Berthold Technologies (Belgium): what changed
What changed
Berthold Technologies (Belgium)
NACE 32.500, Manufacture of medical and dental instruments and supplies
filed annual accounts (NBB)
Net result for the year
€342,610
2024 · €365,458-€22,848
Equity
€1.1m
2024 · €1.3m-€157,390
Cash
€1.4m
2024 · €1.1m+€264,304
Balance sheet total
€2.1m
2024 · €2.6m-€445,557
Largest movements
Assets
- Receivables within one year -€669,487
down €669,487 (-64.3%), from €1.0m to €371,665
of which Trade receivables: -€670,334
- Cash +€264,304
up €264,304 (+23.0%), from €1.1m to €1.4m
mainly Receivables within one year (+€669,487) and Net result for the year (+€342,610)
Equity and liabilities
- Reserves -€157,390
down €157,390 (-13.0%), from €1.2m to €1.0m
of which Distributable reserves: -€157,390
- Tax, wage and social debts -€105,064
down €105,064 (-22.1%), from €475,193 to €370,129
of which Taxes: -€129,316
- Trade debts -€82,062
down €82,062 (-25.3%), from €323,939 to €241,877
- Accrued charges and deferred income -€75,132
down €75,132 (-86.0%), from €87,374 to €12,242
- Provisions -€25,909
down €25,909 (-6.9%), from €376,381 to €350,472
Income statement
- Turnover -€698,755
down €698,755 (-17.6%), from €4.0m to €3.3m
- Goods and materials -€696,826
down €696,826 (-29.2%), from €2.4m to €1.7m
of which Purchases: -€736,281
- Staff costs +€46,872
up €46,872 (+5.9%), from €791,603 to €838,475
- Provisions -€42,746
down €42,746, from €16,837 to -€25,909
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€365,458
Turnover
-€698,755
Other operating income
+€12,951
Goods and materials
+€696,826
Services and other goods
+€7,268
Staff costs
-€46,872
Depreciation
-€3,057
Write-downs
-€26,018
Provisions
+€42,746
Other operating charges
-€652
Financial income
+€38
Financial charges
-€2,484
Taxes
-€4,839
Result 2025
€342,610
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€778,724
Investment
-€14,420
Financing
-€500,000
Cash 2024
€1.1m
From operations (derived)
+€778,724
Net result for the year
+€342,610
Depreciation
+€33,646
Stocks and contracts
+€20,607
Receivables within one year
+€669,487
Deferred charges and accrued income
+€541
Provisions
-€25,909
Trade debts
-€82,062
Tax, wage and social debts
-€105,064
Accrued charges and deferred income
-€75,132
Investment (derived)
-€14,420
Investment in fixed assets (net)
-€14,420
Financing
-€500,000
Contributions, distributions and other
-€500,000
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,550,094 | €2,104,537 | -€445,557 | -17.5% |
| Fixed assets | 21/28 | €169,764 | €150,538 | -€19,226 | -11.3% |
| Tangible fixed assets | 22/27 | €169,764 | €150,538 | -€19,226 | -11.3% |
| Land and buildings | 22 | €78,446 | €70,924 | -€7,522 | -9.6% |
| Plant, machinery and equipment | 23 | €55,377 | €54,304 | -€1,073 | -1.9% |
| Furniture and vehicles | 24 | €35,941 | €25,310 | -€10,631 | -29.6% |
| Current assets | 29/58 | €2,380,330 | €1,953,999 | -€426,331 | -17.9% |
| Stocks and contracts in progress | 3 | €189,232 | €168,625 | -€20,607 | -10.9% |
| Stocks | 30/36 | €189,232 | €168,625 | -€20,607 | -10.9% |
| Raw materials and consumables | 30/31 | €8,345 | €26,057 | +€17,712 | +212% |
| Goods purchased for resale | 34 | €180,887 | €142,568 | -€38,319 | -21.2% |
| Amounts receivable within one year | 40/41 | €1,041,152 | €371,665 | -€669,487 | -64.3% |
| Trade receivables | 40 | €1,041,010 | €370,676 | -€670,334 | -64.4% |
| Other amounts receivable | 41 | €142 | €989 | +€847 | +596% |
| Cash at bank and in hand | 54/58 | €1,146,898 | €1,411,202 | +€264,304 | +23.0% |
