BARAN 23: 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.
BARAN 23
Largest movements
- Receivables within one year +€12,698
up €12,698 (+25.8%), from €49,294 to €61,992
of which Other amounts receivable: +€18,187
- Cash -€5,594
down €5,594 (-69.4%), from €8,059 to €2,465
mainly Receivables within one year (-€12,698) and Trade debts (-€6,621)
- Tangible fixed assets -€2,088
down €2,088 (-29.9%), from €6,990 to €4,901
of which Plant, machinery and equipment: -€3,600
- Reserves +€8,233
up €8,233 (+31.3%), from €26,279 to €34,512
- Trade debts -€6,621
down €6,621 (-56.9%), from €11,632 to €5,011
- Tax, wage and social debts +€3,941
up €3,941 (+20.0%), from €19,706 to €23,647
of which Taxes: +€2,404
- Gross operating margin -€16,507
down €16,507 (-14.3%), from €115,509 to €99,001
- Taxes -€2,558
down €2,558 (-52.1%), from €4,910 to €2,353
- Other operating charges -€1,860
down €1,860 (-70.6%), from €2,634 to €774
- Financial income +€1,275
new in 2025: €1,275
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 | €67,618 | €73,170 | +€5,552 | +8.2% |
| Fixed assets | 21/28 | €6,990 | €4,901 | -€2,088 | -29.9% |
| Tangible fixed assets | 22/27 | €6,990 | €4,901 | -€2,088 | -29.9% |
| Plant, machinery and equipment | 23 | €6,105 | €2,505 | -€3,600 | -59.0% |
| Furniture and vehicles | 24 | €884 | €2,396 | +€1,512 | +171% |
| Current assets | 29/58 | €60,628 | €68,269 | +€7,641 | +12.6% |
| Stocks and contracts in progress | 3 | €2,260 | €2,550 | +€290 | +12.8% |
| Stocks | 30/36 | €2,260 | €2,550 | +€290 | +12.8% |
| Amounts receivable within one year | 40/41 | €49,294 | €61,992 | +€12,698 | +25.8% |
| Trade receivables | 40 | €5,488 | - | -€5,488 | |
| Other amounts receivable | 41 | €43,805 | €61,992 | +€18,187 | +41.5% |
| Cash at bank and in hand | 54/58 | €8,059 | €2,465 | -€5,594 | -69.4% |
| Deferred charges and accrued income | 490/1 | €1,016 | €1,262 | +€246 | +24.2% |
| Total equity and liabilities | 10/49 | €67,618 | €73,170 | +€5,552 | +8.2% |
| Equity | 10/15 | €36,279 | €44,512 | +€8,233 | +22.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €26,279 | €34,512 | +€8,233 | +31.3% |
| Distributable reserves | 133 | €26,279 | €34,512 | +€8,233 | +31.3% |
| Amounts payable | 17/49 | €31,338 | €28,658 | -€2,680 | -8.6% |
| Amounts payable within one year | 42/48 | €31,338 | €28,658 | -€2,680 | -8.6% |
| Trade debts | 44 | €11,632 | €5,011 | -€6,621 | -56.9% |
| Suppliers | 440/4 | €11,632 | €5,011 | -€6,621 | -56.9% |
| Taxes, remuneration and social security | 45 | €19,706 | €23,647 | +€3,941 | +20.0% |
| Taxes | 450/3 | €13,683 | €16,087 | +€2,404 | +17.6% |
| Remuneration and social security | 454/9 | €6,023 | €7,560 | +€1,537 | +25.5% |
| Remuneration, social security and pensions | 62 | €84,051 | €83,864 | -€187 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,820 | €4,438 | +€618 | +16.2% |
| Other operating charges | 640/8 | €2,634 | €774 | -€1,860 | -70.6% |
| Gross operating margin | 9900 | €115,509 | €99,001 | -€16,507 | -14.3% |
| Operating profit (loss) | 9901 | €25,004 | €9,925 | -€15,079 | -60.3% |
| Financial income | 75/76B | - | €1,275 | +€1,275 | |
| Recurring financial income | 75 | - | €1,275 | +€1,275 | |
| Financial charges | 65/66B | €585 | €614 | +€29 | +5.0% |
| Recurring financial charges | 65 | €585 | €614 | +€29 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €24,419 | €10,585 | -€13,833 | -56.7% |
| Income taxes | 67/77 | €4,910 | €2,353 | -€2,558 | -52.1% |
| Profit (loss) for the period | 9904 | €19,508 | €8,233 | -€11,276 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,508 | €8,233 | -€11,276 | -57.8% |
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 17 October 2026 via checked.be.