BARGEPOINT: 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.
BARGEPOINT
Largest movements
- Receivables within one year -€116,984
down €116,984 (-54.0%), from €216,818 to €99,833
of which Trade receivables: -€116,986
- Intangible fixed assets -€37,500
down €37,500 (-13.8%), from €271,875 to €234,375
- Cash -€8,786
down €8,786 (-6.2%), from €142,071 to €133,286
mainly Trade debts (-€140,759) and Debts after one year (-€97,000)
- Tangible fixed assets -€8,270
down €8,270 (-96.3%), from €8,585 to €315
of which Furniture and vehicles: -€7,625
- Trade debts -€140,759
down €140,759 (-46.5%), from €302,460 to €161,701
- Profit (loss) carried forward +€103,516
up €103,516 (+95.7%), from €108,163 to €211,679
- Debts after one year -€97,000
down €97,000 (-50.0%), from €194,000 to €97,000
- Tax, wage and social debts -€23,602
down €23,602 (-76.0%), from €31,059 to €7,457
of which Taxes: -€23,582
- Accrued charges and deferred income -€13,679
down €13,679 (-80.1%), from €17,074 to €3,395
- Gross operating margin +€47,195
up €47,195 (+31.3%), from €150,785 to €197,980
- Staff costs -€21,496
down €21,496 (-100.0%), from €21,496 to €0
- Taxes +€16,507
up €16,507 (+86.7%), from €19,041 to €35,548
- Other operating charges +€5,432
up €5,432 (+62.4%), from €8,710 to €14,141
- Financial charges -€2,117
down €2,117 (-30.0%), from €7,045 to €4,928
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 | €658,756 | €487,232 | -€171,524 | -26.0% |
| Fixed assets | 21/28 | €295,754 | €249,984 | -€45,770 | -15.5% |
| Intangible fixed assets | 21 | €271,875 | €234,375 | -€37,500 | -13.8% |
| Tangible fixed assets | 22/27 | €8,585 | €315 | -€8,270 | -96.3% |
| Plant, machinery and equipment | 23 | €960 | €315 | -€644 | -67.1% |
| Furniture and vehicles | 24 | €7,625 | €0 | -€7,625 | -100.0% |
| Financial fixed assets | 28 | €15,294 | €15,294 | = | 0.0% |
| Current assets | 29/58 | €363,002 | €237,248 | -€125,754 | -34.6% |
| Amounts receivable within one year | 40/41 | €216,818 | €99,833 | -€116,984 | -54.0% |
| Trade receivables | 40 | €215,868 | €98,881 | -€116,986 | -54.2% |
| Other amounts receivable | 41 | €950 | €952 | +€2 | +0.2% |
| Cash at bank and in hand | 54/58 | €142,071 | €133,286 | -€8,786 | -6.2% |
| Deferred charges and accrued income | 490/1 | €4,113 | €4,129 | +€16 | +0.4% |
| Total equity and liabilities | 10/49 | €658,756 | €487,232 | -€171,524 | -26.0% |
| Equity | 10/15 | €114,163 | €217,679 | +€103,516 | +90.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,163 | €211,679 | +€103,516 | +95.7% |
| Amounts payable | 17/49 | €544,592 | €269,553 | -€275,039 | -50.5% |
| Amounts payable after more than one year | 17 | €194,000 | €97,000 | -€97,000 | -50.0% |
| Other amounts payable | 178/9 | €194,000 | €97,000 | -€97,000 | -50.0% |
| Amounts payable within one year | 42/48 | €333,518 | €169,158 | -€164,360 | -49.3% |
| Trade debts | 44 | €302,460 | €161,701 | -€140,759 | -46.5% |
| Suppliers | 440/4 | €302,460 | €161,701 | -€140,759 | -46.5% |
| Taxes, remuneration and social security | 45 | €31,059 | €7,457 | -€23,602 | -76.0% |
| Taxes | 450/3 | €31,039 | €7,457 | -€23,582 | -76.0% |
| Remuneration and social security | 454/9 | €19 | €0 | -€19 | -100.0% |
| Accrued charges and deferred income | 492/3 | €17,074 | €3,395 | -€13,679 | -80.1% |
| Remuneration, social security and pensions | 62 | €21,496 | €0 | -€21,496 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,065 | €39,848 | -€217 | -0.5% |
| Other operating charges | 640/8 | €8,710 | €14,141 | +€5,432 | +62.4% |
| Gross operating margin | 9900 | €150,785 | €197,980 | +€47,195 | +31.3% |
| Operating profit (loss) | 9901 | €80,514 | €143,990 | +€63,476 | +78.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7,045 | €4,928 | -€2,117 | -30.0% |
| Recurring financial charges | 65 | €7,045 | €4,928 | -€2,117 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €73,469 | €139,064 | +€65,594 | +89.3% |
| Income taxes | 67/77 | €19,041 | €35,548 | +€16,507 | +86.7% |
| Profit (loss) for the period | 9904 | €54,428 | €103,516 | +€49,087 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,428 | €103,516 | +€49,087 | +90.2% |
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 4 October 2026 via checked.be.