BERVICHEESE: 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.
What changed
BERVICHEESE
NACE 47.271, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€912
2024 · €2,054-€1,141
Equity
€238,430
2024 · €244,840-€6,410
Cash
€32,699
2024 · €32,115+€585
Balance sheet total
€483,062
2024 · €545,774-€62,712
Largest movements
Assets
- Tangible fixed assets -€63,138
down €63,138 (-17.7%), from €356,369 to €293,231
- Stocks and contracts +€11,724
up €11,724 (+12.8%), from €91,318 to €103,042
- Receivables within one year -€9,672
down €9,672 (-16.2%), from €59,617 to €49,944
Equity and liabilities
- Debts after one year -€33,126
down €33,126 (-64.2%), from €51,612 to €18,486
of which Financial debts: -€29,761
- Trade debts -€10,885
down €10,885 (-50.9%), from €21,369 to €10,485
- Tax, wage and social debts -€7,741
down €7,741 (-56.2%), from €13,772 to €6,030
of which Remuneration and social security: -€7,025
- Investment grants -€7,322
down €7,322 (-40.1%), from €18,270 to €10,948
Income statement
- Staff costs +€16,051
up €16,051 (+23.1%), from €69,378 to €85,429
- Gross operating margin +€9,697
up €9,697 (+6.8%), from €141,699 to €151,395
- Depreciation +€6,512
up €6,512 (+11.3%), from €57,606 to €64,117
- Financial income +€6,158
up €6,158 (+450%), from €1,370 to €7,528
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.
Result 2024
€2,054
Gross operating margin
+€9,697
Staff costs
-€16,051
Depreciation
-€6,512
Other operating charges
+€602
Other operating items
+€2,306
Financial income
+€6,158
Financial charges
+€40
Taxes
-€0
Deferred taxes and other
+€2,619
Result 2025
€912
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€40,912
Investment
-€980
Financing
-€39,348
Cash 2024
€32,115
From operations (derived)
+€40,912
Net result for the year
+€912
Depreciation
+€64,117
Stocks and contracts
-€11,724
Receivables within one year
+€9,672
Deferred charges and accrued income
+€2,210
Provisions
-€3,170
Trade debts
-€10,885
Tax, wage and social debts
-€7,741
Other debts
-€2,481
Investment (derived)
-€980
Investment in fixed assets (net)
-€980
Financing
-€39,348
Debts after one year
-€33,126
Current portion of long-term debt
+€1,100
Contributions, distributions and other
-€7,322
Cash 2025
€32,699
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €545,774 | €483,062 | -€62,712 | -11.5% |
| Fixed assets | 21/28 | €357,613 | €294,475 | -€63,138 | -17.7% |
| Tangible fixed assets | 22/27 | €356,369 | €293,231 | -€63,138 | -17.7% |
| Land and buildings | 22 | €172,950 | €153,071 | -€19,879 | -11.5% |
| Plant, machinery and equipment | 23 | €137,415 | €107,451 | -€29,964 | -21.8% |
| Furniture and vehicles | 24 | €26,225 | €19,501 | -€6,724 | -25.6% |
| Other tangible fixed assets | 26 | €19,779 | €13,208 | -€6,571 | -33.2% |
| Financial fixed assets | 28 | €1,244 | €1,244 | = | 0.0% |
| Current assets | 29/58 | €188,161 | €188,587 | +€426 | +0.2% |
| Stocks and contracts in progress | 3 | €91,318 | €103,042 | +€11,724 | +12.8% |
| Stocks | 30/36 | €91,318 | €103,042 | +€11,724 | +12.8% |
| Amounts receivable within one year | 40/41 | €59,617 | €49,944 | -€9,672 | -16.2% |
| Trade receivables | 40 | €59,617 | €49,944 | -€9,672 | -16.2% |
| Cash at bank and in hand | 54/58 | €32,115 | €32,699 | +€585 | +1.8% |
| Deferred charges and accrued income | 490/1 | €5,112 | €2,902 | -€2,210 | -43.2% |
| Total equity and liabilities | 10/49 | €545,774 | €483,062 | -€62,712 | -11.5% |
| Equity | 10/15 | €244,840 | €238,430 | -€6,410 | -2.6% |
| Contributions | 10/11 | €63,213 | €63,213 | = | 0.0% |
| Reserves | 13 | €27,750 | €27,750 | = | 0.0% |
| Distributable reserves | 133 | €27,750 | €27,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,607 | €136,519 | +€912 | +0.7% |
| Investment grants | 15 | €18,270 | €10,948 | -€7,322 | -40.1% |
| Provisions and deferred taxes | 16 | €7,861 | €4,692 | -€3,170 | -40.3% |
| Deferred taxes | 168 | €7,861 | €4,692 | -€3,170 | -40.3% |
| Amounts payable | 17/49 | €293,073 | €239,940 | -€53,133 | -18.1% |
| Amounts payable after more than one year | 17 | €51,612 | €18,486 | -€33,126 | -64.2% |
| Financial debts | 170/4 | €45,272 | €15,511 | -€29,761 | -65.7% |
| Other amounts payable | 178/9 | €6,340 | €2,976 | -€3,365 | -53.1% |
| Amounts payable within one year | 42/48 | €241,461 | €221,454 | -€20,007 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €36,589 | €37,689 | +€1,100 | +3.0% |
| Trade debts | 44 | €21,369 | €10,485 | -€10,885 | -50.9% |
| Suppliers | 440/4 | €21,369 | €10,485 | -€10,885 | -50.9% |
| Taxes, remuneration and social security | 45 | €13,772 | €6,030 | -€7,741 | -56.2% |
| Taxes | 450/3 | €2,008 | €1,291 | -€716 | -35.7% |
| Remuneration and social security | 454/9 | €11,764 | €4,739 | -€7,025 | -59.7% |
| Other amounts payable | 47/48 | €169,730 | €167,249 | -€2,481 | -1.5% |
| Non-recurring operating income | 76A | €8,732 | €1,328 | -€7,404 | -84.8% |
| Remuneration, social security and pensions | 62 | €69,378 | €85,429 | +€16,051 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,606 | €64,117 | +€6,512 | +11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,267 | €4,267 | = | 0.0% |
| Other operating charges | 640/8 | €3,304 | €2,702 | -€602 | -18.2% |
| Non-recurring operating charges | 66A | €2,542 | €235 | -€2,306 | -90.7% |
| Gross operating margin | 9900 | €141,699 | €151,395 | +€9,697 | +6.8% |
| Operating profit (loss) | 9901 | €4,603 | -€5,355 | -€9,958 | |
| Financial income | 75/76B | €1,370 | €7,528 | +€6,158 | +450% |
| Recurring financial income | 75 | €1,370 | €7,528 | +€6,158 | +450% |
| Financial charges | 65/66B | €4,470 | €4,430 | -€40 | -0.9% |
| Recurring financial charges | 65 | €4,470 | €4,430 | -€40 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €1,503 | -€2,257 | -€3,760 | |
| Transfer from deferred taxes | 780 | €551 | €3,170 | +€2,619 | +475% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +88.9% |
| Profit (loss) for the period | 9904 | €2,054 | €912 | -€1,141 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,054 | €912 | -€1,141 | -55.6% |
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 29 October 2026 via checked.be.