BERNARD GEORGES: 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 GEORGES
Largest movements
- Receivables within one year -€7,361
down €7,361 (-15.5%), from €47,639 to €40,278
of which Trade receivables: -€8,093
- Cash +€4,278
up €4,278 (+20.7%), from €20,629 to €24,907
mainly Other debts (+€19,107) and Receivables within one year (+€7,361)
- Reserves -€25,000
down €25,000 (-54.1%), from €46,185 to €21,185
of which Distributable reserves: -€25,000
- Other debts +€19,107
up €19,107 (+283.7%), from €6,734 to €25,841
- Tax, wage and social debts +€3,756
up €3,756 (+51.0%), from €7,364 to €11,119
of which Taxes: +€2,501
- Trade debts -€1,742
down €1,742 (-42.2%), from €4,128 to €2,386
- Profit (loss) carried forward +€1,339
up €1,339 (+9.7%), from -€13,781 to -€12,442
- Gross operating margin -€9,937
down €9,937 (-17.6%), from €56,356 to €46,419
- Taxes +€1,518
up €1,518 (+204.5%), from €742 to €2,260
- Financial charges -€724
down €724 (-31.1%), from €2,327 to €1,603
- Staff costs +€587
up €587 (+1.4%), from €40,811 to €41,398
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 | €71,863 | €68,844 | -€3,019 | -4.2% |
| Fixed assets | 21/28 | €2,737 | €2,737 | = | 0.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €2,737 | €2,737 | = | 0.0% |
| Current assets | 29/58 | €69,126 | €66,106 | -€3,019 | -4.4% |
| Amounts receivable within one year | 40/41 | €47,639 | €40,278 | -€7,361 | -15.5% |
| Trade receivables | 40 | €25,395 | €17,302 | -€8,093 | -31.9% |
| Other amounts receivable | 41 | €22,244 | €22,976 | +€732 | +3.3% |
| Current investments | 50/53 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €20,629 | €24,907 | +€4,278 | +20.7% |
| Deferred charges and accrued income | 490/1 | €858 | €913 | +€55 | +6.4% |
| Total equity and liabilities | 10/49 | €71,863 | €68,844 | -€3,019 | -4.2% |
| Equity | 10/15 | €51,004 | €27,343 | -€23,661 | -46.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,185 | €21,185 | -€25,000 | -54.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,200 | €10,200 | = | 0.0% |
| Distributable reserves | 133 | €34,125 | €9,125 | -€25,000 | -73.3% |
| Profit (loss) carried forward | 14 | -€13,781 | -€12,442 | +€1,339 | +9.7% |
| Amounts payable | 17/49 | €20,859 | €41,500 | +€20,642 | +99.0% |
| Amounts payable within one year | 42/48 | €20,054 | €40,655 | +€20,602 | +102.7% |
| Financial debts | 43 | €1,828 | €1,308 | -€519 | -28.4% |
| Credit institutions | 430/8 | €1,828 | €1,308 | -€519 | -28.4% |
| Trade debts | 44 | €4,128 | €2,386 | -€1,742 | -42.2% |
| Suppliers | 440/4 | €4,128 | €2,386 | -€1,742 | -42.2% |
| Taxes, remuneration and social security | 45 | €7,364 | €11,119 | +€3,756 | +51.0% |
| Taxes | 450/3 | €4,067 | €6,568 | +€2,501 | +61.5% |
| Remuneration and social security | 454/9 | €3,297 | €4,551 | +€1,254 | +38.1% |
| Other amounts payable | 47/48 | €6,734 | €25,841 | +€19,107 | +283.7% |
| Accrued charges and deferred income | 492/3 | €805 | €845 | +€40 | +5.0% |
| Remuneration, social security and pensions | 62 | €40,811 | €41,398 | +€587 | +1.4% |
| Other operating charges | 640/8 | €591 | €615 | +€24 | +4.0% |
| Gross operating margin | 9900 | €56,356 | €46,419 | -€9,937 | -17.6% |
| Operating profit (loss) | 9901 | €14,954 | €4,407 | -€10,547 | -70.5% |
| Financial income | 75/76B | €744 | €795 | +€51 | +6.9% |
| Recurring financial income | 75 | €744 | €795 | +€51 | +6.9% |
| Financial charges | 65/66B | €2,327 | €1,603 | -€724 | -31.1% |
| Recurring financial charges | 65 | €2,327 | €1,603 | -€724 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €13,371 | €3,599 | -€9,772 | -73.1% |
| Income taxes | 67/77 | €742 | €2,260 | +€1,518 | +204.5% |
| Profit (loss) for the period | 9904 | €12,629 | €1,339 | -€11,290 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,629 | €1,339 | -€11,290 | -89.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.