BERGHS: 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.
BERGHS
Largest movements
- Receivables within one year +€51,359
up €51,359 (+113.0%), from €45,469 to €96,827
of which Trade receivables: +€48,151
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€38,343
up €38,343 (+23.8%), from €160,774 to €199,117
mainly Current investments (+€50,000) and Trade debts (+€15,670)
- Tangible fixed assets -€12,594
down €12,594 (-34.7%), from €36,255 to €23,662
of which Furniture and vehicles: -€7,778
- Deferred charges and accrued income -€7,026
down €7,026 (-41.9%), from €16,762 to €9,737
- Trade debts +€15,670
up €15,670 (+65.4%), from €23,967 to €39,637
- Reserves +€5,410
up €5,410 (+1.9%), from €285,179 to €290,588
- Gross operating margin +€10,839
up €10,839 (+80.6%), from €13,455 to €24,294
- Taxes +€2,945
up €2,945 (+107.4%), from €2,743 to €5,688
- Financial income -€1,941
down €1,941 (-61.9%), from €3,137 to €1,196
- Depreciation +€885
up €885 (+13.6%), from €6,510 to €7,395
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 | €309,260 | €329,343 | +€20,082 | +6.5% |
| Fixed assets | 21/28 | €36,255 | €23,662 | -€12,594 | -34.7% |
| Tangible fixed assets | 22/27 | €36,255 | €23,662 | -€12,594 | -34.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €31,440 | €23,662 | -€7,778 | -24.7% |
| Other tangible fixed assets | 26 | €4,815 | €0 | -€4,815 | -100.0% |
| Current assets | 29/58 | €273,005 | €305,681 | +€32,676 | +12.0% |
| Amounts receivable within one year | 40/41 | €45,469 | €96,827 | +€51,359 | +113.0% |
| Trade receivables | 40 | €7,600 | €55,751 | +€48,151 | +633.6% |
| Other amounts receivable | 41 | €37,869 | €41,076 | +€3,208 | +8.5% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €160,774 | €199,117 | +€38,343 | +23.8% |
| Deferred charges and accrued income | 490/1 | €16,762 | €9,737 | -€7,026 | -41.9% |
| Total equity and liabilities | 10/49 | €309,260 | €329,343 | +€20,082 | +6.5% |
| Equity | 10/15 | €281,063 | €286,473 | +€5,410 | +1.9% |
| Reserves | 13 | €285,179 | €290,588 | +€5,410 | +1.9% |
| Distributable reserves | 133 | €285,179 | €290,588 | +€5,410 | +1.9% |
| Profit (loss) carried forward | 14 | -€4,115 | -€4,115 | = | 0.0% |
| Amounts payable | 17/49 | €28,197 | €42,870 | +€14,673 | +52.0% |
| Amounts payable within one year | 42/48 | €27,726 | €42,870 | +€15,144 | +54.6% |
| Trade debts | 44 | €23,967 | €39,637 | +€15,670 | +65.4% |
| Suppliers | 440/4 | €23,967 | €39,637 | +€15,670 | +65.4% |
| Taxes, remuneration and social security | 45 | €3,759 | €3,233 | -€526 | -14.0% |
| Taxes | 450/3 | €3,759 | €3,233 | -€526 | -14.0% |
| Accrued charges and deferred income | 492/3 | €471 | €0 | -€471 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,510 | €7,395 | +€885 | +13.6% |
| Other operating charges | 640/8 | €2,022 | €2,173 | +€151 | +7.5% |
| Non-recurring operating charges | 66A | €8,344 | €3,698 | -€4,645 | -55.7% |
| Gross operating margin | 9900 | €13,455 | €24,294 | +€10,839 | +80.6% |
| Operating profit (loss) | 9901 | -€3,421 | €11,028 | +€14,448 | |
| Financial income | 75/76B | €3,137 | €1,196 | -€1,941 | -61.9% |
| Recurring financial income | 75 | €3,137 | €1,196 | -€1,941 | -61.9% |
| Financial charges | 65/66B | €1,089 | €1,126 | +€37 | +3.4% |
| Recurring financial charges | 65 | €1,089 | €1,126 | +€37 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,373 | €11,097 | +€12,470 | |
| Income taxes | 67/77 | €2,743 | €5,688 | +€2,945 | +107.4% |
| Profit (loss) for the period | 9904 | -€4,115 | €5,410 | +€9,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,115 | €5,410 | +€9,525 |
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 12 October 2026 via checked.be.