BERFIN: 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.
BERFIN
Largest movements
- Receivables within one year -€44,044
down €44,044 (-78.2%), from €56,340 to €12,297
of which Trade receivables: -€41,649
- Tangible fixed assets +€6,807
up €6,807 (+1958.4%), from €348 to €7,155
- Cash -€6,411
down €6,411 (-79.7%), from €8,045 to €1,635
mainly Trade debts (-€41,021) and Net result for the year (-€12,242)
- Stocks and contracts -€5,774
down €5,774 (-21.7%), from €26,606 to €20,831
- Financial fixed assets +€1,727
up €1,727 (+19.2%), from €9,000 to €10,727
- Trade debts -€41,021
down €41,021 (-73.6%), from €55,721 to €14,700
- Profit (loss) carried forward -€12,242
down €12,242 (-30.1%), from €40,729 to €28,487
- Tax, wage and social debts +€5,618
up €5,618 (+174.7%), from €3,216 to €8,834
- Purchases and services +€15,838
up €15,838 (+3.3%), from €476,295 to €492,133
- Gross operating margin -€15,492
down €15,492 (-82.2%), from €18,847 to €3,356
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,525 | €53,881 | -€47,645 | -46.9% |
| Fixed assets | 21/28 | €9,348 | €17,882 | +€8,534 | +91.3% |
| Tangible fixed assets | 22/27 | €348 | €7,155 | +€6,807 | +1958.4% |
| Furniture and vehicles | 24 | €348 | €7,155 | +€6,807 | +1958.4% |
| Financial fixed assets | 28 | €9,000 | €10,727 | +€1,727 | +19.2% |
| Current assets | 29/58 | €92,178 | €35,999 | -€56,179 | -60.9% |
| Stocks and contracts in progress | 3 | €26,606 | €20,831 | -€5,774 | -21.7% |
| Stocks | 30/36 | €26,606 | €20,831 | -€5,774 | -21.7% |
| Amounts receivable within one year | 40/41 | €56,340 | €12,297 | -€44,044 | -78.2% |
| Trade receivables | 40 | €41,649 | - | -€41,649 | |
| Other amounts receivable | 41 | €14,691 | €12,297 | -€2,394 | -16.3% |
| Cash at bank and in hand | 54/58 | €8,045 | €1,635 | -€6,411 | -79.7% |
| Deferred charges and accrued income | 490/1 | €1,187 | €1,236 | +€50 | +4.2% |
| Total equity and liabilities | 10/49 | €101,525 | €53,881 | -€47,645 | -46.9% |
| Equity | 10/15 | €42,589 | €30,347 | -€12,242 | -28.7% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,729 | €28,487 | -€12,242 | -30.1% |
| Amounts payable | 17/49 | €58,937 | €23,534 | -€35,403 | -60.1% |
| Amounts payable within one year | 42/48 | €58,937 | €23,534 | -€35,403 | -60.1% |
| Trade debts | 44 | €55,721 | €14,700 | -€41,021 | -73.6% |
| Suppliers | 440/4 | €55,721 | €14,700 | -€41,021 | -73.6% |
| Taxes, remuneration and social security | 45 | €3,216 | €8,834 | +€5,618 | +174.7% |
| Taxes | 450/3 | €3,216 | €8,834 | +€5,618 | +174.7% |
| Turnover | 70 | €491,786 | €491,251 | -€535 | -0.1% |
| Non-recurring operating income | 76A | - | €717 | +€717 | |
| Goods, raw materials, services and sundry goods | 60/61 | €476,295 | €492,133 | +€15,838 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €1,075 | +€902 | +518.8% |
| Other operating charges | 640/8 | €4,413 | €2,583 | -€1,830 | -41.5% |
| Gross operating margin | 9900 | €18,847 | €3,356 | -€15,492 | -82.2% |
| Operating profit (loss) | 9901 | €14,261 | -€303 | -€14,564 | |
| Financial charges | 65/66B | €5,923 | €6,413 | +€490 | +8.3% |
| Recurring financial charges | 65 | €55 | €608 | +€553 | +1004.2% |
| Non-recurring financial charges | 66B | €5,868 | €5,805 | -€64 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €8,337 | -€6,716 | -€15,053 | |
| Income taxes | 67/77 | €1,470 | €5,526 | +€4,056 | +276.0% |
| Profit (loss) for the period | 9904 | €6,867 | -€12,242 | -€19,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,867 | -€12,242 | -€19,109 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.