BERVOETS M.: 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.
BERVOETS M.
Largest movements
- Receivables within one year -€10,566
down €10,566 (-18.9%), from €55,983 to €45,416
of which Trade receivables: -€50,221
- Tangible fixed assets +€4,666
up €4,666 (+1.6%), from €289,340 to €294,005
of which Other tangible fixed assets: +€27,978
- Other debts -€154,251
down €154,251 (-38.0%), from €406,185 to €251,934
- Profit (loss) carried forward +€81,942
up €81,942, from -€68,103 to €13,838
- Trade debts +€62,393
up €62,393 (+843.3%), from €7,399 to €69,792
- Tax, wage and social debts +€4,156
new in 2025: €4,156
- Gross operating margin +€28,817
up €28,817 (+22.2%), from €129,772 to €158,589
- Depreciation +€12,175
up €12,175 (+13.7%), from €88,606 to €100,781
- Taxes +€4,156
new in 2025: €4,156
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 | €347,481 | €341,721 | -€5,760 | -1.7% |
| Fixed assets | 21/28 | €289,340 | €294,005 | +€4,666 | +1.6% |
| Tangible fixed assets | 22/27 | €289,340 | €294,005 | +€4,666 | +1.6% |
| Plant, machinery and equipment | 23 | €9,894 | €8,709 | -€1,185 | -12.0% |
| Furniture and vehicles | 24 | €51,348 | €29,221 | -€22,128 | -43.1% |
| Other tangible fixed assets | 26 | €228,098 | €256,076 | +€27,978 | +12.3% |
| Current assets | 29/58 | €58,142 | €47,716 | -€10,426 | -17.9% |
| Amounts receivable within one year | 40/41 | €55,983 | €45,416 | -€10,566 | -18.9% |
| Trade receivables | 40 | €52,306 | €2,085 | -€50,221 | -96.0% |
| Other amounts receivable | 41 | €3,677 | €43,331 | +€39,654 | +1078.4% |
| Cash at bank and in hand | 54/58 | €1,627 | €910 | -€717 | -44.1% |
| Deferred charges and accrued income | 490/1 | €532 | €1,390 | +€857 | +161.1% |
| Total equity and liabilities | 10/49 | €347,481 | €341,721 | -€5,760 | -1.7% |
| Equity | 10/15 | -€66,103 | €15,838 | +€81,942 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,103 | €13,838 | +€81,942 | |
| Amounts payable | 17/49 | €413,584 | €325,883 | -€87,702 | -21.2% |
| Amounts payable within one year | 42/48 | €413,584 | €325,883 | -€87,702 | -21.2% |
| Trade debts | 44 | €7,399 | €69,792 | +€62,393 | +843.3% |
| Suppliers | 440/4 | €7,399 | €69,792 | +€62,393 | +843.3% |
| Taxes, remuneration and social security | 45 | - | €4,156 | +€4,156 | |
| Taxes | 450/3 | - | €4,156 | +€4,156 | |
| Other amounts payable | 47/48 | €406,185 | €251,934 | -€154,251 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,606 | €100,781 | +€12,175 | +13.7% |
| Other operating charges | 640/8 | €453 | €400 | -€53 | -11.8% |
| Gross operating margin | 9900 | €129,772 | €158,589 | +€28,817 | +22.2% |
| Operating profit (loss) | 9901 | €40,712 | €57,408 | +€16,695 | +41.0% |
| Financial income | 75/76B | €14 | €8 | -€7 | -45.7% |
| Recurring financial income | 75 | €14 | €8 | -€7 | -45.7% |
| Financial charges | 65/66B | €882 | €1,317 | +€435 | +49.4% |
| Recurring financial charges | 65 | €882 | €1,317 | +€435 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €39,845 | €56,098 | +€16,253 | +40.8% |
| Income taxes | 67/77 | - | €4,156 | +€4,156 | |
| Profit (loss) for the period | 9904 | €39,845 | €51,942 | +€12,097 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,845 | €51,942 | +€12,097 | +30.4% |
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.