BARENDS & PIJNAPPEL: 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.
BARENDS & PIJNAPPEL
Largest movements
- Cash -€8,576
down €8,576 (-96.9%), from €8,853 to €278
mainly Deferred charges and accrued income (-€5,131) and Net result for the year (-€2,173)
- Deferred charges and accrued income +€5,131
up €5,131 (+57,333%), from €9 to €5,140
- Receivables within one year +€1,307
up €1,307 (+138%), from €947 to €2,253
of which Trade receivables: +€669
- Tangible fixed assets -€530
down €530 (-5.6%), from €9,453 to €8,923
of which Plant, machinery and equipment: -€267
- Profit (loss) carried forward -€2,173
down €2,173 (-1.5%), from -€141,160 to -€143,333
- Trade debts -€758
down €758 (-86.3%), from €878 to €120
- Gross operating margin -€9,796
down €9,796, from €9,421 to -€375
- Other operating charges +€119
up €119 (+24.3%), from €489 to €608
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 | €36,456 | €33,788 | -€2,668 | -7.3% |
| Fixed assets | 21/28 | €10,622 | €10,092 | -€530 | -5.0% |
| Tangible fixed assets | 22/27 | €9,453 | €8,923 | -€530 | -5.6% |
| Plant, machinery and equipment | 23 | €5,771 | €5,504 | -€267 | -4.6% |
| Other tangible fixed assets | 26 | €3,682 | €3,419 | -€263 | -7.1% |
| Financial fixed assets | 28 | €1,169 | €1,169 | = | 0.0% |
| Current assets | 29/58 | €25,834 | €23,696 | -€2,138 | -8.3% |
| Stocks and contracts in progress | 3 | €16,025 | €16,025 | = | 0.0% |
| Stocks | 30/36 | €16,025 | €16,025 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €947 | €2,253 | +€1,307 | +138% |
| Trade receivables | 40 | €693 | €1,362 | +€669 | +96.6% |
| Other amounts receivable | 41 | €254 | €891 | +€637 | +251% |
| Cash at bank and in hand | 54/58 | €8,853 | €278 | -€8,576 | -96.9% |
| Deferred charges and accrued income | 490/1 | €9 | €5,140 | +€5,131 | +57,333% |
| Total equity and liabilities | 10/49 | €36,456 | €33,788 | -€2,668 | -7.3% |
| Equity | 10/15 | -€119,733 | -€121,906 | -€2,173 | -1.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,836 | €2,836 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,836 | €2,836 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,836 | €2,836 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,160 | -€143,333 | -€2,173 | -1.5% |
| Amounts payable | 17/49 | €156,189 | €155,694 | -€495 | -0.3% |
| Amounts payable after more than one year | 17 | €135,000 | €135,000 | = | 0.0% |
| Financial debts | 170/4 | €135,000 | €135,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,189 | €20,694 | -€495 | -2.3% |
| Trade debts | 44 | €878 | €120 | -€758 | -86.3% |
| Suppliers | 440/4 | €878 | €120 | -€758 | -86.3% |
| Other amounts payable | 47/48 | €20,311 | €20,574 | +€263 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €530 | -€0 | 0.0% |
| Other operating charges | 640/8 | €489 | €608 | +€119 | +24.3% |
| Gross operating margin | 9900 | €9,421 | -€375 | -€9,796 | |
| Operating profit (loss) | 9901 | €8,402 | -€1,513 | -€9,915 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €602 | €660 | +€58 | +9.6% |
| Recurring financial charges | 65 | €602 | €660 | +€58 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €7,801 | -€2,173 | -€9,974 | |
| Profit (loss) for the period | 9904 | €7,801 | -€2,173 | -€9,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,801 | -€2,173 | -€9,974 |
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 19 October 2026 via checked.be.