BERNARDI & CO: 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.
BERNARDI & CO
Largest movements
- Receivables within one year -€26,998
down €26,998 (-33.2%), from €81,413 to €54,415
of which Trade receivables: -€28,016
- Cash +€5,506
up €5,506 (+104%), from €5,313 to €10,819
mainly Receivables within one year (+€26,998) and Depreciation (+€2,062)
- Tangible fixed assets -€2,060
no longer reported in 2025 (was €2,060)
- Trade debts -€16,837
down €16,837 (-34.3%), from €49,153 to €32,316
- Other debts -€5,630
down €5,630 (-48.8%), from €11,534 to €5,904
- Debts after one year -€1,688
down €1,688 (-51.0%), from €3,311 to €1,623
- Tax, wage and social debts +€1,263
up €1,263 (+18.0%), from €7,033 to €8,296
of which Remuneration and social security: +€2,991
- Gross operating margin +€8,926
up €8,926 (+28.0%), from €31,889 to €40,815
- Other operating charges +€3,719
up €3,719 (+348%), from €1,069 to €4,788
- Staff costs -€1,582
down €1,582 (-5.0%), from €31,840 to €30,258
- Write-downs -€1,244
down €1,244 (-31.5%), from €3,946 to €2,702
- Taxes +€770
new in 2025: €770
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
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 | €91,226 | €67,674 | -€23,552 | -25.8% |
| Fixed assets | 21/28 | €4,500 | €2,440 | -€2,060 | -45.8% |
| Tangible fixed assets | 22/27 | €2,060 | - | -€2,060 | |
| Furniture and vehicles | 24 | €2,060 | - | -€2,060 | |
| Financial fixed assets | 28 | €2,440 | €2,440 | = | 0.0% |
| Current assets | 29/58 | €86,726 | €65,234 | -€21,492 | -24.8% |
| Amounts receivable within one year | 40/41 | €81,413 | €54,415 | -€26,998 | -33.2% |
| Trade receivables | 40 | €79,334 | €51,318 | -€28,016 | -35.3% |
| Other amounts receivable | 41 | €2,079 | €3,097 | +€1,018 | +49.0% |
| Cash at bank and in hand | 54/58 | €5,313 | €10,819 | +€5,506 | +104% |
| Total equity and liabilities | 10/49 | €91,226 | €67,674 | -€23,552 | -25.8% |
| Equity | 10/15 | €18,592 | €17,848 | -€744 | -4.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€744 | -€744 | |
| Amounts payable | 17/49 | €72,634 | €49,826 | -€22,808 | -31.4% |
| Amounts payable after more than one year | 17 | €3,311 | €1,623 | -€1,688 | -51.0% |
| Financial debts | 170/4 | €3,311 | €1,623 | -€1,688 | -51.0% |
| Amounts payable within one year | 42/48 | €69,323 | €48,203 | -€21,120 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €1,603 | €1,687 | +€84 | +5.2% |
| Trade debts | 44 | €49,153 | €32,316 | -€16,837 | -34.3% |
| Suppliers | 440/4 | €49,153 | €32,316 | -€16,837 | -34.3% |
| Taxes, remuneration and social security | 45 | €7,033 | €8,296 | +€1,263 | +18.0% |
| Taxes | 450/3 | €2,498 | €770 | -€1,728 | -69.2% |
| Remuneration and social security | 454/9 | €4,535 | €7,526 | +€2,991 | +66.0% |
| Other amounts payable | 47/48 | €11,534 | €5,904 | -€5,630 | -48.8% |
| Remuneration, social security and pensions | 62 | €31,840 | €30,258 | -€1,582 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,731 | €2,062 | -€669 | -24.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,946 | €2,702 | -€1,244 | -31.5% |
| Other operating charges | 640/8 | €1,069 | €4,788 | +€3,719 | +348% |
| Gross operating margin | 9900 | €31,889 | €40,815 | +€8,926 | +28.0% |
| Operating profit (loss) | 9901 | -€7,697 | €1,005 | +€8,702 | |
| Financial charges | 65/66B | €1,229 | €979 | -€250 | -20.3% |
| Recurring financial charges | 65 | €1,229 | €979 | -€250 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,926 | €26 | +€8,952 | |
| Income taxes | 67/77 | - | €770 | +€770 | |
| Profit (loss) for the period | 9904 | -€8,926 | -€744 | +€8,182 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,926 | -€744 | +€8,182 | +91.7% |
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 15 October 2026 via checked.be.