BERTJE: 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.
BERTJE
Largest movements
- Cash -€23,623
down €23,623 (-35.3%), from €66,969 to €43,347
mainly Investment in fixed assets (net) (-€32,851) and Other debts (-€4,513)
- Tangible fixed assets +€17,671
up €17,671 (+51.5%), from €34,330 to €52,002
of which Furniture and vehicles: +€27,047
- Stocks and contracts +€1,840
up €1,840 (+38.5%), from €4,781 to €6,621
- Receivables within one year +€1,336
up €1,336 (+29.4%), from €4,540 to €5,876
of which Other amounts receivable: +€1,260
- Tax, wage and social debts +€4,858
up €4,858 (+289%), from €1,680 to €6,538
- Other debts -€4,513
down €4,513 (-4.2%), from €107,998 to €103,485
- Profit (loss) carried forward -€2,782
down €2,782 (-13.7%), from -€20,274 to -€23,057
- Gross operating margin -€21,960
down €21,960 (-61.2%), from €35,904 to €13,943
- Depreciation +€5,292
up €5,292 (+53.5%), from €9,888 to €15,180
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 | €113,953 | €111,269 | -€2,684 | -2.4% |
| Fixed assets | 21/28 | €35,130 | €52,802 | +€17,671 | +50.3% |
| Tangible fixed assets | 22/27 | €34,330 | €52,002 | +€17,671 | +51.5% |
| Plant, machinery and equipment | 23 | €11,421 | €5,607 | -€5,814 | -50.9% |
| Furniture and vehicles | 24 | €1,395 | €28,442 | +€27,047 | +1,940% |
| Other tangible fixed assets | 26 | €21,515 | €17,953 | -€3,563 | -16.6% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €78,822 | €58,467 | -€20,355 | -25.8% |
| Stocks and contracts in progress | 3 | €4,781 | €6,621 | +€1,840 | +38.5% |
| Stocks | 30/36 | €4,781 | €6,621 | +€1,840 | +38.5% |
| Amounts receivable within one year | 40/41 | €4,540 | €5,876 | +€1,336 | +29.4% |
| Trade receivables | 40 | €495 | €571 | +€76 | +15.4% |
| Other amounts receivable | 41 | €4,045 | €5,305 | +€1,260 | +31.1% |
| Cash at bank and in hand | 54/58 | €66,969 | €43,347 | -€23,623 | -35.3% |
| Deferred charges and accrued income | 490/1 | €2,532 | €2,623 | +€92 | +3.6% |
| Total equity and liabilities | 10/49 | €113,953 | €111,269 | -€2,684 | -2.4% |
| Equity | 10/15 | -€1,674 | -€4,457 | -€2,782 | -166% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,274 | -€23,057 | -€2,782 | -13.7% |
| Amounts payable | 17/49 | €115,627 | €115,725 | +€98 | +0.1% |
| Amounts payable within one year | 42/48 | €110,738 | €110,716 | -€22 | 0.0% |
| Trade debts | 44 | €1,060 | €694 | -€366 | -34.6% |
| Suppliers | 440/4 | €1,060 | €694 | -€366 | -34.6% |
| Taxes, remuneration and social security | 45 | €1,680 | €6,538 | +€4,858 | +289% |
| Taxes | 450/3 | €1,680 | €6,538 | +€4,858 | +289% |
| Other amounts payable | 47/48 | €107,998 | €103,485 | -€4,513 | -4.2% |
| Accrued charges and deferred income | 492/3 | €4,889 | €5,009 | +€120 | +2.5% |
| Non-recurring operating income | 76A | €4,647 | €2,000 | -€2,647 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,888 | €15,180 | +€5,292 | +53.5% |
| Other operating charges | 640/8 | €1,262 | €1,466 | +€205 | +16.2% |
| Non-recurring operating charges | 66A | €2,479 | - | -€2,479 | |
| Gross operating margin | 9900 | €35,904 | €13,943 | -€21,960 | -61.2% |
| Operating profit (loss) | 9901 | €22,275 | -€2,703 | -€24,978 | |
| Financial charges | 65/66B | €99 | €79 | -€20 | -20.1% |
| Recurring financial charges | 65 | €99 | €79 | -€20 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €22,176 | -€2,782 | -€24,958 | |
| Profit (loss) for the period | 9904 | €22,176 | -€2,782 | -€24,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,176 | -€2,782 | -€24,958 |
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 14 October 2026 via checked.be.