BARC: what changed
Two fiscal 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.
BARC
Largest movements
- Current assets -€78,080
down €78,080 (-31.0%), from €251,980 to €173,899
of which Cash: -€42,952
- Tangible fixed assets +€32,715
up €32,715 (+61.1%), from €53,580 to €86,296
- Debts within one year -€79,006
down €79,006 (-53.1%), from €148,905 to €69,899
- Equity +€31,845
up €31,845 (+19.4%), from €164,463 to €196,309
of which Profit (loss) carried forward: +€31,782
- Gross operating margin -€308,784
down €308,784 (-41.2%), from €749,663 to €440,880
- Taxes -€46,544
down €46,544 (-98.3%), from €47,361 to €817
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €313,368 | €266,207 | -€47,161 | -15.0% |
| Fixed assets | 21/28 | €61,389 | €92,308 | +€30,920 | +50.4% |
| Intangible fixed assets | 21 | €1,569 | €733 | -€836 | -53.3% |
| Tangible fixed assets | 22/27 | €53,580 | €86,296 | +€32,715 | +61.1% |
| Financial fixed assets | 28 | €6,239 | €5,279 | -€960 | -15.4% |
| Current assets | 29/58 | €251,980 | €173,899 | -€78,080 | -31.0% |
| Stocks and contracts in progress | 3 | €6,500 | - | -€6,500 | |
| Amounts receivable within one year | 40/41 | €68,913 | €39,979 | -€28,933 | -42.0% |
| Cash at bank and in hand | 54/58 | €173,472 | €130,520 | -€42,952 | -24.8% |
| Total equity and liabilities | 10/49 | €313,368 | €266,207 | -€47,161 | -15.0% |
| Equity | 10/15 | €164,463 | €196,309 | +€31,845 | +19.4% |
| Contributions | 10/11 | €6,000 | - | -€6,000 | |
| Reserves | 13 | €158,250 | €158,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213 | €31,995 | +€31,782 | +14896.0% |
| Amounts payable | 17/49 | €148,905 | €69,899 | -€79,006 | -53.1% |
| Amounts payable within one year | 42/48 | €148,905 | €69,899 | -€79,006 | -53.1% |
| Trade debts | 44 | €41,714 | €16,997 | -€24,718 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,808 | €23,549 | +€741 | +3.3% |
| Gross operating margin | 9900 | €749,663 | €440,880 | -€308,784 | -41.2% |
| Operating profit (loss) | 9901 | €200,858 | €43,897 | -€156,962 | -78.1% |
| Recurring financial income | 75 | €686 | €197 | -€488 | -71.2% |
| Recurring financial charges | 65 | €22,469 | €11,495 | -€10,975 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €179,075 | €32,599 | -€146,475 | -81.8% |
| Income taxes | 67/77 | €47,361 | €817 | -€46,544 | -98.3% |
| Profit (loss) for the period | 9904 | €131,713 | €31,782 | -€99,931 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €131,713 | €31,782 | -€99,931 | -75.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.