BERREVOETS PROJECTS: 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.
BERREVOETS PROJECTS
Largest movements
- Cash -€199,254
down €199,254 (-35.1%), from €567,360 to €368,106
mainly Investment in fixed assets (net) (-€145,577) and Debts after one year (-€96,815)
- Financial fixed assets +€143,283
up €143,283 (+82.7%), from €173,286 to €316,570
- Receivables within one year -€44,240
down €44,240 (-69.3%), from €63,873 to €19,633
of which Trade receivables: -€35,067
- Tangible fixed assets -€35,154
down €35,154 (-3.3%), from €1.1m to €1.0m
of which Land and buildings: -€25,544
- Debts after one year -€96,815
down €96,815 (-33.8%), from €286,698 to €189,882
- Reserves -€33,707
down €33,707 (-2.3%), from €1.5m to €1.4m
- Gross operating margin +€29,090
up €29,090, from -€13,543 to €15,547
- Financial charges -€1,872
down €1,872 (-17.0%), from €10,991 to €9,119
- Financial income -€1,475
down €1,475 (-43.9%), from €3,363 to €1,888
- Other operating charges -€917
down €917 (-17.9%), from €5,108 to €4,191
- Depreciation +€844
up €844 (+2.3%), from €36,603 to €37,448
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 | €1,867,625 | €1,727,580 | -€140,045 | -7.5% |
| Fixed assets | 21/28 | €1,227,112 | €1,335,241 | +€108,129 | +8.8% |
| Tangible fixed assets | 22/27 | €1,053,825 | €1,018,671 | -€35,154 | -3.3% |
| Land and buildings | 22 | €1,009,783 | €984,239 | -€25,544 | -2.5% |
| Furniture and vehicles | 24 | €44,043 | €34,432 | -€9,611 | -21.8% |
| Financial fixed assets | 28 | €173,286 | €316,570 | +€143,283 | +82.7% |
| Current assets | 29/58 | €640,513 | €392,339 | -€248,174 | -38.7% |
| Amounts receivable within one year | 40/41 | €63,873 | €19,633 | -€44,240 | -69.3% |
| Trade receivables | 40 | €35,067 | - | -€35,067 | |
| Other amounts receivable | 41 | €28,807 | €19,633 | -€9,173 | -31.8% |
| Cash at bank and in hand | 54/58 | €567,360 | €368,106 | -€199,254 | -35.1% |
| Deferred charges and accrued income | 490/1 | €9,280 | €4,600 | -€4,680 | -50.4% |
| Total equity and liabilities | 10/49 | €1,867,625 | €1,727,580 | -€140,045 | -7.5% |
| Equity | 10/15 | €1,470,855 | €1,437,148 | -€33,707 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,452,255 | €1,418,548 | -€33,707 | -2.3% |
| Distributable reserves | 133 | €1,452,255 | €1,418,548 | -€33,707 | -2.3% |
| Amounts payable | 17/49 | €396,770 | €290,432 | -€106,338 | -26.8% |
| Amounts payable after more than one year | 17 | €286,698 | €189,882 | -€96,815 | -33.8% |
| Financial debts | 170/4 | €286,698 | €189,882 | -€96,815 | -33.8% |
| Amounts payable within one year | 42/48 | €107,505 | €100,550 | -€6,955 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €103,601 | €96,815 | -€6,785 | -6.5% |
| Trade debts | 44 | €3,249 | €2,351 | -€898 | -27.6% |
| Suppliers | 440/4 | €3,249 | €2,351 | -€898 | -27.6% |
| Taxes, remuneration and social security | 45 | €656 | €257 | -€399 | -60.8% |
| Taxes | 450/3 | - | €257 | +€257 | |
| Remuneration and social security | 454/9 | €656 | - | -€656 | |
| Other amounts payable | 47/48 | - | €1,127 | +€1,127 | |
| Accrued charges and deferred income | 492/3 | €2,567 | - | -€2,567 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,603 | €37,448 | +€844 | +2.3% |
| Other operating charges | 640/8 | €5,108 | €4,191 | -€917 | -17.9% |
| Gross operating margin | 9900 | -€13,543 | €15,547 | +€29,090 | |
| Operating profit (loss) | 9901 | -€55,254 | -€26,092 | +€29,162 | +52.8% |
| Financial income | 75/76B | €3,363 | €1,888 | -€1,475 | -43.9% |
| Recurring financial income | 75 | €3,363 | €1,888 | -€1,475 | -43.9% |
| Financial charges | 65/66B | €10,991 | €9,119 | -€1,872 | -17.0% |
| Recurring financial charges | 65 | €10,991 | €9,119 | -€1,872 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€62,882 | -€33,323 | +€29,559 | +47.0% |
| Income taxes | 67/77 | €485 | €384 | -€101 | -20.9% |
| Profit (loss) for the period | 9904 | -€63,367 | -€33,707 | +€29,660 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,367 | -€33,707 | +€29,660 | +46.8% |
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 17 October 2026 via checked.be.