BERGENHOF: 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.
What changed
BERGENHOF
NACE 01.500, Mixed farming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€129
2024 · €9,157-€9,286
Equity
€457,873
2024 · €458,002-€129
Cash
€2,580
2024 · €239,525-€236,945
Balance sheet total
€1.1m
2024 · €1.2m-€120,882
Largest movements
Assets
- Cash -€236,945
down €236,945 (-98.9%), from €239,525 to €2,580
mainly Stocks and contracts (-€114,647) and Investment in fixed assets (net) (-€58,376)
- Stocks and contracts +€114,647
up €114,647 (+34.2%), from €334,975 to €449,622
Equity and liabilities
- Trade debts -€51,462
down €51,462 (-29.3%), from €175,596 to €124,135
- Other debts -€49,151
down €49,151 (-14.5%), from €338,848 to €289,697
- Current portion of long-term debt -€20,599
no longer reported in 2025 (was €20,599)
Income statement
- Taxes -€9,659
down €9,659 (-94.9%), from €10,180 to €521
- Gross operating margin -€7,180
down €7,180 (-9.6%), from €74,554 to €67,374
- Depreciation +€6,147
up €6,147 (+11.9%), from €51,857 to €58,004
- Other operating charges +€2,836
up €2,836 (+33.1%), from €8,568 to €11,405
- Financial income -€804
down €804 (-66.5%), from €1,208 to €404
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.
Result 2024
€9,157
Gross operating margin
-€7,180
Depreciation
-€6,147
Other operating charges
-€2,836
Financial income
-€804
Financial charges
+€550
Taxes
+€9,659
Deferred taxes and other
-€2,527
Result 2025
-€129
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.
From operations
-€157,971
Investment
-€58,376
Financing
-€20,599
Cash 2024
€239,525
From operations (derived)
-€157,971
Net result for the year
-€129
Depreciation
+€58,004
Stocks and contracts
-€114,647
Receivables within one year
-€850
Deferred charges and accrued income
-€194
Provisions
-€2,157
Trade debts
-€51,462
Tax, wage and social debts
+€454
Other debts
-€49,151
Accrued charges and deferred income
+€2,162
Investment (derived)
-€58,376
Investment in fixed assets (net)
-€58,376
Financing
-€20,599
Current portion of long-term debt
-€20,599
Cash 2025
€2,580
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,201,535 | €1,080,653 | -€120,882 | -10.1% |
| Fixed assets | 21/28 | €611,659 | €612,031 | +€372 | +0.1% |
| Tangible fixed assets | 22/27 | €611,647 | €612,018 | +€372 | +0.1% |
| Land and buildings | 22 | €578,046 | €533,803 | -€44,243 | -7.7% |
| Plant, machinery and equipment | 23 | €33,531 | €40,523 | +€6,992 | +20.9% |
| Furniture and vehicles | 24 | €70 | €37,693 | +€37,623 | +53978.2% |
| Financial fixed assets | 28 | €12 | €12 | = | 0.0% |
| Current assets | 29/58 | €589,876 | €468,622 | -€121,254 | -20.6% |
| Stocks and contracts in progress | 3 | €334,975 | €449,622 | +€114,647 | +34.2% |
| Stocks | 30/36 | €334,975 | €449,622 | +€114,647 | +34.2% |
| Amounts receivable within one year | 40/41 | €11,506 | €12,355 | +€850 | +7.4% |
| Trade receivables | 40 | - | €1,220 | +€1,220 | |
| Other amounts receivable | 41 | €11,506 | €11,136 | -€370 | -3.2% |
| Cash at bank and in hand | 54/58 | €239,525 | €2,580 | -€236,945 | -98.9% |
| Deferred charges and accrued income | 490/1 | €3,870 | €4,065 | +€194 | +5.0% |
| Total equity and liabilities | 10/49 | €1,201,535 | €1,080,653 | -€120,882 | -10.1% |
| Equity | 10/15 | €458,002 | €457,873 | -€129 | 0.0% |
| Contributions | 10/11 | €226,700 | €226,700 | = | 0.0% |
| Capital | 10 | €226,700 | €226,700 | = | 0.0% |
| Issued capital | 100 | €226,700 | €226,700 | = | 0.0% |
| Reserves | 13 | €230,902 | €230,429 | -€472 | -0.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,752 | €168,279 | -€6,472 | -3.7% |
| Distributable reserves | 133 | €50,000 | €56,000 | +€6,000 | +12.0% |
| Profit (loss) carried forward | 14 | €401 | €745 | +€343 | +85.6% |
| Provisions and deferred taxes | 16 | €58,251 | €56,093 | -€2,157 | -3.7% |
| Deferred taxes | 168 | €58,251 | €56,093 | -€2,157 | -3.7% |
| Amounts payable | 17/49 | €685,282 | €566,687 | -€118,596 | -17.3% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €545,260 | €424,502 | -€120,758 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €20,599 | - | -€20,599 | |
| Trade debts | 44 | €175,596 | €124,135 | -€51,462 | -29.3% |
| Suppliers | 440/4 | €175,596 | €124,135 | -€51,462 | -29.3% |
| Taxes, remuneration and social security | 45 | €10,217 | €10,670 | +€454 | +4.4% |
| Taxes | 450/3 | €10,217 | €10,670 | +€454 | +4.4% |
| Other amounts payable | 47/48 | €338,848 | €289,697 | -€49,151 | -14.5% |
| Accrued charges and deferred income | 492/3 | €23 | €2,184 | +€2,162 | +9539.4% |
| Non-recurring operating income | 76A | - | €9,000 | +€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,857 | €58,004 | +€6,147 | +11.9% |
| Other operating charges | 640/8 | €8,568 | €11,405 | +€2,836 | +33.1% |
| Gross operating margin | 9900 | €74,554 | €67,374 | -€7,180 | -9.6% |
| Operating profit (loss) | 9901 | €14,129 | -€2,035 | -€16,163 | |
| Financial income | 75/76B | €1,208 | €404 | -€804 | -66.5% |
| Recurring financial income | 75 | €1,208 | €404 | -€804 | -66.5% |
| Financial charges | 65/66B | €685 | €135 | -€550 | -80.3% |
| Recurring financial charges | 65 | €685 | €135 | -€550 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €14,652 | -€1,765 | -€16,417 | |
| Transfer from deferred taxes | 780 | €4,684 | €4,407 | -€277 | -5.9% |
| Transfer to deferred taxes | 680 | - | €2,250 | +€2,250 | |
| Income taxes | 67/77 | €10,180 | €521 | -€9,659 | -94.9% |
| Profit (loss) for the period | 9904 | €9,157 | -€129 | -€9,286 | |
| Transfer from tax-exempt reserves | 789 | €14,053 | €13,222 | -€831 | -5.9% |
| Transfer to tax-exempt reserves | 689 | - | €6,750 | +€6,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,210 | €6,343 | -€16,867 | -72.7% |
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.