BARATTIN M.: 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.
BARATTIN M.
Largest movements
- Cash +€13,914
up €13,914 (+54.0%), from €25,766 to €39,681
mainly Net result for the year (+€14,830) and Tax, wage and social debts (+€3,759)
- Tangible fixed assets +€5,562
up €5,562 (+31.7%), from €17,535 to €23,097
of which Other tangible fixed assets: +€4,833
- Stocks and contracts +€861
up €861 (+5.3%), from €16,154 to €17,015
- Profit (loss) carried forward +€14,830
up €14,830, from -€4,442 to €10,388
- Tax, wage and social debts +€3,759
up €3,759 (+2,159%), from €174 to €3,933
of which Taxes: +€3,425
- Trade debts +€2,788
up €2,788 (+137%), from €2,032 to €4,820
- Gross operating margin +€23,607
up €23,607 (+349%), from €6,771 to €30,378
- Staff costs +€6,693
new in 2025: €6,693
- Taxes +€1,445
up €1,445 (+6,415%), from €23 to €1,468
- Other operating charges +€815
up €815 (+29.0%), from €2,811 to €3,626
- Depreciation +€593
up €593 (+20.9%), from €2,844 to €3,437
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 | €60,943 | €81,919 | +€20,977 | +34.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €17,585 | €23,147 | +€5,562 | +31.6% |
| Tangible fixed assets | 22/27 | €17,535 | €23,097 | +€5,562 | +31.7% |
| Plant, machinery and equipment | 23 | €1,739 | €881 | -€858 | -49.3% |
| Furniture and vehicles | 24 | €1,761 | €3,348 | +€1,587 | +90.1% |
| Other tangible fixed assets | 26 | €14,035 | €18,867 | +€4,833 | +34.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €43,357 | €58,772 | +€15,415 | +35.6% |
| Stocks and contracts in progress | 3 | €16,154 | €17,015 | +€861 | +5.3% |
| Stocks | 30/36 | €16,154 | €17,015 | +€861 | +5.3% |
| Amounts receivable within one year | 40/41 | €1,437 | €2,076 | +€639 | +44.5% |
| Trade receivables | 40 | €1,007 | €2,076 | +€1,069 | +106% |
| Other amounts receivable | 41 | €430 | - | -€430 | |
| Cash at bank and in hand | 54/58 | €25,766 | €39,681 | +€13,914 | +54.0% |
| Total equity and liabilities | 10/49 | €60,943 | €81,919 | +€20,977 | +34.4% |
| Equity | 10/15 | €22,318 | €37,148 | +€14,830 | +66.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €14,360 | €14,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,442 | €10,388 | +€14,830 | |
| Amounts payable | 17/49 | €38,624 | €44,771 | +€6,147 | +15.9% |
| Amounts payable within one year | 42/48 | €38,624 | €44,771 | +€6,147 | +15.9% |
| Trade debts | 44 | €2,032 | €4,820 | +€2,788 | +137% |
| Suppliers | 440/4 | €2,032 | €4,820 | +€2,788 | +137% |
| Taxes, remuneration and social security | 45 | €174 | €3,933 | +€3,759 | +2,159% |
| Taxes | 450/3 | €174 | €3,599 | +€3,425 | +1,967% |
| Remuneration and social security | 454/9 | - | €334 | +€334 | |
| Other amounts payable | 47/48 | €36,418 | €36,019 | -€400 | -1.1% |
| Remuneration, social security and pensions | 62 | - | €6,693 | +€6,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,844 | €3,437 | +€593 | +20.9% |
| Other operating charges | 640/8 | €2,811 | €3,626 | +€815 | +29.0% |
| Gross operating margin | 9900 | €6,771 | €30,378 | +€23,607 | +349% |
| Operating profit (loss) | 9901 | €1,116 | €16,622 | +€15,506 | +1,390% |
| Financial income | 75/76B | €330 | €321 | -€10 | -2.9% |
| Recurring financial income | 75 | €330 | €321 | -€10 | -2.9% |
| Financial charges | 65/66B | €662 | €645 | -€17 | -2.6% |
| Recurring financial charges | 65 | €662 | €645 | -€17 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €784 | €16,298 | +€15,513 | +1,978% |
| Income taxes | 67/77 | €23 | €1,468 | +€1,445 | +6,415% |
| Profit (loss) for the period | 9904 | €762 | €14,830 | +€14,068 | +1,847% |
| Profit (loss) for the period to be appropriated | 9905 | €762 | €14,830 | +€14,068 | +1,847% |
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.