Bermaha: 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.
Bermaha
Largest movements
- Current investments +€250,000
new in 2025: €250,000
- Stocks and contracts -€55,177
down €55,177 (-8.4%), from €658,091 to €602,914
- Cash +€36,697
up €36,697 (+121%), from €30,351 to €67,048
mainly Trade debts (+€96,048) and Other debts (+€75,481)
- Trade debts +€96,048
up €96,048 (+28,351%), from €339 to €96,387
- Other debts +€75,481
up €75,481 (+18.0%), from €420,117 to €495,598
- Tax, wage and social debts +€63,066
new in 2025: €63,066
- Gross operating margin +€15,857
up €15,857, from -€976 to €14,881
- Depreciation +€6,195
up €6,195 (+350%), from €1,768 to €7,963
- Financial income -€4,074
down €4,074 (-100%), from €4,074 to €0
- Other operating charges -€3,418
down €3,418 (-63.6%), from €5,371 to €1,953
- Taxes +€397
new in 2025: €397
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 | €716,335 | €955,308 | +€238,973 | +33.4% |
| Fixed assets | 21/28 | €25,982 | €31,982 | +€6,000 | +23.1% |
| Tangible fixed assets | 22/27 | €25,982 | €31,982 | +€6,000 | +23.1% |
| Furniture and vehicles | 24 | €25,982 | €31,982 | +€6,000 | +23.1% |
| Current assets | 29/58 | €690,353 | €923,326 | +€232,973 | +33.7% |
| Stocks and contracts in progress | 3 | €658,091 | €602,914 | -€55,177 | -8.4% |
| Stocks | 30/36 | €658,091 | €602,914 | -€55,177 | -8.4% |
| Amounts receivable within one year | 40/41 | €778 | €2,601 | +€1,823 | +234% |
| Trade receivables | 40 | - | €2,601 | +€2,601 | |
| Other amounts receivable | 41 | €778 | €0 | -€778 | -100% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €30,351 | €67,048 | +€36,697 | +121% |
| Deferred charges and accrued income | 490/1 | €1,133 | €763 | -€370 | -32.6% |
| Total equity and liabilities | 10/49 | €716,335 | €955,308 | +€238,973 | +33.4% |
| Equity | 10/15 | €295,879 | €300,257 | +€4,378 | +1.5% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | - | €257 | +€257 | |
| Distributable reserves | 133 | - | €257 | +€257 | |
| Profit (loss) carried forward | 14 | -€4,121 | €0 | +€4,121 | |
| Amounts payable | 17/49 | €420,456 | €655,051 | +€234,595 | +55.8% |
| Amounts payable within one year | 42/48 | €420,456 | €655,051 | +€234,595 | +55.8% |
| Trade debts | 44 | €339 | €96,387 | +€96,048 | +28,351% |
| Suppliers | 440/4 | €339 | €96,387 | +€96,048 | +28,351% |
| Taxes, remuneration and social security | 45 | - | €63,066 | +€63,066 | |
| Taxes | 450/3 | - | €63,066 | +€63,066 | |
| Other amounts payable | 47/48 | €420,117 | €495,598 | +€75,481 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,768 | €7,963 | +€6,195 | +350% |
| Other operating charges | 640/8 | €5,371 | €1,953 | -€3,418 | -63.6% |
| Gross operating margin | 9900 | -€976 | €14,881 | +€15,857 | |
| Operating profit (loss) | 9901 | -€8,115 | €4,966 | +€13,080 | |
| Financial income | 75/76B | €4,074 | €0 | -€4,074 | -100% |
| Recurring financial income | 75 | €4,074 | €0 | -€4,074 | -100% |
| Financial charges | 65/66B | €80 | €191 | +€111 | +140% |
| Recurring financial charges | 65 | €80 | €191 | +€111 | +140% |
| Profit (loss) for the period before taxes | 9903 | -€4,121 | €4,775 | +€8,896 | |
| Income taxes | 67/77 | - | €397 | +€397 | |
| Profit (loss) for the period | 9904 | -€4,121 | €4,378 | +€8,498 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,121 | €4,378 | +€8,498 |
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 13 October 2026 via checked.be.