BARDOLINO: 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.
BARDOLINO
Largest movements
- Cash +€89,713
up €89,713 (+79.9%), from €112,306 to €202,019
mainly Investment in fixed assets (net) (+€48,738) and Receivables within one year (+€41,344)
- Tangible fixed assets -€54,037
down €54,037 (-91.7%), from €58,934 to €4,897
of which Furniture and vehicles: -€50,078
- Receivables within one year -€41,344
down €41,344 (-94.6%), from €43,697 to €2,352
of which Trade receivables: -€42,553
- Deferred charges and accrued income -€5,246
down €5,246 (-83.7%), from €6,271 to €1,025
- Reserves -€6,661
down €6,661 (-4.0%), from €165,325 to €158,663
- Tax, wage and social debts -€4,293
down €4,293 (-35.5%), from €12,097 to €7,804
- Gross operating margin -€36,369
down €36,369 (-84.6%), from €43,006 to €6,637
- Depreciation -€9,954
down €9,954 (-65.3%), from €15,252 to €5,299
- Taxes -€7,934
down €7,934 (-98.6%), from €8,047 to €113
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 | €221,395 | €210,480 | -€10,914 | -4.9% |
| Fixed assets | 21/28 | €59,121 | €5,084 | -€54,037 | -91.4% |
| Tangible fixed assets | 22/27 | €58,934 | €4,897 | -€54,037 | -91.7% |
| Plant, machinery and equipment | 23 | €8,707 | €4,748 | -€3,959 | -45.5% |
| Furniture and vehicles | 24 | €50,227 | €149 | -€50,078 | -99.7% |
| Financial fixed assets | 28 | €187 | €187 | = | 0.0% |
| Current assets | 29/58 | €162,274 | €205,396 | +€43,123 | +26.6% |
| Amounts receivable within one year | 40/41 | €43,697 | €2,352 | -€41,344 | -94.6% |
| Trade receivables | 40 | €43,345 | €792 | -€42,553 | -98.2% |
| Other amounts receivable | 41 | €352 | €1,560 | +€1,208 | +344% |
| Cash at bank and in hand | 54/58 | €112,306 | €202,019 | +€89,713 | +79.9% |
| Deferred charges and accrued income | 490/1 | €6,271 | €1,025 | -€5,246 | -83.7% |
| Total equity and liabilities | 10/49 | €221,395 | €210,480 | -€10,914 | -4.9% |
| Equity | 10/15 | €171,525 | €164,863 | -€6,661 | -3.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €165,325 | €158,663 | -€6,661 | -4.0% |
| Distributable reserves | 133 | €165,325 | €158,663 | -€6,661 | -4.0% |
| Amounts payable | 17/49 | €49,870 | €45,617 | -€4,253 | -8.5% |
| Amounts payable within one year | 42/48 | €49,870 | €45,617 | -€4,253 | -8.5% |
| Trade debts | 44 | €5,660 | €3,805 | -€1,855 | -32.8% |
| Suppliers | 440/4 | €5,660 | €3,805 | -€1,855 | -32.8% |
| Taxes, remuneration and social security | 45 | €12,097 | €7,804 | -€4,293 | -35.5% |
| Taxes | 450/3 | €12,097 | €7,804 | -€4,293 | -35.5% |
| Other amounts payable | 47/48 | €32,113 | €34,008 | +€1,895 | +5.9% |
| Non-recurring operating income | 76A | €12,678 | - | -€12,678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,252 | €5,299 | -€9,954 | -65.3% |
| Other operating charges | 640/8 | €833 | €652 | -€181 | -21.7% |
| Non-recurring operating charges | 66A | - | €7,672 | +€7,672 | |
| Gross operating margin | 9900 | €43,006 | €6,637 | -€36,369 | -84.6% |
| Operating profit (loss) | 9901 | €26,921 | -€6,986 | -€33,907 | |
| Financial income | 75/76B | €478 | €576 | +€98 | +20.6% |
| Recurring financial income | 75 | €478 | €576 | +€98 | +20.6% |
| Financial charges | 65/66B | €87 | €138 | +€51 | +58.4% |
| Recurring financial charges | 65 | €87 | €138 | +€51 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €27,311 | -€6,548 | -€33,859 | |
| Income taxes | 67/77 | €8,047 | €113 | -€7,934 | -98.6% |
| Profit (loss) for the period | 9904 | €19,264 | -€6,661 | -€25,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,264 | -€6,661 | -€25,925 |
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 22 October 2026 via checked.be.