BAARS: what changed
Two fiscal 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.
BAARS
Largest movements
- Receivables within one year -€1,415
down €1,415 (-96.3%), from €1,470 to €55
of which Trade receivables: -€1,387
- Tangible fixed assets +€1,275
up €1,275 (+27.4%), from €4,654 to €5,929
- Cash -€156
down €156 (-31.4%), from €497 to €341
mainly Net result for the year (-€11,389) and Investment in fixed assets (net) (-€1,762)
- Other debts +€12,537
up €12,537 (+9.7%), from €129,453 to €141,990
- Profit (loss) carried forward -€11,389
down €11,389 (-8.7%), from -€130,793 to -€142,182
- Trade debts -€1,425
down €1,425 (-67.5%), from €2,110 to €685
- Gross operating margin +€8,731
up €8,731 (+47.5%), from -€18,376 to -€9,645
- Financial charges -€938
down €938 (-91.3%), from €1,027 to €89
- Depreciation +€328
up €328 (+207.4%), from €158 to €486
- Other operating charges +€201
up €201 (+20.8%), from €968 to €1,169
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.
Cash bridge derived
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 | €6,970 | €6,693 | -€278 | -4.0% |
| Fixed assets | 21/28 | €4,654 | €5,929 | +€1,275 | +27.4% |
| Tangible fixed assets | 22/27 | €4,654 | €5,929 | +€1,275 | +27.4% |
| Furniture and vehicles | 24 | €4,654 | €5,929 | +€1,275 | +27.4% |
| Current assets | 29/58 | €2,316 | €764 | -€1,553 | -67.0% |
| Amounts receivable within one year | 40/41 | €1,470 | €55 | -€1,415 | -96.3% |
| Trade receivables | 40 | €1,387 | - | -€1,387 | |
| Other amounts receivable | 41 | €83 | €55 | -€28 | -33.9% |
| Cash at bank and in hand | 54/58 | €497 | €341 | -€156 | -31.4% |
| Deferred charges and accrued income | 490/1 | €350 | €368 | +€18 | +5.2% |
| Total equity and liabilities | 10/49 | €6,970 | €6,693 | -€278 | -4.0% |
| Equity | 10/15 | -€124,593 | -€135,982 | -€11,389 | -9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,793 | -€142,182 | -€11,389 | -8.7% |
| Amounts payable | 17/49 | €131,563 | €142,675 | +€11,112 | +8.4% |
| Amounts payable within one year | 42/48 | €131,563 | €142,675 | +€11,112 | +8.4% |
| Trade debts | 44 | €2,110 | €685 | -€1,425 | -67.5% |
| Suppliers | 440/4 | €2,110 | €685 | -€1,425 | -67.5% |
| Other amounts payable | 47/48 | €129,453 | €141,990 | +€12,537 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158 | €486 | +€328 | +207.4% |
| Other operating charges | 640/8 | €968 | €1,169 | +€201 | +20.8% |
| Gross operating margin | 9900 | -€18,376 | -€9,645 | +€8,731 | +47.5% |
| Operating profit (loss) | 9901 | -€19,502 | -€11,300 | +€8,202 | +42.1% |
| Financial charges | 65/66B | €1,027 | €89 | -€938 | -91.3% |
| Recurring financial charges | 65 | €1,027 | €89 | -€938 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,529 | -€11,389 | +€9,139 | +44.5% |
| Profit (loss) for the period | 9904 | -€20,529 | -€11,389 | +€9,139 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,529 | -€11,389 | +€9,139 | +44.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.