BERTRI: 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.
BERTRI
Largest movements
- Receivables within one year -€17,288
down €17,288 (-44.9%), from €38,510 to €21,222
of which Other amounts receivable: -€13,804
- Financial fixed assets +€7,200
up €7,200 (+4000.0%), from €180 to €7,380
- Tangible fixed assets -€904
down €904 (-14.0%), from €6,448 to €5,544
of which Land and buildings: -€617
- Profit (loss) carried forward -€12,630
down €12,630 (-42.4%), from -€29,763 to -€42,392
- Trade debts +€1,174
up €1,174 (+20.0%), from €5,866 to €7,040
- Financial income -€8,703
down €8,703 (-83.7%), from €10,395 to €1,693
- Other operating charges +€7,407
up €7,407 (+163.8%), from €4,521 to €11,928
- Gross operating margin -€6,002
down €6,002 (-69.1%), from €8,681 to €2,678
- Taxes -€4,215
no longer reported in 2025 (was €4,215)
- Financial charges +€1,544
up €1,544 (+58.8%), from €2,625 to €4,169
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 | €61,724 | €50,563 | -€11,161 | -18.1% |
| Fixed assets | 21/28 | €6,628 | €12,924 | +€6,296 | +95.0% |
| Tangible fixed assets | 22/27 | €6,448 | €5,544 | -€904 | -14.0% |
| Land and buildings | 22 | €6,003 | €5,386 | -€617 | -10.3% |
| Plant, machinery and equipment | 23 | €445 | €159 | -€286 | -64.4% |
| Financial fixed assets | 28 | €180 | €7,380 | +€7,200 | +4000.0% |
| Current assets | 29/58 | €55,096 | €37,639 | -€17,458 | -31.7% |
| Amounts receivable within one year | 40/41 | €38,510 | €21,222 | -€17,288 | -44.9% |
| Trade receivables | 40 | €3,984 | €500 | -€3,484 | -87.4% |
| Other amounts receivable | 41 | €34,526 | €20,722 | -€13,804 | -40.0% |
| Cash at bank and in hand | 54/58 | €16,158 | €16,416 | +€258 | +1.6% |
| Deferred charges and accrued income | 490/1 | €428 | - | -€428 | |
| Total equity and liabilities | 10/49 | €61,724 | €50,563 | -€11,161 | -18.1% |
| Equity | 10/15 | €46,404 | €33,775 | -€12,630 | -27.2% |
| Contributions | 10/11 | €19,378 | €19,378 | = | 0.0% |
| Contributions outside capital | 11 | €19,378 | €19,378 | = | 0.0% |
| Share premium | 1100/10 | €19,378 | €19,378 | = | 0.0% |
| Reserves | 13 | €56,789 | €56,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €54,789 | €54,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,763 | -€42,392 | -€12,630 | -42.4% |
| Amounts payable | 17/49 | €15,320 | €16,788 | +€1,468 | +9.6% |
| Amounts payable within one year | 42/48 | €15,320 | €16,788 | +€1,468 | +9.6% |
| Trade debts | 44 | €5,866 | €7,040 | +€1,174 | +20.0% |
| Suppliers | 440/4 | €5,866 | €7,040 | +€1,174 | +20.0% |
| Taxes, remuneration and social security | 45 | €9,453 | €9,748 | +€294 | +3.1% |
| Taxes | 450/3 | €9,453 | €9,748 | +€294 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458 | €904 | +€446 | +97.5% |
| Other operating charges | 640/8 | €4,521 | €11,928 | +€7,407 | +163.8% |
| Gross operating margin | 9900 | €8,681 | €2,678 | -€6,002 | -69.1% |
| Operating profit (loss) | 9901 | €3,702 | -€10,153 | -€13,855 | |
| Financial income | 75/76B | €10,395 | €1,693 | -€8,703 | -83.7% |
| Recurring financial income | 75 | €10,395 | €1,693 | -€8,703 | -83.7% |
| Financial charges | 65/66B | €2,625 | €4,169 | +€1,544 | +58.8% |
| Recurring financial charges | 65 | €2,625 | €4,169 | +€1,544 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €11,472 | -€12,630 | -€24,102 | |
| Income taxes | 67/77 | €4,215 | - | -€4,215 | |
| Profit (loss) for the period | 9904 | €7,258 | -€12,630 | -€19,887 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,258 | -€12,630 | -€19,887 |
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 10 October 2026 via checked.be.