Van den Berghe Consult: 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 Consult
Largest movements
- Receivables after one year -€19,800
down €19,800 (-8.5%), from €233,357 to €213,557
- Current investments +€11,816
up €11,816 (+57.6%), from €20,529 to €32,344
- Cash -€8,525
down €8,525 (-25.1%), from €34,030 to €25,506
mainly Contributions, distributions and other (-€37,229) and Current investments (-€11,816)
- Tangible fixed assets -€5,473
down €5,473 (-10.2%), from €53,531 to €48,059
of which Land and buildings: -€3,952
- Reserves -€21,322
down €21,322 (-7.3%), from €290,979 to €269,657
of which Distributable reserves: -€21,322
- Debts after one year -€4,972
down €4,972 (-15.7%), from €31,642 to €26,671
- Gross operating margin -€17,817
down €17,817 (-34.4%), from €51,862 to €34,045
- Taxes -€5,092
down €5,092 (-41.6%), from €12,235 to €7,143
- Financial charges -€597
down €597 (-10.6%), from €5,657 to €5,060
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 | €361,255 | €335,608 | -€25,647 | -7.1% |
| Fixed assets | 21/28 | €53,531 | €48,059 | -€5,473 | -10.2% |
| Tangible fixed assets | 22/27 | €53,531 | €48,059 | -€5,473 | -10.2% |
| Land and buildings | 22 | €47,048 | €43,097 | -€3,952 | -8.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,773 | €1,252 | -€1,521 | -54.9% |
| Other tangible fixed assets | 26 | €3,710 | €3,710 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €307,724 | €287,550 | -€20,174 | -6.6% |
| Amounts receivable after more than one year | 29 | €233,357 | €213,557 | -€19,800 | -8.5% |
| Other amounts receivable | 291 | €233,357 | €213,557 | -€19,800 | -8.5% |
| Amounts receivable within one year | 40/41 | €17,640 | €14,151 | -€3,489 | -19.8% |
| Trade receivables | 40 | €15,140 | €13,367 | -€1,774 | -11.7% |
| Other amounts receivable | 41 | €2,500 | €784 | -€1,716 | -68.6% |
| Current investments | 50/53 | €20,529 | €32,344 | +€11,816 | +57.6% |
| Cash at bank and in hand | 54/58 | €34,030 | €25,506 | -€8,525 | -25.1% |
| Deferred charges and accrued income | 490/1 | €2,168 | €1,992 | -€176 | -8.1% |
| Total equity and liabilities | 10/49 | €361,255 | €335,608 | -€25,647 | -7.1% |
| Equity | 10/15 | €309,579 | €288,257 | -€21,322 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,979 | €269,657 | -€21,322 | -7.3% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Other | 1319 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €290,929 | €269,607 | -€21,322 | -7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,677 | €47,352 | -€4,325 | -8.4% |
| Amounts payable after more than one year | 17 | €31,642 | €26,671 | -€4,972 | -15.7% |
| Financial debts | 170/4 | €31,642 | €26,671 | -€4,972 | -15.7% |
| Amounts payable within one year | 42/48 | €19,026 | €16,985 | -€2,041 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €4,885 | €4,972 | +€87 | +1.8% |
| Trade debts | 44 | €3,824 | €1,783 | -€2,042 | -53.4% |
| Suppliers | 440/4 | €3,824 | €1,783 | -€2,042 | -53.4% |
| Taxes, remuneration and social security | 45 | €10,316 | €10,231 | -€86 | -0.8% |
| Taxes | 450/3 | €10,316 | €10,231 | -€86 | -0.8% |
| Accrued charges and deferred income | 492/3 | €1,008 | €3,696 | +€2,687 | +266% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,542 | €5,473 | -€69 | -1.2% |
| Other operating charges | 640/8 | €1,750 | €1,241 | -€509 | -29.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €51,862 | €34,045 | -€17,817 | -34.4% |
| Operating profit (loss) | 9901 | €44,570 | €27,332 | -€17,238 | -38.7% |
| Financial income | 75/76B | €529 | €778 | +€250 | +47.2% |
| Recurring financial income | 75 | €529 | €778 | +€250 | +47.2% |
| Financial charges | 65/66B | €5,657 | €5,060 | -€597 | -10.6% |
| Recurring financial charges | 65 | €5,657 | €5,060 | -€597 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €39,442 | €23,050 | -€16,392 | -41.6% |
| Income taxes | 67/77 | €12,235 | €7,143 | -€5,092 | -41.6% |
| Profit (loss) for the period | 9904 | €27,207 | €15,907 | -€11,299 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,207 | €15,907 | -€11,299 | -41.5% |
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 26 October 2026 via checked.be.