BERIO: 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
BERIO
NACE 64.210, Activities of holding companies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1.0m
2024 · -€137,362-€895,233
Equity
€13.0m
2024 · €14.0m-€1.0m
Cash
€121,120
2024 · €2.2m-€2.1m
Balance sheet total
€19.6m
2024 · €20.8m-€1.3m
Largest movements
Assets
- Cash -€2.1m
down €2.1m (-94.4%), from €2.2m to €121,120
mainly Investment in fixed assets (net) (-€1.8m) and Net result for the year (-€1.0m)
- Tangible fixed assets +€751,115
up €751,115 (+4.1%), from €18.2m to €19.0m
of which Land and buildings: +€781,461
Equity and liabilities
- Reserves -€1.0m
down €1.0m (-38.8%), from €2.7m to €1.6m
of which Distributable reserves: -€1.0m
- Debts after one year -€225,198
down €225,198 (-4.3%), from €5.2m to €5.0m
of which Financial debts: -€355,865
Income statement
- Gross operating margin -€464,374
down €464,374 (-47.8%), from €970,792 to €506,418
- Depreciation +€371,173
up €371,173 (+52.0%), from €713,277 to €1.1m
- Financial charges +€82,020
up €82,020 (+102.9%), from €79,701 to €161,721
- Staff costs +€54,600
up €54,600 (+40.7%), from €134,076 to €188,675
- Financial income -€12,816
down €12,816 (-76.3%), from €16,799 to €3,983
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.
Result 2024
-€137,362
Gross operating margin
-€464,374
Staff costs
-€54,600
Depreciation
-€371,173
Write-downs
-€3,333
Other operating charges
+€11,539
Other operating items
+€85,000
Financial income
-€12,816
Financial charges
-€82,020
Taxes
-€3,456
Result 2025
-€1.0m
Cash bridge derived
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.
From operations
+€16,599
Investment
-€1.8m
Financing
-€227,605
Cash 2024
€2.2m
From operations (derived)
+€16,599
Net result for the year
-€1.0m
Depreciation
+€1.1m
Receivables after one year
+€10,411
Receivables within one year
+€17,719
Deferred charges and accrued income
-€71,056
Trade debts
-€16,592
Tax, wage and social debts
+€23,843
Smaller working-capital items
+€420
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
-€227,605
Debts after one year
-€225,198
Current portion of long-term debt
-€2,407
Cash 2025
€121,120
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,804,886 | €19,552,355 | -€1.3m | -6.0% |
| Fixed assets | 21/28 | €18,229,580 | €18,989,666 | +€760,086 | +4.2% |
| Intangible fixed assets | 21 | - | €8,971 | +€8,971 | |
| Tangible fixed assets | 22/27 | €18,229,580 | €18,980,695 | +€751,115 | +4.1% |
| Land and buildings | 22 | €18,100,572 | €18,882,034 | +€781,461 | +4.3% |
| Plant, machinery and equipment | 23 | €25,177 | €18,677 | -€6,500 | -25.8% |
| Furniture and vehicles | 24 | €103,830 | €79,984 | -€23,846 | -23.0% |
| Current assets | 29/58 | €2,575,306 | €562,689 | -€2.0m | -78.2% |
| Amounts receivable after more than one year | 29 | €24,308 | €13,897 | -€10,411 | -42.8% |
| Trade receivables | 290 | €24,308 | €13,897 | -€10,411 | -42.8% |
| Stocks and contracts in progress | 3 | €37,227 | €37,227 | = | 0.0% |
| Stocks | 30/36 | €37,227 | €37,227 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €139,074 | €121,355 | -€17,719 | -12.7% |
| Trade receivables | 40 | €24,394 | €12,442 | -€11,951 | -49.0% |
| Other amounts receivable | 41 | €114,681 | €108,913 | -€5,768 | -5.0% |
| Cash at bank and in hand | 54/58 | €2,176,661 | €121,120 | -€2.1m | -94.4% |
| Deferred charges and accrued income | 490/1 | €198,035 | €269,091 | +€71,056 | +35.9% |
| Total equity and liabilities | 10/49 | €20,804,886 | €19,552,355 | -€1.3m | -6.0% |
| Equity | 10/15 | €13,995,739 | €12,963,143 | -€1.0m | -7.4% |
| Contributions | 10/11 | €11,334,690 | €11,334,690 | = | 0.0% |
| Reserves | 13 | €2,661,049 | €1,628,454 | -€1.0m | -38.8% |
| Tax-exempt reserves | 132 | €10,971 | €10,971 | = | 0.0% |
| Distributable reserves | 133 | €2,650,079 | €1,617,483 | -€1.0m | -39.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,809,147 | €6,589,212 | -€219,935 | -3.2% |
| Amounts payable after more than one year | 17 | €5,177,583 | €4,952,385 | -€225,198 | -4.3% |
| Financial debts | 170/4 | €3,910,902 | €3,555,038 | -€355,865 | -9.1% |
| Other amounts payable | 178/9 | €1,266,680 | €1,397,347 | +€130,667 | +10.3% |
| Amounts payable within one year | 42/48 | €1,618,024 | €1,624,067 | +€6,044 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €358,455 | €356,048 | -€2,407 | -0.7% |
| Financial debts | 43 | €1,000,000 | €1,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €130,925 | €114,333 | -€16,592 | -12.7% |
| Suppliers | 440/4 | €130,925 | €114,333 | -€16,592 | -12.7% |
| Advances received on contracts in progress | 46 | - | €1,200 | +€1,200 | |
| Taxes, remuneration and social security | 45 | €17,467 | €41,309 | +€23,843 | +136.5% |
| Taxes | 450/3 | €4,051 | €7,562 | +€3,512 | +86.7% |
| Remuneration and social security | 454/9 | €13,416 | €33,747 | +€20,331 | +151.5% |
| Other amounts payable | 47/48 | €111,177 | €111,177 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €13,540 | €12,760 | -€780 | -5.8% |
| Non-recurring operating income | 76A | €840,354 | €0 | -€840,354 | -100.0% |
| Remuneration, social security and pensions | 62 | €134,076 | €188,675 | +€54,600 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €713,277 | €1,084,450 | +€371,173 | +52.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,333 | +€3,333 | |
| Other operating charges | 640/8 | €112,476 | €100,938 | -€11,539 | -10.3% |
| Non-recurring operating charges | 66A | €85,000 | €0 | -€85,000 | -100.0% |
| Gross operating margin | 9900 | €970,792 | €506,418 | -€464,374 | -47.8% |
| Operating profit (loss) | 9901 | -€74,037 | -€870,979 | -€796,942 | -1076.4% |
| Financial income | 75/76B | €16,799 | €3,983 | -€12,816 | -76.3% |
| Recurring financial income | 75 | €16,799 | €3,983 | -€12,816 | -76.3% |
| Financial charges | 65/66B | €79,701 | €161,721 | +€82,020 | +102.9% |
| Recurring financial charges | 65 | €79,701 | €161,721 | +€82,020 | +102.9% |
| Profit (loss) for the period before taxes | 9903 | -€136,939 | -€1,028,716 | -€891,777 | -651.2% |
| Income taxes | 67/77 | €424 | €3,880 | +€3,456 | +816.0% |
| Profit (loss) for the period | 9904 | -€137,362 | -€1,032,596 | -€895,233 | -651.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€137,362 | -€1,032,596 | -€895,233 | -651.7% |
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 12 October 2026 via checked.be.