Berad: 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.
Berad
Largest movements
- Current investments +€309,026
up €309,026 (+27.5%), from €1.1m to €1.4m
- Cash +€166,712
up €166,712 (+61.4%), from €271,567 to €438,279
mainly Net result for the year (+€374,027) and Receivables within one year (+€133,325)
- Receivables within one year -€133,325
down €133,325 (-100%), from €133,325 to €0
- Reserves +€279,688
up €279,688 (+19.3%), from €1.4m to €1.7m
of which Distributable reserves: +€279,688
- Tax, wage and social debts +€55,668
up €55,668 (+459%), from €12,137 to €67,805
- Gross operating margin +€187,205
up €187,205 (+54.0%), from €346,370 to €533,575
- Taxes +€64,413
up €64,413 (+59.3%), from €108,712 to €173,125
- Financial income +€12,394
up €12,394 (+165%), from €7,519 to €19,912
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 | €1,532,237 | €1,876,688 | +€344,452 | +22.5% |
| Fixed assets | 21/28 | €1,406 | €3,573 | +€2,167 | +154% |
| Tangible fixed assets | 22/27 | €1,406 | €3,573 | +€2,167 | +154% |
| Furniture and vehicles | 24 | €1,406 | €3,573 | +€2,167 | +154% |
| Current assets | 29/58 | €1,530,830 | €1,873,115 | +€342,285 | +22.4% |
| Amounts receivable within one year | 40/41 | €133,325 | €0 | -€133,325 | -100% |
| Trade receivables | 40 | €133,325 | €0 | -€133,325 | -100% |
| Current investments | 50/53 | €1,124,123 | €1,433,149 | +€309,026 | +27.5% |
| Cash at bank and in hand | 54/58 | €271,567 | €438,279 | +€166,712 | +61.4% |
| Deferred charges and accrued income | 490/1 | €1,816 | €1,687 | -€129 | -7.1% |
| Total equity and liabilities | 10/49 | €1,532,237 | €1,876,688 | +€344,452 | +22.5% |
| Equity | 10/15 | €1,458,889 | €1,738,577 | +€279,688 | +19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,446,489 | €1,726,177 | +€279,688 | +19.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,446,489 | €1,726,177 | +€279,688 | +19.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,347 | €138,111 | +€64,764 | +88.3% |
| Amounts payable within one year | 42/48 | €73,347 | €138,111 | +€64,764 | +88.3% |
| Financial debts | 43 | €49 | €0 | -€49 | -100% |
| Credit institutions | 430/8 | €49 | €0 | -€49 | -100% |
| Trade debts | 44 | €6,283 | €2,683 | -€3,600 | -57.3% |
| Suppliers | 440/4 | €6,283 | €2,683 | -€3,600 | -57.3% |
| Taxes, remuneration and social security | 45 | €12,137 | €67,805 | +€55,668 | +459% |
| Taxes | 450/3 | €12,137 | €67,805 | +€55,668 | +459% |
| Other amounts payable | 47/48 | €54,879 | €67,624 | +€12,745 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €1,012 | +€54 | +5.6% |
| Other operating charges | 640/8 | €1,138 | €4,249 | +€3,111 | +273% |
| Gross operating margin | 9900 | €346,370 | €533,575 | +€187,205 | +54.0% |
| Operating profit (loss) | 9901 | €344,273 | €528,314 | +€184,040 | +53.5% |
| Financial income | 75/76B | €7,519 | €19,912 | +€12,394 | +165% |
| Recurring financial income | 75 | €7,519 | €19,912 | +€12,394 | +165% |
| Financial charges | 65/66B | €3,715 | €1,074 | -€2,641 | -71.1% |
| Recurring financial charges | 65 | €3,715 | €1,074 | -€2,641 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €348,077 | €547,153 | +€199,075 | +57.2% |
| Income taxes | 67/77 | €108,712 | €173,125 | +€64,413 | +59.3% |
| Profit (loss) for the period | 9904 | €239,365 | €374,027 | +€134,662 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €239,365 | €374,027 | +€134,662 | +56.3% |
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 13 October 2026 via checked.be.