BERNACO: what changed
Two fiscal 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.
BERNACO
Largest movements
- Cash +€34,321
up €34,321 (+14.2%), from €241,297 to €275,617
mainly Net result for the year (+€44,503) and Investment in fixed assets (net) (+€6,678)
- Receivables within one year +€30,015
up €30,015 (+40.2%), from €74,718 to €104,733
of which Trade receivables: +€30,499
- Financial fixed assets -€12,500
down €12,500 (-4.4%), from €286,946 to €274,446
- Reserves +€44,503
up €44,503 (+7.1%), from €626,499 to €671,002
of which Distributable reserves: +€44,503
- Financial income -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Gross operating margin +€21,333
up €21,333 (+32.7%), from €65,202 to €86,535
- Financial charges +€13,150
up €13,150 (+698.8%), from €1,882 to €15,032
of which Non-recurring financial charges: +€12,500
- Taxes +€1,255
up €1,255 (+6.3%), from €19,909 to €21,164
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.
Cash bridge derived
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 | €763,022 | €816,631 | +€53,609 | +7.0% |
| Fixed assets | 21/28 | €444,336 | €436,281 | -€8,055 | -1.8% |
| Tangible fixed assets | 22/27 | €157,390 | €161,835 | +€4,445 | +2.8% |
| Land and buildings | 22 | €157,390 | €161,835 | +€4,445 | +2.8% |
| Financial fixed assets | 28 | €286,946 | €274,446 | -€12,500 | -4.4% |
| Current assets | 29/58 | €318,686 | €380,350 | +€61,664 | +19.3% |
| Amounts receivable within one year | 40/41 | €74,718 | €104,733 | +€30,015 | +40.2% |
| Trade receivables | 40 | €41,623 | €72,122 | +€30,499 | +73.3% |
| Other amounts receivable | 41 | €33,095 | €32,611 | -€484 | -1.5% |
| Cash at bank and in hand | 54/58 | €241,297 | €275,617 | +€34,321 | +14.2% |
| Deferred charges and accrued income | 490/1 | €2,672 | €0 | -€2,672 | -100.0% |
| Total equity and liabilities | 10/49 | €763,022 | €816,631 | +€53,609 | +7.0% |
| Equity | 10/15 | €721,175 | €765,678 | +€44,503 | +6.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €626,499 | €671,002 | +€44,503 | +7.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €626,499 | €671,002 | +€44,503 | +7.1% |
| Profit (loss) carried forward | 14 | €76,084 | €76,084 | = | 0.0% |
| Amounts payable | 17/49 | €41,847 | €50,953 | +€9,106 | +21.8% |
| Amounts payable within one year | 42/48 | €40,021 | €49,075 | +€9,054 | +22.6% |
| Financial debts | 43 | €3,827 | €3,836 | +€9 | +0.2% |
| Credit institutions | 430/8 | €3,827 | €3,836 | +€9 | +0.2% |
| Trade debts | 44 | €2,735 | €6,413 | +€3,678 | +134.5% |
| Suppliers | 440/4 | €2,735 | €6,413 | +€3,678 | +134.5% |
| Taxes, remuneration and social security | 45 | €10,646 | €10,320 | -€326 | -3.1% |
| Taxes | 450/3 | €7,390 | €7,044 | -€346 | -4.7% |
| Remuneration and social security | 454/9 | €3,256 | €3,276 | +€20 | +0.6% |
| Other amounts payable | 47/48 | €22,813 | €28,506 | +€5,693 | +25.0% |
| Accrued charges and deferred income | 492/3 | €1,825 | €1,878 | +€52 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €1,377 | +€8 | +0.6% |
| Other operating charges | 640/8 | €4,219 | €4,460 | +€241 | +5.7% |
| Gross operating margin | 9900 | €65,202 | €86,535 | +€21,333 | +32.7% |
| Operating profit (loss) | 9901 | €59,614 | €80,698 | +€21,084 | +35.4% |
| Financial income | 75/76B | €35,000 | €0 | -€35,000 | -100.0% |
| Recurring financial income | 75 | €35,000 | €0 | -€35,000 | -100.0% |
| Financial charges | 65/66B | €1,882 | €15,032 | +€13,150 | +698.8% |
| Recurring financial charges | 65 | €1,882 | €2,532 | +€650 | +34.5% |
| Non-recurring financial charges | 66B | - | €12,500 | +€12,500 | |
| Profit (loss) for the period before taxes | 9903 | €92,732 | €65,666 | -€27,066 | -29.2% |
| Income taxes | 67/77 | €19,909 | €21,164 | +€1,255 | +6.3% |
| Profit (loss) for the period | 9904 | €72,823 | €44,503 | -€28,321 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,823 | €44,503 | -€28,321 | -38.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.