BERTRAND et Co: what changed
What changed
BERTRAND et Co
filed annual accounts (NBB)
Net result for the year
-€7,370
2024 · €2,815-€10,185
Equity
€93,647
2024 · €101,018-€7,370
Cash
€306
2024 · €461-€155
Balance sheet total
€128,673
2024 · €123,543+€5,130
Largest movements
Assets
- Receivables within one year +€5,765
up €5,765 (+19.2%), from €30,097 to €35,862
Equity and liabilities
- Other debts +€12,500
up €12,500 (+55.5%), from €22,525 to €35,025
- Profit (loss) carried forward -€7,370
down €7,370 (-10.5%), from -€70,160 to -€77,530
Income statement
- Other operating charges +€5,592
up €5,592 (+203%), from €2,749 to €8,341
- Gross operating margin -€3,059
down €3,059 (-66.7%), from €4,588 to €1,529
- Financial income -€2,233
no longer reported in 2025 (was €2,233)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,815
Gross operating margin
-€3,059
Other operating charges
-€5,592
Other operating items
+€701
Financial income
-€2,233
Financial charges
-€2
Result 2025
-€7,370
lowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€155
Investment
€0
Financing
€0
Cash 2024
€461
From operations (derived)
-€155
Net result for the year
-€7,370
Depreciation
+€480
Receivables within one year
-€5,765
Other debts
+€12,500
Cash 2025
€306
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,543 | €128,673 | +€5,130 | +4.2% |
| Fixed assets | 21/28 | €92,986 | €92,506 | -€480 | -0.5% |
| Tangible fixed assets | 22/27 | €92,986 | €92,506 | -€480 | -0.5% |
| Land and buildings | 22 | €91,580 | €91,580 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,405 | €925 | -€480 | -34.2% |
| Current assets | 29/58 | €30,557 | €36,167 | +€5,610 | +18.4% |
| Amounts receivable within one year | 40/41 | €30,097 | €35,862 | +€5,765 | +19.2% |
| Other amounts receivable | 41 | €30,097 | €35,862 | +€5,765 | +19.2% |
| Cash at bank and in hand | 54/58 | €461 | €306 | -€155 | -33.7% |
| Total equity and liabilities | 10/49 | €123,543 | €128,673 | +€5,130 | +4.2% |
| Equity | 10/15 | €101,018 | €93,647 | -€7,370 | -7.3% |
| Contributions | 10/11 | €44,869 | €44,869 | = | 0.0% |
| Capital | 10 | €44,869 | €44,869 | = | 0.0% |
| Issued capital | 100 | €44,869 | €44,869 | = | 0.0% |
| Revaluation surpluses | 12 | €68,266 | €68,266 | = | 0.0% |
| Reserves | 13 | €58,042 | €58,042 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,247 | €3,247 | = | 0.0% |
| Legal reserve | 130 | €3,247 | €3,247 | = | 0.0% |
| Distributable reserves | 133 | €54,795 | €54,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,160 | -€77,530 | -€7,370 | -10.5% |
| Amounts payable | 17/49 | €22,525 | €35,025 | +€12,500 | +55.5% |
| Amounts payable within one year | 42/48 | €22,525 | €35,025 | +€12,500 | +55.5% |
| Other amounts payable | 47/48 | €22,525 | €35,025 | +€12,500 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €480 | €480 | = | 0.0% |
| Other operating charges | 640/8 | €2,749 | €8,341 | +€5,592 | +203% |
| Non-recurring operating charges | 66A | €701 | - | -€701 | |
| Gross operating margin | 9900 | €4,588 | €1,529 | -€3,059 | -66.7% |
| Operating profit (loss) | 9901 | €658 | -€7,292 | -€7,950 | |
| Financial income | 75/76B | €2,233 | - | -€2,233 | |
| Recurring financial income | 75 | €2,233 | - | -€2,233 | |
| Financial charges | 65/66B | €77 | €78 | +€2 | +2.0% |
| Recurring financial charges | 65 | €77 | €78 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €2,815 | -€7,370 | -€10,185 | |
| Profit (loss) for the period | 9904 | €2,815 | -€7,370 | -€10,185 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,815 | -€7,370 | -€10,185 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.