BARBONE: 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.
BARBONE
Largest movements
- Receivables within one year +€61,412
up €61,412 (+354.3%), from €17,335 to €78,747
of which Trade receivables: +€31,408
- Stocks and contracts +€25,484
up €25,484 (+162.3%), from €15,706 to €41,190
- Tangible fixed assets +€19,164
up €19,164 (+14.8%), from €129,372 to €148,536
of which Land and buildings: +€36,728
- Deferred charges and accrued income +€10,000
up €10,000 (+383.5%), from €2,608 to €12,608
- Other debts +€171,894
up €171,894 (+668.8%), from €25,701 to €197,595
- Tax, wage and social debts -€70,496
down €70,496 (-61.0%), from €115,482 to €44,986
of which Taxes: -€74,456
- Short-term financial debts +€23,547
up €23,547 (+86.8%), from €27,117 to €50,664
- Trade debts -€15,169
down €15,169 (-55.1%), from €27,550 to €12,381
- Advances received +€12,100
new in 2025: €12,100
- Turnover +€732,579
up €732,579 (+68.0%), from €1.1m to €1.8m
- Purchases and services +€541,906
up €541,906 (+59.8%), from €906,854 to €1.4m
- Staff costs +€205,378
up €205,378 (+246.9%), from €83,174 to €288,553
- Gross operating margin +€204,413
up €204,413 (+119.4%), from €171,213 to €375,626
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,395 | €287,408 | +€121,013 | +72.7% |
| Fixed assets | 21/28 | €129,372 | €150,936 | +€21,564 | +16.7% |
| Tangible fixed assets | 22/27 | €129,372 | €148,536 | +€19,164 | +14.8% |
| Land and buildings | 22 | €36,118 | €72,846 | +€36,728 | +101.7% |
| Plant, machinery and equipment | 23 | €39,277 | €38,164 | -€1,113 | -2.8% |
| Furniture and vehicles | 24 | €53,977 | €37,527 | -€16,451 | -30.5% |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €37,023 | €136,471 | +€99,449 | +268.6% |
| Stocks and contracts in progress | 3 | €15,706 | €41,190 | +€25,484 | +162.3% |
| Stocks | 30/36 | €15,706 | €41,190 | +€25,484 | +162.3% |
| Amounts receivable within one year | 40/41 | €17,335 | €78,747 | +€61,412 | +354.3% |
| Trade receivables | 40 | €3,684 | €35,091 | +€31,408 | +852.6% |
| Other amounts receivable | 41 | €13,651 | €43,656 | +€30,004 | +219.8% |
| Cash at bank and in hand | 54/58 | €1,375 | €3,927 | +€2,552 | +185.7% |
| Deferred charges and accrued income | 490/1 | €2,608 | €12,608 | +€10,000 | +383.5% |
| Total equity and liabilities | 10/49 | €166,395 | €287,408 | +€121,013 | +72.7% |
| Equity | 10/15 | -€41,426 | -€37,309 | +€4,117 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€61,886 | -€57,769 | +€4,117 | +6.7% |
| Amounts payable | 17/49 | €207,821 | €324,717 | +€116,896 | +56.2% |
| Amounts payable after more than one year | 17 | €8,741 | €2,860 | -€5,881 | -67.3% |
| Financial debts | 170/4 | €8,741 | €2,860 | -€5,881 | -67.3% |
| Amounts payable within one year | 42/48 | €199,080 | €321,856 | +€122,776 | +61.7% |
| Current portion of amounts payable after more than one year | 42 | €3,230 | €4,131 | +€900 | +27.9% |
| Financial debts | 43 | €27,117 | €50,664 | +€23,547 | +86.8% |
| Credit institutions | 430/8 | €27,117 | €50,664 | +€23,547 | +86.8% |
| Trade debts | 44 | €27,550 | €12,381 | -€15,169 | -55.1% |
| Suppliers | 440/4 | €27,550 | €12,381 | -€15,169 | -55.1% |
| Advances received on contracts in progress | 46 | - | €12,100 | +€12,100 | |
| Taxes, remuneration and social security | 45 | €115,482 | €44,986 | -€70,496 | -61.0% |
| Taxes | 450/3 | €88,067 | €13,611 | -€74,456 | -84.5% |
| Remuneration and social security | 454/9 | €27,415 | €31,375 | +€3,960 | +14.4% |
| Other amounts payable | 47/48 | €25,701 | €197,595 | +€171,894 | +668.8% |
| Turnover | 70 | €1,077,387 | €1,809,966 | +€732,579 | +68.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €906,854 | €1,448,760 | +€541,906 | +59.8% |
| Remuneration, social security and pensions | 62 | €83,174 | €288,553 | +€205,378 | +246.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,727 | €53,108 | +€7,381 | +16.1% |
| Other operating charges | 640/8 | €5,139 | €11,188 | +€6,048 | +117.7% |
| Gross operating margin | 9900 | €171,213 | €375,626 | +€204,413 | +119.4% |
| Operating profit (loss) | 9901 | €37,172 | €22,777 | -€14,395 | -38.7% |
| Financial income | 75/76B | €13 | €153 | +€141 | +1091.5% |
| Recurring financial income | 75 | €13 | €153 | +€141 | +1091.5% |
| Financial charges | 65/66B | €10,505 | €18,814 | +€8,308 | +79.1% |
| Recurring financial charges | 65 | €10,505 | €18,814 | +€8,308 | +79.1% |
| Profit (loss) for the period before taxes | 9903 | €26,680 | €4,117 | -€22,563 | -84.6% |
| Profit (loss) for the period | 9904 | €26,680 | €4,117 | -€22,563 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,680 | €4,117 | -€22,563 | -84.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.