BERCOLEASE: 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.
BERCOLEASE
Largest movements
- Current investments -€1.0m
no longer reported in 2025 (was €1.0m)
- Tangible fixed assets +€511,546
up €511,546 (+139%), from €367,935 to €879,481
of which Land and buildings: +€766,924
- Cash +€214,374
up €214,374 (+84.7%), from €253,144 to €467,518
mainly Current investments (+€1.0m) and Net result for the year (+€703,804)
- Trade debts -€256,217
down €256,217 (-86.7%), from €295,662 to €39,445
- Profit (loss) carried forward -€36,196
down €36,196 (-99.6%), from €36,341 to €146
- Other debts +€23,662
up €23,662 (+2.4%), from €972,539 to €996,202
- Financial income -€54,885
down €54,885 (-75.4%), from €72,795 to €17,909
- Turnover +€31,680
up €31,680 (+3.2%), from €998,941 to €1.0m
- Taxes -€16,338
down €16,338 (-6.0%), from €272,539 to €256,202
- Depreciation +€13,131
up €13,131 (+469%), from €2,802 to €15,933
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 | €1,815,016 | €1,546,311 | -€268,705 | -14.8% |
| Fixed assets | 21/28 | €367,935 | €879,481 | +€511,546 | +139% |
| Tangible fixed assets | 22/27 | €367,935 | €879,481 | +€511,546 | +139% |
| Land and buildings | 22 | €112,556 | €879,481 | +€766,924 | +681% |
| Assets under construction and advance payments | 27 | €255,379 | - | -€255,379 | |
| Current assets | 29/58 | €1,447,081 | €666,830 | -€780,251 | -53.9% |
| Amounts receivable within one year | 40/41 | €185,692 | €193,399 | +€7,707 | +4.2% |
| Trade receivables | 40 | €185,511 | €192,005 | +€6,495 | +3.5% |
| Other amounts receivable | 41 | €181 | €1,394 | +€1,212 | +669% |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Other investments | 51/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €253,144 | €467,518 | +€214,374 | +84.7% |
| Deferred charges and accrued income | 490/1 | €8,245 | €5,913 | -€2,332 | -28.3% |
| Total equity and liabilities | 10/49 | €1,815,016 | €1,546,311 | -€268,705 | -14.8% |
| Equity | 10/15 | €544,541 | €508,346 | -€36,196 | -6.6% |
| Contributions | 10/11 | €462,000 | €462,000 | = | 0.0% |
| Capital | 10 | €462,000 | €462,000 | = | 0.0% |
| Issued capital | 100 | €462,000 | €462,000 | = | 0.0% |
| Reserves | 13 | €46,200 | €46,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,200 | €46,200 | = | 0.0% |
| Legal reserve | 130 | €46,200 | €46,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,341 | €146 | -€36,196 | -99.6% |
| Amounts payable | 17/49 | €1,270,475 | €1,037,965 | -€232,510 | -18.3% |
| Amounts payable within one year | 42/48 | €1,268,201 | €1,035,646 | -€232,555 | -18.3% |
| Trade debts | 44 | €295,662 | €39,445 | -€256,217 | -86.7% |
| Suppliers | 440/4 | €295,662 | €39,445 | -€256,217 | -86.7% |
| Other amounts payable | 47/48 | €972,539 | €996,202 | +€23,662 | +2.4% |
| Accrued charges and deferred income | 492/3 | €2,274 | €2,319 | +€45 | +2.0% |
| Operating income | 70/76A | €1,107,651 | €1,143,304 | +€35,653 | +3.2% |
| Turnover | 70 | €998,941 | €1,030,621 | +€31,680 | +3.2% |
| Other operating income | 74 | €108,710 | €112,684 | +€3,973 | +3.7% |
| Operating charges | 60/66A | €180,215 | €200,760 | +€20,545 | +11.4% |
| Services and other goods | 61 | €67,608 | €71,017 | +€3,408 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,802 | €15,933 | +€13,131 | +469% |
| Other operating charges | 640/8 | €109,804 | €113,810 | +€4,006 | +3.6% |
| Operating profit (loss) | 9901 | €927,437 | €942,545 | +€15,108 | +1.6% |
| Financial income | 75/76B | €72,795 | €17,909 | -€54,885 | -75.4% |
| Recurring financial income | 75 | €72,795 | €17,909 | -€54,885 | -75.4% |
| Income from current assets | 751 | €72,795 | €17,909 | -€54,885 | -75.4% |
| Financial charges | 65/66B | €87 | €448 | +€361 | +413% |
| Recurring financial charges | 65 | €87 | €448 | +€361 | +413% |
| Debt charges | 650 | €87 | €397 | +€309 | +354% |
| Other financial charges | 652/9 | - | €51 | +€51 | |
| Profit (loss) for the period before taxes | 9903 | €1,000,144 | €960,006 | -€40,138 | -4.0% |
| Income taxes | 67/77 | €272,539 | €256,202 | -€16,338 | -6.0% |
| Taxes | 670/3 | €272,539 | €256,202 | -€16,338 | -6.0% |
| Profit (loss) for the period | 9904 | €727,605 | €703,804 | -€23,800 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €727,605 | €703,804 | -€23,800 | -3.3% |
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 24 October 2026 via checked.be.