Backaro: 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.
Backaro
Largest movements
- Tangible fixed assets -€35,031
down €35,031 (-9.7%), from €361,881 to €326,851
of which Land and buildings: -€35,899
- Receivables within one year +€10,869
up €10,869 (+24.9%), from €43,581 to €54,450
- Cash +€5,401
up €5,401 (+46.3%), from €11,653 to €17,053
mainly Depreciation (+€45,065) and Trade debts (+€4,946)
- Debts after one year -€10,166
down €10,166 (-3.6%), from €279,427 to €269,261
- Tax, wage and social debts -€7,689
down €7,689 (-32.1%), from €23,916 to €16,227
of which Remuneration and social security: -€10,000
- Trade debts +€4,946
up €4,946 (+588%), from €841 to €5,787
- Other debts -€4,479
down €4,479 (-6.1%), from €72,954 to €68,475
- Depreciation +€40,604
up €40,604 (+910%), from €4,461 to €45,065
- Gross operating margin +€11,518
up €11,518 (+24.3%), from €47,412 to €58,930
- Financial charges +€7,726
up €7,726 (+189%), from €4,096 to €11,821
- Taxes -€7,404
down €7,404 (-89.7%), from €8,254 to €850
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 | €417,178 | €402,074 | -€15,105 | -3.6% |
| Fixed assets | 21/28 | €361,881 | €326,851 | -€35,031 | -9.7% |
| Tangible fixed assets | 22/27 | €361,881 | €326,851 | -€35,031 | -9.7% |
| Land and buildings | 22 | €360,745 | €324,846 | -€35,899 | -10.0% |
| Furniture and vehicles | 24 | €1,136 | €2,005 | +€869 | +76.5% |
| Current assets | 29/58 | €55,297 | €75,223 | +€19,926 | +36.0% |
| Amounts receivable within one year | 40/41 | €43,581 | €54,450 | +€10,869 | +24.9% |
| Trade receivables | 40 | €43,581 | €54,450 | +€10,869 | +24.9% |
| Cash at bank and in hand | 54/58 | €11,653 | €17,053 | +€5,401 | +46.3% |
| Deferred charges and accrued income | 490/1 | €63 | €3,719 | +€3,656 | +5,788% |
| Total equity and liabilities | 10/49 | €417,178 | €402,074 | -€15,105 | -3.6% |
| Equity | 10/15 | €30,265 | €30,908 | +€643 | +2.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,265 | €29,908 | +€643 | +2.2% |
| Distributable reserves | 133 | €29,265 | €29,908 | +€643 | +2.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €386,913 | €371,166 | -€15,748 | -4.1% |
| Amounts payable after more than one year | 17 | €279,427 | €269,261 | -€10,166 | -3.6% |
| Financial debts | 170/4 | €279,427 | €269,261 | -€10,166 | -3.6% |
| Amounts payable within one year | 42/48 | €107,486 | €100,655 | -€6,832 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €9,776 | €10,166 | +€391 | +4.0% |
| Trade debts | 44 | €841 | €5,787 | +€4,946 | +588% |
| Suppliers | 440/4 | €841 | €5,787 | +€4,946 | +588% |
| Taxes, remuneration and social security | 45 | €23,916 | €16,227 | -€7,689 | -32.1% |
| Taxes | 450/3 | €11,466 | €13,777 | +€2,311 | +20.2% |
| Remuneration and social security | 454/9 | €12,450 | €2,450 | -€10,000 | -80.3% |
| Other amounts payable | 47/48 | €72,954 | €68,475 | -€4,479 | -6.1% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,461 | €45,065 | +€40,604 | +910% |
| Other operating charges | 640/8 | €503 | €550 | +€47 | +9.3% |
| Gross operating margin | 9900 | €47,412 | €58,930 | +€11,518 | +24.3% |
| Operating profit (loss) | 9901 | €42,447 | €13,314 | -€29,133 | -68.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,096 | €11,821 | +€7,726 | +189% |
| Recurring financial charges | 65 | €4,096 | €11,821 | +€7,726 | +189% |
| Profit (loss) for the period before taxes | 9903 | €38,352 | €1,493 | -€36,859 | -96.1% |
| Income taxes | 67/77 | €8,254 | €850 | -€7,404 | -89.7% |
| Profit (loss) for the period | 9904 | €30,098 | €643 | -€29,455 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,098 | €643 | -€29,455 | -97.9% |
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.