BerQoen: 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.
BerQoen
Largest movements
- Cash +€75,263
up €75,263 (+140%), from €53,914 to €129,176
mainly Current investments (+€62,475) and Depreciation (+€25,443)
- Current investments -€62,475
no longer reported in 2025 (was €62,475)
- Tangible fixed assets -€25,443
down €25,443 (-4.4%), from €577,658 to €552,215
- Financial fixed assets +€18,826
up €18,826 (+16.4%), from €114,450 to €133,276
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€10,664
up €10,664 (+276%), from €3,867 to €14,531
- Gross operating margin +€8,279
up €8,279 (+46.7%), from €17,713 to €25,993
- Other operating charges -€639
down €639 (-5.4%), from €11,841 to €11,203
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 | €809,657 | €816,783 | +€7,127 | +0.9% |
| Fixed assets | 21/28 | €692,108 | €685,492 | -€6,616 | -1.0% |
| Tangible fixed assets | 22/27 | €577,658 | €552,215 | -€25,443 | -4.4% |
| Land and buildings | 22 | €577,658 | €552,215 | -€25,443 | -4.4% |
| Financial fixed assets | 28 | €114,450 | €133,276 | +€18,826 | +16.4% |
| Current assets | 29/58 | €117,549 | €131,292 | +€13,743 | +11.7% |
| Amounts receivable within one year | 40/41 | €1,160 | €2,115 | +€955 | +82.3% |
| Other amounts receivable | 41 | €1,160 | €2,115 | +€955 | +82.3% |
| Current investments | 50/53 | €62,475 | - | -€62,475 | |
| Cash at bank and in hand | 54/58 | €53,914 | €129,176 | +€75,263 | +140% |
| Total equity and liabilities | 10/49 | €809,657 | €816,783 | +€7,127 | +0.9% |
| Equity | 10/15 | €807,785 | €811,586 | +€3,802 | +0.5% |
| Contributions | 10/11 | €411,875 | €411,875 | = | 0.0% |
| Reserves | 13 | €395,910 | €399,711 | +€3,802 | +1.0% |
| Distributable reserves | 133 | €395,910 | €399,711 | +€3,802 | +1.0% |
| Amounts payable | 17/49 | €1,872 | €5,197 | +€3,325 | +178% |
| Amounts payable within one year | 42/48 | €1,872 | €5,197 | +€3,325 | +178% |
| Trade debts | 44 | - | €4,932 | +€4,932 | |
| Suppliers | 440/4 | - | €4,932 | +€4,932 | |
| Taxes, remuneration and social security | 45 | €232 | - | -€232 | |
| Taxes | 450/3 | €232 | - | -€232 | |
| Other amounts payable | 47/48 | €1,640 | €265 | -€1,375 | -83.8% |
| Non-recurring operating income | 76A | €28,218 | - | -€28,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,443 | €25,443 | = | 0.0% |
| Other operating charges | 640/8 | €11,841 | €11,203 | -€639 | -5.4% |
| Gross operating margin | 9900 | €17,713 | €25,993 | +€8,279 | +46.7% |
| Operating profit (loss) | 9901 | -€19,571 | -€10,653 | +€8,918 | +45.6% |
| Financial income | 75/76B | €3,867 | €14,531 | +€10,664 | +276% |
| Recurring financial income | 75 | €3,867 | €14,531 | +€10,664 | +276% |
| Financial charges | 65/66B | €139 | €77 | -€62 | -44.5% |
| Recurring financial charges | 65 | €139 | €77 | -€62 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,842 | €3,802 | +€19,644 | |
| Profit (loss) for the period | 9904 | -€15,842 | €3,802 | +€19,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,842 | €3,802 | +€19,644 |
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 15 October 2026 via checked.be.