BERESLIM: 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.
BERESLIM
Largest movements
- Tangible fixed assets +€235,138
up €235,138 (+41.8%), from €562,261 to €797,399
of which Land and buildings: +€122,815
- Intangible fixed assets +€141,560
up €141,560 (+514%), from €27,517 to €169,077
- Receivables within one year +€73,429
up €73,429 (+49.0%), from €149,796 to €223,224
of which Trade receivables: +€67,294
- Cash +€71,788
up €71,788 (+318%), from €22,552 to €94,339
mainly Debts after one year (+€360,483) and Trade debts (+€181,886)
- Stocks and contracts +€53,270
up €53,270 (+20.8%), from €255,667 to €308,937
- Debts after one year +€360,483
up €360,483 (+77.9%), from €462,922 to €823,405
of which Financial debts: +€335,549
- Trade debts +€181,886
up €181,886 (+119%), from €153,101 to €334,987
- Reserves +€53,098
up €53,098 (+34.4%), from €154,325 to €207,423
- Current portion of long-term debt -€19,088
down €19,088 (-16.9%), from €112,662 to €93,574
- Gross operating margin -€88,611
down €88,611 (-16.1%), from €551,099 to €462,488
- Taxes -€50,256
down €50,256 (-78.6%), from €63,948 to €13,691
- Depreciation +€32,075
up €32,075 (+37.4%), from €85,755 to €117,830
- Financial charges +€14,906
up €14,906 (+126%), from €11,804 to €26,709
- Staff costs +€12,588
up €12,588 (+5.4%), from €231,898 to €244,486
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 | €1,030,227 | €1,595,415 | +€565,188 | +54.9% |
| Fixed assets | 21/28 | €589,778 | €966,476 | +€376,698 | +63.9% |
| Intangible fixed assets | 21 | €27,517 | €169,077 | +€141,560 | +514% |
| Tangible fixed assets | 22/27 | €562,261 | €797,399 | +€235,138 | +41.8% |
| Land and buildings | 22 | €309,551 | €432,366 | +€122,815 | +39.7% |
| Plant, machinery and equipment | 23 | €86,398 | €147,267 | +€60,869 | +70.5% |
| Furniture and vehicles | 24 | €100,849 | €166,426 | +€65,577 | +65.0% |
| Leasing and similar rights | 25 | €65,462 | €51,340 | -€14,122 | -21.6% |
| Current assets | 29/58 | €440,449 | €628,939 | +€188,489 | +42.8% |
| Stocks and contracts in progress | 3 | €255,667 | €308,937 | +€53,270 | +20.8% |
| Stocks | 30/36 | €255,667 | €308,937 | +€53,270 | +20.8% |
| Amounts receivable within one year | 40/41 | €149,796 | €223,224 | +€73,429 | +49.0% |
| Trade receivables | 40 | €142,105 | €209,399 | +€67,294 | +47.4% |
| Other amounts receivable | 41 | €7,691 | €13,826 | +€6,135 | +79.8% |
| Cash at bank and in hand | 54/58 | €22,552 | €94,339 | +€71,788 | +318% |
| Deferred charges and accrued income | 490/1 | €12,435 | €2,438 | -€9,997 | -80.4% |
| Total equity and liabilities | 10/49 | €1,030,227 | €1,595,415 | +€565,188 | +54.9% |
| Equity | 10/15 | €181,105 | €229,088 | +€47,983 | +26.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €154,325 | €207,423 | +€53,098 | +34.4% |
| Distributable reserves | 133 | €154,325 | €207,423 | +€53,098 | +34.4% |
| Investment grants | 15 | €21,781 | €16,666 | -€5,115 | -23.5% |
| Provisions and deferred taxes | 16 | €1,146 | €877 | -€269 | -23.5% |
| Deferred taxes | 168 | €1,146 | €877 | -€269 | -23.5% |
| Amounts payable | 17/49 | €847,976 | €1,365,450 | +€517,474 | +61.0% |
| Amounts payable after more than one year | 17 | €462,922 | €823,405 | +€360,483 | +77.9% |
| Financial debts | 170/4 | €328,309 | €663,858 | +€335,549 | +102% |
| Other amounts payable | 178/9 | €134,613 | €159,547 | +€24,934 | +18.5% |
| Amounts payable within one year | 42/48 | €370,464 | €538,002 | +€167,538 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €112,662 | €93,574 | -€19,088 | -16.9% |
| Trade debts | 44 | €153,101 | €334,987 | +€181,886 | +119% |
| Suppliers | 440/4 | €153,101 | €334,987 | +€181,886 | +119% |
| Taxes, remuneration and social security | 45 | €104,701 | €109,441 | +€4,740 | +4.5% |
| Taxes | 450/3 | €69,745 | €81,538 | +€11,793 | +16.9% |
| Remuneration and social security | 454/9 | €34,955 | €27,902 | -€7,053 | -20.2% |
| Accrued charges and deferred income | 492/3 | €14,590 | €4,043 | -€10,547 | -72.3% |
| Remuneration, social security and pensions | 62 | €231,898 | €244,486 | +€12,588 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,755 | €117,830 | +€32,075 | +37.4% |
| Other operating charges | 640/8 | €2,410 | €4,072 | +€1,662 | +69.0% |
| Non-recurring operating charges | 66A | €8,281 | €8,625 | +€344 | +4.2% |
| Gross operating margin | 9900 | €551,099 | €462,488 | -€88,611 | -16.1% |
| Operating profit (loss) | 9901 | €222,756 | €87,476 | -€135,280 | -60.7% |
| Financial income | 75/76B | €6,985 | €5,754 | -€1,231 | -17.6% |
| Recurring financial income | 75 | €6,985 | €5,754 | -€1,231 | -17.6% |
| Financial charges | 65/66B | €11,804 | €26,709 | +€14,906 | +126% |
| Recurring financial charges | 65 | €11,804 | €26,709 | +€14,906 | +126% |
| Profit (loss) for the period before taxes | 9903 | €217,937 | €66,520 | -€151,417 | -69.5% |
| Transfer from deferred taxes | 780 | €335 | €269 | -€66 | -19.6% |
| Income taxes | 67/77 | €63,948 | €13,691 | -€50,256 | -78.6% |
| Profit (loss) for the period | 9904 | €154,325 | €53,098 | -€101,227 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €154,325 | €53,098 | -€101,227 | -65.6% |
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 14 October 2026 via checked.be.