BERNIC: 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.
BERNIC
Largest movements
- Tangible fixed assets -€637,909
down €637,909 (-4.2%), from €15.2m to €14.6m
of which Assets under construction and advance payments: -€626,214
- Debts after one year -€1.1m
down €1.1m (-13.3%), from €8.2m to €7.1m
- Reserves +€378,301
up €378,301 (+17.2%), from €2.2m to €2.6m
of which Distributable reserves: +€378,301
- Financial charges -€52,173
down €52,173 (-13.7%), from €381,897 to €329,724
- Taxes +€15,030
up €15,030 (+13.2%), from €113,825 to €128,855
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 | €15,395,427 | €14,666,454 | -€728,973 | -4.7% |
| Fixed assets | 21/28 | €15,203,117 | €14,565,208 | -€637,909 | -4.2% |
| Tangible fixed assets | 22/27 | €15,203,117 | €14,565,208 | -€637,909 | -4.2% |
| Land and buildings | 22 | €11,695 | - | -€11,695 | |
| Assets under construction and advance payments | 27 | €15,191,422 | €14,565,208 | -€626,214 | -4.1% |
| Current assets | 29/58 | €192,310 | €101,246 | -€91,064 | -47.4% |
| Cash at bank and in hand | 54/58 | €184,663 | €93,540 | -€91,123 | -49.3% |
| Deferred charges and accrued income | 490/1 | €7,647 | €7,706 | +€59 | +0.8% |
| Total equity and liabilities | 10/49 | €15,395,427 | €14,666,454 | -€728,973 | -4.7% |
| Equity | 10/15 | €2,904,384 | €3,282,685 | +€378,301 | +13.0% |
| Contributions | 10/11 | €701,715 | €701,715 | = | 0.0% |
| Capital | 10 | €701,715 | €701,715 | = | 0.0% |
| Issued capital | 100 | €701,715 | €701,715 | = | 0.0% |
| Reserves | 13 | €2,202,669 | €2,580,970 | +€378,301 | +17.2% |
| Non-distributable reserves | 130/1 | €70,172 | €70,172 | = | 0.0% |
| Legal reserve | 130 | €70,172 | €70,172 | = | 0.0% |
| Distributable reserves | 133 | €2,132,497 | €2,510,798 | +€378,301 | +17.7% |
| Amounts payable | 17/49 | €12,491,043 | €11,383,769 | -€1.1m | -8.9% |
| Amounts payable after more than one year | 17 | €8,244,791 | €7,145,486 | -€1.1m | -13.3% |
| Financial debts | 170/4 | €8,244,791 | €7,145,486 | -€1.1m | -13.3% |
| Amounts payable within one year | 42/48 | €4,246,252 | €4,238,283 | -€7,969 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €1,099,306 | €1,099,306 | = | 0.0% |
| Trade debts | 44 | €2,250 | €73 | -€2,177 | -96.7% |
| Suppliers | 440/4 | €2,250 | €73 | -€2,177 | -96.7% |
| Taxes, remuneration and social security | 45 | €41,941 | €53,782 | +€11,841 | +28.2% |
| Taxes | 450/3 | €41,941 | €53,782 | +€11,841 | +28.2% |
| Other amounts payable | 47/48 | €3,102,756 | €3,085,123 | -€17,633 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647,649 | €637,909 | -€9,740 | -1.5% |
| Other operating charges | 640/8 | €1,023 | €1,040 | +€17 | +1.7% |
| Gross operating margin | 9900 | €1,475,408 | €1,475,585 | +€177 | 0.0% |
| Operating profit (loss) | 9901 | €826,736 | €836,636 | +€9,900 | +1.2% |
| Financial income | 75/76B | €124 | €244 | +€120 | +97.0% |
| Recurring financial income | 75 | €124 | €244 | +€120 | +97.0% |
| Financial charges | 65/66B | €381,897 | €329,724 | -€52,173 | -13.7% |
| Recurring financial charges | 65 | €381,897 | €329,724 | -€52,173 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €444,963 | €507,156 | +€62,193 | +14.0% |
| Income taxes | 67/77 | €113,825 | €128,855 | +€15,030 | +13.2% |
| Profit (loss) for the period | 9904 | €331,138 | €378,301 | +€47,163 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €331,138 | €378,301 | +€47,163 | +14.2% |
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 1 October 2026 via checked.be.