BERNARD NEYNS: 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 NEYNS
Largest movements
- Receivables within one year +€29,695
up €29,695 (+192%), from €15,474 to €45,169
of which Trade receivables: +€24,861
- Tangible fixed assets -€3,860
down €3,860 (-39.0%), from €9,902 to €6,042
of which Furniture and vehicles: -€4,165
- Trade debts +€25,049
up €25,049 (+170%), from €14,713 to €39,762
- Profit (loss) carried forward +€6,228
up €6,228 (+20.4%), from -€30,520 to -€24,292
- Debts after one year -€4,891
down €4,891 (-66.3%), from €7,373 to €2,482
- Other debts -€1,170
down €1,170 (-100%), from €1,170 to €0
- Tax, wage and social debts +€982
up €982 (+75.0%), from €1,310 to €2,292
of which Taxes: +€531
- Gross operating margin -€11,207
down €11,207 (-45.5%), from €24,637 to €13,430
- Staff costs -€10,987
down €10,987, from €10,767 to -€220
- Depreciation -€9,078
down €9,078 (-68.2%), from €13,305 to €4,227
- Other operating charges -€888
down €888 (-56.1%), from €1,582 to €694
- Financial charges +€292
up €292 (+14.1%), from €2,069 to €2,361
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,711 | €51,660 | +€25,949 | +101% |
| Fixed assets | 21/28 | €10,072 | €6,212 | -€3,860 | -38.3% |
| Tangible fixed assets | 22/27 | €9,902 | €6,042 | -€3,860 | -39.0% |
| Plant, machinery and equipment | 23 | €0 | €305 | +€305 | |
| Furniture and vehicles | 24 | €9,902 | €5,738 | -€4,165 | -42.1% |
| Financial fixed assets | 28 | €169 | €169 | = | 0.0% |
| Current assets | 29/58 | €15,640 | €45,448 | +€29,809 | +191% |
| Amounts receivable within one year | 40/41 | €15,474 | €45,169 | +€29,695 | +192% |
| Trade receivables | 40 | €15,474 | €40,335 | +€24,861 | +161% |
| Other amounts receivable | 41 | €0 | €4,834 | +€4,834 | |
| Deferred charges and accrued income | 490/1 | €166 | €280 | +€114 | +68.4% |
| Total equity and liabilities | 10/49 | €25,711 | €51,660 | +€25,949 | +101% |
| Equity | 10/15 | -€10,720 | -€4,492 | +€6,228 | +58.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €1,800 | €1,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,520 | -€24,292 | +€6,228 | +20.4% |
| Amounts payable | 17/49 | €36,431 | €56,152 | +€19,721 | +54.1% |
| Amounts payable after more than one year | 17 | €7,373 | €2,482 | -€4,891 | -66.3% |
| Financial debts | 170/4 | €7,373 | €2,482 | -€4,891 | -66.3% |
| Amounts payable within one year | 42/48 | €29,058 | €53,670 | +€24,612 | +84.7% |
| Current portion of amounts payable after more than one year | 42 | €4,795 | €4,891 | +€95 | +2.0% |
| Financial debts | 43 | €7,070 | €6,725 | -€345 | -4.9% |
| Credit institutions | 430/8 | €7,070 | €6,725 | -€345 | -4.9% |
| Trade debts | 44 | €14,713 | €39,762 | +€25,049 | +170% |
| Suppliers | 440/4 | €14,713 | €39,762 | +€25,049 | +170% |
| Taxes, remuneration and social security | 45 | €1,310 | €2,292 | +€982 | +75.0% |
| Taxes | 450/3 | €473 | €1,004 | +€531 | +112% |
| Remuneration and social security | 454/9 | €837 | €1,288 | +€451 | +53.9% |
| Other amounts payable | 47/48 | €1,170 | €0 | -€1,170 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,767 | -€220 | -€10,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,305 | €4,227 | -€9,078 | -68.2% |
| Other operating charges | 640/8 | €1,582 | €694 | -€888 | -56.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €24,637 | €13,430 | -€11,207 | -45.5% |
| Operating profit (loss) | 9901 | -€1,017 | €8,729 | +€9,746 | |
| Financial income | 75/76B | €87 | €0 | -€87 | -99.7% |
| Recurring financial income | 75 | €87 | €0 | -€87 | -99.7% |
| Financial charges | 65/66B | €2,069 | €2,361 | +€292 | +14.1% |
| Recurring financial charges | 65 | €2,069 | €2,361 | +€292 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,998 | €6,369 | +€9,367 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€3,138 | €6,228 | +€9,365 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,138 | €6,228 | +€9,365 |
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 22 October 2026 via checked.be.