BERHAN: 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.
BERHAN
Largest movements
- Receivables within one year -€66,527
down €66,527 (-62.0%), from €107,220 to €40,692
of which Other amounts receivable: -€83,920
- Cash +€36,724
up €36,724 (+30.7%), from €119,558 to €156,281
mainly Receivables within one year (+€66,527) and Deferred charges and accrued income (+€5,459)
- Deferred charges and accrued income -€5,459
down €5,459 (-71.0%), from €7,686 to €2,227
- Tangible fixed assets -€4,788
down €4,788 (-40.0%), from €11,979 to €7,191
of which Plant, machinery and equipment: -€4,149
- Stocks and contracts -€3,539
down €3,539 (-21.9%), from €16,158 to €12,619
- Profit (loss) carried forward -€41,253
down €41,253, from €26,048 to -€15,205
- Tax, wage and social debts -€5,410
down €5,410 (-12.3%), from €43,902 to €38,492
of which Taxes: -€3,067
- Trade debts +€5,204
up €5,204 (+7.8%), from €66,328 to €71,532
- Accrued charges and deferred income -€3,964
down €3,964 (-70.2%), from €5,649 to €1,685
- Gross operating margin -€66,248
down €66,248 (-47.1%), from €140,749 to €74,501
- Staff costs -€18,816
down €18,816 (-16.6%), from €113,241 to €94,426
- Financial charges +€2,275
up €2,275 (+45.3%), from €5,025 to €7,300
- Taxes -€2,267
down €2,267 (-100%), from €2,267 to €0
- Other operating charges -€2,189
down €2,189 (-18.0%), from €12,154 to €9,966
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 | €264,582 | €220,993 | -€43,589 | -16.5% |
| Fixed assets | 21/28 | €13,962 | €9,174 | -€4,788 | -34.3% |
| Tangible fixed assets | 22/27 | €11,979 | €7,191 | -€4,788 | -40.0% |
| Plant, machinery and equipment | 23 | €10,533 | €6,384 | -€4,149 | -39.4% |
| Furniture and vehicles | 24 | €1,446 | €807 | -€639 | -44.2% |
| Financial fixed assets | 28 | €1,983 | €1,983 | = | 0.0% |
| Current assets | 29/58 | €250,620 | €211,819 | -€38,801 | -15.5% |
| Stocks and contracts in progress | 3 | €16,158 | €12,619 | -€3,539 | -21.9% |
| Stocks | 30/36 | €16,158 | €12,619 | -€3,539 | -21.9% |
| Amounts receivable within one year | 40/41 | €107,220 | €40,692 | -€66,527 | -62.0% |
| Trade receivables | 40 | €21,489 | €38,881 | +€17,392 | +80.9% |
| Other amounts receivable | 41 | €85,730 | €1,811 | -€83,920 | -97.9% |
| Cash at bank and in hand | 54/58 | €119,558 | €156,281 | +€36,724 | +30.7% |
| Deferred charges and accrued income | 490/1 | €7,686 | €2,227 | -€5,459 | -71.0% |
| Total equity and liabilities | 10/49 | €264,582 | €220,993 | -€43,589 | -16.5% |
| Equity | 10/15 | €136,189 | €94,936 | -€41,253 | -30.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,541 | €91,541 | = | 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% |
| Distributable reserves | 133 | €89,681 | €89,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,048 | -€15,205 | -€41,253 | |
| Amounts payable | 17/49 | €128,393 | €126,057 | -€2,336 | -1.8% |
| Amounts payable within one year | 42/48 | €122,745 | €124,372 | +€1,628 | +1.3% |
| Trade debts | 44 | €66,328 | €71,532 | +€5,204 | +7.8% |
| Suppliers | 440/4 | €66,328 | €71,532 | +€5,204 | +7.8% |
| Taxes, remuneration and social security | 45 | €43,902 | €38,492 | -€5,410 | -12.3% |
| Taxes | 450/3 | €23,791 | €20,724 | -€3,067 | -12.9% |
| Remuneration and social security | 454/9 | €20,111 | €17,768 | -€2,343 | -11.7% |
| Other amounts payable | 47/48 | €12,514 | €14,348 | +€1,834 | +14.7% |
| Accrued charges and deferred income | 492/3 | €5,649 | €1,685 | -€3,964 | -70.2% |
| Remuneration, social security and pensions | 62 | €113,241 | €94,426 | -€18,816 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,170 | €4,788 | -€1,382 | -22.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €439 | €0 | -€439 | -100% |
| Other operating charges | 640/8 | €12,154 | €9,966 | -€2,189 | -18.0% |
| Gross operating margin | 9900 | €140,749 | €74,501 | -€66,248 | -47.1% |
| Operating profit (loss) | 9901 | €8,744 | -€34,679 | -€43,423 | |
| Financial income | 75/76B | €128 | €725 | +€597 | +466% |
| Recurring financial income | 75 | €128 | €725 | +€597 | +466% |
| Financial charges | 65/66B | €5,025 | €7,300 | +€2,275 | +45.3% |
| Recurring financial charges | 65 | €5,025 | €7,300 | +€2,275 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €3,848 | -€41,253 | -€45,101 | |
| Income taxes | 67/77 | €2,267 | €0 | -€2,267 | -100% |
| Profit (loss) for the period | 9904 | €1,581 | -€41,253 | -€42,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,581 | -€41,253 | -€42,834 |
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 17 October 2026 via checked.be.