BARBARELLA: 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.
BARBARELLA
Largest movements
- Cash -€81,449
down €81,449 (-48.1%), from €169,319 to €87,870
mainly Other debts (-€104,865) and Investment in fixed assets (net) (-€44,012)
- Tangible fixed assets +€29,798
up €29,798 (+11.1%), from €268,383 to €298,181
of which Other tangible fixed assets: +€28,432
- Current investments +€13,539
up €13,539 (+3.3%), from €405,604 to €419,143
- Other debts -€104,865
down €104,865 (-50.3%), from €208,606 to €103,741
- Reserves +€67,702
up €67,702 (+11.3%), from €600,062 to €667,764
of which Distributable reserves: +€67,702
- Financial income -€13,272
down €13,272 (-68.4%), from €19,407 to €6,134
- Gross operating margin +€5,842
up €5,842 (+5.3%), from €110,527 to €116,369
- Taxes -€2,292
down €2,292 (-6.7%), from €34,425 to €32,133
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 | €868,470 | €832,058 | -€36,412 | -4.2% |
| Fixed assets | 21/28 | €268,383 | €298,181 | +€29,798 | +11.1% |
| Tangible fixed assets | 22/27 | €268,383 | €298,181 | +€29,798 | +11.1% |
| Land and buildings | 22 | €91,990 | €86,410 | -€5,580 | -6.1% |
| Plant, machinery and equipment | 23 | €344 | €1,109 | +€765 | +222% |
| Furniture and vehicles | 24 | €3,909 | €10,091 | +€6,181 | +158% |
| Other tangible fixed assets | 26 | €172,139 | €200,571 | +€28,432 | +16.5% |
| Current assets | 29/58 | €600,087 | €533,878 | -€66,210 | -11.0% |
| Stocks and contracts in progress | 3 | €23,760 | €25,340 | +€1,580 | +6.6% |
| Stocks | 30/36 | €23,760 | €25,340 | +€1,580 | +6.6% |
| Amounts receivable within one year | 40/41 | €122 | €227 | +€106 | +86.6% |
| Trade receivables | 40 | - | €104 | +€104 | |
| Other amounts receivable | 41 | €122 | €124 | +€2 | +1.4% |
| Current investments | 50/53 | €405,604 | €419,143 | +€13,539 | +3.3% |
| Cash at bank and in hand | 54/58 | €169,319 | €87,870 | -€81,449 | -48.1% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,297 | +€14 | +1.1% |
| Total equity and liabilities | 10/49 | €868,470 | €832,058 | -€36,412 | -4.2% |
| Equity | 10/15 | €614,006 | €681,708 | +€67,702 | +11.0% |
| Contributions | 10/11 | €13,944 | €13,944 | = | 0.0% |
| Reserves | 13 | €600,062 | €667,764 | +€67,702 | +11.3% |
| Non-distributable reserves | 130/1 | €62,545 | €62,545 | = | 0.0% |
| Reserves not available under the articles | 1311 | €62,545 | €62,545 | = | 0.0% |
| Distributable reserves | 133 | €537,516 | €605,218 | +€67,702 | +12.6% |
| Amounts payable | 17/49 | €254,465 | €150,351 | -€104,114 | -40.9% |
| Amounts payable within one year | 42/48 | €252,450 | €147,346 | -€105,104 | -41.6% |
| Trade debts | 44 | €2,868 | €2,640 | -€228 | -7.9% |
| Suppliers | 440/4 | €2,868 | €2,640 | -€228 | -7.9% |
| Advances received on contracts in progress | 46 | €17,500 | €16,800 | -€700 | -4.0% |
| Taxes, remuneration and social security | 45 | €23,476 | €24,164 | +€689 | +2.9% |
| Taxes | 450/3 | €20,554 | €19,812 | -€742 | -3.6% |
| Remuneration and social security | 454/9 | €2,921 | €4,353 | +€1,431 | +49.0% |
| Other amounts payable | 47/48 | €208,606 | €103,741 | -€104,865 | -50.3% |
| Accrued charges and deferred income | 492/3 | €2,015 | €3,005 | +€990 | +49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,410 | €14,214 | +€805 | +6.0% |
| Other operating charges | 640/8 | €4,942 | €5,088 | +€146 | +3.0% |
| Gross operating margin | 9900 | €110,527 | €116,369 | +€5,842 | +5.3% |
| Operating profit (loss) | 9901 | €92,175 | €97,067 | +€4,892 | +5.3% |
| Financial income | 75/76B | €19,407 | €6,134 | -€13,272 | -68.4% |
| Recurring financial income | 75 | €19,407 | €6,134 | -€13,272 | -68.4% |
| Financial charges | 65/66B | €3,518 | €3,367 | -€152 | -4.3% |
| Recurring financial charges | 65 | €3,518 | €3,367 | -€152 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €108,064 | €99,835 | -€8,229 | -7.6% |
| Income taxes | 67/77 | €34,425 | €32,133 | -€2,292 | -6.7% |
| Profit (loss) for the period | 9904 | €73,639 | €67,702 | -€5,937 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,639 | €67,702 | -€5,937 | -8.1% |
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 16 October 2026 via checked.be.