BERGEZ: 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.
BERGEZ
Largest movements
- Receivables within one year -€254,746
down €254,746 (-91.9%), from €277,200 to €22,454
of which Other amounts receivable: -€255,626
- Tangible fixed assets -€46,931
down €46,931 (-5.4%), from €875,679 to €828,748
of which Plant, machinery and equipment: -€27,438
- Cash -€17,579
down €17,579 (-7.5%), from €233,034 to €215,455
mainly Contributions, distributions and other (-€385,488) and Debts after one year (-€55,511)
- Reserves -€264,501
down €264,501 (-38.5%), from €687,155 to €422,654
of which Distributable reserves: -€264,501
- Debts after one year -€55,511
down €55,511 (-10.4%), from €532,329 to €476,818
- Other debts -€36,643
down €36,643 (-42.4%), from €86,335 to €49,692
- Tax, wage and social debts +€16,078
up €16,078 (+57.4%), from €28,030 to €44,108
of which Taxes: +€15,934
- Gross operating margin -€51,781
down €51,781 (-16.1%), from €321,866 to €270,084
- Taxes -€11,609
down €11,609 (-16.9%), from €68,680 to €57,071
- Financial income +€4,481
up €4,481 (+33.6%), from €13,351 to €17,833
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 | €1,417,457 | €1,078,988 | -€338,469 | -23.9% |
| Fixed assets | 21/28 | €875,854 | €828,923 | -€46,931 | -5.4% |
| Tangible fixed assets | 22/27 | €875,679 | €828,748 | -€46,931 | -5.4% |
| Land and buildings | 22 | €660,448 | €641,356 | -€19,092 | -2.9% |
| Plant, machinery and equipment | 23 | €179,656 | €152,218 | -€27,438 | -15.3% |
| Furniture and vehicles | 24 | €21,708 | €20,253 | -€1,455 | -6.7% |
| Other tangible fixed assets | 26 | €13,867 | €14,921 | +€1,054 | +7.6% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €541,603 | €250,065 | -€291,538 | -53.8% |
| Amounts receivable after more than one year | 29 | €12,770 | - | -€12,770 | |
| Other amounts receivable | 291 | €12,770 | - | -€12,770 | |
| Amounts receivable within one year | 40/41 | €277,200 | €22,454 | -€254,746 | -91.9% |
| Trade receivables | 40 | €1,545 | €2,426 | +€880 | +57.0% |
| Other amounts receivable | 41 | €275,654 | €20,028 | -€255,626 | -92.7% |
| Cash at bank and in hand | 54/58 | €233,034 | €215,455 | -€17,579 | -7.5% |
| Deferred charges and accrued income | 490/1 | €18,600 | €12,157 | -€6,443 | -34.6% |
| Total equity and liabilities | 10/49 | €1,417,457 | €1,078,988 | -€338,469 | -23.9% |
| Equity | 10/15 | €699,555 | €435,054 | -€264,501 | -37.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €687,155 | €422,654 | -€264,501 | -38.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €685,295 | €420,794 | -€264,501 | -38.6% |
| Amounts payable | 17/49 | €717,902 | €643,935 | -€73,968 | -10.3% |
| Amounts payable after more than one year | 17 | €532,329 | €476,818 | -€55,511 | -10.4% |
| Financial debts | 170/4 | €532,329 | €476,818 | -€55,511 | -10.4% |
| Amounts payable within one year | 42/48 | €184,007 | €166,316 | -€17,691 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €63,777 | €64,348 | +€571 | +0.9% |
| Trade debts | 44 | €5,866 | €8,168 | +€2,302 | +39.3% |
| Suppliers | 440/4 | €5,866 | €8,168 | +€2,302 | +39.3% |
| Taxes, remuneration and social security | 45 | €28,030 | €44,108 | +€16,078 | +57.4% |
| Taxes | 450/3 | €20,349 | €36,283 | +€15,934 | +78.3% |
| Remuneration and social security | 454/9 | €7,681 | €7,825 | +€144 | +1.9% |
| Other amounts payable | 47/48 | €86,335 | €49,692 | -€36,643 | -42.4% |
| Accrued charges and deferred income | 492/3 | €1,566 | €800 | -€766 | -48.9% |
| Remuneration, social security and pensions | 62 | €36,509 | €37,115 | +€606 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,294 | €55,836 | -€1,458 | -2.5% |
| Other operating charges | 640/8 | €3,147 | €4,295 | +€1,148 | +36.5% |
| Gross operating margin | 9900 | €321,866 | €270,084 | -€51,781 | -16.1% |
| Operating profit (loss) | 9901 | €224,915 | €172,838 | -€52,077 | -23.2% |
| Financial income | 75/76B | €13,351 | €17,833 | +€4,481 | +33.6% |
| Recurring financial income | 75 | €13,351 | €17,833 | +€4,481 | +33.6% |
| Financial charges | 65/66B | €14,360 | €12,613 | -€1,747 | -12.2% |
| Recurring financial charges | 65 | €14,360 | €12,613 | -€1,747 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €223,906 | €178,057 | -€45,849 | -20.5% |
| Income taxes | 67/77 | €68,680 | €57,071 | -€11,609 | -16.9% |
| Profit (loss) for the period | 9904 | €155,227 | €120,987 | -€34,240 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €155,227 | €120,987 | -€34,240 | -22.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.