BERA: 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.
BERA
Largest movements
- Receivables within one year +€110,887
up €110,887 (+896.1%), from €12,375 to €123,262
of which Other amounts receivable: +€105,001
- Cash -€12,516
down €12,516 (-50.7%), from €24,700 to €12,185
mainly Receivables within one year (-€110,887) and Tax, wage and social debts (-€3,687)
- Financial fixed assets +€4,000
new in 2025: €4,000
- Tangible fixed assets -€3,633
down €3,633 (-80.7%), from €4,500 to €867
- Other debts +€74,963
up €74,963 (+202712.3%), from €37 to €75,000
- Reserves +€26,950
up €26,950 (+107.6%), from €25,056 to €52,006
- Tax, wage and social debts -€3,687
down €3,687 (-32.1%), from €11,485 to €7,798
- Gross operating margin +€4,467
up €4,467 (+13.8%), from €32,447 to €36,914
- Taxes +€2,296
up €2,296 (+33.4%), from €6,876 to €9,171
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 | €41,928 | €140,519 | +€98,591 | +235.1% |
| Fixed assets | 21/28 | €4,500 | €4,867 | +€367 | +8.2% |
| Tangible fixed assets | 22/27 | €4,500 | €867 | -€3,633 | -80.7% |
| Plant, machinery and equipment | 23 | €4,500 | €867 | -€3,633 | -80.7% |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €37,428 | €135,652 | +€98,224 | +262.4% |
| Amounts receivable within one year | 40/41 | €12,375 | €123,262 | +€110,887 | +896.1% |
| Trade receivables | 40 | €12,375 | €18,261 | +€5,886 | +47.6% |
| Other amounts receivable | 41 | - | €105,001 | +€105,001 | |
| Cash at bank and in hand | 54/58 | €24,700 | €12,185 | -€12,516 | -50.7% |
| Deferred charges and accrued income | 490/1 | €353 | €206 | -€147 | -41.6% |
| Total equity and liabilities | 10/49 | €41,928 | €140,519 | +€98,591 | +235.1% |
| Equity | 10/15 | €30,056 | €57,006 | +€26,950 | +89.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,056 | €52,006 | +€26,950 | +107.6% |
| Distributable reserves | 133 | €25,056 | €52,006 | +€26,950 | +107.6% |
| Amounts payable | 17/49 | €11,872 | €83,514 | +€71,642 | +603.5% |
| Amounts payable within one year | 42/48 | €11,872 | €83,514 | +€71,642 | +603.5% |
| Trade debts | 44 | €349 | €715 | +€366 | +104.7% |
| Suppliers | 440/4 | €349 | €715 | +€366 | +104.7% |
| Taxes, remuneration and social security | 45 | €11,485 | €7,798 | -€3,687 | -32.1% |
| Taxes | 450/3 | €11,485 | €7,798 | -€3,687 | -32.1% |
| Other amounts payable | 47/48 | €37 | €75,000 | +€74,963 | +202712.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €330 | +€330 | |
| Other operating charges | 640/8 | €481 | €422 | -€59 | -12.4% |
| Gross operating margin | 9900 | €32,447 | €36,914 | +€4,467 | +13.8% |
| Operating profit (loss) | 9901 | €31,965 | €36,162 | +€4,196 | +13.1% |
| Financial charges | 65/66B | €34 | €41 | +€7 | +20.4% |
| Recurring financial charges | 65 | €34 | €41 | +€7 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €31,932 | €36,121 | +€4,189 | +13.1% |
| Income taxes | 67/77 | €6,876 | €9,171 | +€2,296 | +33.4% |
| Profit (loss) for the period | 9904 | €25,056 | €26,950 | +€1,894 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,056 | €26,950 | +€1,894 | +7.6% |
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 12 October 2026 via checked.be.