BERGERENG: what changed
BERGERENG
Largest movements
- Financial fixed assets +€3.5m
up €3.5m (+1,504%), from €230,000 to €3.7m
- Tangible fixed assets +€197,766
up €197,766 (+12.3%), from €1.6m to €1.8m
of which Land and buildings: +€276,570
- Cash -€77,986
down €77,986 (-97.9%), from €79,620 to €1,634
mainly Investment in fixed assets (net) (-€3.8m) and Receivables within one year (-€31,320)
- Debts after one year +€3.3m
up €3.3m (+354%), from €940,756 to €4.3m
of which Other amounts payable: +€3.5m
- Other debts +€116,102
up €116,102 (+65.7%), from €176,712 to €292,814
- Reserves +€93,684
up €93,684 (+18.8%), from €497,475 to €591,159
of which Distributable reserves: +€91,824
- Turnover -€2.3m
no longer reported in 2025 (was €2.3m)
- Gross operating margin +€152,121
up €152,121 (+91.6%), from €166,118 to €318,239
- Purchases and services -€63,294
no longer reported in 2025 (was €63,294)
- Financial income -€49,613
down €49,613 (-100.0%), from €49,616 to €3
- Depreciation +€39,355
up €39,355 (+42.5%), from €92,674 to €132,029
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,940,682 | €5,551,782 | +€3.6m | +186% |
| Fixed assets | 21/28 | €1,831,485 | €5,489,251 | +€3.7m | +200% |
| Tangible fixed assets | 22/27 | €1,601,485 | €1,799,251 | +€197,766 | +12.3% |
| Land and buildings | 22 | €1,307,025 | €1,583,595 | +€276,570 | +21.2% |
| Furniture and vehicles | 24 | €294,460 | €215,657 | -€78,803 | -26.8% |
| Financial fixed assets | 28 | €230,000 | €3,690,000 | +€3.5m | +1,504% |
| Current assets | 29/58 | €109,197 | €62,531 | -€46,666 | -42.7% |
| Amounts receivable within one year | 40/41 | €29,577 | €60,897 | +€31,320 | +106% |
| Trade receivables | 40 | €3,678 | €2,105 | -€1,573 | -42.8% |
| Other amounts receivable | 41 | €25,899 | €58,792 | +€32,893 | +127% |
| Cash at bank and in hand | 54/58 | €79,620 | €1,634 | -€77,986 | -97.9% |
| Total equity and liabilities | 10/49 | €1,940,682 | €5,551,782 | +€3.6m | +186% |
| Equity | 10/15 | €505,535 | €597,359 | +€91,824 | +18.2% |
| Contributions | 10/11 | €8,060 | €6,200 | -€1,860 | -23.1% |
| Reserves | 13 | €497,475 | €591,159 | +€93,684 | +18.8% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €497,475 | €589,299 | +€91,824 | +18.5% |
| Amounts payable | 17/49 | €1,435,147 | €4,954,424 | +€3.5m | +245% |
| Amounts payable after more than one year | 17 | €940,756 | €4,273,733 | +€3.3m | +354% |
| Financial debts | 170/4 | €940,756 | €823,733 | -€117,023 | -12.4% |
| Other amounts payable | 178/9 | - | €3,450,000 | +€3.5m | |
| Amounts payable within one year | 42/48 | €479,059 | €653,724 | +€174,665 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €265,508 | €263,879 | -€1,629 | -0.6% |
| Financial debts | 43 | - | €5,693 | +€5,693 | |
| Credit institutions | 430/8 | - | €5,693 | +€5,693 | |
| Trade debts | 44 | €1,514 | €21,786 | +€20,272 | +1,339% |
| Suppliers | 440/4 | €1,514 | €21,786 | +€20,272 | +1,339% |
| Taxes, remuneration and social security | 45 | €35,325 | €69,551 | +€34,226 | +96.9% |
| Taxes | 450/3 | €35,325 | €69,551 | +€34,226 | +96.9% |
| Other amounts payable | 47/48 | €176,712 | €292,814 | +€116,102 | +65.7% |
| Accrued charges and deferred income | 492/3 | €15,332 | €26,967 | +€11,635 | +75.9% |
| Turnover | 70 | €2,269,412 | - | -€2.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €63,294 | - | -€63,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,674 | €132,029 | +€39,355 | +42.5% |
| Other operating charges | 640/8 | €5,908 | €7,782 | +€1,874 | +31.7% |
| Gross operating margin | 9900 | €166,118 | €318,239 | +€152,121 | +91.6% |
| Operating profit (loss) | 9901 | €67,536 | €178,428 | +€110,892 | +164% |
| Financial income | 75/76B | €49,616 | €3 | -€49,613 | -100.0% |
| Recurring financial income | 75 | €49,616 | €3 | -€49,613 | -100.0% |
| Financial charges | 65/66B | €32,452 | €52,520 | +€20,068 | +61.8% |
| Recurring financial charges | 65 | €32,452 | €52,520 | +€20,068 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €84,700 | €125,912 | +€41,212 | +48.7% |
| Income taxes | 67/77 | €10,638 | €34,088 | +€23,450 | +220% |
| Profit (loss) for the period | 9904 | €74,062 | €91,824 | +€17,762 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,062 | €91,824 | +€17,762 | +24.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.