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Barco-Technics: 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.

What changed

Barco-Technics

BE 0792.417.645
NACE 27.320, Manufacture of electrical equipment
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€83,984
2023 · €9,012-€92,997
Equity
-€68,972
2023 · €15,012-€83,984
Cash
€35
2023 · €8+€26
Balance sheet total
€110,393
2023 · €164,527-€54,134

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€44,582

    down €44,582 (-39.1%), from €113,900 to €69,318

    of which Trade receivables: -€43,522

  • Tangible fixed assets -€7,944

    down €7,944 (-16.5%), from €48,254 to €40,309

Equity and liabilities
  • Profit (loss) carried forward -€74,972

    new in 2024: -€74,972

  • Other debts +€35,136

    up €35,136 (+54.8%), from €64,058 to €99,194

  • Debts after one year -€17,050

    down €17,050 (-42.4%), from €40,237 to €23,187

  • Trade debts +€14,113

    up €14,113 (+61.9%), from €22,801 to €36,914

  • Reserves -€9,012

    down €9,012 (-100.0%), from €9,012 to €0

Income statement
  • Gross operating margin -€109,879

    down €109,879 (-95.3%), from €115,242 to €5,363

  • Staff costs -€18,863

    down €18,863 (-21.8%), from €86,520 to €67,656

  • Other operating charges +€5,072

    up €5,072 (+209.5%), from €2,421 to €7,493

  • Taxes -€2,147

    down €2,147 (-100.0%), from €2,147 to €0

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €9,012
Gross operating margin -€109,879
Staff costs +€18,863
Depreciation +€649
Other operating charges -€5,072
Financial income -€6
Financial charges +€302
Taxes +€2,147
Result 2024 -€83,984

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€21,904
Investment -€4,000
Financing -€17,877
Cash 2023 €8
Net result for the year -€83,984
Depreciation +€11,944
Receivables within one year +€44,582
Deferred charges and accrued income +€1,634
Trade debts +€14,113
Tax, wage and social debts -€1,677
Other debts +€35,136
Accrued charges and deferred income +€156
Investment in fixed assets (net) -€4,000
Debts after one year -€17,050
Current portion of long-term debt -€827
Cash 2024 €35
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €164,527 €110,393 -€54,134 -32.9%
Fixed assets 21/28 €48,254 €40,309 -€7,944 -16.5%
Tangible fixed assets 22/27 €48,254 €40,309 -€7,944 -16.5%
Plant, machinery and equipment 23 €7,619 €5,792 -€1,827 -24.0%
Furniture and vehicles 24 €26,025 €23,175 -€2,850 -11.0%
Leasing and similar rights 25 €14,609 €11,342 -€3,267 -22.4%
Current assets 29/58 €116,273 €70,084 -€46,189 -39.7%
Amounts receivable within one year 40/41 €113,900 €69,318 -€44,582 -39.1%
Trade receivables 40 €110,843 €67,321 -€43,522 -39.3%
Other amounts receivable 41 €3,058 €1,997 -€1,060 -34.7%
Cash at bank and in hand 54/58 €8 €35 +€26 +312.8%
Deferred charges and accrued income 490/1 €2,365 €731 -€1,634 -69.1%
Total equity and liabilities 10/49 €164,527 €110,393 -€54,134 -32.9%
Equity 10/15 €15,012 -€68,972 -€83,984
Contributions 10/11 €6,000 €6,000 = 0.0%
Reserves 13 €9,012 €0 -€9,012 -100.0%
Distributable reserves 133 €9,012 €0 -€9,012 -100.0%
Profit (loss) carried forward 14 - -€74,972 -€74,972
Amounts payable 17/49 €149,515 €179,365 +€29,850 +20.0%
Amounts payable after more than one year 17 €40,237 €23,187 -€17,050 -42.4%
Financial debts 170/4 €40,237 €23,187 -€17,050 -42.4%
Amounts payable within one year 42/48 €109,277 €156,022 +€46,745 +42.8%
Current portion of amounts payable after more than one year 42 €17,877 €17,050 -€827 -4.6%
Trade debts 44 €22,801 €36,914 +€14,113 +61.9%
Suppliers 440/4 €22,801 €36,914 +€14,113 +61.9%
Taxes, remuneration and social security 45 €4,540 €2,863 -€1,677 -36.9%
Taxes 450/3 €2,147 €2,147 = 0.0%
Remuneration and social security 454/9 €2,394 €717 -€1,677 -70.1%
Other amounts payable 47/48 €64,058 €99,194 +€35,136 +54.8%
Accrued charges and deferred income 492/3 - €156 +€156
Remuneration, social security and pensions 62 €86,520 €67,656 -€18,863 -21.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,594 €11,944 -€649 -5.2%
Other operating charges 640/8 €2,421 €7,493 +€5,072 +209.5%
Gross operating margin 9900 €115,242 €5,363 -€109,879 -95.3%
Operating profit (loss) 9901 €13,708 -€81,731 -€95,439
Financial income 75/76B €12 €5 -€6 -55.1%
Recurring financial income 75 €12 €5 -€6 -55.1%
Financial charges 65/66B €2,561 €2,259 -€302 -11.8%
Recurring financial charges 65 €2,561 €2,259 -€302 -11.8%
Profit (loss) for the period before taxes 9903 €11,159 -€83,984 -€95,143
Income taxes 67/77 €2,147 €0 -€2,147 -100.0%
Profit (loss) for the period 9904 €9,012 -€83,984 -€92,997
Profit (loss) for the period to be appropriated 9905 €9,012 -€83,984 -€92,997

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.