BARBEX: 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.
BARBEX
Largest movements
- Receivables after one year -€100,000
no longer reported in 2026 (was €100,000)
- Cash +€29,379
up €29,379 (+6.2%), from €476,856 to €506,236
mainly Receivables after one year (+€100,000) and Trade debts (+€22,802)
- Stocks and contracts -€14,626
down €14,626 (-46.9%), from €31,194 to €16,568
- Receivables within one year -€6,934
down €6,934 (-44.8%), from €15,466 to €8,532
of which Trade receivables: -€13,091
- Other debts -€100,000
no longer reported in 2026 (was €100,000)
- Trade debts +€22,802
up €22,802 (+18.1%), from €125,666 to €148,468
- Tax, wage and social debts -€13,942
down €13,942 (-23.5%), from €59,345 to €45,402
of which Taxes: -€15,652
- Profit (loss) carried forward +€8,374
up €8,374 (+2.6%), from €325,064 to €333,438
- Current portion of long-term debt -€8,333
no longer reported in 2026 (was €8,333)
- Gross operating margin -€153,600
down €153,600 (-31.4%), from €489,710 to €336,110
- Staff costs +€27,759
up €27,759 (+9.5%), from €291,898 to €319,656
- Taxes -€21,592
down €21,592 (-81.5%), from €26,479 to €4,887
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €645,907 | €554,808 | -€91,099 | -14.1% |
| Fixed assets | 21/28 | €10,513 | €7,862 | -€2,651 | -25.2% |
| Tangible fixed assets | 22/27 | €10,513 | €7,862 | -€2,651 | -25.2% |
| Plant, machinery and equipment | 23 | €10,513 | €7,862 | -€2,651 | -25.2% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €635,394 | €546,947 | -€88,448 | -13.9% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Stocks and contracts in progress | 3 | €31,194 | €16,568 | -€14,626 | -46.9% |
| Stocks | 30/36 | €31,194 | €16,568 | -€14,626 | -46.9% |
| Amounts receivable within one year | 40/41 | €15,466 | €8,532 | -€6,934 | -44.8% |
| Trade receivables | 40 | €13,466 | €375 | -€13,091 | -97.2% |
| Other amounts receivable | 41 | €2,000 | €8,157 | +€6,157 | +307.8% |
| Cash at bank and in hand | 54/58 | €476,856 | €506,236 | +€29,379 | +6.2% |
| Deferred charges and accrued income | 490/1 | €11,878 | €15,611 | +€3,733 | +31.4% |
| Total equity and liabilities | 10/49 | €645,907 | €554,808 | -€91,099 | -14.1% |
| Equity | 10/15 | €352,564 | €360,938 | +€8,374 | +2.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €325,064 | €333,438 | +€8,374 | +2.6% |
| Amounts payable | 17/49 | €293,344 | €193,871 | -€99,473 | -33.9% |
| Amounts payable within one year | 42/48 | €293,344 | €193,871 | -€99,473 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €8,333 | - | -€8,333 | |
| Trade debts | 44 | €125,666 | €148,468 | +€22,802 | +18.1% |
| Suppliers | 440/4 | €125,666 | €148,468 | +€22,802 | +18.1% |
| Taxes, remuneration and social security | 45 | €59,345 | €45,402 | -€13,942 | -23.5% |
| Taxes | 450/3 | €21,683 | €6,030 | -€15,652 | -72.2% |
| Remuneration and social security | 454/9 | €37,662 | €39,372 | +€1,710 | +4.5% |
| Other amounts payable | 47/48 | €100,000 | - | -€100,000 | |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €291,898 | €319,656 | +€27,759 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,532 | €2,651 | +€1,119 | +73.0% |
| Other operating charges | 640/8 | €1,438 | €1,969 | +€531 | +36.9% |
| Gross operating margin | 9900 | €489,710 | €336,110 | -€153,600 | -31.4% |
| Operating profit (loss) | 9901 | €194,842 | €11,834 | -€183,008 | -93.9% |
| Financial income | 75/76B | €2,778 | €3,544 | +€766 | +27.6% |
| Recurring financial income | 75 | €2,778 | €3,544 | +€766 | +27.6% |
| Financial charges | 65/66B | €2,367 | €2,117 | -€251 | -10.6% |
| Recurring financial charges | 65 | €2,367 | €2,117 | -€251 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €195,252 | €13,261 | -€181,991 | -93.2% |
| Income taxes | 67/77 | €26,479 | €4,887 | -€21,592 | -81.5% |
| Profit (loss) for the period | 9904 | €168,773 | €8,374 | -€160,399 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €168,773 | €8,374 | -€160,399 | -95.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.