BERNARD DUBOIS: 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 DUBOIS
Largest movements
- Cash -€172,875
down €172,875 (-88.7%), from €194,815 to €21,940
mainly Debts after one year (-€143,408) and Contributions, distributions and other (-€130,000)
- Receivables within one year +€88,356
up €88,356 (+48.7%), from €181,388 to €269,744
of which Trade receivables: +€85,704
- Receivables after one year -€80,000
down €80,000 (-42.1%), from €190,000 to €110,000
- Tangible fixed assets -€42,858
down €42,858 (-3.7%), from €1.2m to €1.1m
of which Land and buildings: -€42,079
- Profit (loss) carried forward +€201,310
up €201,310 (+509%), from €39,518 to €240,828
- Debts after one year -€143,408
down €143,408 (-15.3%), from €937,502 to €794,094
- Reserves -€130,000
down €130,000 (-98.6%), from €131,860 to €1,860
of which Distributable reserves: -€130,000
- Accrued charges and deferred income -€97,364
down €97,364 (-73.9%), from €131,698 to €34,334
- Other debts -€90,500
down €90,500 (-41.0%), from €220,500 to €130,000
- Turnover -€61,751
down €61,751 (-5.7%), from €1.1m to €1.0m
- Depreciation -€38,376
down €38,376 (-38.8%), from €98,887 to €60,511
- Gross operating margin -€14,146
down €14,146 (-3.9%), from €359,414 to €345,269
- Other operating charges -€11,458
down €11,458 (-68.2%), from €16,805 to €5,347
- Purchases and services -€11,192
down €11,192 (-1.5%), from €724,991 to €713,799
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 | €1,749,336 | €1,539,892 | -€209,444 | -12.0% |
| Fixed assets | 21/28 | €1,164,199 | €1,121,342 | -€42,858 | -3.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,160,699 | €1,117,842 | -€42,858 | -3.7% |
| Land and buildings | 22 | €1,101,550 | €1,059,471 | -€42,079 | -3.8% |
| Furniture and vehicles | 24 | €59,149 | €58,370 | -€779 | -1.3% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €585,137 | €418,551 | -€166,586 | -28.5% |
| Amounts receivable after more than one year | 29 | €190,000 | €110,000 | -€80,000 | -42.1% |
| Other amounts receivable | 291 | €190,000 | €110,000 | -€80,000 | -42.1% |
| Amounts receivable within one year | 40/41 | €181,388 | €269,744 | +€88,356 | +48.7% |
| Trade receivables | 40 | €24,911 | €110,615 | +€85,704 | +344% |
| Other amounts receivable | 41 | €156,477 | €159,129 | +€2,652 | +1.7% |
| Cash at bank and in hand | 54/58 | €194,815 | €21,940 | -€172,875 | -88.7% |
| Deferred charges and accrued income | 490/1 | €18,934 | €16,867 | -€2,067 | -10.9% |
| Total equity and liabilities | 10/49 | €1,749,336 | €1,539,892 | -€209,444 | -12.0% |
| Equity | 10/15 | €189,978 | €261,288 | +€71,310 | +37.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,860 | €1,860 | -€130,000 | -98.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €130,000 | €0 | -€130,000 | -100% |
| Profit (loss) carried forward | 14 | €39,518 | €240,828 | +€201,310 | +509% |
| Amounts payable | 17/49 | €1,559,358 | €1,278,605 | -€280,753 | -18.0% |
| Amounts payable after more than one year | 17 | €937,502 | €794,094 | -€143,408 | -15.3% |
| Financial debts | 170/4 | €937,502 | €794,094 | -€143,408 | -15.3% |
| Amounts payable within one year | 42/48 | €490,158 | €450,177 | -€39,981 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €159,702 | €148,392 | -€11,310 | -7.1% |
| Financial debts | 43 | - | €80,000 | +€80,000 | |
| Credit institutions | 430/8 | - | €80,000 | +€80,000 | |
| Trade debts | 44 | €24,859 | €40,349 | +€15,490 | +62.3% |
| Suppliers | 440/4 | €24,859 | €40,349 | +€15,490 | +62.3% |
| Taxes, remuneration and social security | 45 | €85,097 | €51,436 | -€33,661 | -39.6% |
| Taxes | 450/3 | €79,397 | €51,436 | -€27,961 | -35.2% |
| Remuneration and social security | 454/9 | €5,700 | €0 | -€5,700 | -100% |
| Other amounts payable | 47/48 | €220,500 | €130,000 | -€90,500 | -41.0% |
| Accrued charges and deferred income | 492/3 | €131,698 | €34,334 | -€97,364 | -73.9% |
| Turnover | 70 | €1,080,496 | €1,018,745 | -€61,751 | -5.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €724,991 | €713,799 | -€11,192 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,887 | €60,511 | -€38,376 | -38.8% |
| Other operating charges | 640/8 | €16,805 | €5,347 | -€11,458 | -68.2% |
| Gross operating margin | 9900 | €359,414 | €345,269 | -€14,146 | -3.9% |
| Operating profit (loss) | 9901 | €243,722 | €279,410 | +€35,688 | +14.6% |
| Financial income | 75/76B | €14,408 | €11,956 | -€2,452 | -17.0% |
| Recurring financial income | 75 | €14,408 | €11,956 | -€2,452 | -17.0% |
| Financial charges | 65/66B | €29,014 | €23,509 | -€5,505 | -19.0% |
| Recurring financial charges | 65 | €29,014 | €23,509 | -€5,505 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €229,116 | €267,857 | +€38,741 | +16.9% |
| Income taxes | 67/77 | €56,853 | €66,547 | +€9,694 | +17.1% |
| Profit (loss) for the period | 9904 | €172,263 | €201,310 | +€29,047 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €172,263 | €201,310 | +€29,047 | +16.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.