TEN BERNARDSPLAS: 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.
What changed
TEN BERNARDSPLAS
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€212,771
2024 · €711,404-€498,633
Equity
€2.2m
2024 · €2.0m+€212,771
Cash
€493,837
2024 · €609,542-€115,704
Balance sheet total
€3.0m
2024 · €3.1m-€43,968
Largest movements
Assets
- Cash -€115,704
down €115,704 (-19.0%), from €609,542 to €493,837
mainly Investment in fixed assets (net) (-€234,373) and Trade debts (-€93,553)
- Receivables within one year +€45,844
up €45,844 (+10.7%), from €426,501 to €472,344
of which Other amounts receivable: +€171,975
Equity and liabilities
- Profit (loss) carried forward +€212,771
new in 2025: €212,771
- Trade debts -€93,553
down €93,553 (-28.0%), from €333,535 to €239,982
- Other debts -€77,738
down €77,738 (-20.2%), from €384,856 to €307,119
Income statement
- Gross operating margin -€789,242
down €789,242 (-53.2%), from €1.5m to €693,633
- Taxes -€274,208
down €274,208 (-82.4%), from €332,960 to €58,752
- Provisions -€37,535
down €37,535, from €22,303 to -€15,232
- Staff costs +€16,836
up €16,836 (+12.0%), from €140,509 to €157,345
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.
Result 2024
€711,404
Gross operating margin
-€789,242
Staff costs
-€16,836
Depreciation
-€13,513
Provisions
+€37,535
Other operating charges
-€1,866
Other operating items
-€2,082
Financial income
-€439
Financial charges
+€13,603
Taxes
+€274,208
Result 2025
€212,771
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€170,086
Investment
-€232,290
Financing
-€53,500
Cash 2024
€609,542
From operations (derived)
+€170,086
Net result for the year
+€212,771
Depreciation
+€227,967
Stocks and contracts
-€18,688
Receivables within one year
-€45,844
Deferred charges and accrued income
-€2,881
Provisions
-€15,232
Trade debts
-€93,553
Tax, wage and social debts
-€6,233
Other debts
-€77,738
Accrued charges and deferred income
-€10,483
Investment (derived)
-€232,290
Investment in fixed assets (net)
-€234,373
Current investments
+€2,082
Financing
-€53,500
Debts after one year
-€23,500
Current portion of long-term debt
-€30,000
Cash 2025
€493,837
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,057,761 | €3,013,793 | -€43,968 | -1.4% |
| Fixed assets | 21/28 | €1,034,449 | €1,040,855 | +€6,406 | +0.6% |
| Tangible fixed assets | 22/27 | €1,034,449 | €1,040,855 | +€6,406 | +0.6% |
| Land and buildings | 22 | €827,820 | €673,594 | -€154,225 | -18.6% |
| Plant, machinery and equipment | 23 | €199,970 | €334,609 | +€134,639 | +67.3% |
| Furniture and vehicles | 24 | €6,660 | €32,651 | +€25,992 | +390% |
| Current assets | 29/58 | €2,023,312 | €1,972,938 | -€50,373 | -2.5% |
| Stocks and contracts in progress | 3 | €954,583 | €973,271 | +€18,688 | +2.0% |
| Stocks | 30/36 | €954,583 | €973,271 | +€18,688 | +2.0% |
| Amounts receivable within one year | 40/41 | €426,501 | €472,344 | +€45,844 | +10.7% |
| Trade receivables | 40 | €415,178 | €289,046 | -€126,131 | -30.4% |
| Other amounts receivable | 41 | €11,323 | €183,298 | +€171,975 | +1,519% |
| Current investments | 50/53 | €2,082 | €0 | -€2,082 | -100% |
| Cash at bank and in hand | 54/58 | €609,542 | €493,837 | -€115,704 | -19.0% |
| Deferred charges and accrued income | 490/1 | €30,604 | €33,486 | +€2,881 | +9.4% |
| Total equity and liabilities | 10/49 | €3,057,761 | €3,013,793 | -€43,968 | -1.4% |
| Equity | 10/15 | €1,970,690 | €2,183,461 | +€212,771 | +10.8% |
| Contributions | 10/11 | €787,000 | €787,000 | = | 0.0% |
| Capital | 10 | - | €787,000 | +€787,000 | |
| Issued capital | 100 | - | €787,000 | +€787,000 | |
| Reserves | 13 | €1,183,690 | €1,183,690 | = | 0.0% |
| Non-distributable reserves | 130/1 | €78,700 | €78,700 | = | 0.0% |
| Legal reserve | 130 | - | €34,700 | +€34,700 | |
| Reserves not available under the articles | 1311 | €78,700 | €44,000 | -€34,700 | -44.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,086,240 | €1,086,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €212,771 | +€212,771 | |
| Provisions and deferred taxes | 16 | €153,922 | €138,691 | -€15,232 | -9.9% |
| Provisions for liabilities and charges | 160/5 | €153,922 | €138,691 | -€15,232 | -9.9% |
| Other liabilities and charges | 164/5 | €153,922 | €138,691 | -€15,232 | -9.9% |
| Amounts payable | 17/49 | €933,149 | €691,642 | -€241,507 | -25.9% |
| Amounts payable after more than one year | 17 | €72,459 | €48,959 | -€23,500 | -32.4% |
| Financial debts | 170/4 | €72,459 | €48,959 | -€23,500 | -32.4% |
| Amounts payable within one year | 42/48 | €825,011 | €617,488 | -€207,524 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €53,500 | €23,500 | -€30,000 | -56.1% |
| Trade debts | 44 | €333,535 | €239,982 | -€93,553 | -28.0% |
| Suppliers | 440/4 | €333,535 | €239,982 | -€93,553 | -28.0% |
| Taxes, remuneration and social security | 45 | €53,120 | €46,887 | -€6,233 | -11.7% |
| Taxes | 450/3 | €35,881 | €37,413 | +€1,532 | +4.3% |
| Remuneration and social security | 454/9 | €17,238 | €9,473 | -€7,765 | -45.0% |
| Other amounts payable | 47/48 | €384,856 | €307,119 | -€77,738 | -20.2% |
| Accrued charges and deferred income | 492/3 | €35,679 | €25,196 | -€10,483 | -29.4% |
| Remuneration, social security and pensions | 62 | €140,509 | €157,345 | +€16,836 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,454 | €227,967 | +€13,513 | +6.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,303 | -€15,232 | -€37,535 | |
| Other operating charges | 640/8 | €16,880 | €18,746 | +€1,866 | +11.1% |
| Non-recurring operating charges | 66A | - | €2,082 | +€2,082 | |
| Gross operating margin | 9900 | €1,482,876 | €693,633 | -€789,242 | -53.2% |
| Operating profit (loss) | 9901 | €1,088,730 | €302,724 | -€786,005 | -72.2% |
| Financial income | 75/76B | €439 | €0 | -€439 | -100% |
| Recurring financial income | 75 | €439 | €0 | -€439 | -100% |
| Financial charges | 65/66B | €44,803 | €31,201 | -€13,603 | -30.4% |
| Recurring financial charges | 65 | €44,803 | €31,201 | -€13,603 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €1,044,365 | €271,524 | -€772,841 | -74.0% |
| Income taxes | 67/77 | €332,960 | €58,752 | -€274,208 | -82.4% |
| Profit (loss) for the period | 9904 | €711,404 | €212,771 | -€498,633 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €711,404 | €212,771 | -€498,633 | -70.1% |
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 15 October 2026 via checked.be.