VINCENT BERCHEM: what changed
What changed
VINCENT BERCHEM
NACE 69.109, Other legal services
filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.2m+€403,228
Equity
€18.1m
2024 · €16.5m+€1.6m
Cash
€54,227
2024 · €586+€53,641
Balance sheet total
€34.7m
2024 · €27.7m+€7.0m
Largest movements
Assets
- Financial fixed assets +€6.5m
up €6.5m (+23.7%), from €27.2m to €33.7m
- Tangible fixed assets +€387,005
up €387,005 (+2,730%), from €14,174 to €401,179
of which Leasing and similar rights: +€380,661
Equity and liabilities
- Provisions +€2.6m
up €2.6m (+142%), from €1.8m to €4.4m
- Debts after one year +€2.3m
up €2.3m (+29.5%), from €7.9m to €10.2m
- Profit (loss) carried forward +€1.6m
up €1.6m (+50.8%), from €3.1m to €4.8m
- Accrued charges and deferred income +€359,152
up €359,152 (+317%), from €113,170 to €472,322
Income statement
- Financial income +€521,930
up €521,930 (+43.5%), from €1.2m to €1.7m
- Financial charges +€184,145
up €184,145 (+68.3%), from €269,620 to €453,765
- Gross operating margin +€94,740
up €94,740 (+25.2%), from €376,635 to €471,374
- Provisions +€28,572
no longer reported in 2025 (was -€28,572)
- Other operating charges +€12,149
up €12,149 (+277%), from €4,379 to €16,528
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.2m
Gross operating margin
+€94,740
Staff costs
+€11,647
Depreciation
-€26
Provisions
-€28,572
Other operating charges
-€12,149
Financial income
+€521,930
Financial charges
-€184,145
Taxes
-€196
Result 2025
€1.6m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4.4m
Investment
-€6.9m
Financing
+€2.5m
Cash 2024
€586
From operations (derived)
+€4.4m
Net result for the year
+€1.6m
Depreciation
+€3,137
Receivables after one year
+€150,486
Receivables within one year
-€260,283
Smaller working-capital items
-€19,038
Provisions
+€2.6m
Trade debts
-€64,640
Accrued charges and deferred income
+€359,152
Investment (derived)
-€6.9m
Investment in fixed assets (net)
-€6.9m
Financing
+€2.5m
Debts after one year
+€2.3m
Current portion of long-term debt
+€264,478
Short-term financial debts
-€48,022
Contributions, distributions and other
-€45,000
Cash 2025
€54,227
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,720,417 | €34,737,010 | +€7.0m | +25.3% |
| Fixed assets | 21/28 | €27,247,552 | €34,096,365 | +€6.8m | +25.1% |
| Tangible fixed assets | 22/27 | €14,174 | €401,179 | +€387,005 | +2,730% |
| Furniture and vehicles | 24 | €14,174 | €20,518 | +€6,344 | +44.8% |
| Leasing and similar rights | 25 | - | €380,661 | +€380,661 | |
| Financial fixed assets | 28 | €27,233,378 | €33,695,185 | +€6.5m | +23.7% |
| Current assets | 29/58 | €472,865 | €640,645 | +€167,780 | +35.5% |
| Amounts receivable after more than one year | 29 | €464,243 | €313,757 | -€150,486 | -32.4% |
| Other amounts receivable | 291 | €464,243 | €313,757 | -€150,486 | -32.4% |
| Amounts receivable within one year | 40/41 | €4,312 | €264,595 | +€260,283 | +6,036% |
| Trade receivables | 40 | €4,021 | €3,985 | -€36 | -0.9% |
| Other amounts receivable | 41 | €291 | €260,610 | +€260,319 | +89,484% |
| Cash at bank and in hand | 54/58 | €586 | €54,227 | +€53,641 | +9,160% |
| Deferred charges and accrued income | 490/1 | €3,725 | €8,067 | +€4,342 | +117% |
| Total equity and liabilities | 10/49 | €27,720,417 | €34,737,010 | +€7.0m | +25.3% |
| Equity | 10/15 | €16,462,087 | €18,063,365 | +€1.6m | +9.7% |
| Contributions | 10/11 | €2,750,000 | €2,750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €10,555,302 | €10,555,302 | = | 0.0% |
| Reserves | 13 | €7,034 | €7,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,434 | €4,434 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,434 | €4,434 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,149,751 | €4,751,029 | +€1.6m | +50.8% |
| Provisions and deferred taxes | 16 | €1,828,817 | €4,429,130 | +€2.6m | +142% |
| Provisions for liabilities and charges | 160/5 | €1,828,817 | €4,429,130 | +€2.6m | +142% |
| Environmental obligations | 163 | €1,828,817 | €4,429,130 | +€2.6m | +142% |
| Amounts payable | 17/49 | €9,429,513 | €12,244,515 | +€2.8m | +29.9% |
| Amounts payable after more than one year | 17 | €7,872,124 | €10,190,852 | +€2.3m | +29.5% |
| Financial debts | 170/4 | €7,872,124 | €10,190,852 | +€2.3m | +29.5% |
| Amounts payable within one year | 42/48 | €1,444,220 | €1,581,340 | +€137,121 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €559,710 | €824,188 | +€264,478 | +47.3% |
| Financial debts | 43 | €265,561 | €217,539 | -€48,022 | -18.1% |
| Credit institutions | 430/8 | €265,561 | €217,539 | -€48,022 | -18.1% |
| Trade debts | 44 | €217,701 | €153,061 | -€64,640 | -29.7% |
| Suppliers | 440/4 | €217,701 | €153,061 | -€64,640 | -29.7% |
| Taxes, remuneration and social security | 45 | €60,402 | €58,665 | -€1,737 | -2.9% |
| Taxes | 450/3 | €44,720 | €43,148 | -€1,572 | -3.5% |
| Remuneration and social security | 454/9 | €15,682 | €15,516 | -€166 | -1.1% |
| Other amounts payable | 47/48 | €340,846 | €327,888 | -€12,958 | -3.8% |
| Accrued charges and deferred income | 492/3 | €113,170 | €472,322 | +€359,152 | +317% |
| Remuneration, social security and pensions | 62 | €84,444 | €72,797 | -€11,647 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,111 | €3,137 | +€26 | +0.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€28,572 | - | +€28,572 | |
| Other operating charges | 640/8 | €4,379 | €16,528 | +€12,149 | +277% |
| Gross operating margin | 9900 | €376,635 | €471,374 | +€94,740 | +25.2% |
| Operating profit (loss) | 9901 | €313,273 | €378,912 | +€65,640 | +21.0% |
| Financial income | 75/76B | €1,200,000 | €1,721,930 | +€521,930 | +43.5% |
| Recurring financial income | 75 | €1,200,000 | €1,721,930 | +€521,930 | +43.5% |
| Financial charges | 65/66B | €269,620 | €453,765 | +€184,145 | +68.3% |
| Recurring financial charges | 65 | €269,620 | €453,765 | +€184,145 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | €1,243,653 | €1,647,078 | +€403,425 | +32.4% |
| Income taxes | 67/77 | €603 | €799 | +€196 | +32.6% |
| Profit (loss) for the period | 9904 | €1,243,050 | €1,646,278 | +€403,228 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,243,050 | €1,646,278 | +€403,228 | +32.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.