DR. BRIFFOZ GUY: 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.
DR. BRIFFOZ GUY
Largest movements
- Receivables within one year +€198,274
up €198,274 (+328.0%), from €60,447 to €258,721
- Cash -€160,476
down €160,476 (-87.6%), from €183,158 to €22,682
mainly Receivables within one year (-€198,274) and Contributions, distributions and other (-€37,261)
- Deferred charges and accrued income +€7,705
up €7,705 (+111.0%), from €6,939 to €14,644
- Tangible fixed assets +€4,627
up €4,627 (+17.6%), from €26,263 to €30,889
of which Furniture and vehicles: +€13,995
- Reserves +€36,843
up €36,843 (+14.0%), from €263,152 to €299,996
- Tax, wage and social debts +€13,064
up €13,064 (+209.9%), from €6,225 to €19,288
- Gross operating margin +€13,098
up €13,098 (+12.7%), from €103,245 to €116,342
- Financial income +€8,819
up €8,819 (+269.4%), from €3,273 to €12,092
- Taxes +€6,175
up €6,175 (+20.9%), from €29,479 to €35,654
- Depreciation +€3,703
up €3,703 (+32.3%), from €11,478 to €15,181
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 | €276,868 | €326,998 | +€50,130 | +18.1% |
| Fixed assets | 21/28 | €26,325 | €30,951 | +€4,627 | +17.6% |
| Tangible fixed assets | 22/27 | €26,263 | €30,889 | +€4,627 | +17.6% |
| Land and buildings | 22 | €23,800 | €15,814 | -€7,986 | -33.6% |
| Plant, machinery and equipment | 23 | €2,463 | €1,080 | -€1,383 | -56.1% |
| Furniture and vehicles | 24 | €0 | €13,995 | +€13,995 | |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €250,544 | €296,047 | +€45,503 | +18.2% |
| Amounts receivable within one year | 40/41 | €60,447 | €258,721 | +€198,274 | +328.0% |
| Other amounts receivable | 41 | €60,447 | €258,721 | +€198,274 | +328.0% |
| Cash at bank and in hand | 54/58 | €183,158 | €22,682 | -€160,476 | -87.6% |
| Deferred charges and accrued income | 490/1 | €6,939 | €14,644 | +€7,705 | +111.0% |
| Total equity and liabilities | 10/49 | €276,868 | €326,998 | +€50,130 | +18.1% |
| Equity | 10/15 | €263,152 | €299,996 | +€36,843 | +14.0% |
| Reserves | 13 | €263,152 | €299,996 | +€36,843 | +14.0% |
| Distributable reserves | 133 | €263,152 | €299,996 | +€36,843 | +14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,716 | €27,002 | +€13,286 | +96.9% |
| Amounts payable within one year | 42/48 | €13,002 | €26,288 | +€13,286 | +102.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,777 | €7,000 | +€223 | +3.3% |
| Suppliers | 440/4 | €6,777 | €7,000 | +€223 | +3.3% |
| Taxes, remuneration and social security | 45 | €6,225 | €19,288 | +€13,064 | +209.9% |
| Taxes | 450/3 | €6,225 | €19,288 | +€13,064 | +209.9% |
| Accrued charges and deferred income | 492/3 | €714 | €714 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,478 | €15,181 | +€3,703 | +32.3% |
| Other operating charges | 640/8 | €3,008 | €3,250 | +€242 | +8.0% |
| Gross operating margin | 9900 | €103,245 | €116,342 | +€13,098 | +12.7% |
| Operating profit (loss) | 9901 | €88,759 | €97,912 | +€9,152 | +10.3% |
| Financial income | 75/76B | €3,273 | €12,092 | +€8,819 | +269.4% |
| Recurring financial income | 75 | €3,273 | €12,092 | +€8,819 | +269.4% |
| Financial charges | 65/66B | €306 | €246 | -€60 | -19.6% |
| Recurring financial charges | 65 | €306 | €246 | -€60 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €91,727 | €109,758 | +€18,031 | +19.7% |
| Income taxes | 67/77 | €29,479 | €35,654 | +€6,175 | +20.9% |
| Profit (loss) for the period | 9904 | €62,247 | €74,104 | +€11,856 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,247 | €74,104 | +€11,856 | +19.0% |
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 4 October 2026 via checked.be.