BerryAlloc NV: 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.
What changed
BerryAlloc NV
NACE 16.210, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€31.2m
2023 · -€37.4m+€6.1m
Equity
€46.6m
2023 · €40.8m+€5.8m
Cash
€1.7m
2023 · €6.2m-€4.5m
Balance sheet total
€70.9m
2023 · €81.1m-€10.2m
Largest movements
Assets
- Tangible fixed assets -€11.1m
down €11.1m (-40.1%), from €27.6m to €16.5m
of which Plant, machinery and equipment: -€16.6m
- Current investments +€7.0m
new in 2024: €7.0m
- Cash -€4.5m
down €4.5m (-72.3%), from €6.2m to €1.7m
mainly Net result for the year (-€31.2m) and Debts after one year (-€8.8m)
- Deferred charges and accrued income -€1.7m
down €1.7m (-49.7%), from €3.3m to €1.7m
Equity and liabilities
- Debts after one year -€8.8m
no longer reported in 2024 (was €8.8m)
- Profit (loss) carried forward +€6.1m
up €6.1m (+16.4%), from -€37.4m to -€31.2m
- Trade debts -€3.9m
down €3.9m (-16.0%), from €24.6m to €20.6m
- Current portion of long-term debt -€3.8m
no longer reported in 2024 (was €3.8m)
- Provisions +€1.1m
up €1.1m (+177.3%), from €635,084 to €1.8m
Income statement
- Turnover -€18.4m
down €18.4m (-14.9%), from €123.0m to €104.6m
- Goods and materials -€17.8m
down €17.8m (-21.1%), from €84.7m to €66.8m
of which Change in stocks: decrease (increase): -€12.1m
- Services and other goods -€12.1m
down €12.1m (-25.7%), from €47.3m to €35.1m
- Staff costs -€5.8m
down €5.8m (-31.1%), from €18.5m to €12.8m
- Depreciation -€2.3m
down €2.3m (-45.2%), from €5.0m to €2.7m
From the 2023 result to the 2024 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 2023
-€37.4m
Turnover
-€18.4m
Other operating income
-€286,542
Goods and materials
+€17.8m
Services and other goods
+€12.1m
Staff costs
+€5.8m
Depreciation
+€2.3m
Write-downs
-€1.3m
Provisions
+€51,801
Other operating charges
-€766,834
Other operating items
-€12.1m
Financial income
-€180,586
Financial charges
+€1.0m
Taxes
+€2,012
Result 2024
-€31.2m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€30.6m
Investment
+€1.8m
Financing
+€24.4m
Cash 2023
€6.2m
From operations (derived)
-€30.6m
Net result for the year
-€31.2m
Depreciation
+€2.7m
Smaller working-capital items
-€22,229
Receivables within one year
-€444,303
Deferred charges and accrued income
+€1.7m
Provisions
+€1.1m
Trade debts
-€3.9m
Tax, wage and social debts
-€513,122
Investment (derived)
+€1.8m
Investment in fixed assets (net)
+€8.8m
Current investments
-€7.0m
Financing
+€24.4m
Debts after one year
-€8.8m
Current portion of long-term debt
-€3.8m
Contributions, distributions and other
+€37.0m
Cash 2024
€1.7m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,125,860 | €70,937,855 | -€10.2m | -12.6% |
| Fixed assets | 21/28 | €28,596,252 | €17,097,365 | -€11.5m | -40.2% |
| Intangible fixed assets | 21 | €969,837 | €560,749 | -€409,088 | -42.2% |
| Tangible fixed assets | 22/27 | €27,626,415 | €16,536,617 | -€11.1m | -40.1% |
| Land and buildings | 22 | €4,252,704 | €4,169,835 | -€82,869 | -1.9% |
| Plant, machinery and equipment | 23 | €22,286,744 | €5,676,709 | -€16.6m | -74.5% |
| Furniture and vehicles | 24 | €247,047 | €261,197 | +€14,151 | +5.7% |
| Other tangible fixed assets | 26 | €630,894 | €6,316,978 | +€5.7m | +901.3% |
| Assets under construction and advance payments | 27 | €209,026 | €111,898 | -€97,128 | -46.5% |
| Current assets | 29/58 | €52,529,609 | €53,840,490 | +€1.3m | +2.5% |
| Stocks and contracts in progress | 3 | €23,756,679 | €23,738,243 | -€18,436 | -0.1% |
| Stocks | 30/36 | €23,756,679 | €23,738,243 | -€18,436 | -0.1% |
| Raw materials and consumables | 30/31 | €5,767,017 | €3,221,061 | -€2.5m | -44.1% |
| Work in progress | 32 | €4,171,553 | €1,922,502 | -€2.2m | -53.9% |
| Finished goods | 33 | €8,724,300 | €5,293,447 | -€3.4m | -39.3% |
| Goods purchased for resale | 34 | €5,093,809 | €13,301,232 | +€8.2m | +161.1% |
| Amounts receivable within one year | 40/41 | €19,276,478 | €19,720,780 | +€444,303 | +2.3% |
| Trade receivables | 40 | €17,810,493 | €16,768,395 | -€1.0m | -5.9% |
| Other amounts receivable | 41 | €1,465,984 | €2,952,385 | +€1.5m | +101.4% |
| Current investments | 50/53 | - | €7,000,000 | +€7.0m | |
| Other investments | 51/53 | - | €7,000,000 | +€7.0m | |
| Cash at bank and in hand | 54/58 | €6,157,709 | €1,702,852 | -€4.5m | -72.3% |
| Deferred charges and accrued income | 490/1 | €3,338,743 | €1,678,615 | -€1.7m | -49.7% |
