BERLIOZ: 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.
BERLIOZ
Largest movements
- Receivables within one year +€160,000
up €160,000 (+200.0%), from €80,000 to €240,000
- Tangible fixed assets -€84,216
down €84,216 (-5.4%), from €1.6m to €1.5m
of which Land and buildings: -€67,280
- Cash +€49,805
up €49,805 (+68.6%), from €72,599 to €122,404
mainly Net result for the year (+€634,433) and Depreciation (+€97,575)
- Reserves +€634,433
up €634,433 (+77.2%), from €821,735 to €1.5m
- Other debts -€350,000
down €350,000 (-77.8%), from €450,000 to €100,000
- Debts after one year -€129,362
down €129,362 (-63.9%), from €202,505 to €73,143
- Current portion of long-term debt -€40,692
down €40,692 (-23.9%), from €170,053 to €129,362
No income-statement line moved by more than 1% of the activity.
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 | €1,727,644 | €1,853,255 | +€125,610 | +7.3% |
| Fixed assets | 21/28 | €1,572,627 | €1,488,411 | -€84,216 | -5.4% |
| Tangible fixed assets | 22/27 | €1,572,627 | €1,488,411 | -€84,216 | -5.4% |
| Land and buildings | 22 | €1,518,201 | €1,450,921 | -€67,280 | -4.4% |
| Plant, machinery and equipment | 23 | €54,426 | €37,491 | -€16,936 | -31.1% |
| Current assets | 29/58 | €155,018 | €364,844 | +€209,826 | +135.4% |
| Amounts receivable within one year | 40/41 | €80,000 | €240,000 | +€160,000 | +200.0% |
| Other amounts receivable | 41 | €80,000 | €240,000 | +€160,000 | +200.0% |
| Cash at bank and in hand | 54/58 | €72,599 | €122,404 | +€49,805 | +68.6% |
| Deferred charges and accrued income | 490/1 | €2,419 | €2,440 | +€21 | +0.9% |
| Total equity and liabilities | 10/49 | €1,727,644 | €1,853,255 | +€125,610 | +7.3% |
| Equity | 10/15 | €854,514 | €1,488,947 | +€634,433 | +74.2% |
| Contributions | 10/11 | €32,779 | €32,779 | = | 0.0% |
| Outside capital | 11 | €32,779 | €32,779 | = | 0.0% |
| Other | 1109/19 | €32,779 | €32,779 | = | 0.0% |
| Reserves | 13 | €821,735 | €1,456,168 | +€634,433 | +77.2% |
| Distributable reserves | 133 | €821,735 | €1,456,168 | +€634,433 | +77.2% |
| Amounts payable | 17/49 | €873,130 | €364,307 | -€508,823 | -58.3% |
| Amounts payable after more than one year | 17 | €202,505 | €73,143 | -€129,362 | -63.9% |
| Financial debts | 170/4 | €202,505 | €73,143 | -€129,362 | -63.9% |
| Amounts payable within one year | 42/48 | €670,525 | €291,062 | -€379,462 | -56.6% |
| Current portion of amounts payable after more than one year | 42 | €170,053 | €129,362 | -€40,692 | -23.9% |
| Financial debts | 43 | €40,944 | €40,695 | -€248 | -0.6% |
| Credit institutions | 430/8 | €40,944 | €40,695 | -€248 | -0.6% |
| Taxes, remuneration and social security | 45 | €9,528 | €21,006 | +€11,478 | +120.5% |
| Taxes | 450/3 | €9,528 | €21,006 | +€11,478 | +120.5% |
| Other amounts payable | 47/48 | €450,000 | €100,000 | -€350,000 | -77.8% |
| Accrued charges and deferred income | 492/3 | €101 | €102 | +€1 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,512 | €97,575 | -€938 | -1.0% |
| Other operating charges | 640/8 | €28,521 | €29,412 | +€891 | +3.1% |
| Gross operating margin | 9900 | €981,594 | €983,306 | +€1,711 | +0.2% |
| Operating profit (loss) | 9901 | €854,561 | €856,319 | +€1,759 | +0.2% |
| Financial charges | 65/66B | €16,449 | €10,408 | -€6,040 | -36.7% |
| Recurring financial charges | 65 | €16,449 | €10,408 | -€6,040 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €838,112 | €845,911 | +€7,799 | +0.9% |
| Income taxes | 67/77 | €209,528 | €211,478 | +€1,950 | +0.9% |
| Profit (loss) for the period | 9904 | €628,584 | €634,433 | +€5,849 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €628,584 | €634,433 | +€5,849 | +0.9% |
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 4 October 2026 via checked.be.