VAN DEN BERGH: 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 DEN BERGH
Largest movements
- Cash +€117,455
up €117,455 (+436.7%), from €26,897 to €144,352
mainly Net result for the year (+€66,676) and Trade debts (+€41,265)
- Tangible fixed assets -€7,471
down €7,471 (-40.9%), from €18,265 to €10,794
- Stocks and contracts -€6,828
down €6,828 (-4.4%), from €153,486 to €146,658
of which Stocks: -€8,100
- Reserves +€66,676
up €66,676 (+56.6%), from €117,746 to €184,422
- Trade debts +€41,265
up €41,265 (+30.7%), from €134,307 to €175,572
- Debts after one year -€5,022
no longer reported in 2025 (was €5,022)
- Gross operating margin -€16,592
down €16,592 (-4.6%), from €362,020 to €345,429
- Taxes +€16,253
up €16,253 (+1784.3%), from €911 to €17,164
- Staff costs -€10,338
down €10,338 (-3.9%), from €261,807 to €251,469
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 | €294,404 | €395,651 | +€101,248 | +34.4% |
| Fixed assets | 21/28 | €18,265 | €10,794 | -€7,471 | -40.9% |
| Tangible fixed assets | 22/27 | €18,265 | €10,794 | -€7,471 | -40.9% |
| Furniture and vehicles | 24 | €18,265 | €10,794 | -€7,471 | -40.9% |
| Current assets | 29/58 | €276,138 | €384,857 | +€108,719 | +39.4% |
| Stocks and contracts in progress | 3 | €153,486 | €146,658 | -€6,828 | -4.4% |
| Stocks | 30/36 | €42,092 | €33,992 | -€8,100 | -19.2% |
| Contracts in progress | 37 | €111,394 | €112,666 | +€1,272 | +1.1% |
| Amounts receivable within one year | 40/41 | €90,158 | €88,173 | -€1,985 | -2.2% |
| Trade receivables | 40 | €60,414 | €30,962 | -€29,452 | -48.8% |
| Other amounts receivable | 41 | €29,745 | €57,211 | +€27,467 | +92.3% |
| Cash at bank and in hand | 54/58 | €26,897 | €144,352 | +€117,455 | +436.7% |
| Deferred charges and accrued income | 490/1 | €5,597 | €5,674 | +€78 | +1.4% |
| Total equity and liabilities | 10/49 | €294,404 | €395,651 | +€101,248 | +34.4% |
| Equity | 10/15 | €130,141 | €196,817 | +€66,676 | +51.2% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €117,746 | €184,422 | +€66,676 | +56.6% |
| Distributable reserves | 133 | €117,746 | €184,422 | +€66,676 | +56.6% |
| Amounts payable | 17/49 | €164,263 | €198,835 | +€34,572 | +21.0% |
| Amounts payable after more than one year | 17 | €5,022 | - | -€5,022 | |
| Financial debts | 170/4 | €5,022 | - | -€5,022 | |
| Amounts payable within one year | 42/48 | €159,241 | €198,835 | +€39,593 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €9,451 | €8,772 | -€679 | -7.2% |
| Trade debts | 44 | €134,307 | €175,572 | +€41,265 | +30.7% |
| Suppliers | 440/4 | €134,307 | €175,572 | +€41,265 | +30.7% |
| Taxes, remuneration and social security | 45 | €15,483 | €14,491 | -€993 | -6.4% |
| Taxes | 450/3 | €711 | - | -€711 | |
| Remuneration and social security | 454/9 | €14,773 | €14,491 | -€282 | -1.9% |
| Remuneration, social security and pensions | 62 | €261,807 | €251,469 | -€10,338 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,711 | €7,471 | -€240 | -3.1% |
| Other operating charges | 640/8 | €1,518 | €1,681 | +€164 | +10.8% |
| Non-recurring operating charges | 66A | €81,310 | - | -€81,310 | |
| Gross operating margin | 9900 | €362,020 | €345,429 | -€16,592 | -4.6% |
| Operating profit (loss) | 9901 | €9,675 | €84,807 | +€75,132 | +776.6% |
| Financial income | 75/76B | €927 | €1,413 | +€487 | +52.5% |
| Recurring financial income | 75 | €927 | €1,413 | +€487 | +52.5% |
| Financial charges | 65/66B | €2,084 | €2,380 | +€296 | +14.2% |
| Recurring financial charges | 65 | €2,084 | €2,380 | +€296 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €8,517 | €83,840 | +€75,323 | +884.4% |
| Income taxes | 67/77 | €911 | €17,164 | +€16,253 | +1784.3% |
| Profit (loss) for the period | 9904 | €7,606 | €66,676 | +€59,070 | +776.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,606 | €66,676 | +€59,070 | +776.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.