BERGHWATER: 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.
BERGHWATER
Largest movements
- Receivables within one year +€9,888
up €9,888 (+48.5%), from €20,371 to €30,259
of which Other amounts receivable: +€12,610
- Profit (loss) carried forward +€4,332
up €4,332 (+10.9%), from -€39,918 to -€35,586
- Trade debts +€3,275
up €3,275 (+154.5%), from €2,120 to €5,395
- Tax, wage and social debts +€2,239
up €2,239 (+213.2%), from €1,050 to €3,290
- Gross operating margin +€2,520
up €2,520 (+56.8%), from €4,433 to €6,953
- Taxes +€1,308
up €1,308 (+276.4%), from €473 to €1,782
- Financial income -€702
down €702 (-79.0%), from €889 to €187
- Other operating charges +€644
up €644 (+321.9%), from €200 to €844
- Financial charges -€253
down €253, from €49 to -€205
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 | €20,372 | €30,259 | +€9,886 | +48.5% |
| Current assets | 29/58 | €20,372 | €30,259 | +€9,886 | +48.5% |
| Amounts receivable within one year | 40/41 | €20,371 | €30,259 | +€9,888 | +48.5% |
| Trade receivables | 40 | €2,723 | €0 | -€2,723 | -100.0% |
| Other amounts receivable | 41 | €17,648 | €30,259 | +€12,610 | +71.5% |
| Cash at bank and in hand | 54/58 | €1 | €0 | -€1 | -100.0% |
| Total equity and liabilities | 10/49 | €20,372 | €30,259 | +€9,886 | +48.5% |
| Equity | 10/15 | €17,202 | €21,534 | +€4,332 | +25.2% |
| Contributions | 10/11 | €19,200 | €19,200 | = | 0.0% |
| Reserves | 13 | €37,920 | €37,920 | = | 0.0% |
| Distributable reserves | 133 | €37,920 | €37,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,918 | -€35,586 | +€4,332 | +10.9% |
| Amounts payable | 17/49 | €3,170 | €8,725 | +€5,555 | +175.2% |
| Amounts payable within one year | 42/48 | €3,170 | €8,725 | +€5,555 | +175.2% |
| Financial debts | 43 | - | €41 | +€41 | |
| Credit institutions | 430/8 | - | €41 | +€41 | |
| Trade debts | 44 | €2,120 | €5,395 | +€3,275 | +154.5% |
| Suppliers | 440/4 | €2,120 | €5,395 | +€3,275 | +154.5% |
| Taxes, remuneration and social security | 45 | €1,050 | €3,290 | +€2,239 | +213.2% |
| Taxes | 450/3 | €1,050 | €3,290 | +€2,239 | +213.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €200 | €844 | +€644 | +321.9% |
| Gross operating margin | 9900 | €4,433 | €6,953 | +€2,520 | +56.8% |
| Operating profit (loss) | 9901 | €4,233 | €6,109 | +€1,876 | +44.3% |
| Financial income | 75/76B | €889 | €187 | -€702 | -79.0% |
| Recurring financial income | 75 | €889 | €187 | -€702 | -79.0% |
| Financial charges | 65/66B | €49 | -€205 | -€253 | |
| Recurring financial charges | 65 | €49 | -€205 | -€253 | |
| Profit (loss) for the period before taxes | 9903 | €5,073 | €6,501 | +€1,427 | +28.1% |
| Income taxes | 67/77 | €473 | €1,782 | +€1,308 | +276.4% |
| Profit (loss) for the period | 9904 | €4,600 | €4,719 | +€119 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,600 | €4,719 | +€119 | +2.6% |
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 11 October 2026 via checked.be.