BARO SYSTEMS: 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.
BARO SYSTEMS
Largest movements
- Receivables within one year +€3,786
up €3,786 (+69.6%), from €5,437 to €9,223
of which Other amounts receivable: +€2,790
- Stocks and contracts -€190
down €190 (-13.4%), from €1,412 to €1,222
- Other debts +€3,227
up €3,227 (+14.1%), from €22,914 to €26,141
- Trade debts +€649
up €649 (+32.1%), from €2,019 to €2,668
- Tax, wage and social debts -€218
down €218 (-3.0%), from €7,204 to €6,987
of which Taxes: -€218
- Short-term financial debts -€178
down €178 (-33.3%), from €536 to €358
- Gross operating margin +€1,438
up €1,438, from -€1,068 to €370
- Other operating charges -€385
down €385 (-76.3%), from €505 to €120
- Financial income -€114
down €114 (-98.4%), from €116 to €2
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,849 | €10,445 | +€3,596 | +52.5% |
| Current assets | 29/58 | €6,849 | €10,445 | +€3,596 | +52.5% |
| Stocks and contracts in progress | 3 | €1,412 | €1,222 | -€190 | -13.4% |
| Stocks | 30/36 | €1,412 | €1,222 | -€190 | -13.4% |
| Amounts receivable within one year | 40/41 | €5,437 | €9,223 | +€3,786 | +69.6% |
| Trade receivables | 40 | €1,131 | €2,127 | +€996 | +88.1% |
| Other amounts receivable | 41 | €4,306 | €7,096 | +€2,790 | +64.8% |
| Total equity and liabilities | 10/49 | €6,849 | €10,445 | +€3,596 | +52.5% |
| Equity | 10/15 | -€25,825 | -€25,812 | +€12 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €196 | €196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €196 | €196 | = | 0.0% |
| Reserves not available under the articles | 1311 | €196 | €196 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,621 | -€44,609 | +€12 | 0.0% |
| Amounts payable | 17/49 | €32,673 | €36,257 | +€3,584 | +11.0% |
| Amounts payable within one year | 42/48 | €32,673 | €36,153 | +€3,480 | +10.7% |
| Financial debts | 43 | €536 | €358 | -€178 | -33.3% |
| Credit institutions | 430/8 | €536 | €358 | -€178 | -33.3% |
| Trade debts | 44 | €2,019 | €2,668 | +€649 | +32.1% |
| Suppliers | 440/4 | €2,019 | €2,668 | +€649 | +32.1% |
| Taxes, remuneration and social security | 45 | €7,204 | €6,987 | -€218 | -3.0% |
| Taxes | 450/3 | €442 | €225 | -€218 | -49.2% |
| Remuneration and social security | 454/9 | €6,762 | €6,762 | = | 0.0% |
| Other amounts payable | 47/48 | €22,914 | €26,141 | +€3,227 | +14.1% |
| Accrued charges and deferred income | 492/3 | - | €104 | +€104 | |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | -€1,068 | €370 | +€1,438 | |
| Operating profit (loss) | 9901 | -€1,573 | €250 | +€1,823 | |
| Financial income | 75/76B | €116 | €2 | -€114 | -98.4% |
| Recurring financial income | 75 | €116 | €2 | -€114 | -98.4% |
| Financial charges | 65/66B | €231 | €240 | +€8 | +3.6% |
| Recurring financial charges | 65 | €231 | €240 | +€8 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,689 | €12 | +€1,701 | |
| Profit (loss) for the period | 9904 | -€1,689 | €12 | +€1,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,689 | €12 | +€1,701 |
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 3 October 2026 via checked.be.