Baronn: 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.
Baronn
Largest movements
- Cash +€41,293
up €41,293 (+105.1%), from €39,282 to €80,575
mainly Net result for the year (+€42,239) and Depreciation (+€11,871)
- Tangible fixed assets -€7,455
down €7,455 (-18.8%), from €39,727 to €32,272
of which Leasing and similar rights: -€9,977
- Receivables within one year -€4,762
down €4,762 (-25.9%), from €18,399 to €13,637
of which Trade receivables: -€5,551
- Profit (loss) carried forward +€42,239
up €42,239 (+96.1%), from €43,949 to €86,188
- Debts after one year -€9,741
down €9,741 (-34.7%), from €28,094 to €18,353
- Tax, wage and social debts -€4,661
down €4,661 (-41.9%), from €11,129 to €6,468
- Gross operating margin -€5,944
down €5,944 (-8.1%), from €73,575 to €67,631
- Depreciation -€2,239
down €2,239 (-15.9%), from €14,110 to €11,871
- Financial charges -€1,461
down €1,461 (-46.5%), from €3,139 to €1,678
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 | €98,502 | €127,627 | +€29,125 | +29.6% |
| Fixed assets | 21/28 | €39,727 | €32,272 | -€7,455 | -18.8% |
| Tangible fixed assets | 22/27 | €39,727 | €32,272 | -€7,455 | -18.8% |
| Plant, machinery and equipment | 23 | €3,098 | €1,930 | -€1,168 | -37.7% |
| Furniture and vehicles | 24 | - | €3,690 | +€3,690 | |
| Leasing and similar rights | 25 | €36,629 | €26,652 | -€9,977 | -27.2% |
| Current assets | 29/58 | €58,776 | €95,355 | +€36,579 | +62.2% |
| Amounts receivable within one year | 40/41 | €18,399 | €13,637 | -€4,762 | -25.9% |
| Trade receivables | 40 | €18,399 | €12,848 | -€5,551 | -30.2% |
| Other amounts receivable | 41 | - | €789 | +€789 | |
| Cash at bank and in hand | 54/58 | €39,282 | €80,575 | +€41,293 | +105.1% |
| Deferred charges and accrued income | 490/1 | €1,095 | €1,143 | +€48 | +4.4% |
| Total equity and liabilities | 10/49 | €98,502 | €127,627 | +€29,125 | +29.6% |
| Equity | 10/15 | €45,449 | €87,688 | +€42,239 | +92.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,949 | €86,188 | +€42,239 | +96.1% |
| Amounts payable | 17/49 | €53,054 | €39,939 | -€13,115 | -24.7% |
| Amounts payable after more than one year | 17 | €28,094 | €18,353 | -€9,741 | -34.7% |
| Financial debts | 170/4 | €28,094 | €18,353 | -€9,741 | -34.7% |
| Amounts payable within one year | 42/48 | €23,349 | €19,939 | -€3,410 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €9,309 | €9,741 | +€432 | +4.6% |
| Trade debts | 44 | €1,098 | €1,326 | +€228 | +20.7% |
| Suppliers | 440/4 | €1,098 | €1,326 | +€228 | +20.7% |
| Taxes, remuneration and social security | 45 | €11,129 | €6,468 | -€4,661 | -41.9% |
| Taxes | 450/3 | €11,129 | €6,468 | -€4,661 | -41.9% |
| Other amounts payable | 47/48 | €1,813 | €2,404 | +€591 | +32.6% |
| Accrued charges and deferred income | 492/3 | €1,611 | €1,647 | +€36 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,110 | €11,871 | -€2,239 | -15.9% |
| Other operating charges | 640/8 | €374 | €532 | +€158 | +42.2% |
| Gross operating margin | 9900 | €73,575 | €67,631 | -€5,944 | -8.1% |
| Operating profit (loss) | 9901 | €59,091 | €55,228 | -€3,863 | -6.5% |
| Financial income | 75/76B | €10 | €25 | +€15 | +153.7% |
| Recurring financial income | 75 | €10 | €25 | +€15 | +153.7% |
| Financial charges | 65/66B | €3,139 | €1,678 | -€1,461 | -46.5% |
| Recurring financial charges | 65 | €3,139 | €1,678 | -€1,461 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €55,962 | €53,576 | -€2,386 | -4.3% |
| Income taxes | 67/77 | €12,014 | €11,336 | -€677 | -5.6% |
| Profit (loss) for the period | 9904 | €43,949 | €42,239 | -€1,709 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,949 | €42,239 | -€1,709 | -3.9% |
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 6 October 2026 via checked.be.