FOR BRIGHT IDEAS: 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.
FOR BRIGHT IDEAS
Largest movements
- Receivables within one year -€815,157
down €815,157 (-67.6%), from €1.2m to €391,371
of which Trade receivables: -€502,930
- Cash +€215,285
up €215,285 (+549%), from €39,193 to €254,477
mainly Receivables within one year (+€815,157) and Stocks and contracts (+€131,281)
- Stocks and contracts -€131,281
down €131,281 (-6.3%), from €2.1m to €2.0m
- Advances received -€425,014
no longer reported in 2025 (was €425,014)
- Other debts -€339,491
down €339,491 (-41.2%), from €823,088 to €483,597
- Debts after one year -€162,463
down €162,463 (-14.3%), from €1.1m to €977,604
- Profit (loss) carried forward +€104,386
up €104,386 (+91.8%), from -€113,651 to -€9,266
- Tax, wage and social debts +€54,806
up €54,806 (+230%), from €23,807 to €78,613
- Gross operating margin +€337,549
up €337,549, from -€55,603 to €281,945
- Other operating charges -€8,335
down €8,335 (-41.2%), from €20,243 to €11,908
- Financial income -€5,359
down €5,359 (-31.5%), from €17,017 to €11,658
of which Non-recurring financial income: -€13,145
- Depreciation +€4,983
up €4,983 (+41.7%), from €11,954 to €16,937
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 | €3,531,845 | €2,785,294 | -€746,552 | -21.1% |
| Fixed assets | 21/28 | €62,014 | €49,597 | -€12,416 | -20.0% |
| Tangible fixed assets | 22/27 | €61,048 | €48,972 | -€12,076 | -19.8% |
| Plant, machinery and equipment | 23 | - | €2,675 | +€2,675 | |
| Furniture and vehicles | 24 | €10,652 | €7,097 | -€3,555 | -33.4% |
| Leasing and similar rights | 25 | €50,396 | €39,200 | -€11,196 | -22.2% |
| Financial fixed assets | 28 | €966 | €625 | -€341 | -35.3% |
| Current assets | 29/58 | €3,469,832 | €2,735,696 | -€734,135 | -21.2% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,089,123 | €1,957,842 | -€131,281 | -6.3% |
| Stocks | 30/36 | €2,089,123 | €1,957,842 | -€131,281 | -6.3% |
| Amounts receivable within one year | 40/41 | €1,206,528 | €391,371 | -€815,157 | -67.6% |
| Trade receivables | 40 | €852,460 | €349,530 | -€502,930 | -59.0% |
| Other amounts receivable | 41 | €354,068 | €41,841 | -€312,228 | -88.2% |
| Cash at bank and in hand | 54/58 | €39,193 | €254,477 | +€215,285 | +549% |
| Deferred charges and accrued income | 490/1 | €4,988 | €2,006 | -€2,981 | -59.8% |
| Total equity and liabilities | 10/49 | €3,531,845 | €2,785,294 | -€746,552 | -21.1% |
| Equity | 10/15 | €43,359 | €147,744 | +€104,386 | +241% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €150,760 | €150,760 | = | 0.0% |
| Distributable reserves | 133 | €150,760 | €150,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,651 | -€9,266 | +€104,386 | +91.8% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,478,487 | €2,627,549 | -€850,937 | -24.5% |
| Amounts payable after more than one year | 17 | €1,140,067 | €977,604 | -€162,463 | -14.3% |
| Financial debts | 170/4 | €1,140,067 | €977,604 | -€162,463 | -14.3% |
| Amounts payable within one year | 42/48 | €2,338,419 | €1,630,956 | -€707,463 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €10,956 | €11,502 | +€546 | +5.0% |
| Financial debts | 43 | €814,078 | €798,763 | -€15,315 | -1.9% |
| Credit institutions | 430/8 | €814,078 | €798,763 | -€15,315 | -1.9% |
| Trade debts | 44 | €241,477 | €258,481 | +€17,004 | +7.0% |
| Suppliers | 440/4 | €241,477 | €258,481 | +€17,004 | +7.0% |
| Advances received on contracts in progress | 46 | €425,014 | - | -€425,014 | |
| Taxes, remuneration and social security | 45 | €23,807 | €78,613 | +€54,806 | +230% |
| Taxes | 450/3 | €23,807 | €78,613 | +€54,806 | +230% |
| Other amounts payable | 47/48 | €823,088 | €483,597 | -€339,491 | -41.2% |
| Accrued charges and deferred income | 492/3 | - | €18,989 | +€18,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,954 | €16,937 | +€4,983 | +41.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €928 | €1,140 | +€212 | +22.8% |
| Other operating charges | 640/8 | €20,243 | €11,908 | -€8,335 | -41.2% |
| Gross operating margin | 9900 | -€55,603 | €281,945 | +€337,549 | |
| Operating profit (loss) | 9901 | -€88,728 | €251,960 | +€340,689 | |
| Financial income | 75/76B | €17,017 | €11,658 | -€5,359 | -31.5% |
| Recurring financial income | 75 | €3,871 | €11,658 | +€7,787 | +201% |
| Non-recurring financial income | 76B | €13,145 | - | -€13,145 | |
| Financial charges | 65/66B | €158,164 | €159,037 | +€872 | +0.6% |
| Recurring financial charges | 65 | €158,164 | €159,037 | +€872 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€229,876 | €104,582 | +€334,458 | |
| Income taxes | 67/77 | €170 | €196 | +€26 | +15.3% |
| Profit (loss) for the period | 9904 | -€230,046 | €104,386 | +€334,431 | |
| Profit (loss) for the period to be appropriated | 9905 | -€230,046 | €104,386 | +€334,431 |
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 13 October 2026 via checked.be.