BARISEAU: 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.
BARISEAU
Largest movements
- Tangible fixed assets +€2.8m
up €2.8m (+14,854%), from €18,788 to €2.8m
of which Land and buildings: +€2.8m
- Receivables within one year +€61,574
up €61,574 (+67.2%), from €91,617 to €153,191
of which Other amounts receivable: +€58,423
- Revaluation surpluses +€2.6m
new in 2025: €2.6m
- Contributions +€177,662
up €177,662 (+68.8%), from €258,193 to €435,855
- Reserves +€112,988
up €112,988 (+36.8%), from €306,618 to €419,606
of which Distributable reserves: +€104,500
- Gross operating margin +€59,295
up €59,295 (+167%), from €35,596 to €94,891
- Depreciation +€49,145
up €49,145 (+1,393%), from €3,529 to €52,674
- Other operating charges +€22,749
up €22,749 (+246%), from €9,265 to €32,014
- Taxes +€17,859
new in 2025: €17,859
- Financial income +€8,000
up €8,000 (+275%), from €2,908 to €10,908
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 | €260,967 | €3,128,921 | +€2.9m | +1,099% |
| Fixed assets | 21/28 | €18,788 | €2,809,526 | +€2.8m | +14,854% |
| Tangible fixed assets | 22/27 | €18,788 | €2,809,526 | +€2.8m | +14,854% |
| Land and buildings | 22 | €16,805 | €2,807,936 | +€2.8m | +16,609% |
| Plant, machinery and equipment | 23 | €1,984 | €1,590 | -€394 | -19.9% |
| Current assets | 29/58 | €242,179 | €319,395 | +€77,216 | +31.9% |
| Stocks and contracts in progress | 3 | €9,445 | €9,445 | +€0 | 0.0% |
| Stocks | 30/36 | €9,445 | €9,445 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €91,617 | €153,191 | +€61,574 | +67.2% |
| Trade receivables | 40 | €59,427 | €62,578 | +€3,151 | +5.3% |
| Other amounts receivable | 41 | €32,190 | €90,613 | +€58,423 | +181% |
| Current investments | 50/53 | €94,191 | €123,390 | +€29,199 | +31.0% |
| Cash at bank and in hand | 54/58 | €46,926 | €20,270 | -€26,656 | -56.8% |
| Deferred charges and accrued income | 490/1 | - | €13,099 | +€13,099 | |
| Total equity and liabilities | 10/49 | €260,967 | €3,128,921 | +€2.9m | +1,099% |
| Equity | 10/15 | -€258,919 | €2,587,089 | +€2.8m | |
| Contributions | 10/11 | €258,193 | €435,855 | +€177,662 | +68.8% |
| Capital | 10 | €258,193 | €435,855 | +€177,662 | +68.8% |
| Issued capital | 100 | €258,193 | €435,855 | +€177,662 | +68.8% |
| Revaluation surpluses | 12 | - | €2,552,937 | +€2.6m | |
| Reserves | 13 | €306,618 | €419,606 | +€112,988 | +36.8% |
| Non-distributable reserves | 130/1 | €12,083 | €20,571 | +€8,488 | +70.2% |
| Legal reserve | 130 | €10,957 | €19,442 | +€8,485 | +77.4% |
| Reserves not available under the articles | 1311 | €1,127 | €1,128 | +€1 | +0.1% |
| Tax-exempt reserves | 132 | €11,606 | €11,606 | -€0 | 0.0% |
| Distributable reserves | 133 | €282,929 | €387,429 | +€104,500 | +36.9% |
| Profit (loss) carried forward | 14 | -€823,730 | -€821,308 | +€2,422 | +0.3% |
| Amounts payable | 17/49 | €519,886 | €541,832 | +€21,946 | +4.2% |
| Amounts payable after more than one year | 17 | €476,451 | €476,451 | -€0 | 0.0% |
| Financial debts | 170/4 | €476,451 | €476,451 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €43,435 | €63,131 | +€19,696 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,250 | +€2,250 | |
| Trade debts | 44 | €521 | €2,886 | +€2,365 | +454% |
| Suppliers | 440/4 | €521 | €2,886 | +€2,365 | +454% |
| Taxes, remuneration and social security | 45 | - | €15,336 | +€15,336 | |
| Taxes | 450/3 | - | €15,336 | +€15,336 | |
| Other amounts payable | 47/48 | €42,914 | €42,660 | -€254 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €2,250 | +€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,529 | €52,674 | +€49,145 | +1,393% |
| Other operating charges | 640/8 | €9,265 | €32,014 | +€22,749 | +246% |
| Gross operating margin | 9900 | €35,596 | €94,891 | +€59,295 | +167% |
| Operating profit (loss) | 9901 | €22,802 | €10,203 | -€12,599 | -55.3% |
| Financial income | 75/76B | €2,908 | €10,908 | +€8,000 | +275% |
| Recurring financial income | 75 | €2,908 | €10,908 | +€8,000 | +275% |
| Financial charges | 65/66B | €917 | €1,332 | +€415 | +45.3% |
| Recurring financial charges | 65 | €917 | €1,332 | +€415 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €24,794 | €19,779 | -€5,015 | -20.2% |
| Income taxes | 67/77 | - | €17,859 | +€17,859 | |
| Profit (loss) for the period | 9904 | €24,794 | €1,921 | -€22,873 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,794 | €1,921 | -€22,873 | -92.3% |
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 18 October 2026 via checked.be.