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
- Receivables within one year -€73,691
down €73,691 (-70.5%), from €104,507 to €30,817
of which Trade receivables: -€75,692
- Receivables after one year -€19,043
down €19,043 (-28.1%), from €67,693 to €48,650
- Current investments -€17,907
down €17,907 (-17.7%), from €101,265 to €83,358
- Other debts -€139,197
down €139,197 (-100%), from €139,197 to €0
- Tax, wage and social debts +€19,712
up €19,712 (+1,188%), from €1,659 to €21,371
- Reserves +€14,721
up €14,721 (+12.3%), from €119,501 to €134,222
of which Distributable reserves: +€14,721
- Trade debts -€7,097
down €7,097 (-87.5%), from €8,111 to €1,014
- Gross operating margin -€81,222
down €81,222 (-69.2%), from €117,351 to €36,129
- Taxes +€1,329
up €1,329 (+11.0%), from €12,098 to €13,427
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 | €287,068 | €175,207 | -€111,861 | -39.0% |
| Fixed assets | 21/28 | €12,918 | €9,525 | -€3,394 | -26.3% |
| Tangible fixed assets | 22/27 | €9,293 | €7,400 | -€1,894 | -20.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €4,087 | €1,280 | -€2,807 | -68.7% |
| Furniture and vehicles | 24 | €5,206 | €6,120 | +€914 | +17.5% |
| Financial fixed assets | 28 | €3,625 | €2,125 | -€1,500 | -41.4% |
| Current assets | 29/58 | €274,150 | €165,683 | -€108,467 | -39.6% |
| Amounts receivable after more than one year | 29 | €67,693 | €48,650 | -€19,043 | -28.1% |
| Other amounts receivable | 291 | €67,693 | €48,650 | -€19,043 | -28.1% |
| Amounts receivable within one year | 40/41 | €104,507 | €30,817 | -€73,691 | -70.5% |
| Trade receivables | 40 | €102,921 | €27,229 | -€75,692 | -73.5% |
| Other amounts receivable | 41 | €1,586 | €3,588 | +€2,002 | +126% |
| Current investments | 50/53 | €101,265 | €83,358 | -€17,907 | -17.7% |
| Cash at bank and in hand | 54/58 | €685 | €2,858 | +€2,173 | +317% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €287,068 | €175,207 | -€111,861 | -39.0% |
| Equity | 10/15 | €138,101 | €152,822 | +€14,721 | +10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,501 | €134,222 | +€14,721 | +12.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,200 | €2,200 | = | 0.0% |
| Distributable reserves | 133 | €115,441 | €130,162 | +€14,721 | +12.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €148,968 | €22,386 | -€126,582 | -85.0% |
| Amounts payable within one year | 42/48 | €148,968 | €22,386 | -€126,582 | -85.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,111 | €1,014 | -€7,097 | -87.5% |
| Suppliers | 440/4 | €8,111 | €1,014 | -€7,097 | -87.5% |
| Taxes, remuneration and social security | 45 | €1,659 | €21,371 | +€19,712 | +1,188% |
| Taxes | 450/3 | €1,659 | €21,371 | +€19,712 | +1,188% |
| Other amounts payable | 47/48 | €139,197 | €0 | -€139,197 | -100% |
| Non-recurring operating income | 76A | €78,939 | €0 | -€78,939 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,154 | €6,548 | +€394 | +6.4% |
| Other operating charges | 640/8 | €1,766 | €2,729 | +€962 | +54.5% |
| Non-recurring operating charges | 66A | €78,939 | €0 | -€78,939 | -100% |
| Gross operating margin | 9900 | €117,351 | €36,129 | -€81,222 | -69.2% |
| Operating profit (loss) | 9901 | €30,492 | €26,853 | -€3,639 | -11.9% |
| Financial income | 75/76B | €2,142 | €2,071 | -€71 | -3.3% |
| Recurring financial income | 75 | €2,142 | €2,071 | -€71 | -3.3% |
| Financial charges | 65/66B | €733 | €776 | +€43 | +5.9% |
| Recurring financial charges | 65 | €733 | €776 | +€43 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €31,901 | €28,148 | -€3,753 | -11.8% |
| Income taxes | 67/77 | €12,098 | €13,427 | +€1,329 | +11.0% |
| Profit (loss) for the period | 9904 | €19,803 | €14,721 | -€5,082 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,803 | €14,721 | -€5,082 | -25.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.