LEROY BERNARD: what changed
LEROY BERNARD
Largest movements
- Cash +€75,001
up €75,001 (+103%), from €73,114 to €148,116
mainly Net result for the year (+€90,869) and Depreciation (+€15,117)
- Deferred charges and accrued income +€19,638
up €19,638 (+10.7%), from €184,043 to €203,680
- Tangible fixed assets -€12,868
down €12,868 (-18.5%), from €69,370 to €56,503
of which Furniture and vehicles: -€14,191
- Reserves +€90,869
up €90,869 (+45.8%), from €198,601 to €289,470
- Other debts -€11,409
down €11,409 (-55.0%), from €20,749 to €9,341
- Gross operating margin -€12,607
down €12,607 (-8.0%), from €157,872 to €145,265
- Depreciation +€9,317
up €9,317 (+161%), from €5,800 to €15,117
- Taxes -€6,310
down €6,310 (-14.3%), from €44,053 to €37,743
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €326,528 | €408,299 | +€81,771 | +25.0% |
| Fixed assets | 21/28 | €69,370 | €56,503 | -€12,868 | -18.5% |
| Tangible fixed assets | 22/27 | €69,370 | €56,503 | -€12,868 | -18.5% |
| Land and buildings | 22 | €3,744 | €5,067 | +€1,323 | +35.3% |
| Furniture and vehicles | 24 | €65,627 | €51,436 | -€14,191 | -21.6% |
| Current assets | 29/58 | €257,157 | €351,796 | +€94,639 | +36.8% |
| Cash at bank and in hand | 54/58 | €73,114 | €148,116 | +€75,001 | +103% |
| Deferred charges and accrued income | 490/1 | €184,043 | €203,680 | +€19,638 | +10.7% |
| Total equity and liabilities | 10/49 | €326,528 | €408,299 | +€81,771 | +25.0% |
| Equity | 10/15 | €252,770 | €343,639 | +€90,869 | +35.9% |
| Contributions | 10/11 | €6,267 | €6,267 | = | 0.0% |
| Reserves | 13 | €198,601 | €289,470 | +€90,869 | +45.8% |
| Distributable reserves | 133 | €198,601 | €289,470 | +€90,869 | +45.8% |
| Profit (loss) carried forward | 14 | €47,902 | €47,902 | = | 0.0% |
| Amounts payable | 17/49 | €73,758 | €64,660 | -€9,098 | -12.3% |
| Amounts payable within one year | 42/48 | €73,758 | €64,660 | -€9,098 | -12.3% |
| Trade debts | 44 | €1,874 | €924 | -€950 | -50.7% |
| Suppliers | 440/4 | €1,874 | €924 | -€950 | -50.7% |
| Taxes, remuneration and social security | 45 | €51,134 | €54,395 | +€3,261 | +6.4% |
| Taxes | 450/3 | €51,134 | €54,395 | +€3,261 | +6.4% |
| Other amounts payable | 47/48 | €20,749 | €9,341 | -€11,409 | -55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,800 | €15,117 | +€9,317 | +161% |
| Other operating charges | 640/8 | €741 | €568 | -€173 | -23.3% |
| Gross operating margin | 9900 | €157,872 | €145,265 | -€12,607 | -8.0% |
| Operating profit (loss) | 9901 | €151,331 | €129,579 | -€21,751 | -14.4% |
| Financial charges | 65/66B | €491 | €967 | +€476 | +96.9% |
| Recurring financial charges | 65 | €491 | €967 | +€476 | +96.9% |
| Profit (loss) for the period before taxes | 9903 | €150,839 | €128,612 | -€22,227 | -14.7% |
| Income taxes | 67/77 | €44,053 | €37,743 | -€6,310 | -14.3% |
| Profit (loss) for the period | 9904 | €106,787 | €90,869 | -€15,917 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €106,787 | €90,869 | -€15,917 | -14.9% |
Next steps
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.