BERNARD T.SERVICES: 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 T.SERVICES
Largest movements
- Cash -€104,543
down €104,543 (-36.3%), from €288,013 to €183,470
mainly Debts after one year (-€95,846) and Current investments (-€77,546)
- Tangible fixed assets -€78,005
down €78,005 (-7.8%), from €1.0m to €924,044
of which Land and buildings: -€77,676
- Current investments +€77,546
up €77,546 (+17.8%), from €435,430 to €512,977
- Debts after one year -€95,846
down €95,846 (-3.6%), from €2.7m to €2.6m
- Profit (loss) carried forward -€41,445
down €41,445 (-5.1%), from -€808,154 to -€849,599
- Taxes -€29,382
down €29,382 (-100.0%), from €29,382 to €0
- Other operating charges -€8,230
down €8,230 (-39.7%), from €20,716 to €12,485
- Gross operating margin +€6,322
up €6,322 (+17.4%), from €36,283 to €42,605
- Financial income +€5,064
up €5,064 (+354.0%), from €1,430 to €6,495
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 | €2,854,017 | €2,722,538 | -€131,479 | -4.6% |
| Fixed assets | 21/28 | €1,752,799 | €1,674,794 | -€78,005 | -4.5% |
| Tangible fixed assets | 22/27 | €1,002,049 | €924,044 | -€78,005 | -7.8% |
| Land and buildings | 22 | €985,523 | €907,847 | -€77,676 | -7.9% |
| Furniture and vehicles | 24 | €16,527 | €16,197 | -€329 | -2.0% |
| Financial fixed assets | 28 | €750,750 | €750,750 | = | 0.0% |
| Current assets | 29/58 | €1,101,218 | €1,047,744 | -€53,474 | -4.9% |
| Stocks and contracts in progress | 3 | €338,800 | €338,800 | = | 0.0% |
| Stocks | 30/36 | €338,800 | €338,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,383 | €11,871 | -€26,511 | -69.1% |
| Trade receivables | 40 | €2,400 | €8,746 | +€6,346 | +264.4% |
| Other amounts receivable | 41 | €35,983 | €3,125 | -€32,857 | -91.3% |
| Current investments | 50/53 | €435,430 | €512,977 | +€77,546 | +17.8% |
| Cash at bank and in hand | 54/58 | €288,013 | €183,470 | -€104,543 | -36.3% |
| Deferred charges and accrued income | 490/1 | €592 | €626 | +€34 | +5.8% |
| Total equity and liabilities | 10/49 | €2,854,017 | €2,722,538 | -€131,479 | -4.6% |
| Equity | 10/15 | €157,466 | €116,021 | -€41,445 | -26.3% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Revaluation surpluses | 12 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €5,620 | €5,620 | = | 0.0% |
| Distributable reserves | 133 | €5,620 | €5,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€808,154 | -€849,599 | -€41,445 | -5.1% |
| Amounts payable | 17/49 | €2,696,551 | €2,606,517 | -€90,034 | -3.3% |
| Amounts payable after more than one year | 17 | €2,694,498 | €2,598,652 | -€95,846 | -3.6% |
| Other amounts payable | 178/9 | €2,694,498 | €2,598,652 | -€95,846 | -3.6% |
| Amounts payable within one year | 42/48 | €1,979 | €7,866 | +€5,886 | +297.4% |
| Trade debts | 44 | €1,979 | €7,866 | +€5,886 | +297.4% |
| Suppliers | 440/4 | €1,979 | €7,866 | +€5,886 | +297.4% |
| Accrued charges and deferred income | 492/3 | €74 | €0 | -€74 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,005 | €78,005 | = | 0.0% |
| Other operating charges | 640/8 | €20,716 | €12,485 | -€8,230 | -39.7% |
| Non-recurring operating charges | 66A | €2,938 | €0 | -€2,938 | -100.0% |
| Gross operating margin | 9900 | €36,283 | €42,605 | +€6,322 | +17.4% |
| Operating profit (loss) | 9901 | -€65,377 | -€47,886 | +€17,491 | +26.8% |
| Financial income | 75/76B | €1,430 | €6,495 | +€5,064 | +354.0% |
| Recurring financial income | 75 | €1,430 | €6,495 | +€5,064 | +354.0% |
| Financial charges | 65/66B | €163 | €54 | -€109 | -66.8% |
| Recurring financial charges | 65 | €163 | €54 | -€109 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | -€64,109 | -€41,445 | +€22,664 | +35.4% |
| Income taxes | 67/77 | €29,382 | €0 | -€29,382 | -100.0% |
| Profit (loss) for the period | 9904 | -€93,492 | -€41,445 | +€52,046 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,492 | -€41,445 | +€52,046 | +55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.