INTERVEST BERINGEN: 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.
INTERVEST BERINGEN
Largest movements
- Tangible fixed assets +€9.6m
up €9.6m (+10.0%), from €96.4m to €106.1m
of which Land and buildings: +€33.7m
- Receivables within one year -€4.9m
down €4.9m (-72.8%), from €6.7m to €1.8m
of which Trade receivables: -€5.0m
- Cash +€1.8m
up €1.8m (+122%), from €1.4m to €3.2m
mainly Debts after one year (+€47.2m) and Contributions, distributions and other (+€26.1m)
- Deferred charges and accrued income +€1.1m
up €1.1m (+541%), from €211,382 to €1.4m
- Other debts -€48.8m
no longer reported in 2025 (was €48.8m)
- Debts after one year +€47.2m
up €47.2m (+112%), from €42.0m to €89.2m
- Contributions +€26.6m
up €26.6m (+43,182%), from €61,500 to €26.6m
- Trade debts -€13.2m
down €13.2m (-98.1%), from €13.4m to €249,482
- Profit (loss) carried forward -€3.5m
down €3.5m (-290%), from -€1.2m to -€4.7m
- Financial charges +€1.2m
up €1.2m (+37.9%), from €3.1m to €4.3m
- Depreciation +€1.1m
up €1.1m (+46.7%), from €2.4m to €3.5m
- Gross operating margin +€361,531
up €361,531 (+8.2%), from €4.4m to €4.8m
- Other operating charges -€84,005
down €84,005 (-90.2%), from €93,168 to €9,163
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 | €104,816,243 | €112,469,075 | +€7.7m | +7.3% |
| Formation expenses | 20 | - | €10,315 | +€10,315 | |
| Fixed assets | 21/28 | €96,433,120 | €106,077,014 | +€9.6m | +10.0% |
| Tangible fixed assets | 22/27 | €96,433,120 | €106,077,014 | +€9.6m | +10.0% |
| Land and buildings | 22 | €72,340,687 | €106,058,927 | +€33.7m | +46.6% |
| Plant, machinery and equipment | 23 | €3,298,842 | €10,410 | -€3.3m | -99.7% |
| Other tangible fixed assets | 26 | - | €7,677 | +€7,677 | |
| Assets under construction and advance payments | 27 | €20,793,591 | - | -€20.8m | |
| Current assets | 29/58 | €8,383,123 | €6,381,746 | -€2.0m | -23.9% |
| Amounts receivable within one year | 40/41 | €6,735,799 | €1,832,122 | -€4.9m | -72.8% |
| Trade receivables | 40 | €6,496,267 | €1,460,383 | -€5.0m | -77.5% |
| Other amounts receivable | 41 | €239,532 | €371,739 | +€132,207 | +55.2% |
| Cash at bank and in hand | 54/58 | €1,435,942 | €3,194,652 | +€1.8m | +122% |
| Deferred charges and accrued income | 490/1 | €211,382 | €1,354,972 | +€1.1m | +541% |
| Total equity and liabilities | 10/49 | €104,816,243 | €112,469,075 | +€7.7m | +7.3% |
| Equity | 10/15 | -€1,138,427 | €21,931,812 | +€23.1m | |
| Contributions | 10/11 | €61,500 | €26,618,296 | +€26.6m | +43,182% |
| Capital | 10 | €61,500 | €26,618,296 | +€26.6m | +43,182% |
| Issued capital | 100 | €61,500 | €26,618,296 | +€26.6m | +43,182% |
| Reserves | 13 | €2,121 | €2,011 | -€111 | -5.2% |
| Non-distributable reserves | 130/1 | €2,121 | €2,011 | -€111 | -5.2% |
| Legal reserve | 130 | €2,121 | €2,011 | -€111 | -5.2% |
| Profit (loss) carried forward | 14 | -€1,202,048 | -€4,688,495 | -€3.5m | -290% |
| Amounts payable | 17/49 | €105,954,670 | €90,537,263 | -€15.4m | -14.6% |
| Amounts payable after more than one year | 17 | €41,982,368 | €89,150,000 | +€47.2m | +112% |
| Financial debts | 170/4 | €41,982,368 | €89,150,000 | +€47.2m | +112% |
| Amounts payable within one year | 42/48 | €63,119,594 | €249,482 | -€62.9m | -99.6% |
| Current portion of amounts payable after more than one year | 42 | €575,000 | - | -€575,000 | |
| Trade debts | 44 | €13,400,121 | €249,482 | -€13.2m | -98.1% |
| Suppliers | 440/4 | €13,400,121 | €249,482 | -€13.2m | -98.1% |
| Taxes, remuneration and social security | 45 | €335,077 | - | -€335,077 | |
| Taxes | 450/3 | €335,077 | - | -€335,077 | |
| Other amounts payable | 47/48 | €48,809,396 | - | -€48.8m | |
| Accrued charges and deferred income | 492/3 | €852,709 | €1,137,781 | +€285,072 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,374,563 | €3,483,294 | +€1.1m | +46.7% |
| Other operating charges | 640/8 | €93,168 | €9,163 | -€84,005 | -90.2% |
| Non-recurring operating charges | 66A | €4,800 | - | -€4,800 | |
| Gross operating margin | 9900 | €4,408,760 | €4,770,290 | +€361,531 | +8.2% |
| Operating profit (loss) | 9901 | €1,936,229 | €1,277,834 | -€658,395 | -34.0% |
| Financial charges | 65/66B | €3,093,460 | €4,266,264 | +€1.2m | +37.9% |
| Recurring financial charges | 65 | €3,093,460 | €4,266,264 | +€1.2m | +37.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,157,230 | -€2,988,430 | -€1.8m | -158% |
| Profit (loss) for the period | 9904 | -€1,157,230 | -€2,988,430 | -€1.8m | -158% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,157,230 | -€2,988,430 | -€1.8m | -158% |
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 13 October 2026 via checked.be.