BERCON: what changed
Two fiscal 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.
BERCON
Largest movements
- Stocks and contracts +€8.1m
up €8.1m (+1690.7%), from €481,463 to €8.6m
- Receivables within one year +€966,559
up €966,559 (+4606.5%), from €20,982 to €987,541
of which Other amounts receivable: +€966,559
- Short-term financial debts +€7.5m
new in 2025: €7.5m
- Trade debts +€1.6m
up €1.6m (+5871.5%), from €27,753 to €1.7m
- Financial charges +€23,516
up €23,516 (+1097.2%), from €2,143 to €25,659
- Gross operating margin +€19,810
up €19,810 (+92.2%), from -€21,483 to -€1,673
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 | €503,474 | €9,643,268 | +€9.1m | +1815.3% |
| Current assets | 29/58 | €503,474 | €9,643,268 | +€9.1m | +1815.3% |
| Stocks and contracts in progress | 3 | €481,463 | €8,621,542 | +€8.1m | +1690.7% |
| Stocks | 30/36 | €481,463 | €8,621,542 | +€8.1m | +1690.7% |
| Amounts receivable within one year | 40/41 | €20,982 | €987,541 | +€966,559 | +4606.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €20,982 | €987,541 | +€966,559 | +4606.5% |
| Cash at bank and in hand | 54/58 | €1,028 | €2,246 | +€1,218 | +118.4% |
| Deferred charges and accrued income | 490/1 | - | €31,939 | +€31,939 | |
| Total equity and liabilities | 10/49 | €503,474 | €9,643,268 | +€9.1m | +1815.3% |
| Equity | 10/15 | -€30,554 | -€58,463 | -€27,909 | -91.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,554 | -€63,463 | -€27,909 | -78.5% |
| Amounts payable | 17/49 | €534,028 | €9,701,731 | +€9.2m | +1716.7% |
| Amounts payable within one year | 42/48 | €534,028 | €9,701,731 | +€9.2m | +1716.7% |
| Financial debts | 43 | - | €7,474,190 | +€7.5m | |
| Credit institutions | 430/8 | - | €7,474,190 | +€7.5m | |
| Trade debts | 44 | €27,753 | €1,657,261 | +€1.6m | +5871.5% |
| Suppliers | 440/4 | €27,753 | €1,657,261 | +€1.6m | +5871.5% |
| Other amounts payable | 47/48 | €506,275 | €570,280 | +€64,005 | +12.6% |
| Other operating charges | 640/8 | €505 | €576 | +€71 | +14.1% |
| Gross operating margin | 9900 | -€21,483 | -€1,673 | +€19,810 | +92.2% |
| Operating profit (loss) | 9901 | -€21,988 | -€2,249 | +€19,739 | +89.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,143 | €25,659 | +€23,516 | +1097.2% |
| Recurring financial charges | 65 | €2,143 | €25,659 | +€23,516 | +1097.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,131 | -€27,909 | -€3,777 | -15.7% |
| Profit (loss) for the period | 9904 | -€24,131 | -€27,909 | -€3,777 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,131 | -€27,909 | -€3,777 | -15.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.