LE BERGER: 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.
LE BERGER
Largest movements
- Receivables within one year +€13,234
up €13,234 (+244.5%), from €5,413 to €18,647
of which Trade receivables: +€13,229
- Tangible fixed assets +€11,466
up €11,466 (+61.8%), from €18,561 to €30,027
of which Plant, machinery and equipment: +€12,973
- Debts after one year -€30,354
down €30,354 (-25.6%), from €118,787 to €88,433
- Profit (loss) carried forward +€22,128
up €22,128 (+31.6%), from €69,917 to €92,045
- Other debts +€12,335
up €12,335 (+12.8%), from €96,047 to €108,382
- Tax, wage and social debts +€8,676
up €8,676 (+40.3%), from €21,511 to €30,186
of which Taxes: +€7,768
- Trade debts +€8,315
up €8,315 (+74.6%), from €11,148 to €19,463
- Purchases and services -€185,945
no longer reported in 2025 (was €185,945)
- Gross operating margin -€18,774
down €18,774 (-19.5%), from €96,408 to €77,634
- Staff costs -€5,842
down €5,842 (-27.9%), from €20,969 to €15,127
- Other operating charges -€4,528
down €4,528 (-26.4%), from €17,152 to €12,625
- Taxes -€2,185
down €2,185 (-15.0%), from €14,587 to €12,403
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 | €431,062 | €453,238 | +€22,177 | +5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €412,449 | €423,915 | +€11,466 | +2.8% |
| Tangible fixed assets | 22/27 | €18,561 | €30,027 | +€11,466 | +61.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €1,474 | €14,447 | +€12,973 | +880.0% |
| Furniture and vehicles | 24 | €16,606 | €15,461 | -€1,146 | -6.9% |
| Other tangible fixed assets | 26 | €480 | €119 | -€361 | -75.3% |
| Financial fixed assets | 28 | €393,888 | €393,888 | = | 0.0% |
| Current assets | 29/58 | €18,613 | €29,323 | +€10,711 | +57.5% |
| Stocks and contracts in progress | 3 | €2,076 | €1,931 | -€144 | -7.0% |
| Stocks | 30/36 | €2,076 | €1,931 | -€144 | -7.0% |
| Amounts receivable within one year | 40/41 | €5,413 | €18,647 | +€13,234 | +244.5% |
| Trade receivables | 40 | €5,130 | €18,359 | +€13,229 | +257.9% |
| Other amounts receivable | 41 | €283 | €288 | +€5 | +1.7% |
| Cash at bank and in hand | 54/58 | €9,615 | €6,678 | -€2,938 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,509 | €2,067 | +€559 | +37.0% |
| Total equity and liabilities | 10/49 | €431,062 | €453,238 | +€22,177 | +5.1% |
| Equity | 10/15 | €135,636 | €157,764 | +€22,128 | +16.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Legal reserve | 130 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,917 | €92,045 | +€22,128 | +31.6% |
| Amounts payable | 17/49 | €295,426 | €295,475 | +€49 | 0.0% |
| Amounts payable after more than one year | 17 | €118,787 | €88,433 | -€30,354 | -25.6% |
| Financial debts | 170/4 | €118,787 | €88,433 | -€30,354 | -25.6% |
| Amounts payable within one year | 42/48 | €164,032 | €191,210 | +€27,178 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €35,326 | €33,179 | -€2,147 | -6.1% |
| Trade debts | 44 | €11,148 | €19,463 | +€8,315 | +74.6% |
| Suppliers | 440/4 | €11,148 | €19,463 | +€8,315 | +74.6% |
| Taxes, remuneration and social security | 45 | €21,511 | €30,186 | +€8,676 | +40.3% |
| Taxes | 450/3 | €19,623 | €27,391 | +€7,768 | +39.6% |
| Remuneration and social security | 454/9 | €1,887 | €2,795 | +€907 | +48.1% |
| Other amounts payable | 47/48 | €96,047 | €108,382 | +€12,335 | +12.8% |
| Accrued charges and deferred income | 492/3 | €12,607 | €15,832 | +€3,225 | +25.6% |
| Non-recurring operating income | 76A | €881 | €2 | -€879 | -99.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €185,945 | - | -€185,945 | |
| Remuneration, social security and pensions | 62 | €20,969 | €15,127 | -€5,842 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,844 | €9,395 | +€1,551 | +19.8% |
| Other operating charges | 640/8 | €17,152 | €12,625 | -€4,528 | -26.4% |
| Non-recurring operating charges | 66A | €14 | €0 | -€14 | -99.9% |
| Gross operating margin | 9900 | €96,408 | €77,634 | -€18,774 | -19.5% |
| Operating profit (loss) | 9901 | €50,428 | €40,487 | -€9,942 | -19.7% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €4,047 | €5,971 | +€1,923 | +47.5% |
| Recurring financial charges | 65 | €4,047 | €5,971 | +€1,923 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €46,381 | €34,531 | -€11,850 | -25.6% |
| Income taxes | 67/77 | €14,587 | €12,403 | -€2,185 | -15.0% |
| Profit (loss) for the period | 9904 | €31,793 | €22,128 | -€9,666 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,793 | €22,128 | -€9,666 | -30.4% |
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 12 October 2026 via checked.be.