BARIO: 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.
BARIO
Largest movements
- Tangible fixed assets -€69,694
down €69,694 (-2.2%), from €3.2m to €3.1m
of which Land and buildings: -€69,694
- Debts after one year -€128,541
down €128,541 (-4.1%), from €3.2m to €3.0m
of which Financial debts: -€128,541
- Reserves +€39,783
new in 2025: €39,783
- Depreciation -€149,418
down €149,418 (-68.2%), from €219,112 to €69,694
- Financial charges +€70,214
up €70,214 (+195%), from €35,971 to €106,185
- Gross operating margin +€31,014
up €31,014 (+13.2%), from €234,328 to €265,342
- Other operating charges +€22,201
up €22,201 (+3,810%), from €583 to €22,784
- Taxes +€5,195
new in 2025: €5,195
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 | €3,313,552 | €3,246,744 | -€66,808 | -2.0% |
| Fixed assets | 21/28 | €3,212,866 | €3,143,172 | -€69,694 | -2.2% |
| Tangible fixed assets | 22/27 | €3,212,866 | €3,143,172 | -€69,694 | -2.2% |
| Land and buildings | 22 | €3,212,866 | €3,143,172 | -€69,694 | -2.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €100,686 | €103,572 | +€2,886 | +2.9% |
| Amounts receivable within one year | 40/41 | €769 | €25 | -€744 | -96.8% |
| Other amounts receivable | 41 | €769 | €25 | -€744 | -96.8% |
| Cash at bank and in hand | 54/58 | €99,917 | €103,547 | +€3,630 | +3.6% |
| Total equity and liabilities | 10/49 | €3,313,552 | €3,246,744 | -€66,808 | -2.0% |
| Equity | 10/15 | -€11,701 | €49,783 | +€61,484 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €39,783 | +€39,783 | |
| Distributable reserves | 133 | - | €39,783 | +€39,783 | |
| Profit (loss) carried forward | 14 | -€21,701 | €0 | +€21,701 | |
| Amounts payable | 17/49 | €3,325,253 | €3,196,961 | -€128,292 | -3.9% |
| Amounts payable after more than one year | 17 | €3,171,256 | €3,042,715 | -€128,541 | -4.1% |
| Financial debts | 170/4 | €2,921,256 | €2,792,715 | -€128,541 | -4.4% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €134,526 | €143,821 | +€9,295 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €124,500 | €128,541 | +€4,041 | +3.2% |
| Trade debts | 44 | €10,026 | €10,085 | +€59 | +0.6% |
| Suppliers | 440/4 | €10,026 | €10,085 | +€59 | +0.6% |
| Taxes, remuneration and social security | 45 | €0 | €5,195 | +€5,195 | |
| Taxes | 450/3 | €0 | €5,195 | +€5,195 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €19,471 | €10,425 | -€9,046 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,112 | €69,694 | -€149,418 | -68.2% |
| Other operating charges | 640/8 | €583 | €22,784 | +€22,201 | +3,810% |
| Gross operating margin | 9900 | €234,328 | €265,342 | +€31,014 | +13.2% |
| Operating profit (loss) | 9901 | €14,633 | €172,864 | +€158,231 | +1,081% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €35,971 | €106,185 | +€70,214 | +195% |
| Recurring financial charges | 65 | €35,971 | €106,185 | +€70,214 | +195% |
| Profit (loss) for the period before taxes | 9903 | -€21,338 | €66,679 | +€88,017 | |
| Income taxes | 67/77 | - | €5,195 | +€5,195 | |
| Profit (loss) for the period | 9904 | -€21,338 | €61,484 | +€82,822 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,338 | €61,484 | +€82,822 |
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 24 October 2026 via checked.be.