BERGHOFF BELGIUM: what changed
What changed
BERGHOFF BELGIUM
NACE 46.494, Wholesale of non-electrical household articles
filed annual accounts (NBB)
Net result for the year
€111,065
2024 · €7,030+€104,035
Equity
€1.0m
2024 · €933,366+€111,065
Cash
€398,064
2024 · €422,125-€24,062
Balance sheet total
€2.6m
2024 · €2.7m-€99,991
Largest movements
Assets
- Receivables within one year -€71,706
down €71,706 (-11.1%), from €648,670 to €576,965
of which Trade receivables: -€73,703
- Stocks and contracts +€62,267
up €62,267 (+11.4%), from €546,309 to €608,576
- Tangible fixed assets -€44,363
down €44,363 (-4.2%), from €1.1m to €1.0m
of which Land and buildings: -€52,227
Equity and liabilities
- Trade debts -€132,261
down €132,261 (-19.3%), from €683,893 to €551,631
- Reserves +€111,065
up €111,065 (+12.2%), from €912,961 to €1.0m
of which Distributable reserves: +€144,745
- Debts after one year -€65,129
down €65,129 (-13.0%), from €502,193 to €437,064
- Current portion of long-term debt -€37,667
down €37,667 (-25.2%), from €149,445 to €111,779
Income statement
- Gross operating margin +€251,766
up €251,766 (+40.0%), from €628,684 to €880,450
- Staff costs +€121,279
up €121,279 (+30.6%), from €396,566 to €517,845
- Taxes +€32,629
up €32,629 (+362%), from €9,018 to €41,647
- Write-downs +€15,588
new in 2025: €15,588
- Financial charges -€11,052
down €11,052 (-13.4%), from €82,543 to €71,491
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.
Result 2024
€7,030
Gross operating margin
+€251,766
Staff costs
-€121,279
Depreciation
+€10,132
Write-downs
-€15,588
Other operating charges
-€474
Financial income
+€1,055
Financial charges
+€11,052
Taxes
-€32,629
Result 2025
€111,065
raises the resultlowers the result
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.
From operations
+€136,457
Investment
-€57,539
Financing
-€102,980
Cash 2024
€422,125
From operations (derived)
+€136,457
Net result for the year
+€111,065
Depreciation
+€107,559
Receivables after one year
+€4,113
Stocks and contracts
-€62,267
Receivables within one year
+€71,706
Deferred charges and accrued income
+€12,358
Trade debts
-€132,261
Tax, wage and social debts
+€23,487
Other debts
-€79
Accrued charges and deferred income
+€777
Investment (derived)
-€57,539
Investment in fixed assets (net)
-€57,539
Financing
-€102,980
Debts after one year
-€65,129
Current portion of long-term debt
-€37,667
Short-term financial debts
-€184
Cash 2025
€398,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,698,670 | €2,598,679 | -€99,991 | -3.7% |
| Fixed assets | 21/28 | €1,065,094 | €1,015,074 | -€50,020 | -4.7% |
| Intangible fixed assets | 21 | €8,462 | €2,805 | -€5,657 | -66.8% |
| Tangible fixed assets | 22/27 | €1,056,632 | €1,012,269 | -€44,363 | -4.2% |
| Land and buildings | 22 | €918,529 | €866,302 | -€52,227 | -5.7% |
| Plant, machinery and equipment | 23 | €122,615 | €89,439 | -€33,176 | -27.1% |
| Furniture and vehicles | 24 | €11,230 | €7,477 | -€3,754 | -33.4% |
| Leasing and similar rights | 25 | €4,258 | €49,052 | +€44,794 | +1,052% |
| Current assets | 29/58 | €1,633,576 | €1,583,605 | -€49,971 | -3.1% |
| Amounts receivable after more than one year | 29 | €4,113 | - | -€4,113 | |
| Other amounts receivable | 291 | €4,113 | - | -€4,113 | |
| Stocks and contracts in progress | 3 | €546,309 | €608,576 | +€62,267 | +11.4% |
| Stocks | 30/36 | €546,309 | €608,576 | +€62,267 | +11.4% |
| Amounts receivable within one year | 40/41 | €648,670 | €576,965 | -€71,706 | -11.1% |
| Trade receivables | 40 | €571,763 | €498,060 | -€73,703 | -12.9% |
| Other amounts receivable | 41 | €76,907 | €78,905 | +€1,998 | +2.6% |
| Cash at bank and in hand | 54/58 | €422,125 | €398,064 | -€24,062 | -5.7% |
| Deferred charges and accrued income | 490/1 | €12,358 | - | -€12,358 | |
| Total equity and liabilities | 10/49 | €2,698,670 | €2,598,679 | -€99,991 | -3.7% |
| Equity | 10/15 | €933,366 | €1,044,430 | +€111,065 | +11.9% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €912,961 | €1,024,025 | +€111,065 | +12.2% |
| Tax-exempt reserves | 132 | €33,680 | - | -€33,680 | |
| Distributable reserves | 133 | €879,281 | €1,024,025 | +€144,745 | +16.5% |
| Amounts payable | 17/49 | €1,765,304 | €1,554,248 | -€211,056 | -12.0% |
| Amounts payable after more than one year | 17 | €502,193 | €437,064 | -€65,129 | -13.0% |
| Financial debts | 170/4 | €502,193 | €437,064 | -€65,129 | -13.0% |
| Amounts payable within one year | 42/48 | €1,263,112 | €1,116,408 | -€146,704 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €149,445 | €111,779 | -€37,667 | -25.2% |
| Financial debts | 43 | €403,906 | €403,722 | -€184 | 0.0% |
| Credit institutions | 430/8 | €403,906 | €403,722 | -€184 | 0.0% |
| Trade debts | 44 | €683,893 | €551,631 | -€132,261 | -19.3% |
| Suppliers | 440/4 | €683,893 | €551,631 | -€132,261 | -19.3% |
| Taxes, remuneration and social security | 45 | €25,789 | €49,276 | +€23,487 | +91.1% |
| Taxes | 450/3 | €20,793 | €7,119 | -€13,674 | -65.8% |
| Remuneration and social security | 454/9 | €4,995 | €42,157 | +€37,162 | +744% |
| Other amounts payable | 47/48 | €79 | - | -€79 | |
| Accrued charges and deferred income | 492/3 | - | €777 | +€777 | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €396,566 | €517,845 | +€121,279 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,691 | €107,559 | -€10,132 | -8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,588 | +€15,588 | |
| Other operating charges | 640/8 | €16,271 | €16,745 | +€474 | +2.9% |
| Gross operating margin | 9900 | €628,684 | €880,450 | +€251,766 | +40.0% |
| Operating profit (loss) | 9901 | €98,156 | €222,713 | +€124,556 | +127% |
| Financial income | 75/76B | €435 | €1,490 | +€1,055 | +242% |
| Recurring financial income | 75 | €435 | €1,490 | +€1,055 | +242% |
| Financial charges | 65/66B | €82,543 | €71,491 | -€11,052 | -13.4% |
| Recurring financial charges | 65 | €82,543 | €71,491 | -€11,052 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €16,049 | €152,712 | +€136,663 | +852% |
| Income taxes | 67/77 | €9,018 | €41,647 | +€32,629 | +362% |
| Profit (loss) for the period | 9904 | €7,030 | €111,065 | +€104,035 | +1,480% |
| Transfer from tax-exempt reserves | 789 | €92,620 | €33,680 | -€58,940 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €99,650 | €144,745 | +€45,095 | +45.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.