BACARA: 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.
BACARA
Largest movements
- Cash -€22,350
down €22,350 (-17.9%), from €125,125 to €102,775
mainly Net result for the year (-€17,726) and Other debts (-€4,740)
- Profit (loss) carried forward -€17,726
down €17,726 (-46.4%), from €38,225 to €20,499
- Other debts -€4,740
down €4,740 (-79.2%), from €5,987 to €1,247
- Gross operating margin -€472,780
down €472,780, from €455,448 to -€17,332
- Taxes -€66,028
down €66,028 (-100%), from €66,028 to €0
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 | €126,712 | €104,247 | -€22,466 | -17.7% |
| Fixed assets | 21/28 | €116 | €0 | -€116 | -100% |
| Tangible fixed assets | 22/27 | €116 | €0 | -€116 | -100% |
| Plant, machinery and equipment | 23 | €116 | - | -€116 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €126,596 | €104,247 | -€22,350 | -17.7% |
| Amounts receivable within one year | 40/41 | €1,472 | €1,472 | = | 0.0% |
| Other amounts receivable | 41 | €1,472 | €1,472 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €125,125 | €102,775 | -€22,350 | -17.9% |
| Total equity and liabilities | 10/49 | €126,712 | €104,247 | -€22,466 | -17.7% |
| Equity | 10/15 | €120,725 | €102,999 | -€17,726 | -14.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,225 | €20,499 | -€17,726 | -46.4% |
| Amounts payable | 17/49 | €5,987 | €1,247 | -€4,740 | -79.2% |
| Amounts payable within one year | 42/48 | €5,987 | €1,247 | -€4,740 | -79.2% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,987 | €1,247 | -€4,740 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €670 | €116 | -€554 | -82.7% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €455,448 | -€17,332 | -€472,780 | |
| Operating profit (loss) | 9901 | €454,652 | -€17,576 | -€472,228 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €454,517 | -€17,726 | -€472,243 | |
| Income taxes | 67/77 | €66,028 | €0 | -€66,028 | -100% |
| Profit (loss) for the period | 9904 | €388,488 | -€17,726 | -€406,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €388,488 | -€17,726 | -€406,214 |
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.