BAROM: 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.
BAROM
Largest movements
- Tangible fixed assets +€25,328
up €25,328 (+273.4%), from €9,265 to €34,593
of which Furniture and vehicles: +€24,347
- Cash +€13,563
up €13,563 (+89.9%), from €15,093 to €28,655
mainly Debts after one year (+€18,554) and Net result for the year (+€11,625)
- Receivables within one year +€1,411
up €1,411 (+16.8%), from €8,376 to €9,787
of which Other amounts receivable: +€1,258
- Stocks and contracts -€1,174
down €1,174 (-38.4%), from €3,054 to €1,880
- Deferred charges and accrued income +€886
new in 2025: €886
- Debts after one year +€18,554
new in 2025: €18,554
- Reserves +€11,625
up €11,625 (+68.9%), from €16,874 to €28,499
- Current portion of long-term debt +€5,132
up €5,132, from €0 to €5,132
- Tax, wage and social debts +€4,307
up €4,307 (+93.5%), from €4,608 to €8,915
- Depreciation -€5,710
down €5,710 (-80.2%), from €7,121 to €1,411
- Taxes +€2,684
up €2,684 (+87.4%), from €3,070 to €5,754
- Gross operating margin +€816
up €816 (+4.3%), from €18,983 to €19,799
- Financial charges +€244
up €244 (+188.6%), from €130 to €374
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 | €35,787 | €75,801 | +€40,014 | +111.8% |
| Fixed assets | 21/28 | €9,265 | €34,593 | +€25,328 | +273.4% |
| Tangible fixed assets | 22/27 | €9,265 | €34,593 | +€25,328 | +273.4% |
| Land and buildings | 22 | €9,200 | €8,537 | -€663 | -7.2% |
| Plant, machinery and equipment | 23 | €65 | €1,709 | +€1,644 | +2548.7% |
| Furniture and vehicles | 24 | - | €24,347 | +€24,347 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €26,522 | €41,208 | +€14,686 | +55.4% |
| Stocks and contracts in progress | 3 | €3,054 | €1,880 | -€1,174 | -38.4% |
| Stocks | 30/36 | €3,054 | €1,880 | -€1,174 | -38.4% |
| Amounts receivable within one year | 40/41 | €8,376 | €9,787 | +€1,411 | +16.8% |
| Trade receivables | 40 | €7,376 | €7,529 | +€153 | +2.1% |
| Other amounts receivable | 41 | €1,000 | €2,258 | +€1,258 | +125.9% |
| Cash at bank and in hand | 54/58 | €15,093 | €28,655 | +€13,563 | +89.9% |
| Deferred charges and accrued income | 490/1 | - | €886 | +€886 | |
| Total equity and liabilities | 10/49 | €35,787 | €75,801 | +€40,014 | +111.8% |
| Equity | 10/15 | €22,588 | €34,213 | +€11,625 | +51.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €16,874 | €28,499 | +€11,625 | +68.9% |
| Distributable reserves | 133 | €16,874 | €28,499 | +€11,625 | +68.9% |
| Profit (loss) carried forward | 14 | -€4,286 | -€4,286 | = | 0.0% |
| Amounts payable | 17/49 | €13,199 | €41,587 | +€28,389 | +215.1% |
| Amounts payable after more than one year | 17 | - | €18,554 | +€18,554 | |
| Financial debts | 170/4 | - | €18,554 | +€18,554 | |
| Amounts payable within one year | 42/48 | €13,199 | €23,033 | +€9,834 | +74.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €5,132 | +€5,132 | |
| Trade debts | 44 | €4,197 | €4,617 | +€419 | +10.0% |
| Suppliers | 440/4 | €4,197 | €4,617 | +€419 | +10.0% |
| Taxes, remuneration and social security | 45 | €4,608 | €8,915 | +€4,307 | +93.5% |
| Taxes | 450/3 | €4,608 | €8,915 | +€4,307 | +93.5% |
| Other amounts payable | 47/48 | €4,393 | €4,370 | -€24 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,121 | €1,411 | -€5,710 | -80.2% |
| Other operating charges | 640/8 | €991 | €881 | -€111 | -11.1% |
| Gross operating margin | 9900 | €18,983 | €19,799 | +€816 | +4.3% |
| Operating profit (loss) | 9901 | €10,871 | €17,508 | +€6,636 | +61.0% |
| Financial income | 75/76B | €223 | €245 | +€22 | +10.1% |
| Recurring financial income | 75 | €223 | €245 | +€22 | +10.1% |
| Financial charges | 65/66B | €130 | €374 | +€244 | +188.6% |
| Recurring financial charges | 65 | €130 | €374 | +€244 | +188.6% |
| Profit (loss) for the period before taxes | 9903 | €10,965 | €17,379 | +€6,414 | +58.5% |
| Income taxes | 67/77 | €3,070 | €5,754 | +€2,684 | +87.4% |
| Profit (loss) for the period | 9904 | €7,895 | €11,625 | +€3,730 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,895 | €11,625 | +€3,730 | +47.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.