Bergamot: 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.
Bergamot
Largest movements
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€21,192
down €21,192 (-13.2%), from €161,058 to €139,866
of which Other tangible fixed assets: -€19,718
- Cash -€9,993
down €9,993 (-27.7%), from €36,075 to €26,082
mainly Net result for the year (-€35,497) and Trade debts (-€19,641)
- Receivables within one year +€7,870
up €7,870 (+13.4%), from €58,592 to €66,462
of which Trade receivables: +€4,768
- Stocks and contracts -€6,473
down €6,473 (-8.5%), from €76,113 to €69,640
- Profit (loss) carried forward -€35,497
down €35,497 (-760.3%), from -€4,669 to -€40,165
- Trade debts -€19,641
down €19,641 (-33.7%), from €58,357 to €38,716
- Tax, wage and social debts -€8,330
down €8,330 (-10.6%), from €78,710 to €70,380
of which Taxes: -€15,807
- Debts after one year -€7,904
down €7,904 (-10.1%), from €78,168 to €70,264
- Current portion of long-term debt -€6,659
down €6,659 (-14.4%), from €46,097 to €39,437
- Gross operating margin -€33,997
down €33,997 (-18.9%), from €179,942 to €145,944
- Financial charges +€2,754
up €2,754 (+24.6%), from €11,179 to €13,933
- Other operating charges -€2,393
down €2,393 (-44.3%), from €5,397 to €3,004
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 | €388,745 | €308,967 | -€79,778 | -20.5% |
| Fixed assets | 21/28 | €162,788 | €141,596 | -€21,192 | -13.0% |
| Tangible fixed assets | 22/27 | €161,058 | €139,866 | -€21,192 | -13.2% |
| Land and buildings | 22 | €18,258 | €17,233 | -€1,025 | -5.6% |
| Furniture and vehicles | 24 | €602 | €153 | -€448 | -74.5% |
| Other tangible fixed assets | 26 | €142,198 | €122,479 | -€19,718 | -13.9% |
| Financial fixed assets | 28 | €1,730 | €1,730 | = | 0.0% |
| Current assets | 29/58 | €225,957 | €167,371 | -€58,586 | -25.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Stocks and contracts in progress | 3 | €76,113 | €69,640 | -€6,473 | -8.5% |
| Stocks | 30/36 | €76,113 | €69,640 | -€6,473 | -8.5% |
| Amounts receivable within one year | 40/41 | €58,592 | €66,462 | +€7,870 | +13.4% |
| Trade receivables | 40 | €47,584 | €52,353 | +€4,768 | +10.0% |
| Other amounts receivable | 41 | €11,007 | €14,110 | +€3,102 | +28.2% |
| Cash at bank and in hand | 54/58 | €36,075 | €26,082 | -€9,993 | -27.7% |
| Deferred charges and accrued income | 490/1 | €5,178 | €5,187 | +€10 | +0.2% |
| Total equity and liabilities | 10/49 | €388,745 | €308,967 | -€79,778 | -20.5% |
| Equity | 10/15 | €85,666 | €50,170 | -€35,497 | -41.4% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €35,335 | €35,335 | = | 0.0% |
| Distributable reserves | 133 | €35,335 | €35,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,669 | -€40,165 | -€35,497 | -760.3% |
| Amounts payable | 17/49 | €303,079 | €258,798 | -€44,281 | -14.6% |
| Amounts payable after more than one year | 17 | €78,168 | €70,264 | -€7,904 | -10.1% |
| Financial debts | 170/4 | €78,168 | €70,264 | -€7,904 | -10.1% |
| Amounts payable within one year | 42/48 | €223,164 | €188,534 | -€34,630 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €46,097 | €39,437 | -€6,659 | -14.4% |
| Financial debts | 43 | €40,000 | €40,000 | = | 0.0% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €58,357 | €38,716 | -€19,641 | -33.7% |
| Suppliers | 440/4 | €58,357 | €38,716 | -€19,641 | -33.7% |
| Taxes, remuneration and social security | 45 | €78,710 | €70,380 | -€8,330 | -10.6% |
| Taxes | 450/3 | €49,695 | €33,888 | -€15,807 | -31.8% |
| Remuneration and social security | 454/9 | €29,015 | €36,492 | +€7,477 | +25.8% |
| Accrued charges and deferred income | 492/3 | €1,747 | €0 | -€1,747 | -100.0% |
| Remuneration, social security and pensions | 62 | €143,497 | €145,217 | +€1,720 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,192 | €21,192 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,397 | €3,004 | -€2,393 | -44.3% |
| Gross operating margin | 9900 | €179,942 | €145,944 | -€33,997 | -18.9% |
| Operating profit (loss) | 9901 | €9,856 | -€23,469 | -€33,324 | |
| Financial income | 75/76B | €2,276 | €2,046 | -€230 | -10.1% |
| Recurring financial income | 75 | €2,276 | €2,046 | -€230 | -10.1% |
| Financial charges | 65/66B | €11,179 | €13,933 | +€2,754 | +24.6% |
| Recurring financial charges | 65 | €11,179 | €13,933 | +€2,754 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €952 | -€35,356 | -€36,308 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €813 | -€35,497 | -€36,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €813 | -€35,497 | -€36,310 |
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 7 October 2026 via checked.be.