BARAN: 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.
BARAN
Largest movements
- Cash +€72,393
up €72,393 (+248.7%), from €29,105 to €101,498
mainly Tax, wage and social debts (+€33,661) and Net result for the year (+€33,512)
- Receivables within one year +€64,305
up €64,305 (+137.8%), from €46,666 to €110,971
of which Trade receivables: +€79,429
- Stocks and contracts -€32,600
down €32,600 (-13.7%), from €237,150 to €204,550
- Tangible fixed assets -€19,213
down €19,213 (-18.1%), from €106,112 to €86,899
- Tax, wage and social debts +€33,661
up €33,661 (+171.8%), from €19,589 to €53,251
of which Taxes: +€22,573
- Profit (loss) carried forward +€33,512
up €33,512 (+253.1%), from €13,240 to €46,753
- Other debts +€29,764
up €29,764 (+30.6%), from €97,409 to €127,173
- Debts after one year -€11,937
down €11,937 (-31.0%), from €38,476 to €26,539
- Trade debts -€10,707
down €10,707 (-5.0%), from €214,874 to €204,167
- Gross operating margin +€47,088
up €47,088 (+22.2%), from €211,821 to €258,909
- Staff costs +€43,196
up €43,196 (+48.2%), from €89,589 to €132,786
- Taxes +€17,204
new in 2024: €17,204
- Depreciation +€8,050
up €8,050 (+33.0%), from €24,369 to €32,419
- Financial charges -€7,263
down €7,263 (-16.0%), from €45,518 to €38,254
of which Non-recurring financial charges: -€6,276
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,217 | €515,889 | +€82,673 | +19.1% |
| Formation expenses | 20 | €157 | - | -€157 | |
| Fixed assets | 21/28 | €119,241 | €98,603 | -€20,638 | -17.3% |
| Intangible fixed assets | 21 | €1,429 | €4 | -€1,425 | -99.7% |
| Tangible fixed assets | 22/27 | €106,112 | €86,899 | -€19,213 | -18.1% |
| Plant, machinery and equipment | 23 | €12,901 | €4,919 | -€7,982 | -61.9% |
| Furniture and vehicles | 24 | €61,660 | €54,648 | -€7,012 | -11.4% |
| Other tangible fixed assets | 26 | €31,551 | €27,332 | -€4,219 | -13.4% |
| Financial fixed assets | 28 | €11,700 | €11,700 | = | 0.0% |
| Current assets | 29/58 | €313,819 | €417,287 | +€103,468 | +33.0% |
| Stocks and contracts in progress | 3 | €237,150 | €204,550 | -€32,600 | -13.7% |
| Stocks | 30/36 | €237,150 | €204,550 | -€32,600 | -13.7% |
| Amounts receivable within one year | 40/41 | €46,666 | €110,971 | +€64,305 | +137.8% |
| Trade receivables | 40 | €18,551 | €97,980 | +€79,429 | +428.2% |
| Other amounts receivable | 41 | €28,115 | €12,991 | -€15,124 | -53.8% |
| Cash at bank and in hand | 54/58 | €29,105 | €101,498 | +€72,393 | +248.7% |
| Deferred charges and accrued income | 490/1 | €898 | €267 | -€630 | -70.2% |
| Total equity and liabilities | 10/49 | €433,217 | €515,889 | +€82,673 | +19.1% |
| Equity | 10/15 | €23,240 | €56,753 | +€33,512 | +144.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,240 | €46,753 | +€33,512 | +253.1% |
| Amounts payable | 17/49 | €409,977 | €459,137 | +€49,160 | +12.0% |
| Amounts payable after more than one year | 17 | €38,476 | €26,539 | -€11,937 | -31.0% |
| Financial debts | 170/4 | €38,476 | €26,539 | -€11,937 | -31.0% |
| Amounts payable within one year | 42/48 | €347,158 | €400,434 | +€53,276 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €11,446 | €11,937 | +€491 | +4.3% |
| Financial debts | 43 | €3,840 | €3,907 | +€67 | +1.7% |
| Credit institutions | 430/8 | €3,840 | €3,907 | +€67 | +1.7% |
| Trade debts | 44 | €214,874 | €204,167 | -€10,707 | -5.0% |
| Suppliers | 440/4 | €214,874 | €204,167 | -€10,707 | -5.0% |
| Taxes, remuneration and social security | 45 | €19,589 | €53,251 | +€33,661 | +171.8% |
| Taxes | 450/3 | €7,993 | €30,566 | +€22,573 | +282.4% |
| Remuneration and social security | 454/9 | €11,596 | €22,685 | +€11,088 | +95.6% |
| Other amounts payable | 47/48 | €97,409 | €127,173 | +€29,764 | +30.6% |
| Accrued charges and deferred income | 492/3 | €24,343 | €32,164 | +€7,821 | +32.1% |
| Non-recurring operating income | 76A | €53,755 | - | -€53,755 | |
| Remuneration, social security and pensions | 62 | €89,589 | €132,786 | +€43,196 | +48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,369 | €32,419 | +€8,050 | +33.0% |
| Other operating charges | 640/8 | €9,797 | €4,527 | -€5,270 | -53.8% |
| Non-recurring operating charges | 66A | €48,064 | €207 | -€47,857 | -99.6% |
| Gross operating margin | 9900 | €211,821 | €258,909 | +€47,088 | +22.2% |
| Operating profit (loss) | 9901 | €40,001 | €88,970 | +€48,968 | +122.4% |
| Financial income | 75/76B | €26 | €1 | -€25 | -97.5% |
| Recurring financial income | 75 | €26 | €1 | -€25 | -97.5% |
| Financial charges | 65/66B | €45,518 | €38,254 | -€7,263 | -16.0% |
| Recurring financial charges | 65 | €7,055 | €6,067 | -€988 | -14.0% |
| Non-recurring financial charges | 66B | €38,462 | €32,187 | -€6,276 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,491 | €50,716 | +€56,207 | |
| Income taxes | 67/77 | - | €17,204 | +€17,204 | |
| Profit (loss) for the period | 9904 | -€5,491 | €33,512 | +€39,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,491 | €33,512 | +€39,003 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.