BAARLE 90: 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.
BAARLE 90
Largest movements
- Receivables within one year -€114,607
down €114,607 (-70.8%), from €161,903 to €47,296
of which Other amounts receivable: -€123,281
- Deferred charges and accrued income +€27,698
new in 2024: €27,698
- Tangible fixed assets -€10,341
down €10,341 (-14.8%), from €69,907 to €59,567
- Profit (loss) carried forward -€98,362
down €98,362, from €21,179 to -€77,183
- Trade debts +€14,197
up €14,197 (+231.2%), from €6,141 to €20,338
- Debts after one year -€6,878
down €6,878 (-7.8%), from €88,185 to €81,307
- Accrued charges and deferred income -€4,471
no longer reported in 2024 (was €4,471)
- Gross operating margin -€145,008
down €145,008, from €97,831 to -€47,177
- Financial charges -€49,947
down €49,947 (-69.4%), from €71,980 to €22,033
- Staff costs -€17,711
down €17,711 (-59.6%), from €29,712 to €12,001
- Taxes +€5,016
new in 2024: €5,016
- Depreciation +€1,636
up €1,636 (+18.8%), from €8,705 to €10,341
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,690 | €143,936 | -€95,754 | -39.9% |
| Fixed assets | 21/28 | €69,907 | €59,567 | -€10,341 | -14.8% |
| Tangible fixed assets | 22/27 | €69,907 | €59,567 | -€10,341 | -14.8% |
| Land and buildings | 22 | €48,822 | €46,252 | -€2,570 | -5.3% |
| Plant, machinery and equipment | 23 | €10,416 | €6,096 | -€4,321 | -41.5% |
| Furniture and vehicles | 24 | €10,670 | €7,219 | -€3,451 | -32.3% |
| Current assets | 29/58 | €169,783 | €84,369 | -€85,413 | -50.3% |
| Stocks and contracts in progress | 3 | €7,879 | €9,375 | +€1,496 | +19.0% |
| Stocks | 30/36 | €7,879 | €9,375 | +€1,496 | +19.0% |
| Amounts receivable within one year | 40/41 | €161,903 | €47,296 | -€114,607 | -70.8% |
| Trade receivables | 40 | €1,076 | €9,750 | +€8,674 | +806.1% |
| Other amounts receivable | 41 | €160,827 | €37,546 | -€123,281 | -76.7% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | - | €27,698 | +€27,698 | |
| Total equity and liabilities | 10/49 | €239,690 | €143,936 | -€95,754 | -39.9% |
| Equity | 10/15 | €31,179 | -€67,183 | -€98,362 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,179 | -€77,183 | -€98,362 | |
| Amounts payable | 17/49 | €208,512 | €211,119 | +€2,607 | +1.3% |
| Amounts payable after more than one year | 17 | €88,185 | €81,307 | -€6,878 | -7.8% |
| Financial debts | 170/4 | €88,185 | €81,307 | -€6,878 | -7.8% |
| Amounts payable within one year | 42/48 | €115,855 | €129,812 | +€13,957 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €6,313 | €6,878 | +€565 | +8.9% |
| Financial debts | 43 | €101,072 | €102,596 | +€1,523 | +1.5% |
| Credit institutions | 430/8 | €101,072 | €102,596 | +€1,523 | +1.5% |
| Trade debts | 44 | €6,141 | €20,338 | +€14,197 | +231.2% |
| Suppliers | 440/4 | €6,141 | €20,338 | +€14,197 | +231.2% |
| Taxes, remuneration and social security | 45 | €2,329 | - | -€2,329 | |
| Remuneration and social security | 454/9 | €2,329 | - | -€2,329 | |
| Accrued charges and deferred income | 492/3 | €4,471 | - | -€4,471 | |
| Remuneration, social security and pensions | 62 | €29,712 | €12,001 | -€17,711 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,705 | €10,341 | +€1,636 | +18.8% |
| Other operating charges | 640/8 | €1,287 | €1,795 | +€508 | +39.5% |
| Gross operating margin | 9900 | €97,831 | -€47,177 | -€145,008 | |
| Operating profit (loss) | 9901 | €58,128 | -€71,313 | -€129,441 | |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Financial charges | 65/66B | €71,980 | €22,033 | -€49,947 | -69.4% |
| Recurring financial charges | 65 | €71,980 | €22,033 | -€49,947 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,806 | -€93,346 | -€79,540 | -576.1% |
| Income taxes | 67/77 | - | €5,016 | +€5,016 | |
| Profit (loss) for the period | 9904 | -€13,806 | -€98,362 | -€84,556 | -612.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,806 | -€98,362 | -€84,556 | -612.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.