BERNARD GROGNA: 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 GROGNA
Largest movements
- Cash +€2,598
new in 2025: €2,598
mainly Other debts (+€43,247) and Depreciation (+€8,191)
- Receivables within one year -€2,267
down €2,267 (-3.4%), from €67,405 to €65,138
of which Trade receivables: -€1,801
- Other debts +€43,247
up €43,247 (+144%), from €30,000 to €73,247
- Trade debts -€22,716
down €22,716 (-88.9%), from €25,539 to €2,823
- Debts after one year -€17,856
no longer reported in 2025 (was €17,856)
- Profit (loss) carried forward -€10,943
down €10,943 (-26.6%), from €41,076 to €30,133
- Current portion of long-term debt +€7,776
new in 2025: €7,776
- Gross operating margin -€60,438
down €60,438 (-96.5%), from €62,640 to €2,202
- Staff costs -€30,483
down €30,483 (-97.4%), from €31,292 to €809
- Financial charges -€4,082
down €4,082 (-88.9%), from €4,590 to €508
of which Non-recurring financial charges: -€3,390
- Other operating charges +€2,193
new in 2025: €2,193
- Taxes -€1,534
down €1,534 (-51.5%), from €2,978 to €1,444
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 | €134,931 | €134,439 | -€492 | -0.4% |
| Fixed assets | 21/28 | €67,526 | €66,368 | -€1,158 | -1.7% |
| Tangible fixed assets | 22/27 | €54,053 | €52,895 | -€1,158 | -2.1% |
| Land and buildings | 22 | €47,109 | €41,857 | -€5,252 | -11.1% |
| Plant, machinery and equipment | 23 | €285 | €2,852 | +€2,567 | +901% |
| Furniture and vehicles | 24 | €6,659 | €8,186 | +€1,527 | +22.9% |
| Financial fixed assets | 28 | €13,473 | €13,473 | = | 0.0% |
| Current assets | 29/58 | €67,405 | €68,071 | +€666 | +1.0% |
| Amounts receivable within one year | 40/41 | €67,405 | €65,138 | -€2,267 | -3.4% |
| Trade receivables | 40 | €21,655 | €19,854 | -€1,801 | -8.3% |
| Other amounts receivable | 41 | €45,750 | €45,284 | -€466 | -1.0% |
| Cash at bank and in hand | 54/58 | - | €2,598 | +€2,598 | |
| Deferred charges and accrued income | 490/1 | - | €335 | +€335 | |
| Total equity and liabilities | 10/49 | €134,931 | €134,439 | -€492 | -0.4% |
| Equity | 10/15 | €61,536 | €50,593 | -€10,943 | -17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,076 | €30,133 | -€10,943 | -26.6% |
| Amounts payable | 17/49 | €73,395 | €83,846 | +€10,451 | +14.2% |
| Amounts payable after more than one year | 17 | €17,856 | - | -€17,856 | |
| Financial debts | 170/4 | €17,856 | - | -€17,856 | |
| Amounts payable within one year | 42/48 | €55,539 | €83,846 | +€28,307 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,776 | +€7,776 | |
| Trade debts | 44 | €25,539 | €2,823 | -€22,716 | -88.9% |
| Suppliers | 440/4 | €25,539 | €2,823 | -€22,716 | -88.9% |
| Other amounts payable | 47/48 | €30,000 | €73,247 | +€43,247 | +144% |
| Remuneration, social security and pensions | 62 | €31,292 | €809 | -€30,483 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,088 | €8,191 | +€1,103 | +15.6% |
| Other operating charges | 640/8 | - | €2,193 | +€2,193 | |
| Gross operating margin | 9900 | €62,640 | €2,202 | -€60,438 | -96.5% |
| Operating profit (loss) | 9901 | €24,260 | -€8,991 | -€33,251 | |
| Financial charges | 65/66B | €4,590 | €508 | -€4,082 | -88.9% |
| Recurring financial charges | 65 | €1,200 | €508 | -€692 | -57.7% |
| Non-recurring financial charges | 66B | €3,390 | - | -€3,390 | |
| Profit (loss) for the period before taxes | 9903 | €19,670 | -€9,499 | -€29,169 | |
| Income taxes | 67/77 | €2,978 | €1,444 | -€1,534 | -51.5% |
| Profit (loss) for the period | 9904 | €16,692 | -€10,943 | -€27,635 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,692 | -€10,943 | -€27,635 |
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 24 October 2026 via checked.be.