Barasg: 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.
Barasg
Largest movements
- Stocks and contracts -€28,197
down €28,197 (-90.8%), from €31,041 to €2,844
- Receivables within one year -€23,323
down €23,323 (-91.7%), from €25,432 to €2,109
of which Trade receivables: -€20,166
- Cash +€2,904
up €2,904 (+49.6%), from €5,855 to €8,759
mainly Stocks and contracts (+€28,197) and Net result for the year (+€23,623)
- Intangible fixed assets -€2,137
down €2,137 (-100%), from €2,137 to €0
- Tangible fixed assets -€876
down €876 (-45.5%), from €1,925 to €1,049
- Debts after one year -€50,000
down €50,000 (-100%), from €50,000 to €0
- Advances received -€24,104
down €24,104 (-100%), from €24,104 to €0
- Profit (loss) carried forward +€23,623
up €23,623 (+58.1%), from -€40,685 to -€17,063
- Other debts -€14,199
down €14,199 (-100%), from €14,199 to €0
- Trade debts +€12,278
up €12,278 (+783%), from €1,567 to €13,845
- Financial income +€53,926
new in 2025: €53,926
- Write-downs +€13,944
up €13,944, from -€1,118 to €12,826
- Gross operating margin +€8,496
up €8,496 (+51.0%), from -€16,656 to -€8,160
- Financial charges +€2,792
up €2,792 (+491%), from €569 to €3,361
- Taxes +€2,073
up €2,073, from €0 to €2,073
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 | €66,400 | €14,935 | -€51,464 | -77.5% |
| Fixed assets | 21/28 | €4,062 | €1,049 | -€3,014 | -74.2% |
| Intangible fixed assets | 21 | €2,137 | €0 | -€2,137 | -100% |
| Tangible fixed assets | 22/27 | €1,925 | €1,049 | -€876 | -45.5% |
| Plant, machinery and equipment | 23 | €1,925 | €1,049 | -€876 | -45.5% |
| Current assets | 29/58 | €62,337 | €13,887 | -€48,451 | -77.7% |
| Stocks and contracts in progress | 3 | €31,041 | €2,844 | -€28,197 | -90.8% |
| Stocks | 30/36 | €31,041 | €2,844 | -€28,197 | -90.8% |
| Amounts receivable within one year | 40/41 | €25,432 | €2,109 | -€23,323 | -91.7% |
| Trade receivables | 40 | €20,916 | €750 | -€20,166 | -96.4% |
| Other amounts receivable | 41 | €4,516 | €1,359 | -€3,157 | -69.9% |
| Cash at bank and in hand | 54/58 | €5,855 | €8,759 | +€2,904 | +49.6% |
| Deferred charges and accrued income | 490/1 | €9 | €175 | +€166 | +1,863% |
| Total equity and liabilities | 10/49 | €66,400 | €14,935 | -€51,464 | -77.5% |
| Equity | 10/15 | -€24,605 | -€983 | +€23,623 | +96.0% |
| Contributions | 10/11 | €16,080 | €16,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,685 | -€17,063 | +€23,623 | +58.1% |
| Amounts payable | 17/49 | €91,005 | €15,918 | -€75,087 | -82.5% |
| Amounts payable after more than one year | 17 | €50,000 | €0 | -€50,000 | -100% |
| Financial debts | 170/4 | €50,000 | €0 | -€50,000 | -100% |
| Amounts payable within one year | 42/48 | €40,552 | €15,918 | -€24,634 | -60.7% |
| Trade debts | 44 | €1,567 | €13,845 | +€12,278 | +783% |
| Suppliers | 440/4 | €1,567 | €13,845 | +€12,278 | +783% |
| Advances received on contracts in progress | 46 | €24,104 | €0 | -€24,104 | -100% |
| Taxes, remuneration and social security | 45 | €682 | €2,073 | +€1,391 | +204% |
| Taxes | 450/3 | €682 | €2,073 | +€1,391 | +204% |
| Other amounts payable | 47/48 | €14,199 | €0 | -€14,199 | -100% |
| Accrued charges and deferred income | 492/3 | €453 | €0 | -€453 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,577 | €2,251 | -€326 | -12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,118 | €12,826 | +€13,944 | |
| Other operating charges | 640/8 | €669 | €870 | +€201 | +30.1% |
| Non-recurring operating charges | 66A | €780 | €762 | -€17 | -2.2% |
| Gross operating margin | 9900 | -€16,656 | -€8,160 | +€8,496 | +51.0% |
| Operating profit (loss) | 9901 | -€19,563 | -€24,869 | -€5,306 | -27.1% |
| Financial income | 75/76B | - | €53,926 | +€53,926 | |
| Recurring financial income | 75 | - | €53,926 | +€53,926 | |
| Financial charges | 65/66B | €569 | €3,361 | +€2,792 | +491% |
| Recurring financial charges | 65 | €569 | €3,361 | +€2,792 | +491% |
| Profit (loss) for the period before taxes | 9903 | -€20,132 | €25,696 | +€45,828 | |
| Income taxes | 67/77 | €0 | €2,073 | +€2,073 | |
| Profit (loss) for the period | 9904 | -€20,132 | €23,623 | +€43,755 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,132 | €23,623 | +€43,755 |
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 20 October 2026 via checked.be.