BERLICO: 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.
BERLICO
Largest movements
- Cash -€113,091
down €113,091 (-57.5%), from €196,566 to €83,475
mainly Other debts (-€177,228) and Debts after one year (-€78,583)
- Receivables within one year -€81,077
down €81,077 (-20.0%), from €405,497 to €324,420
of which Other amounts receivable: -€110,453
- Stocks and contracts -€59,599
down €59,599 (-9.7%), from €615,263 to €555,665
of which Contracts in progress: -€50,109
- Tangible fixed assets -€39,352
down €39,352 (-27.8%), from €141,545 to €102,193
of which Furniture and vehicles: -€29,454
- Intangible fixed assets +€14,979
up €14,979 (+401.4%), from €3,732 to €18,711
- Other debts -€177,228
down €177,228 (-69.9%), from €253,688 to €76,460
- Debts after one year -€78,583
down €78,583 (-49.8%), from €157,781 to €79,198
- Advances received -€72,551
down €72,551 (-54.8%), from €132,492 to €59,941
- Short-term financial debts +€52,161
up €52,161 (+111.9%), from €46,626 to €98,787
- Current portion of long-term debt -€37,952
down €37,952 (-32.6%), from €116,534 to €78,583
- Gross operating margin -€524,505
down €524,505 (-29.6%), from €1.8m to €1.2m
- Write-downs -€91,295
down €91,295 (-100.0%), from €91,295 to €0
- Other operating charges -€67,025
down €67,025 (-90.2%), from €74,323 to €7,299
- Financial charges -€27,177
down €27,177 (-41.5%), from €65,508 to €38,331
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 | €1,386,699 | €1,114,910 | -€271,789 | -19.6% |
| Fixed assets | 21/28 | €146,546 | €127,513 | -€19,033 | -13.0% |
| Intangible fixed assets | 21 | €3,732 | €18,711 | +€14,979 | +401.4% |
| Tangible fixed assets | 22/27 | €141,545 | €102,193 | -€39,352 | -27.8% |
| Plant, machinery and equipment | 23 | €21,019 | €11,122 | -€9,897 | -47.1% |
| Furniture and vehicles | 24 | €120,526 | €91,071 | -€29,454 | -24.4% |
| Financial fixed assets | 28 | €1,269 | €6,609 | +€5,340 | +420.7% |
| Current assets | 29/58 | €1,240,153 | €987,397 | -€252,756 | -20.4% |
| Stocks and contracts in progress | 3 | €615,263 | €555,665 | -€59,599 | -9.7% |
| Stocks | 30/36 | €485,178 | €475,688 | -€9,490 | -2.0% |
| Contracts in progress | 37 | €130,085 | €79,976 | -€50,109 | -38.5% |
| Amounts receivable within one year | 40/41 | €405,497 | €324,420 | -€81,077 | -20.0% |
| Trade receivables | 40 | €268,193 | €297,569 | +€29,375 | +11.0% |
| Other amounts receivable | 41 | €137,304 | €26,851 | -€110,453 | -80.4% |
| Cash at bank and in hand | 54/58 | €196,566 | €83,475 | -€113,091 | -57.5% |
| Deferred charges and accrued income | 490/1 | €22,826 | €23,837 | +€1,011 | +4.4% |
| Total equity and liabilities | 10/49 | €1,386,699 | €1,114,910 | -€271,789 | -19.6% |
| Equity | 10/15 | €138,413 | €144,486 | +€6,074 | +4.4% |
| Contributions | 10/11 | €33,444 | €33,444 | = | 0.0% |
| Reserves | 13 | €104,969 | €111,043 | +€6,074 | +5.8% |
| Tax-exempt reserves | 132 | €16,863 | €16,863 | = | 0.0% |
| Distributable reserves | 133 | €88,106 | €94,179 | +€6,074 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,248,286 | €970,424 | -€277,863 | -22.3% |
| Amounts payable after more than one year | 17 | €157,781 | €79,198 | -€78,583 | -49.8% |
| Financial debts | 170/4 | €157,781 | €79,198 | -€78,583 | -49.8% |
| Amounts payable within one year | 42/48 | €1,079,884 | €870,042 | -€209,842 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €116,534 | €78,583 | -€37,952 | -32.6% |
| Financial debts | 43 | €46,626 | €98,787 | +€52,161 | +111.9% |
| Credit institutions | 430/8 | €46,626 | €98,787 | +€52,161 | +111.9% |
| Trade debts | 44 | €387,074 | €402,736 | +€15,662 | +4.0% |
| Suppliers | 440/4 | €387,074 | €402,736 | +€15,662 | +4.0% |
| Advances received on contracts in progress | 46 | €132,492 | €59,941 | -€72,551 | -54.8% |
| Taxes, remuneration and social security | 45 | €143,470 | €153,536 | +€10,066 | +7.0% |
| Taxes | 450/3 | €30,881 | €31,393 | +€512 | +1.7% |
| Remuneration and social security | 454/9 | €112,589 | €122,143 | +€9,554 | +8.5% |
| Other amounts payable | 47/48 | €253,688 | €76,460 | -€177,228 | -69.9% |
| Accrued charges and deferred income | 492/3 | €10,622 | €21,183 | +€10,562 | +99.4% |
| Remuneration, social security and pensions | 62 | €1,129,758 | €1,113,172 | -€16,586 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,645 | €44,373 | -€1,272 | -2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €91,295 | €0 | -€91,295 | -100.0% |
| Other operating charges | 640/8 | €74,323 | €7,299 | -€67,025 | -90.2% |
| Gross operating margin | 9900 | €1,770,642 | €1,246,136 | -€524,505 | -29.6% |
| Operating profit (loss) | 9901 | €429,620 | €81,293 | -€348,327 | -81.1% |
| Financial income | 75/76B | €13,692 | €13,412 | -€280 | -2.0% |
| Recurring financial income | 75 | €13,692 | €13,412 | -€280 | -2.0% |
| Financial charges | 65/66B | €65,508 | €38,331 | -€27,177 | -41.5% |
| Recurring financial charges | 65 | €65,508 | €38,331 | -€27,177 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €377,804 | €56,374 | -€321,431 | -85.1% |
| Income taxes | 67/77 | €22,906 | €10,300 | -€12,606 | -55.0% |
| Profit (loss) for the period | 9904 | €354,899 | €46,074 | -€308,825 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €354,899 | €46,074 | -€308,825 | -87.0% |
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 3 October 2026 via checked.be.