BERNARDO Outer: 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.
BERNARDO Outer
Largest movements
- Cash +€8,555
up €8,555 (+24.9%), from €34,381 to €42,936
mainly Net result for the year (+€31,679) and Depreciation (+€5,249)
- Tangible fixed assets +€6,031
up €6,031 (+34.0%), from €17,728 to €23,759
of which Furniture and vehicles: +€6,909
- Reserves +€31,000
up €31,000 (+28.2%), from €110,000 to €141,000
- Tax, wage and social debts -€15,344
down €15,344 (-38.8%), from €39,575 to €24,230
- Gross operating margin -€2,206
down €2,206 (-4.0%), from €54,808 to €52,602
- Depreciation +€1,753
up €1,753 (+50.1%), from €3,496 to €5,249
- Taxes -€1,017
down €1,017 (-6.4%), from €15,886 to €14,869
- Other operating charges +€964
up €964 (+455%), from €212 to €1,175
- Financial charges +€942
up €942 (+370%), from €255 to €1,196
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 | €155,980 | €171,631 | +€15,651 | +10.0% |
| Fixed assets | 21/28 | €17,728 | €23,759 | +€6,031 | +34.0% |
| Tangible fixed assets | 22/27 | €17,728 | €23,759 | +€6,031 | +34.0% |
| Plant, machinery and equipment | 23 | €7,118 | €6,240 | -€877 | -12.3% |
| Furniture and vehicles | 24 | €10,610 | €17,519 | +€6,909 | +65.1% |
| Current assets | 29/58 | €138,252 | €147,872 | +€9,620 | +7.0% |
| Amounts receivable within one year | 40/41 | €2,840 | €1,745 | -€1,095 | -38.6% |
| Other amounts receivable | 41 | €2,840 | €1,745 | -€1,095 | -38.6% |
| Current investments | 50/53 | €101,031 | €101,716 | +€685 | +0.7% |
| Cash at bank and in hand | 54/58 | €34,381 | €42,936 | +€8,555 | +24.9% |
| Deferred charges and accrued income | 490/1 | - | €1,475 | +€1,475 | |
| Total equity and liabilities | 10/49 | €155,980 | €171,631 | +€15,651 | +10.0% |
| Equity | 10/15 | €114,471 | €146,149 | +€31,679 | +27.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €110,000 | €141,000 | +€31,000 | +28.2% |
| Distributable reserves | 133 | €110,000 | €141,000 | +€31,000 | +28.2% |
| Profit (loss) carried forward | 14 | €1,471 | €2,149 | +€679 | +46.2% |
| Amounts payable | 17/49 | €41,510 | €25,482 | -€16,028 | -38.6% |
| Amounts payable within one year | 42/48 | €40,996 | €25,015 | -€15,982 | -39.0% |
| Trade debts | 44 | €1,422 | €785 | -€637 | -44.8% |
| Suppliers | 440/4 | €1,422 | €785 | -€637 | -44.8% |
| Taxes, remuneration and social security | 45 | €39,575 | €24,230 | -€15,344 | -38.8% |
| Taxes | 450/3 | €39,575 | €24,230 | -€15,344 | -38.8% |
| Accrued charges and deferred income | 492/3 | €513 | €467 | -€46 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,496 | €5,249 | +€1,753 | +50.1% |
| Other operating charges | 640/8 | €212 | €1,175 | +€964 | +455% |
| Gross operating margin | 9900 | €54,808 | €52,602 | -€2,206 | -4.0% |
| Operating profit (loss) | 9901 | €51,100 | €46,178 | -€4,923 | -9.6% |
| Financial income | 75/76B | €1,033 | €1,567 | +€533 | +51.6% |
| Recurring financial income | 75 | €1,033 | €1,567 | +€533 | +51.6% |
| Financial charges | 65/66B | €255 | €1,196 | +€942 | +370% |
| Recurring financial charges | 65 | €255 | €1,196 | +€942 | +370% |
| Profit (loss) for the period before taxes | 9903 | €51,879 | €46,548 | -€5,331 | -10.3% |
| Income taxes | 67/77 | €15,886 | €14,869 | -€1,017 | -6.4% |
| Profit (loss) for the period | 9904 | €35,993 | €31,679 | -€4,314 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,993 | €31,679 | -€4,314 | -12.0% |
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.