BARCEC: what changed
What changed
BARCEC
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€36,190
2024 · -€28,960-€7,230
Equity
€2.1m
2024 · €2.1m-€36,190
Cash
€887
2024 · €2,186-€1,299
Balance sheet total
€3.4m
2024 · €3.6m-€221,020
Largest movements
Assets
- Receivables within one year -€216,392
down €216,392 (-36.0%), from €601,175 to €384,783
Equity and liabilities
- Debts after one year -€187,832
down €187,832 (-15.5%), from €1.2m to €1.0m
Income statement
- Depreciation +€9,087
up €9,087 (+8.4%), from €107,651 to €116,738
- Financial charges -€4,525
down €4,525 (-9.1%), from €49,765 to €45,240
- Other operating charges +€1,503
up €1,503 (+26.4%), from €5,691 to €7,194
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€28,960
Gross operating margin
-€1,165
Depreciation
-€9,087
Other operating charges
-€1,503
Financial charges
+€4,525
Result 2025
-€36,190
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€287,635
Investment
-€105,030
Financing
-€183,904
Cash 2024
€2,186
From operations (derived)
+€287,635
Net result for the year
-€36,190
Depreciation
+€116,738
Stocks and contracts
-€8,379
Receivables within one year
+€216,392
Trade debts
-€1,024
Smaller working-capital items
+€98
Investment (derived)
-€105,030
Investment in fixed assets (net)
-€105,030
Financing
-€183,904
Debts after one year
-€187,832
Current portion of long-term debt
+€3,928
Cash 2025
€887
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,646,417 | €3,425,397 | -€221,020 | -6.1% |
| Fixed assets | 21/28 | €2,352,708 | €2,341,000 | -€11,708 | -0.5% |
| Tangible fixed assets | 22/27 | €2,351,106 | €2,339,398 | -€11,708 | -0.5% |
| Land and buildings | 22 | €2,351,106 | €2,330,928 | -€20,178 | -0.9% |
| Furniture and vehicles | 24 | - | €8,470 | +€8,470 | |
| Financial fixed assets | 28 | €1,602 | €1,602 | = | 0.0% |
| Current assets | 29/58 | €1,293,709 | €1,084,397 | -€209,312 | -16.2% |
| Stocks and contracts in progress | 3 | €690,348 | €698,727 | +€8,379 | +1.2% |
| Stocks | 30/36 | €690,348 | €698,727 | +€8,379 | +1.2% |
| Amounts receivable within one year | 40/41 | €601,175 | €384,783 | -€216,392 | -36.0% |
| Other amounts receivable | 41 | €601,175 | €384,783 | -€216,392 | -36.0% |
| Cash at bank and in hand | 54/58 | €2,186 | €887 | -€1,299 | -59.4% |
| Total equity and liabilities | 10/49 | €3,646,417 | €3,425,397 | -€221,020 | -6.1% |
| Equity | 10/15 | €2,134,471 | €2,098,281 | -€36,190 | -1.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,066,271 | €2,030,081 | -€36,190 | -1.8% |
| Amounts payable | 17/49 | €1,511,946 | €1,327,116 | -€184,830 | -12.2% |
| Amounts payable after more than one year | 17 | €1,210,663 | €1,022,831 | -€187,832 | -15.5% |
| Financial debts | 170/4 | €1,210,663 | €1,022,831 | -€187,832 | -15.5% |
| Amounts payable within one year | 42/48 | €301,283 | €304,285 | +€3,002 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €184,512 | €188,440 | +€3,928 | +2.1% |
| Trade debts | 44 | €1,054 | €30 | -€1,024 | -97.2% |
| Suppliers | 440/4 | €1,054 | €30 | -€1,024 | -97.2% |
| Taxes, remuneration and social security | 45 | - | €34 | +€34 | |
| Taxes | 450/3 | - | €34 | +€34 | |
| Other amounts payable | 47/48 | €115,717 | €115,781 | +€64 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,651 | €116,738 | +€9,087 | +8.4% |
| Other operating charges | 640/8 | €5,691 | €7,194 | +€1,503 | +26.4% |
| Gross operating margin | 9900 | €134,147 | €132,982 | -€1,165 | -0.9% |
| Operating profit (loss) | 9901 | €20,805 | €9,050 | -€11,755 | -56.5% |
| Financial charges | 65/66B | €49,765 | €45,240 | -€4,525 | -9.1% |
| Recurring financial charges | 65 | €49,765 | €45,240 | -€4,525 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,960 | -€36,190 | -€7,230 | -25.0% |
| Profit (loss) for the period | 9904 | -€28,960 | -€36,190 | -€7,230 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,960 | -€36,190 | -€7,230 | -25.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.