BARMI: 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.
BARMI
Largest movements
- Cash +€18,954
up €18,954 (+85.5%), from €22,166 to €41,120
mainly Net result for the year (+€32,501) and Short-term financial debts (+€7,504)
- Stocks and contracts +€14,587
up €14,587 (+34.7%), from €42,024 to €56,611
- Receivables within one year -€1,840
down €1,840 (-8.9%), from €20,710 to €18,870
of which Other amounts receivable: -€14,379
- Tangible fixed assets -€1,550
down €1,550 (-36.3%), from €4,266 to €2,716
of which Plant, machinery and equipment: -€922
- Profit (loss) carried forward +€32,501
up €32,501, from -€25,033 to €7,468
- Trade debts -€20,120
down €20,120 (-45.4%), from €44,331 to €24,211
- Short-term financial debts +€7,504
new in 2025: €7,504
- Tax, wage and social debts +€7,414
up €7,414 (+47.9%), from €15,473 to €22,887
of which Taxes: +€10,114
- Other debts +€2,202
up €2,202 (+4.3%), from €50,720 to €52,922
- Gross operating margin +€29,839
up €29,839 (+125.9%), from €23,703 to €53,542
- Taxes +€7,980
new in 2025: €7,980
- Other operating charges +€7,907
up €7,907 (+319.7%), from €2,473 to €10,380
- Financial charges +€784
up €784 (+225.2%), from €348 to €1,132
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 | €94,991 | €124,493 | +€29,501 | +31.1% |
| Fixed assets | 21/28 | €9,441 | €7,891 | -€1,550 | -16.4% |
| Tangible fixed assets | 22/27 | €4,266 | €2,716 | -€1,550 | -36.3% |
| Plant, machinery and equipment | 23 | €1,378 | €456 | -€922 | -66.9% |
| Other tangible fixed assets | 26 | €2,888 | €2,260 | -€628 | -21.7% |
| Financial fixed assets | 28 | €5,175 | €5,175 | = | 0.0% |
| Current assets | 29/58 | €85,550 | €116,601 | +€31,052 | +36.3% |
| Stocks and contracts in progress | 3 | €42,024 | €56,611 | +€14,587 | +34.7% |
| Stocks | 30/36 | €42,024 | €56,611 | +€14,587 | +34.7% |
| Amounts receivable within one year | 40/41 | €20,710 | €18,870 | -€1,840 | -8.9% |
| Trade receivables | 40 | - | €12,538 | +€12,538 | |
| Other amounts receivable | 41 | €20,710 | €6,331 | -€14,379 | -69.4% |
| Cash at bank and in hand | 54/58 | €22,166 | €41,120 | +€18,954 | +85.5% |
| Deferred charges and accrued income | 490/1 | €650 | - | -€650 | |
| Total equity and liabilities | 10/49 | €94,991 | €124,493 | +€29,501 | +31.1% |
| Equity | 10/15 | -€15,533 | €16,968 | +€32,501 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,033 | €7,468 | +€32,501 | |
| Amounts payable | 17/49 | €110,524 | €107,524 | -€2,999 | -2.7% |
| Amounts payable within one year | 42/48 | €110,524 | €107,524 | -€2,999 | -2.7% |
| Financial debts | 43 | - | €7,504 | +€7,504 | |
| Credit institutions | 430/8 | - | €7,504 | +€7,504 | |
| Trade debts | 44 | €44,331 | €24,211 | -€20,120 | -45.4% |
| Suppliers | 440/4 | €44,331 | €24,211 | -€20,120 | -45.4% |
| Taxes, remuneration and social security | 45 | €15,473 | €22,887 | +€7,414 | +47.9% |
| Taxes | 450/3 | €12,773 | €22,887 | +€10,114 | +79.2% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €50,720 | €52,922 | +€2,202 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,542 | €1,550 | +€8 | +0.5% |
| Other operating charges | 640/8 | €2,473 | €10,380 | +€7,907 | +319.7% |
| Gross operating margin | 9900 | €23,703 | €53,542 | +€29,839 | +125.9% |
| Operating profit (loss) | 9901 | €19,688 | €41,612 | +€21,924 | +111.4% |
| Financial charges | 65/66B | €348 | €1,132 | +€784 | +225.2% |
| Recurring financial charges | 65 | €348 | €1,132 | +€784 | +225.2% |
| Profit (loss) for the period before taxes | 9903 | €19,340 | €40,480 | +€21,140 | +109.3% |
| Income taxes | 67/77 | - | €7,980 | +€7,980 | |
| Profit (loss) for the period | 9904 | €19,340 | €32,501 | +€13,161 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,340 | €32,501 | +€13,161 | +68.0% |
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 8 October 2026 via checked.be.