BERNARDUS: 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.
BERNARDUS
Largest movements
- Tangible fixed assets -€7,096
down €7,096 (-14.5%), from €48,786 to €41,690
of which Plant, machinery and equipment: -€5,961
- Cash +€5,025
up €5,025 (+4.3%), from €118,026 to €123,051
mainly Depreciation (+€22,958) and Tax, wage and social debts (+€10,491)
- Receivables within one year +€4,434
up €4,434 (+9.5%), from €46,815 to €51,249
of which Other amounts receivable: +€26,148
- Tax, wage and social debts +€10,491
up €10,491 (+55.2%), from €18,992 to €29,483
- Other debts -€5,640
no longer reported in 2025 (was €5,640)
- Reserves -€3,193
down €3,193 (-1.8%), from €173,344 to €170,151
of which Distributable reserves: -€3,193
- Gross operating margin -€30,351
down €30,351 (-53.5%), from €56,764 to €26,412
- Taxes -€8,733
down €8,733 (-75.3%), from €11,596 to €2,863
- Financial charges +€2,281
up €2,281 (+3,563%), from €64 to €2,345
- Financial income +€684
up €684 (+267%), from €256 to €940
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 | €218,854 | €219,590 | +€736 | +0.3% |
| Fixed assets | 21/28 | €51,445 | €42,053 | -€9,392 | -18.3% |
| Intangible fixed assets | 21 | €379 | €83 | -€296 | -78.2% |
| Tangible fixed assets | 22/27 | €48,786 | €41,690 | -€7,096 | -14.5% |
| Land and buildings | 22 | €3,184 | €1,255 | -€1,929 | -60.6% |
| Plant, machinery and equipment | 23 | €38,987 | €33,026 | -€5,961 | -15.3% |
| Furniture and vehicles | 24 | €5,333 | €4,452 | -€881 | -16.5% |
| Other tangible fixed assets | 26 | €1,282 | €2,957 | +€1,675 | +131% |
| Financial fixed assets | 28 | €2,280 | €280 | -€2,000 | -87.7% |
| Current assets | 29/58 | €167,409 | €177,537 | +€10,128 | +6.0% |
| Amounts receivable within one year | 40/41 | €46,815 | €51,249 | +€4,434 | +9.5% |
| Trade receivables | 40 | €46,815 | €25,101 | -€21,714 | -46.4% |
| Other amounts receivable | 41 | - | €26,148 | +€26,148 | |
| Cash at bank and in hand | 54/58 | €118,026 | €123,051 | +€5,025 | +4.3% |
| Deferred charges and accrued income | 490/1 | €2,568 | €3,237 | +€669 | +26.0% |
| Total equity and liabilities | 10/49 | €218,854 | €219,590 | +€736 | +0.3% |
| Equity | 10/15 | €191,944 | €188,751 | -€3,193 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €173,344 | €170,151 | -€3,193 | -1.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €978 | €978 | = | 0.0% |
| Distributable reserves | 133 | €170,506 | €167,313 | -€3,193 | -1.9% |
| Amounts payable | 17/49 | €26,911 | €30,839 | +€3,928 | +14.6% |
| Amounts payable within one year | 42/48 | €26,911 | €30,839 | +€3,928 | +14.6% |
| Trade debts | 44 | €2,279 | €1,356 | -€923 | -40.5% |
| Suppliers | 440/4 | €2,279 | €1,356 | -€923 | -40.5% |
| Taxes, remuneration and social security | 45 | €18,992 | €29,483 | +€10,491 | +55.2% |
| Taxes | 450/3 | €18,992 | €29,483 | +€10,491 | +55.2% |
| Other amounts payable | 47/48 | €5,640 | - | -€5,640 | |
| Non-recurring operating income | 76A | €18,000 | - | -€18,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,169 | €22,958 | -€211 | -0.9% |
| Other operating charges | 640/8 | €2,376 | €2,379 | +€3 | +0.1% |
| Gross operating margin | 9900 | €56,764 | €26,412 | -€30,351 | -53.5% |
| Operating profit (loss) | 9901 | €31,219 | €1,076 | -€30,143 | -96.6% |
| Financial income | 75/76B | €256 | €940 | +€684 | +267% |
| Recurring financial income | 75 | €256 | €940 | +€684 | +267% |
| Financial charges | 65/66B | €64 | €2,345 | +€2,281 | +3,563% |
| Recurring financial charges | 65 | €64 | €2,345 | +€2,281 | +3,563% |
| Profit (loss) for the period before taxes | 9903 | €31,411 | -€329 | -€31,740 | |
| Income taxes | 67/77 | €11,596 | €2,863 | -€8,733 | -75.3% |
| Profit (loss) for the period | 9904 | €19,815 | -€3,193 | -€23,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,815 | -€3,193 | -€23,007 |
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 24 October 2026 via checked.be.