BERUWO: 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.
BERUWO
Largest movements
- Cash +€85,227
up €85,227 (+201%), from €42,447 to €127,675
mainly Receivables within one year (+€57,524) and Net result for the year (+€34,406)
- Receivables within one year -€57,524
down €57,524 (-52.3%), from €109,948 to €52,424
of which Other amounts receivable: -€56,956
- Profit (loss) carried forward +€30,447
no longer reported in 2025 (was -€30,447)
- Debts after one year -€20,000
down €20,000 (-30.3%), from €66,056 to €46,056
- Tax, wage and social debts +€10,806
new in 2025: €10,806
- Reserves +€3,960
new in 2025: €3,960
- Other debts +€3,091
up €3,091 (+27.2%), from €11,349 to €14,440
- Depreciation -€10,667
no longer reported in 2025 (was €10,667)
- Taxes +€2,413
new in 2025: €2,413
- Gross operating margin -€1,974
down €1,974 (-5.2%), from €38,133 to €36,159
- Financial income +€912
new in 2025: €912
- Other operating charges -€385
down €385 (-72.0%), from €535 to €150
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 | €154,458 | €182,761 | +€28,303 | +18.3% |
| Fixed assets | 21/28 | €2,062 | €2,062 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,062 | €2,062 | = | 0.0% |
| Furniture and vehicles | 24 | €2,062 | €2,062 | = | 0.0% |
| Current assets | 29/58 | €152,396 | €180,699 | +€28,303 | +18.6% |
| Amounts receivable within one year | 40/41 | €109,948 | €52,424 | -€57,524 | -52.3% |
| Trade receivables | 40 | €17,992 | €17,424 | -€568 | -3.2% |
| Other amounts receivable | 41 | €91,956 | €35,000 | -€56,956 | -61.9% |
| Cash at bank and in hand | 54/58 | €42,447 | €127,675 | +€85,227 | +201% |
| Deferred charges and accrued income | 490/1 | - | €600 | +€600 | |
| Total equity and liabilities | 10/49 | €154,458 | €182,761 | +€28,303 | +18.3% |
| Equity | 10/15 | €77,053 | €111,460 | +€34,406 | +44.7% |
| Contributions | 10/11 | €107,500 | €107,500 | = | 0.0% |
| Reserves | 13 | - | €3,960 | +€3,960 | |
| Distributable reserves | 133 | - | €3,960 | +€3,960 | |
| Profit (loss) carried forward | 14 | -€30,447 | - | +€30,447 | |
| Amounts payable | 17/49 | €77,405 | €71,301 | -€6,103 | -7.9% |
| Amounts payable after more than one year | 17 | €66,056 | €46,056 | -€20,000 | -30.3% |
| Other amounts payable | 178/9 | €66,056 | €46,056 | -€20,000 | -30.3% |
| Amounts payable within one year | 42/48 | €11,349 | €25,245 | +€13,897 | +122% |
| Taxes, remuneration and social security | 45 | - | €10,806 | +€10,806 | |
| Taxes | 450/3 | - | €10,806 | +€10,806 | |
| Other amounts payable | 47/48 | €11,349 | €14,440 | +€3,091 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,667 | - | -€10,667 | |
| Other operating charges | 640/8 | €535 | €150 | -€385 | -72.0% |
| Gross operating margin | 9900 | €38,133 | €36,159 | -€1,974 | -5.2% |
| Operating profit (loss) | 9901 | €26,931 | €36,009 | +€9,078 | +33.7% |
| Financial income | 75/76B | - | €912 | +€912 | |
| Recurring financial income | 75 | - | €912 | +€912 | |
| Financial charges | 65/66B | €64 | €102 | +€39 | +60.5% |
| Recurring financial charges | 65 | €64 | €102 | +€39 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €26,868 | €36,819 | +€9,952 | +37.0% |
| Income taxes | 67/77 | - | €2,413 | +€2,413 | |
| Profit (loss) for the period | 9904 | €26,868 | €34,406 | +€7,539 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,868 | €34,406 | +€7,539 | +28.1% |
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 24 October 2026 via checked.be.