PIERRE - ANDRE DE BERDT: 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.
PIERRE - ANDRE DE BERDT
Largest movements
- Cash +€29,916
up €29,916 (+91.7%), from €32,626 to €62,542
mainly Net result for the year (+€53,323) and Depreciation (+€15,968)
- Tangible fixed assets -€15,968
down €15,968 (-19.9%), from €80,069 to €64,101
of which Furniture and vehicles: -€15,489
- Deferred charges and accrued income +€4,308
up €4,308 (+166%), from €2,588 to €6,896
- Receivables within one year -€4,119
down €4,119 (-73.3%), from €5,619 to €1,500
of which Trade receivables: -€2,266
- Reserves +€24,540
up €24,540 (+55.5%), from €44,250 to €68,790
- Debts after one year -€12,319
down €12,319 (-32.4%), from €38,025 to €25,706
- Tax, wage and social debts +€2,794
up €2,794 (+23.2%), from €12,025 to €14,819
- Gross operating margin +€31,220
up €31,220 (+46.2%), from €67,550 to €98,769
- Depreciation +€13,922
up €13,922 (+680%), from €2,047 to €15,968
- Taxes +€5,895
up €5,895 (+36.8%), from €16,022 to €21,917
- Other operating charges +€4,311
up €4,311 (+231%), from €1,867 to €6,178
- Financial charges +€1,154
up €1,154 (+319%), from €361 to €1,515
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.
Derived cash bridge
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 | €120,902 | €135,039 | +€14,137 | +11.7% |
| Fixed assets | 21/28 | €80,069 | €64,101 | -€15,968 | -19.9% |
| Tangible fixed assets | 22/27 | €80,069 | €64,101 | -€15,968 | -19.9% |
| Furniture and vehicles | 24 | €74,141 | €58,652 | -€15,489 | -20.9% |
| Other tangible fixed assets | 26 | €5,928 | €5,449 | -€479 | -8.1% |
| Current assets | 29/58 | €40,832 | €70,938 | +€30,105 | +73.7% |
| Amounts receivable within one year | 40/41 | €5,619 | €1,500 | -€4,119 | -73.3% |
| Trade receivables | 40 | €3,766 | €1,500 | -€2,266 | -60.2% |
| Other amounts receivable | 41 | €1,853 | - | -€1,853 | |
| Cash at bank and in hand | 54/58 | €32,626 | €62,542 | +€29,916 | +91.7% |
| Deferred charges and accrued income | 490/1 | €2,588 | €6,896 | +€4,308 | +166% |
| Total equity and liabilities | 10/49 | €120,902 | €135,039 | +€14,137 | +11.7% |
| Equity | 10/15 | €57,873 | €81,196 | +€23,323 | +40.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €44,250 | €68,790 | +€24,540 | +55.5% |
| Distributable reserves | 133 | €44,250 | €68,790 | +€24,540 | +55.5% |
| Profit (loss) carried forward | 14 | €1,223 | €6 | -€1,217 | -99.5% |
| Amounts payable | 17/49 | €63,029 | €53,843 | -€9,186 | -14.6% |
| Amounts payable after more than one year | 17 | €38,025 | €25,706 | -€12,319 | -32.4% |
| Financial debts | 170/4 | €38,025 | €25,706 | -€12,319 | -32.4% |
| Amounts payable within one year | 42/48 | €25,004 | €28,137 | +€3,132 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €11,975 | €12,319 | +€343 | +2.9% |
| Trade debts | 44 | €839 | €792 | -€46 | -5.5% |
| Suppliers | 440/4 | €839 | €792 | -€46 | -5.5% |
| Taxes, remuneration and social security | 45 | €12,025 | €14,819 | +€2,794 | +23.2% |
| Taxes | 450/3 | €12,025 | €14,819 | +€2,794 | +23.2% |
| Other amounts payable | 47/48 | €166 | €207 | +€41 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,047 | €15,968 | +€13,922 | +680% |
| Other operating charges | 640/8 | €1,867 | €6,178 | +€4,311 | +231% |
| Gross operating margin | 9900 | €67,550 | €98,769 | +€31,220 | +46.2% |
| Operating profit (loss) | 9901 | €63,636 | €76,623 | +€12,987 | +20.4% |
| Financial income | 75/76B | - | €132 | +€132 | |
| Recurring financial income | 75 | - | €132 | +€132 | |
| Financial charges | 65/66B | €361 | €1,515 | +€1,154 | +319% |
| Recurring financial charges | 65 | €361 | €1,515 | +€1,154 | +319% |
| Profit (loss) for the period before taxes | 9903 | €63,275 | €75,240 | +€11,965 | +18.9% |
| Income taxes | 67/77 | €16,022 | €21,917 | +€5,895 | +36.8% |
| Profit (loss) for the period | 9904 | €47,253 | €53,323 | +€6,070 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,253 | €53,323 | +€6,070 | +12.8% |
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 28 October 2026 via checked.be.