de BRY: 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.
de BRY
Largest movements
- Receivables within one year +€182,598
up €182,598 (+57.7%), from €316,622 to €499,220
of which Trade receivables: +€173,883
- Cash +€113,529
up €113,529 (+21.3%), from €532,444 to €645,974
mainly Net result for the year (+€182,969) and Trade debts (+€169,886)
- Tangible fixed assets +€64,074
up €64,074 (+10.1%), from €637,291 to €701,365
of which Leasing and similar rights: +€56,161
- Trade debts +€169,886
up €169,886 (+30.8%), from €551,152 to €721,038
- Profit (loss) carried forward +€132,969
up €132,969 (+17.4%), from €764,059 to €897,027
- Tax, wage and social debts +€86,582
up €86,582 (+148.6%), from €58,272 to €144,854
of which Taxes: +€65,096
- Reserves +€50,000
up €50,000 (+10.1%), from €494,900 to €544,900
of which Distributable reserves: +€50,000
- Other operating charges +€20,892
up €20,892 (+116.6%), from €17,913 to €38,804
- Financial income +€18,876
up €18,876 (+58.1%), from €32,502 to €51,378
- Gross operating margin -€10,114
down €10,114 (-1.1%), from €916,756 to €906,642
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 | €2,651,079 | €3,034,824 | +€383,745 | +14.5% |
| Fixed assets | 21/28 | €641,420 | €705,494 | +€64,074 | +10.0% |
| Tangible fixed assets | 22/27 | €637,291 | €701,365 | +€64,074 | +10.1% |
| Land and buildings | 22 | €469,706 | €483,170 | +€13,465 | +2.9% |
| Plant, machinery and equipment | 23 | €64,180 | €91,097 | +€26,916 | +41.9% |
| Furniture and vehicles | 24 | €103,405 | €70,937 | -€32,468 | -31.4% |
| Leasing and similar rights | 25 | - | €56,161 | +€56,161 | |
| Financial fixed assets | 28 | €4,129 | €4,129 | = | 0.0% |
| Current assets | 29/58 | €2,009,659 | €2,329,330 | +€319,671 | +15.9% |
| Stocks and contracts in progress | 3 | €1,160,592 | €1,176,549 | +€15,957 | +1.4% |
| Stocks | 30/36 | €1,160,592 | €1,176,549 | +€15,957 | +1.4% |
| Amounts receivable within one year | 40/41 | €316,622 | €499,220 | +€182,598 | +57.7% |
| Trade receivables | 40 | €265,606 | €439,489 | +€173,883 | +65.5% |
| Other amounts receivable | 41 | €51,016 | €59,731 | +€8,715 | +17.1% |
| Cash at bank and in hand | 54/58 | €532,444 | €645,974 | +€113,529 | +21.3% |
| Deferred charges and accrued income | 490/1 | - | €7,587 | +€7,587 | |
| Total equity and liabilities | 10/49 | €2,651,079 | €3,034,824 | +€383,745 | +14.5% |
| Equity | 10/15 | €1,486,465 | €1,663,777 | +€177,312 | +11.9% |
| Contributions | 10/11 | €198,947 | €198,947 | = | 0.0% |
| Capital | 10 | €198,947 | €198,947 | = | 0.0% |
| Issued capital | 100 | €198,947 | €198,947 | = | 0.0% |
| Reserves | 13 | €494,900 | €544,900 | +€50,000 | +10.1% |
| Non-distributable reserves | 130/1 | €19,900 | €19,900 | = | 0.0% |
| Legal reserve | 130 | €19,900 | €19,900 | = | 0.0% |
| Distributable reserves | 133 | €475,000 | €525,000 | +€50,000 | +10.5% |
| Profit (loss) carried forward | 14 | €764,059 | €897,027 | +€132,969 | +17.4% |
| Investment grants | 15 | €28,560 | €22,903 | -€5,656 | -19.8% |
| Provisions and deferred taxes | 16 | €2,420 | €1,876 | -€544 | -22.5% |
| Deferred taxes | 168 | €2,420 | €1,876 | -€544 | -22.5% |
| Amounts payable | 17/49 | €1,162,194 | €1,369,171 | +€206,977 | +17.8% |
| Amounts payable after more than one year | 17 | €361,634 | €340,200 | -€21,435 | -5.9% |
| Financial debts | 170/4 | €361,634 | €340,200 | -€21,435 | -5.9% |
| Amounts payable within one year | 42/48 | €800,559 | €1,028,971 | +€228,411 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €84,166 | €77,627 | -€6,539 | -7.8% |
| Trade debts | 44 | €551,152 | €721,038 | +€169,886 | +30.8% |
| Suppliers | 440/4 | €551,152 | €721,038 | +€169,886 | +30.8% |
| Taxes, remuneration and social security | 45 | €58,272 | €144,854 | +€86,582 | +148.6% |
| Taxes | 450/3 | - | €65,096 | +€65,096 | |
| Remuneration and social security | 454/9 | €58,272 | €79,758 | +€21,486 | +36.9% |
| Other amounts payable | 47/48 | €106,970 | €85,452 | -€21,518 | -20.1% |
| Remuneration, social security and pensions | 62 | €509,216 | €507,360 | -€1,856 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,997 | €132,015 | +€4,019 | +3.1% |
| Other operating charges | 640/8 | €17,913 | €38,804 | +€20,892 | +116.6% |
| Gross operating margin | 9900 | €916,756 | €906,642 | -€10,114 | -1.1% |
| Operating profit (loss) | 9901 | €261,630 | €228,462 | -€33,168 | -12.7% |
| Financial income | 75/76B | €32,502 | €51,378 | +€18,876 | +58.1% |
| Recurring financial income | 75 | €32,502 | €51,378 | +€18,876 | +58.1% |
| Financial charges | 65/66B | €27,696 | €27,479 | -€217 | -0.8% |
| Recurring financial charges | 65 | €27,696 | €27,479 | -€217 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €266,436 | €252,361 | -€14,075 | -5.3% |
| Transfer from deferred taxes | 780 | €543 | €544 | +€0 | +0.1% |
| Income taxes | 67/77 | €76,326 | €69,937 | -€6,390 | -8.4% |
| Profit (loss) for the period | 9904 | €190,653 | €182,969 | -€7,684 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €190,653 | €182,969 | -€7,684 | -4.0% |
Source: filed annual accounts (NBB), fiscal years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.