BERIMCO: 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.
What changed
BERIMCO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€169,066
2025 · €55,146+€113,920
Equity
€531,039
2025 · €361,973+€169,066
Cash
€56,453
2025 · €485,963-€429,510
Balance sheet total
€1.6m
2025 · €1.8m-€197,796
Largest movements
Assets
- Cash -€429,510
down €429,510 (-88.4%), from €485,963 to €56,453
mainly Accrued charges and deferred income (-€317,648) and Receivables within one year (-€155,666)
- Receivables within one year +€155,666
up €155,666 (+14.5%), from €1.1m to €1.2m
of which Other amounts receivable: +€155,666
- Stocks and contracts +€88,170
up €88,170 (+51.0%), from €172,853 to €261,023
Equity and liabilities
- Accrued charges and deferred income -€317,648
down €317,648 (-100%), from €317,648 to €0
- Profit (loss) carried forward +€169,066
up €169,066, from -€51,429 to €117,637
- Trade debts -€39,425
down €39,425 (-20.9%), from €188,425 to €149,001
Income statement
- Gross operating margin +€121,427
up €121,427 (+169%), from €71,985 to €193,412
- Taxes +€3,958
up €3,958, from €0 to €3,958
- Financial income -€3,399
down €3,399 (-90.7%), from €3,746 to €347
From the 2025 result to the 2026 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.
Result 2025
€55,146
Gross operating margin
+€121,427
Other operating charges
+€159
Financial income
-€3,399
Financial charges
-€309
Taxes
-€3,958
Result 2026
€169,066
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€419,314
Investment
€0
Financing
-€10,196
Cash 2025
€485,963
From operations (derived)
-€419,314
Net result for the year
+€169,066
Depreciation
+€11,045
Stocks and contracts
-€88,170
Receivables within one year
-€155,666
Deferred charges and accrued income
+€1,076
Trade debts
-€39,425
Tax, wage and social debts
+€3,958
Other debts
-€3,551
Accrued charges and deferred income
-€317,648
Financing
-€10,196
Debts after one year
-€10,760
Current portion of long-term debt
+€460
Short-term financial debts
+€104
Cash 2026
€56,453
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,787,823 | €1,590,027 | -€197,796 | -11.1% |
| Formation expenses | 20 | €341 | €341 | = | 0.0% |
| Fixed assets | 21/28 | €35,722 | €24,677 | -€11,045 | -30.9% |
| Tangible fixed assets | 22/27 | €35,722 | €24,677 | -€11,045 | -30.9% |
| Plant, machinery and equipment | 23 | €4,360 | €2,429 | -€1,931 | -44.3% |
| Furniture and vehicles | 24 | €31,362 | €22,248 | -€9,114 | -29.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,751,760 | €1,565,009 | -€186,751 | -10.7% |
| Stocks and contracts in progress | 3 | €172,853 | €261,023 | +€88,170 | +51.0% |
| Contracts in progress | 37 | €172,853 | €261,023 | +€88,170 | +51.0% |
| Amounts receivable within one year | 40/41 | €1,075,505 | €1,231,171 | +€155,666 | +14.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,075,505 | €1,231,171 | +€155,666 | +14.5% |
| Cash at bank and in hand | 54/58 | €485,963 | €56,453 | -€429,510 | -88.4% |
| Deferred charges and accrued income | 490/1 | €17,439 | €16,363 | -€1,076 | -6.2% |
| Total equity and liabilities | 10/49 | €1,787,823 | €1,590,027 | -€197,796 | -11.1% |
| Equity | 10/15 | €361,973 | €531,039 | +€169,066 | +46.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €351,402 | €351,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,202 | €5,202 | = | 0.0% |
| Distributable reserves | 133 | €340,000 | €340,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,429 | €117,637 | +€169,066 | |
| Provisions and deferred taxes | 16 | €143,435 | €143,435 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €143,435 | €143,435 | = | 0.0% |
| Other liabilities and charges | 164/5 | €143,435 | €143,435 | = | 0.0% |
| Amounts payable | 17/49 | €1,282,415 | €915,553 | -€366,862 | -28.6% |
| Amounts payable after more than one year | 17 | €16,319 | €5,559 | -€10,760 | -65.9% |
| Financial debts | 170/4 | €16,319 | €5,559 | -€10,760 | -65.9% |
| Amounts payable within one year | 42/48 | €948,448 | €909,994 | -€38,454 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €10,301 | €10,760 | +€460 | +4.5% |
| Financial debts | 43 | - | €104 | +€104 | |
| Credit institutions | 430/8 | - | €104 | +€104 | |
| Trade debts | 44 | €188,425 | €149,001 | -€39,425 | -20.9% |
| Suppliers | 440/4 | €188,425 | €149,001 | -€39,425 | -20.9% |
| Taxes, remuneration and social security | 45 | €0 | €3,958 | +€3,958 | |
| Taxes | 450/3 | €0 | €3,958 | +€3,958 | |
| Other amounts payable | 47/48 | €749,722 | €746,170 | -€3,551 | -0.5% |
| Accrued charges and deferred income | 492/3 | €317,648 | €0 | -€317,648 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,045 | €11,045 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €6,901 | €6,742 | -€159 | -2.3% |
| Gross operating margin | 9900 | €71,985 | €193,412 | +€121,427 | +169% |
| Operating profit (loss) | 9901 | €54,039 | €175,625 | +€121,586 | +225% |
| Financial income | 75/76B | €3,746 | €347 | -€3,399 | -90.7% |
| Recurring financial income | 75 | €3,746 | €347 | -€3,399 | -90.7% |
| Financial charges | 65/66B | €2,639 | €2,948 | +€309 | +11.7% |
| Recurring financial charges | 65 | €2,639 | €2,948 | +€309 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €55,146 | €173,024 | +€117,879 | +214% |
| Income taxes | 67/77 | €0 | €3,958 | +€3,958 | |
| Profit (loss) for the period | 9904 | €55,146 | €169,066 | +€113,920 | +207% |
| Profit (loss) for the period to be appropriated | 9905 | €55,146 | €169,066 | +€113,920 | +207% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.