BERNARD DOURTE: what changed
Two fiscal 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 DOURTE
Largest movements
- Receivables within one year +€127,041
up €127,041 (+494.2%), from €25,704 to €152,745
of which Other amounts receivable: +€100,012
- Deferred charges and accrued income -€100,000
down €100,000 (-96.3%), from €103,837 to €3,837
- Cash -€21,225
down €21,225 (-5.6%), from €377,222 to €355,997
mainly Receivables within one year (-€127,041) and Tax, wage and social debts (-€4,331)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€100,000
no longer reported in 2025 (was €100,000)
- Taxes -€8,939
down €8,939 (-84.4%), from €10,591 to €1,652
- Gross operating margin -€633
down €633 (-9.4%), from €6,759 to €6,126
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 | €1,041,843 | €1,047,658 | +€5,815 | +0.6% |
| Fixed assets | 21/28 | €535,080 | €535,080 | = | 0.0% |
| Financial fixed assets | 28 | €535,080 | €535,080 | = | 0.0% |
| Current assets | 29/58 | €506,763 | €512,578 | +€5,815 | +1.1% |
| Amounts receivable within one year | 40/41 | €25,704 | €152,745 | +€127,041 | +494.2% |
| Trade receivables | 40 | €25,704 | €52,733 | +€27,029 | +105.2% |
| Other amounts receivable | 41 | - | €100,012 | +€100,012 | |
| Cash at bank and in hand | 54/58 | €377,222 | €355,997 | -€21,225 | -5.6% |
| Deferred charges and accrued income | 490/1 | €103,837 | €3,837 | -€100,000 | -96.3% |
| Total equity and liabilities | 10/49 | €1,041,843 | €1,047,658 | +€5,815 | +0.6% |
| Equity | 10/15 | €772,277 | €776,682 | +€4,405 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €736,882 | €741,287 | +€4,405 | +0.6% |
| Distributable reserves | 133 | €736,882 | €741,287 | +€4,405 | +0.6% |
| Profit (loss) carried forward | 14 | €16,795 | €16,795 | = | 0.0% |
| Amounts payable | 17/49 | €269,566 | €270,976 | +€1,410 | +0.5% |
| Amounts payable within one year | 42/48 | €269,566 | €270,976 | +€1,410 | +0.5% |
| Trade debts | 44 | €624 | €1,107 | +€482 | +77.2% |
| Suppliers | 440/4 | €624 | €1,107 | +€482 | +77.2% |
| Taxes, remuneration and social security | 45 | €10,857 | €6,525 | -€4,331 | -39.9% |
| Taxes | 450/3 | €10,857 | €6,525 | -€4,331 | -39.9% |
| Other amounts payable | 47/48 | €258,085 | €263,344 | +€5,259 | +2.0% |
| Gross operating margin | 9900 | €6,759 | €6,126 | -€633 | -9.4% |
| Operating profit (loss) | 9901 | €6,759 | €6,126 | -€633 | -9.4% |
| Financial income | 75/76B | €100,000 | - | -€100,000 | |
| Recurring financial income | 75 | €100,000 | - | -€100,000 | |
| Financial charges | 65/66B | €61 | €69 | +€8 | +14.0% |
| Recurring financial charges | 65 | €61 | €69 | +€8 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €106,699 | €6,057 | -€100,642 | -94.3% |
| Income taxes | 67/77 | €10,591 | €1,652 | -€8,939 | -84.4% |
| Profit (loss) for the period | 9904 | €96,108 | €4,405 | -€91,703 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €96,108 | €4,405 | -€91,703 | -95.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.