BERMICO: 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.
BERMICO
Largest movements
- Current investments +€30,665
new in 2025: €30,665
- Cash +€26,991
up €26,991 (+57.5%), from €46,936 to €73,926
mainly Net result for the year (+€39,399) and Tax, wage and social debts (+€13,641)
- Receivables within one year -€3,263
down €3,263 (-25.0%), from €13,053 to €9,790
- Tangible fixed assets -€2,673
down €2,673 (-42.8%), from €6,241 to €3,568
- Reserves +€39,399
up €39,399 (+109.9%), from €35,847 to €75,246
- Tax, wage and social debts +€13,641
up €13,641 (+59.7%), from €22,861 to €36,502
- Trade debts -€1,300
down €1,300 (-85.4%), from €1,523 to €223
- Gross operating margin +€7,516
up €7,516 (+13.4%), from €56,053 to €63,569
- Staff costs -€1,798
no longer reported in 2025 (was €1,798)
- Taxes -€1,701
down €1,701 (-10.1%), from €16,842 to €15,141
- Depreciation +€1,169
new in 2025: €1,169
- Financial charges +€678
up €678 (+78.1%), from €868 to €1,546
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 | €66,231 | €117,950 | +€51,720 | +78.1% |
| Fixed assets | 21/28 | €6,241 | €3,568 | -€2,673 | -42.8% |
| Tangible fixed assets | 22/27 | €6,241 | €3,568 | -€2,673 | -42.8% |
| Furniture and vehicles | 24 | €6,241 | €3,568 | -€2,673 | -42.8% |
| Current assets | 29/58 | €59,989 | €114,382 | +€54,393 | +90.7% |
| Amounts receivable within one year | 40/41 | €13,053 | €9,790 | -€3,263 | -25.0% |
| Trade receivables | 40 | €13,053 | €9,790 | -€3,263 | -25.0% |
| Current investments | 50/53 | - | €30,665 | +€30,665 | |
| Cash at bank and in hand | 54/58 | €46,936 | €73,926 | +€26,991 | +57.5% |
| Total equity and liabilities | 10/49 | €66,231 | €117,950 | +€51,720 | +78.1% |
| Equity | 10/15 | €38,847 | €78,246 | +€39,399 | +101.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,847 | €75,246 | +€39,399 | +109.9% |
| Distributable reserves | 133 | €35,847 | €75,246 | +€39,399 | +109.9% |
| Amounts payable | 17/49 | €27,383 | €39,704 | +€12,321 | +45.0% |
| Amounts payable within one year | 42/48 | €27,383 | €39,704 | +€12,321 | +45.0% |
| Trade debts | 44 | €1,523 | €223 | -€1,300 | -85.4% |
| Suppliers | 440/4 | €1,523 | €223 | -€1,300 | -85.4% |
| Taxes, remuneration and social security | 45 | €22,861 | €36,502 | +€13,641 | +59.7% |
| Taxes | 450/3 | €22,861 | €36,502 | +€13,641 | +59.7% |
| Other amounts payable | 47/48 | €3,000 | €2,979 | -€21 | -0.7% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €1,798 | - | -€1,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,169 | +€1,169 | |
| Other operating charges | 640/8 | €698 | €679 | -€19 | -2.8% |
| Non-recurring operating charges | 66A | - | €5,636 | +€5,636 | |
| Gross operating margin | 9900 | €56,053 | €63,569 | +€7,516 | +13.4% |
| Operating profit (loss) | 9901 | €53,557 | €56,086 | +€2,529 | +4.7% |
| Financial charges | 65/66B | €868 | €1,546 | +€678 | +78.1% |
| Recurring financial charges | 65 | €868 | €1,546 | +€678 | +78.1% |
| Profit (loss) for the period before taxes | 9903 | €52,689 | €54,540 | +€1,851 | +3.5% |
| Income taxes | 67/77 | €16,842 | €15,141 | -€1,701 | -10.1% |
| Profit (loss) for the period | 9904 | €35,847 | €39,399 | +€3,552 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,847 | €39,399 | +€3,552 | +9.9% |
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 11 October 2026 via checked.be.