BRIZON: 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.
BRIZON
Largest movements
- Tangible fixed assets -€32,292
down €32,292 (-35.4%), from €91,173 to €58,881
of which Furniture and vehicles: -€26,298
- Cash -€8,900
down €8,900 (-99.7%), from €8,931 to €31
mainly Trade debts (-€51,149) and Net result for the year (-€19,119)
- Deferred charges and accrued income -€8,274
down €8,274 (-47.8%), from €17,318 to €9,044
- Trade debts -€51,149
down €51,149 (-75.6%), from €67,693 to €16,544
- Short-term financial debts +€20,000
up €20,000 (+50.0%), from €40,000 to €60,000
- Profit (loss) carried forward -€19,119
down €19,119 (-168.3%), from -€11,357 to -€30,476
- Other debts +€13,370
up €13,370 (+5.0%), from €269,228 to €282,598
- Debts after one year -€8,154
down €8,154 (-25.8%), from €31,648 to €23,494
- Depreciation +€4,582
up €4,582 (+16.4%), from €27,996 to €32,578
- Gross operating margin -€3,801
down €3,801 (-15.4%), from €24,674 to €20,873
- Financial charges +€1,199
up €1,199 (+27.1%), from €4,419 to €5,618
- Other operating charges -€479
down €479 (-22.9%), from €2,086 to €1,607
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 | €452,601 | €405,235 | -€47,366 | -10.5% |
| Fixed assets | 21/28 | €92,720 | €60,142 | -€32,578 | -35.1% |
| Intangible fixed assets | 21 | €1,311 | €1,025 | -€286 | -21.8% |
| Tangible fixed assets | 22/27 | €91,173 | €58,881 | -€32,292 | -35.4% |
| Land and buildings | 22 | €27,622 | €22,554 | -€5,068 | -18.3% |
| Plant, machinery and equipment | 23 | €2,036 | €1,110 | -€927 | -45.5% |
| Furniture and vehicles | 24 | €61,515 | €35,217 | -€26,298 | -42.8% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €359,881 | €345,092 | -€14,789 | -4.1% |
| Stocks and contracts in progress | 3 | €94,903 | €95,929 | +€1,026 | +1.1% |
| Stocks | 30/36 | €94,903 | €95,929 | +€1,026 | +1.1% |
| Amounts receivable within one year | 40/41 | €238,729 | €240,089 | +€1,360 | +0.6% |
| Trade receivables | 40 | €66,790 | €79,739 | +€12,949 | +19.4% |
| Other amounts receivable | 41 | €171,939 | €160,350 | -€11,589 | -6.7% |
| Cash at bank and in hand | 54/58 | €8,931 | €31 | -€8,900 | -99.7% |
| Deferred charges and accrued income | 490/1 | €17,318 | €9,044 | -€8,274 | -47.8% |
| Total equity and liabilities | 10/49 | €452,601 | €405,235 | -€47,366 | -10.5% |
| Equity | 10/15 | €33,364 | €14,245 | -€19,119 | -57.3% |
| Contributions | 10/11 | €21,221 | €21,221 | = | 0.0% |
| Reserves | 13 | €23,500 | €23,500 | = | 0.0% |
| Distributable reserves | 133 | €23,500 | €23,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,357 | -€30,476 | -€19,119 | -168.3% |
| Amounts payable | 17/49 | €419,237 | €390,989 | -€28,247 | -6.7% |
| Amounts payable after more than one year | 17 | €31,648 | €23,494 | -€8,154 | -25.8% |
| Financial debts | 170/4 | €31,648 | €23,494 | -€8,154 | -25.8% |
| Amounts payable within one year | 42/48 | €387,589 | €367,495 | -€20,094 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €7,818 | €8,154 | +€335 | +4.3% |
| Financial debts | 43 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Credit institutions | 430/8 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Trade debts | 44 | €67,693 | €16,544 | -€51,149 | -75.6% |
| Suppliers | 440/4 | €67,693 | €16,544 | -€51,149 | -75.6% |
| Taxes, remuneration and social security | 45 | €2,850 | €200 | -€2,650 | -93.0% |
| Taxes | 450/3 | €2,850 | €200 | -€2,650 | -93.0% |
| Other amounts payable | 47/48 | €269,228 | €282,598 | +€13,370 | +5.0% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,996 | €32,578 | +€4,582 | +16.4% |
| Other operating charges | 640/8 | €2,086 | €1,607 | -€479 | -22.9% |
| Gross operating margin | 9900 | €24,674 | €20,873 | -€3,801 | -15.4% |
| Operating profit (loss) | 9901 | -€5,407 | -€13,312 | -€7,904 | -146.2% |
| Financial income | 75/76B | €71 | €8 | -€64 | -89.4% |
| Recurring financial income | 75 | €71 | €8 | -€64 | -89.4% |
| Financial charges | 65/66B | €4,419 | €5,618 | +€1,199 | +27.1% |
| Recurring financial charges | 65 | €4,419 | €5,618 | +€1,199 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,755 | -€18,923 | -€9,167 | -94.0% |
| Income taxes | 67/77 | €414 | €196 | -€218 | -52.6% |
| Profit (loss) for the period | 9904 | -€10,170 | -€19,119 | -€8,949 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,170 | -€19,119 | -€8,949 | -88.0% |
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 8 October 2026 via checked.be.