VAN DEN BERGHE: 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 BERGHE
Largest movements
- Cash +€20,714
up €20,714 (+20.4%), from €101,475 to €122,190
mainly Net result for the year (+€22,553) and Tax, wage and social debts (+€3,230)
- Deferred charges and accrued income +€2,521
up €2,521 (+96.2%), from €2,621 to €5,142
- Reserves +€22,553
up €22,553 (+16.5%), from €136,751 to €159,304
- Trade debts -€5,841
down €5,841 (-48.0%), from €12,176 to €6,335
- Tax, wage and social debts +€3,230
up €3,230 (+62.3%), from €5,187 to €8,417
- Accrued charges and deferred income +€2,500
new in 2025: €2,500
- Gross operating margin -€8,989
down €8,989 (-19.7%), from €45,620 to €36,630
- Depreciation -€8,559
down €8,559 (-90.8%), from €9,423 to €864
- Taxes +€3,201
up €3,201 (+61.7%), from €5,187 to €8,388
- Financial income -€2,277
down €2,277 (-100.0%), from €2,277 to €0
- Other operating charges -€515
down €515 (-10.0%), from €5,153 to €4,638
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 | €189,569 | €211,817 | +€22,248 | +11.7% |
| Fixed assets | 21/28 | €57,128 | €56,262 | -€866 | -1.5% |
| Tangible fixed assets | 22/27 | €57,128 | €56,262 | -€866 | -1.5% |
| Land and buildings | 22 | €57,128 | €56,262 | -€866 | -1.5% |
| Current assets | 29/58 | €132,441 | €155,554 | +€23,114 | +17.5% |
| Stocks and contracts in progress | 3 | €6,145 | €6,145 | = | 0.0% |
| Stocks | 30/36 | €6,145 | €6,145 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,199 | €22,077 | -€122 | -0.5% |
| Trade receivables | 40 | €21,285 | €20,533 | -€753 | -3.5% |
| Other amounts receivable | 41 | €914 | €1,545 | +€631 | +69.0% |
| Cash at bank and in hand | 54/58 | €101,475 | €122,190 | +€20,714 | +20.4% |
| Deferred charges and accrued income | 490/1 | €2,621 | €5,142 | +€2,521 | +96.2% |
| Total equity and liabilities | 10/49 | €189,569 | €211,817 | +€22,248 | +11.7% |
| Equity | 10/15 | €159,061 | €181,614 | +€22,553 | +14.2% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €136,751 | €159,304 | +€22,553 | +16.5% |
| Distributable reserves | 133 | €136,751 | €159,304 | +€22,553 | +16.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,508 | €30,202 | -€306 | -1.0% |
| Amounts payable within one year | 42/48 | €30,508 | €27,702 | -€2,806 | -9.2% |
| Trade debts | 44 | €12,176 | €6,335 | -€5,841 | -48.0% |
| Suppliers | 440/4 | €12,176 | €6,335 | -€5,841 | -48.0% |
| Taxes, remuneration and social security | 45 | €5,187 | €8,417 | +€3,230 | +62.3% |
| Taxes | 450/3 | €5,187 | €8,417 | +€3,230 | +62.3% |
| Other amounts payable | 47/48 | €13,144 | €12,950 | -€195 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Non-recurring operating income | 76A | €7,000 | - | -€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,423 | €864 | -€8,559 | -90.8% |
| Other operating charges | 640/8 | €5,153 | €4,638 | -€515 | -10.0% |
| Gross operating margin | 9900 | €45,620 | €36,630 | -€8,989 | -19.7% |
| Operating profit (loss) | 9901 | €31,044 | €31,129 | +€85 | +0.3% |
| Financial income | 75/76B | €2,277 | €0 | -€2,277 | -100.0% |
| Recurring financial income | 75 | €2,277 | €0 | -€2,277 | -100.0% |
| Financial charges | 65/66B | €129 | €187 | +€59 | +45.5% |
| Recurring financial charges | 65 | €129 | €187 | +€59 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €33,192 | €30,942 | -€2,250 | -6.8% |
| Income taxes | 67/77 | €5,187 | €8,388 | +€3,201 | +61.7% |
| Profit (loss) for the period | 9904 | €28,004 | €22,553 | -€5,451 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,004 | €22,553 | -€5,451 | -19.5% |
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 22 October 2026 via checked.be.