FRANCOIS VAN DEN BERGH: what changed
FRANCOIS VAN DEN BERGH
Largest movements
- Tangible fixed assets +€68,987
up €68,987 (+708%), from €9,747 to €78,734
of which Leasing and similar rights: +€70,057
- Cash -€16,129
down €16,129 (-61.0%), from €26,454 to €10,325
mainly Investment in fixed assets (net) (-€82,729) and Receivables within one year (-€14,563)
- Receivables within one year +€14,563
up €14,563 (+70.4%), from €20,697 to €35,260
of which Trade receivables: +€10,496
- Debts after one year +€40,804
new in 2025: €40,804
- Current portion of long-term debt +€14,365
up €14,365, from €0 to €14,365
- Trade debts +€7,932
up €7,932 (+71.5%), from €11,097 to €19,029
- Profit (loss) carried forward +€3,269
up €3,269 (+14.8%), from -€22,066 to -€18,798
- Gross operating margin -€28,822
down €28,822 (-57.8%), from €49,839 to €21,017
- Staff costs -€3,221
down €3,221 (-100%), from €3,221 to €0
- Depreciation +€1,298
up €1,298 (+10.4%), from €12,444 to €13,742
- Other operating charges +€838
up €838 (+46.0%), from €1,822 to €2,660
- Financial charges +€607
up €607 (+91.8%), from €662 to €1,269
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,898 | €150,499 | +€67,601 | +81.5% |
| Fixed assets | 21/28 | €10,747 | €79,734 | +€68,987 | +642% |
| Tangible fixed assets | 22/27 | €9,747 | €78,734 | +€68,987 | +708% |
| Plant, machinery and equipment | 23 | €2,351 | €1,337 | -€1,014 | -43.1% |
| Furniture and vehicles | 24 | €7,396 | €7,339 | -€57 | -0.8% |
| Leasing and similar rights | 25 | - | €70,057 | +€70,057 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €72,151 | €70,765 | -€1,386 | -1.9% |
| Stocks and contracts in progress | 3 | €25,000 | €25,000 | = | 0.0% |
| Stocks | 30/36 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,697 | €35,260 | +€14,563 | +70.4% |
| Trade receivables | 40 | €15,867 | €26,363 | +€10,496 | +66.1% |
| Other amounts receivable | 41 | €4,829 | €8,897 | +€4,068 | +84.2% |
| Cash at bank and in hand | 54/58 | €26,454 | €10,325 | -€16,129 | -61.0% |
| Deferred charges and accrued income | 490/1 | - | €180 | +€180 | |
| Total equity and liabilities | 10/49 | €82,898 | €150,499 | +€67,601 | +81.5% |
| Equity | 10/15 | -€3,474 | -€206 | +€3,269 | +94.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,066 | -€18,798 | +€3,269 | +14.8% |
| Amounts payable | 17/49 | €86,372 | €150,704 | +€64,332 | +74.5% |
| Amounts payable after more than one year | 17 | - | €40,804 | +€40,804 | |
| Financial debts | 170/4 | - | €40,804 | +€40,804 | |
| Amounts payable within one year | 42/48 | €86,372 | €109,900 | +€23,528 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €14,365 | +€14,365 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,097 | €19,029 | +€7,932 | +71.5% |
| Suppliers | 440/4 | €11,097 | €19,029 | +€7,932 | +71.5% |
| Taxes, remuneration and social security | 45 | €154 | €0 | -€154 | -100% |
| Taxes | 450/3 | €154 | €0 | -€154 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €75,121 | €76,506 | +€1,385 | +1.8% |
| Non-recurring operating income | 76A | - | €31,735 | +€31,735 | |
| Remuneration, social security and pensions | 62 | €3,221 | €0 | -€3,221 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,444 | €13,742 | +€1,298 | +10.4% |
| Other operating charges | 640/8 | €1,822 | €2,660 | +€838 | +46.0% |
| Gross operating margin | 9900 | €49,839 | €21,017 | -€28,822 | -57.8% |
| Operating profit (loss) | 9901 | €32,352 | €4,615 | -€27,737 | -85.7% |
| Financial income | 75/76B | €193 | €54 | -€139 | -72.2% |
| Recurring financial income | 75 | €193 | €54 | -€139 | -72.2% |
| Financial charges | 65/66B | €662 | €1,269 | +€607 | +91.8% |
| Recurring financial charges | 65 | €662 | €1,269 | +€607 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | €31,884 | €3,401 | -€28,483 | -89.3% |
| Income taxes | 67/77 | €154 | €132 | -€22 | -14.3% |
| Profit (loss) for the period | 9904 | €31,730 | €3,269 | -€28,461 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,730 | €3,269 | -€28,461 | -89.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.