BERKENHOF: 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.
BERKENHOF
Largest movements
- Cash +€100,716
up €100,716 (+49.6%), from €203,219 to €303,934
mainly Net result for the year (+€101,141) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€17,887
down €17,887 (-14.9%), from €120,337 to €102,450
- Other debts -€36,750
down €36,750 (-27.8%), from €132,365 to €95,615
- Gross operating margin +€23,345
up €23,345 (+15.4%), from €151,264 to €174,609
- Taxes +€16,102
up €16,102 (+50.7%), from €31,744 to €47,847
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 | €1,654,456 | €1,626,777 | -€27,678 | -1.7% |
| Fixed assets | 21/28 | €1,336,946 | €1,319,059 | -€17,887 | -1.3% |
| Tangible fixed assets | 22/27 | €120,337 | €102,450 | -€17,887 | -14.9% |
| Land and buildings | 22 | €120,337 | €102,450 | -€17,887 | -14.9% |
| Financial fixed assets | 28 | €1,216,609 | €1,216,609 | = | 0.0% |
| Current assets | 29/58 | €317,510 | €307,718 | -€9,791 | -3.1% |
| Amounts receivable within one year | 40/41 | €10,360 | €0 | -€10,360 | -100% |
| Other amounts receivable | 41 | €10,360 | €0 | -€10,360 | -100% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €203,219 | €303,934 | +€100,716 | +49.6% |
| Deferred charges and accrued income | 490/1 | €3,931 | €3,784 | -€147 | -3.7% |
| Total equity and liabilities | 10/49 | €1,654,456 | €1,626,777 | -€27,678 | -1.7% |
| Equity | 10/15 | €1,416,485 | €1,425,867 | +€9,382 | +0.7% |
| Contributions | 10/11 | €834,000 | €834,000 | = | 0.0% |
| Reserves | 13 | €582,485 | €591,867 | +€9,382 | +1.6% |
| Distributable reserves | 133 | €582,485 | €591,867 | +€9,382 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €237,971 | €200,910 | -€37,061 | -15.6% |
| Amounts payable after more than one year | 17 | €88,750 | €73,750 | -€15,000 | -16.9% |
| Financial debts | 170/4 | €88,750 | €73,750 | -€15,000 | -16.9% |
| Amounts payable within one year | 42/48 | €148,741 | €126,960 | -€21,781 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €147 | €171 | +€24 | +16.2% |
| Suppliers | 440/4 | €147 | €171 | +€24 | +16.2% |
| Taxes, remuneration and social security | 45 | €1,229 | €16,174 | +€14,945 | +1,216% |
| Taxes | 450/3 | €1,229 | €16,174 | +€14,945 | +1,216% |
| Other amounts payable | 47/48 | €132,365 | €95,615 | -€36,750 | -27.8% |
| Accrued charges and deferred income | 492/3 | €480 | €200 | -€280 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,887 | €17,887 | = | 0.0% |
| Other operating charges | 640/8 | €5,479 | €6,042 | +€563 | +10.3% |
| Gross operating margin | 9900 | €151,264 | €174,609 | +€23,345 | +15.4% |
| Operating profit (loss) | 9901 | €127,898 | €150,680 | +€22,782 | +17.8% |
| Financial income | 75/76B | €3,464 | €2,374 | -€1,090 | -31.5% |
| Recurring financial income | 75 | €3,464 | €2,374 | -€1,090 | -31.5% |
| Financial charges | 65/66B | €4,705 | €4,067 | -€638 | -13.6% |
| Recurring financial charges | 65 | €4,705 | €4,067 | -€638 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €126,657 | €148,988 | +€22,331 | +17.6% |
| Income taxes | 67/77 | €31,744 | €47,847 | +€16,102 | +50.7% |
| Profit (loss) for the period | 9904 | €94,913 | €101,141 | +€6,228 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €94,913 | €101,141 | +€6,228 | +6.6% |
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 27 October 2026 via checked.be.