BERZAN: what changed
Two fiscal 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.
BERZAN
Largest movements
- Stocks and contracts -€25,159
down €25,159 (-53.2%), from €47,317 to €22,158
- Tangible fixed assets +€5,565
up €5,565 (+8.2%), from €67,707 to €73,272
of which Plant, machinery and equipment: +€4,185
- Profit (loss) carried forward -€41,919
down €41,919 (-80.0%), from -€52,374 to -€94,292
- Trade debts +€40,432
up €40,432 (+33.4%), from €120,931 to €161,363
- Current portion of long-term debt +€34,750
new in 2024: €34,750
- Tax, wage and social debts -€29,687
down €29,687 (-24.9%), from €119,189 to €89,502
of which Remuneration and social security: -€16,154
- Advances received -€13,970
down €13,970 (-93.3%), from €14,970 to €1,000
- Staff costs -€73,201
down €73,201 (-19.0%), from €385,231 to €312,029
- Other operating charges +€40,845
up €40,845 (+157.5%), from €25,932 to €66,777
- Gross operating margin -€6,169
down €6,169 (-1.6%), from €384,890 to €378,721
- Financial charges +€4,494
up €4,494 (+87.3%), from €5,145 to €9,639
- Depreciation +€4,234
up €4,234 (+18.4%), from €22,988 to €27,222
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,304 | €319,240 | -€20,064 | -5.9% |
| Fixed assets | 21/28 | €67,707 | €73,272 | +€5,565 | +8.2% |
| Tangible fixed assets | 22/27 | €67,707 | €73,272 | +€5,565 | +8.2% |
| Plant, machinery and equipment | 23 | €13,454 | €17,640 | +€4,185 | +31.1% |
| Furniture and vehicles | 24 | €35,790 | €39,189 | +€3,399 | +9.5% |
| Other tangible fixed assets | 26 | €18,463 | €16,443 | -€2,019 | -10.9% |
| Current assets | 29/58 | €271,597 | €245,968 | -€25,629 | -9.4% |
| Stocks and contracts in progress | 3 | €47,317 | €22,158 | -€25,159 | -53.2% |
| Stocks | 30/36 | €47,317 | €22,158 | -€25,159 | -53.2% |
| Amounts receivable within one year | 40/41 | €186,198 | €185,684 | -€514 | -0.3% |
| Trade receivables | 40 | €1,690 | €102 | -€1,588 | -94.0% |
| Other amounts receivable | 41 | €184,509 | €185,582 | +€1,074 | +0.6% |
| Cash at bank and in hand | 54/58 | €31,628 | €34,039 | +€2,411 | +7.6% |
| Deferred charges and accrued income | 490/1 | €6,454 | €4,087 | -€2,367 | -36.7% |
| Total equity and liabilities | 10/49 | €339,304 | €319,240 | -€20,064 | -5.9% |
| Equity | 10/15 | €47,626 | €5,708 | -€41,919 | -88.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,374 | -€94,292 | -€41,919 | -80.0% |
| Amounts payable | 17/49 | €291,678 | €313,532 | +€21,855 | +7.5% |
| Amounts payable within one year | 42/48 | €291,678 | €313,532 | +€21,855 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | - | €34,750 | +€34,750 | |
| Trade debts | 44 | €120,931 | €161,363 | +€40,432 | +33.4% |
| Suppliers | 440/4 | €120,931 | €161,363 | +€40,432 | +33.4% |
| Advances received on contracts in progress | 46 | €14,970 | €1,000 | -€13,970 | -93.3% |
| Taxes, remuneration and social security | 45 | €119,189 | €89,502 | -€29,687 | -24.9% |
| Taxes | 450/3 | €54,870 | €41,336 | -€13,533 | -24.7% |
| Remuneration and social security | 454/9 | €64,320 | €48,166 | -€16,154 | -25.1% |
| Other amounts payable | 47/48 | €36,588 | €26,917 | -€9,671 | -26.4% |
| Remuneration, social security and pensions | 62 | €385,231 | €312,029 | -€73,201 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,988 | €27,222 | +€4,234 | +18.4% |
| Other operating charges | 640/8 | €25,932 | €66,777 | +€40,845 | +157.5% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | €384,890 | €378,721 | -€6,169 | -1.6% |
| Operating profit (loss) | 9901 | -€49,261 | -€32,307 | +€16,954 | +34.4% |
| Financial income | 75/76B | €129 | €27 | -€103 | -79.3% |
| Recurring financial income | 75 | €129 | €27 | -€103 | -79.3% |
| Financial charges | 65/66B | €5,145 | €9,639 | +€4,494 | +87.3% |
| Recurring financial charges | 65 | €5,145 | €9,639 | +€4,494 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | -€54,276 | -€41,919 | +€12,358 | +22.8% |
| Profit (loss) for the period | 9904 | -€54,276 | -€41,919 | +€12,358 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,276 | -€41,919 | +€12,358 | +22.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.