BARDEEF: 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.
BARDEEF
Largest movements
- Tangible fixed assets -€3,308
down €3,308 (-55.1%), from €6,001 to €2,693
of which Plant, machinery and equipment: -€2,661
- Cash -€2,697
down €2,697 (-18.0%), from €15,024 to €12,327
mainly Contributions, distributions and other (-€5,882) and Receivables within one year (-€2,529)
- Receivables within one year +€2,529
up €2,529 (+81.8%), from €3,090 to €5,619
of which Other amounts receivable: +€4,176
- Stocks and contracts +€1,000
up €1,000 (+22.2%), from €4,500 to €5,500
- Tax, wage and social debts -€1,956
down €1,956 (-17.2%), from €11,395 to €9,439
of which Taxes: -€1,633
- Trade debts -€1,195
down €1,195 (-18.9%), from €6,330 to €5,135
- Profit (loss) carried forward +€548
up €548 (+6.2%), from €8,784 to €9,332
- Gross operating margin -€17,084
down €17,084 (-23.1%), from €73,875 to €56,791
- Taxes -€3,143
down €3,143 (-57.5%), from €5,467 to €2,324
- Financial charges +€1,311
up €1,311 (+121.5%), from €1,079 to €2,390
- Staff costs -€947
down €947 (-2.2%), from €42,231 to €41,284
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,794 | €30,503 | -€2,292 | -7.0% |
| Fixed assets | 21/28 | €8,701 | €5,393 | -€3,308 | -38.0% |
| Tangible fixed assets | 22/27 | €6,001 | €2,693 | -€3,308 | -55.1% |
| Plant, machinery and equipment | 23 | €4,350 | €1,689 | -€2,661 | -61.2% |
| Furniture and vehicles | 24 | €1,260 | €870 | -€390 | -30.9% |
| Other tangible fixed assets | 26 | €391 | €134 | -€258 | -65.9% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €24,094 | €25,110 | +€1,016 | +4.2% |
| Stocks and contracts in progress | 3 | €4,500 | €5,500 | +€1,000 | +22.2% |
| Stocks | 30/36 | €4,500 | €5,500 | +€1,000 | +22.2% |
| Amounts receivable within one year | 40/41 | €3,090 | €5,619 | +€2,529 | +81.8% |
| Trade receivables | 40 | €2,057 | €410 | -€1,647 | -80.1% |
| Other amounts receivable | 41 | €1,033 | €5,209 | +€4,176 | +404.3% |
| Cash at bank and in hand | 54/58 | €15,024 | €12,327 | -€2,697 | -18.0% |
| Deferred charges and accrued income | 490/1 | €1,479 | €1,664 | +€185 | +12.5% |
| Total equity and liabilities | 10/49 | €32,794 | €30,503 | -€2,292 | -7.0% |
| Equity | 10/15 | €14,784 | €15,332 | +€548 | +3.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,784 | €9,332 | +€548 | +6.2% |
| Amounts payable | 17/49 | €18,011 | €15,171 | -€2,840 | -15.8% |
| Amounts payable within one year | 42/48 | €18,011 | €15,171 | -€2,840 | -15.8% |
| Trade debts | 44 | €6,330 | €5,135 | -€1,195 | -18.9% |
| Suppliers | 440/4 | €6,330 | €5,135 | -€1,195 | -18.9% |
| Taxes, remuneration and social security | 45 | €11,395 | €9,439 | -€1,956 | -17.2% |
| Taxes | 450/3 | €7,171 | €5,538 | -€1,633 | -22.8% |
| Remuneration and social security | 454/9 | €4,224 | €3,901 | -€323 | -7.7% |
| Other amounts payable | 47/48 | €286 | €597 | +€311 | +108.8% |
| Remuneration, social security and pensions | 62 | €42,231 | €41,284 | -€947 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,003 | €3,308 | -€694 | -17.3% |
| Other operating charges | 640/8 | €511 | €1,055 | +€543 | +106.2% |
| Gross operating margin | 9900 | €73,875 | €56,791 | -€17,084 | -23.1% |
| Operating profit (loss) | 9901 | €27,129 | €11,144 | -€15,985 | -58.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,079 | €2,390 | +€1,311 | +121.5% |
| Recurring financial charges | 65 | €1,079 | €2,390 | +€1,311 | +121.5% |
| Profit (loss) for the period before taxes | 9903 | €26,051 | €8,755 | -€17,296 | -66.4% |
| Income taxes | 67/77 | €5,467 | €2,324 | -€3,143 | -57.5% |
| Profit (loss) for the period | 9904 | €20,584 | €6,431 | -€14,153 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,584 | €6,431 | -€14,153 | -68.8% |
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 28 September 2026 via checked.be.