BERNDI: 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.
BERNDI
Largest movements
- Receivables within one year +€83,944
up €83,944, from €0 to €83,944
of which Trade receivables: +€83,244
- Current investments -€63,976
down €63,976 (-43.6%), from €146,706 to €82,729
- Tangible fixed assets +€51,531
up €51,531 (+462.6%), from €11,139 to €62,669
- Cash +€29,880
up €29,880 (+53.2%), from €56,157 to €86,037
mainly Net result for the year (+€88,696) and Current investments (+€63,976)
- Reserves +€57,657
up €57,657 (+28.2%), from €204,531 to €262,188
- Tax, wage and social debts +€23,517
up €23,517 (+451.1%), from €5,214 to €28,730
- Debts after one year +€13,692
new in 2025: €13,692
- Current portion of long-term debt +€9,890
new in 2025: €9,890
- Other debts -€4,364
down €4,364 (-100.0%), from €4,364 to €0
- Gross operating margin +€98,522
up €98,522 (+343.1%), from €28,713 to €127,235
- Taxes +€36,563
up €36,563 (+943.5%), from €3,875 to €40,438
- Financial income +€21,034
up €21,034 (+678.4%), from €3,101 to €24,135
- Financial charges +€8,528
up €8,528 (+2182.1%), from €391 to €8,919
- Depreciation -€6,819
down €6,819 (-36.5%), from €18,698 to €11,879
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.
Cash bridge derived
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 | €215,732 | €317,316 | +€101,584 | +47.1% |
| Fixed assets | 21/28 | €11,139 | €62,669 | +€51,531 | +462.6% |
| Tangible fixed assets | 22/27 | €11,139 | €62,669 | +€51,531 | +462.6% |
| Furniture and vehicles | 24 | €11,139 | €62,669 | +€51,531 | +462.6% |
| Current assets | 29/58 | €204,593 | €254,646 | +€50,053 | +24.5% |
| Amounts receivable within one year | 40/41 | €0 | €83,944 | +€83,944 | |
| Trade receivables | 40 | - | €83,244 | +€83,244 | |
| Other amounts receivable | 41 | €0 | €700 | +€700 | |
| Current investments | 50/53 | €146,706 | €82,729 | -€63,976 | -43.6% |
| Cash at bank and in hand | 54/58 | €56,157 | €86,037 | +€29,880 | +53.2% |
| Deferred charges and accrued income | 490/1 | €1,731 | €1,936 | +€205 | +11.8% |
| Total equity and liabilities | 10/49 | €215,732 | €317,316 | +€101,584 | +47.1% |
| Equity | 10/15 | €204,531 | €262,188 | +€57,657 | +28.2% |
| Reserves | 13 | €204,531 | €262,188 | +€57,657 | +28.2% |
| Distributable reserves | 133 | €204,531 | €262,188 | +€57,657 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,201 | €55,128 | +€43,927 | +392.2% |
| Amounts payable after more than one year | 17 | - | €13,692 | +€13,692 | |
| Financial debts | 170/4 | - | €13,692 | +€13,692 | |
| Amounts payable within one year | 42/48 | €11,201 | €41,436 | +€30,236 | +269.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,890 | +€9,890 | |
| Trade debts | 44 | €1,624 | €2,816 | +€1,193 | +73.5% |
| Suppliers | 440/4 | €1,624 | €2,816 | +€1,193 | +73.5% |
| Taxes, remuneration and social security | 45 | €5,214 | €28,730 | +€23,517 | +451.1% |
| Taxes | 450/3 | €5,214 | €28,730 | +€23,517 | +451.1% |
| Other amounts payable | 47/48 | €4,364 | €0 | -€4,364 | -100.0% |
| Non-recurring operating income | 76A | - | €9,759 | +€9,759 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,698 | €11,879 | -€6,819 | -36.5% |
| Other operating charges | 640/8 | €1,817 | €1,438 | -€378 | -20.8% |
| Non-recurring operating charges | 66A | €514 | €0 | -€514 | -100.0% |
| Gross operating margin | 9900 | €28,713 | €127,235 | +€98,522 | +343.1% |
| Operating profit (loss) | 9901 | €7,685 | €113,918 | +€106,234 | +1382.4% |
| Financial income | 75/76B | €3,101 | €24,135 | +€21,034 | +678.4% |
| Recurring financial income | 75 | €3,101 | €24,135 | +€21,034 | +678.4% |
| Financial charges | 65/66B | €391 | €8,919 | +€8,528 | +2182.1% |
| Recurring financial charges | 65 | €391 | €8,919 | +€8,528 | +2182.1% |
| Profit (loss) for the period before taxes | 9903 | €10,395 | €129,134 | +€118,740 | +1142.3% |
| Income taxes | 67/77 | €3,875 | €40,438 | +€36,563 | +943.5% |
| Profit (loss) for the period | 9904 | €6,519 | €88,696 | +€82,176 | +1260.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,519 | €88,696 | +€82,176 | +1260.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.