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Red Brix: 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.

What changed

Red Brix

BE 0776.374.736
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,692
2024 · €32,877-€42,569
Equity
-€34,891
2024 · -€25,198-€9,692
Cash
€8,629
2024 · €135+€8,495
Balance sheet total
€63,879
2024 · €1.1m-€1.1m

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€1.1m

    down €1.1m (-100.0%), from €1.1m to €0

Equity and liabilities
  • Short-term financial debts -€690,000

    down €690,000 (-100.0%), from €690,000 to €0

  • Debts after one year -€230,000

    down €230,000 (-100.0%), from €230,000 to €0

  • Other debts -€128,209

    down €128,209 (-68.2%), from €188,009 to €59,800

  • Accrued charges and deferred income -€13,808

    down €13,808 (-26.7%), from €51,765 to €37,957

Income statement
  • Gross operating margin -€95,923

    down €95,923, from €95,580 to -€343

  • Financial charges -€56,486

    down €56,486 (-92.6%), from €60,990 to €4,504

  • Other operating charges +€1,132

    up €1,132 (+66.1%), from €1,714 to €2,846

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €32,877
Gross operating margin -€95,923
Other operating charges -€1,132
Other operating items -€2,000
Financial charges +€56,486
Result 2025 -€9,692

Cash bridge derived

cash 2024 to 2025

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.

From operations +€928,495
Investment €0
Financing -€920,000
Cash 2024 €135
Net result for the year -€9,692
Receivables within one year +€1.1m
Trade debts +€744
Other debts -€128,209
Accrued charges and deferred income -€13,808
Debts after one year -€230,000
Short-term financial debts -€690,000
Cash 2025 €8,629
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,134,844 €63,879 -€1.1m -94.4%
Fixed assets 21/28 €250 €250 = 0.0%
Financial fixed assets 28 €250 €250 = 0.0%
Current assets 29/58 €1,134,594 €63,629 -€1.1m -94.4%
Stocks and contracts in progress 3 €55,000 €55,000 = 0.0%
Stocks 30/36 €55,000 €55,000 = 0.0%
Amounts receivable within one year 40/41 €1,079,459 €0 -€1.1m -100.0%
Trade receivables 40 €1,079,459 €0 -€1.1m -100.0%
Cash at bank and in hand 54/58 €135 €8,629 +€8,495 +6303.0%
Total equity and liabilities 10/49 €1,134,844 €63,879 -€1.1m -94.4%
Equity 10/15 -€25,198 -€34,891 -€9,692 -38.5%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€35,198 -€44,891 -€9,692 -27.5%
Amounts payable 17/49 €1,160,042 €98,770 -€1.1m -91.5%
Amounts payable after more than one year 17 €230,000 €0 -€230,000 -100.0%
Financial debts 170/4 €230,000 €0 -€230,000 -100.0%
Amounts payable within one year 42/48 €878,277 €60,813 -€817,464 -93.1%
Financial debts 43 €690,000 €0 -€690,000 -100.0%
Credit institutions 430/8 €690,000 €0 -€690,000 -100.0%
Trade debts 44 €269 €1,013 +€744 +277.2%
Suppliers 440/4 €269 €1,013 +€744 +277.2%
Other amounts payable 47/48 €188,009 €59,800 -€128,209 -68.2%
Accrued charges and deferred income 492/3 €51,765 €37,957 -€13,808 -26.7%
Other operating charges 640/8 €1,714 €2,846 +€1,132 +66.1%
Non-recurring operating charges 66A - €2,000 +€2,000
Gross operating margin 9900 €95,580 -€343 -€95,923
Operating profit (loss) 9901 €93,866 -€5,189 -€99,055
Financial charges 65/66B €60,990 €4,504 -€56,486 -92.6%
Recurring financial charges 65 €60,990 €4,504 -€56,486 -92.6%
Profit (loss) for the period before taxes 9903 €32,877 -€9,692 -€42,569
Profit (loss) for the period 9904 €32,877 -€9,692 -€42,569
Profit (loss) for the period to be appropriated 9905 €32,877 -€9,692 -€42,569

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 29 September 2026 via checked.be.