BARJAPAT: 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.
BARJAPAT
Largest movements
- Current investments +€1.3m
up €1.3m (+30.0%), from €4.4m to €5.8m
- Cash -€1.2m
down €1.2m (-90.0%), from €1.4m to €138,452
mainly Current investments (-€1.3m) and Investment in fixed assets (net) (-€1.0m)
- Tangible fixed assets +€991,543
up €991,543 (+114%), from €868,634 to €1.9m
of which Land and buildings: +€997,041
- Receivables within one year +€202,589
up €202,589 (+40.9%), from €495,019 to €697,608
of which Other amounts receivable: +€214,741
- Debts after one year +€1.1m
up €1.1m (+439%), from €241,623 to €1.3m
- Other debts +€169,879
up €169,879 (+102%), from €166,290 to €336,169
- Gross operating margin -€5.9m
down €5.9m (-97.9%), from €6.1m to €129,798
- Staff costs -€64,576
no longer reported in 2025 (was €64,576)
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 | €7,170,998 | €8,448,425 | +€1.3m | +17.8% |
| Fixed assets | 21/28 | €868,634 | €1,860,177 | +€991,543 | +114% |
| Tangible fixed assets | 22/27 | €868,634 | €1,860,177 | +€991,543 | +114% |
| Land and buildings | 22 | €842,774 | €1,839,815 | +€997,041 | +118% |
| Plant, machinery and equipment | 23 | €25,861 | €20,362 | -€5,498 | -21.3% |
| Current assets | 29/58 | €6,302,364 | €6,588,248 | +€285,884 | +4.5% |
| Amounts receivable within one year | 40/41 | €495,019 | €697,608 | +€202,589 | +40.9% |
| Trade receivables | 40 | €33,961 | €21,810 | -€12,152 | -35.8% |
| Other amounts receivable | 41 | €461,058 | €675,799 | +€214,741 | +46.6% |
| Current investments | 50/53 | €4,424,442 | €5,752,187 | +€1.3m | +30.0% |
| Cash at bank and in hand | 54/58 | €1,382,903 | €138,452 | -€1.2m | -90.0% |
| Total equity and liabilities | 10/49 | €7,170,998 | €8,448,425 | +€1.3m | +17.8% |
| Equity | 10/15 | €5,202,535 | €5,180,875 | -€21,661 | -0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,182,535 | €5,160,875 | -€21,661 | -0.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,372,141 | €4,350,389 | -€21,752 | -0.5% |
| Distributable reserves | 133 | €808,394 | €808,486 | +€92 | 0.0% |
| Provisions and deferred taxes | 16 | €1,457,380 | €1,450,130 | -€7,251 | -0.5% |
| Deferred taxes | 168 | €1,457,380 | €1,450,130 | -€7,251 | -0.5% |
| Amounts payable | 17/49 | €511,082 | €1,817,421 | +€1.3m | +256% |
| Amounts payable after more than one year | 17 | €241,623 | €1,301,788 | +€1.1m | +439% |
| Financial debts | 170/4 | €241,623 | €1,301,788 | +€1.1m | +439% |
| Amounts payable within one year | 42/48 | €269,459 | €515,507 | +€246,048 | +91.3% |
| Current portion of amounts payable after more than one year | 42 | €67,844 | €126,164 | +€58,320 | +86.0% |
| Trade debts | 44 | - | €53,174 | +€53,174 | |
| Suppliers | 440/4 | - | €53,174 | +€53,174 | |
| Taxes, remuneration and social security | 45 | €35,325 | - | -€35,325 | |
| Taxes | 450/3 | €35,325 | - | -€35,325 | |
| Other amounts payable | 47/48 | €166,290 | €336,169 | +€169,879 | +102% |
| Accrued charges and deferred income | 492/3 | - | €125 | +€125 | |
| Remuneration, social security and pensions | 62 | €64,576 | - | -€64,576 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,802 | €51,287 | +€8,485 | +19.8% |
| Other operating charges | 640/8 | €16,404 | €17,422 | +€1,018 | +6.2% |
| Gross operating margin | 9900 | €6,053,961 | €129,798 | -€5.9m | -97.9% |
| Operating profit (loss) | 9901 | €5,930,179 | €61,089 | -€5.9m | -99.0% |
| Financial income | 75/76B | €219,574 | €273,118 | +€53,543 | +24.4% |
| Recurring financial income | 75 | €219,574 | €273,118 | +€53,543 | +24.4% |
| Financial charges | 65/66B | €19,052 | €27,001 | +€7,949 | +41.7% |
| Recurring financial charges | 65 | €19,052 | €27,001 | +€7,949 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €6,130,701 | €307,206 | -€5.8m | -95.0% |
| Transfer from deferred taxes | 780 | - | €7,251 | +€7,251 | |
| Transfer to deferred taxes | 680 | €1,457,380 | - | -€1.5m | |
| Income taxes | 67/77 | €38,521 | €817 | -€37,704 | -97.9% |
| Profit (loss) for the period | 9904 | €4,634,800 | €313,639 | -€4.3m | -93.2% |
| Transfer from tax-exempt reserves | 789 | - | €21,752 | +€21,752 | |
| Transfer to tax-exempt reserves | 689 | €4,372,141 | - | -€4.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €262,658 | €335,392 | +€72,733 | +27.7% |
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 26 October 2026 via checked.be.