BERTIMES & CO: 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.
BERTIMES & CO
Largest movements
- Cash +€16,117
up €16,117 (+68.0%), from €23,711 to €39,828
mainly Net result for the year (+€37,081) and Tax, wage and social debts (+€5,747)
- Reserves +€24,510
up €24,510 (+32.4%), from €75,721 to €100,231
- Debts after one year -€17,466
down €17,466 (-20.7%), from €84,254 to €66,788
- Tax, wage and social debts +€5,747
up €5,747 (+64.3%), from €8,940 to €14,686
- Gross operating margin +€27,787
up €27,787 (+199%), from €13,978 to €41,765
- Taxes +€6,116
up €6,116 (+133%), from €4,583 to €10,699
- Financial income +€3,803
up €3,803 (+33.1%), from €11,505 to €15,308
- Financial charges +€2,619
up €2,619 (+332%), from €788 to €3,407
- Other operating charges -€876
down €876 (-41.7%), from €2,100 to €1,224
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 | €218,002 | €231,747 | +€13,745 | +6.3% |
| Fixed assets | 21/28 | €192,906 | €191,443 | -€1,463 | -0.8% |
| Tangible fixed assets | 22/27 | €13,095 | €11,631 | -€1,463 | -11.2% |
| Furniture and vehicles | 24 | €13,095 | €11,631 | -€1,463 | -11.2% |
| Financial fixed assets | 28 | €179,811 | €179,811 | = | 0.0% |
| Current assets | 29/58 | €25,097 | €40,305 | +€15,208 | +60.6% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €23,711 | €39,828 | +€16,117 | +68.0% |
| Deferred charges and accrued income | 490/1 | €1,386 | €477 | -€909 | -65.6% |
| Total equity and liabilities | 10/49 | €218,002 | €231,747 | +€13,745 | +6.3% |
| Equity | 10/15 | €94,371 | €118,881 | +€24,510 | +26.0% |
| Contributions | 10/11 | €18,650 | €18,650 | = | 0.0% |
| Reserves | 13 | €75,721 | €100,231 | +€24,510 | +32.4% |
| Distributable reserves | 133 | €75,721 | €100,231 | +€24,510 | +32.4% |
| Amounts payable | 17/49 | €123,632 | €112,866 | -€10,765 | -8.7% |
| Amounts payable after more than one year | 17 | €84,254 | €66,788 | -€17,466 | -20.7% |
| Financial debts | 170/4 | €84,254 | €66,788 | -€17,466 | -20.7% |
| Amounts payable within one year | 42/48 | €39,378 | €46,078 | +€6,700 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €16,859 | €17,466 | +€607 | +3.6% |
| Trade debts | 44 | €1,538 | €400 | -€1,138 | -74.0% |
| Suppliers | 440/4 | €1,538 | €400 | -€1,138 | -74.0% |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €8,940 | €14,686 | +€5,747 | +64.3% |
| Taxes | 450/3 | €8,940 | €14,686 | +€5,747 | +64.3% |
| Other amounts payable | 47/48 | €12,042 | €13,527 | +€1,485 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,200 | €4,662 | +€462 | +11.0% |
| Other operating charges | 640/8 | €2,100 | €1,224 | -€876 | -41.7% |
| Gross operating margin | 9900 | €13,978 | €41,765 | +€27,787 | +199% |
| Operating profit (loss) | 9901 | €7,678 | €35,879 | +€28,201 | +367% |
| Financial income | 75/76B | €11,505 | €15,308 | +€3,803 | +33.1% |
| Recurring financial income | 75 | €11,505 | €15,308 | +€3,803 | +33.1% |
| Financial charges | 65/66B | €788 | €3,407 | +€2,619 | +332% |
| Recurring financial charges | 65 | €788 | €3,407 | +€2,619 | +332% |
| Profit (loss) for the period before taxes | 9903 | €18,395 | €47,780 | +€29,385 | +160% |
| Income taxes | 67/77 | €4,583 | €10,699 | +€6,116 | +133% |
| Profit (loss) for the period | 9904 | €13,812 | €37,081 | +€23,269 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €13,812 | €37,081 | +€23,269 | +168% |
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 15 October 2026 via checked.be.