BARADENT: 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.
BARADENT
Largest movements
- Cash +€110,523
up €110,523 (+46.2%), from €239,314 to €349,838
mainly Net result for the year (+€173,562) and Current investments (+€110,000)
- Current investments -€110,000
no longer reported in 2025 (was €110,000)
- Tangible fixed assets -€39,172
down €39,172 (-9.6%), from €407,917 to €368,745
of which Plant, machinery and equipment: -€22,836
- Trade debts -€22,670
down €22,670 (-75.7%), from €29,964 to €7,293
of which Suppliers: -€19,318
- Profit (loss) carried forward -€18,438
down €18,438 (-2.7%), from €693,193 to €674,755
- Turnover +€68,320
up €68,320 (+7.8%), from €874,184 to €942,504
- Gross operating margin +€61,884
up €61,884 (+16.3%), from €378,517 to €440,401
- Taxes +€24,496
up €24,496 (+48.5%), from €50,504 to €75,000
- Depreciation +€23,940
up €23,940 (+31.0%), from €77,282 to €101,223
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.
Derived cash bridge
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 | €772,955 | €734,016 | -€38,940 | -5.0% |
| Fixed assets | 21/28 | €421,337 | €376,832 | -€44,505 | -10.6% |
| Intangible fixed assets | 21 | €10,441 | €5,108 | -€5,333 | -51.1% |
| Tangible fixed assets | 22/27 | €407,917 | €368,745 | -€39,172 | -9.6% |
| Plant, machinery and equipment | 23 | €340,601 | €317,765 | -€22,836 | -6.7% |
| Furniture and vehicles | 24 | €67,316 | €50,980 | -€16,336 | -24.3% |
| Financial fixed assets | 28 | €2,979 | €2,979 | = | 0.0% |
| Current assets | 29/58 | €351,618 | €357,184 | +€5,565 | +1.6% |
| Amounts receivable within one year | 40/41 | €2,304 | - | -€2,304 | |
| Trade receivables | 40 | €286 | - | -€286 | |
| Other amounts receivable | 41 | €2,017 | - | -€2,017 | |
| Current investments | 50/53 | €110,000 | - | -€110,000 | |
| Cash at bank and in hand | 54/58 | €239,314 | €349,838 | +€110,523 | +46.2% |
| Deferred charges and accrued income | 490/1 | - | €7,346 | +€7,346 | |
| Total equity and liabilities | 10/49 | €772,955 | €734,016 | -€38,940 | -5.0% |
| Equity | 10/15 | €731,697 | €713,259 | -€18,438 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,904 | €19,904 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,044 | €18,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | €693,193 | €674,755 | -€18,438 | -2.7% |
| Amounts payable | 17/49 | €41,259 | €20,757 | -€20,502 | -49.7% |
| Amounts payable within one year | 42/48 | €41,259 | €20,757 | -€20,502 | -49.7% |
| Financial debts | 43 | - | €3,684 | +€3,684 | |
| Credit institutions | 430/8 | - | €3,684 | +€3,684 | |
| Trade debts | 44 | €29,964 | €7,293 | -€22,670 | -75.7% |
| Suppliers | 440/4 | €26,611 | €7,293 | -€19,318 | -72.6% |
| Bills of exchange payable | 441 | €3,353 | - | -€3,353 | |
| Taxes, remuneration and social security | 45 | €7,672 | €406 | -€7,266 | -94.7% |
| Taxes | 450/3 | €7,522 | €406 | -€7,116 | -94.6% |
| Remuneration and social security | 454/9 | €150 | - | -€150 | |
| Other amounts payable | 47/48 | €3,623 | €9,373 | +€5,750 | +159% |
| Turnover | 70 | €874,184 | €942,504 | +€68,320 | +7.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €507,689 | €515,672 | +€7,983 | +1.6% |
| Remuneration, social security and pensions | 62 | €86,327 | €89,717 | +€3,391 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,282 | €101,223 | +€23,940 | +31.0% |
| Other operating charges | 640/8 | €862 | €1,373 | +€511 | +59.3% |
| Gross operating margin | 9900 | €378,517 | €440,401 | +€61,884 | +16.3% |
| Operating profit (loss) | 9901 | €214,046 | €248,088 | +€34,042 | +15.9% |
| Financial income | 75/76B | €5,933 | €705 | -€5,229 | -88.1% |
| Recurring financial income | 75 | €5,933 | €705 | -€5,229 | -88.1% |
| Financial charges | 65/66B | €164 | €230 | +€66 | +40.6% |
| Recurring financial charges | 65 | €164 | €230 | +€66 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €219,815 | €248,562 | +€28,747 | +13.1% |
| Income taxes | 67/77 | €50,504 | €75,000 | +€24,496 | +48.5% |
| Profit (loss) for the period | 9904 | €169,311 | €173,562 | +€4,251 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €169,311 | €173,562 | +€4,251 | +2.5% |
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 13 October 2026 via checked.be.