BAR'OLO: 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'OLO
Largest movements
- Receivables within one year +€25,369
up €25,369 (+168%), from €15,108 to €40,476
of which Trade receivables: +€23,956
- Stocks and contracts -€7,936
no longer reported in 2025 (was €7,936)
- Cash -€6,005
down €6,005 (-54.3%), from €11,067 to €5,062
mainly Receivables within one year (-€25,369) and Trade debts (-€6,020)
- Tangible fixed assets +€3,271
up €3,271 (+39.5%), from €8,288 to €11,559
of which Plant, machinery and equipment: +€5,212
- Reserves +€15,000
new in 2025: €15,000
- Trade debts -€6,020
down €6,020 (-41.9%), from €14,375 to €8,355
- Tax, wage and social debts +€4,836
up €4,836 (+41.5%), from €11,660 to €16,496
of which Taxes: +€6,242
- Profit (loss) carried forward +€3,648
up €3,648 (+83.4%), from €4,375 to €8,023
- Other debts -€2,500
no longer reported in 2025 (was €2,500)
- Staff costs -€33,072
down €33,072 (-66.9%), from €49,401 to €16,330
- Gross operating margin -€17,219
down €17,219 (-28.4%), from €60,632 to €43,413
- Taxes +€5,817
up €5,817 (+273%), from €2,128 to €7,945
- Other operating charges -€1,284
down €1,284 (-66.1%), from €1,942 to €658
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 | €42,910 | €57,957 | +€15,047 | +35.1% |
| Fixed assets | 21/28 | €8,288 | €11,559 | +€3,271 | +39.5% |
| Tangible fixed assets | 22/27 | €8,288 | €11,559 | +€3,271 | +39.5% |
| Plant, machinery and equipment | 23 | €2,363 | €7,575 | +€5,212 | +221% |
| Furniture and vehicles | 24 | €5,925 | €3,984 | -€1,941 | -32.8% |
| Current assets | 29/58 | €34,622 | €46,398 | +€11,776 | +34.0% |
| Stocks and contracts in progress | 3 | €7,936 | - | -€7,936 | |
| Stocks | 30/36 | €7,936 | - | -€7,936 | |
| Amounts receivable within one year | 40/41 | €15,108 | €40,476 | +€25,369 | +168% |
| Trade receivables | 40 | €1,841 | €25,797 | +€23,956 | +1,301% |
| Other amounts receivable | 41 | €13,267 | €14,679 | +€1,412 | +10.6% |
| Cash at bank and in hand | 54/58 | €11,067 | €5,062 | -€6,005 | -54.3% |
| Deferred charges and accrued income | 490/1 | €512 | €860 | +€348 | +68.0% |
| Total equity and liabilities | 10/49 | €42,910 | €57,957 | +€15,047 | +35.1% |
| Equity | 10/15 | €14,375 | €33,023 | +€18,648 | +130% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €4,375 | €8,023 | +€3,648 | +83.4% |
| Amounts payable | 17/49 | €28,535 | €24,934 | -€3,601 | -12.6% |
| Amounts payable within one year | 42/48 | €28,535 | €24,934 | -€3,601 | -12.6% |
| Financial debts | 43 | - | €82 | +€82 | |
| Credit institutions | 430/8 | - | €82 | +€82 | |
| Trade debts | 44 | €14,375 | €8,355 | -€6,020 | -41.9% |
| Suppliers | 440/4 | €14,375 | €8,355 | -€6,020 | -41.9% |
| Taxes, remuneration and social security | 45 | €11,660 | €16,496 | +€4,836 | +41.5% |
| Taxes | 450/3 | €4,246 | €10,488 | +€6,242 | +147% |
| Remuneration and social security | 454/9 | €7,414 | €6,008 | -€1,406 | -19.0% |
| Other amounts payable | 47/48 | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €49,401 | €16,330 | -€33,072 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €792 | €486 | -€306 | -38.6% |
| Other operating charges | 640/8 | €1,942 | €658 | -€1,284 | -66.1% |
| Gross operating margin | 9900 | €60,632 | €43,413 | -€17,219 | -28.4% |
| Operating profit (loss) | 9901 | €8,497 | €25,939 | +€17,442 | +205% |
| Financial income | 75/76B | €512 | €861 | +€349 | +68.1% |
| Recurring financial income | 75 | €512 | €861 | +€349 | +68.1% |
| Financial charges | 65/66B | €6 | €207 | +€201 | +3,252% |
| Recurring financial charges | 65 | €6 | €207 | +€201 | +3,252% |
| Profit (loss) for the period before taxes | 9903 | €9,003 | €26,594 | +€17,590 | +195% |
| Income taxes | 67/77 | €2,128 | €7,945 | +€5,817 | +273% |
| Profit (loss) for the period | 9904 | €6,875 | €18,648 | +€11,773 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €6,875 | €18,648 | +€11,773 | +171% |
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.