BERNARD VANCLOOSTER: 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 VANCLOOSTER
Largest movements
- Cash -€14,189
down €14,189 (-64.4%), from €22,018 to €7,829
mainly Other debts (-€8,766) and Tax, wage and social debts (-€5,616)
- Other debts -€8,766
no longer reported in 2026 (was €8,766)
- Gross operating margin -€9,224
down €9,224 (-37.1%), from €24,832 to €15,608
- Taxes -€5,954
down €5,954 (-99.3%), from €5,993 to €39
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,268 | €673,079 | -€12,189 | -1.8% |
| Fixed assets | 21/28 | €663,250 | €663,250 | = | 0.0% |
| Financial fixed assets | 28 | €663,250 | €663,250 | = | 0.0% |
| Current assets | 29/58 | €22,018 | €9,829 | -€12,189 | -55.4% |
| Amounts receivable within one year | 40/41 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €22,018 | €7,829 | -€14,189 | -64.4% |
| Total equity and liabilities | 10/49 | €685,268 | €673,079 | -€12,189 | -1.8% |
| Equity | 10/15 | €377,303 | €380,179 | +€2,876 | +0.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €131,695 | €131,695 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €116,695 | €116,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,608 | €98,484 | +€2,876 | +3.0% |
| Amounts payable | 17/49 | €307,965 | €292,900 | -€15,065 | -4.9% |
| Amounts payable within one year | 42/48 | €307,965 | €292,900 | -€15,065 | -4.9% |
| Financial debts | 43 | €292,900 | €292,900 | = | 0.0% |
| Other loans | 439 | €292,900 | €292,900 | = | 0.0% |
| Trade debts | 44 | €683 | - | -€683 | |
| Suppliers | 440/4 | €683 | - | -€683 | |
| Taxes, remuneration and social security | 45 | €5,616 | - | -€5,616 | |
| Taxes | 450/3 | €5,616 | - | -€5,616 | |
| Other amounts payable | 47/48 | €8,766 | - | -€8,766 | |
| Other operating charges | 640/8 | €681 | €698 | +€17 | +2.5% |
| Gross operating margin | 9900 | €24,832 | €15,608 | -€9,224 | -37.1% |
| Operating profit (loss) | 9901 | €24,151 | €14,910 | -€9,241 | -38.3% |
| Financial charges | 65/66B | €11,994 | €11,995 | +€1 | 0.0% |
| Recurring financial charges | 65 | €11,994 | €11,995 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €12,157 | €2,915 | -€9,242 | -76.0% |
| Income taxes | 67/77 | €5,993 | €39 | -€5,954 | -99.3% |
| Profit (loss) for the period | 9904 | €6,164 | €2,876 | -€3,288 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,164 | €2,876 | -€3,288 | -53.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.