BERT.: 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.
BERT.
Largest movements
- Cash -€12,104
down €12,104 (-77.8%), from €15,553 to €3,449
mainly Contributions, distributions and other (-€24,926) and Other debts (-€6,580)
- Tangible fixed assets -€833
down €833 (-18.7%), from €4,459 to €3,626
of which Furniture and vehicles: -€815
- Other debts -€6,580
down €6,580 (-30.9%), from €21,298 to €14,719
- Tax, wage and social debts -€4,771
down €4,771 (-47.2%), from €10,102 to €5,331
of which Taxes: -€3,314
- Trade debts -€1,227
down €1,227 (-60.9%), from €2,017 to €789
No income-statement line moved by more than 1% of the activity.
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 | €35,917 | €23,339 | -€12,578 | -35.0% |
| Fixed assets | 21/28 | €4,459 | €3,626 | -€833 | -18.7% |
| Tangible fixed assets | 22/27 | €4,459 | €3,626 | -€833 | -18.7% |
| Plant, machinery and equipment | 23 | €2,239 | €2,220 | -€19 | -0.8% |
| Furniture and vehicles | 24 | €2,220 | €1,406 | -€815 | -36.7% |
| Current assets | 29/58 | €31,458 | €19,713 | -€11,745 | -37.3% |
| Amounts receivable within one year | 40/41 | €15,906 | €16,264 | +€359 | +2.3% |
| Trade receivables | 40 | €15,906 | €13,397 | -€2,508 | -15.8% |
| Other amounts receivable | 41 | - | €2,867 | +€2,867 | |
| Cash at bank and in hand | 54/58 | €15,553 | €3,449 | -€12,104 | -77.8% |
| Total equity and liabilities | 10/49 | €35,917 | €23,339 | -€12,578 | -35.0% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €33,417 | €20,839 | -€12,578 | -37.6% |
| Amounts payable within one year | 42/48 | €33,417 | €20,839 | -€12,578 | -37.6% |
| Trade debts | 44 | €2,017 | €789 | -€1,227 | -60.9% |
| Suppliers | 440/4 | €2,017 | €789 | -€1,227 | -60.9% |
| Taxes, remuneration and social security | 45 | €10,102 | €5,331 | -€4,771 | -47.2% |
| Taxes | 450/3 | €8,645 | €5,331 | -€3,314 | -38.3% |
| Remuneration and social security | 454/9 | €1,456 | - | -€1,456 | |
| Other amounts payable | 47/48 | €21,298 | €14,719 | -€6,580 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,895 | €1,966 | +€71 | +3.8% |
| Other operating charges | 640/8 | €485 | €505 | +€19 | +3.9% |
| Gross operating margin | 9900 | €36,346 | €36,570 | +€224 | +0.6% |
| Operating profit (loss) | 9901 | €33,965 | €34,099 | +€134 | +0.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.4% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €33,926 | €34,059 | +€133 | +0.4% |
| Income taxes | 67/77 | €9,143 | €9,133 | -€9 | -0.1% |
| Profit (loss) for the period | 9904 | €24,784 | €24,926 | +€142 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,784 | €24,926 | +€142 | +0.6% |
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 31 October 2026 via checked.be.