JO BERGHS: 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.
JO BERGHS
Largest movements
- Tangible fixed assets -€21,241
down €21,241 (-38.4%), from €55,318 to €34,077
of which Furniture and vehicles: -€19,919
- Cash +€20,579
up €20,579 (+84.6%), from €24,337 to €44,917
mainly Net result for the year (+€43,559) and Other debts (+€25,434)
- Receivables within one year +€4,706
up €4,706 (+34.0%), from €13,855 to €18,561
- Deferred charges and accrued income -€1,655
down €1,655 (-42.4%), from €3,904 to €2,248
- Other debts +€25,434
up €25,434 (+349.4%), from €7,280 to €32,715
- Debts after one year -€19,254
down €19,254 (-59.5%), from €32,370 to €13,116
- Reserves -€18,206
no longer reported in 2025 (was €18,206)
- Profit (loss) carried forward +€10,844
no longer reported in 2025 (was -€10,844)
- Tax, wage and social debts +€4,991
up €4,991 (+75.1%), from €6,649 to €11,640
- Gross operating margin +€70,322
up €70,322 (+360.6%), from €19,501 to €89,823
- Taxes +€20,154
up €20,154 (+843.0%), from €2,391 to €22,545
- Depreciation -€1,447
down €1,447 (-6.4%), from €22,688 to €21,241
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 | €97,414 | €99,803 | +€2,388 | +2.5% |
| Fixed assets | 21/28 | €55,318 | €34,077 | -€21,241 | -38.4% |
| Tangible fixed assets | 22/27 | €55,318 | €34,077 | -€21,241 | -38.4% |
| Land and buildings | 22 | €3,574 | €2,253 | -€1,322 | -37.0% |
| Furniture and vehicles | 24 | €51,744 | €31,824 | -€19,919 | -38.5% |
| Current assets | 29/58 | €42,097 | €65,726 | +€23,629 | +56.1% |
| Amounts receivable within one year | 40/41 | €13,855 | €18,561 | +€4,706 | +34.0% |
| Other amounts receivable | 41 | €13,855 | €18,561 | +€4,706 | +34.0% |
| Cash at bank and in hand | 54/58 | €24,337 | €44,917 | +€20,579 | +84.6% |
| Deferred charges and accrued income | 490/1 | €3,904 | €2,248 | -€1,655 | -42.4% |
| Total equity and liabilities | 10/49 | €97,414 | €99,803 | +€2,388 | +2.5% |
| Equity | 10/15 | €25,962 | €18,600 | -€7,362 | -28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,206 | - | -€18,206 | |
| Distributable reserves | 133 | €18,206 | - | -€18,206 | |
| Profit (loss) carried forward | 14 | -€10,844 | - | +€10,844 | |
| Amounts payable | 17/49 | €71,453 | €81,203 | +€9,750 | +13.6% |
| Amounts payable after more than one year | 17 | €32,370 | €13,116 | -€19,254 | -59.5% |
| Financial debts | 170/4 | €32,370 | €13,116 | -€19,254 | -59.5% |
| Amounts payable within one year | 42/48 | €37,719 | €66,763 | +€29,044 | +77.0% |
| Current portion of amounts payable after more than one year | 42 | €20,301 | €20,836 | +€534 | +2.6% |
| Trade debts | 44 | €3,488 | €1,573 | -€1,915 | -54.9% |
| Suppliers | 440/4 | €3,488 | €1,573 | -€1,915 | -54.9% |
| Taxes, remuneration and social security | 45 | €6,649 | €11,640 | +€4,991 | +75.1% |
| Taxes | 450/3 | €6,649 | €11,640 | +€4,991 | +75.1% |
| Other amounts payable | 47/48 | €7,280 | €32,715 | +€25,434 | +349.4% |
| Accrued charges and deferred income | 492/3 | €1,364 | €1,324 | -€41 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,688 | €21,241 | -€1,447 | -6.4% |
| Other operating charges | 640/8 | €1,545 | €1,484 | -€61 | -4.0% |
| Gross operating margin | 9900 | €19,501 | €89,823 | +€70,322 | +360.6% |
| Operating profit (loss) | 9901 | -€4,732 | €67,098 | +€71,831 | |
| Financial income | 75/76B | €7 | €392 | +€384 | +5141.9% |
| Recurring financial income | 75 | €7 | €392 | +€384 | +5141.9% |
| Financial charges | 65/66B | €2,023 | €1,386 | -€637 | -31.5% |
| Recurring financial charges | 65 | €2,023 | €1,386 | -€637 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,748 | €66,104 | +€72,852 | |
| Income taxes | 67/77 | €2,391 | €22,545 | +€20,154 | +843.0% |
| Profit (loss) for the period | 9904 | -€9,139 | €43,559 | +€52,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,139 | €43,559 | +€52,698 |
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.