BERNARD: 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.
BERNARD
Largest movements
- Cash -€49,081
down €49,081 (-62.3%), from €78,730 to €29,649
mainly Net result for the year (-€40,183) and Receivables within one year (-€19,935)
- Tangible fixed assets -€20,735
down €20,735 (-23.6%), from €87,769 to €67,035
of which Furniture and vehicles: -€20,735
- Receivables within one year +€19,935
up €19,935 (+21.3%), from €93,448 to €113,383
of which Other amounts receivable: +€19,935
- Deferred charges and accrued income -€3,403
no longer reported in 2025 (was €3,403)
- Profit (loss) carried forward -€40,183
down €40,183 (-19.6%), from €205,009 to €164,826
- Debts after one year -€16,357
no longer reported in 2025 (was €16,357)
- Trade debts +€4,541
up €4,541 (+8,590%), from €53 to €4,594
- Gross operating margin -€334,034
down €334,034, from €315,619 to -€18,415
- Other operating charges +€10,474
up €10,474 (+276%), from €3,788 to €14,262
- Depreciation -€4,720
down €4,720 (-39.7%), from €11,903 to €7,183
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.
Derived cash bridge
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 | €263,970 | €210,685 | -€53,284 | -20.2% |
| Fixed assets | 21/28 | €88,389 | €67,654 | -€20,735 | -23.5% |
| Tangible fixed assets | 22/27 | €87,769 | €67,035 | -€20,735 | -23.6% |
| Land and buildings | 22 | €51,332 | €51,332 | = | 0.0% |
| Furniture and vehicles | 24 | €36,438 | €15,703 | -€20,735 | -56.9% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €175,580 | €143,031 | -€32,549 | -18.5% |
| Amounts receivable within one year | 40/41 | €93,448 | €113,383 | +€19,935 | +21.3% |
| Trade receivables | 40 | €76,276 | €76,276 | = | 0.0% |
| Other amounts receivable | 41 | €17,172 | €37,107 | +€19,935 | +116% |
| Cash at bank and in hand | 54/58 | €78,730 | €29,649 | -€49,081 | -62.3% |
| Deferred charges and accrued income | 490/1 | €3,403 | - | -€3,403 | |
| Total equity and liabilities | 10/49 | €263,970 | €210,685 | -€53,284 | -20.2% |
| Equity | 10/15 | €245,920 | €205,737 | -€40,183 | -16.3% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €3,727 | €3,727 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8 | €8 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8 | €8 | = | 0.0% |
| Distributable reserves | 133 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,009 | €164,826 | -€40,183 | -19.6% |
| Amounts payable | 17/49 | €18,050 | €4,949 | -€13,101 | -72.6% |
| Amounts payable after more than one year | 17 | €16,357 | - | -€16,357 | |
| Other amounts payable | 178/9 | €16,357 | - | -€16,357 | |
| Amounts payable within one year | 42/48 | €1,693 | €4,949 | +€3,256 | +192% |
| Trade debts | 44 | €53 | €4,594 | +€4,541 | +8,590% |
| Suppliers | 440/4 | €53 | €4,594 | +€4,541 | +8,590% |
| Taxes, remuneration and social security | 45 | €1,640 | €354 | -€1,285 | -78.4% |
| Taxes | 450/3 | €1,640 | €354 | -€1,285 | -78.4% |
| Non-recurring operating income | 76A | €33,180 | - | -€33,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,903 | €7,183 | -€4,720 | -39.7% |
| Other operating charges | 640/8 | €3,788 | €14,262 | +€10,474 | +276% |
| Gross operating margin | 9900 | €315,619 | -€18,415 | -€334,034 | |
| Operating profit (loss) | 9901 | €299,928 | -€39,859 | -€339,788 | |
| Financial income | 75/76B | €2,937 | - | -€2,937 | |
| Recurring financial income | 75 | €2,937 | - | -€2,937 | |
| Financial charges | 65/66B | €64 | €183 | +€119 | +187% |
| Recurring financial charges | 65 | €64 | €183 | +€119 | +187% |
| Profit (loss) for the period before taxes | 9903 | €302,801 | -€40,042 | -€342,843 | |
| Transfer from deferred taxes | 780 | €1,668 | - | -€1,668 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €304,330 | -€40,183 | -€344,513 | |
| Transfer from tax-exempt reserves | 789 | €3,239 | - | -€3,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €307,569 | -€40,183 | -€347,751 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.