BERKHOUT CONCEPT: 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.
BERKHOUT CONCEPT
Largest movements
- Tangible fixed assets -€557,337
down €557,337 (-23.8%), from €2.3m to €1.8m
of which Land and buildings: -€606,650
- Cash +€273,142
up €273,142 (+549.6%), from €49,696 to €322,838
mainly Investment in fixed assets (net) (+€400,087) and Other debts (+€399,340)
- Debts after one year -€420,005
down €420,005 (-32.4%), from €1.3m to €878,173
of which Other amounts payable: -€252,836
- Other debts +€399,340
up €399,340 (+148.0%), from €269,823 to €669,162
- Reserves -€303,869
down €303,869 (-20.1%), from €1.5m to €1.2m
- Depreciation -€33,308
down €33,308 (-17.5%), from €190,558 to €157,249
- Gross operating margin -€21,622
down €21,622 (-5.4%), from €398,641 to €377,019
- Financial income -€10,000
down €10,000 (-11.1%), from €90,000 to €80,000
- Other operating charges +€4,696
up €4,696 (+15.2%), from €30,907 to €35,604
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 | €3,449,672 | €3,152,249 | -€297,423 | -8.6% |
| Fixed assets | 21/28 | €3,085,112 | €2,527,775 | -€557,337 | -18.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,336,974 | €1,779,637 | -€557,337 | -23.8% |
| Land and buildings | 22 | €2,309,942 | €1,703,292 | -€606,650 | -26.3% |
| Furniture and vehicles | 24 | €27,032 | €76,345 | +€49,313 | +182.4% |
| Financial fixed assets | 28 | €748,138 | €748,138 | = | 0.0% |
| Current assets | 29/58 | €364,560 | €624,474 | +€259,914 | +71.3% |
| Stocks and contracts in progress | 3 | €49,958 | €49,958 | = | 0.0% |
| Stocks | 30/36 | €49,958 | €49,958 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €260,542 | €245,958 | -€14,584 | -5.6% |
| Trade receivables | 40 | €54,836 | €51,330 | -€3,506 | -6.4% |
| Other amounts receivable | 41 | €205,706 | €194,628 | -€11,078 | -5.4% |
| Cash at bank and in hand | 54/58 | €49,696 | €322,838 | +€273,142 | +549.6% |
| Deferred charges and accrued income | 490/1 | €4,365 | €5,721 | +€1,356 | +31.1% |
| Total equity and liabilities | 10/49 | €3,449,672 | €3,152,249 | -€297,423 | -8.6% |
| Equity | 10/15 | €1,584,873 | €1,281,004 | -€303,869 | -19.2% |
| Contributions | 10/11 | €68,592 | €68,592 | = | 0.0% |
| Reserves | 13 | €1,515,096 | €1,211,227 | -€303,869 | -20.1% |
| Distributable reserves | 133 | €1,515,096 | €1,211,227 | -€303,869 | -20.1% |
| Profit (loss) carried forward | 14 | €1,185 | €1,185 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,750 | €1,750 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,750 | €1,750 | = | 0.0% |
| Environmental obligations | 163 | €1,750 | €1,750 | = | 0.0% |
| Amounts payable | 17/49 | €1,863,049 | €1,869,495 | +€6,447 | +0.3% |
| Amounts payable after more than one year | 17 | €1,298,177 | €878,173 | -€420,005 | -32.4% |
| Financial debts | 170/4 | €964,761 | €797,592 | -€167,169 | -17.3% |
| Other amounts payable | 178/9 | €333,417 | €80,580 | -€252,836 | -75.8% |
| Amounts payable within one year | 42/48 | €529,195 | €955,516 | +€426,321 | +80.6% |
| Current portion of amounts payable after more than one year | 42 | €222,401 | €223,575 | +€1,174 | +0.5% |
| Trade debts | 44 | €19,220 | €26,802 | +€7,582 | +39.4% |
| Suppliers | 440/4 | €19,220 | €26,802 | +€7,582 | +39.4% |
| Taxes, remuneration and social security | 45 | €17,751 | €35,977 | +€18,226 | +102.7% |
| Taxes | 450/3 | €17,751 | €35,977 | +€18,226 | +102.7% |
| Other amounts payable | 47/48 | €269,823 | €669,162 | +€399,340 | +148.0% |
| Accrued charges and deferred income | 492/3 | €35,676 | €35,806 | +€130 | +0.4% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €416 | +€416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,558 | €157,249 | -€33,308 | -17.5% |
| Other operating charges | 640/8 | €30,907 | €35,604 | +€4,696 | +15.2% |
| Gross operating margin | 9900 | €398,641 | €377,019 | -€21,622 | -5.4% |
| Operating profit (loss) | 9901 | €177,175 | €183,750 | +€6,574 | +3.7% |
| Financial income | 75/76B | €90,000 | €80,000 | -€10,000 | -11.1% |
| Recurring financial income | 75 | €90,000 | €80,000 | -€10,000 | -11.1% |
| Financial charges | 65/66B | €30,062 | €26,328 | -€3,733 | -12.4% |
| Recurring financial charges | 65 | €30,062 | €26,328 | -€3,733 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €237,114 | €237,421 | +€308 | +0.1% |
| Income taxes | 67/77 | €56,408 | €58,358 | +€1,949 | +3.5% |
| Profit (loss) for the period | 9904 | €180,705 | €179,064 | -€1,642 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €180,705 | €179,064 | -€1,642 | -0.9% |
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.