Bherremans: 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.
Bherremans
Largest movements
- Receivables within one year -€43,311
down €43,311 (-29.3%), from €147,591 to €104,280
of which Other amounts receivable: -€27,971
- Cash -€6,995
down €6,995 (-25.7%), from €27,211 to €20,216
mainly Contributions, distributions and other (-€45,989) and Tax, wage and social debts (-€10,201)
- Reserves -€29,937
down €29,937 (-13.3%), from €225,803 to €195,866
- Tax, wage and social debts -€10,201
down €10,201 (-33.9%), from €30,100 to €19,899
of which Taxes: -€25,929
- Trade debts -€7,209
down €7,209 (-67.9%), from €10,620 to €3,412
- Gross operating margin -€29,820
down €29,820 (-53.2%), from €56,061 to €26,241
- Taxes -€10,593
down €10,593 (-61.9%), from €17,104 to €6,511
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 | €285,123 | €237,777 | -€47,347 | -16.6% |
| Fixed assets | 21/28 | €13,762 | €15,062 | +€1,301 | +9.5% |
| Tangible fixed assets | 22/27 | €13,762 | €15,062 | +€1,301 | +9.5% |
| Land and buildings | 22 | €12,731 | €11,694 | -€1,038 | -8.2% |
| Plant, machinery and equipment | 23 | €387 | €3,088 | +€2,701 | +698.1% |
| Furniture and vehicles | 24 | €643 | €281 | -€362 | -56.3% |
| Current assets | 29/58 | €271,362 | €222,714 | -€48,647 | -17.9% |
| Amounts receivable after more than one year | 29 | €96,500 | €96,500 | = | 0.0% |
| Other amounts receivable | 291 | €96,500 | €96,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €147,591 | €104,280 | -€43,311 | -29.3% |
| Trade receivables | 40 | €15,840 | €500 | -€15,340 | -96.8% |
| Other amounts receivable | 41 | €131,751 | €103,780 | -€27,971 | -21.2% |
| Cash at bank and in hand | 54/58 | €27,211 | €20,216 | -€6,995 | -25.7% |
| Deferred charges and accrued income | 490/1 | €60 | €1,718 | +€1,658 | +2776.6% |
| Total equity and liabilities | 10/49 | €285,123 | €237,777 | -€47,347 | -16.6% |
| Equity | 10/15 | €244,403 | €214,466 | -€29,937 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,803 | €195,866 | -€29,937 | -13.3% |
| Distributable reserves | 133 | €225,803 | €195,866 | -€29,937 | -13.3% |
| Amounts payable | 17/49 | €40,721 | €23,311 | -€17,410 | -42.8% |
| Amounts payable within one year | 42/48 | €40,721 | €23,311 | -€17,410 | -42.8% |
| Trade debts | 44 | €10,620 | €3,412 | -€7,209 | -67.9% |
| Suppliers | 440/4 | €10,620 | €3,412 | -€7,209 | -67.9% |
| Taxes, remuneration and social security | 45 | €30,100 | €19,899 | -€10,201 | -33.9% |
| Taxes | 450/3 | €30,100 | €4,171 | -€25,929 | -86.1% |
| Remuneration and social security | 454/9 | - | €15,728 | +€15,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €2,387 | +€427 | +21.8% |
| Other operating charges | 640/8 | €568 | €658 | +€90 | +15.7% |
| Gross operating margin | 9900 | €56,061 | €26,241 | -€29,820 | -53.2% |
| Operating profit (loss) | 9901 | €53,532 | €23,196 | -€30,337 | -56.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €612 | €633 | +€21 | +3.4% |
| Recurring financial charges | 65 | €612 | €633 | +€21 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €52,921 | €22,563 | -€30,358 | -57.4% |
| Income taxes | 67/77 | €17,104 | €6,511 | -€10,593 | -61.9% |
| Profit (loss) for the period | 9904 | €35,817 | €16,052 | -€19,765 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,817 | €16,052 | -€19,765 | -55.2% |
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 9 October 2026 via checked.be.