MERTENS BERNI: what changed
MERTENS BERNI
Largest movements
- Cash +€131,061
up €131,061 (+175%), from €75,001 to €206,062
mainly Net result for the year (+€80,646) and Depreciation (+€64,949)
- Tangible fixed assets -€48,426
down €48,426 (-14.7%), from €329,258 to €280,832
of which Furniture and vehicles: -€31,616
- Reserves +€80,646
up €80,646 (+36.8%), from €219,075 to €299,721
of which Distributable reserves: +€80,646
- Tax, wage and social debts +€20,139
up €20,139 (+224%), from €8,994 to €29,134
of which Taxes: +€15,682
- Debts after one year -€17,078
down €17,078 (-16.1%), from €105,844 to €88,766
- Trade debts +€12,999
up €12,999 (+91.2%), from €14,249 to €27,248
of which Suppliers: +€11,550
- Current portion of long-term debt -€9,862
down €9,862 (-30.8%), from €32,004 to €22,142
- Gross operating margin +€59,488
up €59,488 (+31.5%), from €189,140 to €248,627
- Taxes +€17,487
up €17,487 (+105%), from €16,690 to €34,177
- Staff costs -€7,359
down €7,359 (-11.0%), from €66,847 to €59,488
- Other operating charges +€3,033
up €3,033 (+169%), from €1,796 to €4,829
- Depreciation +€2,839
up €2,839 (+4.6%), from €62,110 to €64,949
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 | €465,676 | €547,904 | +€82,227 | +17.7% |
| Fixed assets | 21/28 | €329,389 | €280,963 | -€48,426 | -14.7% |
| Tangible fixed assets | 22/27 | €329,258 | €280,832 | -€48,426 | -14.7% |
| Land and buildings | 22 | €260,253 | €244,130 | -€16,123 | -6.2% |
| Plant, machinery and equipment | 23 | €4,515 | €3,828 | -€687 | -15.2% |
| Furniture and vehicles | 24 | €64,490 | €32,874 | -€31,616 | -49.0% |
| Financial fixed assets | 28 | €131 | €131 | = | 0.0% |
| Current assets | 29/58 | €136,287 | €266,940 | +€130,653 | +95.9% |
| Stocks and contracts in progress | 3 | €4,750 | €3,960 | -€790 | -16.6% |
| Stocks | 30/36 | €4,750 | €3,960 | -€790 | -16.6% |
| Amounts receivable within one year | 40/41 | €51,720 | €52,016 | +€296 | +0.6% |
| Trade receivables | 40 | €51,720 | €52,016 | +€296 | +0.6% |
| Cash at bank and in hand | 54/58 | €75,001 | €206,062 | +€131,061 | +175% |
| Deferred charges and accrued income | 490/1 | €4,816 | €4,903 | +€87 | +1.8% |
| Total equity and liabilities | 10/49 | €465,676 | €547,904 | +€82,227 | +17.7% |
| Equity | 10/15 | €277,865 | €356,845 | +€78,980 | +28.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €219,075 | €299,721 | +€80,646 | +36.8% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €216,075 | €296,721 | +€80,646 | +37.3% |
| Profit (loss) carried forward | 14 | €28,790 | €27,124 | -€1,666 | -5.8% |
| Amounts payable | 17/49 | €187,811 | €191,059 | +€3,248 | +1.7% |
| Amounts payable after more than one year | 17 | €105,844 | €88,766 | -€17,078 | -16.1% |
| Financial debts | 170/4 | €105,844 | €88,766 | -€17,078 | -16.1% |
| Amounts payable within one year | 42/48 | €80,178 | €102,147 | +€21,968 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €32,004 | €22,142 | -€9,862 | -30.8% |
| Trade debts | 44 | €14,249 | €27,248 | +€12,999 | +91.2% |
| Suppliers | 440/4 | €14,249 | €25,800 | +€11,550 | +81.1% |
| Bills of exchange payable | 441 | - | €1,448 | +€1,448 | |
| Taxes, remuneration and social security | 45 | €8,994 | €29,134 | +€20,139 | +224% |
| Taxes | 450/3 | €4,312 | €19,994 | +€15,682 | +364% |
| Remuneration and social security | 454/9 | €4,682 | €9,140 | +€4,458 | +95.2% |
| Other amounts payable | 47/48 | €24,931 | €23,623 | -€1,308 | -5.2% |
| Accrued charges and deferred income | 492/3 | €1,789 | €146 | -€1,643 | -91.8% |
| Remuneration, social security and pensions | 62 | €66,847 | €59,488 | -€7,359 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,110 | €64,949 | +€2,839 | +4.6% |
| Other operating charges | 640/8 | €1,796 | €4,829 | +€3,033 | +169% |
| Gross operating margin | 9900 | €189,140 | €248,627 | +€59,488 | +31.5% |
| Operating profit (loss) | 9901 | €58,387 | €119,362 | +€60,975 | +104% |
| Financial income | 75/76B | €2,176 | €290 | -€1,885 | -86.7% |
| Recurring financial income | 75 | €2,176 | €290 | -€1,885 | -86.7% |
| Non-recurring financial income | 76B | €2,176 | €290 | -€1,885 | -86.7% |
| Financial charges | 65/66B | €3,359 | €4,829 | +€1,470 | +43.8% |
| Recurring financial charges | 65 | €3,359 | €4,829 | +€1,470 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €57,204 | €114,823 | +€57,620 | +101% |
| Income taxes | 67/77 | €16,690 | €34,177 | +€17,487 | +105% |
| Profit (loss) for the period | 9904 | €40,514 | €80,646 | +€40,132 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,514 | €80,646 | +€40,132 | +99.1% |
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 6 November 2026 via checked.be.