BARNO: 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.
BARNO
Largest movements
- Current investments -€24,682
down €24,682 (-48.5%), from €50,874 to €26,192
- Tangible fixed assets -€19,732
down €19,732 (-8.7%), from €227,014 to €207,282
of which Plant, machinery and equipment: -€33,302
- Cash +€13,127
up €13,127 (+18.2%), from €72,133 to €85,260
mainly Net result for the year (+€37,289) and Depreciation (+€36,960)
- Debts after one year -€23,386
down €23,386 (-36.9%), from €63,401 to €40,015
- Other debts -€21,878
down €21,878 (-50.3%), from €43,525 to €21,647
- Reserves +€15,648
up €15,648 (+9.0%), from €174,560 to €190,208
- Gross operating margin -€17,830
down €17,830 (-6.5%), from €274,165 to €256,335
- Depreciation -€6,201
down €6,201 (-14.4%), from €43,161 to €36,960
- Taxes -€5,108
down €5,108 (-24.4%), from €20,965 to €15,857
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 | €370,254 | €341,547 | -€28,707 | -7.8% |
| Fixed assets | 21/28 | €227,014 | €207,282 | -€19,732 | -8.7% |
| Tangible fixed assets | 22/27 | €227,014 | €207,282 | -€19,732 | -8.7% |
| Land and buildings | 22 | €126,579 | €120,176 | -€6,403 | -5.1% |
| Plant, machinery and equipment | 23 | €77,768 | €44,466 | -€33,302 | -42.8% |
| Furniture and vehicles | 24 | €22,667 | €42,640 | +€19,973 | +88.1% |
| Current assets | 29/58 | €143,240 | €134,265 | -€8,975 | -6.3% |
| Stocks and contracts in progress | 3 | €14,037 | €16,771 | +€2,734 | +19.5% |
| Stocks | 30/36 | €14,037 | €16,771 | +€2,734 | +19.5% |
| Amounts receivable within one year | 40/41 | €872 | €319 | -€553 | -63.4% |
| Trade receivables | 40 | €872 | €319 | -€553 | -63.4% |
| Current investments | 50/53 | €50,874 | €26,192 | -€24,682 | -48.5% |
| Cash at bank and in hand | 54/58 | €72,133 | €85,260 | +€13,127 | +18.2% |
| Deferred charges and accrued income | 490/1 | €5,324 | €5,723 | +€399 | +7.5% |
| Total equity and liabilities | 10/49 | €370,254 | €341,547 | -€28,707 | -7.8% |
| Equity | 10/15 | €193,160 | €208,808 | +€15,648 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €174,560 | €190,208 | +€15,648 | +9.0% |
| Distributable reserves | 133 | €174,560 | €190,208 | +€15,648 | +9.0% |
| Amounts payable | 17/49 | €177,094 | €132,739 | -€44,355 | -25.0% |
| Amounts payable after more than one year | 17 | €63,401 | €40,015 | -€23,386 | -36.9% |
| Financial debts | 170/4 | €63,401 | €40,015 | -€23,386 | -36.9% |
| Amounts payable within one year | 42/48 | €113,693 | €92,724 | -€20,969 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €27,006 | €23,386 | -€3,620 | -13.4% |
| Trade debts | 44 | €14,325 | €17,350 | +€3,025 | +21.1% |
| Suppliers | 440/4 | €14,325 | €17,350 | +€3,025 | +21.1% |
| Taxes, remuneration and social security | 45 | €28,837 | €30,341 | +€1,504 | +5.2% |
| Taxes | 450/3 | €11,428 | €4,954 | -€6,474 | -56.7% |
| Remuneration and social security | 454/9 | €17,409 | €25,387 | +€7,978 | +45.8% |
| Other amounts payable | 47/48 | €43,525 | €21,647 | -€21,878 | -50.3% |
| Remuneration, social security and pensions | 62 | €150,566 | €152,199 | +€1,633 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,161 | €36,960 | -€6,201 | -14.4% |
| Other operating charges | 640/8 | €5,894 | €4,478 | -€1,416 | -24.0% |
| Gross operating margin | 9900 | €274,165 | €256,335 | -€17,830 | -6.5% |
| Operating profit (loss) | 9901 | €74,544 | €62,698 | -€11,846 | -15.9% |
| Financial income | 75/76B | €2,736 | €607 | -€2,129 | -77.8% |
| Recurring financial income | 75 | €2,736 | €607 | -€2,129 | -77.8% |
| Financial charges | 65/66B | €11,650 | €10,159 | -€1,491 | -12.8% |
| Recurring financial charges | 65 | €11,650 | €10,159 | -€1,491 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €65,630 | €53,146 | -€12,484 | -19.0% |
| Income taxes | 67/77 | €20,965 | €15,857 | -€5,108 | -24.4% |
| Profit (loss) for the period | 9904 | €44,665 | €37,289 | -€7,376 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,665 | €37,289 | -€7,376 | -16.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.