Beromaj: 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.
Beromaj
Largest movements
- Tangible fixed assets +€125,359
up €125,359 (+327.3%), from €38,300 to €163,659
of which Other tangible fixed assets: +€98,509
- Cash -€16,154
down €16,154 (-85.6%), from €18,882 to €2,728
mainly Investment in fixed assets (net) (-€149,199) and Net result for the year (-€28,560)
- Debts after one year +€83,384
up €83,384 (+333.5%), from €25,000 to €108,384
- Profit (loss) carried forward -€35,560
down €35,560 (-350.9%), from -€10,133 to -€45,694
- Other debts +€25,585
up €25,585 (+382.1%), from €6,696 to €32,281
- Current portion of long-term debt +€25,000
new in 2025: €25,000
- Short-term financial debts +€14,833
new in 2025: €14,833
of which Credit institutions: +€7,633
- Staff costs +€28,847
up €28,847 (+19.8%), from €145,508 to €174,355
- Gross operating margin -€19,897
down €19,897 (-10.4%), from €191,924 to €172,027
- Depreciation +€11,360
up €11,360 (+91.0%), from €12,480 to €23,840
- Other operating charges -€3,941
down €3,941 (-80.7%), from €4,881 to €940
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 | €62,444 | €171,637 | +€109,192 | +174.9% |
| Fixed assets | 21/28 | €39,050 | €164,409 | +€125,359 | +321.0% |
| Tangible fixed assets | 22/27 | €38,300 | €163,659 | +€125,359 | +327.3% |
| Land and buildings | 22 | €3,293 | €2,972 | -€321 | -9.7% |
| Plant, machinery and equipment | 23 | €27,654 | €57,820 | +€30,166 | +109.1% |
| Furniture and vehicles | 24 | €7,352 | €4,357 | -€2,995 | -40.7% |
| Other tangible fixed assets | 26 | - | €98,509 | +€98,509 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €23,394 | €7,228 | -€16,167 | -69.1% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13 | - | -€13 | |
| Other amounts receivable | 41 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €18,882 | €2,728 | -€16,154 | -85.6% |
| Total equity and liabilities | 10/49 | €62,444 | €171,637 | +€109,192 | +174.9% |
| Equity | 10/15 | €2,267 | -€33,294 | -€35,560 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,133 | -€45,694 | -€35,560 | -350.9% |
| Amounts payable | 17/49 | €60,177 | €204,930 | +€144,753 | +240.5% |
| Amounts payable after more than one year | 17 | €25,000 | €108,384 | +€83,384 | +333.5% |
| Financial debts | 170/4 | €25,000 | €108,384 | +€83,384 | +333.5% |
| Amounts payable within one year | 42/48 | €35,177 | €96,546 | +€61,369 | +174.5% |
| Current portion of amounts payable after more than one year | 42 | - | €25,000 | +€25,000 | |
| Financial debts | 43 | - | €14,833 | +€14,833 | |
| Credit institutions | 430/8 | - | €7,633 | +€7,633 | |
| Other loans | 439 | - | €7,200 | +€7,200 | |
| Trade debts | 44 | €18,298 | €4,393 | -€13,905 | -76.0% |
| Suppliers | 440/4 | €18,298 | €4,393 | -€13,905 | -76.0% |
| Taxes, remuneration and social security | 45 | €10,183 | €20,038 | +€9,855 | +96.8% |
| Taxes | 450/3 | €800 | €12,096 | +€11,296 | +1411.9% |
| Remuneration and social security | 454/9 | €9,383 | €7,943 | -€1,440 | -15.3% |
| Other amounts payable | 47/48 | €6,696 | €32,281 | +€25,585 | +382.1% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €145,508 | €174,355 | +€28,847 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,480 | €23,840 | +€11,360 | +91.0% |
| Other operating charges | 640/8 | €4,881 | €940 | -€3,941 | -80.7% |
| Gross operating margin | 9900 | €191,924 | €172,027 | -€19,897 | -10.4% |
| Operating profit (loss) | 9901 | €29,055 | -€27,108 | -€56,163 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €932 | €1,474 | +€542 | +58.1% |
| Recurring financial charges | 65 | €932 | €1,474 | +€542 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €28,123 | -€28,560 | -€56,683 | |
| Profit (loss) for the period | 9904 | €28,123 | -€28,560 | -€56,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,123 | -€28,560 | -€56,683 |
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 3 October 2026 via checked.be.