BARA ESTATE: 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.
BARA ESTATE
Largest movements
- Cash +€294,898
up €294,898 (+43670.5%), from €675 to €295,573
mainly Investment in fixed assets (net) (+€199,046) and Net result for the year (+€171,411)
- Tangible fixed assets -€199,046
no longer reported in 2025 (was €199,046)
- Receivables within one year +€54,115
up €54,115 (+14.5%), from €373,998 to €428,112
of which Other amounts receivable: +€54,115
- Profit (loss) carried forward +€170,598
up €170,598, from -€155,134 to €15,463
- Investment grants -€20,788
no longer reported in 2025 (was €20,788)
- Gross operating margin +€153,692
up €153,692, from -€7,524 to €146,167
- Financial income +€20,067
up €20,067 (+199.9%), from €10,038 to €30,104
- Depreciation -€10,294
no longer reported in 2025 (was €10,294)
- Other operating charges -€6,560
down €6,560 (-58.1%), from €11,282 to €4,722
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 | €871,906 | €1,021,686 | +€149,780 | +17.2% |
| Fixed assets | 21/28 | €208,046 | €9,000 | -€199,046 | -95.7% |
| Tangible fixed assets | 22/27 | €199,046 | - | -€199,046 | |
| Land and buildings | 22 | €199,046 | - | -€199,046 | |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €663,861 | €1,012,686 | +€348,825 | +52.5% |
| Stocks and contracts in progress | 3 | €289,000 | €289,000 | = | 0.0% |
| Stocks | 30/36 | €289,000 | €289,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €373,998 | €428,112 | +€54,115 | +14.5% |
| Trade receivables | 40 | €17,812 | €17,812 | = | 0.0% |
| Other amounts receivable | 41 | €356,186 | €410,301 | +€54,115 | +15.2% |
| Cash at bank and in hand | 54/58 | €675 | €295,573 | +€294,898 | +43670.5% |
| Deferred charges and accrued income | 490/1 | €188 | - | -€188 | |
| Total equity and liabilities | 10/49 | €871,906 | €1,021,686 | +€149,780 | +17.2% |
| Equity | 10/15 | €865,654 | €1,016,277 | +€150,623 | +17.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | - | €814 | +€814 | |
| Non-distributable reserves | 130/1 | - | €814 | +€814 | |
| Legal reserve | 130 | - | €814 | +€814 | |
| Profit (loss) carried forward | 14 | -€155,134 | €15,463 | +€170,598 | |
| Investment grants | 15 | €20,788 | - | -€20,788 | |
| Amounts payable | 17/49 | €6,252 | €5,409 | -€844 | -13.5% |
| Amounts payable within one year | 42/48 | €6,252 | €5,409 | -€844 | -13.5% |
| Trade debts | 44 | €222 | €879 | +€656 | +295.0% |
| Suppliers | 440/4 | €222 | €879 | +€656 | +295.0% |
| Other amounts payable | 47/48 | €6,030 | €4,530 | -€1,500 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,294 | - | -€10,294 | |
| Other operating charges | 640/8 | €11,282 | €4,722 | -€6,560 | -58.1% |
| Gross operating margin | 9900 | -€7,524 | €146,167 | +€153,692 | |
| Operating profit (loss) | 9901 | -€29,101 | €141,446 | +€170,546 | |
| Financial income | 75/76B | €10,038 | €30,104 | +€20,067 | +199.9% |
| Recurring financial income | 75 | €10,038 | €30,104 | +€20,067 | +199.9% |
| Financial charges | 65/66B | €123 | €138 | +€16 | +12.8% |
| Recurring financial charges | 65 | €123 | €138 | +€16 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,186 | €171,411 | +€190,597 | |
| Profit (loss) for the period | 9904 | -€19,186 | €171,411 | +€190,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,186 | €171,411 | +€190,597 |
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 11 October 2026 via checked.be.