AURORE BERTRAND: 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.
AURORE BERTRAND
Largest movements
- Deferred charges and accrued income +€63,203
up €63,203 (+663%), from €9,536 to €72,739
- Cash +€41,902
up €41,902 (+79.5%), from €52,735 to €94,636
mainly Net result for the year (+€81,692) and Tax, wage and social debts (+€12,812)
- Tangible fixed assets -€7,901
down €7,901 (-46.3%), from €17,048 to €9,148
of which Furniture and vehicles: -€8,667
- Receivables within one year -€5,317
down €5,317 (-12.4%), from €42,800 to €37,483
- Profit (loss) carried forward +€81,692
up €81,692 (+93.8%), from €87,083 to €168,775
- Tax, wage and social debts +€12,812
up €12,812 (+54.2%), from €23,617 to €36,429
- Other debts -€2,696
down €2,696 (-29.9%), from €9,018 to €6,322
- Gross operating margin +€46,610
up €46,610 (+70.1%), from €66,452 to €113,062
- Taxes +€9,824
up €9,824 (+78.4%), from €12,534 to €22,358
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 | €122,119 | €214,006 | +€91,887 | +75.2% |
| Fixed assets | 21/28 | €17,048 | €9,148 | -€7,901 | -46.3% |
| Tangible fixed assets | 22/27 | €17,048 | €9,148 | -€7,901 | -46.3% |
| Plant, machinery and equipment | 23 | - | €766 | +€766 | |
| Furniture and vehicles | 24 | €17,048 | €8,382 | -€8,667 | -50.8% |
| Current assets | 29/58 | €105,071 | €204,858 | +€99,788 | +95.0% |
| Amounts receivable within one year | 40/41 | €42,800 | €37,483 | -€5,317 | -12.4% |
| Other amounts receivable | 41 | €42,800 | €37,483 | -€5,317 | -12.4% |
| Cash at bank and in hand | 54/58 | €52,735 | €94,636 | +€41,902 | +79.5% |
| Deferred charges and accrued income | 490/1 | €9,536 | €72,739 | +€63,203 | +663% |
| Total equity and liabilities | 10/49 | €122,119 | €214,006 | +€91,887 | +75.2% |
| Equity | 10/15 | €89,483 | €171,175 | +€81,692 | +91.3% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,083 | €168,775 | +€81,692 | +93.8% |
| Amounts payable | 17/49 | €32,636 | €42,831 | +€10,195 | +31.2% |
| Amounts payable within one year | 42/48 | €32,636 | €42,831 | +€10,195 | +31.2% |
| Trade debts | 44 | - | €79 | +€79 | |
| Suppliers | 440/4 | - | €79 | +€79 | |
| Taxes, remuneration and social security | 45 | €23,617 | €36,429 | +€12,812 | +54.2% |
| Taxes | 450/3 | €23,617 | €36,429 | +€12,812 | +54.2% |
| Other amounts payable | 47/48 | €9,018 | €6,322 | -€2,696 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,667 | €8,717 | +€51 | +0.6% |
| Other operating charges | 640/8 | €806 | €295 | -€511 | -63.4% |
| Gross operating margin | 9900 | €66,452 | €113,062 | +€46,610 | +70.1% |
| Operating profit (loss) | 9901 | €56,980 | €104,049 | +€47,070 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | €56,980 | €104,049 | +€47,070 | +82.6% |
| Income taxes | 67/77 | €12,534 | €22,358 | +€9,824 | +78.4% |
| Profit (loss) for the period | 9904 | €44,446 | €81,692 | +€37,246 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,446 | €81,692 | +€37,246 | +83.8% |
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 27 October 2026 via checked.be.