Brizzofi: 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.
Brizzofi
Largest movements
- Tangible fixed assets +€72,534
up €72,534 (+22.0%), from €329,035 to €401,569
of which Assets under construction and advance payments: +€42,707
- Cash -€30,032
down €30,032 (-68.3%), from €43,952 to €13,920
mainly Investment in fixed assets (net) (-€94,817) and Net result for the year (-€33,127)
- Receivables within one year +€5,833
up €5,833 (+141%), from €4,147 to €9,980
of which Other amounts receivable: +€9,980
- Debts after one year +€115,000
up €115,000 (+144%), from €80,000 to €195,000
- Reserves -€25,529
down €25,529 (-11.1%), from €229,561 to €204,032
of which Distributable reserves: -€25,529
- Tax, wage and social debts -€15,613
down €15,613 (-100%), from €15,613 to €0
- Trade debts -€7,977
down €7,977 (-71.6%), from €11,143 to €3,166
- Profit (loss) carried forward -€7,597
new in 2025: -€7,597
- Gross operating margin -€38,699
down €38,699, from €37,215 to -€1,484
- Depreciation +€13,670
up €13,670 (+159%), from €8,613 to €22,283
- Taxes -€6,282
down €6,282 (-100.0%), from €6,282 to €0
- Other operating charges +€469
up €469 (+5.3%), from €8,857 to €9,326
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.
Derived cash bridge
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 | €377,681 | €428,925 | +€51,244 | +13.6% |
| Fixed assets | 21/28 | €329,035 | €401,569 | +€72,534 | +22.0% |
| Tangible fixed assets | 22/27 | €329,035 | €401,569 | +€72,534 | +22.0% |
| Land and buildings | 22 | €329,035 | €358,862 | +€29,827 | +9.1% |
| Assets under construction and advance payments | 27 | - | €42,707 | +€42,707 | |
| Current assets | 29/58 | €48,645 | €27,356 | -€21,290 | -43.8% |
| Amounts receivable within one year | 40/41 | €4,147 | €9,980 | +€5,833 | +141% |
| Trade receivables | 40 | €4,147 | €0 | -€4,147 | -100% |
| Other amounts receivable | 41 | - | €9,980 | +€9,980 | |
| Cash at bank and in hand | 54/58 | €43,952 | €13,920 | -€30,032 | -68.3% |
| Deferred charges and accrued income | 490/1 | €546 | €3,456 | +€2,910 | +533% |
| Total equity and liabilities | 10/49 | €377,681 | €428,925 | +€51,244 | +13.6% |
| Equity | 10/15 | €261,569 | €228,442 | -€33,127 | -12.7% |
| Contributions | 10/11 | €32,008 | €32,008 | = | 0.0% |
| Reserves | 13 | €229,561 | €204,032 | -€25,529 | -11.1% |
| Non-distributable reserves | 130/1 | €3,201 | €3,201 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,201 | €3,201 | = | 0.0% |
| Distributable reserves | 133 | €226,360 | €200,831 | -€25,529 | -11.3% |
| Profit (loss) carried forward | 14 | - | -€7,597 | -€7,597 | |
| Amounts payable | 17/49 | €116,112 | €200,482 | +€84,371 | +72.7% |
| Amounts payable after more than one year | 17 | €80,000 | €195,000 | +€115,000 | +144% |
| Other amounts payable | 178/9 | €80,000 | €195,000 | +€115,000 | +144% |
| Amounts payable within one year | 42/48 | €29,182 | €3,173 | -€26,009 | -89.1% |
| Trade debts | 44 | €11,143 | €3,166 | -€7,977 | -71.6% |
| Suppliers | 440/4 | €11,143 | €3,166 | -€7,977 | -71.6% |
| Taxes, remuneration and social security | 45 | €15,613 | €0 | -€15,613 | -100% |
| Taxes | 450/3 | €15,613 | €0 | -€15,613 | -100% |
| Other amounts payable | 47/48 | €2,426 | €6 | -€2,420 | -99.7% |
| Accrued charges and deferred income | 492/3 | €6,929 | €2,310 | -€4,620 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,613 | €22,283 | +€13,670 | +159% |
| Other operating charges | 640/8 | €8,857 | €9,326 | +€469 | +5.3% |
| Gross operating margin | 9900 | €37,215 | -€1,484 | -€38,699 | |
| Operating profit (loss) | 9901 | €19,744 | -€33,093 | -€52,837 | |
| Financial income | 75/76B | €29 | €0 | -€29 | -100% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100% |
| Financial charges | 65/66B | €31 | €34 | +€3 | +9.7% |
| Recurring financial charges | 65 | €31 | €34 | +€3 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €19,742 | -€33,127 | -€52,869 | |
| Income taxes | 67/77 | €6,282 | €0 | -€6,282 | -100.0% |
| Profit (loss) for the period | 9904 | €13,461 | -€33,127 | -€46,587 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,461 | -€33,127 | -€46,587 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.