Bernaerts & Palmans: what changed
Bernaerts & Palmans
Largest movements
- Tangible fixed assets -€11,141
down €11,141 (-36.1%), from €30,847 to €19,706
of which Plant, machinery and equipment: -€8,080
- Receivables within one year -€5,986
down €5,986 (-7.3%), from €82,421 to €76,435
of which Trade receivables: -€4,422
- Cash +€2,651
up €2,651 (+17.4%), from €15,198 to €17,850
mainly Net result for the year (+€32,672) and Depreciation (+€11,141)
- Other debts -€12,236
down €12,236 (-20.3%), from €60,323 to €48,087
- Trade debts +€7,463
up €7,463 (+963%), from €775 to €8,238
- Tax, wage and social debts -€7,326
down €7,326 (-35.0%), from €20,941 to €13,615
of which Taxes: -€3,829
- Profit (loss) carried forward -€1,328
down €1,328 (-93.0%), from €1,428 to €100
- Gross operating margin +€2,376
up €2,376 (+4.6%), from €51,691 to €54,067
- Depreciation +€594
up €594 (+5.6%), from €10,547 to €11,141
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,930 | €118,503 | -€13,427 | -10.2% |
| Fixed assets | 21/28 | €30,847 | €19,706 | -€11,141 | -36.1% |
| Tangible fixed assets | 22/27 | €30,847 | €19,706 | -€11,141 | -36.1% |
| Land and buildings | 22 | €1,850 | €1,325 | -€525 | -28.4% |
| Plant, machinery and equipment | 23 | €24,218 | €16,138 | -€8,080 | -33.4% |
| Furniture and vehicles | 24 | €4,779 | €2,243 | -€2,536 | -53.1% |
| Current assets | 29/58 | €101,083 | €98,797 | -€2,286 | -2.3% |
| Amounts receivable within one year | 40/41 | €82,421 | €76,435 | -€5,986 | -7.3% |
| Trade receivables | 40 | €80,801 | €76,380 | -€4,422 | -5.5% |
| Other amounts receivable | 41 | €1,619 | €55 | -€1,564 | -96.6% |
| Cash at bank and in hand | 54/58 | €15,198 | €17,850 | +€2,651 | +17.4% |
| Deferred charges and accrued income | 490/1 | €3,464 | €4,513 | +€1,048 | +30.3% |
| Total equity and liabilities | 10/49 | €131,930 | €118,503 | -€13,427 | -10.2% |
| Equity | 10/15 | €49,892 | €48,564 | -€1,328 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,864 | €29,864 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €29,864 | €29,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,428 | €100 | -€1,328 | -93.0% |
| Amounts payable | 17/49 | €82,039 | €69,939 | -€12,099 | -14.7% |
| Amounts payable within one year | 42/48 | €82,039 | €69,939 | -€12,099 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €775 | €8,238 | +€7,463 | +963% |
| Suppliers | 440/4 | €775 | €8,238 | +€7,463 | +963% |
| Taxes, remuneration and social security | 45 | €20,941 | €13,615 | -€7,326 | -35.0% |
| Taxes | 450/3 | €17,444 | €13,615 | -€3,829 | -22.0% |
| Remuneration and social security | 454/9 | €3,497 | €0 | -€3,497 | -100% |
| Other amounts payable | 47/48 | €60,323 | €48,087 | -€12,236 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,547 | €11,141 | +€594 | +5.6% |
| Other operating charges | 640/8 | €1,514 | €1,237 | -€277 | -18.3% |
| Gross operating margin | 9900 | €51,691 | €54,067 | +€2,376 | +4.6% |
| Operating profit (loss) | 9901 | €39,630 | €41,688 | +€2,058 | +5.2% |
| Financial charges | 65/66B | €461 | €178 | -€283 | -61.4% |
| Recurring financial charges | 65 | €461 | €178 | -€283 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | €39,169 | €41,510 | +€2,341 | +6.0% |
| Income taxes | 67/77 | €8,414 | €8,838 | +€424 | +5.0% |
| Profit (loss) for the period | 9904 | €30,755 | €32,672 | +€1,917 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,755 | €32,672 | +€1,917 | +6.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.