BERNAT Management: 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.
BERNAT Management
Largest movements
- Deferred charges and accrued income -€23,110
down €23,110 (-100%), from €23,110 to €0
- Tangible fixed assets +€17,721
up €17,721 (+65.9%), from €26,902 to €44,623
of which Other tangible fixed assets: +€38,959
- Cash +€12,470
up €12,470 (+52.2%), from €23,895 to €36,365
mainly Trade debts (+€23,514) and Deferred charges and accrued income (+€23,110)
- Receivables within one year -€2,188
down €2,188 (-3.0%), from €72,041 to €69,853
of which Trade receivables: -€5,046
- Trade debts +€23,514
up €23,514 (+309%), from €7,617 to €31,132
- Tax, wage and social debts -€16,960
down €16,960 (-41.3%), from €41,092 to €24,132
- Profit (loss) carried forward -€15,995
down €15,995 (-20.9%), from €76,634 to €60,639
- Debts after one year +€8,457
new in 2025: €8,457
- Current portion of long-term debt +€7,376
new in 2025: €7,376
- Purchases and services -€478,566
no longer reported in 2025 (was €478,566)
- Turnover -€467,019
no longer reported in 2025 (was €467,019)
- Gross operating margin -€41,913
down €41,913 (-77.4%), from €54,169 to €12,256
- Taxes -€10,353
down €10,353 (-69.9%), from €14,808 to €4,455
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 | €148,097 | €152,888 | +€4,792 | +3.2% |
| Fixed assets | 21/28 | €29,051 | €46,671 | +€17,620 | +60.7% |
| Tangible fixed assets | 22/27 | €26,902 | €44,623 | +€17,721 | +65.9% |
| Land and buildings | 22 | €17,999 | - | -€17,999 | |
| Plant, machinery and equipment | 23 | €2,670 | - | -€2,670 | |
| Furniture and vehicles | 24 | €6,233 | €5,664 | -€569 | -9.1% |
| Other tangible fixed assets | 26 | - | €38,959 | +€38,959 | |
| Financial fixed assets | 28 | €2,149 | €2,048 | -€101 | -4.7% |
| Current assets | 29/58 | €119,046 | €106,217 | -€12,829 | -10.8% |
| Amounts receivable within one year | 40/41 | €72,041 | €69,853 | -€2,188 | -3.0% |
| Trade receivables | 40 | €71,730 | €66,684 | -€5,046 | -7.0% |
| Other amounts receivable | 41 | €311 | €3,169 | +€2,858 | +919% |
| Cash at bank and in hand | 54/58 | €23,895 | €36,365 | +€12,470 | +52.2% |
| Deferred charges and accrued income | 490/1 | €23,110 | €0 | -€23,110 | -100% |
| Total equity and liabilities | 10/49 | €148,097 | €152,888 | +€4,792 | +3.2% |
| Equity | 10/15 | €97,423 | €81,427 | -€15,995 | -16.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,789 | €15,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,789 | €0 | -€15,789 | -100% |
| Reserves not available under the articles | 1311 | €15,789 | €0 | -€15,789 | -100% |
| Distributable reserves | 133 | - | €15,789 | +€15,789 | |
| Profit (loss) carried forward | 14 | €76,634 | €60,639 | -€15,995 | -20.9% |
| Amounts payable | 17/49 | €50,674 | €71,461 | +€20,787 | +41.0% |
| Amounts payable after more than one year | 17 | - | €8,457 | +€8,457 | |
| Financial debts | 170/4 | - | €8,457 | +€8,457 | |
| Amounts payable within one year | 42/48 | €48,709 | €63,004 | +€14,295 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,376 | +€7,376 | |
| Trade debts | 44 | €7,617 | €31,132 | +€23,514 | +309% |
| Suppliers | 440/4 | €7,617 | €31,132 | +€23,514 | +309% |
| Taxes, remuneration and social security | 45 | €41,092 | €24,132 | -€16,960 | -41.3% |
| Taxes | 450/3 | €41,092 | €24,132 | -€16,960 | -41.3% |
| Other amounts payable | 47/48 | - | €364 | +€364 | |
| Accrued charges and deferred income | 492/3 | €1,965 | €0 | -€1,965 | -100% |
| Turnover | 70 | €467,019 | - | -€467,019 | |
| Goods, raw materials, services and sundry goods | 60/61 | €478,566 | - | -€478,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,456 | €12,688 | +€2,232 | +21.3% |
| Other operating charges | 640/8 | €7,861 | €7,956 | +€95 | +1.2% |
| Gross operating margin | 9900 | €54,169 | €12,256 | -€41,913 | -77.4% |
| Operating profit (loss) | 9901 | €35,852 | -€8,388 | -€44,240 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,255 | €3,153 | -€2,102 | -40.0% |
| Recurring financial charges | 65 | €5,255 | €3,153 | -€2,102 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €30,597 | -€11,541 | -€42,138 | |
| Income taxes | 67/77 | €14,808 | €4,455 | -€10,353 | -69.9% |
| Profit (loss) for the period | 9904 | €15,789 | -€15,995 | -€31,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,789 | -€15,995 | -€31,784 |
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 23 October 2026 via checked.be.