BERTO MEUBELEN: 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.
BERTO MEUBELEN
Largest movements
- Tangible fixed assets +€141,850
up €141,850 (+249%), from €56,917 to €198,767
of which Land and buildings: +€161,496
- Cash +€33,848
up €33,848 (+12.4%), from €272,374 to €306,222
mainly Other debts (+€163,553) and Depreciation (+€23,961)
- Other debts +€163,553
up €163,553 (+581%), from €28,165 to €191,718
- Depreciation -€9,813
down €9,813 (-29.1%), from €33,774 to €23,961
- Financial income -€3,224
down €3,224 (-49.3%), from €6,536 to €3,312
- Gross operating margin -€3,023
down €3,023 (-6.5%), from €46,222 to €43,199
- Financial charges +€1,810
up €1,810 (+764%), from €237 to €2,047
- Taxes +€762
up €762 (+112%), from €681 to €1,443
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 | €351,615 | €519,428 | +€167,813 | +47.7% |
| Fixed assets | 21/28 | €57,052 | €198,902 | +€141,850 | +249% |
| Tangible fixed assets | 22/27 | €56,917 | €198,767 | +€141,850 | +249% |
| Land and buildings | 22 | - | €161,496 | +€161,496 | |
| Plant, machinery and equipment | 23 | €1,767 | €744 | -€1,023 | -57.9% |
| Furniture and vehicles | 24 | €11,400 | €1,528 | -€9,872 | -86.6% |
| Other tangible fixed assets | 26 | €43,750 | €35,000 | -€8,750 | -20.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €294,563 | €320,525 | +€25,963 | +8.8% |
| Amounts receivable after more than one year | 29 | €5,977 | €1,808 | -€4,169 | -69.8% |
| Other amounts receivable | 291 | €5,977 | €1,808 | -€4,169 | -69.8% |
| Amounts receivable within one year | 40/41 | €14,606 | €10,845 | -€3,761 | -25.7% |
| Trade receivables | 40 | €11,492 | €9,532 | -€1,961 | -17.1% |
| Other amounts receivable | 41 | €3,114 | €1,314 | -€1,800 | -57.8% |
| Cash at bank and in hand | 54/58 | €272,374 | €306,222 | +€33,848 | +12.4% |
| Deferred charges and accrued income | 490/1 | €1,605 | €1,650 | +€45 | +2.8% |
| Total equity and liabilities | 10/49 | €351,615 | €519,428 | +€167,813 | +47.7% |
| Equity | 10/15 | €318,349 | €320,933 | +€2,585 | +0.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €47,198 | €49,782 | +€2,584 | +5.5% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €127 | €127 | = | 0.0% |
| Distributable reserves | 133 | €22,071 | €24,655 | +€2,584 | +11.7% |
| Profit (loss) carried forward | 14 | €21,150 | €21,151 | +€1 | 0.0% |
| Amounts payable | 17/49 | €33,266 | €198,494 | +€165,228 | +497% |
| Amounts payable within one year | 42/48 | €33,266 | €196,689 | +€163,423 | +491% |
| Trade debts | 44 | €2,368 | €2,327 | -€41 | -1.7% |
| Suppliers | 440/4 | €2,368 | €2,327 | -€41 | -1.7% |
| Taxes, remuneration and social security | 45 | €2,733 | €2,644 | -€89 | -3.3% |
| Taxes | 450/3 | €2,733 | €2,644 | -€89 | -3.3% |
| Other amounts payable | 47/48 | €28,165 | €191,718 | +€163,553 | +581% |
| Accrued charges and deferred income | 492/3 | - | €1,805 | +€1,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,774 | €23,961 | -€9,813 | -29.1% |
| Other operating charges | 640/8 | €12,264 | €12,645 | +€381 | +3.1% |
| Gross operating margin | 9900 | €46,222 | €43,199 | -€3,023 | -6.5% |
| Operating profit (loss) | 9901 | €184 | €6,592 | +€6,408 | +3,482% |
| Financial income | 75/76B | €6,536 | €3,312 | -€3,224 | -49.3% |
| Recurring financial income | 75 | €6,536 | €3,312 | -€3,224 | -49.3% |
| Financial charges | 65/66B | €237 | €2,047 | +€1,810 | +764% |
| Recurring financial charges | 65 | €237 | €2,047 | +€1,810 | +764% |
| Profit (loss) for the period before taxes | 9903 | €6,483 | €7,858 | +€1,375 | +21.2% |
| Income taxes | 67/77 | €681 | €1,443 | +€762 | +112% |
| Profit (loss) for the period | 9904 | €5,802 | €6,415 | +€613 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,802 | €6,415 | +€613 | +10.6% |
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 31 October 2026 via checked.be.