BERENSON: 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.
BERENSON
Largest movements
- Tangible fixed assets -€9,111
down €9,111 (-2.8%), from €329,032 to €319,921
- Receivables within one year -€4,000
no longer reported in 2025 (was €4,000)
- Current portion of long-term debt -€30,613
down €30,613 (-96.8%), from €31,614 to €1,002
- Reserves +€16,298
up €16,298 (+18.0%), from €90,462 to €106,759
of which Distributable reserves: +€16,298
- Other debts +€12,265
up €12,265 (+79.9%), from €15,350 to €27,615
- Trade debts -€6,461
down €6,461 (-61.8%), from €10,461 to €4,000
- Financial income +€2,087
new in 2025: €2,087
- Other operating charges +€1,822
up €1,822 (+33.5%), from €5,445 to €7,267
- Taxes -€444
down €444 (-5.1%), from €8,785 to €8,340
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 | €335,797 | €323,797 | -€12,000 | -3.6% |
| Fixed assets | 21/28 | €329,032 | €319,921 | -€9,111 | -2.8% |
| Tangible fixed assets | 22/27 | €329,032 | €319,921 | -€9,111 | -2.8% |
| Land and buildings | 22 | €329,032 | €319,921 | -€9,111 | -2.8% |
| Current assets | 29/58 | €6,765 | €3,876 | -€2,890 | -42.7% |
| Amounts receivable within one year | 40/41 | €4,000 | - | -€4,000 | |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Cash at bank and in hand | 54/58 | €75 | €965 | +€889 | +1182.4% |
| Deferred charges and accrued income | 490/1 | €2,690 | €2,911 | +€221 | +8.2% |
| Total equity and liabilities | 10/49 | €335,797 | €323,797 | -€12,000 | -3.6% |
| Equity | 10/15 | €252,435 | €268,733 | +€16,298 | +6.5% |
| Contributions | 10/11 | €161,973 | €161,973 | = | 0.0% |
| Capital | 10 | €161,973 | €161,973 | = | 0.0% |
| Issued capital | 100 | €161,973 | €161,973 | = | 0.0% |
| Reserves | 13 | €90,462 | €106,759 | +€16,298 | +18.0% |
| Non-distributable reserves | 130/1 | €16,197 | €16,197 | = | 0.0% |
| Legal reserve | 130 | €16,197 | €16,197 | = | 0.0% |
| Distributable reserves | 133 | €74,264 | €90,562 | +€16,298 | +21.9% |
| Amounts payable | 17/49 | €83,362 | €55,064 | -€28,298 | -33.9% |
| Amounts payable after more than one year | 17 | €1,002 | - | -€1,002 | |
| Financial debts | 170/4 | €1,002 | - | -€1,002 | |
| Amounts payable within one year | 42/48 | €82,360 | €55,064 | -€27,296 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €31,614 | €1,002 | -€30,613 | -96.8% |
| Trade debts | 44 | €10,461 | €4,000 | -€6,461 | -61.8% |
| Suppliers | 440/4 | €10,461 | €4,000 | -€6,461 | -61.8% |
| Taxes, remuneration and social security | 45 | €24,934 | €22,447 | -€2,487 | -10.0% |
| Taxes | 450/3 | €24,934 | €22,447 | -€2,487 | -10.0% |
| Other amounts payable | 47/48 | €15,350 | €27,615 | +€12,265 | +79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,111 | €9,111 | = | 0.0% |
| Other operating charges | 640/8 | €5,445 | €7,267 | +€1,822 | +33.5% |
| Gross operating margin | 9900 | €40,297 | €40,620 | +€323 | +0.8% |
| Operating profit (loss) | 9901 | €25,741 | €24,242 | -€1,499 | -5.8% |
| Financial income | 75/76B | - | €2,087 | +€2,087 | |
| Recurring financial income | 75 | - | €2,087 | +€2,087 | |
| Financial charges | 65/66B | €2,012 | €1,690 | -€321 | -16.0% |
| Recurring financial charges | 65 | €2,012 | €1,690 | -€321 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €23,729 | €24,638 | +€909 | +3.8% |
| Income taxes | 67/77 | €8,785 | €8,340 | -€444 | -5.1% |
| Profit (loss) for the period | 9904 | €14,945 | €16,298 | +€1,353 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,945 | €16,298 | +€1,353 | +9.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.