BERLUC: 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.
What changed
BERLUC
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€126,277
2024 · €125,086+€1,191
Equity
€765,729
2024 · €639,452+€126,277
Cash
€136,028
2024 · €123,263+€12,765
Balance sheet total
€1.5m
2024 · €1.2m+€301,236
Largest movements
Assets
- Receivables within one year +€183,019
up €183,019 (+39.4%), from €464,527 to €647,546
of which Trade receivables: +€186,180
- Stocks and contracts +€100,466
up €100,466 (+18.7%), from €536,442 to €636,907
Equity and liabilities
- Trade debts +€283,762
up €283,762 (+207%), from €137,070 to €420,832
- Reserves +€126,277
up €126,277 (+20.6%), from €614,452 to €740,729
- Debts after one year -€76,737
down €76,737 (-61.7%), from €124,369 to €47,632
- Other debts -€47,191
down €47,191 (-23.8%), from €198,669 to €151,479
Income statement
- Write-downs -€9,224
down €9,224, from €4,456 to -€4,769
- Staff costs +€8,282
up €8,282 (+17.0%), from €48,746 to €57,029
- Financial income -€5,603
down €5,603 (-61.9%), from €9,056 to €3,453
- Financial charges -€5,265
down €5,265 (-32.9%), from €16,019 to €10,754
- Other operating charges -€3,648
down €3,648 (-30.4%), from €12,007 to €8,359
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
€125,086
Gross operating margin
-€106
Staff costs
-€8,282
Depreciation
-€2,046
Write-downs
+€9,224
Other operating charges
+€3,648
Financial income
-€5,603
Financial charges
+€5,265
Taxes
-€909
Result 2025
€126,277
raises the resultlowers the result
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.
From operations
+€122,354
Investment
-€35,788
Financing
-€73,800
Cash 2024
€123,263
From operations (derived)
+€122,354
Net result for the year
+€126,277
Depreciation
+€29,142
Stocks and contracts
-€100,466
Receivables within one year
-€183,019
Deferred charges and accrued income
+€1,660
Trade debts
+€283,762
Tax, wage and social debts
+€14,286
Advances received
+€2,303
Other debts
-€47,191
Accrued charges and deferred income
-€4,400
Investment (derived)
-€35,788
Investment in fixed assets (net)
-€35,788
Financing
-€73,800
Debts after one year
-€76,737
Current portion of long-term debt
+€2,936
Cash 2025
€136,028
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,242,906 | €1,544,143 | +€301,236 | +24.2% |
| Fixed assets | 21/28 | €116,602 | €123,248 | +€6,647 | +5.7% |
| Intangible fixed assets | 21 | €1,029 | €0 | -€1,029 | -100% |
| Tangible fixed assets | 22/27 | €115,573 | €123,248 | +€7,675 | +6.6% |
| Plant, machinery and equipment | 23 | €4,579 | €4,736 | +€157 | +3.4% |
| Furniture and vehicles | 24 | €37,408 | €29,007 | -€8,402 | -22.5% |
| Other tangible fixed assets | 26 | €73,586 | €89,506 | +€15,920 | +21.6% |
| Current assets | 29/58 | €1,126,305 | €1,420,894 | +€294,590 | +26.2% |
| Stocks and contracts in progress | 3 | €536,442 | €636,907 | +€100,466 | +18.7% |
| Stocks | 30/36 | €536,442 | €636,907 | +€100,466 | +18.7% |
| Amounts receivable within one year | 40/41 | €464,527 | €647,546 | +€183,019 | +39.4% |
| Trade receivables | 40 | €459,368 | €645,548 | +€186,180 | +40.5% |
| Other amounts receivable | 41 | €5,159 | €1,997 | -€3,161 | -61.3% |
| Cash at bank and in hand | 54/58 | €123,263 | €136,028 | +€12,765 | +10.4% |
| Deferred charges and accrued income | 490/1 | €2,073 | €414 | -€1,660 | -80.1% |
| Total equity and liabilities | 10/49 | €1,242,906 | €1,544,143 | +€301,236 | +24.2% |
| Equity | 10/15 | €639,452 | €765,729 | +€126,277 | +19.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €614,452 | €740,729 | +€126,277 | +20.6% |
| Distributable reserves | 133 | €614,452 | €740,729 | +€126,277 | +20.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €603,455 | €778,414 | +€174,959 | +29.0% |
| Amounts payable after more than one year | 17 | €124,369 | €47,632 | -€76,737 | -61.7% |
| Financial debts | 170/4 | €124,369 | €47,632 | -€76,737 | -61.7% |
| Amounts payable within one year | 42/48 | €473,687 | €729,783 | +€256,096 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €73,681 | €76,617 | +€2,936 | +4.0% |
| Trade debts | 44 | €137,070 | €420,832 | +€283,762 | +207% |
| Suppliers | 440/4 | €137,070 | €420,832 | +€283,762 | +207% |
| Advances received on contracts in progress | 46 | €1,196 | €3,499 | +€2,303 | +193% |
| Taxes, remuneration and social security | 45 | €63,071 | €77,357 | +€14,286 | +22.6% |
| Taxes | 450/3 | €56,336 | €69,924 | +€13,588 | +24.1% |
| Remuneration and social security | 454/9 | €6,735 | €7,433 | +€697 | +10.4% |
| Other amounts payable | 47/48 | €198,669 | €151,479 | -€47,191 | -23.8% |
| Accrued charges and deferred income | 492/3 | €5,399 | €998 | -€4,400 | -81.5% |
| Remuneration, social security and pensions | 62 | €48,746 | €57,029 | +€8,282 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,095 | €29,142 | +€2,046 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,456 | -€4,769 | -€9,224 | |
| Other operating charges | 640/8 | €12,007 | €8,359 | -€3,648 | -30.4% |
| Gross operating margin | 9900 | €278,937 | €278,831 | -€106 | 0.0% |
| Operating profit (loss) | 9901 | €186,632 | €189,071 | +€2,438 | +1.3% |
| Financial income | 75/76B | €9,056 | €3,453 | -€5,603 | -61.9% |
| Recurring financial income | 75 | €9,056 | €3,453 | -€5,603 | -61.9% |
| Financial charges | 65/66B | €16,019 | €10,754 | -€5,265 | -32.9% |
| Recurring financial charges | 65 | €16,019 | €10,754 | -€5,265 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €179,669 | €181,770 | +€2,100 | +1.2% |
| Income taxes | 67/77 | €54,583 | €55,492 | +€909 | +1.7% |
| Profit (loss) for the period | 9904 | €125,086 | €126,277 | +€1,191 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €125,086 | €126,277 | +€1,191 | +1.0% |
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 14 October 2026 via checked.be.