BERMUDA EVENTS: 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.
BERMUDA EVENTS
Largest movements
- Cash +€38,466
up €38,466 (+14,792%), from €260 to €38,726
mainly Net result for the year (+€22,930) and Tax, wage and social debts (+€8,888)
- Receivables within one year -€6,731
down €6,731 (-32.2%), from €20,886 to €14,155
of which Trade receivables: -€8,619
- Profit (loss) carried forward +€22,930
up €22,930 (+179%), from €12,817 to €35,747
- Tax, wage and social debts +€8,888
up €8,888 (+123%), from €7,217 to €16,104
- Gross operating margin +€16,678
up €16,678 (+104%), from €16,111 to €32,788
- Taxes +€1,520
up €1,520 (+46.2%), from €3,289 to €4,810
- Financial charges +€722
new in 2024: €722
- Depreciation +€403
up €403 (+9,027%), from €4 to €407
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,363 | €53,691 | +€31,328 | +140% |
| Fixed assets | 21/28 | €1,217 | €810 | -€407 | -33.5% |
| Tangible fixed assets | 22/27 | €1,217 | €810 | -€407 | -33.5% |
| Furniture and vehicles | 24 | €1,217 | €810 | -€407 | -33.5% |
| Current assets | 29/58 | €21,146 | €52,881 | +€31,735 | +150% |
| Amounts receivable within one year | 40/41 | €20,886 | €14,155 | -€6,731 | -32.2% |
| Trade receivables | 40 | €20,886 | €12,267 | -€8,619 | -41.3% |
| Other amounts receivable | 41 | - | €1,888 | +€1,888 | |
| Cash at bank and in hand | 54/58 | €260 | €38,726 | +€38,466 | +14,792% |
| Total equity and liabilities | 10/49 | €22,363 | €53,691 | +€31,328 | +140% |
| Equity | 10/15 | €14,317 | €37,247 | +€22,930 | +160% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,817 | €35,747 | +€22,930 | +179% |
| Amounts payable | 17/49 | €8,046 | €16,444 | +€8,398 | +104% |
| Amounts payable within one year | 42/48 | €8,046 | €16,444 | +€8,398 | +104% |
| Trade debts | 44 | €830 | €340 | -€490 | -59.1% |
| Suppliers | 440/4 | €830 | €340 | -€490 | -59.1% |
| Taxes, remuneration and social security | 45 | €7,217 | €16,104 | +€8,888 | +123% |
| Taxes | 450/3 | €7,217 | €16,104 | +€8,888 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €407 | +€403 | +9,027% |
| Other operating charges | 640/8 | - | €276 | +€276 | |
| Non-recurring operating charges | 66A | - | €3,700 | +€3,700 | |
| Gross operating margin | 9900 | €16,111 | €32,788 | +€16,678 | +104% |
| Operating profit (loss) | 9901 | €16,106 | €28,405 | +€12,299 | +76.4% |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | - | €722 | +€722 | |
| Recurring financial charges | 65 | - | €722 | +€722 | |
| Profit (loss) for the period before taxes | 9903 | €16,106 | €27,740 | +€11,634 | +72.2% |
| Income taxes | 67/77 | €3,289 | €4,810 | +€1,520 | +46.2% |
| Profit (loss) for the period | 9904 | €12,817 | €22,930 | +€10,114 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,817 | €22,930 | +€10,114 | +78.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.