BERTANNI: 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.
BERTANNI
Largest movements
- Tangible fixed assets -€12,022
down €12,022 (-11.1%), from €108,170 to €96,147
of which Land and buildings: -€9,925
- Receivables within one year -€5,471
down €5,471 (-36.9%), from €14,822 to €9,351
- Other debts -€7,215
down €7,215 (-9.0%), from €79,763 to €72,547
- Profit (loss) carried forward -€6,288
down €6,288 (-25.3%), from -€24,897 to -€31,185
- Debts after one year -€4,472
down €4,472 (-9.3%), from €48,022 to €43,550
- Gross operating margin +€8,407
up €8,407 (+274%), from €3,070 to €11,477
- Depreciation -€499
down €499 (-4.0%), from €12,521 to €12,022
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 | €135,395 | €118,151 | -€17,244 | -12.7% |
| Fixed assets | 21/28 | €108,170 | €96,147 | -€12,022 | -11.1% |
| Tangible fixed assets | 22/27 | €108,170 | €96,147 | -€12,022 | -11.1% |
| Land and buildings | 22 | €101,855 | €91,930 | -€9,925 | -9.7% |
| Plant, machinery and equipment | 23 | €5,927 | €4,217 | -€1,710 | -28.8% |
| Furniture and vehicles | 24 | €387 | €0 | -€387 | -100% |
| Current assets | 29/58 | €27,226 | €22,004 | -€5,221 | -19.2% |
| Stocks and contracts in progress | 3 | €12,304 | €12,304 | = | 0.0% |
| Stocks | 30/36 | €12,304 | €12,304 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,822 | €9,351 | -€5,471 | -36.9% |
| Trade receivables | 40 | €14,822 | €9,351 | -€5,471 | -36.9% |
| Cash at bank and in hand | 54/58 | €100 | €349 | +€250 | +250% |
| Total equity and liabilities | 10/49 | €135,395 | €118,151 | -€17,244 | -12.7% |
| Equity | 10/15 | -€16,837 | -€23,125 | -€6,288 | -37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,897 | -€31,185 | -€6,288 | -25.3% |
| Amounts payable | 17/49 | €152,232 | €141,277 | -€10,956 | -7.2% |
| Amounts payable after more than one year | 17 | €48,022 | €43,550 | -€4,472 | -9.3% |
| Financial debts | 170/4 | €48,022 | €43,550 | -€4,472 | -9.3% |
| Amounts payable within one year | 42/48 | €104,211 | €97,727 | -€6,484 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €4,741 | €4,844 | +€103 | +2.2% |
| Financial debts | 43 | €18,693 | €18,965 | +€272 | +1.5% |
| Credit institutions | 430/8 | €18,693 | €18,965 | +€272 | +1.5% |
| Trade debts | 44 | €327 | €531 | +€204 | +62.4% |
| Suppliers | 440/4 | €327 | €531 | +€204 | +62.4% |
| Taxes, remuneration and social security | 45 | €687 | €839 | +€152 | +22.2% |
| Taxes | 450/3 | €687 | €839 | +€152 | +22.2% |
| Other amounts payable | 47/48 | €79,763 | €72,547 | -€7,215 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,521 | €12,022 | -€499 | -4.0% |
| Other operating charges | 640/8 | €605 | €516 | -€89 | -14.8% |
| Non-recurring operating charges | 66A | €20 | - | -€20 | |
| Gross operating margin | 9900 | €3,070 | €11,477 | +€8,407 | +274% |
| Operating profit (loss) | 9901 | -€10,076 | -€1,062 | +€9,015 | +89.5% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1,552% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1,552% |
| Financial charges | 65/66B | €5,208 | €5,230 | +€22 | +0.4% |
| Recurring financial charges | 65 | €5,208 | €5,230 | +€22 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,284 | -€6,288 | +€8,996 | +58.9% |
| Profit (loss) for the period | 9904 | -€15,284 | -€6,288 | +€8,996 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,284 | -€6,288 | +€8,996 | +58.9% |
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 13 October 2026 via checked.be.