BARELHOEVE: 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.
BARELHOEVE
Largest movements
- Cash -€49,553
down €49,553 (-38.8%), from €127,714 to €78,162
mainly Investment in fixed assets (net) (-€32,763) and Stocks and contracts (-€19,250)
- Stocks and contracts +€19,250
up €19,250 (+21.6%), from €89,210 to €108,460
- Tangible fixed assets +€13,314
up €13,314 (+2.6%), from €513,528 to €526,841
of which Furniture and vehicles: +€27,418
No liability line moved by more than 1% of the balance sheet total.
- Depreciation +€1,716
up €1,716 (+9.7%), from €17,733 to €19,449
- Gross operating margin +€1,612
up €1,612 (+15.4%), from €10,476 to €12,088
- Other operating charges -€211
down €211 (-7.7%), from €2,742 to €2,532
- Financial income -€158
down €158 (-1.8%), from €8,758 to €8,600
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.
Cash bridge derived
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 | €744,004 | €738,580 | -€5,424 | -0.7% |
| Fixed assets | 21/28 | €514,642 | €527,956 | +€13,314 | +2.6% |
| Tangible fixed assets | 22/27 | €513,528 | €526,841 | +€13,314 | +2.6% |
| Land and buildings | 22 | €477,897 | €473,091 | -€4,806 | -1.0% |
| Plant, machinery and equipment | 23 | €35,630 | €26,332 | -€9,298 | -26.1% |
| Furniture and vehicles | 24 | - | €27,418 | +€27,418 | |
| Financial fixed assets | 28 | €1,115 | €1,115 | = | 0.0% |
| Current assets | 29/58 | €229,362 | €210,624 | -€18,738 | -8.2% |
| Stocks and contracts in progress | 3 | €89,210 | €108,460 | +€19,250 | +21.6% |
| Stocks | 30/36 | €89,210 | €108,460 | +€19,250 | +21.6% |
| Amounts receivable within one year | 40/41 | €12,437 | €18,002 | +€5,565 | +44.7% |
| Trade receivables | 40 | €12,333 | €10,570 | -€1,764 | -14.3% |
| Other amounts receivable | 41 | €104 | €7,433 | +€7,329 | +7031.2% |
| Cash at bank and in hand | 54/58 | €127,714 | €78,162 | -€49,553 | -38.8% |
| Deferred charges and accrued income | 490/1 | - | €6,000 | +€6,000 | |
| Total equity and liabilities | 10/49 | €744,004 | €738,580 | -€5,424 | -0.7% |
| Equity | 10/15 | €710,640 | €709,303 | -€1,337 | -0.2% |
| Contributions | 10/11 | €273,000 | €273,000 | = | 0.0% |
| Reserves | 13 | €410,155 | €410,155 | = | 0.0% |
| Distributable reserves | 133 | €410,155 | €410,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,485 | €26,147 | -€1,337 | -4.9% |
| Amounts payable | 17/49 | €33,364 | €29,277 | -€4,087 | -12.2% |
| Amounts payable within one year | 42/48 | €33,364 | €29,277 | -€4,087 | -12.2% |
| Trade debts | 44 | €2,390 | €336 | -€2,054 | -86.0% |
| Suppliers | 440/4 | €2,390 | €336 | -€2,054 | -86.0% |
| Taxes, remuneration and social security | 45 | €469 | €15 | -€454 | -96.8% |
| Taxes | 450/3 | €469 | €15 | -€454 | -96.8% |
| Other amounts payable | 47/48 | €30,505 | €28,927 | -€1,579 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,733 | €19,449 | +€1,716 | +9.7% |
| Other operating charges | 640/8 | €2,742 | €2,532 | -€211 | -7.7% |
| Gross operating margin | 9900 | €10,476 | €12,088 | +€1,612 | +15.4% |
| Operating profit (loss) | 9901 | -€9,999 | -€9,892 | +€107 | +1.1% |
| Financial income | 75/76B | €8,758 | €8,600 | -€158 | -1.8% |
| Recurring financial income | 75 | €8,758 | €8,600 | -€158 | -1.8% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.7% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,285 | -€1,337 | -€53 | -4.1% |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | -€1,339 | -€1,337 | +€1 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,339 | -€1,337 | +€1 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.