BARKOLOGY: 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.
BARKOLOGY
Largest movements
- Deferred charges and accrued income +€13,655
up €13,655 (+467.7%), from €2,920 to €16,575
- Receivables within one year -€12,081
down €12,081 (-69.1%), from €17,472 to €5,391
of which Trade receivables: -€6,160
- Cash -€9,653
down €9,653 (-84.8%), from €11,385 to €1,732
mainly Contributions, distributions and other (-€29,531) and Investment in fixed assets (net) (-€17,818)
- Intangible fixed assets +€6,684
up €6,684 (+14.7%), from €45,488 to €52,172
- Stocks and contracts -€2,446
down €2,446 (-40.1%), from €6,102 to €3,657
- Investment grants -€29,531
no longer reported in 2025 (was €29,531)
- Reserves +€18,245
up €18,245 (+54.9%), from €33,211 to €51,456
- Other debts +€15,566
up €15,566 (+303.2%), from €5,133 to €20,700
- Provisions -€9,844
no longer reported in 2025 (was €9,844)
- Tax, wage and social debts +€1,278
new in 2025: €1,278
- Financial income +€29,840
up €29,840 (+302.6%), from €9,863 to €39,703
- Gross operating margin -€11,347
down €11,347, from €2,848 to -€8,499
- Depreciation +€6,677
up €6,677 (+148.9%), from €4,483 to €11,160
- Taxes +€609
new in 2025: €609
- Financial charges +€263
up €263 (+30.4%), from €865 to €1,128
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 | €84,903 | €81,037 | -€3,867 | -4.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,025 | €53,682 | +€6,657 | +14.2% |
| Intangible fixed assets | 21 | €45,488 | €52,172 | +€6,684 | +14.7% |
| Tangible fixed assets | 22/27 | €1,537 | €1,011 | -€526 | -34.2% |
| Plant, machinery and equipment | 23 | €1,537 | €1,011 | -€526 | -34.2% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €37,878 | €27,354 | -€10,524 | -27.8% |
| Stocks and contracts in progress | 3 | €6,102 | €3,657 | -€2,446 | -40.1% |
| Stocks | 30/36 | €6,102 | €3,657 | -€2,446 | -40.1% |
| Amounts receivable within one year | 40/41 | €17,472 | €5,391 | -€12,081 | -69.1% |
| Trade receivables | 40 | €6,160 | - | -€6,160 | |
| Other amounts receivable | 41 | €11,311 | €5,391 | -€5,920 | -52.3% |
| Cash at bank and in hand | 54/58 | €11,385 | €1,732 | -€9,653 | -84.8% |
| Deferred charges and accrued income | 490/1 | €2,920 | €16,575 | +€13,655 | +467.7% |
| Total equity and liabilities | 10/49 | €84,903 | €81,037 | -€3,867 | -4.6% |
| Equity | 10/15 | €67,742 | €56,456 | -€11,286 | -16.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,211 | €51,456 | +€18,245 | +54.9% |
| Distributable reserves | 133 | €33,211 | €51,456 | +€18,245 | +54.9% |
| Investment grants | 15 | €29,531 | - | -€29,531 | |
| Provisions and deferred taxes | 16 | €9,844 | - | -€9,844 | |
| Deferred taxes | 168 | €9,844 | - | -€9,844 | |
| Amounts payable | 17/49 | €7,317 | €24,581 | +€17,263 | +235.9% |
| Amounts payable within one year | 42/48 | €7,317 | €24,581 | +€17,263 | +235.9% |
| Trade debts | 44 | €2,184 | €2,602 | +€419 | +19.2% |
| Suppliers | 440/4 | €2,184 | €2,602 | +€419 | +19.2% |
| Taxes, remuneration and social security | 45 | - | €1,278 | +€1,278 | |
| Taxes | 450/3 | - | €1,278 | +€1,278 | |
| Other amounts payable | 47/48 | €5,133 | €20,700 | +€15,566 | +303.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,483 | €11,160 | +€6,677 | +148.9% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €2,848 | -€8,499 | -€11,347 | |
| Operating profit (loss) | 9901 | -€1,697 | -€19,721 | -€18,024 | -1062.2% |
| Financial income | 75/76B | €9,863 | €39,703 | +€29,840 | +302.6% |
| Recurring financial income | 75 | €9,863 | €39,703 | +€29,840 | +302.6% |
| Financial charges | 65/66B | €865 | €1,128 | +€263 | +30.4% |
| Recurring financial charges | 65 | €865 | €1,128 | +€263 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €7,301 | €18,854 | +€11,553 | +158.2% |
| Transfer from deferred taxes | 780 | €3,281 | - | -€3,281 | |
| Income taxes | 67/77 | - | €609 | +€609 | |
| Profit (loss) for the period | 9904 | €10,582 | €18,245 | +€7,663 | +72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,582 | €18,245 | +€7,663 | +72.4% |
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 7 October 2026 via checked.be.