BARETTE: 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.
BARETTE
Largest movements
- Receivables within one year +€18,276
up €18,276 (+39.5%), from €46,302 to €64,578
of which Trade receivables: +€17,438
- Tangible fixed assets -€11,610
down €11,610 (-2.2%), from €523,489 to €511,879
of which Land and buildings: -€11,022
- Deferred charges and accrued income +€9,000
up €9,000 (+50.0%), from €18,000 to €27,000
- Tax, wage and social debts +€24,762
up €24,762 (+76.9%), from €32,185 to €56,947
of which Remuneration and social security: +€17,409
- Other debts +€22,517
up €22,517 (+11.5%), from €196,300 to €218,817
- Current portion of long-term debt -€17,320
down €17,320 (-96.2%), from €18,003 to €682
- Trade debts -€6,195
down €6,195 (-49.6%), from €12,498 to €6,302
- Financial charges -€3,221
down €3,221 (-30.4%), from €10,587 to €7,366
- Gross operating margin +€3,076
up €3,076 (+2.6%), from €120,220 to €123,296
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 | €588,392 | €607,640 | +€19,248 | +3.3% |
| Fixed assets | 21/28 | €523,489 | €511,879 | -€11,610 | -2.2% |
| Tangible fixed assets | 22/27 | €523,489 | €511,879 | -€11,610 | -2.2% |
| Land and buildings | 22 | €506,829 | €495,807 | -€11,022 | -2.2% |
| Plant, machinery and equipment | 23 | €16,660 | €16,072 | -€588 | -3.5% |
| Current assets | 29/58 | €64,904 | €95,761 | +€30,858 | +47.5% |
| Amounts receivable within one year | 40/41 | €46,302 | €64,578 | +€18,276 | +39.5% |
| Trade receivables | 40 | - | €17,438 | +€17,438 | |
| Other amounts receivable | 41 | €46,302 | €47,140 | +€837 | +1.8% |
| Cash at bank and in hand | 54/58 | €601 | €4,183 | +€3,582 | +595.7% |
| Deferred charges and accrued income | 490/1 | €18,000 | €27,000 | +€9,000 | +50.0% |
| Total equity and liabilities | 10/49 | €588,392 | €607,640 | +€19,248 | +3.3% |
| Equity | 10/15 | €233,966 | €232,138 | -€1,827 | -0.8% |
| Contributions | 10/11 | €163,750 | €163,750 | = | 0.0% |
| Reserves | 13 | €31,449 | €31,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,009 | €15,009 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,009 | €15,009 | = | 0.0% |
| Distributable reserves | 133 | €16,440 | €16,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,766 | €36,939 | -€1,827 | -4.7% |
| Amounts payable | 17/49 | €354,426 | €375,502 | +€21,075 | +5.9% |
| Amounts payable after more than one year | 17 | €65,038 | €65,038 | = | 0.0% |
| Financial debts | 170/4 | €65,038 | €65,038 | = | 0.0% |
| Amounts payable within one year | 42/48 | €281,105 | €304,520 | +€23,415 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €18,003 | €682 | -€17,320 | -96.2% |
| Financial debts | 43 | €22,120 | €21,772 | -€348 | -1.6% |
| Credit institutions | 430/8 | €22,120 | €21,772 | -€348 | -1.6% |
| Trade debts | 44 | €12,498 | €6,302 | -€6,195 | -49.6% |
| Suppliers | 440/4 | €12,498 | €6,302 | -€6,195 | -49.6% |
| Taxes, remuneration and social security | 45 | €32,185 | €56,947 | +€24,762 | +76.9% |
| Taxes | 450/3 | €12,762 | €20,114 | +€7,352 | +57.6% |
| Remuneration and social security | 454/9 | €19,423 | €36,833 | +€17,409 | +89.6% |
| Other amounts payable | 47/48 | €196,300 | €218,817 | +€22,517 | +11.5% |
| Accrued charges and deferred income | 492/3 | €8,284 | €5,944 | -€2,340 | -28.2% |
| Remuneration, social security and pensions | 62 | €94,757 | €94,549 | -€208 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,610 | €11,610 | = | 0.0% |
| Other operating charges | 640/8 | €11,585 | €11,660 | +€75 | +0.6% |
| Gross operating margin | 9900 | €120,220 | €123,296 | +€3,076 | +2.6% |
| Operating profit (loss) | 9901 | €2,269 | €5,477 | +€3,208 | +141.4% |
| Financial income | 75/76B | €1 | €61 | +€60 | +6560.9% |
| Recurring financial income | 75 | €1 | €61 | +€60 | +6560.9% |
| Financial charges | 65/66B | €10,587 | €7,366 | -€3,221 | -30.4% |
| Recurring financial charges | 65 | €10,587 | €7,366 | -€3,221 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,317 | -€1,827 | +€6,490 | +78.0% |
| Income taxes | 67/77 | -€57 | - | +€57 | |
| Profit (loss) for the period | 9904 | -€8,261 | -€1,827 | +€6,433 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,261 | -€1,827 | +€6,433 | +77.9% |
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 28 September 2026 via checked.be.