BERLIEREN: 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.
What changed
BERLIEREN
NACE 82.100, Office administrative and support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,910
2024 · €36,983-€16,073
Equity
€465,315
2024 · €467,918-€2,604
Cash
€6,078
2024 · €5,813+€265
Balance sheet total
€957,090
2024 · €937,379+€19,711
Largest movements
Assets
- Tangible fixed assets +€21,828
up €21,828 (+2.4%), from €908,949 to €930,777
of which Plant, machinery and equipment: +€33,427
Equity and liabilities
- Other debts +€17,494
up €17,494 (+1954.0%), from €895 to €18,389
- Debts after one year +€13,910
up €13,910 (+3.6%), from €382,362 to €396,272
of which Financial debts: +€24,910
- Trade debts -€13,272
down €13,272 (-87.6%), from €15,143 to €1,871
Income statement
- Gross operating margin -€19,662
down €19,662 (-14.8%), from €132,775 to €113,112
- Depreciation +€3,575
up €3,575 (+4.5%), from €79,895 to €83,471
- Other operating charges -€1,808
down €1,808 (-26.9%), from €6,711 to €4,903
- Taxes -€1,530
down €1,530 (-39.9%), from €3,837 to €2,308
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
€36,983
Gross operating margin
-€19,662
Depreciation
-€3,575
Other operating charges
+€1,808
Other operating items
+€3,922
Financial income
-€27
Financial charges
-€68
Taxes
+€1,530
Result 2025
€20,910
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.
From operations
+€114,825
Investment
-€103,298
Financing
-€11,262
Cash 2024
€5,813
From operations (derived)
+€114,825
Net result for the year
+€20,910
Depreciation
+€83,471
Stocks and contracts
-€810
Receivables within one year
+€1,191
Trade debts
-€13,272
Tax, wage and social debts
-€1,828
Advances received
+€7,668
Other debts
+€17,494
Investment (derived)
-€103,298
Investment in fixed assets (net)
-€105,299
Current investments
+€2,001
Financing
-€11,262
Debts after one year
+€13,910
Current portion of long-term debt
-€1,658
Contributions, distributions and other
-€23,514
Cash 2025
€6,078
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €937,379 | €957,090 | +€19,711 | +2.1% |
| Fixed assets | 21/28 | €908,949 | €930,777 | +€21,828 | +2.4% |
| Tangible fixed assets | 22/27 | €908,949 | €930,777 | +€21,828 | +2.4% |
| Land and buildings | 22 | €114,779 | €108,197 | -€6,582 | -5.7% |
| Plant, machinery and equipment | 23 | €758,837 | €792,264 | +€33,427 | +4.4% |
| Furniture and vehicles | 24 | €35,333 | €30,316 | -€5,016 | -14.2% |
| Current assets | 29/58 | €28,430 | €26,312 | -€2,117 | -7.4% |
| Stocks and contracts in progress | 3 | €832 | €1,641 | +€810 | +97.4% |
| Stocks | 30/36 | €832 | €1,641 | +€810 | +97.4% |
| Amounts receivable within one year | 40/41 | €13,777 | €12,585 | -€1,191 | -8.6% |
| Trade receivables | 40 | €13,777 | €12,585 | -€1,191 | -8.6% |
| Current investments | 50/53 | €8,008 | €6,008 | -€2,001 | -25.0% |
| Cash at bank and in hand | 54/58 | €5,813 | €6,078 | +€265 | +4.6% |
| Total equity and liabilities | 10/49 | €937,379 | €957,090 | +€19,711 | +2.1% |
| Equity | 10/15 | €467,918 | €465,315 | -€2,604 | -0.6% |
| Contributions | 10/11 | €232,000 | €232,000 | = | 0.0% |
| Capital | 10 | €232,000 | €232,000 | = | 0.0% |
| Issued capital | 100 | €232,000 | €232,000 | = | 0.0% |
| Reserves | 13 | €137,450 | €141,850 | +€4,400 | +3.2% |
| Non-distributable reserves | 130/1 | €23,200 | €23,200 | = | 0.0% |
| Legal reserve | 130 | €23,200 | €23,200 | = | 0.0% |
| Distributable reserves | 133 | €114,250 | €118,650 | +€4,400 | +3.9% |
| Profit (loss) carried forward | 14 | €622 | €632 | +€10 | +1.7% |
| Investment grants | 15 | €97,846 | €90,832 | -€7,014 | -7.2% |
| Amounts payable | 17/49 | €469,460 | €491,775 | +€22,315 | +4.8% |
| Amounts payable after more than one year | 17 | €382,362 | €396,272 | +€13,910 | +3.6% |
| Financial debts | 170/4 | €10,762 | €35,672 | +€24,910 | +231.5% |
| Other amounts payable | 178/9 | €371,600 | €360,600 | -€11,000 | -3.0% |
| Amounts payable within one year | 42/48 | €87,098 | €95,503 | +€8,405 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €31,957 | €30,299 | -€1,658 | -5.2% |
| Trade debts | 44 | €15,143 | €1,871 | -€13,272 | -87.6% |
| Suppliers | 440/4 | €15,143 | €1,871 | -€13,272 | -87.6% |
| Advances received on contracts in progress | 46 | €34,695 | €42,363 | +€7,668 | +22.1% |
| Taxes, remuneration and social security | 45 | €4,408 | €2,580 | -€1,828 | -41.5% |
| Taxes | 450/3 | €4,408 | €2,580 | -€1,828 | -41.5% |
| Other amounts payable | 47/48 | €895 | €18,389 | +€17,494 | +1954.0% |
| Non-recurring operating income | 76A | €4,034 | €11 | -€4,023 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,895 | €83,471 | +€3,575 | +4.5% |
| Other operating charges | 640/8 | €6,711 | €4,903 | -€1,808 | -26.9% |
| Non-recurring operating charges | 66A | €3,922 | - | -€3,922 | |
| Gross operating margin | 9900 | €132,775 | €113,112 | -€19,662 | -14.8% |
| Operating profit (loss) | 9901 | €42,246 | €24,739 | -€17,507 | -41.4% |
| Financial income | 75/76B | €38 | €11 | -€27 | -70.8% |
| Recurring financial income | 75 | €38 | €11 | -€27 | -70.8% |
| Financial charges | 65/66B | €1,464 | €1,532 | +€68 | +4.7% |
| Recurring financial charges | 65 | €1,464 | €1,532 | +€68 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €40,821 | €23,218 | -€17,602 | -43.1% |
| Income taxes | 67/77 | €3,837 | €2,308 | -€1,530 | -39.9% |
| Profit (loss) for the period | 9904 | €36,983 | €20,910 | -€16,073 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,983 | €20,910 | -€16,073 | -43.5% |
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 2 October 2026 via checked.be.