BERSTO: 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.
BERSTO
Largest movements
- Deferred charges and accrued income +€16,364
up €16,364 (+98.5%), from €16,612 to €32,976
- Tangible fixed assets -€15,944
down €15,944 (-6.7%), from €237,202 to €221,258
of which Plant, machinery and equipment: -€15,944
- Current investments -€15,001
down €15,001 (-12.4%), from €121,001 to €106,000
- Profit (loss) carried forward -€8,366
down €8,366 (-2.4%), from €346,450 to €338,084
- Purchases and services +€9,602
new in 2025: €9,602
- Other operating charges +€3,931
up €3,931 (+57.3%), from €6,865 to €10,796
- Depreciation +€2,231
up €2,231 (+16.3%), from €13,713 to €15,944
- Financial income -€914
down €914 (-14.7%), from €6,208 to €5,294
- Gross operating margin +€305
up €305 (+2.3%), from €13,163 to €13,467
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 | €648,340 | €638,860 | -€9,481 | -1.5% |
| Fixed assets | 21/28 | €407,202 | €391,258 | -€15,944 | -3.9% |
| Tangible fixed assets | 22/27 | €237,202 | €221,258 | -€15,944 | -6.7% |
| Land and buildings | 22 | €146,257 | €146,257 | = | 0.0% |
| Plant, machinery and equipment | 23 | €90,945 | €75,001 | -€15,944 | -17.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €170,000 | €170,000 | = | 0.0% |
| Current assets | 29/58 | €241,138 | €247,602 | +€6,463 | +2.7% |
| Amounts receivable within one year | 40/41 | €102,852 | €106,719 | +€3,866 | +3.8% |
| Trade receivables | 40 | €22,852 | €26,719 | +€3,866 | +16.9% |
| Other amounts receivable | 41 | €80,000 | €80,000 | = | 0.0% |
| Current investments | 50/53 | €121,001 | €106,000 | -€15,001 | -12.4% |
| Cash at bank and in hand | 54/58 | €673 | €1,907 | +€1,234 | +183% |
| Deferred charges and accrued income | 490/1 | €16,612 | €32,976 | +€16,364 | +98.5% |
| Total equity and liabilities | 10/49 | €648,340 | €638,860 | -€9,481 | -1.5% |
| Equity | 10/15 | €632,767 | €624,401 | -€8,366 | -1.3% |
| Contributions | 10/11 | €260,288 | €260,288 | = | 0.0% |
| Capital | 10 | €260,288 | €260,288 | = | 0.0% |
| Issued capital | 100 | €260,288 | €260,288 | = | 0.0% |
| Reserves | 13 | €26,029 | €26,029 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,029 | €26,029 | = | 0.0% |
| Legal reserve | 130 | €26,029 | €26,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | €346,450 | €338,084 | -€8,366 | -2.4% |
| Amounts payable | 17/49 | €15,573 | €14,458 | -€1,115 | -7.2% |
| Amounts payable within one year | 42/48 | €15,573 | €14,458 | -€1,115 | -7.2% |
| Trade debts | 44 | €12,573 | €14,458 | +€1,885 | +15.0% |
| Suppliers | 440/4 | €12,573 | €14,458 | +€1,885 | +15.0% |
| Other amounts payable | 47/48 | €3,000 | €0 | -€3,000 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €9,602 | +€9,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,713 | €15,944 | +€2,231 | +16.3% |
| Other operating charges | 640/8 | €6,865 | €10,796 | +€3,931 | +57.3% |
| Gross operating margin | 9900 | €13,163 | €13,467 | +€305 | +2.3% |
| Operating profit (loss) | 9901 | -€7,415 | -€13,273 | -€5,858 | -79.0% |
| Financial income | 75/76B | €6,208 | €5,294 | -€914 | -14.7% |
| Recurring financial income | 75 | €6,208 | €5,294 | -€914 | -14.7% |
| Financial charges | 65/66B | €70 | €73 | +€3 | +4.1% |
| Recurring financial charges | 65 | €70 | €73 | +€3 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,277 | -€8,051 | -€6,775 | -531% |
| Income taxes | 67/77 | €238 | €315 | +€77 | +32.2% |
| Profit (loss) for the period | 9904 | -€1,515 | -€8,366 | -€6,851 | -452% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,515 | -€8,366 | -€6,851 | -452% |
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 20 October 2026 via checked.be.