TBright: 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.
TBright
Largest movements
- Cash +€61,901
up €61,901 (+126.6%), from €48,911 to €110,811
mainly Net result for the year (+€66,228) and Trade debts (+€1,231)
- Reserves +€66,228
up €66,228 (+194.3%), from €34,093 to €100,321
- Tax, wage and social debts -€5,668
down €5,668 (-39.6%), from €14,330 to €8,662
- Trade debts +€1,231
up €1,231 (+84.4%), from €1,459 to €2,690
- Gross operating margin +€33,620
up €33,620 (+66.9%), from €50,240 to €83,860
- Taxes +€3,992
up €3,992 (+30.0%), from €13,313 to €17,305
- Depreciation -€2,150
no longer reported in 2025 (was €2,150)
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 | €50,882 | €112,695 | +€61,813 | +121.5% |
| Current assets | 29/58 | €50,882 | €112,695 | +€61,813 | +121.5% |
| Amounts receivable within one year | 40/41 | €387 | - | -€387 | |
| Trade receivables | 40 | €387 | - | -€387 | |
| Cash at bank and in hand | 54/58 | €48,911 | €110,811 | +€61,901 | +126.6% |
| Deferred charges and accrued income | 490/1 | €1,583 | €1,884 | +€300 | +18.9% |
| Total equity and liabilities | 10/49 | €50,882 | €112,695 | +€61,813 | +121.5% |
| Equity | 10/15 | €35,093 | €101,321 | +€66,228 | +188.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,093 | €100,321 | +€66,228 | +194.3% |
| Distributable reserves | 133 | €34,093 | €100,321 | +€66,228 | +194.3% |
| Amounts payable | 17/49 | €15,789 | €11,374 | -€4,415 | -28.0% |
| Amounts payable within one year | 42/48 | €15,789 | €11,374 | -€4,415 | -28.0% |
| Trade debts | 44 | €1,459 | €2,690 | +€1,231 | +84.4% |
| Suppliers | 440/4 | €1,459 | €2,690 | +€1,231 | +84.4% |
| Taxes, remuneration and social security | 45 | €14,330 | €8,662 | -€5,668 | -39.6% |
| Taxes | 450/3 | €14,330 | €8,662 | -€5,668 | -39.6% |
| Other amounts payable | 47/48 | - | €22 | +€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,150 | - | -€2,150 | |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €50,240 | €83,860 | +€33,620 | +66.9% |
| Operating profit (loss) | 9901 | €48,090 | €83,794 | +€35,705 | +74.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €684 | €262 | -€422 | -61.7% |
| Recurring financial charges | 65 | €684 | €262 | -€422 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €47,406 | €83,532 | +€36,127 | +76.2% |
| Income taxes | 67/77 | €13,313 | €17,305 | +€3,992 | +30.0% |
| Profit (loss) for the period | 9904 | €34,093 | €66,228 | +€32,135 | +94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,093 | €66,228 | +€32,135 | +94.3% |
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.