BACCARNE: 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.
BACCARNE
Largest movements
- Tangible fixed assets -€10,724
down €10,724 (-9.8%), from €109,168 to €98,444
of which Land and buildings: -€11,517
- Deferred charges and accrued income +€3,642
up €3,642 (+462%), from €788 to €4,430
- Profit (loss) carried forward -€7,363
down €7,363 (-10.8%), from -€68,114 to -€75,477
- Other debts +€3,564
up €3,564 (+2.9%), from €121,601 to €125,165
- Debts after one year -€3,323
down €3,323 (-13.6%), from €24,513 to €21,190
of which Financial debts: -€3,323
- Trade debts +€1,643
up €1,643 (+95.8%), from €1,715 to €3,358
- Gross operating margin -€12,136
down €12,136 (-50.9%), from €23,844 to €11,708
- Other operating charges +€1,046
up €1,046 (+25.0%), from €4,181 to €5,227
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 | €117,643 | €111,479 | -€6,164 | -5.2% |
| Fixed assets | 21/28 | €109,168 | €98,444 | -€10,724 | -9.8% |
| Tangible fixed assets | 22/27 | €109,168 | €98,444 | -€10,724 | -9.8% |
| Land and buildings | 22 | €99,988 | €88,470 | -€11,517 | -11.5% |
| Plant, machinery and equipment | 23 | €8,764 | €9,862 | +€1,098 | +12.5% |
| Furniture and vehicles | 24 | €417 | €112 | -€305 | -73.1% |
| Current assets | 29/58 | €8,475 | €13,035 | +€4,560 | +53.8% |
| Stocks and contracts in progress | 3 | €5,370 | €6,413 | +€1,043 | +19.4% |
| Stocks | 30/36 | €5,370 | €6,413 | +€1,043 | +19.4% |
| Amounts receivable within one year | 40/41 | €2,272 | €2,039 | -€232 | -10.2% |
| Trade receivables | 40 | €2,272 | €2,039 | -€232 | -10.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €45 | €153 | +€108 | +237% |
| Deferred charges and accrued income | 490/1 | €788 | €4,430 | +€3,642 | +462% |
| Total equity and liabilities | 10/49 | €117,643 | €111,479 | -€6,164 | -5.2% |
| Equity | 10/15 | -€34,948 | -€42,311 | -€7,363 | -21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,567 | €14,567 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,707 | €12,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,114 | -€75,477 | -€7,363 | -10.8% |
| Amounts payable | 17/49 | €152,591 | €153,789 | +€1,199 | +0.8% |
| Amounts payable after more than one year | 17 | €24,513 | €21,190 | -€3,323 | -13.6% |
| Financial debts | 170/4 | €5,913 | €2,590 | -€3,323 | -56.2% |
| Other amounts payable | 178/9 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €127,491 | €132,599 | +€5,108 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €3,179 | €3,323 | +€144 | +4.5% |
| Financial debts | 43 | €35 | €24 | -€11 | -32.2% |
| Credit institutions | 430/8 | €35 | €24 | -€11 | -32.2% |
| Trade debts | 44 | €1,715 | €3,358 | +€1,643 | +95.8% |
| Suppliers | 440/4 | €1,715 | €3,358 | +€1,643 | +95.8% |
| Taxes, remuneration and social security | 45 | €962 | €729 | -€232 | -24.2% |
| Taxes | 450/3 | €962 | €729 | -€232 | -24.2% |
| Other amounts payable | 47/48 | €121,601 | €125,165 | +€3,564 | +2.9% |
| Accrued charges and deferred income | 492/3 | €586 | €0 | -€586 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,219 | €13,302 | +€83 | +0.6% |
| Other operating charges | 640/8 | €4,181 | €5,227 | +€1,046 | +25.0% |
| Gross operating margin | 9900 | €23,844 | €11,708 | -€12,136 | -50.9% |
| Operating profit (loss) | 9901 | €6,444 | -€6,821 | -€13,266 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €666 | €542 | -€125 | -18.7% |
| Recurring financial charges | 65 | €666 | €542 | -€125 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €5,778 | -€7,363 | -€13,141 | |
| Profit (loss) for the period | 9904 | €5,778 | -€7,363 | -€13,141 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,778 | -€7,363 | -€13,141 |
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.