Bergesteyn: 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.
Bergesteyn
Largest movements
- Stocks and contracts +€2.4m
up €2.4m (+40.6%), from €5.9m to €8.2m
- Receivables within one year +€820,510
up €820,510 (+677.9%), from €121,045 to €941,555
of which Trade receivables: +€923,072
- Cash +€421,710
up €421,710 (+730.0%), from €57,765 to €479,475
mainly Net result for the year (+€1.7m) and Other debts (+€854,000)
- Profit (loss) carried forward +€1.6m
up €1.6m, from -€137,764 to €1.5m
- Other debts +€854,000
up €854,000 (+32.7%), from €2.6m to €3.5m
- Tax, wage and social debts +€693,950
new in 2025: €693,950
- Trade debts +€188,957
up €188,957 (+28.7%), from €659,374 to €848,331
- Short-term financial debts +€147,067
up €147,067 (+6.1%), from €2.4m to €2.5m
- Turnover +€3.5m
up €3.5m (+20867.7%), from €16,706 to €3.5m
- Services and other goods +€2.5m
up €2.5m (+726.1%), from €341,089 to €2.8m
- Taxes +€561,169
new in 2025: €561,169
- Other operating charges -€459,181
down €459,181 (-99.8%), from €460,118 to €937
- Goods and materials -€247,898
down €247,898 (-32.9%), from €753,614 to €505,716
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 | €6,041,903 | €9,661,770 | +€3.6m | +59.9% |
| Fixed assets | 21/28 | €400 | €400 | = | 0.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Other financial fixed assets | 284/8 | €400 | €400 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €6,041,503 | €9,661,370 | +€3.6m | +59.9% |
| Stocks and contracts in progress | 3 | €5,862,693 | €8,240,340 | +€2.4m | +40.6% |
| Stocks | 30/36 | €5,862,693 | €8,240,340 | +€2.4m | +40.6% |
| Property held for sale | 35 | €5,862,693 | €8,240,340 | +€2.4m | +40.6% |
| Amounts receivable within one year | 40/41 | €121,045 | €941,555 | +€820,510 | +677.9% |
| Trade receivables | 40 | €18,483 | €941,555 | +€923,072 | +4994.1% |
| Other amounts receivable | 41 | €102,562 | - | -€102,562 | |
| Cash at bank and in hand | 54/58 | €57,765 | €479,475 | +€421,710 | +730.0% |
| Total equity and liabilities | 10/49 | €6,041,903 | €9,661,770 | +€3.6m | +59.9% |
| Equity | 10/15 | €368,436 | €2,051,358 | +€1.7m | +456.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €50,000 | +€43,800 | +706.5% |
| Non-distributable reserves | 130/1 | €6,200 | €50,000 | +€43,800 | +706.5% |
| Legal reserve | 130 | €6,200 | €50,000 | +€43,800 | +706.5% |
| Profit (loss) carried forward | 14 | -€137,764 | €1,501,358 | +€1.6m | |
| Amounts payable | 17/49 | €5,673,467 | €7,610,412 | +€1.9m | +34.1% |
| Amounts payable within one year | 42/48 | €5,673,467 | €7,557,441 | +€1.9m | +33.2% |
| Financial debts | 43 | €2,400,000 | €2,547,067 | +€147,067 | +6.1% |
| Credit institutions | 430/8 | €2,400,000 | €2,547,067 | +€147,067 | +6.1% |
| Trade debts | 44 | €659,374 | €848,331 | +€188,957 | +28.7% |
| Suppliers | 440/4 | €659,374 | €848,331 | +€188,957 | +28.7% |
| Taxes, remuneration and social security | 45 | - | €693,950 | +€693,950 | |
| Taxes | 450/3 | - | €693,950 | +€693,950 | |
| Other amounts payable | 47/48 | €2,614,093 | €3,468,093 | +€854,000 | +32.7% |
| Accrued charges and deferred income | 492/3 | - | €52,971 | +€52,971 | |
| Operating income | 70/76A | €1,666,017 | €5,880,405 | +€4.2m | +253.0% |
| Turnover | 70 | €16,706 | €3,502,759 | +€3.5m | +20867.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,649,312 | €2,377,647 | +€728,335 | +44.2% |
| Operating charges | 60/66A | €1,554,821 | €3,324,474 | +€1.8m | +113.8% |
| Goods for resale, raw materials and consumables | 60 | €753,614 | €505,716 | -€247,898 | -32.9% |
| Purchases | 600/8 | €753,614 | €505,716 | -€247,898 | -32.9% |
| Services and other goods | 61 | €341,089 | €2,817,821 | +€2.5m | +726.1% |
| Other operating charges | 640/8 | €460,118 | €937 | -€459,181 | -99.8% |
| Operating profit (loss) | 9901 | €111,197 | €2,555,931 | +€2.4m | +2198.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Other financial income | 752/9 | - | €2 | +€2 | |
| Financial charges | 65/66B | €165,565 | €311,843 | +€146,278 | +88.4% |
| Recurring financial charges | 65 | €165,565 | €311,843 | +€146,278 | +88.4% |
| Debt charges | 650 | €165,448 | €311,843 | +€146,394 | +88.5% |
| Other financial charges | 652/9 | €116 | - | -€116 | |
| Profit (loss) for the period before taxes | 9903 | -€54,368 | €2,244,091 | +€2.3m | |
| Income taxes | 67/77 | - | €561,169 | +€561,169 | |
| Taxes | 670/3 | - | €561,169 | +€561,169 | |
| Profit (loss) for the period | 9904 | -€54,368 | €1,682,922 | +€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,368 | €1,682,922 | +€1.7m |
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.