Berk & Spar: 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.
Berk & Spar
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€53,257
down €53,257 (-57.8%), from €92,124 to €38,868
mainly Current investments (-€100,000) and Tax, wage and social debts (-€16,138)
- Reserves +€61,439
up €61,439 (+79.2%), from €77,555 to €138,994
- Tax, wage and social debts -€16,138
down €16,138 (-58.1%), from €27,800 to €11,662
of which Taxes: -€18,569
- Gross operating margin -€19,864
down €19,864 (-19.6%), from €101,161 to €81,298
- Taxes -€4,130
down €4,130 (-19.8%), from €20,824 to €16,694
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 | €108,085 | €154,450 | +€46,366 | +42.9% |
| Fixed assets | 21/28 | €1,789 | €1,090 | -€698 | -39.0% |
| Tangible fixed assets | 22/27 | €1,789 | €1,090 | -€698 | -39.0% |
| Furniture and vehicles | 24 | €1,789 | €1,090 | -€698 | -39.0% |
| Current assets | 29/58 | €106,296 | €153,360 | +€47,064 | +44.3% |
| Amounts receivable within one year | 40/41 | €13,721 | €14,288 | +€566 | +4.1% |
| Trade receivables | 40 | €13,721 | €14,288 | +€566 | +4.1% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €92,124 | €38,868 | -€53,257 | -57.8% |
| Deferred charges and accrued income | 490/1 | €450 | €205 | -€246 | -54.5% |
| Total equity and liabilities | 10/49 | €108,085 | €154,450 | +€46,366 | +42.9% |
| Equity | 10/15 | €78,555 | €139,994 | +€61,439 | +78.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €77,555 | €138,994 | +€61,439 | +79.2% |
| Distributable reserves | 133 | €77,555 | €138,994 | +€61,439 | +79.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,530 | €14,457 | -€15,073 | -51.0% |
| Amounts payable within one year | 42/48 | €29,530 | €14,457 | -€15,073 | -51.0% |
| Trade debts | 44 | €1,271 | €1,933 | +€662 | +52.1% |
| Suppliers | 440/4 | €1,271 | €1,933 | +€662 | +52.1% |
| Taxes, remuneration and social security | 45 | €27,800 | €11,662 | -€16,138 | -58.1% |
| Taxes | 450/3 | €27,800 | €9,232 | -€18,569 | -66.8% |
| Remuneration and social security | 454/9 | - | €2,430 | +€2,430 | |
| Other amounts payable | 47/48 | €458 | €862 | +€403 | +88.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €698 | +€392 | +128% |
| Other operating charges | 640/8 | €876 | €666 | -€210 | -23.9% |
| Gross operating margin | 9900 | €101,161 | €81,298 | -€19,864 | -19.6% |
| Operating profit (loss) | 9901 | €99,979 | €79,933 | -€20,046 | -20.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €5 | €200 | +€195 | +3,793% |
| Recurring financial charges | 65 | €5 | €200 | +€195 | +3,793% |
| Profit (loss) for the period before taxes | 9903 | €99,979 | €79,733 | -€20,246 | -20.3% |
| Income taxes | 67/77 | €20,824 | €16,694 | -€4,130 | -19.8% |
| Profit (loss) for the period | 9904 | €79,155 | €63,039 | -€16,116 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,155 | €63,039 | -€16,116 | -20.4% |
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 14 October 2026 via checked.be.