BAREV: what changed
BAREV
Largest movements
- Cash +€10,284
up €10,284 (+116%), from €8,878 to €19,162
mainly Other debts (+€8,990) and Trade debts (+€2,779)
- Tangible fixed assets -€1,432
down €1,432 (-16.4%), from €8,713 to €7,281
- Stocks and contracts +€898
up €898 (+28.7%), from €3,127 to €4,026
- Intangible fixed assets -€750
down €750 (-25.0%), from €3,000 to €2,250
- Other debts +€8,990
up €8,990 (+442%), from €2,036 to €11,026
- Tax, wage and social debts -€3,299
down €3,299 (-39.9%), from €8,278 to €4,979
of which Remuneration and social security: -€2,911
- Trade debts +€2,779
up €2,779 (+49.0%), from €5,669 to €8,448
- Profit (loss) carried forward +€1,961
up €1,961 (+11.8%), from -€16,569 to -€14,608
- Debts after one year -€1,585
down €1,585 (-53.5%), from €2,960 to €1,375
- Staff costs +€1,356
up €1,356 (+14.1%), from €9,638 to €10,994
- Depreciation +€356
up €356 (+19.5%), from €1,826 to €2,182
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,350 | €33,265 | +€8,914 | +36.6% |
| Fixed assets | 21/28 | €11,713 | €9,531 | -€2,182 | -18.6% |
| Intangible fixed assets | 21 | €3,000 | €2,250 | -€750 | -25.0% |
| Tangible fixed assets | 22/27 | €8,713 | €7,281 | -€1,432 | -16.4% |
| Plant, machinery and equipment | 23 | €8,713 | €7,281 | -€1,432 | -16.4% |
| Current assets | 29/58 | €12,637 | €23,734 | +€11,097 | +87.8% |
| Stocks and contracts in progress | 3 | €3,127 | €4,026 | +€898 | +28.7% |
| Stocks | 30/36 | €3,127 | €4,026 | +€898 | +28.7% |
| Amounts receivable within one year | 40/41 | €631 | €546 | -€86 | -13.6% |
| Trade receivables | 40 | - | €68 | +€68 | |
| Other amounts receivable | 41 | €631 | €478 | -€154 | -24.3% |
| Cash at bank and in hand | 54/58 | €8,878 | €19,162 | +€10,284 | +116% |
| Total equity and liabilities | 10/49 | €24,350 | €33,265 | +€8,914 | +36.6% |
| Equity | 10/15 | €3,891 | €5,852 | +€1,961 | +50.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€16,569 | -€14,608 | +€1,961 | +11.8% |
| Amounts payable | 17/49 | €20,459 | €27,413 | +€6,954 | +34.0% |
| Amounts payable after more than one year | 17 | €2,960 | €1,375 | -€1,585 | -53.5% |
| Financial debts | 170/4 | €2,960 | €1,375 | -€1,585 | -53.5% |
| Amounts payable within one year | 42/48 | €17,499 | €26,038 | +€8,538 | +48.8% |
| Current portion of amounts payable after more than one year | 42 | €1,517 | €1,585 | +€68 | +4.5% |
| Trade debts | 44 | €5,669 | €8,448 | +€2,779 | +49.0% |
| Suppliers | 440/4 | €5,669 | €8,448 | +€2,779 | +49.0% |
| Taxes, remuneration and social security | 45 | €8,278 | €4,979 | -€3,299 | -39.9% |
| Taxes | 450/3 | €3,481 | €3,093 | -€388 | -11.1% |
| Remuneration and social security | 454/9 | €4,797 | €1,886 | -€2,911 | -60.7% |
| Other amounts payable | 47/48 | €2,036 | €11,026 | +€8,990 | +442% |
| Remuneration, social security and pensions | 62 | €9,638 | €10,994 | +€1,356 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,826 | €2,182 | +€356 | +19.5% |
| Other operating charges | 640/8 | €322 | €346 | +€24 | +7.3% |
| Gross operating margin | 9900 | €17,330 | €17,189 | -€141 | -0.8% |
| Operating profit (loss) | 9901 | €5,544 | €3,667 | -€1,877 | -33.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +189% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +189% |
| Financial charges | 65/66B | €732 | €561 | -€171 | -23.3% |
| Recurring financial charges | 65 | €732 | €561 | -€171 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €4,812 | €3,107 | -€1,705 | -35.4% |
| Income taxes | 67/77 | €1,050 | €1,146 | +€96 | +9.1% |
| Profit (loss) for the period | 9904 | €3,762 | €1,961 | -€1,801 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,762 | €1,961 | -€1,801 | -47.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.