BERLAU: 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.
BERLAU
Largest movements
- Current investments -€51,829
down €51,829 (-57.6%), from €89,911 to €38,081
- Cash -€1,041
down €1,041 (-87.2%), from €1,194 to €152
mainly Debts after one year (-€28,537) and Net result for the year (-€23,348)
- Debts after one year -€28,537
down €28,537 (-44.5%), from €64,137 to €35,600
- Profit (loss) carried forward -€24,822
down €24,822 (-1.5%), from -€1.6m to -€1.7m
- Financial income -€10,567
down €10,567 (-55.9%), from €18,903 to €8,336
- Gross operating margin -€797
down €797 (-3.2%), from -€24,556 to -€25,353
- Depreciation +€322
up €322 (+95.7%), from €336 to €658
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 | €99,978 | €46,428 | -€53,550 | -53.6% |
| Fixed assets | 21/28 | €1,639 | €980 | -€658 | -40.2% |
| Tangible fixed assets | 22/27 | €1,639 | €980 | -€658 | -40.2% |
| Furniture and vehicles | 24 | €1,639 | €980 | -€658 | -40.2% |
| Current assets | 29/58 | €98,339 | €45,448 | -€52,891 | -53.8% |
| Amounts receivable within one year | 40/41 | €7,235 | €7,214 | -€21 | -0.3% |
| Trade receivables | 40 | €2,182 | €2,182 | = | 0.0% |
| Other amounts receivable | 41 | €5,053 | €5,032 | -€21 | -0.4% |
| Current investments | 50/53 | €89,911 | €38,081 | -€51,829 | -57.6% |
| Cash at bank and in hand | 54/58 | €1,194 | €152 | -€1,041 | -87.2% |
| Total equity and liabilities | 10/49 | €99,978 | €46,428 | -€53,550 | -53.6% |
| Equity | 10/15 | €34,976 | €10,154 | -€24,822 | -71.0% |
| Contributions | 10/11 | €1,676,000 | €1,676,000 | = | 0.0% |
| Outside capital | 11 | €1,676,000 | €1,676,000 | = | 0.0% |
| Other | 1109/19 | €1,676,000 | €1,676,000 | = | 0.0% |
| Reserves | 13 | €1,695 | €1,695 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,695 | €1,695 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,695 | €1,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,642,719 | -€1,667,541 | -€24,822 | -1.5% |
| Amounts payable | 17/49 | €65,001 | €36,274 | -€28,727 | -44.2% |
| Amounts payable after more than one year | 17 | €64,137 | €35,600 | -€28,537 | -44.5% |
| Other amounts payable | 178/9 | €64,137 | €35,600 | -€28,537 | -44.5% |
| Amounts payable within one year | 42/48 | €168 | €158 | -€9 | -5.6% |
| Trade debts | 44 | €155 | €146 | -€9 | -6.1% |
| Suppliers | 440/4 | €155 | €146 | -€9 | -6.1% |
| Other amounts payable | 47/48 | €13 | €13 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €697 | €516 | -€181 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €658 | +€322 | +95.7% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€24,556 | -€25,353 | -€797 | -3.2% |
| Operating profit (loss) | 9901 | -€25,406 | -€26,539 | -€1,133 | -4.5% |
| Financial income | 75/76B | €18,903 | €8,336 | -€10,567 | -55.9% |
| Recurring financial income | 75 | €18,903 | €8,336 | -€10,567 | -55.9% |
| Financial charges | 65/66B | €5,275 | €5,145 | -€130 | -2.5% |
| Recurring financial charges | 65 | €5,275 | €5,145 | -€130 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,777 | -€23,348 | -€11,570 | -98.2% |
| Income taxes | 67/77 | -€10 | €0 | +€10 | |
| Profit (loss) for the period | 9904 | -€11,767 | -€23,348 | -€11,580 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,767 | -€23,348 | -€11,580 | -98.4% |
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.