BERNARD COMPANY: what changed
BERNARD COMPANY
Largest movements
- Receivables within one year +€96,410
up €96,410 (+101%), from €95,861 to €192,271
of which Other amounts receivable: +€54,382
- Cash -€13,919
down €13,919 (-25.6%), from €54,423 to €40,504
mainly Receivables within one year (-€96,410) and Investment in fixed assets (net) (-€2,511)
- Trade debts +€29,284
up €29,284 (+144%), from €20,352 to €49,636
- Current portion of long-term debt +€21,294
new in 2025: €21,294
- Profit (loss) carried forward +€19,783
up €19,783 (+18.2%), from €108,402 to €128,185
- Short-term financial debts +€7,327
up €7,327 (+312%), from €2,346 to €9,672
- Tax, wage and social debts +€4,791
new in 2025: €4,791
of which Remuneration and social security: +€2,855
- Staff costs +€28,614
up €28,614, from €0 to €28,614
- Gross operating margin +€15,400
up €15,400 (+30.9%), from €49,859 to €65,258
- Other operating charges -€7,466
down €7,466 (-64.4%), from €11,598 to €4,132
- Taxes -€4,252
down €4,252 (-34.7%), from €12,250 to €7,998
- Depreciation +€1,255
up €1,255 (+99.1%), from €1,267 to €2,522
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 | €151,551 | €234,030 | +€82,480 | +54.4% |
| Fixed assets | 21/28 | €1,267 | €1,255 | -€11 | -0.9% |
| Tangible fixed assets | 22/27 | €1,267 | €1,255 | -€11 | -0.9% |
| Furniture and vehicles | 24 | €1,267 | €1,255 | -€11 | -0.9% |
| Current assets | 29/58 | €150,284 | €232,775 | +€82,491 | +54.9% |
| Amounts receivable within one year | 40/41 | €95,861 | €192,271 | +€96,410 | +101% |
| Trade receivables | 40 | €64,041 | €106,069 | +€42,028 | +65.6% |
| Other amounts receivable | 41 | €31,820 | €86,202 | +€54,382 | +171% |
| Cash at bank and in hand | 54/58 | €54,423 | €40,504 | -€13,919 | -25.6% |
| Total equity and liabilities | 10/49 | €151,551 | €234,030 | +€82,480 | +54.4% |
| Equity | 10/15 | €128,853 | €148,636 | +€19,783 | +15.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,402 | €128,185 | +€19,783 | +18.2% |
| Amounts payable | 17/49 | €22,698 | €85,394 | +€62,697 | +276% |
| Amounts payable within one year | 42/48 | €22,698 | €85,394 | +€62,697 | +276% |
| Current portion of amounts payable after more than one year | 42 | - | €21,294 | +€21,294 | |
| Financial debts | 43 | €2,346 | €9,672 | +€7,327 | +312% |
| Credit institutions | 430/8 | €2,346 | €9,672 | +€7,327 | +312% |
| Trade debts | 44 | €20,352 | €49,636 | +€29,284 | +144% |
| Suppliers | 440/4 | €20,352 | €49,636 | +€29,284 | +144% |
| Taxes, remuneration and social security | 45 | - | €4,791 | +€4,791 | |
| Taxes | 450/3 | - | €1,936 | +€1,936 | |
| Remuneration and social security | 454/9 | - | €2,855 | +€2,855 | |
| Remuneration, social security and pensions | 62 | €0 | €28,614 | +€28,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,267 | €2,522 | +€1,255 | +99.1% |
| Other operating charges | 640/8 | €11,598 | €4,132 | -€7,466 | -64.4% |
| Gross operating margin | 9900 | €49,859 | €65,258 | +€15,400 | +30.9% |
| Operating profit (loss) | 9901 | €36,994 | €29,991 | -€7,003 | -18.9% |
| Financial charges | 65/66B | €1,547 | €2,210 | +€663 | +42.8% |
| Recurring financial charges | 65 | €1,547 | €2,210 | +€663 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €35,446 | €27,781 | -€7,666 | -21.6% |
| Income taxes | 67/77 | €12,250 | €7,998 | -€4,252 | -34.7% |
| Profit (loss) for the period | 9904 | €23,197 | €19,783 | -€3,414 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,197 | €19,783 | -€3,414 | -14.7% |
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 4 November 2026 via checked.be.