Bernaerts Technics: what changed
Bernaerts Technics
Largest movements
- Stocks and contracts +€45,594
up €45,594 (+26.3%), from €173,426 to €219,020
- Deferred charges and accrued income -€33,268
down €33,268 (-83.1%), from €40,035 to €6,768
- Receivables within one year +€32,655
up €32,655 (+7.2%), from €454,652 to €487,306
of which Other amounts receivable: +€38,288
- Tangible fixed assets -€24,596
down €24,596 (-5.8%), from €420,706 to €396,110
of which Land and buildings: -€16,268
- Cash +€20,078
up €20,078 (+482%), from €4,163 to €24,241
mainly Net result for the year (+€67,390) and Depreciation (+€50,817)
- Profit (loss) carried forward +€42,390
up €42,390 (+52.7%), from -€80,453 to -€38,062
- Other debts +€33,423
up €33,423 (+28.5%), from €117,320 to €150,743
- Trade debts -€33,069
down €33,069 (-11.5%), from €286,475 to €253,406
- Debts after one year -€17,913
down €17,913 (-8.5%), from €211,138 to €193,225
- Gross operating margin +€232,627
up €232,627 (+138%), from €168,388 to €401,014
- Staff costs -€47,032
down €47,032 (-15.3%), from €307,821 to €260,790
- Depreciation -€11,640
down €11,640 (-18.6%), from €62,457 to €50,817
- Other operating charges -€11,025
down €11,025 (-60.3%), from €18,282 to €7,257
- Financial charges -€4,170
down €4,170 (-19.1%), from €21,799 to €17,629
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 | €1,136,173 | €1,168,603 | +€32,429 | +2.9% |
| Fixed assets | 21/28 | €463,897 | €431,268 | -€32,629 | -7.0% |
| Intangible fixed assets | 21 | €39,891 | €31,858 | -€8,034 | -20.1% |
| Tangible fixed assets | 22/27 | €420,706 | €396,110 | -€24,596 | -5.8% |
| Land and buildings | 22 | €367,985 | €351,718 | -€16,268 | -4.4% |
| Plant, machinery and equipment | 23 | €39,944 | €33,662 | -€6,281 | -15.7% |
| Furniture and vehicles | 24 | €12,777 | €10,730 | -€2,047 | -16.0% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €672,276 | €737,335 | +€65,058 | +9.7% |
| Stocks and contracts in progress | 3 | €173,426 | €219,020 | +€45,594 | +26.3% |
| Stocks | 30/36 | €173,426 | €219,020 | +€45,594 | +26.3% |
| Amounts receivable within one year | 40/41 | €454,652 | €487,306 | +€32,655 | +7.2% |
| Trade receivables | 40 | €445,743 | €440,110 | -€5,633 | -1.3% |
| Other amounts receivable | 41 | €8,909 | €47,197 | +€38,288 | +430% |
| Cash at bank and in hand | 54/58 | €4,163 | €24,241 | +€20,078 | +482% |
| Deferred charges and accrued income | 490/1 | €40,035 | €6,768 | -€33,268 | -83.1% |
| Total equity and liabilities | 10/49 | €1,136,173 | €1,168,603 | +€32,429 | +2.9% |
| Equity | 10/15 | €342,676 | €385,066 | +€42,390 | +12.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €176,552 | €176,552 | = | 0.0% |
| Reserves | 13 | €221,576 | €221,576 | = | 0.0% |
| Distributable reserves | 133 | €221,576 | €221,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,453 | -€38,062 | +€42,390 | +52.7% |
| Amounts payable | 17/49 | €793,497 | €783,536 | -€9,961 | -1.3% |
| Amounts payable after more than one year | 17 | €211,138 | €193,225 | -€17,913 | -8.5% |
| Financial debts | 170/4 | €211,138 | €193,225 | -€17,913 | -8.5% |
| Amounts payable within one year | 42/48 | €582,359 | €590,311 | +€7,952 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €17,126 | €17,913 | +€787 | +4.6% |
| Financial debts | 43 | €151,576 | €150,000 | -€1,576 | -1.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Other loans | 439 | €1,576 | €0 | -€1,576 | -100% |
| Trade debts | 44 | €286,475 | €253,406 | -€33,069 | -11.5% |
| Suppliers | 440/4 | €286,475 | €253,406 | -€33,069 | -11.5% |
| Taxes, remuneration and social security | 45 | €9,863 | €18,250 | +€8,387 | +85.0% |
| Taxes | 450/3 | €1,221 | €1,808 | +€587 | +48.1% |
| Remuneration and social security | 454/9 | €8,642 | €16,442 | +€7,800 | +90.3% |
| Other amounts payable | 47/48 | €117,320 | €150,743 | +€33,423 | +28.5% |
| Non-recurring operating income | 76A | - | €1,100 | +€1,100 | |
| Remuneration, social security and pensions | 62 | €307,821 | €260,790 | -€47,032 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,457 | €50,817 | -€11,640 | -18.6% |
| Other operating charges | 640/8 | €18,282 | €7,257 | -€11,025 | -60.3% |
| Gross operating margin | 9900 | €168,388 | €401,014 | +€232,627 | +138% |
| Operating profit (loss) | 9901 | -€220,172 | €82,151 | +€302,324 | |
| Financial income | 75/76B | €1,035 | €3,455 | +€2,420 | +234% |
| Recurring financial income | 75 | €1,035 | €3,455 | +€2,420 | +234% |
| Financial charges | 65/66B | €21,799 | €17,629 | -€4,170 | -19.1% |
| Recurring financial charges | 65 | €21,799 | €17,629 | -€4,170 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€240,937 | €67,977 | +€308,914 | |
| Income taxes | 67/77 | €528 | €587 | +€59 | +11.1% |
| Profit (loss) for the period | 9904 | -€241,465 | €67,390 | +€308,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€241,465 | €67,390 | +€308,855 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.