B.A. BARACUS: 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.
B.A. BARACUS
Largest movements
- Tangible fixed assets -€48,040
down €48,040 (-76.2%), from €63,006 to €14,966
of which Furniture and vehicles: -€44,183
- Receivables within one year +€42,132
up €42,132 (+11,480%), from €367 to €42,499
of which Trade receivables: +€38,192
- Cash +€1,279
up €1,279 (+3.1%), from €41,464 to €42,743
mainly Investment in fixed assets (net) (+€41,916) and Net result for the year (+€35,284)
- Debts after one year -€20,786
down €20,786 (-100%), from €20,786 to €0
- Tax, wage and social debts +€8,054
up €8,054 (+72.7%), from €11,078 to €19,132
- Other debts +€4,885
up €4,885 (+20.5%), from €23,773 to €28,658
- Current portion of long-term debt +€2,402
up €2,402 (+13.1%), from €18,385 to €20,787
- Gross operating margin -€23,108
down €23,108 (-23.8%), from €97,293 to €74,185
- Depreciation -€12,854
down €12,854 (-67.7%), from €18,978 to €6,124
- Taxes -€6,806
down €6,806 (-35.6%), from €19,136 to €12,330
- Financial charges -€1,019
down €1,019 (-41.6%), from €2,451 to €1,432
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,988 | €100,208 | -€4,780 | -4.6% |
| Fixed assets | 21/28 | €63,006 | €14,966 | -€48,040 | -76.2% |
| Tangible fixed assets | 22/27 | €63,006 | €14,966 | -€48,040 | -76.2% |
| Plant, machinery and equipment | 23 | €11,450 | €7,593 | -€3,857 | -33.7% |
| Furniture and vehicles | 24 | €51,556 | €7,373 | -€44,183 | -85.7% |
| Current assets | 29/58 | €41,982 | €85,242 | +€43,260 | +103% |
| Amounts receivable within one year | 40/41 | €367 | €42,499 | +€42,132 | +11,480% |
| Trade receivables | 40 | €124 | €38,316 | +€38,192 | +30,800% |
| Other amounts receivable | 41 | €243 | €4,183 | +€3,940 | +1,621% |
| Cash at bank and in hand | 54/58 | €41,464 | €42,743 | +€1,279 | +3.1% |
| Deferred charges and accrued income | 490/1 | €151 | €0 | -€151 | -100% |
| Total equity and liabilities | 10/49 | €104,988 | €100,208 | -€4,780 | -4.6% |
| Equity | 10/15 | €30,017 | €30,301 | +€284 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,244 | €11,243 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €244 | €243 | -€1 | -0.2% |
| Reserves not available under the articles | 1311 | €244 | €243 | -€1 | -0.2% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173 | €457 | +€284 | +164% |
| Amounts payable | 17/49 | €74,971 | €69,907 | -€5,064 | -6.8% |
| Amounts payable after more than one year | 17 | €20,786 | €0 | -€20,786 | -100% |
| Financial debts | 170/4 | €20,786 | €0 | -€20,786 | -100% |
| Amounts payable within one year | 42/48 | €54,185 | €69,907 | +€15,722 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €18,385 | €20,787 | +€2,402 | +13.1% |
| Trade debts | 44 | €949 | €1,331 | +€382 | +40.2% |
| Suppliers | 440/4 | €949 | €1,331 | +€382 | +40.2% |
| Taxes, remuneration and social security | 45 | €11,078 | €19,132 | +€8,054 | +72.7% |
| Taxes | 450/3 | €11,078 | €19,132 | +€8,054 | +72.7% |
| Other amounts payable | 47/48 | €23,773 | €28,658 | +€4,885 | +20.5% |
| Non-recurring operating income | 76A | €5,562 | €1,469 | -€4,093 | -73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,978 | €6,124 | -€12,854 | -67.7% |
| Other operating charges | 640/8 | €200 | €800 | +€600 | +300% |
| Non-recurring operating charges | 66A | €506 | €18,228 | +€17,722 | +3,502% |
| Gross operating margin | 9900 | €97,293 | €74,185 | -€23,108 | -23.8% |
| Operating profit (loss) | 9901 | €77,609 | €49,033 | -€28,576 | -36.8% |
| Financial income | 75/76B | €151 | €12 | -€139 | -91.9% |
| Recurring financial income | 75 | €151 | €12 | -€139 | -91.9% |
| Financial charges | 65/66B | €2,451 | €1,432 | -€1,019 | -41.6% |
| Recurring financial charges | 65 | €2,451 | €1,432 | -€1,019 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €75,309 | €47,614 | -€27,695 | -36.8% |
| Income taxes | 67/77 | €19,136 | €12,330 | -€6,806 | -35.6% |
| Profit (loss) for the period | 9904 | €56,173 | €35,284 | -€20,889 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,173 | €35,284 | -€20,889 | -37.2% |
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 19 October 2026 via checked.be.