BARAA GROUPS: what changed
BARAA GROUPS
Largest movements
- Tangible fixed assets -€19,921
down €19,921 (-52.9%), from €37,638 to €17,717
of which Furniture and vehicles: -€21,061
- Cash +€5,285
up €5,285 (+137%), from €3,869 to €9,154
mainly Investment in fixed assets (net) (+€15,460) and Depreciation (+€4,461)
- Receivables within one year -€2,099
down €2,099 (-62.6%), from €3,352 to €1,253
of which Trade receivables: -€1,949
- Debts after one year -€6,000
down €6,000 (-17.1%), from €35,000 to €29,000
- Profit (loss) carried forward -€5,221
down €5,221, from €523 to -€4,699
- Tax, wage and social debts -€2,548
down €2,548 (-100%), from €2,548 to €0
- Accrued charges and deferred income -€1,417
no longer reported in 2025 (was €1,417)
- Trade debts -€1,184
down €1,184 (-92.3%), from €1,283 to €99
- Gross operating margin +€3,268
up €3,268 (+58.4%), from €5,596 to €8,864
- Financial charges +€1,747
up €1,747, from -€1,572 to €175
- Depreciation -€774
down €774 (-14.8%), from €5,235 to €4,461
- Other operating charges -€203
down €203 (-13.5%), from €1,497 to €1,295
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,025 | €28,125 | -€16,900 | -37.5% |
| Fixed assets | 21/28 | €37,638 | €17,717 | -€19,921 | -52.9% |
| Tangible fixed assets | 22/27 | €37,638 | €17,717 | -€19,921 | -52.9% |
| Plant, machinery and equipment | 23 | - | €1,140 | +€1,140 | |
| Furniture and vehicles | 24 | €37,638 | €16,577 | -€21,061 | -56.0% |
| Current assets | 29/58 | €7,386 | €10,408 | +€3,021 | +40.9% |
| Amounts receivable within one year | 40/41 | €3,352 | €1,253 | -€2,099 | -62.6% |
| Trade receivables | 40 | €2,108 | €158 | -€1,949 | -92.5% |
| Other amounts receivable | 41 | €1,245 | €1,095 | -€150 | -12.0% |
| Cash at bank and in hand | 54/58 | €3,869 | €9,154 | +€5,285 | +137% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €45,025 | €28,125 | -€16,900 | -37.5% |
| Equity | 10/15 | €2,523 | -€2,699 | -€5,221 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €523 | -€4,699 | -€5,221 | |
| Amounts payable | 17/49 | €42,502 | €30,824 | -€11,679 | -27.5% |
| Amounts payable after more than one year | 17 | €35,000 | €29,000 | -€6,000 | -17.1% |
| Financial debts | 170/4 | €35,000 | €29,000 | -€6,000 | -17.1% |
| Amounts payable within one year | 42/48 | €6,085 | €1,824 | -€4,261 | -70.0% |
| Trade debts | 44 | €1,283 | €99 | -€1,184 | -92.3% |
| Suppliers | 440/4 | €1,283 | €99 | -€1,184 | -92.3% |
| Advances received on contracts in progress | 46 | €299 | - | -€299 | |
| Taxes, remuneration and social security | 45 | €2,548 | €0 | -€2,548 | -100% |
| Taxes | 450/3 | €2,548 | €0 | -€2,548 | -100% |
| Other amounts payable | 47/48 | €1,955 | €1,725 | -€231 | -11.8% |
| Accrued charges and deferred income | 492/3 | €1,417 | - | -€1,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,235 | €4,461 | -€774 | -14.8% |
| Other operating charges | 640/8 | €1,497 | €1,295 | -€203 | -13.5% |
| Non-recurring operating charges | 66A | - | €8,154 | +€8,154 | |
| Gross operating margin | 9900 | €5,596 | €8,864 | +€3,268 | +58.4% |
| Operating profit (loss) | 9901 | -€1,136 | -€5,046 | -€3,910 | -344% |
| Financial income | 75/76B | €87 | €0 | -€87 | -100.0% |
| Recurring financial income | 75 | €87 | €0 | -€87 | -100.0% |
| Financial charges | 65/66B | -€1,572 | €175 | +€1,747 | |
| Recurring financial charges | 65 | -€1,572 | €175 | +€1,747 | |
| Profit (loss) for the period before taxes | 9903 | €523 | -€5,221 | -€5,744 | |
| Profit (loss) for the period | 9904 | €523 | -€5,221 | -€5,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €523 | -€5,221 | -€5,744 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.