BRIGHTWAVE: 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.
BRIGHTWAVE
Largest movements
- Receivables within one year -€4,154
down €4,154 (-22.3%), from €18,615 to €14,461
of which Other amounts receivable: -€2,324
- Profit (loss) carried forward -€1,978
down €1,978 (-41.0%), from €4,825 to €2,847
- Trade debts -€1,754
down €1,754 (-96.5%), from €1,818 to €64
- Advances received -€505
no longer reported in 2025 (was €505)
- Gross operating margin -€17,226
down €17,226, from €15,555 to -€1,671
- Taxes -€1,277
no longer reported in 2025 (was €1,277)
- Financial income -€836
down €836 (-98.7%), from €847 to €11
- Other operating charges -€444
down €444 (-98.8%), from €449 to €6
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 | €27,167 | €22,961 | -€4,206 | -15.5% |
| Current assets | 29/58 | €27,167 | €22,961 | -€4,206 | -15.5% |
| Amounts receivable after more than one year | 29 | €8,500 | €8,500 | = | 0.0% |
| Other amounts receivable | 291 | €8,500 | €8,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,615 | €14,461 | -€4,154 | -22.3% |
| Trade receivables | 40 | €1,830 | - | -€1,830 | |
| Other amounts receivable | 41 | €16,785 | €14,461 | -€2,324 | -13.8% |
| Cash at bank and in hand | 54/58 | €52 | €0 | -€52 | -100% |
| Total equity and liabilities | 10/49 | €27,167 | €22,961 | -€4,206 | -15.5% |
| Equity | 10/15 | €23,425 | €21,447 | -€1,978 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,825 | €2,847 | -€1,978 | -41.0% |
| Amounts payable | 17/49 | €3,743 | €1,514 | -€2,229 | -59.5% |
| Amounts payable within one year | 42/48 | €3,600 | €1,514 | -€2,086 | -57.9% |
| Financial debts | 43 | - | €173 | +€173 | |
| Credit institutions | 430/8 | - | €173 | +€173 | |
| Trade debts | 44 | €1,818 | €64 | -€1,754 | -96.5% |
| Suppliers | 440/4 | €1,818 | €64 | -€1,754 | -96.5% |
| Advances received on contracts in progress | 46 | €505 | - | -€505 | |
| Taxes, remuneration and social security | 45 | €1,277 | €1,277 | = | 0.0% |
| Taxes | 450/3 | €1,277 | €1,277 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €143 | - | -€143 | |
| Other operating charges | 640/8 | €449 | €6 | -€444 | -98.8% |
| Gross operating margin | 9900 | €15,555 | -€1,671 | -€17,226 | |
| Operating profit (loss) | 9901 | €15,106 | -€1,676 | -€16,782 | |
| Financial income | 75/76B | €847 | €11 | -€836 | -98.7% |
| Recurring financial income | 75 | €847 | €11 | -€836 | -98.7% |
| Financial charges | 65/66B | €337 | €313 | -€24 | -7.2% |
| Recurring financial charges | 65 | €337 | €313 | -€24 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €15,616 | -€1,978 | -€17,594 | |
| Income taxes | 67/77 | €1,277 | - | -€1,277 | |
| Profit (loss) for the period | 9904 | €14,339 | -€1,978 | -€16,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,339 | -€1,978 | -€16,317 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.