AD BERLAAR: 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.
AD BERLAAR
Largest movements
- Cash +€398,356
up €398,356 (+160.2%), from €248,587 to €646,942
mainly Net result for the year (+€839,273) and Depreciation (+€326,973)
- Intangible fixed assets -€80,000
down €80,000 (-70.6%), from €113,390 to €33,390
- Tangible fixed assets -€59,805
down €59,805 (-1.6%), from €3.8m to €3.7m
of which Land and buildings: -€96,250
- Receivables within one year -€59,121
down €59,121 (-26.3%), from €224,687 to €165,566
of which Trade receivables: -€74,990
- Reserves +€589,273
up €589,273 (+39.4%), from €1.5m to €2.1m
of which Distributable reserves: +€589,273
- Short-term financial debts -€289,606
down €289,606 (-24.6%), from €1.2m to €885,394
- Other debts -€283,245
down €283,245 (-53.1%), from €533,500 to €250,255
- Debts after one year +€264,964
up €264,964 (+29.3%), from €904,906 to €1.2m
of which Trade debts: +€269,149
- Tax, wage and social debts -€114,043
down €114,043 (-48.7%), from €234,146 to €120,104
of which Taxes: -€58,826
- Staff costs +€58,076
up €58,076 (+4.6%), from €1.3m to €1.3m
- Gross operating margin -€53,016
down €53,016 (-1.9%), from €2.8m to €2.8m
- Financial charges -€32,256
down €32,256 (-31.2%), from €103,342 to €71,087
- Taxes -€28,662
down €28,662 (-13.1%), from €218,695 to €190,032
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 | €4,936,418 | €5,102,297 | +€165,879 | +3.4% |
| Fixed assets | 21/28 | €3,864,280 | €3,724,474 | -€139,805 | -3.6% |
| Intangible fixed assets | 21 | €113,390 | €33,390 | -€80,000 | -70.6% |
| Tangible fixed assets | 22/27 | €3,750,889 | €3,691,084 | -€59,805 | -1.6% |
| Land and buildings | 22 | €3,128,634 | €3,032,384 | -€96,250 | -3.1% |
| Plant, machinery and equipment | 23 | €492,173 | €453,061 | -€39,112 | -7.9% |
| Furniture and vehicles | 24 | €11,426 | €6,100 | -€5,326 | -46.6% |
| Leasing and similar rights | 25 | €11,222 | €3,299 | -€7,923 | -70.6% |
| Other tangible fixed assets | 26 | €107,434 | €196,240 | +€88,805 | +82.7% |
| Current assets | 29/58 | €1,072,138 | €1,377,823 | +€305,684 | +28.5% |
| Stocks and contracts in progress | 3 | €557,607 | €524,408 | -€33,199 | -6.0% |
| Stocks | 30/36 | €557,607 | €524,408 | -€33,199 | -6.0% |
| Amounts receivable within one year | 40/41 | €224,687 | €165,566 | -€59,121 | -26.3% |
| Trade receivables | 40 | €222,154 | €147,163 | -€74,990 | -33.8% |
| Other amounts receivable | 41 | €2,533 | €18,403 | +€15,870 | +626.4% |
| Cash at bank and in hand | 54/58 | €248,587 | €646,942 | +€398,356 | +160.2% |
| Deferred charges and accrued income | 490/1 | €41,258 | €40,906 | -€352 | -0.9% |
| Total equity and liabilities | 10/49 | €4,936,418 | €5,102,297 | +€165,879 | +3.4% |
| Equity | 10/15 | €1,797,376 | €2,386,650 | +€589,273 | +32.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,497,376 | €2,086,650 | +€589,273 | +39.4% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €1,467,376 | €2,056,650 | +€589,273 | +40.2% |
| Amounts payable | 17/49 | €3,139,042 | €2,715,647 | -€423,394 | -13.5% |
| Amounts payable after more than one year | 17 | €904,906 | €1,169,870 | +€264,964 | +29.3% |
| Financial debts | 170/4 | €4,185 | - | -€4,185 | |
| Trade debts | 175 | €900,721 | €1,169,870 | +€269,149 | +29.9% |
| Amounts payable within one year | 42/48 | €2,225,473 | €1,541,783 | -€683,691 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €97,745 | €63,169 | -€34,576 | -35.4% |
| Financial debts | 43 | €1,175,000 | €885,394 | -€289,606 | -24.6% |
| Credit institutions | 430/8 | €1,175,000 | €885,394 | -€289,606 | -24.6% |
| Trade debts | 44 | €185,082 | €222,861 | +€37,779 | +20.4% |
| Suppliers | 440/4 | €185,082 | €222,861 | +€37,779 | +20.4% |
| Taxes, remuneration and social security | 45 | €234,146 | €120,104 | -€114,043 | -48.7% |
| Taxes | 450/3 | €73,825 | €14,999 | -€58,826 | -79.7% |
| Remuneration and social security | 454/9 | €160,321 | €105,104 | -€55,217 | -34.4% |
| Other amounts payable | 47/48 | €533,500 | €250,255 | -€283,245 | -53.1% |
| Accrued charges and deferred income | 492/3 | €8,662 | €3,995 | -€4,667 | -53.9% |
| Remuneration, social security and pensions | 62 | €1,250,726 | €1,308,802 | +€58,076 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313,343 | €326,973 | +€13,629 | +4.3% |
| Other operating charges | 640/8 | €37,182 | €35,937 | -€1,245 | -3.3% |
| Gross operating margin | 9900 | €2,824,904 | €2,771,888 | -€53,016 | -1.9% |
| Operating profit (loss) | 9901 | €1,223,652 | €1,100,176 | -€123,476 | -10.1% |
| Financial income | 75/76B | - | €216 | +€216 | |
| Recurring financial income | 75 | - | €216 | +€216 | |
| Financial charges | 65/66B | €103,342 | €71,087 | -€32,256 | -31.2% |
| Recurring financial charges | 65 | €103,342 | €71,087 | -€32,256 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €1,120,310 | €1,029,305 | -€91,005 | -8.1% |
| Income taxes | 67/77 | €218,695 | €190,032 | -€28,662 | -13.1% |
| Profit (loss) for the period | 9904 | €901,616 | €839,273 | -€62,342 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €901,616 | €839,273 | -€62,342 | -6.9% |
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 11 October 2026 via checked.be.