BARINGCO INVEST: 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.
BARINGCO INVEST
Largest movements
- Cash +€52,232
up €52,232 (+31.4%), from €166,265 to €218,497
mainly Other debts (+€177,240) and Net result for the year (+€77,290)
- Tangible fixed assets -€39,642
down €39,642 (-6.1%), from €651,086 to €611,443
of which Furniture and vehicles: -€21,209
- Other debts +€177,240
up €177,240 (+179%), from €99,017 to €276,257
- Reserves -€122,710
down €122,710 (-29.8%), from €412,456 to €289,747
- Debts after one year -€33,511
down €33,511 (-12.2%), from €274,233 to €240,722
- Current portion of long-term debt -€10,249
down €10,249 (-23.4%), from €43,760 to €33,511
- Gross operating margin -€14,176
down €14,176 (-8.4%), from €167,868 to €153,692
- Financial income +€4,294
up €4,294 (+270%), from €1,592 to €5,886
- Taxes -€2,362
down €2,362 (-9.6%), from €24,617 to €22,255
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 | €1,002,712 | €1,009,647 | +€6,935 | +0.7% |
| Fixed assets | 21/28 | €651,086 | €611,443 | -€39,642 | -6.1% |
| Tangible fixed assets | 22/27 | €651,086 | €611,443 | -€39,642 | -6.1% |
| Land and buildings | 22 | €565,714 | €547,280 | -€18,434 | -3.3% |
| Furniture and vehicles | 24 | €85,372 | €64,163 | -€21,209 | -24.8% |
| Current assets | 29/58 | €351,626 | €398,204 | +€46,578 | +13.2% |
| Amounts receivable within one year | 40/41 | €4,710 | - | -€4,710 | |
| Other amounts receivable | 41 | €4,710 | - | -€4,710 | |
| Current investments | 50/53 | €175,000 | €175,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €166,265 | €218,497 | +€52,232 | +31.4% |
| Deferred charges and accrued income | 490/1 | €5,651 | €4,707 | -€944 | -16.7% |
| Total equity and liabilities | 10/49 | €1,002,712 | €1,009,647 | +€6,935 | +0.7% |
| Equity | 10/15 | €554,997 | €432,287 | -€122,710 | -22.1% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Revaluation surpluses | 12 | €12,540 | €12,540 | = | 0.0% |
| Reserves | 13 | €412,456 | €289,747 | -€122,710 | -29.8% |
| Distributable reserves | 133 | €412,456 | €289,747 | -€122,710 | -29.8% |
| Amounts payable | 17/49 | €447,715 | €577,360 | +€129,645 | +29.0% |
| Amounts payable after more than one year | 17 | €274,233 | €240,722 | -€33,511 | -12.2% |
| Financial debts | 170/4 | €274,233 | €240,722 | -€33,511 | -12.2% |
| Amounts payable within one year | 42/48 | €167,908 | €331,593 | +€163,685 | +97.5% |
| Current portion of amounts payable after more than one year | 42 | €43,760 | €33,511 | -€10,249 | -23.4% |
| Trade debts | 44 | €1,990 | €2,232 | +€242 | +12.2% |
| Suppliers | 440/4 | €1,990 | €2,232 | +€242 | +12.2% |
| Taxes, remuneration and social security | 45 | €23,141 | €19,593 | -€3,548 | -15.3% |
| Taxes | 450/3 | €23,141 | €19,593 | -€3,548 | -15.3% |
| Other amounts payable | 47/48 | €99,017 | €276,257 | +€177,240 | +179% |
| Accrued charges and deferred income | 492/3 | €5,575 | €5,046 | -€529 | -9.5% |
| Non-recurring operating income | 76A | €13,913 | - | -€13,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,204 | €43,311 | +€1,108 | +2.6% |
| Other operating charges | 640/8 | €4,716 | €5,020 | +€305 | +6.5% |
| Gross operating margin | 9900 | €167,868 | €153,692 | -€14,176 | -8.4% |
| Operating profit (loss) | 9901 | €120,949 | €105,361 | -€15,588 | -12.9% |
| Financial income | 75/76B | €1,592 | €5,886 | +€4,294 | +270% |
| Recurring financial income | 75 | €1,592 | €5,886 | +€4,294 | +270% |
| Financial charges | 65/66B | €13,111 | €11,701 | -€1,410 | -10.8% |
| Recurring financial charges | 65 | €13,111 | €11,701 | -€1,410 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €109,429 | €99,546 | -€9,884 | -9.0% |
| Income taxes | 67/77 | €24,617 | €22,255 | -€2,362 | -9.6% |
| Profit (loss) for the period | 9904 | €84,812 | €77,290 | -€7,522 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,812 | €77,290 | -€7,522 | -8.9% |
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 25 October 2026 via checked.be.