BERLINETTA S: 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.
BERLINETTA S
Largest movements
- Receivables within one year -€185,027
down €185,027 (-94.2%), from €196,522 to €11,495
of which Other amounts receivable: -€196,359
- Cash +€58,751
up €58,751 (+6,404%), from €917 to €59,668
mainly Receivables within one year (+€185,027) and Investment in fixed assets (net) (+€17,429)
- Tangible fixed assets -€34,735
down €34,735 (-44.2%), from €78,639 to €43,904
- Deferred charges and accrued income +€7,115
up €7,115 (+161%), from €4,427 to €11,541
- Short-term financial debts -€165,000
down €165,000 (-100%), from €165,000 to €0
- Other debts +€15,954
up €15,954, from €0 to €15,954
- Profit (loss) carried forward -€5,612
down €5,612 (-13.2%), from -€42,640 to -€48,252
- Gross operating margin -€15,755
down €15,755 (-38.8%), from €40,598 to €24,843
- Depreciation -€6,396
down €6,396 (-27.0%), from €23,701 to €17,306
- Financial charges +€4,332
up €4,332 (+53.2%), from €8,144 to €12,476
- Financial income +€1,226
up €1,226 (+16.7%), from €7,351 to €8,578
- Other operating charges -€627
down €627 (-37.9%), from €1,655 to €1,028
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,504 | €126,608 | -€153,896 | -54.9% |
| Fixed assets | 21/28 | €78,639 | €43,904 | -€34,735 | -44.2% |
| Tangible fixed assets | 22/27 | €78,639 | €43,904 | -€34,735 | -44.2% |
| Furniture and vehicles | 24 | €78,639 | €43,904 | -€34,735 | -44.2% |
| Current assets | 29/58 | €201,866 | €82,705 | -€119,161 | -59.0% |
| Amounts receivable within one year | 40/41 | €196,522 | €11,495 | -€185,027 | -94.2% |
| Trade receivables | 40 | €163 | €11,495 | +€11,332 | +6,969% |
| Other amounts receivable | 41 | €196,359 | €0 | -€196,359 | -100% |
| Cash at bank and in hand | 54/58 | €917 | €59,668 | +€58,751 | +6,404% |
| Deferred charges and accrued income | 490/1 | €4,427 | €11,541 | +€7,115 | +161% |
| Total equity and liabilities | 10/49 | €280,504 | €126,608 | -€153,896 | -54.9% |
| Equity | 10/15 | €107,360 | €101,748 | -€5,612 | -5.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,640 | -€48,252 | -€5,612 | -13.2% |
| Amounts payable | 17/49 | €173,144 | €24,860 | -€148,284 | -85.6% |
| Amounts payable within one year | 42/48 | €173,144 | €22,748 | -€150,396 | -86.9% |
| Financial debts | 43 | €165,000 | €0 | -€165,000 | -100% |
| Credit institutions | 430/8 | €165,000 | €0 | -€165,000 | -100% |
| Trade debts | 44 | €443 | €718 | +€275 | +62.1% |
| Suppliers | 440/4 | €443 | €718 | +€275 | +62.1% |
| Taxes, remuneration and social security | 45 | €7,702 | €6,076 | -€1,626 | -21.1% |
| Taxes | 450/3 | €7,702 | €6,076 | -€1,626 | -21.1% |
| Other amounts payable | 47/48 | €0 | €15,954 | +€15,954 | |
| Accrued charges and deferred income | 492/3 | - | €2,113 | +€2,113 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,701 | €17,306 | -€6,396 | -27.0% |
| Other operating charges | 640/8 | €1,655 | €1,028 | -€627 | -37.9% |
| Non-recurring operating charges | 66A | €857 | €7,929 | +€7,072 | +825% |
| Gross operating margin | 9900 | €40,598 | €24,843 | -€15,755 | -38.8% |
| Operating profit (loss) | 9901 | €14,384 | -€1,420 | -€15,805 | |
| Financial income | 75/76B | €7,351 | €8,578 | +€1,226 | +16.7% |
| Recurring financial income | 75 | €7,351 | €8,578 | +€1,226 | +16.7% |
| Financial charges | 65/66B | €8,144 | €12,476 | +€4,332 | +53.2% |
| Recurring financial charges | 65 | €8,144 | €12,476 | +€4,332 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €13,592 | -€5,319 | -€18,911 | |
| Income taxes | 67/77 | €319 | €293 | -€26 | -8.1% |
| Profit (loss) for the period | 9904 | €13,272 | -€5,612 | -€18,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,272 | -€5,612 | -€18,885 |
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 19 October 2026 via checked.be.