BERJAN: 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.
BERJAN
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+1168.3%), from €112,899 to €1.4m
of which Plant, machinery and equipment: +€768,999
- Cash +€265,074
up €265,074 (+65.0%), from €407,689 to €672,763
mainly Debts after one year (+€1.2m) and Trade debts (+€275,841)
- Stocks and contracts -€194,018
down €194,018 (-43.2%), from €449,379 to €255,362
- Debts after one year +€1.2m
new in 2025: €1.2m
- Trade debts +€275,841
up €275,841 (+59.9%), from €460,625 to €736,466
- Current portion of long-term debt +€200,000
new in 2025: €200,000
- Reserves -€132,638
down €132,638 (-10.2%), from €1.3m to €1.2m
- Other debts -€97,517
down €97,517 (-80.5%), from €121,135 to €23,617
- Gross operating margin -€352,373
down €352,373 (-32.3%), from €1.1m to €739,236
- Taxes -€138,032
down €138,032 (-99.8%), from €138,247 to €215
- Other operating charges +€87,792
up €87,792 (+918.6%), from €9,558 to €97,350
- Staff costs +€63,739
up €63,739 (+9.0%), from €709,476 to €773,216
- Financial income +€37,065
up €37,065 (+320.6%), from €11,561 to €48,626
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,188,342 | €3,581,361 | +€1.4m | +63.7% |
| Fixed assets | 21/28 | €117,360 | €1,436,310 | +€1.3m | +1123.9% |
| Tangible fixed assets | 22/27 | €112,899 | €1,431,849 | +€1.3m | +1168.3% |
| Plant, machinery and equipment | 23 | €85,526 | €854,525 | +€768,999 | +899.1% |
| Other tangible fixed assets | 26 | €27,373 | €577,324 | +€549,951 | +2009.1% |
| Financial fixed assets | 28 | €4,461 | €4,461 | = | 0.0% |
| Current assets | 29/58 | €2,070,982 | €2,145,051 | +€74,069 | +3.6% |
| Stocks and contracts in progress | 3 | €449,379 | €255,362 | -€194,018 | -43.2% |
| Stocks | 30/36 | €449,379 | €255,362 | -€194,018 | -43.2% |
| Amounts receivable within one year | 40/41 | €407,931 | €432,690 | +€24,759 | +6.1% |
| Trade receivables | 40 | €109,361 | €131,688 | +€22,327 | +20.4% |
| Other amounts receivable | 41 | €298,570 | €301,003 | +€2,433 | +0.8% |
| Current investments | 50/53 | €798,378 | €776,714 | -€21,665 | -2.7% |
| Cash at bank and in hand | 54/58 | €407,689 | €672,763 | +€265,074 | +65.0% |
| Deferred charges and accrued income | 490/1 | €7,605 | €7,523 | -€82 | -1.1% |
| Total equity and liabilities | 10/49 | €2,188,342 | €3,581,361 | +€1.4m | +63.7% |
| Equity | 10/15 | €1,456,003 | €1,323,365 | -€132,638 | -9.1% |
| Contributions | 10/11 | €154,933 | €154,933 | = | 0.0% |
| Reserves | 13 | €1,301,069 | €1,168,432 | -€132,638 | -10.2% |
| Distributable reserves | 133 | €1,301,069 | €1,168,432 | -€132,638 | -10.2% |
| Amounts payable | 17/49 | €732,339 | €2,257,996 | +€1.5m | +208.3% |
| Amounts payable after more than one year | 17 | - | €1,180,085 | +€1.2m | |
| Financial debts | 170/4 | - | €1,180,085 | +€1.2m | |
| Amounts payable within one year | 42/48 | €732,339 | €1,077,911 | +€345,572 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | - | €200,000 | +€200,000 | |
| Financial debts | 43 | - | €1,107 | +€1,107 | |
| Credit institutions | 430/8 | - | €1,107 | +€1,107 | |
| Trade debts | 44 | €460,625 | €736,466 | +€275,841 | +59.9% |
| Suppliers | 440/4 | €460,625 | €736,466 | +€275,841 | +59.9% |
| Taxes, remuneration and social security | 45 | €150,579 | €116,720 | -€33,859 | -22.5% |
| Taxes | 450/3 | €36,137 | €0 | -€36,137 | -100.0% |
| Remuneration and social security | 454/9 | €114,442 | €116,720 | +€2,278 | +2.0% |
| Other amounts payable | 47/48 | €121,135 | €23,617 | -€97,517 | -80.5% |
| Remuneration, social security and pensions | 62 | €709,476 | €773,216 | +€63,739 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,505 | €25,465 | -€8,041 | -24.0% |
| Other operating charges | 640/8 | €9,558 | €97,350 | +€87,792 | +918.6% |
| Gross operating margin | 9900 | €1,091,608 | €739,236 | -€352,373 | -32.3% |
| Operating profit (loss) | 9901 | €339,069 | -€156,794 | -€495,864 | |
| Financial income | 75/76B | €11,561 | €48,626 | +€37,065 | +320.6% |
| Recurring financial income | 75 | €11,561 | €48,626 | +€37,065 | +320.6% |
| Financial charges | 65/66B | €26,910 | €24,255 | -€2,655 | -9.9% |
| Recurring financial charges | 65 | €26,910 | €24,255 | -€2,655 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €323,721 | -€132,423 | -€456,144 | |
| Income taxes | 67/77 | €138,247 | €215 | -€138,032 | -99.8% |
| Profit (loss) for the period | 9904 | €185,474 | -€132,638 | -€318,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €185,474 | -€132,638 | -€318,112 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.