Bergers: 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.
Bergers
Largest movements
- Cash +€49,623
up €49,623 (+91.7%), from €54,132 to €103,756
mainly Depreciation (+€49,648) and Current investments (+€42,504)
- Current investments -€42,504
down €42,504 (-74.8%), from €56,850 to €14,346
- Tangible fixed assets -€33,658
down €33,658 (-21.4%), from €157,269 to €123,611
of which Land and buildings: -€16,922
- Deferred charges and accrued income -€24,628
down €24,628 (-91.3%), from €26,989 to €2,361
- Receivables within one year -€15,898
down €15,898 (-31.5%), from €50,426 to €34,528
of which Other amounts receivable: -€18,198
- Reserves -€26,764
down €26,764 (-12.2%), from €218,525 to €191,760
of which Distributable reserves: -€26,764
- Other debts -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Profit (loss) carried forward -€15,000
down €15,000 (-20.6%), from €72,710 to €57,710
- Current portion of long-term debt -€11,575
no longer reported in 2025 (was €11,575)
- Gross operating margin -€84,612
down €84,612 (-56.2%), from €150,614 to €66,001
- Taxes -€18,590
down €18,590 (-92.7%), from €20,054 to €1,464
- Depreciation -€8,371
down €8,371 (-14.4%), from €58,019 to €49,648
- Other operating charges -€4,315
down €4,315 (-57.1%), from €7,554 to €3,238
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 | €345,667 | €278,602 | -€67,065 | -19.4% |
| Fixed assets | 21/28 | €157,269 | €123,611 | -€33,658 | -21.4% |
| Tangible fixed assets | 22/27 | €157,269 | €123,611 | -€33,658 | -21.4% |
| Land and buildings | 22 | €93,299 | €76,377 | -€16,922 | -18.1% |
| Plant, machinery and equipment | 23 | €63,207 | €46,884 | -€16,324 | -25.8% |
| Furniture and vehicles | 24 | €763 | €350 | -€413 | -54.1% |
| Current assets | 29/58 | €188,398 | €154,991 | -€33,407 | -17.7% |
| Amounts receivable within one year | 40/41 | €50,426 | €34,528 | -€15,898 | -31.5% |
| Trade receivables | 40 | €15,664 | €17,963 | +€2,300 | +14.7% |
| Other amounts receivable | 41 | €34,762 | €16,565 | -€18,198 | -52.3% |
| Current investments | 50/53 | €56,850 | €14,346 | -€42,504 | -74.8% |
| Cash at bank and in hand | 54/58 | €54,132 | €103,756 | +€49,623 | +91.7% |
| Deferred charges and accrued income | 490/1 | €26,989 | €2,361 | -€24,628 | -91.3% |
| Total equity and liabilities | 10/49 | €345,667 | €278,602 | -€67,065 | -19.4% |
| Equity | 10/15 | €297,440 | €255,872 | -€41,568 | -14.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Revaluation surpluses | 12 | - | €196 | +€196 | |
| Reserves | 13 | €218,525 | €191,760 | -€26,764 | -12.2% |
| Tax-exempt reserves | 132 | €5,058 | €5,058 | = | 0.0% |
| Distributable reserves | 133 | €213,467 | €186,703 | -€26,764 | -12.5% |
| Profit (loss) carried forward | 14 | €72,710 | €57,710 | -€15,000 | -20.6% |
| Amounts payable | 17/49 | €48,227 | €22,731 | -€25,496 | -52.9% |
| Amounts payable after more than one year | 17 | €2,940 | €2,280 | -€660 | -22.4% |
| Other amounts payable | 178/9 | €2,940 | €2,280 | -€660 | -22.4% |
| Amounts payable within one year | 42/48 | €45,287 | €20,415 | -€24,872 | -54.9% |
| Current portion of amounts payable after more than one year | 42 | €11,575 | - | -€11,575 | |
| Financial debts | 43 | - | €18 | +€18 | |
| Credit institutions | 430/8 | - | €18 | +€18 | |
| Trade debts | 44 | €2,443 | €2,735 | +€292 | +12.0% |
| Suppliers | 440/4 | €2,443 | €2,735 | +€292 | +12.0% |
| Taxes, remuneration and social security | 45 | €1,269 | €2,662 | +€1,393 | +109.8% |
| Taxes | 450/3 | €1,269 | €2,662 | +€1,393 | +109.8% |
| Other amounts payable | 47/48 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,019 | €49,648 | -€8,371 | -14.4% |
| Other operating charges | 640/8 | €7,554 | €3,238 | -€4,315 | -57.1% |
| Gross operating margin | 9900 | €150,614 | €66,001 | -€84,612 | -56.2% |
| Operating profit (loss) | 9901 | €85,041 | €13,115 | -€71,926 | -84.6% |
| Financial income | 75/76B | €1,103 | €1,810 | +€706 | +64.0% |
| Recurring financial income | 75 | €1,103 | €1,810 | +€706 | +64.0% |
| Financial charges | 65/66B | €3,315 | €3,275 | -€40 | -1.2% |
| Recurring financial charges | 65 | €3,315 | €3,275 | -€40 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €82,829 | €11,649 | -€71,179 | -85.9% |
| Income taxes | 67/77 | €20,054 | €1,464 | -€18,590 | -92.7% |
| Profit (loss) for the period | 9904 | €62,775 | €10,186 | -€52,589 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,775 | €10,186 | -€52,589 | -83.8% |
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 10 October 2026 via checked.be.