BERNARD MONSEUR ESPACE VERT: what changed
BERNARD MONSEUR ESPACE VERT
Largest movements
- Receivables within one year +€30,996
up €30,996 (+27.8%), from €111,378 to €142,374
of which Trade receivables: +€28,377
- Tangible fixed assets -€13,811
down €13,811 (-21.9%), from €63,098 to €49,287
of which Furniture and vehicles: -€7,444
- Cash -€9,096
down €9,096 (-20.8%), from €43,714 to €34,618
mainly Receivables within one year (-€30,996) and Investment in fixed assets (net) (-€9,650)
- Trade debts +€15,171
up €15,171 (+149%), from €10,176 to €25,347
- Reserves +€9,091
up €9,091 (+16.6%), from €54,896 to €63,987
of which Distributable reserves: +€9,091
- Debts after one year -€8,340
down €8,340 (-79.8%), from €10,457 to €2,117
- Current portion of long-term debt -€4,303
down €4,303 (-35.6%), from €12,096 to €7,793
- Other debts -€3,429
down €3,429 (-33.9%), from €10,112 to €6,683
- Gross operating margin -€26,901
down €26,901 (-10.7%), from €250,639 to €223,738
- Staff costs -€10,876
down €10,876 (-5.6%), from €192,545 to €181,669
- Taxes +€2,972
up €2,972 (+141%), from €2,106 to €5,077
- Depreciation +€2,960
up €2,960 (+14.4%), from €20,501 to €23,461
- Financial income +€2,680
up €2,680 (+831%), from €322 to €3,003
of which Non-recurring financial income: +€2,800
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 | €219,837 | €227,030 | +€7,193 | +3.3% |
| Fixed assets | 21/28 | €63,143 | €49,332 | -€13,811 | -21.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €63,098 | €49,287 | -€13,811 | -21.9% |
| Land and buildings | 22 | €7,222 | €4,519 | -€2,703 | -37.4% |
| Plant, machinery and equipment | 23 | €31,054 | €27,390 | -€3,665 | -11.8% |
| Furniture and vehicles | 24 | €24,821 | €17,377 | -€7,444 | -30.0% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €156,695 | €177,699 | +€21,004 | +13.4% |
| Amounts receivable within one year | 40/41 | €111,378 | €142,374 | +€30,996 | +27.8% |
| Trade receivables | 40 | €110,880 | €139,258 | +€28,377 | +25.6% |
| Other amounts receivable | 41 | €497 | €3,116 | +€2,618 | +526% |
| Cash at bank and in hand | 54/58 | €43,714 | €34,618 | -€9,096 | -20.8% |
| Deferred charges and accrued income | 490/1 | €1,602 | €707 | -€896 | -55.9% |
| Total equity and liabilities | 10/49 | €219,837 | €227,030 | +€7,193 | +3.3% |
| Equity | 10/15 | €140,204 | €150,276 | +€10,072 | +7.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €54,896 | €63,987 | +€9,091 | +16.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,696 | €26,696 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €31,091 | +€9,091 | +41.3% |
| Profit (loss) carried forward | 14 | €23,308 | €24,289 | +€981 | +4.2% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €8,899 | €8,899 | = | 0.0% |
| Deferred taxes | 168 | €8,899 | €8,899 | = | 0.0% |
| Amounts payable | 17/49 | €70,735 | €67,856 | -€2,879 | -4.1% |
| Amounts payable after more than one year | 17 | €10,457 | €2,117 | -€8,340 | -79.8% |
| Financial debts | 170/4 | €10,457 | €2,117 | -€8,340 | -79.8% |
| Amounts payable within one year | 42/48 | €60,278 | €65,740 | +€5,461 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €12,096 | €7,793 | -€4,303 | -35.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €10,176 | €25,347 | +€15,171 | +149% |
| Suppliers | 440/4 | €10,176 | €25,347 | +€15,171 | +149% |
| Taxes, remuneration and social security | 45 | €27,895 | €25,917 | -€1,978 | -7.1% |
| Taxes | 450/3 | €11,119 | €10,702 | -€417 | -3.8% |
| Remuneration and social security | 454/9 | €16,776 | €15,216 | -€1,561 | -9.3% |
| Other amounts payable | 47/48 | €10,112 | €6,683 | -€3,429 | -33.9% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Non-recurring operating income | 76A | - | €5 | +€5 | |
| Remuneration, social security and pensions | 62 | €192,545 | €181,669 | -€10,876 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,501 | €23,461 | +€2,960 | +14.4% |
| Other operating charges | 640/8 | €2,373 | €2,077 | -€297 | -12.5% |
| Non-recurring operating charges | 66A | - | €689 | +€689 | |
| Gross operating margin | 9900 | €250,639 | €223,738 | -€26,901 | -10.7% |
| Operating profit (loss) | 9901 | €35,220 | €15,843 | -€19,377 | -55.0% |
| Financial income | 75/76B | €322 | €3,003 | +€2,680 | +831% |
| Recurring financial income | 75 | €322 | €203 | -€120 | -37.1% |
| Non-recurring financial income | 76B | - | €2,800 | +€2,800 | |
| Financial charges | 65/66B | €4,494 | €3,696 | -€798 | -17.8% |
| Recurring financial charges | 65 | €4,494 | €3,611 | -€883 | -19.7% |
| Non-recurring financial charges | 66B | - | €86 | +€86 | |
| Profit (loss) for the period before taxes | 9903 | €31,048 | €15,149 | -€15,899 | -51.2% |
| Income taxes | 67/77 | €2,106 | €5,077 | +€2,972 | +141% |
| Profit (loss) for the period | 9904 | €28,943 | €10,072 | -€18,871 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,943 | €10,072 | -€18,871 | -65.2% |
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 2 November 2026 via checked.be.