BARDEJA: 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.
BARDEJA
Largest movements
- Cash -€14,124
down €14,124 (-50.8%), from €27,811 to €13,687
mainly Contributions, distributions and other (-€25,292) and Trade debts (-€10,214)
- Stocks and contracts +€5,082
up €5,082 (+42.8%), from €11,871 to €16,953
- Tangible fixed assets -€4,060
down €4,060 (-19.5%), from €20,795 to €16,736
of which Furniture and vehicles: -€3,768
- Receivables within one year +€1,784
up €1,784 (+9.0%), from €19,877 to €21,660
of which Trade receivables: +€1,449
- Other debts +€20,934
up €20,934 (+1,063%), from €1,970 to €22,904
- Reserves -€13,724
down €13,724 (-51.0%), from €26,895 to €13,171
- Trade debts -€10,214
down €10,214 (-33.0%), from €30,967 to €20,753
- Debts after one year -€4,525
down €4,525 (-43.1%), from €10,495 to €5,970
- Tax, wage and social debts -€3,987
down €3,987 (-99.4%), from €4,010 to €23
of which Remuneration and social security: -€3,659
- Staff costs -€49,738
down €49,738 (-84.0%), from €59,193 to €9,455
- Gross operating margin -€22,675
down €22,675 (-39.5%), from €57,382 to €34,706
- Taxes +€2,642
up €2,642, from €0 to €2,642
- Financial charges +€1,490
up €1,490 (+123%), from €1,212 to €2,702
- Depreciation +€704
up €704 (+9.9%), from €7,091 to €7,795
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.
Derived cash bridge
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 | €80,544 | €69,226 | -€11,318 | -14.1% |
| Fixed assets | 21/28 | €20,985 | €16,926 | -€4,060 | -19.3% |
| Tangible fixed assets | 22/27 | €20,795 | €16,736 | -€4,060 | -19.5% |
| Plant, machinery and equipment | 23 | €5,977 | €5,685 | -€292 | -4.9% |
| Furniture and vehicles | 24 | €14,819 | €11,051 | -€3,768 | -25.4% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €59,559 | €52,300 | -€7,259 | -12.2% |
| Stocks and contracts in progress | 3 | €11,871 | €16,953 | +€5,082 | +42.8% |
| Stocks | 30/36 | €11,871 | €16,953 | +€5,082 | +42.8% |
| Amounts receivable within one year | 40/41 | €19,877 | €21,660 | +€1,784 | +9.0% |
| Trade receivables | 40 | €14,565 | €16,014 | +€1,449 | +9.9% |
| Other amounts receivable | 41 | €5,312 | €5,646 | +€334 | +6.3% |
| Cash at bank and in hand | 54/58 | €27,811 | €13,687 | -€14,124 | -50.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €80,544 | €69,226 | -€11,318 | -14.1% |
| Equity | 10/15 | €27,895 | €14,171 | -€13,724 | -49.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,895 | €13,171 | -€13,724 | -51.0% |
| Distributable reserves | 133 | €26,895 | €13,171 | -€13,724 | -51.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,649 | €55,054 | +€2,405 | +4.6% |
| Amounts payable after more than one year | 17 | €10,495 | €5,970 | -€4,525 | -43.1% |
| Financial debts | 170/4 | €10,495 | €5,970 | -€4,525 | -43.1% |
| Amounts payable within one year | 42/48 | €42,154 | €48,204 | +€6,050 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €5,207 | €4,525 | -€683 | -13.1% |
| Trade debts | 44 | €30,967 | €20,753 | -€10,214 | -33.0% |
| Suppliers | 440/4 | €30,967 | €20,753 | -€10,214 | -33.0% |
| Taxes, remuneration and social security | 45 | €4,010 | €23 | -€3,987 | -99.4% |
| Taxes | 450/3 | €351 | €23 | -€328 | -93.4% |
| Remuneration and social security | 454/9 | €3,659 | €0 | -€3,659 | -100% |
| Other amounts payable | 47/48 | €1,970 | €22,904 | +€20,934 | +1,063% |
| Accrued charges and deferred income | 492/3 | - | €880 | +€880 | |
| Remuneration, social security and pensions | 62 | €59,193 | €9,455 | -€49,738 | -84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,091 | €7,795 | +€704 | +9.9% |
| Other operating charges | 640/8 | €556 | €564 | +€8 | +1.4% |
| Gross operating margin | 9900 | €57,382 | €34,706 | -€22,675 | -39.5% |
| Operating profit (loss) | 9901 | -€9,458 | €16,893 | +€26,351 | |
| Financial income | 75/76B | €29 | €19 | -€10 | -33.9% |
| Recurring financial income | 75 | €29 | €19 | -€10 | -33.9% |
| Financial charges | 65/66B | €1,212 | €2,702 | +€1,490 | +123% |
| Recurring financial charges | 65 | €1,212 | €2,702 | +€1,490 | +123% |
| Profit (loss) for the period before taxes | 9903 | -€10,640 | €14,210 | +€24,851 | |
| Income taxes | 67/77 | €0 | €2,642 | +€2,642 | |
| Profit (loss) for the period | 9904 | -€10,640 | €11,568 | +€22,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,640 | €11,568 | +€22,209 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.