BarDiCa: 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.
BarDiCa
Largest movements
- Cash +€20,326
up €20,326 (+95.7%), from €21,250 to €41,576
mainly Net result for the year (+€16,166) and Investment in fixed assets (net) (+€11,925)
- Financial fixed assets -€11,925
down €11,925 (-60.0%), from €19,875 to €7,950
- Receivables within one year -€11,761
down €11,761 (-16.6%), from €70,755 to €58,995
of which Trade receivables: -€15,607
- Tangible fixed assets -€9,903
down €9,903 (-23.4%), from €42,362 to €32,459
of which Furniture and vehicles: -€8,804
- Other debts -€35,000
down €35,000 (-94.5%), from €37,035 to €2,035
- Reserves +€15,738
new in 2025: €15,738
- Trade debts +€9,651
up €9,651 (+9.4%), from €102,144 to €111,795
- Tax, wage and social debts -€3,879
down €3,879 (-26.0%), from €14,936 to €11,057
- Accrued charges and deferred income +€1,750
new in 2025: €1,750
- Gross operating margin +€20,817
up €20,817 (+154%), from €13,500 to €34,317
- Taxes +€4,234
up €4,234 (+147%), from €2,875 to €7,109
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 | €157,686 | €146,374 | -€11,311 | -7.2% |
| Fixed assets | 21/28 | €62,237 | €40,409 | -€21,828 | -35.1% |
| Tangible fixed assets | 22/27 | €42,362 | €32,459 | -€9,903 | -23.4% |
| Plant, machinery and equipment | 23 | €5,820 | €4,926 | -€895 | -15.4% |
| Furniture and vehicles | 24 | €34,684 | €25,880 | -€8,804 | -25.4% |
| Other tangible fixed assets | 26 | €1,858 | €1,653 | -€204 | -11.0% |
| Financial fixed assets | 28 | €19,875 | €7,950 | -€11,925 | -60.0% |
| Current assets | 29/58 | €95,449 | €105,965 | +€10,516 | +11.0% |
| Stocks and contracts in progress | 3 | €2,288 | €2,959 | +€672 | +29.4% |
| Stocks | 30/36 | €2,288 | €2,959 | +€672 | +29.4% |
| Amounts receivable within one year | 40/41 | €70,755 | €58,995 | -€11,761 | -16.6% |
| Trade receivables | 40 | €63,682 | €48,074 | -€15,607 | -24.5% |
| Other amounts receivable | 41 | €7,074 | €10,920 | +€3,847 | +54.4% |
| Cash at bank and in hand | 54/58 | €21,250 | €41,576 | +€20,326 | +95.7% |
| Deferred charges and accrued income | 490/1 | €1,156 | €2,435 | +€1,279 | +111% |
| Total equity and liabilities | 10/49 | €157,686 | €146,374 | -€11,311 | -7.2% |
| Equity | 10/15 | €3,571 | €19,738 | +€16,166 | +453% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €15,738 | +€15,738 | |
| Distributable reserves | 133 | - | €15,738 | +€15,738 | |
| Profit (loss) carried forward | 14 | -€429 | - | +€429 | |
| Amounts payable | 17/49 | €154,114 | €126,636 | -€27,478 | -17.8% |
| Amounts payable within one year | 42/48 | €154,114 | €124,886 | -€29,228 | -19.0% |
| Trade debts | 44 | €102,144 | €111,795 | +€9,651 | +9.4% |
| Suppliers | 440/4 | €102,144 | €111,795 | +€9,651 | +9.4% |
| Taxes, remuneration and social security | 45 | €14,936 | €11,057 | -€3,879 | -26.0% |
| Taxes | 450/3 | €14,936 | €11,057 | -€3,879 | -26.0% |
| Other amounts payable | 47/48 | €37,035 | €2,035 | -€35,000 | -94.5% |
| Accrued charges and deferred income | 492/3 | - | €1,750 | +€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,867 | €9,903 | +€36 | +0.4% |
| Other operating charges | 640/8 | €1,024 | €1,057 | +€32 | +3.2% |
| Gross operating margin | 9900 | €13,500 | €34,317 | +€20,817 | +154% |
| Operating profit (loss) | 9901 | €2,609 | €23,358 | +€20,749 | +795% |
| Financial income | 75/76B | €0 | €0 | +€0 | +25.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +25.0% |
| Financial charges | 65/66B | €163 | €82 | -€80 | -49.4% |
| Recurring financial charges | 65 | €163 | €82 | -€80 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €2,446 | €23,275 | +€20,829 | +851% |
| Income taxes | 67/77 | €2,875 | €7,109 | +€4,234 | +147% |
| Profit (loss) for the period | 9904 | -€429 | €16,166 | +€16,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€429 | €16,166 | +€16,595 |
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 21 October 2026 via checked.be.