BERNARDON M: 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.
BERNARDON M
Largest movements
- Receivables within one year +€23,107
up €23,107 (+105.6%), from €21,885 to €44,993
of which Trade receivables: +€23,439
- Deferred charges and accrued income -€3,587
down €3,587 (-7.0%), from €51,331 to €47,744
- Cash -€3,505
down €3,505 (-61.9%), from €5,661 to €2,156
mainly Debts after one year (-€37,049) and Receivables within one year (-€23,107)
- Debts after one year -€37,049
down €37,049 (-55.8%), from €66,342 to €29,293
- Other debts +€35,754
new in 2024: €35,754
- Short-term financial debts +€24,860
new in 2024: €24,860
- Profit (loss) carried forward +€16,092
no longer reported in 2024 (was -€16,092)
- Reserves -€15,704
down €15,704 (-37.0%), from €42,428 to €26,725
- Gross operating margin +€25,230
up €25,230 (+17.5%), from €144,001 to €169,231
- Staff costs +€19,747
up €19,747 (+15.4%), from €128,214 to €147,961
- Financial income +€5,632
up €5,632 (+1534.2%), from €367 to €5,999
- Depreciation -€2,313
down €2,313 (-22.6%), from €10,223 to €7,910
- Taxes +€2,035
up €2,035 (+627.3%), from €324 to €2,360
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,968 | €283,176 | +€15,208 | +5.7% |
| Fixed assets | 21/28 | €22,690 | €22,948 | +€258 | +1.1% |
| Tangible fixed assets | 22/27 | €22,690 | €22,948 | +€258 | +1.1% |
| Land and buildings | 22 | €2,716 | €2,043 | -€673 | -24.8% |
| Plant, machinery and equipment | 23 | €12,422 | €8,543 | -€3,879 | -31.2% |
| Furniture and vehicles | 24 | €7,551 | €12,362 | +€4,810 | +63.7% |
| Current assets | 29/58 | €245,278 | €260,229 | +€14,951 | +6.1% |
| Stocks and contracts in progress | 3 | €166,401 | €165,336 | -€1,065 | -0.6% |
| Stocks | 30/36 | €151,508 | €154,376 | +€2,868 | +1.9% |
| Contracts in progress | 37 | €14,893 | €10,960 | -€3,933 | -26.4% |
| Amounts receivable within one year | 40/41 | €21,885 | €44,993 | +€23,107 | +105.6% |
| Trade receivables | 40 | €20,829 | €44,268 | +€23,439 | +112.5% |
| Other amounts receivable | 41 | €1,057 | €725 | -€332 | -31.4% |
| Cash at bank and in hand | 54/58 | €5,661 | €2,156 | -€3,505 | -61.9% |
| Deferred charges and accrued income | 490/1 | €51,331 | €47,744 | -€3,587 | -7.0% |
| Total equity and liabilities | 10/49 | €267,968 | €283,176 | +€15,208 | +5.7% |
| Equity | 10/15 | €44,929 | €45,317 | +€388 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,428 | €26,725 | -€15,704 | -37.0% |
| Distributable reserves | 133 | €42,428 | €26,725 | -€15,704 | -37.0% |
| Profit (loss) carried forward | 14 | -€16,092 | - | +€16,092 | |
| Amounts payable | 17/49 | €223,039 | €237,860 | +€14,821 | +6.6% |
| Amounts payable after more than one year | 17 | €66,342 | €29,293 | -€37,049 | -55.8% |
| Financial debts | 170/4 | €66,342 | €29,293 | -€37,049 | -55.8% |
| Amounts payable within one year | 42/48 | €156,698 | €208,567 | +€51,870 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €50,858 | €52,434 | +€1,576 | +3.1% |
| Financial debts | 43 | - | €24,860 | +€24,860 | |
| Credit institutions | 430/8 | - | €24,860 | +€24,860 | |
| Trade debts | 44 | €88,031 | €75,772 | -€12,259 | -13.9% |
| Suppliers | 440/4 | €88,031 | €75,772 | -€12,259 | -13.9% |
| Taxes, remuneration and social security | 45 | €17,809 | €19,747 | +€1,939 | +10.9% |
| Taxes | 450/3 | €9,255 | €7,451 | -€1,804 | -19.5% |
| Remuneration and social security | 454/9 | €8,553 | €12,297 | +€3,743 | +43.8% |
| Other amounts payable | 47/48 | - | €35,754 | +€35,754 | |
| Remuneration, social security and pensions | 62 | €128,214 | €147,961 | +€19,747 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,223 | €7,910 | -€2,313 | -22.6% |
| Other operating charges | 640/8 | €4,327 | €4,489 | +€162 | +3.7% |
| Gross operating margin | 9900 | €144,001 | €169,231 | +€25,230 | +17.5% |
| Operating profit (loss) | 9901 | €1,237 | €8,871 | +€7,634 | +617.2% |
| Financial income | 75/76B | €367 | €5,999 | +€5,632 | +1534.2% |
| Recurring financial income | 75 | €367 | €5,999 | +€5,632 | +1534.2% |
| Financial charges | 65/66B | €12,350 | €12,123 | -€227 | -1.8% |
| Recurring financial charges | 65 | €12,070 | €11,323 | -€746 | -6.2% |
| Non-recurring financial charges | 66B | €281 | €800 | +€519 | +185.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,746 | €2,747 | +€13,493 | |
| Income taxes | 67/77 | €324 | €2,360 | +€2,035 | +627.3% |
| Profit (loss) for the period | 9904 | -€11,071 | €388 | +€11,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,071 | €388 | +€11,458 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.