DENIS BERTE: 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.
DENIS BERTE
Largest movements
- Tangible fixed assets -€38,970
down €38,970 (-8.3%), from €470,069 to €431,099
of which Land and buildings: -€20,790
- Current investments +€30,000
up €30,000 (+366,748%), from €8 to €30,008
- Cash +€12,232
up €12,232 (+1,308%), from €935 to €13,168
mainly Net result for the year (+€68,934) and Depreciation (+€54,378)
- Debts after one year -€52,889
down €52,889 (-91.9%), from €57,534 to €4,645
- Reserves +€46,534
up €46,534 (+15.9%), from €292,115 to €338,649
of which Distributable reserves: +€46,534
- Other debts +€8,091
up €8,091 (+28.4%), from €28,529 to €36,620
- Tax, wage and social debts +€6,754
up €6,754 (+122%), from €5,520 to €12,274
of which Taxes: +€8,647
- Gross operating margin +€62,330
up €62,330 (+63.0%), from €98,869 to €161,199
- Taxes +€18,642
up €18,642 (+158%), from €11,764 to €30,406
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.
Derived cash bridge
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 | €472,725 | €477,029 | +€4,303 | +0.9% |
| Fixed assets | 21/28 | €470,094 | €431,124 | -€38,970 | -8.3% |
| Tangible fixed assets | 22/27 | €470,069 | €431,099 | -€38,970 | -8.3% |
| Land and buildings | 22 | €401,560 | €380,770 | -€20,790 | -5.2% |
| Plant, machinery and equipment | 23 | €15,438 | €12,377 | -€3,062 | -19.8% |
| Furniture and vehicles | 24 | €53,071 | €37,952 | -€15,119 | -28.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €2,631 | €45,905 | +€43,274 | +1,645% |
| Current investments | 50/53 | €8 | €30,008 | +€30,000 | +366,748% |
| Cash at bank and in hand | 54/58 | €935 | €13,168 | +€12,232 | +1,308% |
| Deferred charges and accrued income | 490/1 | €1,687 | €2,729 | +€1,041 | +61.7% |
| Total equity and liabilities | 10/49 | €472,725 | €477,029 | +€4,303 | +0.9% |
| Equity | 10/15 | €310,707 | €357,241 | +€46,534 | +15.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €292,115 | €338,649 | +€46,534 | +15.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €290,256 | €336,790 | +€46,534 | +16.0% |
| Amounts payable | 17/49 | €162,018 | €119,787 | -€42,231 | -26.1% |
| Amounts payable after more than one year | 17 | €57,534 | €4,645 | -€52,889 | -91.9% |
| Financial debts | 170/4 | €57,534 | €4,645 | -€52,889 | -91.9% |
| Amounts payable within one year | 42/48 | €104,484 | €115,142 | +€10,658 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €56,083 | €57,967 | +€1,884 | +3.4% |
| Financial debts | 43 | €3,169 | - | -€3,169 | |
| Credit institutions | 430/8 | €3,169 | - | -€3,169 | |
| Trade debts | 44 | €11,183 | €8,280 | -€2,902 | -26.0% |
| Suppliers | 440/4 | €11,183 | €8,280 | -€2,902 | -26.0% |
| Taxes, remuneration and social security | 45 | €5,520 | €12,274 | +€6,754 | +122% |
| Taxes | 450/3 | €1,759 | €10,406 | +€8,647 | +492% |
| Remuneration and social security | 454/9 | €3,761 | €1,868 | -€1,893 | -50.3% |
| Other amounts payable | 47/48 | €28,529 | €36,620 | +€8,091 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,719 | €54,378 | -€341 | -0.6% |
| Other operating charges | 640/8 | €3,570 | €3,804 | +€234 | +6.6% |
| Gross operating margin | 9900 | €98,869 | €161,199 | +€62,330 | +63.0% |
| Operating profit (loss) | 9901 | €40,580 | €103,017 | +€62,437 | +154% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €4,620 | €3,676 | -€943 | -20.4% |
| Recurring financial charges | 65 | €4,620 | €3,676 | -€943 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €35,985 | €99,340 | +€63,355 | +176% |
| Income taxes | 67/77 | €11,764 | €30,406 | +€18,642 | +158% |
| Profit (loss) for the period | 9904 | €24,221 | €68,934 | +€44,713 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €24,221 | €68,934 | +€44,713 | +185% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.