BERTEVELDE: 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.
BERTEVELDE
Largest movements
- Financial fixed assets +€50,000
up €50,000 (+1.7%), from €3.0m to €3.0m
- Other debts +€256,767
up €256,767 (+31.3%), from €819,181 to €1.1m
- Current portion of long-term debt -€193,850
down €193,850 (-53.3%), from €363,422 to €169,573
- Trade debts -€51,610
down €51,610 (-37.2%), from €138,908 to €87,298
- Financial income -€255,505
down €255,505 (-100.0%), from €255,505 to €0
- Gross operating margin +€23,523
up €23,523 (+116.0%), from €20,278 to €43,801
- Financial charges -€12,216
down €12,216 (-21.5%), from €56,701 to €44,486
- Other operating charges +€645
up €645 (+322.6%), from €200 to €845
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.
Cash bridge derived
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 | €3,077,226 | €3,116,890 | +€39,664 | +1.3% |
| Fixed assets | 21/28 | €2,989,278 | €3,039,278 | +€50,000 | +1.7% |
| Financial fixed assets | 28 | €2,989,278 | €3,039,278 | +€50,000 | +1.7% |
| Current assets | 29/58 | €87,948 | €77,612 | -€10,336 | -11.8% |
| Amounts receivable within one year | 40/41 | €45,040 | €53,560 | +€8,520 | +18.9% |
| Trade receivables | 40 | €43,560 | €43,560 | = | 0.0% |
| Other amounts receivable | 41 | €1,480 | €10,000 | +€8,520 | +575.7% |
| Cash at bank and in hand | 54/58 | €42,908 | €24,052 | -€18,856 | -43.9% |
| Total equity and liabilities | 10/49 | €3,077,226 | €3,116,890 | +€39,664 | +1.3% |
| Equity | 10/15 | €1,428,069 | €1,426,539 | -€1,530 | -0.1% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €998,069 | €996,539 | -€1,530 | -0.2% |
| Amounts payable | 17/49 | €1,649,157 | €1,690,351 | +€41,194 | +2.5% |
| Amounts payable after more than one year | 17 | €327,646 | €355,578 | +€27,932 | +8.5% |
| Financial debts | 170/4 | €327,646 | €355,578 | +€27,932 | +8.5% |
| Amounts payable within one year | 42/48 | €1,321,511 | €1,334,774 | +€13,263 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €363,422 | €169,573 | -€193,850 | -53.3% |
| Trade debts | 44 | €138,908 | €87,298 | -€51,610 | -37.2% |
| Suppliers | 440/4 | €138,908 | €87,298 | -€51,610 | -37.2% |
| Taxes, remuneration and social security | 45 | - | €1,955 | +€1,955 | |
| Taxes | 450/3 | - | €1,955 | +€1,955 | |
| Other amounts payable | 47/48 | €819,181 | €1,075,948 | +€256,767 | +31.3% |
| Other operating charges | 640/8 | €200 | €845 | +€645 | +322.6% |
| Gross operating margin | 9900 | €20,278 | €43,801 | +€23,523 | +116.0% |
| Operating profit (loss) | 9901 | €20,078 | €42,956 | +€22,877 | +113.9% |
| Financial income | 75/76B | €255,505 | €0 | -€255,505 | -100.0% |
| Recurring financial income | 75 | €255,505 | €0 | -€255,505 | -100.0% |
| Financial charges | 65/66B | €56,701 | €44,486 | -€12,216 | -21.5% |
| Recurring financial charges | 65 | €56,701 | €44,486 | -€12,216 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €218,882 | -€1,530 | -€220,413 | |
| Income taxes | 67/77 | -€362 | €0 | +€362 | |
| Profit (loss) for the period | 9904 | €219,244 | -€1,530 | -€220,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €219,244 | -€1,530 | -€220,774 |
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 11 October 2026 via checked.be.