ETS BERTON: 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.
ETS BERTON
Largest movements
- Tangible fixed assets -€13,390
down €13,390 (-16.0%), from €83,785 to €70,395
of which Furniture and vehicles: -€15,564
- Receivables within one year +€9,119
up €9,119 (+136.9%), from €6,661 to €15,781
of which Trade receivables: +€8,414
- Intangible fixed assets -€6,119
down €6,119 (-50.0%), from €12,237 to €6,119
- Deferred charges and accrued income -€1,508
no longer reported in 2025 (was €1,508)
- Debts after one year -€14,633
down €14,633 (-43.3%), from €33,785 to €19,152
- Trade debts +€4,707
up €4,707 (+22.2%), from €21,207 to €25,914
- Other debts -€2,019
down €2,019 (-6.2%), from €32,642 to €30,623
- Profit (loss) carried forward -€1,145
down €1,145 (-4.4%), from -€26,063 to -€27,208
- Gross operating margin +€10,813
up €10,813 (+54.9%), from €19,711 to €30,524
- Depreciation +€8,005
up €8,005 (+45.4%), from €17,648 to €25,653
- Taxes -€1,435
no longer reported in 2025 (was €1,435)
- Other operating charges +€800
up €800 (+27.5%), from €2,907 to €3,706
- Financial charges +€349
up €349 (+21.7%), from €1,609 to €1,958
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 | €113,074 | €100,585 | -€12,489 | -11.0% |
| Fixed assets | 21/28 | €96,022 | €76,513 | -€19,509 | -20.3% |
| Intangible fixed assets | 21 | €12,237 | €6,119 | -€6,119 | -50.0% |
| Tangible fixed assets | 22/27 | €83,785 | €70,395 | -€13,390 | -16.0% |
| Plant, machinery and equipment | 23 | €2,754 | €4,928 | +€2,173 | +78.9% |
| Furniture and vehicles | 24 | €81,031 | €65,467 | -€15,564 | -19.2% |
| Current assets | 29/58 | €17,051 | €24,072 | +€7,020 | +41.2% |
| Amounts receivable within one year | 40/41 | €6,661 | €15,781 | +€9,119 | +136.9% |
| Trade receivables | 40 | €4,248 | €12,662 | +€8,414 | +198.1% |
| Other amounts receivable | 41 | €2,413 | €3,118 | +€705 | +29.2% |
| Cash at bank and in hand | 54/58 | €8,882 | €8,291 | -€590 | -6.6% |
| Deferred charges and accrued income | 490/1 | €1,508 | - | -€1,508 | |
| Total equity and liabilities | 10/49 | €113,074 | €100,585 | -€12,489 | -11.0% |
| Equity | 10/15 | €12,997 | €11,852 | -€1,145 | -8.8% |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Contributions outside capital | 11 | €15,200 | - | -€15,200 | |
| Share premium | 1100/10 | €15,200 | - | -€15,200 | |
| Reserves | 13 | €23,860 | €23,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,063 | -€27,208 | -€1,145 | -4.4% |
| Amounts payable | 17/49 | €100,077 | €88,733 | -€11,344 | -11.3% |
| Amounts payable after more than one year | 17 | €33,785 | €19,152 | -€14,633 | -43.3% |
| Financial debts | 170/4 | €33,785 | €19,152 | -€14,633 | -43.3% |
| Amounts payable within one year | 42/48 | €66,292 | €69,581 | +€3,288 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €12,009 | €12,609 | +€600 | +5.0% |
| Trade debts | 44 | €21,207 | €25,914 | +€4,707 | +22.2% |
| Suppliers | 440/4 | €21,207 | €25,914 | +€4,707 | +22.2% |
| Taxes, remuneration and social security | 45 | €434 | €434 | = | 0.0% |
| Taxes | 450/3 | €434 | €434 | = | 0.0% |
| Other amounts payable | 47/48 | €32,642 | €30,623 | -€2,019 | -6.2% |
| Remuneration, social security and pensions | 62 | €141 | €363 | +€222 | +156.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,648 | €25,653 | +€8,005 | +45.4% |
| Other operating charges | 640/8 | €2,907 | €3,706 | +€800 | +27.5% |
| Gross operating margin | 9900 | €19,711 | €30,524 | +€10,813 | +54.9% |
| Operating profit (loss) | 9901 | -€985 | €802 | +€1,787 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,609 | €1,958 | +€349 | +21.7% |
| Recurring financial charges | 65 | €1,609 | €1,958 | +€349 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,594 | -€1,145 | +€1,450 | +55.9% |
| Income taxes | 67/77 | €1,435 | - | -€1,435 | |
| Profit (loss) for the period | 9904 | -€4,029 | -€1,145 | +€2,885 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,029 | -€1,145 | +€2,885 | +71.6% |
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.