BERKAY: what changed
Two fiscal 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.
BERKAY
Largest movements
- Cash -€14,420
down €14,420 (-30.5%), from €47,219 to €32,799
mainly Debts after one year (-€12,301) and Receivables within one year (-€8,948)
- Receivables within one year +€8,948
up €8,948 (+10.4%), from €85,700 to €94,648
of which Other amounts receivable: +€8,000
- Tangible fixed assets -€6,626
down €6,626 (-19.5%), from €34,028 to €27,402
- Debts after one year -€12,301
down €12,301 (-52.3%), from €23,510 to €11,209
- Profit (loss) carried forward +€2,282
up €2,282 (+2.0%), from €111,890 to €114,172
- Gross operating margin +€40,303
up €40,303 (+70.9%), from €56,819 to €97,121
- Staff costs +€38,258
up €38,258 (+128.5%), from €29,780 to €68,039
- Taxes +€7,477
new in 2025: €7,477
- Depreciation -€4,427
down €4,427 (-29.4%), from €15,053 to €10,626
- Other operating charges +€1,530
up €1,530 (+27.5%), from €5,572 to €7,102
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 | €167,517 | €155,419 | -€12,098 | -7.2% |
| Fixed assets | 21/28 | €34,462 | €27,836 | -€6,626 | -19.2% |
| Tangible fixed assets | 22/27 | €34,028 | €27,402 | -€6,626 | -19.5% |
| Furniture and vehicles | 24 | €34,028 | €27,402 | -€6,626 | -19.5% |
| Financial fixed assets | 28 | €434 | €434 | = | 0.0% |
| Current assets | 29/58 | €133,055 | €127,583 | -€5,472 | -4.1% |
| Amounts receivable within one year | 40/41 | €85,700 | €94,648 | +€8,948 | +10.4% |
| Trade receivables | 40 | €38,230 | €39,178 | +€948 | +2.5% |
| Other amounts receivable | 41 | €47,470 | €55,470 | +€8,000 | +16.9% |
| Cash at bank and in hand | 54/58 | €47,219 | €32,799 | -€14,420 | -30.5% |
| Deferred charges and accrued income | 490/1 | €136 | €136 | = | 0.0% |
| Total equity and liabilities | 10/49 | €167,517 | €155,419 | -€12,098 | -7.2% |
| Equity | 10/15 | €124,750 | €127,032 | +€2,282 | +1.8% |
| Contributions | 10/11 | €12,860 | €12,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,890 | €114,172 | +€2,282 | +2.0% |
| Amounts payable | 17/49 | €42,767 | €28,388 | -€14,380 | -33.6% |
| Amounts payable after more than one year | 17 | €23,510 | €11,209 | -€12,301 | -52.3% |
| Financial debts | 170/4 | €23,510 | €11,209 | -€12,301 | -52.3% |
| Amounts payable within one year | 42/48 | €19,257 | €17,179 | -€2,079 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €11,734 | €12,301 | +€567 | +4.8% |
| Trade debts | 44 | €1,278 | €249 | -€1,029 | -80.5% |
| Suppliers | 440/4 | €1,278 | €249 | -€1,029 | -80.5% |
| Taxes, remuneration and social security | 45 | €6,246 | €4,629 | -€1,617 | -25.9% |
| Taxes | 450/3 | €6,246 | €4,629 | -€1,617 | -25.9% |
| Remuneration, social security and pensions | 62 | €29,780 | €68,039 | +€38,258 | +128.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,053 | €10,626 | -€4,427 | -29.4% |
| Other operating charges | 640/8 | €5,572 | €7,102 | +€1,530 | +27.5% |
| Gross operating margin | 9900 | €56,819 | €97,121 | +€40,303 | +70.9% |
| Operating profit (loss) | 9901 | €6,413 | €11,354 | +€4,941 | +77.1% |
| Financial charges | 65/66B | €2,008 | €1,595 | -€413 | -20.5% |
| Recurring financial charges | 65 | €2,008 | €1,595 | -€413 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €4,405 | €9,759 | +€5,354 | +121.5% |
| Income taxes | 67/77 | - | €7,477 | +€7,477 | |
| Profit (loss) for the period | 9904 | €4,405 | €2,282 | -€2,123 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,405 | €2,282 | -€2,123 | -48.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.