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 +€21,557
up €21,557 (+14.4%), from €150,091 to €171,648
mainly Net result for the year (+€32,910) and Depreciation (+€6,990)
- Tangible fixed assets -€6,990
down €6,990 (-61.1%), from €11,437 to €4,446
- Receivables within one year -€6,921
down €6,921 (-19.3%), from €35,887 to €28,966
of which Other amounts receivable: -€6,921
- Profit (loss) carried forward +€16,910
up €16,910 (+11.1%), from €152,322 to €169,232
- Current portion of long-term debt -€7,659
down €7,659 (-55.1%), from €13,909 to €6,250
- Trade debts -€2,874
down €2,874 (-100.0%), from €2,874 to €0
- Gross operating margin +€26,710
up €26,710 (+104.5%), from €25,566 to €52,276
- Taxes +€6,412
up €6,412 (+119.6%), from €5,363 to €11,775
- Depreciation -€2,728
down €2,728 (-28.1%), from €9,719 to €6,990
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 | €201,231 | €209,594 | +€8,363 | +4.2% |
| Fixed assets | 21/28 | €11,437 | €4,446 | -€6,990 | -61.1% |
| Tangible fixed assets | 22/27 | €11,437 | €4,446 | -€6,990 | -61.1% |
| Furniture and vehicles | 24 | €11,437 | €4,446 | -€6,990 | -61.1% |
| Current assets | 29/58 | €189,794 | €205,147 | +€15,353 | +8.1% |
| Amounts receivable within one year | 40/41 | €35,887 | €28,966 | -€6,921 | -19.3% |
| Trade receivables | 40 | €18,082 | €18,082 | = | 0.0% |
| Other amounts receivable | 41 | €17,805 | €10,884 | -€6,921 | -38.9% |
| Cash at bank and in hand | 54/58 | €150,091 | €171,648 | +€21,557 | +14.4% |
| Deferred charges and accrued income | 490/1 | €3,816 | €4,533 | +€717 | +18.8% |
| Total equity and liabilities | 10/49 | €201,231 | €209,594 | +€8,363 | +4.2% |
| Equity | 10/15 | €160,379 | €177,289 | +€16,910 | +10.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,322 | €169,232 | +€16,910 | +11.1% |
| Amounts payable | 17/49 | €40,852 | €32,305 | -€8,547 | -20.9% |
| Amounts payable within one year | 42/48 | €40,852 | €32,305 | -€8,547 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €13,909 | €6,250 | -€7,659 | -55.1% |
| Trade debts | 44 | €2,874 | €0 | -€2,874 | -100.0% |
| Suppliers | 440/4 | €2,874 | €0 | -€2,874 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,069 | €10,055 | +€1,986 | +24.6% |
| Taxes | 450/3 | €6,120 | €8,107 | +€1,986 | +32.5% |
| Remuneration and social security | 454/9 | €1,948 | €1,948 | = | 0.0% |
| Other amounts payable | 47/48 | €16,000 | €16,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,719 | €6,990 | -€2,728 | -28.1% |
| Other operating charges | 640/8 | €819 | €564 | -€255 | -31.1% |
| Gross operating margin | 9900 | €25,566 | €52,276 | +€26,710 | +104.5% |
| Operating profit (loss) | 9901 | €15,028 | €44,722 | +€29,694 | +197.6% |
| Financial income | 75/76B | €949 | €652 | -€298 | -31.4% |
| Recurring financial income | 75 | €949 | €652 | -€298 | -31.4% |
| Financial charges | 65/66B | €791 | €689 | -€102 | -12.9% |
| Recurring financial charges | 65 | €791 | €689 | -€102 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €15,187 | €44,685 | +€29,498 | +194.2% |
| Income taxes | 67/77 | €5,363 | €11,775 | +€6,412 | +119.6% |
| Profit (loss) for the period | 9904 | €9,824 | €32,910 | +€23,086 | +235.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,824 | €32,910 | +€23,086 | +235.0% |
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 12 October 2026 via checked.be.