BERNAERTS: 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.
BERNAERTS
Largest movements
- Tangible fixed assets -€13,638
down €13,638 (-6.6%), from €205,378 to €191,740
of which Land and buildings: -€19,383
- Receivables within one year -€3,149
down €3,149 (-47.0%), from €6,704 to €3,555
of which Trade receivables: -€3,557
- Cash +€2,322
up €2,322 (+40.3%), from €5,762 to €8,084
mainly Other debts (+€53,579) and Depreciation (+€29,422)
- Other debts +€53,579
up €53,579 (+9446.6%), from €567 to €54,146
- Profit (loss) carried forward -€34,066
down €34,066 (-113.0%), from -€30,149 to -€64,215
- Debts after one year -€24,802
down €24,802 (-15.3%), from €161,711 to €136,908
- Current portion of long-term debt -€7,134
down €7,134 (-22.3%), from €31,936 to €24,802
- Tax, wage and social debts -€3,584
down €3,584 (-93.8%), from €3,820 to €236
- Gross operating margin -€33,726
down €33,726 (-93.1%), from €36,218 to €2,492
- Other operating charges -€4,300
down €4,300 (-57.3%), from €7,505 to €3,206
- Depreciation +€3,857
up €3,857 (+15.1%), from €25,566 to €29,422
- Financial charges -€1,261
down €1,261 (-25.4%), from €4,956 to €3,695
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 | €217,845 | €203,379 | -€14,465 | -6.6% |
| Fixed assets | 21/28 | €205,378 | €191,740 | -€13,638 | -6.6% |
| Tangible fixed assets | 22/27 | €205,378 | €191,740 | -€13,638 | -6.6% |
| Land and buildings | 22 | €162,165 | €142,782 | -€19,383 | -12.0% |
| Furniture and vehicles | 24 | €43,213 | €48,958 | +€5,745 | +13.3% |
| Current assets | 29/58 | €12,466 | €11,639 | -€827 | -6.6% |
| Amounts receivable within one year | 40/41 | €6,704 | €3,555 | -€3,149 | -47.0% |
| Trade receivables | 40 | €6,704 | €3,147 | -€3,557 | -53.1% |
| Other amounts receivable | 41 | - | €408 | +€408 | |
| Cash at bank and in hand | 54/58 | €5,762 | €8,084 | +€2,322 | +40.3% |
| Total equity and liabilities | 10/49 | €217,845 | €203,379 | -€14,465 | -6.6% |
| Equity | 10/15 | €18,687 | -€15,380 | -€34,066 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €28,835 | €28,835 | = | 0.0% |
| Distributable reserves | 133 | €28,835 | €28,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,149 | -€64,215 | -€34,066 | -113.0% |
| Amounts payable | 17/49 | €199,158 | €218,759 | +€19,601 | +9.8% |
| Amounts payable after more than one year | 17 | €161,711 | €136,908 | -€24,802 | -15.3% |
| Financial debts | 170/4 | €161,711 | €136,908 | -€24,802 | -15.3% |
| Amounts payable within one year | 42/48 | €37,447 | €81,851 | +€44,404 | +118.6% |
| Current portion of amounts payable after more than one year | 42 | €31,936 | €24,802 | -€7,134 | -22.3% |
| Financial debts | 43 | - | €470 | +€470 | |
| Credit institutions | 430/8 | - | €470 | +€470 | |
| Trade debts | 44 | €1,124 | €2,196 | +€1,072 | +95.4% |
| Suppliers | 440/4 | €1,124 | €2,196 | +€1,072 | +95.4% |
| Taxes, remuneration and social security | 45 | €3,820 | €236 | -€3,584 | -93.8% |
| Taxes | 450/3 | €3,820 | €236 | -€3,584 | -93.8% |
| Other amounts payable | 47/48 | €567 | €54,146 | +€53,579 | +9446.6% |
| Non-recurring operating income | 76A | - | €2,558 | +€2,558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,566 | €29,422 | +€3,857 | +15.1% |
| Other operating charges | 640/8 | €7,505 | €3,206 | -€4,300 | -57.3% |
| Gross operating margin | 9900 | €36,218 | €2,492 | -€33,726 | -93.1% |
| Operating profit (loss) | 9901 | €3,147 | -€30,136 | -€33,283 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +300.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300.0% |
| Financial charges | 65/66B | €4,956 | €3,695 | -€1,261 | -25.4% |
| Recurring financial charges | 65 | €4,956 | €3,695 | -€1,261 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,809 | -€33,831 | -€32,022 | -1770.6% |
| Income taxes | 67/77 | €228 | €236 | +€8 | +3.3% |
| Profit (loss) for the period | 9904 | -€2,037 | -€34,066 | -€32,030 | -1572.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,037 | -€34,066 | -€32,030 | -1572.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.