Bar BerTho: 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.
Bar BerTho
Largest movements
- Current investments +€78,487
new in 2025: €78,487
- Receivables after one year +€70,000
new in 2025: €70,000
- Receivables within one year -€54,995
down €54,995 (-62.8%), from €87,596 to €32,601
of which Other amounts receivable: -€61,410
- Cash +€23,776
up €23,776 (+5.9%), from €400,279 to €424,056
mainly Net result for the year (+€151,740) and Receivables within one year (+€54,995)
- Reserves +€151,740
up €151,740 (+43.5%), from €348,895 to €500,635
- Trade debts -€20,624
down €20,624 (-36.8%), from €56,007 to €35,383
- Tax, wage and social debts -€8,185
down €8,185 (-8.4%), from €97,784 to €89,599
of which Taxes: -€10,757
- Gross operating margin -€44,899
down €44,899 (-16.6%), from €269,749 to €224,850
- Taxes -€12,770
down €12,770 (-16.6%), from €76,859 to €64,089
- Depreciation -€2,709
down €2,709 (-27.2%), from €9,968 to €7,259
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 | €525,409 | €648,535 | +€123,126 | +23.4% |
| Fixed assets | 21/28 | €25,147 | €27,790 | +€2,643 | +10.5% |
| Tangible fixed assets | 22/27 | €25,147 | €27,790 | +€2,643 | +10.5% |
| Plant, machinery and equipment | 23 | €19,100 | €23,069 | +€3,969 | +20.8% |
| Furniture and vehicles | 24 | €6,047 | €4,721 | -€1,326 | -21.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €500,262 | €620,745 | +€120,483 | +24.1% |
| Amounts receivable after more than one year | 29 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 291 | - | €70,000 | +€70,000 | |
| Stocks and contracts in progress | 3 | €9,315 | €13,256 | +€3,942 | +42.3% |
| Stocks | 30/36 | €9,315 | €13,256 | +€3,942 | +42.3% |
| Amounts receivable within one year | 40/41 | €87,596 | €32,601 | -€54,995 | -62.8% |
| Trade receivables | 40 | €947 | €7,362 | +€6,415 | +677.8% |
| Other amounts receivable | 41 | €86,650 | €25,239 | -€61,410 | -70.9% |
| Current investments | 50/53 | - | €78,487 | +€78,487 | |
| Cash at bank and in hand | 54/58 | €400,279 | €424,056 | +€23,776 | +5.9% |
| Deferred charges and accrued income | 490/1 | €3,072 | €2,345 | -€727 | -23.7% |
| Total equity and liabilities | 10/49 | €525,409 | €648,535 | +€123,126 | +23.4% |
| Equity | 10/15 | €368,895 | €520,635 | +€151,740 | +41.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €348,895 | €500,635 | +€151,740 | +43.5% |
| Distributable reserves | 133 | €348,895 | €500,635 | +€151,740 | +43.5% |
| Amounts payable | 17/49 | €156,514 | €127,900 | -€28,614 | -18.3% |
| Amounts payable within one year | 42/48 | €155,585 | €125,272 | -€30,312 | -19.5% |
| Trade debts | 44 | €56,007 | €35,383 | -€20,624 | -36.8% |
| Suppliers | 440/4 | €56,007 | €35,383 | -€20,624 | -36.8% |
| Taxes, remuneration and social security | 45 | €97,784 | €89,599 | -€8,185 | -8.4% |
| Taxes | 450/3 | €97,784 | €87,027 | -€10,757 | -11.0% |
| Remuneration and social security | 454/9 | €0 | €2,572 | +€2,572 | |
| Other amounts payable | 47/48 | €1,794 | €290 | -€1,504 | -83.8% |
| Accrued charges and deferred income | 492/3 | €930 | €2,628 | +€1,698 | +182.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,968 | €7,259 | -€2,709 | -27.2% |
| Other operating charges | 640/8 | €1,748 | €1,352 | -€395 | -22.6% |
| Non-recurring operating charges | 66A | €2,465 | €0 | -€2,465 | -100.0% |
| Gross operating margin | 9900 | €269,749 | €224,850 | -€44,899 | -16.6% |
| Operating profit (loss) | 9901 | €255,568 | €216,239 | -€39,330 | -15.4% |
| Financial income | 75/76B | €343 | €0 | -€343 | -100.0% |
| Recurring financial income | 75 | €343 | €0 | -€343 | -100.0% |
| Financial charges | 65/66B | €173 | €410 | +€237 | +136.7% |
| Recurring financial charges | 65 | €173 | €410 | +€237 | +136.7% |
| Profit (loss) for the period before taxes | 9903 | €255,738 | €215,829 | -€39,909 | -15.6% |
| Income taxes | 67/77 | €76,859 | €64,089 | -€12,770 | -16.6% |
| Profit (loss) for the period | 9904 | €178,880 | €151,740 | -€27,140 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €178,880 | €151,740 | -€27,140 | -15.2% |
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 9 October 2026 via checked.be.