| Total equity and liabilities | 10/49 | €81,125,860 | €70,937,855 | -€10.2m | -12.6% |
| Equity | 10/15 | €40,799,173 | €46,564,715 | +€5.8m | +14.1% |
| Contributions | 10/11 | €76,955,625 | €76,581,623 | -€374,002 | -0.5% |
| Capital | 10 | €76,955,625 | €76,581,623 | -€374,002 | -0.5% |
| Issued capital | 100 | €76,955,625 | €76,581,623 | -€374,002 | -0.5% |
| Reserves | 13 | €1,217,550 | €1,217,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €285,780 | €285,780 | = | 0.0% |
| Legal reserve | 130 | €285,780 | €285,780 | = | 0.0% |
| Distributable reserves | 133 | €931,771 | €931,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,374,002 | -€31,234,459 | +€6.1m | +16.4% |
| Provisions and deferred taxes | 16 | €635,084 | €1,761,017 | +€1.1m | +177.3% |
| Provisions for liabilities and charges | 160/5 | €635,084 | €1,761,017 | +€1.1m | +177.3% |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | €635,084 | €1,761,017 | +€1.1m | +177.3% |
| Amounts payable | 17/49 | €39,691,603 | €22,612,123 | -€17.1m | -43.0% |
| Amounts payable after more than one year | 17 | €8,800,000 | - | -€8.8m | |
| Financial debts | 170/4 | €8,800,000 | - | -€8.8m | |
| Credit institutions | 173 | €8,800,000 | - | -€8.8m | |
| Amounts payable within one year | 42/48 | €30,832,705 | €22,593,891 | -€8.2m | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €3,800,000 | - | -€3.8m | |
| Trade debts | 44 | €24,572,606 | €20,646,914 | -€3.9m | -16.0% |
| Suppliers | 440/4 | €24,572,606 | €20,646,914 | -€3.9m | -16.0% |
| Taxes, remuneration and social security | 45 | €2,460,099 | €1,946,977 | -€513,122 | -20.9% |
| Taxes | 450/3 | €154,058 | €187,186 | +€33,129 | +21.5% |
| Remuneration and social security | 454/9 | €2,306,042 | €1,759,791 | -€546,251 | -23.7% |
| Accrued charges and deferred income | 492/3 | €58,898 | €18,232 | -€40,666 | -69.0% |
| Operating income | 70/76A | €124,045,804 | €106,395,443 | -€17.7m | -14.2% |
| Turnover | 70 | €123,015,151 | €104,624,862 | -€18.4m | -14.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,588,602 | -€1,551,028 | +€1.0m | +40.1% |
| Other operating income | 74 | €3,004,346 | €2,717,804 | -€286,542 | -9.5% |
| Non-recurring operating income | 76A | €614,910 | €603,805 | -€11,105 | -1.8% |
| Operating charges | 60/66A | €159,442,141 | €136,516,796 | -€22.9m | -14.4% |
| Goods for resale, raw materials and consumables | 60 | €84,675,552 | €66,838,561 | -€17.8m | -21.1% |
| Purchases | 600/8 | €80,159,872 | €74,454,398 | -€5.7m | -7.1% |
| Change in stocks: decrease (increase) | 609 | €4,515,681 | -€7,615,837 | -€12.1m | |
| Services and other goods | 61 | €47,275,255 | €35,139,506 | -€12.1m | -25.7% |
| Remuneration, social security and pensions | 62 | €18,535,696 | €12,764,472 | -€5.8m | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,979,766 | €2,729,491 | -€2.3m | -45.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,330,419 | -€1,072,556 | +€1.3m | +54.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€213,703 | -€265,504 | -€51,801 | -24.2% |
| Other operating charges | 640/8 | €568,572 | €1,335,405 | +€766,834 | +134.9% |
| Non-recurring operating charges | 66A | €5,951,422 | €19,047,421 | +€13.1m | +220.0% |
| Operating profit (loss) | 9901 | -€35,396,337 | -€30,121,353 | +€5.3m | +14.9% |
| Financial income | 75/76B | €678,324 | €497,738 | -€180,586 | -26.6% |
| Recurring financial income | 75 | €678,324 | €497,738 | -€180,586 | -26.6% |
| Income from current assets | 751 | €35,076 | €63,186 | +€28,110 | +80.1% |
| Other financial income | 752/9 | €643,247 | €434,552 | -€208,695 | -32.4% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €2,643,762 | €1,600,629 | -€1.0m | -39.5% |
| Recurring financial charges | 65 | €2,643,762 | €1,600,629 | -€1.0m | -39.5% |
| Debt charges | 650 | €1,762,051 | €888,677 | -€873,374 | -49.6% |
| Other financial charges | 652/9 | €881,711 | €711,952 | -€169,759 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€37,361,776 | -€31,224,244 | +€6.1m | +16.4% |
| Income taxes | 67/77 | €12,226 | €10,214 | -€2,012 | -16.5% |
| Taxes | 670/3 | €12,226 | €10,214 | -€2,012 | -16.5% |
| Profit (loss) for the period | 9904 | -€37,374,002 | -€31,234,458 | +€6.1m | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,374,002 | -€31,234,458 | +€6.1m | +16.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.