| Deferred charges and accrued income | 490/1 | €3,048 | €2,507 | -€541 | -17.7% |
| Total equity and liabilities | 10/49 | €2,550,094 | €2,104,537 | -€445,557 | -17.5% |
| Equity | 10/15 | €1,287,207 | €1,129,817 | -€157,390 | -12.2% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €1,207,207 | €1,049,817 | -€157,390 | -13.0% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €248,982 | €248,982 | = | 0.0% |
| Distributable reserves | 133 | €950,225 | €792,835 | -€157,390 | -16.6% |
| Provisions and deferred taxes | 16 | €376,381 | €350,472 | -€25,909 | -6.9% |
| Provisions for liabilities and charges | 160/5 | €376,381 | €350,472 | -€25,909 | -6.9% |
| Major repairs and maintenance | 162 | €68,947 | €64,982 | -€3,965 | -5.8% |
| Other liabilities and charges | 164/5 | €307,434 | €285,490 | -€21,944 | -7.1% |
| Amounts payable | 17/49 | €886,506 | €624,248 | -€262,258 | -29.6% |
| Amounts payable within one year | 42/48 | €799,132 | €612,006 | -€187,126 | -23.4% |
| Trade debts | 44 | €323,939 | €241,877 | -€82,062 | -25.3% |
| Suppliers | 440/4 | €323,939 | €241,877 | -€82,062 | -25.3% |
| Taxes, remuneration and social security | 45 | €475,193 | €370,129 | -€105,064 | -22.1% |
| Taxes | 450/3 | €299,088 | €169,772 | -€129,316 | -43.2% |
| Remuneration and social security | 454/9 | €176,105 | €200,357 | +€24,252 | +13.8% |
| Accrued charges and deferred income | 492/3 | €87,374 | €12,242 | -€75,132 | -86.0% |
| Operating income | 70/76A | €4,004,072 | €3,318,268 | -€685,804 | -17.1% |
| Turnover | 70 | €3,975,467 | €3,276,712 | -€698,755 | -17.6% |
| Other operating income | 74 | €28,605 | €41,556 | +€12,951 | +45.3% |
| Operating charges | 60/66A | €3,492,793 | €2,822,552 | -€670,241 | -19.2% |
| Goods for resale, raw materials and consumables | 60 | €2,389,210 | €1,692,384 | -€696,826 | -29.2% |
| Purchases | 600/8 | €2,438,160 | €1,701,879 | -€736,281 | -30.2% |
| Change in stocks: decrease (increase) | 609 | -€48,950 | -€9,495 | +€39,455 | +80.6% |
| Services and other goods | 61 | €234,937 | €227,669 | -€7,268 | -3.1% |
| Remuneration, social security and pensions | 62 | €791,603 | €838,475 | +€46,872 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,589 | €33,646 | +€3,057 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,871 | €48,889 | +€26,018 | +114% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €16,837 | -€25,909 | -€42,746 | |
| Other operating charges | 640/8 | €6,746 | €7,398 | +€652 | +9.7% |
| Operating profit (loss) | 9901 | €511,279 | €495,716 | -€15,563 | -3.0% |
| Financial income | 75/76B | €1,898 | €1,936 | +€38 | +2.0% |
| Recurring financial income | 75 | €1,898 | €1,936 | +€38 | +2.0% |
| Income from current assets | 751 | €1,898 | €1,936 | +€38 | +2.0% |
| Financial charges | 65/66B | €17,040 | €19,524 | +€2,484 | +14.6% |
| Recurring financial charges | 65 | €17,040 | €19,524 | +€2,484 | +14.6% |
| Debt charges | 650 | €11,051 | €9,455 | -€1,596 | -14.4% |
| Other financial charges | 652/9 | €5,989 | €10,069 | +€4,080 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | €496,137 | €478,128 | -€18,009 | -3.6% |
| Income taxes | 67/77 | €130,679 | €135,518 | +€4,839 | +3.7% |
| Taxes | 670/3 | €130,679 | €135,518 | +€4,839 | +3.7% |
| Profit (loss) for the period | 9904 | €365,458 | €342,610 | -€22,848 | -6.3% |
| Transfer to tax-exempt reserves | 689 | €126,300 | - | -€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €239,158 | €342,610 | +€103,452 | +43.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.