Bar.on: what changed
Two fiscal 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.on
Largest movements
- Intangible fixed assets -€265,835
down €265,835 (-25.4%), from €1.0m to €779,303
- Receivables within one year -€94,895
down €94,895 (-84.1%), from €112,895 to €17,999
of which Trade receivables: -€51,953
- Tangible fixed assets -€71,114
down €71,114 (-28.0%), from €253,710 to €182,596
- Other debts -€1.0m
down €1.0m (-80.9%), from €1.3m to €243,723
- Profit (loss) carried forward -€866,473
down €866,473 (-34.8%), from -€2.5m to -€3.4m
- Debts after one year +€724,384
up €724,384 (+36.0%), from €2.0m to €2.7m
- Advances received +€408,743
new in 2024: €408,743
- Accrued charges and deferred income +€252,106
up €252,106 (+417.8%), from €60,346 to €312,452
- Gross operating margin +€864,773
up €864,773 (+92.9%), from -€931,101 to -€66,328
- Staff costs -€413,295
down €413,295 (-69.5%), from €595,020 to €181,725
- Financial charges +€266,500
up €266,500 (+17984.3%), from €1,482 to €267,982
- Depreciation +€55,998
up €55,998 (+19.3%), from €289,828 to €345,826
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,455,345 | €1,017,261 | -€438,084 | -30.1% |
| Fixed assets | 21/28 | €1,309,939 | €969,679 | -€340,260 | -26.0% |
| Intangible fixed assets | 21 | €1,045,139 | €779,303 | -€265,835 | -25.4% |
| Tangible fixed assets | 22/27 | €253,710 | €182,596 | -€71,114 | -28.0% |
| Plant, machinery and equipment | 23 | €159,071 | €126,968 | -€32,103 | -20.2% |
| Furniture and vehicles | 24 | €11,904 | €4,292 | -€7,612 | -63.9% |
| Other tangible fixed assets | 26 | €82,736 | €51,336 | -€31,399 | -38.0% |
| Financial fixed assets | 28 | €11,090 | €7,780 | -€3,310 | -29.8% |
| Current assets | 29/58 | €145,406 | €47,581 | -€97,824 | -67.3% |
| Amounts receivable within one year | 40/41 | €112,895 | €17,999 | -€94,895 | -84.1% |
| Trade receivables | 40 | €66,098 | €14,145 | -€51,953 | -78.6% |
| Other amounts receivable | 41 | €46,797 | €3,854 | -€42,943 | -91.8% |
| Cash at bank and in hand | 54/58 | €32,511 | €21,214 | -€11,297 | -34.7% |
| Deferred charges and accrued income | 490/1 | - | €8,368 | +€8,368 | |
| Total equity and liabilities | 10/49 | €1,455,345 | €1,017,261 | -€438,084 | -30.1% |
| Equity | 10/15 | -€2,262,368 | -€3,028,341 | -€765,973 | -33.9% |
| Contributions | 10/11 | €230,769 | €331,269 | +€100,500 | +43.6% |
| Profit (loss) carried forward | 14 | -€2,493,138 | -€3,359,610 | -€866,473 | -34.8% |
| Amounts payable | 17/49 | €3,717,713 | €4,045,602 | +€327,889 | +8.8% |
| Amounts payable after more than one year | 17 | €2,012,751 | €2,737,135 | +€724,384 | +36.0% |
| Financial debts | 170/4 | €2,012,751 | €2,737,135 | +€724,384 | +36.0% |
| Amounts payable within one year | 42/48 | €1,644,616 | €996,015 | -€648,601 | -39.4% |
| Trade debts | 44 | €356,655 | €306,734 | -€49,921 | -14.0% |
| Suppliers | 440/4 | €356,655 | €306,734 | -€49,921 | -14.0% |
| Advances received on contracts in progress | 46 | - | €408,743 | +€408,743 | |
| Taxes, remuneration and social security | 45 | €11,822 | €36,816 | +€24,994 | +211.4% |
| Taxes | 450/3 | €84 | €4,750 | +€4,666 | +5535.4% |
| Remuneration and social security | 454/9 | €11,738 | €32,066 | +€20,328 | +173.2% |
| Other amounts payable | 47/48 | €1,276,140 | €243,723 | -€1.0m | -80.9% |
| Accrued charges and deferred income | 492/3 | €60,346 | €312,452 | +€252,106 | +417.8% |
| Remuneration, social security and pensions | 62 | €595,020 | €181,725 | -€413,295 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289,828 | €345,826 | +€55,998 | +19.3% |
| Other operating charges | 640/8 | €1,797 | €4,906 | +€3,109 | +173.0% |
| Non-recurring operating charges | 66A | €57 | - | -€57 | |
| Gross operating margin | 9900 | -€931,101 | -€66,328 | +€864,773 | +92.9% |
| Operating profit (loss) | 9901 | -€1,817,803 | -€598,784 | +€1.2m | +67.1% |
| Financial income | 75/76B | €118 | €294 | +€176 | +149.6% |
| Recurring financial income | 75 | €118 | €294 | +€176 | +149.6% |
| Financial charges | 65/66B | €1,482 | €267,982 | +€266,500 | +17984.3% |
| Recurring financial charges | 65 | €1,482 | €267,982 | +€266,500 | +17984.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,819,167 | -€866,473 | +€952,695 | +52.4% |
| Income taxes | 67/77 | €84 | - | -€84 | |
| Profit (loss) for the period | 9904 | -€1,819,251 | -€866,473 | +€952,779 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,819,251 | -€866,473 | +€952,779 | +52.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.