BERFON: 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.
BERFON
Largest movements
- Tangible fixed assets -€11,698
down €11,698 (-24.8%), from €47,217 to €35,519
of which Furniture and vehicles: -€10,701
- Cash +€9,739
up €9,739 (+9.1%), from €107,425 to €117,164
mainly Depreciation (+€11,467) and Net result for the year (+€10,877)
- Receivables within one year +€7,081
up €7,081 (+122.4%), from €5,788 to €12,869
of which Other amounts receivable: +€6,701
- Deferred charges and accrued income +€2,779
up €2,779 (+420.5%), from €661 to €3,440
- Reserves +€10,000
up €10,000 (+5.9%), from €169,537 to €179,537
- Tax, wage and social debts -€4,416
down €4,416 (-29.8%), from €14,811 to €10,396
of which Taxes: -€8,274
- Gross operating margin -€49,633
down €49,633 (-53.5%), from €92,714 to €43,081
- Taxes -€16,975
down €16,975 (-78.7%), from €21,575 to €4,600
- Staff costs +€11,425
new in 2024: €11,425
- Depreciation +€3,185
up €3,185 (+38.4%), from €8,283 to €11,467
- Write-downs +€1,711
up €1,711 (+84.0%), from €2,038 to €3,749
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 | €267,256 | €275,365 | +€8,109 | +3.0% |
| Fixed assets | 21/28 | €81,067 | €69,369 | -€11,698 | -14.4% |
| Tangible fixed assets | 22/27 | €47,217 | €35,519 | -€11,698 | -24.8% |
| Furniture and vehicles | 24 | €44,366 | €33,664 | -€10,701 | -24.1% |
| Other tangible fixed assets | 26 | €2,852 | €1,855 | -€997 | -35.0% |
| Financial fixed assets | 28 | €33,850 | €33,850 | = | 0.0% |
| Current assets | 29/58 | €186,189 | €205,996 | +€19,807 | +10.6% |
| Stocks and contracts in progress | 3 | €72,315 | €72,523 | +€208 | +0.3% |
| Stocks | 30/36 | €72,315 | €72,523 | +€208 | +0.3% |
| Amounts receivable within one year | 40/41 | €5,788 | €12,869 | +€7,081 | +122.4% |
| Trade receivables | 40 | €1,256 | €1,636 | +€380 | +30.3% |
| Other amounts receivable | 41 | €4,532 | €11,233 | +€6,701 | +147.9% |
| Cash at bank and in hand | 54/58 | €107,425 | €117,164 | +€9,739 | +9.1% |
| Deferred charges and accrued income | 490/1 | €661 | €3,440 | +€2,779 | +420.5% |
| Total equity and liabilities | 10/49 | €267,256 | €275,365 | +€8,109 | +3.0% |
| Equity | 10/15 | €226,213 | €237,090 | +€10,877 | +4.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €169,537 | €179,537 | +€10,000 | +5.9% |
| Distributable reserves | 133 | €169,537 | €179,537 | +€10,000 | +5.9% |
| Profit (loss) carried forward | 14 | €36,216 | €37,093 | +€877 | +2.4% |
| Amounts payable | 17/49 | €41,043 | €38,275 | -€2,769 | -6.7% |
| Amounts payable within one year | 42/48 | €25,483 | €21,473 | -€4,010 | -15.7% |
| Trade debts | 44 | €9,612 | €11,077 | +€1,465 | +15.2% |
| Suppliers | 440/4 | €9,612 | €11,077 | +€1,465 | +15.2% |
| Taxes, remuneration and social security | 45 | €14,811 | €10,396 | -€4,416 | -29.8% |
| Taxes | 450/3 | €9,919 | €1,645 | -€8,274 | -83.4% |
| Remuneration and social security | 454/9 | €4,892 | €8,751 | +€3,858 | +78.9% |
| Other amounts payable | 47/48 | €1,059 | - | -€1,059 | |
| Accrued charges and deferred income | 492/3 | €15,560 | €16,802 | +€1,242 | +8.0% |
| Remuneration, social security and pensions | 62 | - | €11,425 | +€11,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,283 | €11,467 | +€3,185 | +38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,038 | €3,749 | +€1,711 | +84.0% |
| Other operating charges | 640/8 | €1,441 | €2,160 | +€719 | +49.9% |
| Gross operating margin | 9900 | €92,714 | €43,081 | -€49,633 | -53.5% |
| Operating profit (loss) | 9901 | €80,952 | €14,280 | -€66,672 | -82.4% |
| Financial income | 75/76B | €2,753 | €2,637 | -€115 | -4.2% |
| Recurring financial income | 75 | €2,753 | €2,637 | -€115 | -4.2% |
| Financial charges | 65/66B | €1,776 | €1,440 | -€336 | -18.9% |
| Recurring financial charges | 65 | €1,776 | €1,440 | -€336 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €81,929 | €15,477 | -€66,452 | -81.1% |
| Income taxes | 67/77 | €21,575 | €4,600 | -€16,975 | -78.7% |
| Profit (loss) for the period | 9904 | €60,354 | €10,877 | -€49,476 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,354 | €10,877 | -€49,476 | -82.0% |
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 30 September 2026 via checked.be.