BERY INVEST: 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
BERY INVEST
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€312,047
2024 · -€643,356+€955,403
Equity
€9.3m
2024 · €2.4m+€7.0m
Cash
€46,358
2024 · €108,363-€62,005
Balance sheet total
€17.5m
2024 · €11.0m+€6.5m
Largest movements
Assets
- Tangible fixed assets +€6.6m
up €6.6m (+63.6%), from €10.4m to €17.0m
of which Land and buildings: +€6.6m
Equity and liabilities
- Revaluation surpluses +€6.7m
up €6.7m (+433%), from €1.5m to €8.2m
- Debts after one year -€1.1m
down €1.1m (-18.8%), from €6.0m to €4.9m
of which Financial debts: -€1.4m
- Short-term financial debts +€660,000
new in 2025: €660,000
- Reserves +€374,163
up €374,163 (+21.6%), from €1.7m to €2.1m
of which Tax-exempt reserves: +€374,163
- Current portion of long-term debt -€223,700
down €223,700 (-47.5%), from €471,137 to €247,437
Income statement
- Gross operating margin +€1.0m
up €1.0m (+200%), from €524,036 to €1.6m
- Other operating charges -€307,515
down €307,515 (-64.0%), from €480,443 to €172,928
- Financial charges +€145,029
up €145,029 (+103%), from €140,834 to €285,863
- Depreciation +€87,640
up €87,640 (+22.6%), from €386,948 to €474,588
- Staff costs +€19,099
up €19,099 (+14.3%), from €133,130 to €152,230
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
-€643,356
Gross operating margin
+€1.0m
Staff costs
-€19,099
Depreciation
-€87,640
Write-downs
+€6,295
Other operating charges
+€307,515
Other operating items
+€23,316
Financial income
-€1,120
Financial charges
-€145,029
Taxes
-€124
Deferred taxes and other
-€177,319
Result 2025
€312,047
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
+€1.0m
Investment
-€7.1m
Financing
+€6.0m
Cash 2024
€108,363
From operations (derived)
+€1.0m
Net result for the year
+€312,047
Depreciation
+€474,588
Smaller working-capital items
-€15,879
Deferred charges and accrued income
+€44,373
Provisions
+€97,075
Trade debts
+€106,933
Accrued charges and deferred income
+€22,613
Investment (derived)
-€7.1m
Investment in fixed assets (net)
-€7.1m
Financing
+€6.0m
Debts after one year
-€1.1m
Current portion of long-term debt
-€223,700
Short-term financial debts
+€660,000
Contributions, distributions and other
+€6.7m
Cash 2025
€46,358
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,966,701 | €17,455,899 | +€6.5m | +59.2% |
| Fixed assets | 21/28 | €10,362,784 | €16,953,057 | +€6.6m | +63.6% |
| Tangible fixed assets | 22/27 | €10,362,784 | €16,952,357 | +€6.6m | +63.6% |
| Land and buildings | 22 | €10,068,826 | €16,680,336 | +€6.6m | +65.7% |
| Plant, machinery and equipment | 23 | €34,900 | €6,416 | -€28,484 | -81.6% |
| Furniture and vehicles | 24 | €162,787 | €179,386 | +€16,599 | +10.2% |
| Other tangible fixed assets | 26 | €96,271 | €86,219 | -€10,052 | -10.4% |
| Financial fixed assets | 28 | - | €700 | +€700 | |
| Current assets | 29/58 | €603,917 | €502,842 | -€101,075 | -16.7% |
| Amounts receivable after more than one year | 29 | €335,851 | €332,915 | -€2,936 | -0.9% |
| Other amounts receivable | 291 | €335,851 | €332,915 | -€2,936 | -0.9% |
| Amounts receivable within one year | 40/41 | €81,262 | €89,502 | +€8,240 | +10.1% |
| Trade receivables | 40 | €9,287 | €17,945 | +€8,658 | +93.2% |
| Other amounts receivable | 41 | €71,975 | €71,557 | -€418 | -0.6% |
| Cash at bank and in hand | 54/58 | €108,363 | €46,358 | -€62,005 | -57.2% |
| Deferred charges and accrued income | 490/1 | €78,441 | €34,068 | -€44,373 | -56.6% |
