BERGMANS: 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.
BERGMANS
Largest movements
- Cash +€119,137
up €119,137 (+29.0%), from €411,342 to €530,479
mainly Depreciation (+€88,583) and Receivables within one year (+€62,152)
- Tangible fixed assets -€88,583
down €88,583 (-6.2%), from €1.4m to €1.3m
of which Land and buildings: -€85,794
- Receivables within one year -€62,152
down €62,152 (-11.4%), from €543,836 to €481,684
of which Trade receivables: -€84,004
- Debts after one year -€53,107
down €53,107 (-23.0%), from €230,994 to €177,887
- Gross operating margin +€97,979
up €97,979 (+781.3%), from €12,540 to €110,519
- Financial income +€21,816
up €21,816 (+153.2%), from €14,243 to €36,059
- Depreciation +€5,835
up €5,835 (+7.1%), from €82,748 to €88,583
- Financial charges -€2,800
down €2,800 (-9.4%), from €29,796 to €26,997
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 | €2,659,217 | €2,613,464 | -€45,752 | -1.7% |
| Fixed assets | 21/28 | €1,420,387 | €1,331,804 | -€88,583 | -6.2% |
| Tangible fixed assets | 22/27 | €1,420,387 | €1,331,804 | -€88,583 | -6.2% |
| Land and buildings | 22 | €1,412,883 | €1,327,089 | -€85,794 | -6.1% |
| Plant, machinery and equipment | 23 | €5,302 | €3,314 | -€1,988 | -37.5% |
| Furniture and vehicles | 24 | €2,202 | €1,401 | -€801 | -36.4% |
| Current assets | 29/58 | €1,238,830 | €1,281,660 | +€42,831 | +3.5% |
| Stocks and contracts in progress | 3 | €283,652 | €267,652 | -€16,000 | -5.6% |
| Stocks | 30/36 | €283,652 | €267,652 | -€16,000 | -5.6% |
| Amounts receivable within one year | 40/41 | €543,836 | €481,684 | -€62,152 | -11.4% |
| Trade receivables | 40 | €84,004 | - | -€84,004 | |
| Other amounts receivable | 41 | €459,832 | €481,684 | +€21,851 | +4.8% |
| Cash at bank and in hand | 54/58 | €411,342 | €530,479 | +€119,137 | +29.0% |
| Deferred charges and accrued income | 490/1 | - | €1,846 | +€1,846 | |
| Total equity and liabilities | 10/49 | €2,659,217 | €2,613,464 | -€45,752 | -1.7% |
| Equity | 10/15 | €620,491 | €641,847 | +€21,356 | +3.4% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €927,658 | €927,658 | = | 0.0% |
| Non-distributable reserves | 130/1 | €118,872 | €118,872 | = | 0.0% |
| Legal reserve | 130 | €118,872 | €118,872 | = | 0.0% |
| Distributable reserves | 133 | €808,786 | €808,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€682,167 | -€660,811 | +€21,356 | +3.1% |
| Amounts payable | 17/49 | €2,038,726 | €1,971,617 | -€67,108 | -3.3% |
| Amounts payable after more than one year | 17 | €230,994 | €177,887 | -€53,107 | -23.0% |
| Financial debts | 170/4 | €230,994 | €177,887 | -€53,107 | -23.0% |
| Amounts payable within one year | 42/48 | €1,807,731 | €1,793,730 | -€14,001 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €24,000 | €24,000 | = | 0.0% |
| Financial debts | 43 | €553,211 | €566,586 | +€13,375 | +2.4% |
| Other loans | 439 | €553,211 | €566,586 | +€13,375 | +2.4% |
| Trade debts | 44 | €15,854 | €12,857 | -€2,997 | -18.9% |
| Suppliers | 440/4 | €15,854 | €12,857 | -€2,997 | -18.9% |
| Taxes, remuneration and social security | 45 | €4,359 | €6,379 | +€2,020 | +46.3% |
| Taxes | 450/3 | €4,359 | €6,379 | +€2,020 | +46.3% |
| Other amounts payable | 47/48 | €1,210,308 | €1,183,908 | -€26,400 | -2.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,748 | €88,583 | +€5,835 | +7.1% |
| Other operating charges | 640/8 | €9,534 | €9,642 | +€107 | +1.1% |
| Gross operating margin | 9900 | €12,540 | €110,519 | +€97,979 | +781.3% |
| Operating profit (loss) | 9901 | -€79,742 | €12,294 | +€92,036 | |
| Financial income | 75/76B | €14,243 | €36,059 | +€21,816 | +153.2% |
| Recurring financial income | 75 | €14,243 | €36,059 | +€21,816 | +153.2% |
| Financial charges | 65/66B | €29,796 | €26,997 | -€2,800 | -9.4% |
| Recurring financial charges | 65 | €29,796 | €26,997 | -€2,800 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€95,296 | €21,356 | +€116,652 | |
| Profit (loss) for the period | 9904 | -€95,296 | €21,356 | +€116,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€95,296 | €21,356 | +€116,652 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.