TEN 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.
TEN BERG
Largest movements
- Tangible fixed assets -€31,007
down €31,007 (-3.8%), from €813,367 to €782,360
of which Land and buildings: -€29,331
- Cash +€10,480
up €10,480 (+228%), from €4,592 to €15,073
mainly Net result for the year (+€29,094) and Depreciation (+€26,007)
- Debts after one year -€44,963
down €44,963 (-11.1%), from €404,874 to €359,912
- Profit (loss) carried forward +€29,094
up €29,094 (+31.4%), from -€92,714 to -€63,620
- Gross operating margin +€8,645
up €8,645 (+16.6%), from €52,221 to €60,866
- Financial income +€2,500
up €2,500 (+24,999,900%), from €0 to €2,500
of which Non-recurring financial income: +€2,500
- Financial charges -€1,602
down €1,602 (-34.6%), from €4,628 to €3,026
- Other operating charges -€1,178
down €1,178 (-18.4%), from €6,416 to €5,239
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 | €818,391 | €797,865 | -€20,527 | -2.5% |
| Fixed assets | 21/28 | €813,799 | €782,792 | -€31,007 | -3.8% |
| Tangible fixed assets | 22/27 | €813,367 | €782,360 | -€31,007 | -3.8% |
| Land and buildings | 22 | €792,235 | €762,904 | -€29,331 | -3.7% |
| Plant, machinery and equipment | 23 | €21,132 | €19,457 | -€1,676 | -7.9% |
| Financial fixed assets | 28 | €432 | €432 | = | 0.0% |
| Current assets | 29/58 | €4,592 | €15,073 | +€10,480 | +228% |
| Cash at bank and in hand | 54/58 | €4,592 | €15,073 | +€10,480 | +228% |
| Total equity and liabilities | 10/49 | €818,391 | €797,865 | -€20,527 | -2.5% |
| Equity | 10/15 | €254,786 | €283,880 | +€29,094 | +11.4% |
| Contributions | 10/11 | €347,500 | €347,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,714 | -€63,620 | +€29,094 | +31.4% |
| Amounts payable | 17/49 | €563,605 | €513,985 | -€49,621 | -8.8% |
| Amounts payable after more than one year | 17 | €404,874 | €359,912 | -€44,963 | -11.1% |
| Financial debts | 170/4 | €404,874 | €359,912 | -€44,963 | -11.1% |
| Amounts payable within one year | 42/48 | €157,835 | €153,123 | -€4,712 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €43,310 | €44,963 | +€1,653 | +3.8% |
| Trade debts | 44 | €383 | €604 | +€221 | +57.7% |
| Suppliers | 440/4 | €383 | €604 | +€221 | +57.7% |
| Other amounts payable | 47/48 | €114,142 | €107,556 | -€6,586 | -5.8% |
| Accrued charges and deferred income | 492/3 | €896 | €950 | +€54 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,007 | €26,007 | -€0 | 0.0% |
| Other operating charges | 640/8 | €6,416 | €5,239 | -€1,178 | -18.4% |
| Gross operating margin | 9900 | €52,221 | €60,866 | +€8,645 | +16.6% |
| Operating profit (loss) | 9901 | €19,798 | €29,620 | +€9,822 | +49.6% |
| Financial income | 75/76B | €0 | €2,500 | +€2,500 | +24,999,900% |
| Recurring financial income | 75 | €0 | €2,500 | +€2,500 | +24,999,900% |
| Non-recurring financial income | 76B | - | €2,500 | +€2,500 | |
| Financial charges | 65/66B | €4,628 | €3,026 | -€1,602 | -34.6% |
| Recurring financial charges | 65 | €4,628 | €3,026 | -€1,602 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €15,170 | €29,094 | +€13,924 | +91.8% |
| Profit (loss) for the period | 9904 | €15,170 | €29,094 | +€13,924 | +91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,170 | €29,094 | +€13,924 | +91.8% |
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.