BARO VOLXUS: 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 VOLXUS
Largest movements
- Cash -€17,001
down €17,001 (-81.0%), from €20,987 to €3,986
mainly Net result for the year (-€27,515) and Investment in fixed assets (net) (-€7,000)
- Tangible fixed assets +€4,559
up €4,559 (+180.7%), from €2,523 to €7,083
of which Furniture and vehicles: +€5,685
- Intangible fixed assets -€2,499
down €2,499 (-14.0%), from €17,887 to €15,389
- Receivables within one year -€1,870
down €1,870 (-90.3%), from €2,071 to €201
of which Trade receivables: -€2,042
- Stocks and contracts -€705
down €705 (-6.4%), from €11,015 to €10,310
- Profit (loss) carried forward -€27,515
down €27,515 (-657.9%), from -€4,182 to -€31,697
- Trade debts +€9,408
up €9,408 (+127.1%), from €7,400 to €16,807
- Other debts +€4,108
up €4,108 (+18.2%), from €22,606 to €26,714
- Tax, wage and social debts -€2,876
down €2,876 (-33.9%), from €8,473 to €5,597
of which Taxes: -€2,067
- Gross operating margin -€44,380
down €44,380 (-59.3%), from €74,856 to €30,476
- Staff costs -€17,551
down €17,551 (-25.2%), from €69,612 to €52,060
- Depreciation +€1,305
up €1,305 (+35.9%), from €3,634 to €4,939
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 | €59,297 | €42,422 | -€16,876 | -28.5% |
| Fixed assets | 21/28 | €25,224 | €27,285 | +€2,061 | +8.2% |
| Intangible fixed assets | 21 | €17,887 | €15,389 | -€2,499 | -14.0% |
| Tangible fixed assets | 22/27 | €2,523 | €7,083 | +€4,559 | +180.7% |
| Plant, machinery and equipment | 23 | €2,523 | €1,398 | -€1,126 | -44.6% |
| Furniture and vehicles | 24 | - | €5,685 | +€5,685 | |
| Financial fixed assets | 28 | €4,813 | €4,813 | = | 0.0% |
| Current assets | 29/58 | €34,073 | €15,137 | -€18,936 | -55.6% |
| Stocks and contracts in progress | 3 | €11,015 | €10,310 | -€705 | -6.4% |
| Stocks | 30/36 | €11,015 | €10,310 | -€705 | -6.4% |
| Amounts receivable within one year | 40/41 | €2,071 | €201 | -€1,870 | -90.3% |
| Trade receivables | 40 | €2,042 | - | -€2,042 | |
| Other amounts receivable | 41 | €29 | €201 | +€172 | +590.8% |
| Cash at bank and in hand | 54/58 | €20,987 | €3,986 | -€17,001 | -81.0% |
| Deferred charges and accrued income | 490/1 | - | €640 | +€640 | |
| Total equity and liabilities | 10/49 | €59,297 | €42,422 | -€16,876 | -28.5% |
| Equity | 10/15 | €20,818 | -€6,697 | -€27,515 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,182 | -€31,697 | -€27,515 | -657.9% |
| Amounts payable | 17/49 | €38,479 | €49,119 | +€10,639 | +27.7% |
| Amounts payable within one year | 42/48 | €38,479 | €49,119 | +€10,639 | +27.7% |
| Trade debts | 44 | €7,400 | €16,807 | +€9,408 | +127.1% |
| Suppliers | 440/4 | €7,400 | €16,807 | +€9,408 | +127.1% |
| Taxes, remuneration and social security | 45 | €8,473 | €5,597 | -€2,876 | -33.9% |
| Taxes | 450/3 | €6,067 | €4,000 | -€2,067 | -34.1% |
| Remuneration and social security | 454/9 | €2,406 | €1,596 | -€809 | -33.6% |
| Other amounts payable | 47/48 | €22,606 | €26,714 | +€4,108 | +18.2% |
| Remuneration, social security and pensions | 62 | €69,612 | €52,060 | -€17,551 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,634 | €4,939 | +€1,305 | +35.9% |
| Other operating charges | 640/8 | €1,121 | €1,418 | +€297 | +26.5% |
| Gross operating margin | 9900 | €74,856 | €30,476 | -€44,380 | -59.3% |
| Operating profit (loss) | 9901 | €489 | -€27,942 | -€28,431 | |
| Financial income | 75/76B | €1,107 | €761 | -€346 | -31.3% |
| Recurring financial income | 75 | €1,107 | €761 | -€346 | -31.3% |
| Financial charges | 65/66B | €122 | €334 | +€213 | +174.9% |
| Recurring financial charges | 65 | €122 | €334 | +€213 | +174.9% |
| Profit (loss) for the period before taxes | 9903 | €1,474 | -€27,515 | -€28,989 | |
| Profit (loss) for the period | 9904 | €1,474 | -€27,515 | -€28,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,474 | -€27,515 | -€28,989 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.