BERNIER: 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.
BERNIER
Largest movements
- Tangible fixed assets -€22,489
down €22,489 (-4.2%), from €537,537 to €515,049
of which Plant, machinery and equipment: -€14,419
- Receivables within one year -€18,268
down €18,268 (-28.8%), from €63,439 to €45,171
of which Trade receivables: -€14,557
- Cash -€10,295
down €10,295 (-8.1%), from €127,573 to €117,278
mainly Investment in fixed assets (net) (-€45,139) and Trade debts (-€45,076)
- Deferred charges and accrued income -€10,169
down €10,169 (-100.0%), from €10,169 to €0
- Trade debts -€45,076
down €45,076 (-54.1%), from €83,390 to €38,313
- Investment grants -€17,716
down €17,716 (-9.4%), from €189,179 to €171,464
- Profit (loss) carried forward +€9,663
up €9,663 (+5.5%), from €176,688 to €186,351
- Debts after one year -€8,925
down €8,925 (-21.3%), from €41,991 to €33,066
- Gross operating margin +€30,953
up €30,953 (+56.6%), from €54,640 to €85,593
- Financial income +€17,868
up €17,868 (+2148.4%), from €832 to €18,699
- Depreciation +€7,259
up €7,259 (+11.6%), from €62,552 to €69,811
- Taxes +€5,008
up €5,008 (+1361.2%), from €368 to €5,376
- Other operating charges +€2,554
up €2,554 (+18.8%), from €13,571 to €16,124
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 | €748,161 | €684,570 | -€63,591 | -8.5% |
| Fixed assets | 21/28 | €546,029 | €521,357 | -€24,672 | -4.5% |
| Intangible fixed assets | 21 | €8,491 | €6,308 | -€2,183 | -25.7% |
| Tangible fixed assets | 22/27 | €537,537 | €515,049 | -€22,489 | -4.2% |
| Land and buildings | 22 | €429,622 | €428,216 | -€1,406 | -0.3% |
| Plant, machinery and equipment | 23 | €93,514 | €79,095 | -€14,419 | -15.4% |
| Furniture and vehicles | 24 | €14,401 | €7,737 | -€6,663 | -46.3% |
| Current assets | 29/58 | €202,132 | €163,213 | -€38,919 | -19.3% |
| Stocks and contracts in progress | 3 | €951 | €764 | -€187 | -19.7% |
| Stocks | 30/36 | €951 | €764 | -€187 | -19.7% |
| Amounts receivable within one year | 40/41 | €63,439 | €45,171 | -€18,268 | -28.8% |
| Trade receivables | 40 | €37,630 | €23,074 | -€14,557 | -38.7% |
| Other amounts receivable | 41 | €25,809 | €22,097 | -€3,712 | -14.4% |
| Cash at bank and in hand | 54/58 | €127,573 | €117,278 | -€10,295 | -8.1% |
| Deferred charges and accrued income | 490/1 | €10,169 | €0 | -€10,169 | -100.0% |
| Total equity and liabilities | 10/49 | €748,161 | €684,570 | -€63,591 | -8.5% |
| Equity | 10/15 | €373,927 | €365,874 | -€8,052 | -2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,688 | €186,351 | +€9,663 | +5.5% |
| Investment grants | 15 | €189,179 | €171,464 | -€17,716 | -9.4% |
| Amounts payable | 17/49 | €374,234 | €318,696 | -€55,539 | -14.8% |
| Amounts payable after more than one year | 17 | €41,991 | €33,066 | -€8,925 | -21.3% |
| Financial debts | 170/4 | €41,991 | €33,066 | -€8,925 | -21.3% |
| Amounts payable within one year | 42/48 | €317,338 | €270,347 | -€46,991 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €9,647 | €8,925 | -€722 | -7.5% |
| Trade debts | 44 | €83,390 | €38,313 | -€45,076 | -54.1% |
| Suppliers | 440/4 | €83,390 | €38,313 | -€45,076 | -54.1% |
| Taxes, remuneration and social security | 45 | €12,300 | €6,000 | -€6,300 | -51.2% |
| Taxes | 450/3 | €3,300 | €0 | -€3,300 | -100.0% |
| Remuneration and social security | 454/9 | €9,000 | €6,000 | -€3,000 | -33.3% |
| Other amounts payable | 47/48 | €212,001 | €217,108 | +€5,107 | +2.4% |
| Accrued charges and deferred income | 492/3 | €14,906 | €15,283 | +€377 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,552 | €69,811 | +€7,259 | +11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,476 | - | -€1,476 | |
| Other operating charges | 640/8 | €13,571 | €16,124 | +€2,554 | +18.8% |
| Gross operating margin | 9900 | €54,640 | €85,593 | +€30,953 | +56.6% |
| Operating profit (loss) | 9901 | -€22,958 | -€342 | +€22,616 | +98.5% |
| Financial income | 75/76B | €832 | €18,699 | +€17,868 | +2148.4% |
| Recurring financial income | 75 | €832 | €18,699 | +€17,868 | +2148.4% |
| Financial charges | 65/66B | €2,985 | €2,485 | -€500 | -16.8% |
| Recurring financial charges | 65 | €2,985 | €2,485 | -€500 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,111 | €15,873 | +€40,984 | |
| Income taxes | 67/77 | €368 | €5,376 | +€5,008 | +1361.2% |
| Profit (loss) for the period | 9904 | -€25,479 | €10,496 | +€35,975 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,479 | €10,496 | +€35,975 |
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.