Bercom-Trans: 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.
Bercom-Trans
Largest movements
- Receivables within one year -€24,977
down €24,977 (-14.4%), from €173,951 to €148,973
of which Trade receivables: -€71,267
- Tangible fixed assets +€20,823
up €20,823 (+37.0%), from €56,285 to €77,109
- Deferred charges and accrued income +€5,674
up €5,674 (+230.1%), from €2,466 to €8,139
- Trade debts -€53,250
no longer reported in 2025 (was €53,250)
- Reserves +€31,473
up €31,473 (+31.3%), from €100,582 to €132,055
- Debts after one year +€27,146
up €27,146 (+88.3%), from €30,737 to €57,884
- Tax, wage and social debts -€14,389
down €14,389 (-27.5%), from €52,387 to €37,997
of which Taxes: -€13,040
- Current portion of long-term debt +€9,931
up €9,931 (+100.7%), from €9,859 to €19,791
- Depreciation +€8,667
up €8,667 (+55.9%), from €15,510 to €24,177
- Gross operating margin +€7,684
up €7,684 (+5.4%), from €142,920 to €150,604
- Other operating charges -€4,166
down €4,166 (-88.4%), from €4,714 to €548
- Staff costs +€3,814
up €3,814 (+5.4%), from €70,568 to €74,382
- Financial charges +€3,009
up €3,009 (+80.7%), from €3,727 to €6,736
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 | €247,316 | €248,227 | +€911 | +0.4% |
| Fixed assets | 21/28 | €70,285 | €91,109 | +€20,823 | +29.6% |
| Tangible fixed assets | 22/27 | €56,285 | €77,109 | +€20,823 | +37.0% |
| Furniture and vehicles | 24 | €56,285 | €77,109 | +€20,823 | +37.0% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €177,030 | €157,118 | -€19,912 | -11.2% |
| Amounts receivable within one year | 40/41 | €173,951 | €148,973 | -€24,977 | -14.4% |
| Trade receivables | 40 | €103,322 | €32,055 | -€71,267 | -69.0% |
| Other amounts receivable | 41 | €70,629 | €116,918 | +€46,290 | +65.5% |
| Cash at bank and in hand | 54/58 | €614 | €5 | -€609 | -99.2% |
| Deferred charges and accrued income | 490/1 | €2,466 | €8,139 | +€5,674 | +230.1% |
| Total equity and liabilities | 10/49 | €247,316 | €248,227 | +€911 | +0.4% |
| Equity | 10/15 | €101,082 | €132,555 | +€31,473 | +31.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €100,582 | €132,055 | +€31,473 | +31.3% |
| Distributable reserves | 133 | €100,582 | €132,055 | +€31,473 | +31.3% |
| Amounts payable | 17/49 | €146,233 | €115,671 | -€30,562 | -20.9% |
| Amounts payable after more than one year | 17 | €30,737 | €57,884 | +€27,146 | +88.3% |
| Financial debts | 170/4 | €30,737 | €57,884 | +€27,146 | +88.3% |
| Amounts payable within one year | 42/48 | €115,496 | €57,788 | -€57,708 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €9,859 | €19,791 | +€9,931 | +100.7% |
| Trade debts | 44 | €53,250 | - | -€53,250 | |
| Suppliers | 440/4 | €53,250 | - | -€53,250 | |
| Taxes, remuneration and social security | 45 | €52,387 | €37,997 | -€14,389 | -27.5% |
| Taxes | 450/3 | €36,137 | €23,097 | -€13,040 | -36.1% |
| Remuneration and social security | 454/9 | €16,250 | €14,900 | -€1,350 | -8.3% |
| Remuneration, social security and pensions | 62 | €70,568 | €74,382 | +€3,814 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,510 | €24,177 | +€8,667 | +55.9% |
| Other operating charges | 640/8 | €4,714 | €548 | -€4,166 | -88.4% |
| Non-recurring operating charges | 66A | - | €176 | +€176 | |
| Gross operating margin | 9900 | €142,920 | €150,604 | +€7,684 | +5.4% |
| Operating profit (loss) | 9901 | €52,129 | €51,321 | -€808 | -1.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,727 | €6,736 | +€3,009 | +80.7% |
| Recurring financial charges | 65 | €3,727 | €6,736 | +€3,009 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | €48,401 | €44,585 | -€3,816 | -7.9% |
| Income taxes | 67/77 | €14,472 | €13,113 | -€1,360 | -9.4% |
| Profit (loss) for the period | 9904 | €33,929 | €31,473 | -€2,456 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,929 | €31,473 | -€2,456 | -7.2% |
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.