BARACA: 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.
BARACA
Largest movements
- Current investments +€10.7m
new in 2023: €10.7m
- Cash -€10.2m
down €10.2m (-97.8%), from €10.4m to €230,102
mainly Current investments (-€10.7m) and Contributions, distributions and other (-€183,916)
- Receivables after one year -€162,901
down €162,901 (-9.1%), from €1.8m to €1.6m
- Reserves +€265,396
up €265,396 (+2.2%), from €12.2m to €12.4m
of which Distributable reserves: +€12.4m
- Financial income +€383,536
up €383,536 (+461%), from €83,151 to €466,687
- Financial charges -€214,104
down €214,104, from €23,814 to -€190,291
- Taxes +€140,425
new in 2023: €140,425
- Gross operating margin +€27,590
new in 2023: €27,590
- Other operating charges +€15,914
new in 2023: €15,914
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,298,316 | €12,646,654 | +€348,338 | +2.8% |
| Current assets | 29/58 | €12,298,316 | €12,646,654 | +€348,338 | +2.8% |
| Amounts receivable after more than one year | 29 | €1,783,599 | €1,620,698 | -€162,901 | -9.1% |
| Other amounts receivable | 291 | €1,783,599 | €1,620,698 | -€162,901 | -9.1% |
| Amounts receivable within one year | 40/41 | - | €91,224 | +€91,224 | |
| Trade receivables | 40 | - | €2,157 | +€2,157 | |
| Other amounts receivable | 41 | - | €89,067 | +€89,067 | |
| Current investments | 50/53 | - | €10,704,630 | +€10.7m | |
| Cash at bank and in hand | 54/58 | €10,431,566 | €230,102 | -€10.2m | -97.8% |
| Deferred charges and accrued income | 490/1 | €83,151 | - | -€83,151 | |
| Total equity and liabilities | 10/49 | €12,298,316 | €12,646,654 | +€348,338 | +2.8% |
| Equity | 10/15 | €12,272,786 | €12,538,183 | +€265,396 | +2.2% |
| Contributions | 10/11 | €33,934 | €33,934 | = | 0.0% |
| Reserves | 13 | €12,181,232 | €12,446,628 | +€265,396 | +2.2% |
| Non-distributable reserves | 130/1 | €12,181,232 | - | -€12.2m | |
| Other | 1319 | €12,181,232 | - | -€12.2m | |
| Distributable reserves | 133 | - | €12,446,628 | +€12.4m | |
| Profit (loss) carried forward | 14 | €57,621 | €57,621 | = | 0.0% |
| Amounts payable | 17/49 | €25,530 | €108,472 | +€82,942 | +325% |
| Amounts payable within one year | 42/48 | €1,716 | €108,472 | +€106,755 | +6,220% |
| Trade debts | 44 | €1,716 | €3,923 | +€2,206 | +129% |
| Suppliers | 440/4 | €1,716 | €3,923 | +€2,206 | +129% |
| Taxes, remuneration and social security | 45 | - | €104,549 | +€104,549 | |
| Taxes | 450/3 | - | €92,949 | +€92,949 | |
| Remuneration and social security | 454/9 | - | €11,600 | +€11,600 | |
| Accrued charges and deferred income | 492/3 | €23,814 | - | -€23,814 | |
| Non-recurring operating income | 76A | - | €94,188 | +€94,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,716 | - | -€1,716 | |
| Other operating charges | 640/8 | - | €15,914 | +€15,914 | |
| Non-recurring operating charges | 66A | - | €78,917 | +€78,917 | |
| Gross operating margin | 9900 | - | €27,590 | +€27,590 | |
| Operating profit (loss) | 9901 | -€1,716 | -€67,240 | -€65,524 | -3,818% |
| Financial income | 75/76B | €83,151 | €466,687 | +€383,536 | +461% |
| Recurring financial income | 75 | €83,151 | €466,687 | +€383,536 | +461% |
| Financial charges | 65/66B | €23,814 | -€190,291 | -€214,104 | |
| Recurring financial charges | 65 | €23,814 | -€190,291 | -€214,104 | |
| Profit (loss) for the period before taxes | 9903 | €57,621 | €589,737 | +€532,116 | +923% |
| Income taxes | 67/77 | - | €140,425 | +€140,425 | |
| Profit (loss) for the period | 9904 | €57,621 | €449,312 | +€391,691 | +680% |
| Profit (loss) for the period to be appropriated | 9905 | €57,621 | €449,312 | +€391,691 | +680% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.