| Total equity and liabilities | 10/49 | €10,966,701 | €17,455,899 | +€6.5m | +59.2% |
| Equity | 10/15 | €2,371,347 | €9,338,331 | +€7.0m | +294% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,536,763 | €8,191,699 | +€6.7m | +433% |
| Reserves | 13 | €1,728,639 | €2,102,803 | +€374,163 | +21.6% |
| Tax-exempt reserves | 132 | €1,723,580 | €2,097,743 | +€374,163 | +21.7% |
| Distributable reserves | 133 | €5,059 | €5,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,494,055 | -€1,556,171 | -€62,116 | -4.2% |
| Provisions and deferred taxes | 16 | €1,964,469 | €2,061,544 | +€97,075 | +4.9% |
| Provisions for liabilities and charges | 160/5 | €1,453,910 | €1,426,263 | -€27,646 | -1.9% |
| Environmental obligations | 163 | €1,453,910 | €1,426,263 | -€27,646 | -1.9% |
| Deferred taxes | 168 | €510,560 | €635,281 | +€124,721 | +24.4% |
| Amounts payable | 17/49 | €6,630,884 | €6,056,024 | -€574,860 | -8.7% |
| Amounts payable after more than one year | 17 | €6,023,459 | €4,893,329 | -€1.1m | -18.8% |
| Financial debts | 170/4 | €5,371,621 | €3,934,529 | -€1.4m | -26.8% |
| Other amounts payable | 178/9 | €651,838 | €958,800 | +€306,962 | +47.1% |
| Amounts payable within one year | 42/48 | €599,424 | €1,132,081 | +€532,657 | +88.9% |
| Current portion of amounts payable after more than one year | 42 | €471,137 | €247,437 | -€223,700 | -47.5% |
| Financial debts | 43 | - | €660,000 | +€660,000 | |
| Credit institutions | 430/8 | - | €660,000 | +€660,000 | |
| Trade debts | 44 | €103,082 | €210,015 | +€106,933 | +104% |
| Suppliers | 440/4 | €103,082 | €210,015 | +€106,933 | +104% |
| Taxes, remuneration and social security | 45 | €25,205 | €14,630 | -€10,575 | -42.0% |
| Taxes | 450/3 | - | €3,275 | +€3,275 | |
| Remuneration and social security | 454/9 | €25,205 | €11,354 | -€13,851 | -55.0% |
| Accrued charges and deferred income | 492/3 | €8,001 | €30,614 | +€22,613 | +283% |
| Remuneration, social security and pensions | 62 | €133,130 | €152,230 | +€19,099 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386,948 | €474,588 | +€87,640 | +22.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,295 | - | -€6,295 | |
| Other operating charges | 640/8 | €480,443 | €172,928 | -€307,515 | -64.0% |
| Non-recurring operating charges | 66A | €73,629 | €50,312 | -€23,316 | -31.7% |
| Gross operating margin | 9900 | €524,036 | €1,572,645 | +€1.0m | +200% |
| Operating profit (loss) | 9901 | -€556,409 | €722,586 | +€1.3m | |
| Financial income | 75/76B | €1,289 | €169 | -€1,120 | -86.9% |
| Recurring financial income | 75 | €1,289 | €169 | -€1,120 | -86.9% |
| Financial charges | 65/66B | €140,834 | €285,863 | +€145,029 | +103% |
| Recurring financial charges | 65 | €140,834 | €285,863 | +€145,029 | +103% |
| Profit (loss) for the period before taxes | 9903 | -€695,954 | €436,892 | +€1.1m | |
| Transfer from deferred taxes | 780 | €52,598 | €113,198 | +€60,600 | +115% |
| Transfer to deferred taxes | 680 | - | €237,919 | +€237,919 | |
| Income taxes | 67/77 | - | €124 | +€124 | |
| Profit (loss) for the period | 9904 | -€643,356 | €312,047 | +€955,403 | |
| Transfer from tax-exempt reserves | 789 | €144,776 | €339,594 | +€194,818 | +135% |
| Transfer to tax-exempt reserves | 689 | - | €713,758 | +€713,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€498,580 | -€62,116 | +€436,464 | +87.5% |
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 1 November 2026 via checked.be.