BERGOM: 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.
BERGOM
Largest movements
- Cash +€40,238
up €40,238 (+65.3%), from €61,604 to €101,842
mainly Depreciation (+€27,485) and Net result for the year (+€12,495)
- Tangible fixed assets -€27,485
down €27,485 (-5.4%), from €508,975 to €481,491
of which Plant, machinery and equipment: -€18,151
- Reserves +€12,495
up €12,495 (+5.2%), from €240,938 to €253,433
of which Distributable reserves: +€12,495
- Accrued charges and deferred income +€7,779
new in 2025: €7,779
- Trade debts -€6,741
down €6,741 (-28.2%), from €23,942 to €17,201
- Gross operating margin +€10,041
up €10,041 (+18.8%), from €53,272 to €63,313
- Financial charges +€7,743
up €7,743 (+4,156%), from €186 to €7,929
- Depreciation +€1,668
up €1,668 (+6.5%), from €25,817 to €27,485
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.
Derived cash bridge
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 | €580,976 | €594,063 | +€13,087 | +2.3% |
| Fixed assets | 21/28 | €508,975 | €481,491 | -€27,485 | -5.4% |
| Tangible fixed assets | 22/27 | €508,975 | €481,491 | -€27,485 | -5.4% |
| Land and buildings | 22 | €386,588 | €377,255 | -€9,333 | -2.4% |
| Plant, machinery and equipment | 23 | €122,387 | €104,236 | -€18,151 | -14.8% |
| Current assets | 29/58 | €72,001 | €112,572 | +€40,572 | +56.3% |
| Cash at bank and in hand | 54/58 | €61,604 | €101,842 | +€40,238 | +65.3% |
| Deferred charges and accrued income | 490/1 | €10,397 | €10,731 | +€334 | +3.2% |
| Total equity and liabilities | 10/49 | €580,976 | €594,063 | +€13,087 | +2.3% |
| Equity | 10/15 | €439,253 | €451,748 | +€12,495 | +2.8% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €240,938 | €253,433 | +€12,495 | +5.2% |
| Non-distributable reserves | 130/1 | €19,831 | €19,831 | = | 0.0% |
| Legal reserve | 130 | €19,831 | €19,831 | = | 0.0% |
| Distributable reserves | 133 | €221,106 | €233,602 | +€12,495 | +5.7% |
| Amounts payable | 17/49 | €141,723 | €142,315 | +€592 | +0.4% |
| Amounts payable within one year | 42/48 | €141,723 | €134,536 | -€7,188 | -5.1% |
| Trade debts | 44 | €23,942 | €17,201 | -€6,741 | -28.2% |
| Suppliers | 440/4 | €23,942 | €17,201 | -€6,741 | -28.2% |
| Taxes, remuneration and social security | 45 | €9,128 | €6,228 | -€2,900 | -31.8% |
| Taxes | 450/3 | €9,128 | €6,228 | -€2,900 | -31.8% |
| Other amounts payable | 47/48 | €108,653 | €111,106 | +€2,453 | +2.3% |
| Accrued charges and deferred income | 492/3 | - | €7,779 | +€7,779 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,817 | €27,485 | +€1,668 | +6.5% |
| Other operating charges | 640/8 | €9,182 | €9,228 | +€46 | +0.5% |
| Gross operating margin | 9900 | €53,272 | €63,313 | +€10,041 | +18.8% |
| Operating profit (loss) | 9901 | €18,273 | €26,601 | +€8,328 | +45.6% |
| Financial income | 75/76B | €220 | €75 | -€144 | -65.8% |
| Recurring financial income | 75 | €220 | €75 | -€144 | -65.8% |
| Financial charges | 65/66B | €186 | €7,929 | +€7,743 | +4,156% |
| Recurring financial charges | 65 | €186 | €7,929 | +€7,743 | +4,156% |
| Profit (loss) for the period before taxes | 9903 | €18,306 | €18,746 | +€440 | +2.4% |
| Income taxes | 67/77 | €5,802 | €6,251 | +€449 | +7.7% |
| Profit (loss) for the period | 9904 | €12,505 | €12,495 | -€9 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,505 | €12,495 | -€9 | -0.1% |
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 16 October 2026 via checked.be.