An Berghmans: 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.
An Berghmans
Largest movements
- Receivables within one year -€35,025
down €35,025 (-42.1%), from €83,180 to €48,155
of which Other amounts receivable: -€68,905
- Cash -€15,514
down €15,514 (-14.4%), from €107,651 to €92,136
mainly Contributions, distributions and other (-€110,000) and Investment in fixed assets (net) (-€3,429)
- Reserves -€48,020
down €48,020 (-26.3%), from €182,358 to €134,338
- Tax, wage and social debts -€2,720
down €2,720 (-23.7%), from €11,485 to €8,765
of which Taxes: -€2,738
- Financial charges -€44,400
down €44,400 (-96.3%), from €46,092 to €1,692
- Gross operating margin -€19,546
down €19,546 (-18.7%), from €104,742 to €85,196
- Taxes +€5,465
up €5,465 (+41.5%), from €13,184 to €18,649
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 | €197,392 | €147,736 | -€49,657 | -25.2% |
| Fixed assets | 21/28 | €6,425 | €7,354 | +€930 | +14.5% |
| Tangible fixed assets | 22/27 | €6,425 | €7,354 | +€930 | +14.5% |
| Plant, machinery and equipment | 23 | €2,076 | €1,131 | -€945 | -45.5% |
| Furniture and vehicles | 24 | €4,349 | €6,224 | +€1,875 | +43.1% |
| Current assets | 29/58 | €190,968 | €140,381 | -€50,586 | -26.5% |
| Amounts receivable within one year | 40/41 | €83,180 | €48,155 | -€35,025 | -42.1% |
| Trade receivables | 40 | - | €33,880 | +€33,880 | |
| Other amounts receivable | 41 | €83,180 | €14,275 | -€68,905 | -82.8% |
| Cash at bank and in hand | 54/58 | €107,651 | €92,136 | -€15,514 | -14.4% |
| Deferred charges and accrued income | 490/1 | €137 | €90 | -€47 | -34.4% |
| Total equity and liabilities | 10/49 | €197,392 | €147,736 | -€49,657 | -25.2% |
| Equity | 10/15 | €184,358 | €136,338 | -€48,020 | -26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €182,358 | €134,338 | -€48,020 | -26.3% |
| Distributable reserves | 133 | €182,358 | €134,338 | -€48,020 | -26.3% |
| Amounts payable | 17/49 | €13,034 | €11,398 | -€1,636 | -12.6% |
| Amounts payable within one year | 42/48 | €12,993 | €11,271 | -€1,722 | -13.3% |
| Trade debts | 44 | €1,509 | €2,506 | +€997 | +66.1% |
| Suppliers | 440/4 | €1,509 | €2,506 | +€997 | +66.1% |
| Taxes, remuneration and social security | 45 | €11,485 | €8,765 | -€2,720 | -23.7% |
| Taxes | 450/3 | €8,526 | €5,788 | -€2,738 | -32.1% |
| Remuneration and social security | 454/9 | €2,959 | €2,977 | +€18 | +0.6% |
| Accrued charges and deferred income | 492/3 | €41 | €127 | +€86 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,602 | €2,499 | +€897 | +56.0% |
| Other operating charges | 640/8 | €925 | €903 | -€23 | -2.4% |
| Gross operating margin | 9900 | €104,742 | €85,196 | -€19,546 | -18.7% |
| Operating profit (loss) | 9901 | €102,214 | €81,794 | -€20,420 | -20.0% |
| Financial income | 75/76B | €443 | €526 | +€83 | +18.8% |
| Recurring financial income | 75 | €443 | €526 | +€83 | +18.8% |
| Financial charges | 65/66B | €46,092 | €1,692 | -€44,400 | -96.3% |
| Recurring financial charges | 65 | €46,092 | €1,692 | -€44,400 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | €56,565 | €80,628 | +€24,063 | +42.5% |
| Income taxes | 67/77 | €13,184 | €18,649 | +€5,465 | +41.5% |
| Profit (loss) for the period | 9904 | €43,382 | €61,980 | +€18,598 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,382 | €61,980 | +€18,598 | +42.9% |
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 25 October 2026 via checked.be.