BERLANN: 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.
BERLANN
Largest movements
- Financial fixed assets -€379,840
down €379,840 (-71.9%), from €528,302 to €148,462
- Cash +€200,260
up €200,260 (+106.0%), from €188,896 to €389,156
mainly Investment in fixed assets (net) (+€323,127) and Net result for the year (+€37,332)
- Tangible fixed assets +€40,478
up €40,478 (+63.0%), from €64,260 to €104,739
of which Furniture and vehicles: +€42,390
- Receivables within one year -€28,849
down €28,849 (-45.9%), from €62,876 to €34,028
of which Trade receivables: -€30,611
- Profit (loss) carried forward -€162,668
down €162,668 (-62.6%), from €259,711 to €97,043
- Debts after one year +€18,741
up €18,741 (+4.4%), from €422,130 to €440,871
of which Other amounts payable: +€134,000
- Short-term financial debts -€18,509
down €18,509 (-91.7%), from €20,190 to €1,682
- Accrued charges and deferred income -€15,713
down €15,713 (-91.6%), from €17,149 to €1,437
- Tax, wage and social debts -€14,504
down €14,504 (-59.7%), from €24,297 to €9,793
- Gross operating margin -€50,567
down €50,567 (-32.1%), from €157,494 to €106,927
- Financial charges +€33,473
up €33,473 (+135.8%), from €24,654 to €58,127
- Taxes -€11,038
down €11,038 (-33.5%), from €32,982 to €21,944
- Depreciation +€7,784
up €7,784 (+92.1%), from €8,451 to €16,235
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 | €851,067 | €677,663 | -€173,405 | -20.4% |
| Fixed assets | 21/28 | €592,562 | €253,200 | -€339,362 | -57.3% |
| Tangible fixed assets | 22/27 | €64,260 | €104,739 | +€40,478 | +63.0% |
| Furniture and vehicles | 24 | €1,264 | €43,654 | +€42,390 | +3354.0% |
| Other tangible fixed assets | 26 | €62,997 | €61,085 | -€1,912 | -3.0% |
| Financial fixed assets | 28 | €528,302 | €148,462 | -€379,840 | -71.9% |
| Current assets | 29/58 | €258,505 | €424,462 | +€165,957 | +64.2% |
| Amounts receivable within one year | 40/41 | €62,876 | €34,028 | -€28,849 | -45.9% |
| Trade receivables | 40 | €48,946 | €18,335 | -€30,611 | -62.5% |
| Other amounts receivable | 41 | €13,930 | €15,693 | +€1,763 | +12.7% |
| Current investments | 50/53 | €501 | €0 | -€501 | -100.0% |
| Cash at bank and in hand | 54/58 | €188,896 | €389,156 | +€200,260 | +106.0% |
| Deferred charges and accrued income | 490/1 | €6,232 | €1,279 | -€4,953 | -79.5% |
| Total equity and liabilities | 10/49 | €851,067 | €677,663 | -€173,405 | -20.4% |
| Equity | 10/15 | €280,171 | €117,503 | -€162,668 | -58.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,711 | €97,043 | -€162,668 | -62.6% |
| Amounts payable | 17/49 | €570,896 | €560,160 | -€10,736 | -1.9% |
| Amounts payable after more than one year | 17 | €422,130 | €440,871 | +€18,741 | +4.4% |
| Financial debts | 170/4 | €166,380 | €51,121 | -€115,259 | -69.3% |
| Other amounts payable | 178/9 | €255,750 | €389,750 | +€134,000 | +52.4% |
| Amounts payable within one year | 42/48 | €131,617 | €117,852 | -€13,765 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €67,871 | €78,129 | +€10,258 | +15.1% |
| Financial debts | 43 | €20,190 | €1,682 | -€18,509 | -91.7% |
| Credit institutions | 430/8 | €20,190 | €1,682 | -€18,509 | -91.7% |
| Trade debts | 44 | €1,849 | €3,629 | +€1,780 | +96.3% |
| Suppliers | 440/4 | €1,849 | €3,629 | +€1,780 | +96.3% |
| Advances received on contracts in progress | 46 | - | €1,446 | +€1,446 | |
| Taxes, remuneration and social security | 45 | €24,297 | €9,793 | -€14,504 | -59.7% |
| Taxes | 450/3 | €24,297 | €9,793 | -€14,504 | -59.7% |
| Other amounts payable | 47/48 | €17,410 | €23,174 | +€5,764 | +33.1% |
| Accrued charges and deferred income | 492/3 | €17,149 | €1,437 | -€15,713 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,451 | €16,235 | +€7,784 | +92.1% |
| Other operating charges | 640/8 | €1,320 | €2,498 | +€1,178 | +89.3% |
| Gross operating margin | 9900 | €157,494 | €106,927 | -€50,567 | -32.1% |
| Operating profit (loss) | 9901 | €147,723 | €88,194 | -€59,529 | -40.3% |
| Financial income | 75/76B | €28,886 | €29,209 | +€323 | +1.1% |
| Recurring financial income | 75 | €28,886 | €29,209 | +€323 | +1.1% |
| Financial charges | 65/66B | €24,654 | €58,127 | +€33,473 | +135.8% |
| Recurring financial charges | 65 | €24,654 | €58,127 | +€33,473 | +135.8% |
| Profit (loss) for the period before taxes | 9903 | €151,955 | €59,276 | -€92,679 | -61.0% |
| Income taxes | 67/77 | €32,982 | €21,944 | -€11,038 | -33.5% |
| Profit (loss) for the period | 9904 | €118,973 | €37,332 | -€81,641 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €118,973 | €37,332 | -€81,641 | -68.6% |
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 10 October 2026 via checked.be.