BRYS: 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.
BRYS
Largest movements
- Stocks and contracts -€853,467
down €853,467 (-53.6%), from €1.6m to €737,564
- Deferred charges and accrued income -€142,560
down €142,560 (-100.0%), from €142,560 to €0
- Cash +€64,593
up €64,593 (+404.2%), from €15,979 to €80,573
mainly Stocks and contracts (+€853,467) and Deferred charges and accrued income (+€142,560)
- Tangible fixed assets -€33,078
down €33,078 (-80.8%), from €40,926 to €7,848
of which Furniture and vehicles: -€32,102
- Receivables within one year +€24,126
up €24,126 (+4.4%), from €546,595 to €570,721
of which Trade receivables: +€199,065
- Current portion of long-term debt -€539,809
down €539,809 (-61.6%), from €875,840 to €336,031
- Debts after one year -€225,317
down €225,317 (-45.6%), from €493,621 to €268,304
- Trade debts -€130,180
down €130,180 (-70.4%), from €185,010 to €54,830
- Advances received -€112,237
down €112,237 (-100.0%), from €112,237 to €0
- Reserves +€94,675
up €94,675 (+70.8%), from €133,758 to €228,433
- Gross operating margin +€71,486
up €71,486 (+43.0%), from €166,255 to €237,741
- Other operating charges +€32,329
up €32,329 (+1594.2%), from €2,028 to €34,357
- Taxes +€18,338
up €18,338 (+105.7%), from €17,351 to €35,689
- Financial income +€7,751
up €7,751 (+863.9%), from €897 to €8,648
- Financial charges +€5,532
up €5,532 (+9.6%), from €57,873 to €63,405
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 | €2,337,091 | €1,396,706 | -€940,385 | -40.2% |
| Fixed assets | 21/28 | €40,926 | €7,848 | -€33,078 | -80.8% |
| Tangible fixed assets | 22/27 | €40,926 | €7,848 | -€33,078 | -80.8% |
| Plant, machinery and equipment | 23 | €4,761 | €3,784 | -€976 | -20.5% |
| Furniture and vehicles | 24 | €36,165 | €4,064 | -€32,102 | -88.8% |
| Current assets | 29/58 | €2,296,165 | €1,388,858 | -€907,307 | -39.5% |
| Stocks and contracts in progress | 3 | €1,591,031 | €737,564 | -€853,467 | -53.6% |
| Stocks | 30/36 | €1,591,031 | €737,564 | -€853,467 | -53.6% |
| Amounts receivable within one year | 40/41 | €546,595 | €570,721 | +€24,126 | +4.4% |
| Trade receivables | 40 | €107,022 | €306,086 | +€199,065 | +186.0% |
| Other amounts receivable | 41 | €439,574 | €264,635 | -€174,939 | -39.8% |
| Cash at bank and in hand | 54/58 | €15,979 | €80,573 | +€64,593 | +404.2% |
| Deferred charges and accrued income | 490/1 | €142,560 | €0 | -€142,560 | -100.0% |
| Total equity and liabilities | 10/49 | €2,337,091 | €1,396,706 | -€940,385 | -40.2% |
| Equity | 10/15 | €158,758 | €253,433 | +€94,675 | +59.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €133,758 | €228,433 | +€94,675 | +70.8% |
| Distributable reserves | 133 | €133,758 | €228,433 | +€94,675 | +70.8% |
| Amounts payable | 17/49 | €2,178,333 | €1,143,273 | -€1.0m | -47.5% |
| Amounts payable after more than one year | 17 | €493,621 | €268,304 | -€225,317 | -45.6% |
| Financial debts | 170/4 | €493,621 | €268,304 | -€225,317 | -45.6% |
| Amounts payable within one year | 42/48 | €1,684,712 | €874,969 | -€809,743 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €875,840 | €336,031 | -€539,809 | -61.6% |
| Financial debts | 43 | €491,852 | €420,251 | -€71,601 | -14.6% |
| Credit institutions | 430/8 | €491,852 | €420,251 | -€71,601 | -14.6% |
| Trade debts | 44 | €185,010 | €54,830 | -€130,180 | -70.4% |
| Suppliers | 440/4 | €185,010 | €54,830 | -€130,180 | -70.4% |
| Advances received on contracts in progress | 46 | €112,237 | €0 | -€112,237 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,772 | €63,856 | +€44,085 | +223.0% |
| Taxes | 450/3 | €19,772 | €63,856 | +€44,085 | +223.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,020 | €8,460 | -€4,559 | -35.0% |
| Other operating charges | 640/8 | €2,028 | €34,357 | +€32,329 | +1594.2% |
| Non-recurring operating charges | 66A | €19,582 | €9,802 | -€9,780 | -49.9% |
| Gross operating margin | 9900 | €166,255 | €237,741 | +€71,486 | +43.0% |
| Operating profit (loss) | 9901 | €131,625 | €185,121 | +€53,497 | +40.6% |
| Financial income | 75/76B | €897 | €8,648 | +€7,751 | +863.9% |
| Recurring financial income | 75 | €897 | €8,648 | +€7,751 | +863.9% |
| Financial charges | 65/66B | €57,873 | €63,405 | +€5,532 | +9.6% |
| Recurring financial charges | 65 | €57,873 | €63,405 | +€5,532 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €74,649 | €130,364 | +€55,715 | +74.6% |
| Income taxes | 67/77 | €17,351 | €35,689 | +€18,338 | +105.7% |
| Profit (loss) for the period | 9904 | €57,297 | €94,675 | +€37,378 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,297 | €94,675 | +€37,378 | +65.2% |
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 5 October 2026 via checked.be.