Bergfondsen Beheer: what changed
Bergfondsen Beheer
Largest movements
- Receivables after one year +€67,500
new in 2025: €67,500
- Receivables within one year +€53,150
up €53,150 (+439%), from €12,120 to €65,270
of which Trade receivables: +€53,170
- Cash -€23,778
down €23,778 (-29.9%), from €79,591 to €55,813
mainly Contributions, distributions and other (-€265,000) and Receivables after one year (-€67,500)
- Tangible fixed assets +€22,644
up €22,644 (+2,720%), from €832 to €23,476
of which Furniture and vehicles: +€21,647
- Other debts +€180,403
up €180,403 (+905%), from €19,942 to €200,345
- Reserves -€83,824
down €83,824 (-96.0%), from €87,292 to €3,468
- Tax, wage and social debts +€23,225
up €23,225 (+209%), from €11,116 to €34,341
- Gross operating margin +€16,116
up €16,116 (+7.0%), from €231,696 to €247,812
- Taxes +€6,968
up €6,968 (+12.1%), from €57,740 to €64,708
- Depreciation -€6,368
down €6,368 (-59.4%), from €10,713 to €4,346
- Financial income +€3,205
new in 2025: €3,205
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 | €148,881 | €269,990 | +€121,108 | +81.3% |
| Fixed assets | 21/28 | €50,918 | €73,476 | +€22,559 | +44.3% |
| Intangible fixed assets | 21 | €85 | - | -€85 | |
| Tangible fixed assets | 22/27 | €832 | €23,476 | +€22,644 | +2,720% |
| Plant, machinery and equipment | 23 | €690 | €1,687 | +€997 | +144% |
| Furniture and vehicles | 24 | €142 | €21,789 | +€21,647 | +15,210% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €97,964 | €196,513 | +€98,550 | +101% |
| Amounts receivable after more than one year | 29 | - | €67,500 | +€67,500 | |
| Other amounts receivable | 291 | - | €67,500 | +€67,500 | |
| Amounts receivable within one year | 40/41 | €12,120 | €65,270 | +€53,150 | +439% |
| Trade receivables | 40 | €12,100 | €65,270 | +€53,170 | +439% |
| Other amounts receivable | 41 | €20 | - | -€20 | |
| Cash at bank and in hand | 54/58 | €79,591 | €55,813 | -€23,778 | -29.9% |
| Deferred charges and accrued income | 490/1 | €6,253 | €7,930 | +€1,678 | +26.8% |
| Total equity and liabilities | 10/49 | €148,881 | €269,990 | +€121,108 | +81.3% |
| Equity | 10/15 | €105,892 | €22,068 | -€83,824 | -79.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,292 | €3,468 | -€83,824 | -96.0% |
| Distributable reserves | 133 | €87,292 | €3,468 | -€83,824 | -96.0% |
| Amounts payable | 17/49 | €42,989 | €247,922 | +€204,933 | +477% |
| Amounts payable within one year | 42/48 | €42,989 | €247,922 | +€204,933 | +477% |
| Trade debts | 44 | €11,931 | €13,236 | +€1,305 | +10.9% |
| Suppliers | 440/4 | €11,931 | €13,236 | +€1,305 | +10.9% |
| Taxes, remuneration and social security | 45 | €11,116 | €34,341 | +€23,225 | +209% |
| Taxes | 450/3 | €11,116 | €34,341 | +€23,225 | +209% |
| Other amounts payable | 47/48 | €19,942 | €200,345 | +€180,403 | +905% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,713 | €4,346 | -€6,368 | -59.4% |
| Other operating charges | 640/8 | €881 | €636 | -€245 | -27.9% |
| Gross operating margin | 9900 | €231,696 | €247,812 | +€16,116 | +7.0% |
| Operating profit (loss) | 9901 | €220,102 | €242,831 | +€22,729 | +10.3% |
| Financial income | 75/76B | - | €3,205 | +€3,205 | |
| Recurring financial income | 75 | - | €3,205 | +€3,205 | |
| Financial charges | 65/66B | €69 | €153 | +€83 | +120% |
| Recurring financial charges | 65 | €69 | €153 | +€83 | +120% |
| Profit (loss) for the period before taxes | 9903 | €220,032 | €245,883 | +€25,851 | +11.7% |
| Income taxes | 67/77 | €57,740 | €64,708 | +€6,968 | +12.1% |
| Profit (loss) for the period | 9904 | €162,292 | €181,176 | +€18,884 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €162,292 | €181,176 | +€18,884 | +11.6% |
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 6 November 2026 via checked.be.