Berentrode: 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.
Berentrode
Largest movements
- Cash -€53,324
down €53,324 (-33.4%), from €159,444 to €106,120
mainly Investment in fixed assets (net) (-€97,948) and Net result for the year (-€36,299)
- Tangible fixed assets +€31,670
up €31,670 (+12.5%), from €254,160 to €285,829
of which Plant, machinery and equipment: +€43,537
- Receivables within one year +€15,665
up €15,665 (+40.4%), from €38,760 to €54,425
of which Other amounts receivable: +€12,662
- Investment grants +€39,051
up €39,051 (+17.7%), from €220,033 to €259,084
- Profit (loss) carried forward -€36,299
down €36,299 (-89.4%), from €40,599 to €4,300
- Debts within one year -€6,577
down €6,577 (-38.0%), from €17,304 to €10,727
- Gross operating margin +€10,677
up €10,677 (+26.0%), from €41,106 to €51,783
- Staff costs +€6,254
up €6,254 (+9.5%), from €65,594 to €71,848
- Depreciation +€4,078
up €4,078 (+6.6%), from €62,200 to €66,278
- Financial income -€1,414
down €1,414 (-2.4%), from €59,176 to €57,762
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 | €456,444 | €452,088 | -€4,355 | -1.0% |
| Fixed assets | 21/28 | €254,160 | €285,829 | +€31,670 | +12.5% |
| Tangible fixed assets | 22/27 | €254,160 | €285,829 | +€31,670 | +12.5% |
| Land and buildings | 22 | €91,679 | €79,812 | -€11,867 | -12.9% |
| Plant, machinery and equipment | 23 | €162,480 | €206,017 | +€43,537 | +26.8% |
| Current assets | 29/58 | €202,284 | €166,259 | -€36,025 | -17.8% |
| Stocks and contracts in progress | 3 | €3,113 | €3,374 | +€260 | +8.4% |
| Stocks | 30/36 | €3,113 | €3,374 | +€260 | +8.4% |
| Amounts receivable within one year | 40/41 | €38,760 | €54,425 | +€15,665 | +40.4% |
| Trade receivables | 40 | €35,033 | €38,037 | +€3,004 | +8.6% |
| Other amounts receivable | 41 | €3,727 | €16,388 | +€12,662 | +339.7% |
| Cash at bank and in hand | 54/58 | €159,444 | €106,120 | -€53,324 | -33.4% |
| Deferred charges and accrued income | 490/1 | €966 | €2,340 | +€1,373 | +142.1% |
| Total equity and liabilities | 10/49 | €456,444 | €452,088 | -€4,355 | -1.0% |
| Equity | 10/15 | €438,608 | €441,361 | +€2,752 | +0.6% |
| Reserves | 13 | €177,976 | €177,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,599 | €4,300 | -€36,299 | -89.4% |
| Investment grants | 15 | €220,033 | €259,084 | +€39,051 | +17.7% |
| Amounts payable | 17/49 | €17,835 | €10,727 | -€7,108 | -39.9% |
| Amounts payable within one year | 42/48 | €17,304 | €10,727 | -€6,577 | -38.0% |
| Trade debts | 44 | €16,069 | €9,892 | -€6,177 | -38.4% |
| Suppliers | 440/4 | €16,069 | €9,892 | -€6,177 | -38.4% |
| Accrued charges and deferred income | 492/3 | €531 | - | -€531 | |
| Remuneration, social security and pensions | 62 | €65,594 | €71,848 | +€6,254 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,200 | €66,278 | +€4,078 | +6.6% |
| Other operating charges | 640/8 | €7,590 | €7,090 | -€500 | -6.6% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | €41,106 | €51,783 | +€10,677 | +26.0% |
| Operating profit (loss) | 9901 | -€94,278 | -€93,439 | +€840 | +0.9% |
| Financial income | 75/76B | €59,176 | €57,762 | -€1,414 | -2.4% |
| Recurring financial income | 75 | €59,176 | €57,762 | -€1,414 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,102 | -€35,676 | -€574 | -1.6% |
| Income taxes | 67/77 | €808 | €622 | -€186 | -23.0% |
| Profit (loss) for the period | 9904 | -€35,910 | -€36,299 | -€389 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,910 | -€36,299 | -€389 | -1.1% |
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 6 October 2026 via checked.be.