Van Berckelaer: what changed
Two fiscal 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.
Van Berckelaer
Largest movements
- Tangible fixed assets -€44,119
down €44,119 (-13.9%), from €317,285 to €273,166
of which Furniture and vehicles: -€29,108
- Cash +€14,919
up €14,919 (+30.1%), from €49,604 to €64,523
mainly Depreciation (+€46,919) and Net result for the year (+€19,338)
- Debts after one year -€43,292
down €43,292 (-45.4%), from €95,257 to €51,965
- Reserves +€19,338
up €19,338 (+10.4%), from €185,390 to €204,728
of which Distributable reserves: +€19,338
- Tax, wage and social debts -€9,534
down €9,534 (-62.5%), from €15,267 to €5,732
- Gross operating margin -€13,593
down €13,593 (-12.9%), from €105,131 to €91,538
- Depreciation +€1,435
up €1,435 (+3.2%), from €45,484 to €46,919
- Financial charges -€1,089
down €1,089 (-22.2%), from €4,916 to €3,827
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 | €382,444 | €349,603 | -€32,841 | -8.6% |
| Fixed assets | 21/28 | €317,555 | €273,481 | -€44,074 | -13.9% |
| Tangible fixed assets | 22/27 | €317,285 | €273,166 | -€44,119 | -13.9% |
| Land and buildings | 22 | €236,204 | €221,800 | -€14,404 | -6.1% |
| Plant, machinery and equipment | 23 | €5,556 | €4,949 | -€607 | -10.9% |
| Furniture and vehicles | 24 | €75,525 | €46,417 | -€29,108 | -38.5% |
| Financial fixed assets | 28 | €270 | €315 | +€45 | +16.7% |
| Current assets | 29/58 | €64,889 | €76,122 | +€11,233 | +17.3% |
| Amounts receivable within one year | 40/41 | €15,285 | €11,599 | -€3,685 | -24.1% |
| Trade receivables | 40 | €15,285 | €11,279 | -€4,005 | -26.2% |
| Other amounts receivable | 41 | - | €320 | +€320 | |
| Cash at bank and in hand | 54/58 | €49,604 | €64,523 | +€14,919 | +30.1% |
| Total equity and liabilities | 10/49 | €382,444 | €349,603 | -€32,841 | -8.6% |
| Equity | 10/15 | €191,590 | €210,928 | +€19,338 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €185,390 | €204,728 | +€19,338 | +10.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,700 | €16,700 | = | 0.0% |
| Distributable reserves | 133 | €166,831 | €186,169 | +€19,338 | +11.6% |
| Amounts payable | 17/49 | €190,854 | €138,675 | -€52,178 | -27.3% |
| Amounts payable after more than one year | 17 | €95,257 | €51,965 | -€43,292 | -45.4% |
| Financial debts | 170/4 | €95,257 | €51,965 | -€43,292 | -45.4% |
| Amounts payable within one year | 42/48 | €95,596 | €86,710 | -€8,887 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €42,840 | €43,292 | +€452 | +1.1% |
| Trade debts | 44 | €1,038 | €3,123 | +€2,084 | +200.8% |
| Suppliers | 440/4 | €1,038 | €3,123 | +€2,084 | +200.8% |
| Taxes, remuneration and social security | 45 | €15,267 | €5,732 | -€9,534 | -62.5% |
| Taxes | 450/3 | €15,267 | €5,732 | -€9,534 | -62.5% |
| Other amounts payable | 47/48 | €36,451 | €34,563 | -€1,888 | -5.2% |
| Non-recurring operating income | 76A | €1,570 | €12,265 | +€10,695 | +681.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,484 | €46,919 | +€1,435 | +3.2% |
| Other operating charges | 640/8 | €15,373 | €14,439 | -€933 | -6.1% |
| Gross operating margin | 9900 | €105,131 | €91,538 | -€13,593 | -12.9% |
| Operating profit (loss) | 9901 | €44,274 | €30,180 | -€14,094 | -31.8% |
| Financial income | 75/76B | €23 | €200 | +€177 | +756.8% |
| Recurring financial income | 75 | €23 | €200 | +€177 | +756.8% |
| Financial charges | 65/66B | €4,916 | €3,827 | -€1,089 | -22.2% |
| Recurring financial charges | 65 | €4,916 | €3,827 | -€1,089 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €39,382 | €26,553 | -€12,829 | -32.6% |
| Income taxes | 67/77 | €7,797 | €7,215 | -€582 | -7.5% |
| Profit (loss) for the period | 9904 | €31,585 | €19,338 | -€12,247 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,585 | €19,338 | -€12,247 | -38.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.