BARAPAOT: 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.
BARAPAOT
Largest movements
- Stocks and contracts +€13,335
up €13,335 (+110.2%), from €12,098 to €25,433
- Cash -€3,938
down €3,938 (-49.7%), from €7,921 to €3,983
mainly Stocks and contracts (-€13,335) and Investment in fixed assets (net) (-€5,378)
- Tangible fixed assets +€3,787
up €3,787 (+44.4%), from €8,520 to €12,307
of which Land and buildings: +€5,380
- Deferred charges and accrued income +€1,414
new in 2025: €1,414
- Trade debts +€9,366
up €9,366 (+265.4%), from €3,529 to €12,895
- Tax, wage and social debts +€7,101
up €7,101 (+191.8%), from €3,702 to €10,803
of which Remuneration and social security: +€7,077
- Other debts -€2,125
no longer reported in 2025 (was €2,125)
- Gross operating margin +€7,044
up €7,044 (+78.8%), from €8,940 to €15,984
- Staff costs +€5,460
up €5,460 (+94.5%), from €5,779 to €11,239
- Other operating charges -€1,751
down €1,751 (-61.1%), from €2,864 to €1,113
- Depreciation +€724
up €724 (+83.5%), from €867 to €1,591
- Financial charges +€644
up €644 (+46.2%), from €1,393 to €2,037
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.
Cash bridge derived
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 | €30,433 | €44,779 | +€14,346 | +47.1% |
| Fixed assets | 21/28 | €8,705 | €12,492 | +€3,787 | +43.5% |
| Tangible fixed assets | 22/27 | €8,520 | €12,307 | +€3,787 | +44.4% |
| Land and buildings | 22 | - | €5,380 | +€5,380 | |
| Furniture and vehicles | 24 | €3,803 | €2,682 | -€1,121 | -29.5% |
| Other tangible fixed assets | 26 | €4,717 | €4,245 | -€472 | -10.0% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €21,728 | €32,287 | +€10,559 | +48.6% |
| Stocks and contracts in progress | 3 | €12,098 | €25,433 | +€13,335 | +110.2% |
| Stocks | 30/36 | €12,098 | €25,433 | +€13,335 | +110.2% |
| Amounts receivable within one year | 40/41 | €1,709 | €1,457 | -€252 | -14.7% |
| Trade receivables | 40 | €1,457 | €1,457 | = | 0.0% |
| Other amounts receivable | 41 | €252 | - | -€252 | |
| Cash at bank and in hand | 54/58 | €7,921 | €3,983 | -€3,938 | -49.7% |
| Deferred charges and accrued income | 490/1 | - | €1,414 | +€1,414 | |
| Total equity and liabilities | 10/49 | €30,433 | €44,779 | +€14,346 | +47.1% |
| Equity | 10/15 | €21,077 | €21,081 | +€4 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €13,017 | €13,021 | +€4 | 0.0% |
| Amounts payable | 17/49 | €9,356 | €23,698 | +€14,342 | +153.3% |
| Amounts payable within one year | 42/48 | €9,356 | €23,698 | +€14,342 | +153.3% |
| Trade debts | 44 | €3,529 | €12,895 | +€9,366 | +265.4% |
| Suppliers | 440/4 | €3,529 | €12,895 | +€9,366 | +265.4% |
| Taxes, remuneration and social security | 45 | €3,702 | €10,803 | +€7,101 | +191.8% |
| Taxes | 450/3 | €283 | €307 | +€24 | +8.5% |
| Remuneration and social security | 454/9 | €3,419 | €10,496 | +€7,077 | +207.0% |
| Other amounts payable | 47/48 | €2,125 | - | -€2,125 | |
| Remuneration, social security and pensions | 62 | €5,779 | €11,239 | +€5,460 | +94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €1,591 | +€724 | +83.5% |
| Other operating charges | 640/8 | €2,864 | €1,113 | -€1,751 | -61.1% |
| Gross operating margin | 9900 | €8,940 | €15,984 | +€7,044 | +78.8% |
| Operating profit (loss) | 9901 | -€570 | €2,041 | +€2,611 | |
| Financial charges | 65/66B | €1,393 | €2,037 | +€644 | +46.2% |
| Recurring financial charges | 65 | €1,393 | €2,037 | +€644 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,963 | €4 | +€1,967 | |
| Profit (loss) for the period | 9904 | -€1,963 | €4 | +€1,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,963 | €4 | +€1,967 |
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 11 October 2026 via checked.be.