BERKENRODE: 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
BERKENRODE
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€24,745
2024 · -€27,026+€2,281
Equity
€544,302
2024 · €569,047-€24,745
Cash
€3,796
2024 · €4,831-€1,035
Balance sheet total
€879,481
2024 · €903,211-€23,730
Largest movements
Assets
- Tangible fixed assets -€26,106
down €26,106 (-2.9%), from €895,152 to €869,046
of which Land and buildings: -€15,811
Equity and liabilities
- Reserves -€27,666
down €27,666 (-6.4%), from €429,414 to €401,748
of which Tax-exempt reserves: -€27,666
- Debts after one year +€19,966
up €19,966 (+282%), from €7,070 to €27,037
- Other debts -€17,783
down €17,783 (-11.1%), from €160,625 to €142,842
- Provisions -€9,943
down €9,943 (-6.5%), from €153,198 to €143,255
Income statement
- Financial charges -€3,147
down €3,147 (-21.6%), from €14,576 to €11,429
- Depreciation +€685
up €685 (+1.1%), from €61,800 to €62,484
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
-€27,026
Gross operating margin
-€135
Depreciation
-€685
Other operating charges
-€214
Financial charges
+€3,147
Taxes
-€1
Deferred taxes and other
+€168
Result 2025
-€24,745
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10,825
Investment
-€36,378
Financing
+€24,519
Cash 2024
€4,831
From operations (derived)
+€10,825
Net result for the year
-€24,745
Depreciation
+€62,484
Receivables within one year
-€3,593
Deferred charges and accrued income
+€182
Provisions
-€9,943
Trade debts
+€408
Tax, wage and social debts
+€3,509
Other debts
-€17,783
Accrued charges and deferred income
+€306
Investment (derived)
-€36,378
Investment in fixed assets (net)
-€36,378
Financing
+€24,519
Debts after one year
+€19,966
Current portion of long-term debt
+€4,552
Cash 2025
€3,796
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €903,211 | €879,481 | -€23,730 | -2.6% |
| Fixed assets | 21/28 | €895,152 | €869,046 | -€26,106 | -2.9% |
| Tangible fixed assets | 22/27 | €895,152 | €869,046 | -€26,106 | -2.9% |
| Land and buildings | 22 | €868,877 | €853,065 | -€15,811 | -1.8% |
| Plant, machinery and equipment | 23 | €1,972 | €1,357 | -€615 | -31.2% |
| Furniture and vehicles | 24 | €8,994 | €5,983 | -€3,011 | -33.5% |
| Leasing and similar rights | 25 | €15,310 | €8,641 | -€6,668 | -43.6% |
| Current assets | 29/58 | €8,059 | €10,435 | +€2,376 | +29.5% |
| Amounts receivable within one year | 40/41 | €1,740 | €5,333 | +€3,593 | +207% |
| Trade receivables | 40 | €1,438 | €3,740 | +€2,302 | +160% |
| Other amounts receivable | 41 | €301 | €1,593 | +€1,292 | +428% |
| Cash at bank and in hand | 54/58 | €4,831 | €3,796 | -€1,035 | -21.4% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,305 | -€182 | -12.3% |
| Total equity and liabilities | 10/49 | €903,211 | €879,481 | -€23,730 | -2.6% |
| Equity | 10/15 | €569,047 | €544,302 | -€24,745 | -4.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €429,414 | €401,748 | -€27,666 | -6.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €403,359 | €375,693 | -€27,666 | -6.9% |
| Distributable reserves | 133 | €19,858 | €19,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,660 | €80,580 | +€2,921 | +3.8% |
| Provisions and deferred taxes | 16 | €153,198 | €143,255 | -€9,943 | -6.5% |
| Deferred taxes | 168 | €153,198 | €143,255 | -€9,943 | -6.5% |
| Amounts payable | 17/49 | €180,966 | €191,924 | +€10,958 | +6.1% |
| Amounts payable after more than one year | 17 | €7,070 | €27,037 | +€19,966 | +282% |
| Financial debts | 170/4 | €7,070 | €27,037 | +€19,966 | +282% |
| Amounts payable within one year | 42/48 | €170,651 | €161,337 | -€9,313 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €5,066 | €9,618 | +€4,552 | +89.9% |
| Trade debts | 44 | €245 | €653 | +€408 | +167% |
| Suppliers | 440/4 | €245 | €653 | +€408 | +167% |
| Taxes, remuneration and social security | 45 | €4,715 | €8,224 | +€3,509 | +74.4% |
| Taxes | 450/3 | €4,715 | €8,224 | +€3,509 | +74.4% |
| Other amounts payable | 47/48 | €160,625 | €142,842 | -€17,783 | -11.1% |
| Accrued charges and deferred income | 492/3 | €3,245 | €3,551 | +€306 | +9.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,800 | €62,484 | +€685 | +1.1% |
| Other operating charges | 640/8 | €8,367 | €8,580 | +€214 | +2.6% |
| Gross operating margin | 9900 | €48,086 | €47,951 | -€135 | -0.3% |
| Operating profit (loss) | 9901 | -€22,080 | -€23,114 | -€1,033 | -4.7% |
| Financial charges | 65/66B | €14,576 | €11,429 | -€3,147 | -21.6% |
| Recurring financial charges | 65 | €14,576 | €11,429 | -€3,147 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,657 | -€34,543 | +€2,114 | +5.8% |
| Transfer from deferred taxes | 780 | €9,775 | €9,943 | +€168 | +1.7% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €144 | €146 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€27,026 | -€24,745 | +€2,281 | +8.4% |
| Transfer from tax-exempt reserves | 789 | €27,162 | €27,666 | +€504 | +1.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €136 | €2,921 | +€2,785 | +2,052% |
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 29 October 2026 via checked.be.