Van den 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.
Van den Berg
Largest movements
- Cash +€83,058
up €83,058 (+73.1%), from €113,568 to €196,625
mainly Net result for the year (+€64,758) and Tax, wage and social debts (+€27,479)
- Tangible fixed assets +€15,621
up €15,621 (+38.6%), from €40,451 to €56,073
of which Furniture and vehicles: +€15,803
- Receivables within one year +€5,230
up €5,230 (+49.3%), from €10,599 to €15,829
of which Trade receivables: +€8,957
- Deferred charges and accrued income -€2,871
no longer reported in 2025 (was €2,871)
- Reserves +€64,758
up €64,758 (+55.6%), from €116,373 to €181,131
- Tax, wage and social debts +€27,479
up €27,479 (+61.2%), from €44,891 to €72,369
of which Taxes: +€27,316
- Trade debts +€8,801
up €8,801 (+173.4%), from €5,075 to €13,876
- Gross operating margin +€41,682
up €41,682 (+44.2%), from €94,381 to €136,062
- Taxes +€10,919
up €10,919 (+51.4%), from €21,260 to €32,179
- Other operating charges +€1,462
up €1,462 (+164.1%), from €891 to €2,352
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 | €167,739 | €268,777 | +€101,038 | +60.2% |
| Fixed assets | 21/28 | €40,701 | €56,323 | +€15,621 | +38.4% |
| Tangible fixed assets | 22/27 | €40,451 | €56,073 | +€15,621 | +38.6% |
| Plant, machinery and equipment | 23 | €5,490 | €6,248 | +€758 | +13.8% |
| Furniture and vehicles | 24 | €9,429 | €25,233 | +€15,803 | +167.6% |
| Other tangible fixed assets | 26 | €25,532 | €24,592 | -€940 | -3.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €127,037 | €212,454 | +€85,417 | +67.2% |
| Amounts receivable within one year | 40/41 | €10,599 | €15,829 | +€5,230 | +49.3% |
| Trade receivables | 40 | €4,069 | €13,026 | +€8,957 | +220.1% |
| Other amounts receivable | 41 | €6,529 | €2,803 | -€3,727 | -57.1% |
| Cash at bank and in hand | 54/58 | €113,568 | €196,625 | +€83,058 | +73.1% |
| Deferred charges and accrued income | 490/1 | €2,871 | - | -€2,871 | |
| Total equity and liabilities | 10/49 | €167,739 | €268,777 | +€101,038 | +60.2% |
| Equity | 10/15 | €117,773 | €182,531 | +€64,758 | +55.0% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €116,373 | €181,131 | +€64,758 | +55.6% |
| Distributable reserves | 133 | €116,373 | €181,131 | +€64,758 | +55.6% |
| Amounts payable | 17/49 | €49,966 | €86,246 | +€36,280 | +72.6% |
| Amounts payable within one year | 42/48 | €49,966 | €86,246 | +€36,280 | +72.6% |
| Trade debts | 44 | €5,075 | €13,876 | +€8,801 | +173.4% |
| Suppliers | 440/4 | €5,075 | €13,876 | +€8,801 | +173.4% |
| Taxes, remuneration and social security | 45 | €44,891 | €72,369 | +€27,479 | +61.2% |
| Taxes | 450/3 | €39,716 | €67,032 | +€27,316 | +68.8% |
| Remuneration and social security | 454/9 | €5,175 | €5,337 | +€163 | +3.1% |
| Remuneration, social security and pensions | 62 | €28,259 | €28,264 | +€5 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,860 | €8,856 | -€3 | 0.0% |
| Other operating charges | 640/8 | €891 | €2,352 | +€1,462 | +164.1% |
| Gross operating margin | 9900 | €94,381 | €136,062 | +€41,682 | +44.2% |
| Operating profit (loss) | 9901 | €56,371 | €96,589 | +€40,218 | +71.3% |
| Financial income | 75/76B | €0 | €1,012 | +€1,012 | +1264375.0% |
| Recurring financial income | 75 | €0 | €1,012 | +€1,012 | +1264375.0% |
| Financial charges | 65/66B | -€328 | €664 | +€992 | |
| Recurring financial charges | 65 | -€328 | €664 | +€992 | |
| Profit (loss) for the period before taxes | 9903 | €56,700 | €96,937 | +€40,237 | +71.0% |
| Income taxes | 67/77 | €21,260 | €32,179 | +€10,919 | +51.4% |
| Profit (loss) for the period | 9904 | €35,439 | €64,758 | +€29,319 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,439 | €64,758 | +€29,319 | +82.7% |
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 10 October 2026 via checked.be.