den BERG: 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.
den BERG
Largest movements
- Cash -€22,754
down €22,754 (-51.3%), from €44,369 to €21,616
mainly Debts after one year (-€40,000) and Investment in fixed assets (net) (-€12,256)
- Tangible fixed assets +€2,910
up €2,910 (+5.1%), from €56,598 to €59,508
of which Land and buildings: +€4,712
- Debts after one year -€40,000
down €40,000 (-9.9%), from €405,000 to €365,000
- Profit (loss) carried forward +€22,006
up €22,006 (+6.4%), from -€341,832 to -€319,825
- Depreciation -€2,513
down €2,513 (-21.2%), from €11,859 to €9,346
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 | €121,266 | €101,926 | -€19,340 | -15.9% |
| Fixed assets | 21/28 | €56,598 | €59,508 | +€2,910 | +5.1% |
| Tangible fixed assets | 22/27 | €56,598 | €59,508 | +€2,910 | +5.1% |
| Land and buildings | 22 | €47,938 | €52,650 | +€4,712 | +9.8% |
| Plant, machinery and equipment | 23 | €3,350 | €6,457 | +€3,107 | +92.8% |
| Furniture and vehicles | 24 | €5,310 | €401 | -€4,909 | -92.5% |
| Current assets | 29/58 | €64,668 | €42,419 | -€22,250 | -34.4% |
| Stocks and contracts in progress | 3 | €6,725 | €6,700 | -€25 | -0.4% |
| Stocks | 30/36 | €6,725 | €6,700 | -€25 | -0.4% |
| Amounts receivable within one year | 40/41 | €10,517 | €11,629 | +€1,111 | +10.6% |
| Trade receivables | 40 | €3,007 | €4,034 | +€1,027 | +34.1% |
| Other amounts receivable | 41 | €7,510 | €7,594 | +€84 | +1.1% |
| Cash at bank and in hand | 54/58 | €44,369 | €21,616 | -€22,754 | -51.3% |
| Deferred charges and accrued income | 490/1 | €3,057 | €2,474 | -€582 | -19.1% |
| Total equity and liabilities | 10/49 | €121,266 | €101,926 | -€19,340 | -15.9% |
| Equity | 10/15 | -€289,747 | -€267,740 | +€22,006 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,085 | €32,085 | = | 0.0% |
| Distributable reserves | 133 | €32,085 | €32,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€341,832 | -€319,825 | +€22,006 | +6.4% |
| Amounts payable | 17/49 | €411,013 | €369,667 | -€41,346 | -10.1% |
| Amounts payable after more than one year | 17 | €405,000 | €365,000 | -€40,000 | -9.9% |
| Financial debts | 170/4 | €405,000 | €365,000 | -€40,000 | -9.9% |
| Amounts payable within one year | 42/48 | €4,254 | €2,522 | -€1,733 | -40.7% |
| Trade debts | 44 | €2,015 | €1,668 | -€347 | -17.2% |
| Suppliers | 440/4 | €2,015 | €1,668 | -€347 | -17.2% |
| Taxes, remuneration and social security | 45 | €1,561 | €529 | -€1,033 | -66.1% |
| Taxes | 450/3 | €1,561 | €529 | -€1,033 | -66.1% |
| Other amounts payable | 47/48 | €678 | €325 | -€353 | -52.0% |
| Accrued charges and deferred income | 492/3 | €1,759 | €2,145 | +€386 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,859 | €9,346 | -€2,513 | -21.2% |
| Other operating charges | 640/8 | €7,428 | €7,473 | +€45 | +0.6% |
| Gross operating margin | 9900 | €38,420 | €38,702 | +€281 | +0.7% |
| Operating profit (loss) | 9901 | €19,134 | €21,883 | +€2,749 | +14.4% |
| Financial income | 75/76B | €185 | €164 | -€21 | -11.5% |
| Recurring financial income | 75 | €185 | €164 | -€21 | -11.5% |
| Financial charges | 65/66B | €45 | €40 | -€5 | -11.2% |
| Recurring financial charges | 65 | €45 | €40 | -€5 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €19,273 | €22,006 | +€2,733 | +14.2% |
| Profit (loss) for the period | 9904 | €19,273 | €22,006 | +€2,733 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,273 | €22,006 | +€2,733 | +14.2% |
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 9 October 2026 via checked.be.