CHEZ BERNARD: 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.
CHEZ BERNARD
Largest movements
- Cash +€101,240
up €101,240 (+53.8%), from €188,283 to €289,524
mainly Net result for the year (+€109,943) and Depreciation (+€53,888)
- Tangible fixed assets -€56,732
down €56,732 (-25.9%), from €218,852 to €162,120
- Receivables within one year +€22,682
up €22,682 (+110%), from €20,537 to €43,220
of which Other amounts receivable: +€12,277
- Reserves +€81,455
up €81,455 (+40.2%), from €202,830 to €284,285
- Debts after one year -€32,260
down €32,260 (-56.6%), from €57,045 to €24,784
- Tax, wage and social debts +€31,022
up €31,022 (+53.4%), from €58,070 to €89,093
of which Taxes: +€25,144
- Trade debts -€13,745
down €13,745 (-39.1%), from €35,140 to €21,395
- Staff costs +€58,996
up €58,996 (+14.7%), from €400,149 to €459,145
- Financial income +€22,049
up €22,049 (+66,454%), from €33 to €22,082
of which Financial income: +€12,218
- Depreciation -€19,169
down €19,169 (-26.2%), from €73,057 to €53,888
- Gross operating margin +€16,948
up €16,948 (+2.7%), from €639,012 to €655,959
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,093 | €523,438 | +€66,345 | +14.5% |
| Fixed assets | 21/28 | €225,170 | €170,342 | -€54,828 | -24.3% |
| Tangible fixed assets | 22/27 | €218,852 | €162,120 | -€56,732 | -25.9% |
| Land and buildings | 22 | €59,796 | €31,850 | -€27,947 | -46.7% |
| Plant, machinery and equipment | 23 | €90,603 | €74,292 | -€16,311 | -18.0% |
| Furniture and vehicles | 24 | €65,253 | €53,323 | -€11,930 | -18.3% |
| Other tangible fixed assets | 26 | €3,200 | €2,655 | -€545 | -17.0% |
| Financial fixed assets | 28 | €6,317 | €8,222 | +€1,904 | +30.1% |
| Current assets | 29/58 | €231,924 | €353,096 | +€121,173 | +52.2% |
| Stocks and contracts in progress | 3 | €22,492 | €18,569 | -€3,923 | -17.4% |
| Stocks | 30/36 | €22,492 | €18,569 | -€3,923 | -17.4% |
| Amounts receivable within one year | 40/41 | €20,537 | €43,220 | +€22,682 | +110% |
| Trade receivables | 40 | €20,526 | €30,931 | +€10,405 | +50.7% |
| Other amounts receivable | 41 | €11 | €12,289 | +€12,277 | +108,841% |
| Cash at bank and in hand | 54/58 | €188,283 | €289,524 | +€101,240 | +53.8% |
| Deferred charges and accrued income | 490/1 | €611 | €1,784 | +€1,173 | +192% |
| Total equity and liabilities | 10/49 | €457,093 | €523,438 | +€66,345 | +14.5% |
| Equity | 10/15 | €206,163 | €287,535 | +€81,372 | +39.5% |
| Contributions | 10/11 | €3,250 | €3,250 | = | 0.0% |
| Reserves | 13 | €202,830 | €284,285 | +€81,455 | +40.2% |
| Distributable reserves | 133 | €202,830 | €284,285 | +€81,455 | +40.2% |
| Profit (loss) carried forward | 14 | €83 | €0 | -€83 | -100% |
| Amounts payable | 17/49 | €250,930 | €235,903 | -€15,027 | -6.0% |
| Amounts payable after more than one year | 17 | €57,045 | €24,784 | -€32,260 | -56.6% |
| Financial debts | 170/4 | €57,045 | €24,784 | -€32,260 | -56.6% |
| Amounts payable within one year | 42/48 | €193,862 | €211,119 | +€17,257 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €62,117 | €63,395 | +€1,278 | +2.1% |
| Financial debts | 43 | - | €416 | +€416 | |
| Credit institutions | 430/8 | - | €416 | +€416 | |
| Trade debts | 44 | €35,140 | €21,395 | -€13,745 | -39.1% |
| Suppliers | 440/4 | €35,140 | €21,395 | -€13,745 | -39.1% |
| Taxes, remuneration and social security | 45 | €58,070 | €89,093 | +€31,022 | +53.4% |
| Taxes | 450/3 | €24,038 | €49,181 | +€25,144 | +105% |
| Remuneration and social security | 454/9 | €34,033 | €39,911 | +€5,879 | +17.3% |
| Other amounts payable | 47/48 | €38,535 | €36,821 | -€1,714 | -4.4% |
| Accrued charges and deferred income | 492/3 | €24 | €0 | -€24 | -100% |
| Non-recurring operating income | 76A | - | €166 | +€166 | |
| Remuneration, social security and pensions | 62 | €400,149 | €459,145 | +€58,996 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,057 | €53,888 | -€19,169 | -26.2% |
| Other operating charges | 640/8 | €1,829 | €4,977 | +€3,148 | +172% |
| Gross operating margin | 9900 | €639,012 | €655,959 | +€16,948 | +2.7% |
| Operating profit (loss) | 9901 | €163,976 | €137,949 | -€26,027 | -15.9% |
| Financial income | 75/76B | €33 | €22,082 | +€22,049 | +66,454% |
| Recurring financial income | 75 | €33 | €12,251 | +€12,218 | +36,824% |
| Non-recurring financial income | 76B | - | €9,831 | +€9,831 | |
| Financial charges | 65/66B | €11,088 | €8,325 | -€2,763 | -24.9% |
| Recurring financial charges | 65 | €11,088 | €8,325 | -€2,763 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €152,921 | €151,706 | -€1,215 | -0.8% |
| Income taxes | 67/77 | €44,540 | €41,763 | -€2,777 | -6.2% |
| Profit (loss) for the period | 9904 | €108,382 | €109,943 | +€1,561 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €108,382 | €109,943 | +€1,561 | +1.4% |
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 18 October 2026 via checked.be.