and vehicles | 24 | €48,265 | €36,758 | -€11,507 | -23.8% |
| Current assets | 29/58 | €67,873 | €68,125 | +€252 | +0.4% |
| Amounts receivable within one year | 40/41 | €14,441 | €19,165 | +€4,724 | +32.7% |
| Trade receivables | 40 | €14,436 | €16,283 | +€1,847 | +12.8% |
| Other amounts receivable | 41 | €5 | €2,882 | +€2,877 | +57304.8% |
| Cash at bank and in hand | 54/58 | €53,116 | €48,637 | -€4,479 | -8.4% |
| Deferred charges and accrued income | 490/1 | €316 | €322 | +€6 | +1.9% |
| Total equity and liabilities | 10/49 | €117,365 | €104,883 | -€12,482 | -10.6% |
| Equity | 10/15 | €61,867 | €50,436 | -€11,431 | -18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,407 | €29,976 | -€11,431 | -27.6% |
| Amounts payable | 17/49 | €55,498 | €54,447 | -€1,051 | -1.9% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,998 | €2,447 | -€1,551 | -38.8% |
| Trade debts | 44 | €41 | - | -€41 | |
| Suppliers | 440/4 | €41 | - | -€41 | |
| Taxes, remuneration and social security | 45 | €1,038 | €2,447 | +€1,409 | +135.8% |
| Taxes | 450/3 | €1,038 | €2,447 | +€1,409 | +135.8% |
| Other amounts payable | 47/48 | €2,919 | - | -€2,919 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,000 | +€500 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,577 | €12,734 | +€1,156 | +10.0% |
| Other operating charges | 640/8 | €909 | €937 | +€28 | +3.1% |
| Gross operating margin | 9900 | €4,974 | €2,942 | -€2,031 | -40.8% |
| Operating profit (loss) | 9901 | -€7,513 | -€10,729 | -€3,216 | -42.8% |
| Financial charges | 65/66B | €500 | €500 | -€0 | 0.0% |
| Recurring financial charges | 65 | €500 | €500 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,013 | -€11,229 | -€3,216 | -40.1% |
| Income taxes | 67/77 | €209 | €203 | -€7 | -3.2% |
| Profit (loss) for the period | 9904 | -€8,223 | -€11,431 | -€3,209 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,223 | -€11,431 | -€3,209 | -39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.