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
- Cash -€1,896
down €1,896 (-49.7%), from €3,815 to €1,919
mainly Other debts (-€4,120) and Investment in fixed assets (net) (-€3,317)
- Stocks and contracts -€1,660
down €1,660 (-51.5%), from €3,225 to €1,565
- Tangible fixed assets +€799
up €799 (+14.1%), from €5,645 to €6,444
of which Plant, machinery and equipment: +€2,532
- Receivables within one year +€190
up €190 (+528.2%), from €36 to €226
- Other debts -€4,120
down €4,120 (-28.5%), from €14,455 to €10,335
- Trade debts -€2,564
down €2,564 (-38.6%), from €6,647 to €4,083
- Tax, wage and social debts +€2,233
up €2,233 (+51.2%), from €4,365 to €6,598
- Profit (loss) carried forward +€1,893
up €1,893 (+13.8%), from -€13,716 to -€11,823
- Gross operating margin +€12,527
up €12,527, from -€5,551 to €6,976
- Depreciation +€1,812
up €1,812 (+256.7%), from €706 to €2,518
- Other operating charges +€1,262
up €1,262 (+101.8%), from €1,240 to €2,502
- Financial charges -€145
down €145 (-70.2%), from €207 to €62
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.
Cash bridge derived
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 | €13,750 | €11,193 | -€2,557 | -18.6% |
| Fixed assets | 21/28 | €6,365 | €7,164 | +€799 | +12.5% |
| Tangible fixed assets | 22/27 | €5,645 | €6,444 | +€799 | +14.1% |
| Plant, machinery and equipment | 23 | €866 | €3,398 | +€2,532 | +292.2% |
| Furniture and vehicles | 24 | €4,779 | €3,045 | -€1,733 | -36.3% |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Current assets | 29/58 | €7,385 | €4,029 | -€3,356 | -45.4% |
| Stocks and contracts in progress | 3 | €3,225 | €1,565 | -€1,660 | -51.5% |
| Stocks | 30/36 | €3,225 | €1,565 | -€1,660 | -51.5% |
| Amounts receivable within one year | 40/41 | €36 | €226 | +€190 | +528.2% |
| Other amounts receivable | 41 | €36 | €226 | +€190 | +528.2% |
| Cash at bank and in hand | 54/58 | €3,815 | €1,919 | -€1,896 | -49.7% |
| Deferred charges and accrued income | 490/1 | €309 | €320 | +€11 | +3.4% |
| Total equity and liabilities | 10/49 | €13,750 | €11,193 | -€2,557 | -18.6% |
| Equity | 10/15 | -€11,716 | -€9,823 | +€1,893 | +16.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,716 | -€11,823 | +€1,893 | +13.8% |
| Amounts payable | 17/49 | €25,467 | €21,016 | -€4,451 | -17.5% |
| Amounts payable within one year | 42/48 | €25,467 | €21,016 | -€4,451 | -17.5% |
| Trade debts | 44 | €6,647 | €4,083 | -€2,564 | -38.6% |
| Suppliers | 440/4 | €6,647 | €4,083 | -€2,564 | -38.6% |
| Taxes, remuneration and social security | 45 | €4,365 | €6,598 | +€2,233 | +51.2% |
| Taxes | 450/3 | €4,365 | €6,598 | +€2,233 | +51.2% |
| Other amounts payable | 47/48 | €14,455 | €10,335 | -€4,120 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706 | €2,518 | +€1,812 | +256.7% |
| Other operating charges | 640/8 | €1,240 | €2,502 | +€1,262 | +101.8% |
| Gross operating margin | 9900 | -€5,551 | €6,976 | +€12,527 | |
| Operating profit (loss) | 9901 | -€7,497 | €1,955 | +€9,452 | |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €207 | €62 | -€145 | -70.2% |
| Recurring financial charges | 65 | €207 | €62 | -€145 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,689 | €1,893 | +€9,582 | |
| Profit (loss) for the period | 9904 | -€7,689 | €1,893 | +€9,582 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,689 | €1,893 | +€9,582 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.