BERFIN-TRANS: 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.
BERFIN-TRANS
Largest movements
- Receivables within one year -€139,864
down €139,864 (-39.9%), from €350,722 to €210,858
of which Other amounts receivable: -€116,063
- Tangible fixed assets -€92,921
down €92,921 (-22.6%), from €410,845 to €317,924
of which Leasing and similar rights: -€89,668
- Deferred charges and accrued income -€15,682
down €15,682 (-47.2%), from €33,239 to €17,557
- Profit (loss) carried forward -€116,919
down €116,919 (-148%), from -€78,912 to -€195,831
- Debts after one year -€82,765
down €82,765 (-28.0%), from €295,187 to €212,422
- Tax, wage and social debts -€28,263
down €28,263 (-53.0%), from €53,322 to €25,060
of which Remuneration and social security: -€24,042
- Trade debts -€13,159
down €13,159 (-13.8%), from €95,169 to €82,009
- Other debts -€10,000
down €10,000 (-5.0%), from €200,000 to €190,000
- Staff costs -€135,631
down €135,631 (-39.1%), from €346,850 to €211,219
- Gross operating margin -€101,975
down €101,975 (-31.5%), from €324,101 to €222,126
- Depreciation +€45,652
up €45,652 (+96.6%), from €47,268 to €92,921
- Other operating charges -€7,628
down €7,628 (-57.7%), from €13,219 to €5,591
- Taxes +€7,395
up €7,395 (+2,381%), from €311 to €7,706
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 | €803,314 | €547,236 | -€256,078 | -31.9% |
| Fixed assets | 21/28 | €411,028 | €318,108 | -€92,921 | -22.6% |
| Tangible fixed assets | 22/27 | €410,845 | €317,924 | -€92,921 | -22.6% |
| Plant, machinery and equipment | 23 | €283 | €48 | -€235 | -83.1% |
| Furniture and vehicles | 24 | €9,248 | €6,230 | -€3,018 | -32.6% |
| Leasing and similar rights | 25 | €401,314 | €311,647 | -€89,668 | -22.3% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €392,285 | €229,128 | -€163,157 | -41.6% |
| Amounts receivable within one year | 40/41 | €350,722 | €210,858 | -€139,864 | -39.9% |
| Trade receivables | 40 | €128,459 | €104,658 | -€23,800 | -18.5% |
| Other amounts receivable | 41 | €222,263 | €106,200 | -€116,063 | -52.2% |
| Cash at bank and in hand | 54/58 | €8,325 | €713 | -€7,612 | -91.4% |
| Deferred charges and accrued income | 490/1 | €33,239 | €17,557 | -€15,682 | -47.2% |
| Total equity and liabilities | 10/49 | €803,314 | €547,236 | -€256,078 | -31.9% |
| Equity | 10/15 | €33,704 | -€83,214 | -€116,919 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,017 | €94,017 | = | 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% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €73,407 | €73,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,912 | -€195,831 | -€116,919 | -148% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €769,610 | €630,450 | -€139,159 | -18.1% |
| Amounts payable after more than one year | 17 | €295,187 | €212,422 | -€82,765 | -28.0% |
| Financial debts | 170/4 | €295,187 | €212,422 | -€82,765 | -28.0% |
| Amounts payable within one year | 42/48 | €469,554 | €413,226 | -€56,329 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €96,063 | €91,157 | -€4,906 | -5.1% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €95,169 | €82,009 | -€13,159 | -13.8% |
| Suppliers | 440/4 | €95,169 | €82,009 | -€13,159 | -13.8% |
| Taxes, remuneration and social security | 45 | €53,322 | €25,060 | -€28,263 | -53.0% |
| Taxes | 450/3 | €7,756 | €3,535 | -€4,221 | -54.4% |
| Remuneration and social security | 454/9 | €45,566 | €21,524 | -€24,042 | -52.8% |
| Other amounts payable | 47/48 | €200,000 | €190,000 | -€10,000 | -5.0% |
| Accrued charges and deferred income | 492/3 | €4,868 | €4,802 | -€66 | -1.4% |
| Non-recurring operating income | 76A | €27,955 | - | -€27,955 | |
| Remuneration, social security and pensions | 62 | €346,850 | €211,219 | -€135,631 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,268 | €92,921 | +€45,652 | +96.6% |
| Other operating charges | 640/8 | €13,219 | €5,591 | -€7,628 | -57.7% |
| Gross operating margin | 9900 | €324,101 | €222,126 | -€101,975 | -31.5% |
| Operating profit (loss) | 9901 | -€83,237 | -€87,605 | -€4,368 | -5.2% |
| Financial income | 75/76B | €9,478 | €3,988 | -€5,490 | -57.9% |
| Recurring financial income | 75 | €9,478 | €3,988 | -€5,490 | -57.9% |
| Financial charges | 65/66B | €25,555 | €25,596 | +€41 | +0.2% |
| Recurring financial charges | 65 | €25,555 | €25,596 | +€41 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€99,314 | -€109,213 | -€9,899 | -10.0% |
| Transfer from deferred taxes | 780 | €5,178 | - | -€5,178 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €311 | €7,706 | +€7,395 | +2,381% |
| Profit (loss) for the period | 9904 | -€94,447 | -€116,919 | -€22,472 | -23.8% |
| Transfer from tax-exempt reserves | 789 | €15,534 | - | -€15,534 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,912 | -€116,919 | -€38,006 | -48.2% |
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 21 October 2026 via checked.be.