BARELEC-SBS: 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.
BARELEC-SBS
Largest movements
- Receivables within one year +€18,256
up €18,256 (+23.7%), from €77,149 to €95,405
of which Other amounts receivable: +€18,256
- Cash -€1,955
down €1,955 (-77.2%), from €2,534 to €579
mainly Receivables within one year (-€18,256) and Tax, wage and social debts (-€1,303)
- Tangible fixed assets -€1,407
down €1,407 (-47.5%), from €2,961 to €1,554
- Profit (loss) carried forward +€16,465
up €16,465 (+350.5%), from €4,698 to €21,164
- Tax, wage and social debts -€1,303
down €1,303 (-5.5%), from €23,546 to €22,242
of which Remuneration and social security: -€1,751
- Turnover -€222,413
no longer reported in 2024 (was €222,413)
- Purchases and services -€182,522
no longer reported in 2024 (was €182,522)
- Gross operating margin -€20,840
down €20,840 (-46.1%), from €45,185 to €24,344
- Taxes -€3,804
down €3,804 (-35.8%), from €10,616 to €6,812
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 | €83,591 | €98,012 | +€14,421 | +17.3% |
| Fixed assets | 21/28 | €3,351 | €1,944 | -€1,407 | -42.0% |
| Tangible fixed assets | 22/27 | €2,961 | €1,554 | -€1,407 | -47.5% |
| Plant, machinery and equipment | 23 | €616 | €179 | -€437 | -70.9% |
| Furniture and vehicles | 24 | €1,145 | €525 | -€620 | -54.1% |
| Other tangible fixed assets | 26 | €1,200 | €850 | -€350 | -29.2% |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €80,240 | €96,068 | +€15,828 | +19.7% |
| Amounts receivable within one year | 40/41 | €77,149 | €95,405 | +€18,256 | +23.7% |
| Trade receivables | 40 | €18,447 | €18,447 | = | 0.0% |
| Other amounts receivable | 41 | €58,702 | €76,958 | +€18,256 | +31.1% |
| Cash at bank and in hand | 54/58 | €2,534 | €579 | -€1,955 | -77.2% |
| Deferred charges and accrued income | 490/1 | €558 | €84 | -€474 | -84.9% |
| Total equity and liabilities | 10/49 | €83,591 | €98,012 | +€14,421 | +17.3% |
| Equity | 10/15 | €42,587 | €59,052 | +€16,465 | +38.7% |
| Contributions | 10/11 | €9,700 | €9,700 | = | 0.0% |
| Reserves | 13 | €28,189 | €28,189 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,329 | €26,329 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,698 | €21,164 | +€16,465 | +350.5% |
| Amounts payable | 17/49 | €41,004 | €38,960 | -€2,044 | -5.0% |
| Amounts payable within one year | 42/48 | €41,004 | €38,960 | -€2,044 | -5.0% |
| Trade debts | 44 | €17,459 | €16,718 | -€741 | -4.2% |
| Suppliers | 440/4 | €17,459 | €16,718 | -€741 | -4.2% |
| Taxes, remuneration and social security | 45 | €23,546 | €22,242 | -€1,303 | -5.5% |
| Taxes | 450/3 | €12,150 | €12,598 | +€447 | +3.7% |
| Remuneration and social security | 454/9 | €11,395 | €9,645 | -€1,751 | -15.4% |
| Turnover | 70 | €222,413 | - | -€222,413 | |
| Goods, raw materials, services and sundry goods | 60/61 | €182,522 | - | -€182,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,685 | €1,407 | -€279 | -16.5% |
| Other operating charges | 640/8 | €1,053 | €3,254 | +€2,201 | +209.0% |
| Gross operating margin | 9900 | €45,185 | €24,344 | -€20,840 | -46.1% |
| Operating profit (loss) | 9901 | €42,447 | €19,684 | -€22,763 | -53.6% |
| Financial income | 75/76B | €3,076 | €4,572 | +€1,496 | +48.6% |
| Recurring financial income | 75 | €3,076 | €4,572 | +€1,496 | +48.6% |
| Financial charges | 65/66B | €1,097 | €978 | -€118 | -10.8% |
| Recurring financial charges | 65 | €1,097 | €978 | -€118 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €44,426 | €23,278 | -€21,148 | -47.6% |
| Income taxes | 67/77 | €10,616 | €6,812 | -€3,804 | -35.8% |
| Profit (loss) for the period | 9904 | €33,810 | €16,465 | -€17,344 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,810 | €16,465 | -€17,344 | -51.3% |
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 7 October 2026 via checked.be.