BRYGHIA: 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.
BRYGHIA
Largest movements
- Cash -€131,110
down €131,110 (-92.8%), from €141,316 to €10,206
mainly Investment in fixed assets (net) (-€53,500) and Debts after one year (-€52,321)
- Tangible fixed assets +€36,730
up €36,730 (+60.4%), from €60,797 to €97,526
of which Other tangible fixed assets: +€38,073
- Deferred charges and accrued income +€12,073
up €12,073 (+76.4%), from €15,801 to €27,874
- Intangible fixed assets -€9,259
down €9,259 (-12.0%), from €77,154 to €67,896
- Debts after one year -€52,321
down €52,321 (-41.9%), from €124,803 to €72,481
of which Financial debts: -€38,140
- Current portion of long-term debt -€40,566
down €40,566 (-43.2%), from €93,888 to €53,321
- Accrued charges and deferred income -€8,610
down €8,610 (-38.4%), from €22,404 to €13,794
- Profit (loss) carried forward +€5,670
up €5,670 (+21.6%), from €26,305 to €31,974
- Tax, wage and social debts -€3,753
down €3,753 (-53.7%), from €6,989 to €3,236
of which Remuneration and social security: -€4,905
- Gross operating margin -€61,421
down €61,421 (-41.5%), from €148,047 to €86,626
- Staff costs -€14,135
down €14,135 (-33.1%), from €42,686 to €28,551
- Other operating charges -€3,185
down €3,185 (-11.5%), from €27,782 to €24,597
- Depreciation +€2,163
up €2,163 (+9.1%), from €23,866 to €26,029
- Financial charges -€1,700
down €1,700 (-46.4%), from €3,665 to €1,965
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 | €312,443 | €217,628 | -€94,814 | -30.3% |
| Fixed assets | 21/28 | €144,982 | €172,453 | +€27,471 | +18.9% |
| Intangible fixed assets | 21 | €77,154 | €67,896 | -€9,259 | -12.0% |
| Tangible fixed assets | 22/27 | €60,797 | €97,526 | +€36,730 | +60.4% |
| Plant, machinery and equipment | 23 | €3,555 | €2,489 | -€1,066 | -30.0% |
| Furniture and vehicles | 24 | €433 | €155 | -€278 | -64.2% |
| Other tangible fixed assets | 26 | €56,809 | €94,883 | +€38,073 | +67.0% |
| Financial fixed assets | 28 | €7,031 | €7,031 | = | 0.0% |
| Current assets | 29/58 | €167,461 | €45,175 | -€122,286 | -73.0% |
| Stocks and contracts in progress | 3 | €470 | €89 | -€381 | -81.1% |
| Stocks | 30/36 | €470 | €89 | -€381 | -81.1% |
| Amounts receivable within one year | 40/41 | €9,874 | €7,007 | -€2,867 | -29.0% |
| Trade receivables | 40 | €7,260 | €6,850 | -€410 | -5.7% |
| Other amounts receivable | 41 | €2,614 | €157 | -€2,457 | -94.0% |
| Cash at bank and in hand | 54/58 | €141,316 | €10,206 | -€131,110 | -92.8% |
| Deferred charges and accrued income | 490/1 | €15,801 | €27,874 | +€12,073 | +76.4% |
| Total equity and liabilities | 10/49 | €312,443 | €217,628 | -€94,814 | -30.3% |
| Equity | 10/15 | €48,261 | €53,931 | +€5,670 | +11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,956 | €1,956 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,956 | €1,956 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,305 | €31,974 | +€5,670 | +21.6% |
| Amounts payable | 17/49 | €264,182 | €163,698 | -€100,484 | -38.0% |
| Amounts payable after more than one year | 17 | €124,803 | €72,481 | -€52,321 | -41.9% |
| Financial debts | 170/4 | €38,140 | - | -€38,140 | |
| Other amounts payable | 178/9 | €86,663 | €72,481 | -€14,181 | -16.4% |
| Amounts payable within one year | 42/48 | €116,975 | €77,422 | -€39,553 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €93,888 | €53,321 | -€40,566 | -43.2% |
| Trade debts | 44 | €2,152 | €4,649 | +€2,496 | +116% |
| Suppliers | 440/4 | €2,152 | €4,649 | +€2,496 | +116% |
| Taxes, remuneration and social security | 45 | €6,989 | €3,236 | -€3,753 | -53.7% |
| Taxes | 450/3 | - | €1,152 | +€1,152 | |
| Remuneration and social security | 454/9 | €6,989 | €2,084 | -€4,905 | -70.2% |
| Other amounts payable | 47/48 | €13,947 | €16,217 | +€2,270 | +16.3% |
| Accrued charges and deferred income | 492/3 | €22,404 | €13,794 | -€8,610 | -38.4% |
| Remuneration, social security and pensions | 62 | €42,686 | €28,551 | -€14,135 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,866 | €26,029 | +€2,163 | +9.1% |
| Other operating charges | 640/8 | €27,782 | €24,597 | -€3,185 | -11.5% |
| Gross operating margin | 9900 | €148,047 | €86,626 | -€61,421 | -41.5% |
| Operating profit (loss) | 9901 | €53,713 | €7,450 | -€46,263 | -86.1% |
| Financial income | 75/76B | €482 | €185 | -€297 | -61.7% |
| Recurring financial income | 75 | €482 | €185 | -€297 | -61.7% |
| Financial charges | 65/66B | €3,665 | €1,965 | -€1,700 | -46.4% |
| Recurring financial charges | 65 | €3,665 | €1,965 | -€1,700 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €50,530 | €5,670 | -€44,860 | -88.8% |
| Profit (loss) for the period | 9904 | €50,530 | €5,670 | -€44,860 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,530 | €5,670 | -€44,860 | -88.8% |
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 25 October 2026 via checked.be.