BERGER - DRAYE: 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.
BERGER - DRAYE
Largest movements
- Receivables within one year -€19,024
down €19,024 (-22.6%), from €84,191 to €65,167
of which Trade receivables: -€27,765
- Tangible fixed assets -€14,115
down €14,115 (-47.7%), from €29,571 to €15,456
of which Furniture and vehicles: -€14,396
- Stocks and contracts +€4,010
up €4,010 (+4.3%), from €93,172 to €97,182
- Advances received -€11,153
no longer reported in 2025 (was €11,153)
- Current portion of long-term debt -€6,878
down €6,878 (-54.7%), from €12,577 to €5,700
- Trade debts -€6,710
down €6,710 (-16.2%), from €41,408 to €34,698
- Other debts -€5,946
down €5,946 (-15.4%), from €38,608 to €32,662
- Debts after one year -€5,700
down €5,700 (-44.2%), from €12,902 to €7,203
- Gross operating margin +€14,846
up €14,846 (+91.8%), from €16,170 to €31,016
- Other operating charges +€3,898
up €3,898 (+93.7%), from €4,161 to €8,059
- Financial income -€3,407
no longer reported in 2025 (was €3,407)
- Depreciation -€1,936
down €1,936 (-11.0%), from €17,551 to €15,615
- Financial charges +€934
up €934 (+26.6%), from €3,510 to €4,444
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 | €270,208 | €239,441 | -€30,768 | -11.4% |
| Fixed assets | 21/28 | €29,571 | €15,456 | -€14,115 | -47.7% |
| Tangible fixed assets | 22/27 | €29,571 | €15,456 | -€14,115 | -47.7% |
| Plant, machinery and equipment | 23 | €2,522 | €2,804 | +€281 | +11.2% |
| Furniture and vehicles | 24 | €27,048 | €12,652 | -€14,396 | -53.2% |
| Current assets | 29/58 | €240,637 | €223,984 | -€16,653 | -6.9% |
| Stocks and contracts in progress | 3 | €93,172 | €97,182 | +€4,010 | +4.3% |
| Stocks | 30/36 | €93,172 | €97,182 | +€4,010 | +4.3% |
| Amounts receivable within one year | 40/41 | €84,191 | €65,167 | -€19,024 | -22.6% |
| Trade receivables | 40 | €76,039 | €48,274 | -€27,765 | -36.5% |
| Other amounts receivable | 41 | €8,152 | €16,894 | +€8,742 | +107% |
| Cash at bank and in hand | 54/58 | €61,448 | €59,880 | -€1,568 | -2.6% |
| Deferred charges and accrued income | 490/1 | €1,826 | €1,755 | -€71 | -3.9% |
| Total equity and liabilities | 10/49 | €270,208 | €239,441 | -€30,768 | -11.4% |
| Equity | 10/15 | €149,170 | €151,377 | +€2,207 | +1.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €121,500 | €121,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €121,500 | €121,500 | = | 0.0% |
| Other | 1319 | €121,500 | €121,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,670 | €14,877 | +€2,207 | +17.4% |
| Amounts payable | 17/49 | €121,038 | €88,064 | -€32,974 | -27.2% |
| Amounts payable after more than one year | 17 | €12,902 | €7,203 | -€5,700 | -44.2% |
| Financial debts | 170/4 | €12,902 | €7,203 | -€5,700 | -44.2% |
| Amounts payable within one year | 42/48 | €108,135 | €80,668 | -€27,467 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €12,577 | €5,700 | -€6,878 | -54.7% |
| Trade debts | 44 | €41,408 | €34,698 | -€6,710 | -16.2% |
| Suppliers | 440/4 | €41,408 | €34,698 | -€6,710 | -16.2% |
| Advances received on contracts in progress | 46 | €11,153 | - | -€11,153 | |
| Taxes, remuneration and social security | 45 | €4,388 | €7,608 | +€3,220 | +73.4% |
| Taxes | 450/3 | €4,388 | €7,608 | +€3,220 | +73.4% |
| Other amounts payable | 47/48 | €38,608 | €32,662 | -€5,946 | -15.4% |
| Accrued charges and deferred income | 492/3 | - | €193 | +€193 | |
| Non-recurring operating income | 76A | - | €39 | +€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,551 | €15,615 | -€1,936 | -11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €549 | +€549 | |
| Other operating charges | 640/8 | €4,161 | €8,059 | +€3,898 | +93.7% |
| Gross operating margin | 9900 | €16,170 | €31,016 | +€14,846 | +91.8% |
| Operating profit (loss) | 9901 | -€5,542 | €6,793 | +€12,335 | |
| Financial income | 75/76B | €3,407 | - | -€3,407 | |
| Recurring financial income | 75 | €3,407 | - | -€3,407 | |
| Financial charges | 65/66B | €3,510 | €4,444 | +€934 | +26.6% |
| Recurring financial charges | 65 | €3,510 | €4,444 | +€934 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,645 | €2,349 | +€7,995 | |
| Income taxes | 67/77 | €969 | €143 | -€826 | -85.3% |
| Profit (loss) for the period | 9904 | -€6,614 | €2,207 | +€8,821 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,614 | €2,207 | +€8,821 |
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 18 October 2026 via checked.be.