BERZEL: 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.
BERZEL
Largest movements
- Tangible fixed assets -€9,913
down €9,913 (-26.3%), from €37,742 to €27,829
- Cash +€1,602
up €1,602 (+5.3%), from €29,954 to €31,556
mainly Depreciation (+€10,971) and Net result for the year (+€892)
- Debts after one year -€8,195
down €8,195 (-27.9%), from €29,331 to €21,136
- Trade debts -€1,464
no longer reported in 2025 (was €1,464)
- Profit (loss) carried forward +€892
up €892 (+3.0%), from €30,193 to €31,085
- Turnover -€58,193
no longer reported in 2025 (was €58,193)
- Purchases and services -€48,370
no longer reported in 2025 (was €48,370)
- Gross operating margin +€6,253
up €6,253 (+61.2%), from €10,217 to €16,471
- Financial income -€3,340
down €3,340 (-94.5%), from €3,534 to €194
- Depreciation +€3,333
up €3,333 (+43.6%), from €7,638 to €10,971
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 | €71,045 | €62,262 | -€8,783 | -12.4% |
| Fixed assets | 21/28 | €37,742 | €27,829 | -€9,913 | -26.3% |
| Tangible fixed assets | 22/27 | €37,742 | €27,829 | -€9,913 | -26.3% |
| Furniture and vehicles | 24 | €37,742 | €27,829 | -€9,913 | -26.3% |
| Current assets | 29/58 | €33,303 | €34,433 | +€1,130 | +3.4% |
| Amounts receivable within one year | 40/41 | €3,349 | €2,877 | -€472 | -14.1% |
| Other amounts receivable | 41 | €3,349 | €2,877 | -€472 | -14.1% |
| Cash at bank and in hand | 54/58 | €29,954 | €31,556 | +€1,602 | +5.3% |
| Total equity and liabilities | 10/49 | €71,045 | €62,262 | -€8,783 | -12.4% |
| Equity | 10/15 | €30,431 | €31,323 | +€892 | +2.9% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €38 | €38 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38 | €38 | = | 0.0% |
| Reserves not available under the articles | 1311 | €38 | €38 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,193 | €31,085 | +€892 | +3.0% |
| Amounts payable | 17/49 | €40,615 | €30,939 | -€9,675 | -23.8% |
| Amounts payable after more than one year | 17 | €29,331 | €21,136 | -€8,195 | -27.9% |
| Financial debts | 170/4 | €29,331 | €21,136 | -€8,195 | -27.9% |
| Amounts payable within one year | 42/48 | €11,284 | €9,803 | -€1,481 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €8,195 | €8,195 | = | 0.0% |
| Trade debts | 44 | €1,464 | - | -€1,464 | |
| Suppliers | 440/4 | €1,464 | - | -€1,464 | |
| Taxes, remuneration and social security | 45 | €1,625 | €1,608 | -€17 | -1.0% |
| Taxes | 450/3 | €1,625 | €1,608 | -€17 | -1.0% |
| Turnover | 70 | €58,193 | - | -€58,193 | |
| Non-recurring operating income | 76A | €394 | - | -€394 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,370 | - | -€48,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,638 | €10,971 | +€3,333 | +43.6% |
| Other operating charges | 640/8 | €3,015 | €2,248 | -€767 | -25.4% |
| Gross operating margin | 9900 | €10,217 | €16,471 | +€6,253 | +61.2% |
| Operating profit (loss) | 9901 | -€436 | €3,252 | +€3,687 | |
| Financial income | 75/76B | €3,534 | €194 | -€3,340 | -94.5% |
| Recurring financial income | 75 | €3,534 | €194 | -€3,340 | -94.5% |
| Financial charges | 65/66B | €2,610 | €2,553 | -€57 | -2.2% |
| Recurring financial charges | 65 | €2,610 | €2,553 | -€57 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €488 | €892 | +€404 | +82.9% |
| Income taxes | 67/77 | €363 | - | -€363 | |
| Profit (loss) for the period | 9904 | €124 | €892 | +€768 | +616.8% |
| Profit (loss) for the period to be appropriated | 9905 | €124 | €892 | +€768 | +616.8% |
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 11 October 2026 via checked.be.