BEREGOED: what changed
Two fiscal 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.
BEREGOED
Largest movements
- Deferred charges and accrued income +€42,212
up €42,212 (+2560.1%), from €1,649 to €43,860
- Tangible fixed assets +€37,023
up €37,023 (+11.3%), from €327,104 to €364,127
of which Other tangible fixed assets: +€58,838
- Cash -€17,663
down €17,663 (-76.7%), from €23,030 to €5,367
mainly Investment in fixed assets (net) (-€100,910) and Deferred charges and accrued income (-€42,212)
- Reserves +€54,749
up €54,749 (+36.5%), from €149,915 to €204,664
- Other debts +€25,000
up €25,000 (+1724.1%), from €1,450 to €26,450
- Debts after one year -€22,642
down €22,642 (-13.6%), from €166,643 to €144,001
of which Financial debts: -€22,642
- Trade debts +€5,390
up €5,390 (+107.6%), from €5,009 to €10,399
- Gross operating margin +€119,330
up €119,330 (+47.2%), from €252,695 to €372,025
- Staff costs +€99,739
up €99,739 (+99.0%), from €100,711 to €200,449
- Depreciation +€17,611
up €17,611 (+38.1%), from €46,277 to €63,887
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 | €363,287 | €425,836 | +€62,549 | +17.2% |
| Fixed assets | 21/28 | €327,104 | €364,127 | +€37,023 | +11.3% |
| Tangible fixed assets | 22/27 | €327,104 | €364,127 | +€37,023 | +11.3% |
| Plant, machinery and equipment | 23 | €1,071 | €531 | -€540 | -50.4% |
| Furniture and vehicles | 24 | €105,112 | €83,837 | -€21,275 | -20.2% |
| Other tangible fixed assets | 26 | €220,921 | €279,759 | +€58,838 | +26.6% |
| Current assets | 29/58 | €36,183 | €61,709 | +€25,526 | +70.5% |
| Amounts receivable within one year | 40/41 | €11,504 | €12,482 | +€978 | +8.5% |
| Trade receivables | 40 | €5,392 | €11,498 | +€6,106 | +113.2% |
| Other amounts receivable | 41 | €6,113 | €984 | -€5,128 | -83.9% |
| Cash at bank and in hand | 54/58 | €23,030 | €5,367 | -€17,663 | -76.7% |
| Deferred charges and accrued income | 490/1 | €1,649 | €43,860 | +€42,212 | +2560.1% |
| Total equity and liabilities | 10/49 | €363,287 | €425,836 | +€62,549 | +17.2% |
| Equity | 10/15 | €151,515 | €206,264 | +€54,749 | +36.1% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €149,915 | €204,664 | +€54,749 | +36.5% |
| Distributable reserves | 133 | €149,915 | €204,664 | +€54,749 | +36.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €211,772 | €219,572 | +€7,800 | +3.7% |
| Amounts payable after more than one year | 17 | €166,643 | €144,001 | -€22,642 | -13.6% |
| Financial debts | 170/4 | €166,643 | €144,001 | -€22,642 | -13.6% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €44,190 | €75,571 | +€31,381 | +71.0% |
| Current portion of amounts payable after more than one year | 42 | €22,030 | €23,392 | +€1,361 | +6.2% |
| Trade debts | 44 | €5,009 | €10,399 | +€5,390 | +107.6% |
| Suppliers | 440/4 | €5,009 | €10,399 | +€5,390 | +107.6% |
| Taxes, remuneration and social security | 45 | €15,701 | €15,330 | -€370 | -2.4% |
| Taxes | 450/3 | €3,415 | €0 | -€3,415 | -100.0% |
| Remuneration and social security | 454/9 | €12,286 | €15,330 | +€3,045 | +24.8% |
| Other amounts payable | 47/48 | €1,450 | €26,450 | +€25,000 | +1724.1% |
| Accrued charges and deferred income | 492/3 | €939 | €0 | -€939 | -100.0% |
| Non-recurring operating income | 76A | €5,000 | €0 | -€5,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €100,711 | €200,449 | +€99,739 | +99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,277 | €63,887 | +€17,611 | +38.1% |
| Other operating charges | 640/8 | €2,477 | €2,598 | +€121 | +4.9% |
| Non-recurring operating charges | 66A | €539 | €0 | -€539 | -100.0% |
| Gross operating margin | 9900 | €252,695 | €372,025 | +€119,330 | +47.2% |
| Operating profit (loss) | 9901 | €102,692 | €105,091 | +€2,399 | +2.3% |
| Financial income | 75/76B | €978 | €32 | -€946 | -96.7% |
| Recurring financial income | 75 | €978 | €32 | -€946 | -96.7% |
| Financial charges | 65/66B | €3,794 | €4,298 | +€504 | +13.3% |
| Recurring financial charges | 65 | €3,794 | €4,298 | +€504 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €99,876 | €100,825 | +€948 | +0.9% |
| Income taxes | 67/77 | €20,857 | €19,355 | -€1,502 | -7.2% |
| Profit (loss) for the period | 9904 | €79,019 | €81,470 | +€2,450 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,019 | €81,470 | +€2,450 | +3.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.