Jochen Bernard: 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.
Jochen Bernard
Largest movements
- Cash +€39,129
up €39,129 (+107.2%), from €36,516 to €75,645
mainly Net result for the year (+€41,631) and Depreciation (+€11,379)
- Tangible fixed assets -€5,573
down €5,573 (-12.8%), from €43,472 to €37,899
of which Leasing and similar rights: -€10,074
- Receivables within one year +€2,674
up €2,674 (+24.6%), from €10,890 to €13,564
- Reserves +€41,631
up €41,631 (+116.8%), from €35,632 to €77,262
- Debts after one year -€8,515
down €8,515 (-28.4%), from €29,956 to €21,441
- Tax, wage and social debts +€2,303
up €2,303 (+15.5%), from €14,903 to €17,206
- Gross operating margin +€11,631
up €11,631 (+21.0%), from €55,433 to €67,064
- Depreciation +€4,479
up €4,479 (+64.9%), from €6,900 to €11,379
- Taxes +€1,213
up €1,213 (+12.3%), from €9,872 to €11,084
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 | €92,364 | €128,847 | +€36,483 | +39.5% |
| Fixed assets | 21/28 | €43,472 | €37,899 | -€5,573 | -12.8% |
| Tangible fixed assets | 22/27 | €43,472 | €37,899 | -€5,573 | -12.8% |
| Plant, machinery and equipment | 23 | - | €4,501 | +€4,501 | |
| Leasing and similar rights | 25 | €43,472 | €33,397 | -€10,074 | -23.2% |
| Current assets | 29/58 | €48,893 | €90,949 | +€42,056 | +86.0% |
| Amounts receivable within one year | 40/41 | €10,890 | €13,564 | +€2,674 | +24.6% |
| Trade receivables | 40 | €10,890 | €13,564 | +€2,674 | +24.6% |
| Cash at bank and in hand | 54/58 | €36,516 | €75,645 | +€39,129 | +107.2% |
| Deferred charges and accrued income | 490/1 | €1,487 | €1,739 | +€253 | +17.0% |
| Total equity and liabilities | 10/49 | €92,364 | €128,847 | +€36,483 | +39.5% |
| Equity | 10/15 | €38,632 | €80,262 | +€41,631 | +107.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,632 | €77,262 | +€41,631 | +116.8% |
| Distributable reserves | 133 | €35,632 | €77,262 | +€41,631 | +116.8% |
| Amounts payable | 17/49 | €53,733 | €48,585 | -€5,148 | -9.6% |
| Amounts payable after more than one year | 17 | €29,956 | €21,441 | -€8,515 | -28.4% |
| Financial debts | 170/4 | €29,956 | €21,441 | -€8,515 | -28.4% |
| Amounts payable within one year | 42/48 | €23,776 | €27,143 | +€3,367 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €8,137 | €8,515 | +€379 | +4.7% |
| Financial debts | 43 | €78 | €88 | +€10 | +13.0% |
| Credit institutions | 430/8 | €78 | €88 | +€10 | +13.0% |
| Trade debts | 44 | €440 | €735 | +€295 | +67.0% |
| Suppliers | 440/4 | €440 | €735 | +€295 | +67.0% |
| Taxes, remuneration and social security | 45 | €14,903 | €17,206 | +€2,303 | +15.5% |
| Taxes | 450/3 | €14,903 | €17,206 | +€2,303 | +15.5% |
| Other amounts payable | 47/48 | €219 | €600 | +€381 | +173.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,900 | €11,379 | +€4,479 | +64.9% |
| Other operating charges | 640/8 | €1,566 | €1,033 | -€533 | -34.0% |
| Gross operating margin | 9900 | €55,433 | €67,064 | +€11,631 | +21.0% |
| Operating profit (loss) | 9901 | €46,966 | €54,651 | +€7,685 | +16.4% |
| Financial charges | 65/66B | €1,463 | €1,936 | +€473 | +32.4% |
| Recurring financial charges | 65 | €1,463 | €1,936 | +€473 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €45,503 | €52,715 | +€7,212 | +15.8% |
| Income taxes | 67/77 | €9,872 | €11,084 | +€1,213 | +12.3% |
| Profit (loss) for the period | 9904 | €35,632 | €41,631 | +€5,999 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,632 | €41,631 | +€5,999 | +16.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.