DE BIERGRENS: what changed
Two fiscal 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.
DE BIERGRENS
Largest movements
- Cash +€141,934
up €141,934 (+64.1%), from €221,310 to €363,244
mainly Net result for the year (+€129,575) and Current investments (+€19,654)
- Current investments -€19,654
down €19,654 (-18.9%), from €104,002 to €84,349
- Reserves +€129,575
up €129,575 (+35.4%), from €366,063 to €495,639
of which Distributable reserves: +€79,055
- Trade debts +€11,261
up €11,261 (+7.7%), from €146,720 to €157,981
- Other debts -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Gross operating margin +€68,204
up €68,204 (+30.0%), from €227,264 to €295,468
- Taxes +€18,984
up €18,984 (+76.5%), from €24,801 to €43,785
- Staff costs -€9,831
down €9,831 (-8.4%), from €117,438 to €107,607
- Depreciation +€8,519
up €8,519 (+157.8%), from €5,399 to €13,919
- Financial income +€3,080
up €3,080 (+58.5%), from €5,265 to €8,344
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 | €563,794 | €691,337 | +€127,543 | +22.6% |
| Fixed assets | 21/28 | €88,069 | €86,675 | -€1,393 | -1.6% |
| Tangible fixed assets | 22/27 | €88,069 | €86,675 | -€1,393 | -1.6% |
| Plant, machinery and equipment | 23 | €1,382 | €539 | -€843 | -61.0% |
| Other tangible fixed assets | 26 | €86,687 | €86,136 | -€550 | -0.6% |
| Current assets | 29/58 | €475,726 | €604,662 | +€128,937 | +27.1% |
| Stocks and contracts in progress | 3 | €2,765 | €0 | -€2,765 | -100.0% |
| Stocks | 30/36 | €2,765 | €0 | -€2,765 | -100.0% |
| Amounts receivable within one year | 40/41 | €142,167 | €148,686 | +€6,520 | +4.6% |
| Trade receivables | 40 | €1,354 | €3,091 | +€1,737 | +128.3% |
| Other amounts receivable | 41 | €140,813 | €145,595 | +€4,782 | +3.4% |
| Current investments | 50/53 | €104,002 | €84,349 | -€19,654 | -18.9% |
| Cash at bank and in hand | 54/58 | €221,310 | €363,244 | +€141,934 | +64.1% |
| Deferred charges and accrued income | 490/1 | €5,481 | €8,383 | +€2,902 | +52.9% |
| Total equity and liabilities | 10/49 | €563,794 | €691,337 | +€127,543 | +22.6% |
| Equity | 10/15 | €384,613 | €514,189 | +€129,575 | +33.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €366,063 | €495,639 | +€129,575 | +35.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €92,620 | +€50,520 | +120.0% |
| Distributable reserves | 133 | €322,108 | €401,164 | +€79,055 | +24.5% |
| Amounts payable | 17/49 | €179,181 | €177,149 | -€2,032 | -1.1% |
| Amounts payable within one year | 42/48 | €179,181 | €177,149 | -€2,032 | -1.1% |
| Trade debts | 44 | €146,720 | €157,981 | +€11,261 | +7.7% |
| Suppliers | 440/4 | €146,720 | €157,981 | +€11,261 | +7.7% |
| Taxes, remuneration and social security | 45 | €22,461 | €19,168 | -€3,293 | -14.7% |
| Taxes | 450/3 | €9,277 | €11,271 | +€1,994 | +21.5% |
| Remuneration and social security | 454/9 | €13,184 | €7,897 | -€5,287 | -40.1% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €117,438 | €107,607 | -€9,831 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,399 | €13,919 | +€8,519 | +157.8% |
| Other operating charges | 640/8 | €1,731 | €2,289 | +€558 | +32.2% |
| Gross operating margin | 9900 | €227,264 | €295,468 | +€68,204 | +30.0% |
| Operating profit (loss) | 9901 | €102,696 | €171,653 | +€68,957 | +67.1% |
| Financial income | 75/76B | €5,265 | €8,344 | +€3,080 | +58.5% |
| Recurring financial income | 75 | €5,265 | €8,344 | +€3,080 | +58.5% |
| Financial charges | 65/66B | €6,111 | €6,637 | +€526 | +8.6% |
| Recurring financial charges | 65 | €6,111 | €6,637 | +€526 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €101,850 | €173,360 | +€71,510 | +70.2% |
| Income taxes | 67/77 | €24,801 | €43,785 | +€18,984 | +76.5% |
| Profit (loss) for the period | 9904 | €77,049 | €129,575 | +€52,526 | +68.2% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €50,520 | +€8,420 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,949 | €79,055 | +€44,106 | +126.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.