BARCOLI: 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.
BARCOLI
Largest movements
- Receivables within one year -€2,679
down €2,679 (-89.2%), from €3,003 to €323
of which Other amounts receivable: -€2,192
- Tangible fixed assets -€1,715
down €1,715 (-18.7%), from €9,149 to €7,434
of which Furniture and vehicles: -€4,546
- Stocks and contracts -€909
down €909 (-38.1%), from €2,388 to €1,479
- Cash -€367
down €367 (-4.7%), from €7,859 to €7,493
mainly Net result for the year (-€10,526) and Investment in fixed assets (net) (-€3,615)
- Profit (loss) carried forward -€10,526
down €10,526 (-63.3%), from -€16,634 to -€27,161
- Trade debts +€4,834
up €4,834 (+87.0%), from €5,558 to €10,392
- Other debts +€897
up €897 (+19.5%), from €4,588 to €5,484
- Tax, wage and social debts -€658
down €658 (-2.6%), from €25,069 to €24,411
of which Remuneration and social security: -€1,559
- Staff costs +€3,034
up €3,034 (+5.8%), from €52,322 to €55,355
- Gross operating margin -€2,193
down €2,193 (-3.9%), from €55,599 to €53,406
- Depreciation -€682
down €682 (-11.3%), from €6,012 to €5,330
From the 2024 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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,202 | €22,636 | -€5,566 | -19.7% |
| Fixed assets | 21/28 | €12,404 | €10,689 | -€1,715 | -13.8% |
| Tangible fixed assets | 22/27 | €9,149 | €7,434 | -€1,715 | -18.7% |
| Plant, machinery and equipment | 23 | €335 | €540 | +€206 | +61.5% |
| Furniture and vehicles | 24 | €6,614 | €2,068 | -€4,546 | -68.7% |
| Other tangible fixed assets | 26 | €2,201 | €4,826 | +€2,625 | +119.3% |
| Financial fixed assets | 28 | €3,255 | €3,255 | = | 0.0% |
| Current assets | 29/58 | €15,798 | €11,948 | -€3,851 | -24.4% |
| Stocks and contracts in progress | 3 | €2,388 | €1,479 | -€909 | -38.1% |
| Stocks | 30/36 | €2,388 | €1,479 | -€909 | -38.1% |
| Amounts receivable within one year | 40/41 | €3,003 | €323 | -€2,679 | -89.2% |
| Trade receivables | 40 | €803 | €315 | -€488 | -60.7% |
| Other amounts receivable | 41 | €2,200 | €8 | -€2,192 | -99.6% |
| Cash at bank and in hand | 54/58 | €7,859 | €7,493 | -€367 | -4.7% |
| Deferred charges and accrued income | 490/1 | €2,548 | €2,652 | +€104 | +4.1% |
| Total equity and liabilities | 10/49 | €28,202 | €22,636 | -€5,566 | -19.7% |
| Equity | 10/15 | -€10,434 | -€20,961 | -€10,526 | -100.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,634 | -€27,161 | -€10,526 | -63.3% |
| Amounts payable | 17/49 | €38,636 | €43,597 | +€4,960 | +12.8% |
| Amounts payable within one year | 42/48 | €37,776 | €42,835 | +€5,058 | +13.4% |
| Financial debts | 43 | €2,562 | €2,548 | -€14 | -0.6% |
| Other loans | 439 | €2,562 | €2,548 | -€14 | -0.6% |
| Trade debts | 44 | €5,558 | €10,392 | +€4,834 | +87.0% |
| Suppliers | 440/4 | €5,558 | €10,392 | +€4,834 | +87.0% |
| Taxes, remuneration and social security | 45 | €25,069 | €24,411 | -€658 | -2.6% |
| Taxes | 450/3 | €16,403 | €17,304 | +€901 | +5.5% |
| Remuneration and social security | 454/9 | €8,666 | €7,106 | -€1,559 | -18.0% |
| Other amounts payable | 47/48 | €4,588 | €5,484 | +€897 | +19.5% |
| Accrued charges and deferred income | 492/3 | €860 | €762 | -€98 | -11.4% |
| Remuneration, social security and pensions | 62 | €52,322 | €55,355 | +€3,034 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,012 | €5,330 | -€682 | -11.3% |
| Other operating charges | 640/8 | €873 | €362 | -€511 | -58.5% |
| Gross operating margin | 9900 | €55,599 | €53,406 | -€2,193 | -3.9% |
| Operating profit (loss) | 9901 | -€3,608 | -€7,642 | -€4,034 | -111.8% |
| Financial income | 75/76B | €24 | €32 | +€7 | +30.3% |
| Recurring financial income | 75 | €24 | €32 | +€7 | +30.3% |
| Financial charges | 65/66B | €2,737 | €2,620 | -€116 | -4.2% |
| Recurring financial charges | 65 | €2,737 | €2,620 | -€116 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,320 | -€10,231 | -€3,910 | -61.9% |
| Income taxes | 67/77 | €307 | €295 | -€12 | -3.9% |
| Profit (loss) for the period | 9904 | -€6,628 | -€10,526 | -€3,899 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,628 | -€10,526 | -€3,899 | -58.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.