BERNARD WEBER: 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 WEBER
Largest movements
- Receivables within one year -€36,859
down €36,859 (-25.7%), from €143,320 to €106,462
of which Other amounts receivable: -€30,001
- Cash -€8,636
down €8,636 (-2.5%), from €343,202 to €334,566
mainly Contributions, distributions and other (-€286,193) and Investment in fixed assets (net) (-€2,365)
- Reserves -€164,540
down €164,540 (-34.7%), from €473,823 to €309,283
of which Distributable reserves: -€164,540
- Other debts +€71,881
new in 2025: €71,881
- Tax, wage and social debts +€40,802
up €40,802 (+131.6%), from €31,012 to €71,814
of which Taxes: +€41,273
- Gross operating margin +€37,737
up €37,737 (+19.7%), from €191,888 to €229,625
- Taxes +€12,782
up €12,782 (+28.1%), from €45,554 to €58,336
- Staff costs +€2,546
up €2,546 (+7.0%), from €36,200 to €38,746
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 | €537,631 | €484,176 | -€53,455 | -9.9% |
| Fixed assets | 21/28 | €19,505 | €14,891 | -€4,614 | -23.7% |
| Tangible fixed assets | 22/27 | €13,465 | €8,851 | -€4,614 | -34.3% |
| Plant, machinery and equipment | 23 | €3,226 | €2,402 | -€824 | -25.5% |
| Furniture and vehicles | 24 | €123 | €333 | +€210 | +170.5% |
| Other tangible fixed assets | 26 | €10,116 | €6,116 | -€4,000 | -39.5% |
| Financial fixed assets | 28 | €6,040 | €6,040 | = | 0.0% |
| Current assets | 29/58 | €518,127 | €469,286 | -€48,841 | -9.4% |
| Stocks and contracts in progress | 3 | €26,590 | €24,379 | -€2,211 | -8.3% |
| Stocks | 30/36 | €26,590 | €24,379 | -€2,211 | -8.3% |
| Amounts receivable within one year | 40/41 | €143,320 | €106,462 | -€36,859 | -25.7% |
| Trade receivables | 40 | €111,848 | €104,990 | -€6,858 | -6.1% |
| Other amounts receivable | 41 | €31,472 | €1,472 | -€30,001 | -95.3% |
| Current investments | 50/53 | €1,840 | €1,840 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €343,202 | €334,566 | -€8,636 | -2.5% |
| Deferred charges and accrued income | 490/1 | €3,174 | €2,040 | -€1,135 | -35.8% |
| Total equity and liabilities | 10/49 | €537,631 | €484,176 | -€53,455 | -9.9% |
| Equity | 10/15 | €498,823 | €334,283 | -€164,540 | -33.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €473,823 | €309,283 | -€164,540 | -34.7% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €363 | €363 | = | 0.0% |
| Distributable reserves | 133 | €470,960 | €306,420 | -€164,540 | -34.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,808 | €149,893 | +€111,085 | +286.2% |
| Amounts payable within one year | 42/48 | €38,808 | €149,768 | +€110,960 | +285.9% |
| Trade debts | 44 | €7,796 | €6,073 | -€1,723 | -22.1% |
| Suppliers | 440/4 | €7,796 | €6,073 | -€1,723 | -22.1% |
| Taxes, remuneration and social security | 45 | €31,012 | €71,814 | +€40,802 | +131.6% |
| Taxes | 450/3 | €25,902 | €67,175 | +€41,273 | +159.3% |
| Remuneration and social security | 454/9 | €5,110 | €4,639 | -€471 | -9.2% |
| Other amounts payable | 47/48 | - | €71,881 | +€71,881 | |
| Accrued charges and deferred income | 492/3 | - | €125 | +€125 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €36,200 | €38,746 | +€2,546 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,069 | €6,979 | -€1,091 | -13.5% |
| Other operating charges | 640/8 | €2,073 | €4,053 | +€1,980 | +95.5% |
| Non-recurring operating charges | 66A | €4,429 | €57 | -€4,372 | -98.7% |
| Gross operating margin | 9900 | €191,888 | €229,625 | +€37,737 | +19.7% |
| Operating profit (loss) | 9901 | €141,116 | €179,790 | +€38,674 | +27.4% |
| Financial income | 75/76B | €1,789 | €679 | -€1,111 | -62.1% |
| Recurring financial income | 75 | €1,789 | €679 | -€1,111 | -62.1% |
| Financial charges | 65/66B | €717 | €479 | -€238 | -33.2% |
| Recurring financial charges | 65 | €717 | €479 | -€238 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €142,188 | €179,989 | +€37,801 | +26.6% |
| Income taxes | 67/77 | €45,554 | €58,336 | +€12,782 | +28.1% |
| Profit (loss) for the period | 9904 | €96,635 | €121,653 | +€25,019 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,635 | €121,653 | +€25,019 | +25.9% |
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 8 October 2026 via checked.be.