BARNABE JULIAN: what changed
BARNABE JULIAN
Largest movements
- Tangible fixed assets -€107,897
down €107,897 (-42.1%), from €256,462 to €148,565
of which Furniture and vehicles: -€84,200
- Stocks and contracts +€47,397
up €47,397 (+50.9%), from €93,149 to €140,546
- Receivables after one year +€33,250
new in 2025: €33,250
- Receivables within one year -€17,390
down €17,390 (-9.3%), from €187,672 to €170,282
of which Other amounts receivable: -€29,542
- Cash +€13,806
up €13,806 (+74.3%), from €18,586 to €32,392
mainly Investment in fixed assets (net) (+€60,513) and Depreciation (+€48,182)
- Debts after one year +€39,469
up €39,469 (+47.2%), from €83,670 to €123,140
- Reserves -€35,000
down €35,000 (-14.3%), from €245,520 to €210,520
of which Distributable reserves: -€35,000
- Tax, wage and social debts -€28,297
down €28,297 (-54.7%), from €51,747 to €23,450
of which Remuneration and social security: -€33,642
- Trade debts -€18,104
down €18,104 (-17.7%), from €102,398 to €84,295
- Current portion of long-term debt +€9,911
up €9,911 (+41.0%), from €24,176 to €34,086
- Staff costs -€62,197
down €62,197 (-12.8%), from €487,316 to €425,118
- Financial charges +€31,976
up €31,976 (+179%), from €17,840 to €49,816
of which Non-recurring financial charges: +€24,354
- Gross operating margin -€26,370
down €26,370 (-4.8%), from €544,483 to €518,113
- Financial income -€6,058
down €6,058 (-35.3%), from €17,176 to €11,118
of which Non-recurring financial income: -€17,175
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €559,864 | €528,563 | -€31,301 | -5.6% |
| Fixed assets | 21/28 | €260,457 | €151,761 | -€108,696 | -41.7% |
| Intangible fixed assets | 21 | €3,995 | €3,196 | -€799 | -20.0% |
| Tangible fixed assets | 22/27 | €256,462 | €148,565 | -€107,897 | -42.1% |
| Land and buildings | 22 | €89,957 | €76,051 | -€13,907 | -15.5% |
| Plant, machinery and equipment | 23 | €30,411 | €20,621 | -€9,790 | -32.2% |
| Furniture and vehicles | 24 | €136,094 | €51,893 | -€84,200 | -61.9% |
| Current assets | 29/58 | €299,407 | €376,802 | +€77,395 | +25.8% |
| Amounts receivable after more than one year | 29 | - | €33,250 | +€33,250 | |
| Trade receivables | 290 | - | €33,250 | +€33,250 | |
| Stocks and contracts in progress | 3 | €93,149 | €140,546 | +€47,397 | +50.9% |
| Stocks | 30/36 | €93,149 | €140,546 | +€47,397 | +50.9% |
| Amounts receivable within one year | 40/41 | €187,672 | €170,282 | -€17,390 | -9.3% |
| Trade receivables | 40 | €157,273 | €169,425 | +€12,152 | +7.7% |
| Other amounts receivable | 41 | €30,399 | €857 | -€29,542 | -97.2% |
| Cash at bank and in hand | 54/58 | €18,586 | €32,392 | +€13,806 | +74.3% |
| Deferred charges and accrued income | 490/1 | - | €332 | +€332 | |
| Total equity and liabilities | 10/49 | €559,864 | €528,563 | -€31,301 | -5.6% |
| Equity | 10/15 | €264,365 | €228,569 | -€35,796 | -13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €245,520 | €210,520 | -€35,000 | -14.3% |
| Non-distributable reserves | 130/1 | €2,310 | €2,310 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,310 | €2,310 | = | 0.0% |
| Distributable reserves | 133 | €243,210 | €208,210 | -€35,000 | -14.4% |
| Profit (loss) carried forward | 14 | €246 | -€551 | -€796 | |
| Amounts payable | 17/49 | €295,499 | €299,994 | +€4,495 | +1.5% |
| Amounts payable after more than one year | 17 | €83,670 | €123,140 | +€39,469 | +47.2% |
| Financial debts | 170/4 | €83,670 | €123,140 | +€39,469 | +47.2% |
| Amounts payable within one year | 42/48 | €211,828 | €176,854 | -€34,974 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €24,176 | €34,086 | +€9,911 | +41.0% |
| Trade debts | 44 | €102,398 | €84,295 | -€18,104 | -17.7% |
| Suppliers | 440/4 | €102,398 | €84,295 | -€18,104 | -17.7% |
| Taxes, remuneration and social security | 45 | €51,747 | €23,450 | -€28,297 | -54.7% |
| Taxes | 450/3 | €11,318 | €16,663 | +€5,345 | +47.2% |
| Remuneration and social security | 454/9 | €40,429 | €6,787 | -€33,642 | -83.2% |
| Other amounts payable | 47/48 | €33,507 | €35,023 | +€1,516 | +4.5% |
| Remuneration, social security and pensions | 62 | €487,316 | €425,118 | -€62,197 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,439 | €48,182 | +€3,744 | +8.4% |
| Other operating charges | 640/8 | €1,813 | €1,903 | +€90 | +5.0% |
| Non-recurring operating charges | 66A | €2 | €156 | +€154 | +6,471% |
| Gross operating margin | 9900 | €544,483 | €518,113 | -€26,370 | -4.8% |
| Operating profit (loss) | 9901 | €10,913 | €42,752 | +€31,839 | +292% |
| Financial income | 75/76B | €17,176 | €11,118 | -€6,058 | -35.3% |
| Recurring financial income | 75 | €1 | €11,118 | +€11,117 | +1,852,830% |
| Non-recurring financial income | 76B | €17,175 | - | -€17,175 | |
| Financial charges | 65/66B | €17,840 | €49,816 | +€31,976 | +179% |
| Recurring financial charges | 65 | €13,165 | €20,787 | +€7,621 | +57.9% |
| Non-recurring financial charges | 66B | €4,674 | €29,029 | +€24,354 | +521% |
| Profit (loss) for the period before taxes | 9903 | €10,249 | €4,054 | -€6,194 | -60.4% |
| Income taxes | 67/77 | €4,730 | €4,851 | +€121 | +2.6% |
| Profit (loss) for the period | 9904 | €5,519 | -€796 | -€6,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,519 | -€796 | -€6,315 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.