BERKVENS: 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.
BERKVENS
Largest movements
- Receivables within one year -€78,377
down €78,377 (-74.9%), from €104,604 to €26,227
of which Other amounts receivable: -€55,573
- Tangible fixed assets -€13,691
down €13,691 (-36.4%), from €37,582 to €23,891
of which Other tangible fixed assets: -€10,310
- Deferred charges and accrued income +€1,723
up €1,723 (+37.5%), from €4,598 to €6,321
- Reserves -€42,591
down €42,591 (-49.3%), from €86,347 to €43,756
- Trade debts -€30,985
down €30,985 (-70.7%), from €43,829 to €12,844
- Profit (loss) carried forward -€15,880
down €15,880 (-547.8%), from -€2,899 to -€18,779
- Short-term financial debts -€5,000
no longer reported in 2025 (was €5,000)
- Current portion of long-term debt +€2,415
up €2,415 (+76.4%), from €3,163 to €5,578
- Gross operating margin -€6,741
down €6,741 (-12.7%), from €53,068 to €46,327
- Staff costs +€5,911
up €5,911 (+22.2%), from €26,589 to €32,500
- Financial charges -€2,958
down €2,958 (-27.4%), from €10,797 to €7,839
- Financial income +€1,487
new in 2025: €1,487
- Taxes -€892
down €892 (-67.8%), from €1,316 to €424
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 | €158,882 | €69,144 | -€89,738 | -56.5% |
| Fixed assets | 21/28 | €37,582 | €23,891 | -€13,691 | -36.4% |
| Tangible fixed assets | 22/27 | €37,582 | €23,891 | -€13,691 | -36.4% |
| Plant, machinery and equipment | 23 | €4,840 | €6,888 | +€2,048 | +42.3% |
| Furniture and vehicles | 24 | €14,487 | €10,976 | -€3,511 | -24.2% |
| Leasing and similar rights | 25 | €7,486 | €5,568 | -€1,918 | -25.6% |
| Other tangible fixed assets | 26 | €10,769 | €459 | -€10,310 | -95.7% |
| Current assets | 29/58 | €121,300 | €45,253 | -€76,047 | -62.7% |
| Amounts receivable within one year | 40/41 | €104,604 | €26,227 | -€78,377 | -74.9% |
| Trade receivables | 40 | €27,524 | €4,720 | -€22,804 | -82.9% |
| Other amounts receivable | 41 | €77,080 | €21,507 | -€55,573 | -72.1% |
| Cash at bank and in hand | 54/58 | €12,098 | €12,705 | +€607 | +5.0% |
| Deferred charges and accrued income | 490/1 | €4,598 | €6,321 | +€1,723 | +37.5% |
| Total equity and liabilities | 10/49 | €158,882 | €69,144 | -€89,738 | -56.5% |
| Equity | 10/15 | €93,448 | €34,977 | -€58,471 | -62.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €86,347 | €43,756 | -€42,591 | -49.3% |
| Distributable reserves | 133 | €86,347 | €43,756 | -€42,591 | -49.3% |
| Profit (loss) carried forward | 14 | -€2,899 | -€18,779 | -€15,880 | -547.8% |
| Amounts payable | 17/49 | €65,434 | €34,167 | -€31,267 | -47.8% |
| Amounts payable after more than one year | 17 | €8,374 | €8,571 | +€197 | +2.4% |
| Financial debts | 170/4 | €8,374 | €8,571 | +€197 | +2.4% |
| Amounts payable within one year | 42/48 | €56,998 | €25,280 | -€31,718 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | €3,163 | €5,578 | +€2,415 | +76.4% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €43,829 | €12,844 | -€30,985 | -70.7% |
| Suppliers | 440/4 | €43,829 | €12,844 | -€30,985 | -70.7% |
| Taxes, remuneration and social security | 45 | €5,006 | €6,858 | +€1,852 | +37.0% |
| Taxes | 450/3 | €1,684 | €3,214 | +€1,530 | +90.9% |
| Remuneration and social security | 454/9 | €3,322 | €3,644 | +€322 | +9.7% |
| Accrued charges and deferred income | 492/3 | €62 | €316 | +€254 | +409.7% |
| Remuneration, social security and pensions | 62 | €26,589 | €32,500 | +€5,911 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,962 | €11,309 | -€653 | -5.5% |
| Other operating charges | 640/8 | €1,983 | €1,630 | -€353 | -17.8% |
| Non-recurring operating charges | 66A | €3,320 | €9,992 | +€6,672 | +201.0% |
| Gross operating margin | 9900 | €53,068 | €46,327 | -€6,741 | -12.7% |
| Operating profit (loss) | 9901 | €9,214 | -€9,104 | -€18,318 | |
| Financial income | 75/76B | - | €1,487 | +€1,487 | |
| Recurring financial income | 75 | - | €1,487 | +€1,487 | |
| Financial charges | 65/66B | €10,797 | €7,839 | -€2,958 | -27.4% |
| Recurring financial charges | 65 | €10,797 | €7,839 | -€2,958 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,583 | -€15,456 | -€13,873 | -876.4% |
| Income taxes | 67/77 | €1,316 | €424 | -€892 | -67.8% |
| Profit (loss) for the period | 9904 | -€2,899 | -€15,880 | -€12,981 | -447.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,899 | -€15,880 | -€12,981 | -447.8% |
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 10 October 2026 via checked.be.