BAR MADAM: 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.
BAR MADAM
Largest movements
- Receivables within one year -€4,004
down €4,004 (-52.3%), from €7,663 to €3,659
of which Other amounts receivable: -€3,228
- Stocks and contracts +€2,192
up €2,192 (+279%), from €786 to €2,978
- Cash -€680
down €680 (-15.1%), from €4,515 to €3,835
mainly Net result for the year (-€6,674) and Stocks and contracts (-€2,192)
- Tangible fixed assets +€484
up €484 (+11.1%), from €4,344 to €4,828
of which Furniture and vehicles: +€1,312
- Profit (loss) carried forward -€6,674
down €6,674, from €6,384 to -€291
- Tax, wage and social debts +€4,304
up €4,304 (+5,337%), from €81 to €4,384
of which Remuneration and social security: +€3,211
- Advances received +€1,200
new in 2025: €1,200
- Trade debts -€837
down €837 (-25.8%), from €3,244 to €2,407
- Staff costs +€21,798
new in 2025: €21,798
- Gross operating margin +€15,853
up €15,853 (+431%), from €3,682 to €19,535
- Financial charges +€355
up €355 (+20.2%), from €1,752 to €2,107
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 | €17,308 | €15,300 | -€2,008 | -11.6% |
| Fixed assets | 21/28 | €4,344 | €4,828 | +€484 | +11.1% |
| Tangible fixed assets | 22/27 | €4,344 | €4,828 | +€484 | +11.1% |
| Plant, machinery and equipment | 23 | €3,312 | €2,484 | -€827 | -25.0% |
| Furniture and vehicles | 24 | €1,033 | €2,344 | +€1,312 | +127% |
| Current assets | 29/58 | €12,964 | €10,472 | -€2,492 | -19.2% |
| Stocks and contracts in progress | 3 | €786 | €2,978 | +€2,192 | +279% |
| Stocks | 30/36 | €786 | €2,978 | +€2,192 | +279% |
| Amounts receivable within one year | 40/41 | €7,663 | €3,659 | -€4,004 | -52.3% |
| Trade receivables | 40 | €1,026 | €250 | -€776 | -75.6% |
| Other amounts receivable | 41 | €6,637 | €3,409 | -€3,228 | -48.6% |
| Cash at bank and in hand | 54/58 | €4,515 | €3,835 | -€680 | -15.1% |
| Total equity and liabilities | 10/49 | €17,308 | €15,300 | -€2,008 | -11.6% |
| Equity | 10/15 | €8,884 | €2,209 | -€6,674 | -75.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,384 | -€291 | -€6,674 | |
| Amounts payable | 17/49 | €8,425 | €13,091 | +€4,666 | +55.4% |
| Amounts payable after more than one year | 17 | €4,500 | €4,500 | = | 0.0% |
| Financial debts | 170/4 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,925 | €8,591 | +€4,666 | +119% |
| Trade debts | 44 | €3,244 | €2,407 | -€837 | -25.8% |
| Suppliers | 440/4 | €3,244 | €2,407 | -€837 | -25.8% |
| Advances received on contracts in progress | 46 | - | €1,200 | +€1,200 | |
| Taxes, remuneration and social security | 45 | €81 | €4,384 | +€4,304 | +5,337% |
| Taxes | 450/3 | €81 | €1,173 | +€1,092 | +1,355% |
| Remuneration and social security | 454/9 | - | €3,211 | +€3,211 | |
| Other amounts payable | 47/48 | €600 | €600 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €21,798 | +€21,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €1,215 | +€160 | +15.2% |
| Other operating charges | 640/8 | €981 | €1,132 | +€152 | +15.5% |
| Gross operating margin | 9900 | €3,682 | €19,535 | +€15,853 | +431% |
| Operating profit (loss) | 9901 | €1,647 | -€4,610 | -€6,257 | |
| Financial income | 75/76B | €65 | €43 | -€22 | -33.9% |
| Recurring financial income | 75 | €65 | €43 | -€22 | -33.9% |
| Financial charges | 65/66B | €1,752 | €2,107 | +€355 | +20.2% |
| Recurring financial charges | 65 | €1,752 | €2,107 | +€355 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | -€41 | -€6,674 | -€6,634 | -16,219% |
| Income taxes | 67/77 | €81 | - | -€81 | |
| Profit (loss) for the period | 9904 | -€122 | -€6,674 | -€6,553 | -5,392% |
| Profit (loss) for the period to be appropriated | 9905 | -€122 | -€6,674 | -€6,553 | -5,392% |
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 19 October 2026 via checked.be.