BERFI: 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.
BERFI
Largest movements
- Receivables within one year -€461,099
down €461,099 (-94.2%), from €489,639 to €28,540
- Cash +€233,436
up €233,436 (+90.2%), from €258,815 to €492,251
mainly Depreciation (+€498,451) and Receivables within one year (+€461,099)
- Stocks and contracts -€78,552
down €78,552 (-37.0%), from €212,344 to €133,792
- Tangible fixed assets +€50,149
up €50,149 (+1.7%), from €2.9m to €2.9m
of which Furniture and vehicles: +€44,680
- Financial fixed assets +€48,231
up €48,231 (+13494.1%), from €357 to €48,588
- Tax, wage and social debts -€105,232
down €105,232 (-99.2%), from €106,030 to €798
- Profit (loss) carried forward -€95,750
down €95,750 (-28.6%), from €335,089 to €239,339
- Debts after one year -€72,865
down €72,865 (-5.2%), from €1.4m to €1.3m
of which Financial debts: -€80,000
- Accrued charges and deferred income +€64,887
up €64,887 (+8.8%), from €736,342 to €801,229
- Gross operating margin -€472,048
down €472,048 (-50.2%), from €940,643 to €468,595
- Other operating charges -€101,916
down €101,916 (-69.1%), from €147,522 to €45,606
- Taxes -€60,249
down €60,249 (-95.1%), from €63,342 to €3,093
- Depreciation -€51,613
down €51,613 (-9.4%), from €550,064 to €498,451
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 | €3,849,276 | €3,641,440 | -€207,836 | -5.4% |
| Fixed assets | 21/28 | €2,888,478 | €2,986,858 | +€98,380 | +3.4% |
| Tangible fixed assets | 22/27 | €2,888,121 | €2,938,270 | +€50,149 | +1.7% |
| Land and buildings | 22 | €2,888,121 | €2,893,590 | +€5,469 | +0.2% |
| Furniture and vehicles | 24 | - | €44,680 | +€44,680 | |
| Financial fixed assets | 28 | €357 | €48,588 | +€48,231 | +13494.1% |
| Current assets | 29/58 | €960,798 | €654,582 | -€306,215 | -31.9% |
| Stocks and contracts in progress | 3 | €212,344 | €133,792 | -€78,552 | -37.0% |
| Stocks | 30/36 | €212,344 | €133,792 | -€78,552 | -37.0% |
| Amounts receivable within one year | 40/41 | €489,639 | €28,540 | -€461,099 | -94.2% |
| Trade receivables | 40 | €489,639 | €28,540 | -€461,099 | -94.2% |
| Cash at bank and in hand | 54/58 | €258,815 | €492,251 | +€233,436 | +90.2% |
| Total equity and liabilities | 10/49 | €3,849,276 | €3,641,440 | -€207,836 | -5.4% |
| Equity | 10/15 | €1,546,974 | €1,439,029 | -€107,945 | -7.0% |
| Contributions | 10/11 | €681,707 | €681,707 | = | 0.0% |
| Capital | 10 | €681,707 | €681,707 | = | 0.0% |
| Issued capital | 100 | €681,707 | €681,707 | = | 0.0% |
| Revaluation surpluses | 12 | €472,987 | €472,987 | = | 0.0% |
| Reserves | 13 | €57,192 | €44,996 | -€12,195 | -21.3% |
| Non-distributable reserves | 130/1 | €20,606 | €20,606 | = | 0.0% |
| Legal reserve | 130 | €20,606 | €20,606 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,586 | €24,391 | -€12,195 | -33.3% |
| Profit (loss) carried forward | 14 | €335,089 | €239,339 | -€95,750 | -28.6% |
| Provisions and deferred taxes | 16 | €18,839 | €12,559 | -€6,280 | -33.3% |
| Deferred taxes | 168 | €18,839 | €12,559 | -€6,280 | -33.3% |
| Amounts payable | 17/49 | €2,283,463 | €2,189,852 | -€93,611 | -4.1% |
| Amounts payable after more than one year | 17 | €1,409,057 | €1,336,192 | -€72,865 | -5.2% |
| Financial debts | 170/4 | €1,342,962 | €1,262,962 | -€80,000 | -6.0% |
| Other amounts payable | 178/9 | €66,094 | €73,229 | +€7,135 | +10.8% |
| Amounts payable within one year | 42/48 | €138,064 | €52,431 | -€85,633 | -62.0% |
| Trade debts | 44 | €31,321 | €39,705 | +€8,384 | +26.8% |
| Suppliers | 440/4 | €31,321 | €39,705 | +€8,384 | +26.8% |
| Taxes, remuneration and social security | 45 | €106,030 | €798 | -€105,232 | -99.2% |
| Taxes | 450/3 | €106,030 | €798 | -€105,232 | -99.2% |
| Other amounts payable | 47/48 | €713 | €11,928 | +€11,215 | +1572.5% |
| Accrued charges and deferred income | 492/3 | €736,342 | €801,229 | +€64,887 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550,064 | €498,451 | -€51,613 | -9.4% |
| Other operating charges | 640/8 | €147,522 | €45,606 | -€101,916 | -69.1% |
| Gross operating margin | 9900 | €940,643 | €468,595 | -€472,048 | -50.2% |
| Operating profit (loss) | 9901 | €243,057 | -€75,462 | -€318,519 | |
| Financial income | 75/76B | €56 | - | -€56 | |
| Recurring financial income | 75 | €56 | - | -€56 | |
| Financial charges | 65/66B | €43,188 | €35,670 | -€7,519 | -17.4% |
| Recurring financial charges | 65 | €43,188 | €35,670 | -€7,519 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €199,925 | -€111,132 | -€311,057 | |
| Transfer from deferred taxes | 780 | €6,280 | €6,280 | = | 0.0% |
| Income taxes | 67/77 | €63,342 | €3,093 | -€60,249 | -95.1% |
| Profit (loss) for the period | 9904 | €142,862 | -€107,945 | -€250,808 | |
| Transfer from tax-exempt reserves | 789 | €12,195 | €12,195 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €155,058 | -€95,750 | -€250,808 |
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 6 October 2026 via checked.be.