BAROTEC: what changed
What changed
BAROTEC
NACE 33.140, Repair and maintenance of electrical equipment
filed annual accounts (NBB)
Net result for the year
€29,434
2024 · €69,030-€39,596
Equity
€655,156
2024 · €626,555+€28,601
Cash
€233,166
2024 · €96,770+€136,396
Balance sheet total
€1.4m
2024 · €1.5m-€100,869
Largest movements
Assets
- Receivables within one year -€209,880
down €209,880 (-40.4%), from €518,867 to €308,988
of which Trade receivables: -€203,947
- Cash +€136,396
up €136,396 (+141%), from €96,770 to €233,166
mainly Receivables within one year (+€209,880) and Depreciation (+€44,788)
- Tangible fixed assets -€28,514
down €28,514 (-26.7%), from €106,893 to €78,379
of which Plant, machinery and equipment: -€32,094
Equity and liabilities
- Trade debts -€70,390
down €70,390 (-38.9%), from €181,073 to €110,684
- Debts after one year -€65,862
down €65,862 (-13.2%), from €499,634 to €433,773
- Profit (loss) carried forward +€30,461
up €30,461 (+5.2%), from €581,613 to €612,074
Income statement
- Staff costs +€75,604
up €75,604 (+14.1%), from €536,308 to €611,911
- Financial charges -€18,178
down €18,178 (-65.9%), from €27,593 to €9,415
- Taxes -€14,081
down €14,081 (-56.6%), from €24,880 to €10,799
- Depreciation -€13,514
down €13,514 (-23.2%), from €58,301 to €44,788
- Gross operating margin -€9,438
down €9,438 (-1.3%), from €717,905 to €708,468
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€69,030
Gross operating margin
-€9,438
Staff costs
-€75,604
Depreciation
+€13,514
Other operating charges
+€336
Financial income
-€664
Financial charges
+€18,178
Taxes
+€14,081
Result 2025
€29,434
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€216,996
Investment
-€16,274
Financing
-€64,326
Cash 2024
€96,770
From operations (derived)
+€216,996
Net result for the year
+€29,434
Depreciation
+€44,788
Receivables within one year
+€209,880
Deferred charges and accrued income
-€1,129
Trade debts
-€70,390
Tax, wage and social debts
+€4,413
Investment (derived)
-€16,274
Investment in fixed assets (net)
-€16,274
Financing
-€64,326
Debts after one year
-€65,862
Current portion of long-term debt
+€2,397
Short-term financial debts
-€28
Contributions, distributions and other
-€833
Cash 2025
€233,166
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,452,415 | €1,351,547 | -€100,869 | -6.9% |
| Fixed assets | 21/28 | €830,722 | €802,208 | -€28,514 | -3.4% |
| Tangible fixed assets | 22/27 | €106,893 | €78,379 | -€28,514 | -26.7% |
| Plant, machinery and equipment | 23 | €102,967 | €70,872 | -€32,094 | -31.2% |
| Furniture and vehicles | 24 | €3,926 | €7,507 | +€3,581 | +91.2% |
| Financial fixed assets | 28 | €723,829 | €723,829 | = | 0.0% |
| Current assets | 29/58 | €621,693 | €549,338 | -€72,355 | -11.6% |
| Amounts receivable within one year | 40/41 | €518,867 | €308,988 | -€209,880 | -40.4% |
| Trade receivables | 40 | €464,164 | €260,216 | -€203,947 | -43.9% |
| Other amounts receivable | 41 | €54,704 | €48,771 | -€5,932 | -10.8% |
| Cash at bank and in hand | 54/58 | €96,770 | €233,166 | +€136,396 | +141% |
| Deferred charges and accrued income | 490/1 | €6,056 | €7,185 | +€1,129 | +18.6% |
| Total equity and liabilities | 10/49 | €1,452,415 | €1,351,547 | -€100,869 | -6.9% |
| Equity | 10/15 | €626,555 | €655,156 | +€28,601 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,343 | €24,483 | -€1,860 | -7.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €24,483 | €24,483 | = | 0.0% |
| Profit (loss) carried forward | 14 | €581,613 | €612,074 | +€30,461 | +5.2% |
| Amounts payable | 17/49 | €825,860 | €696,391 | -€129,469 | -15.7% |
| Amounts payable after more than one year | 17 | €499,634 | €433,773 | -€65,862 | -13.2% |
| Financial debts | 170/4 | €499,634 | €433,773 | -€65,862 | -13.2% |
| Amounts payable within one year | 42/48 | €326,226 | €262,618 | -€63,608 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €81,605 | €84,002 | +€2,397 | +2.9% |
| Financial debts | 43 | €234 | €206 | -€28 | -12.0% |
| Credit institutions | 430/8 | €234 | €206 | -€28 | -12.0% |
| Trade debts | 44 | €181,073 | €110,684 | -€70,390 | -38.9% |
| Suppliers | 440/4 | €181,073 | €110,684 | -€70,390 | -38.9% |
| Taxes, remuneration and social security | 45 | €13,313 | €17,726 | +€4,413 | +33.1% |
| Taxes | 450/3 | €250 | €250 | = | 0.0% |
| Remuneration and social security | 454/9 | €13,064 | €17,477 | +€4,413 | +33.8% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Non-recurring operating income | 76A | €34,306 | €25,000 | -€9,306 | -27.1% |
| Remuneration, social security and pensions | 62 | €536,308 | €611,911 | +€75,604 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,301 | €44,788 | -€13,514 | -23.2% |
| Other operating charges | 640/8 | €3,668 | €3,332 | -€336 | -9.2% |
| Gross operating margin | 9900 | €717,905 | €708,468 | -€9,438 | -1.3% |
| Operating profit (loss) | 9901 | €119,628 | €48,437 | -€71,191 | -59.5% |
| Financial income | 75/76B | €1,875 | €1,211 | -€664 | -35.4% |
| Recurring financial income | 75 | €1,875 | €1,211 | -€664 | -35.4% |
| Financial charges | 65/66B | €27,593 | €9,415 | -€18,178 | -65.9% |
| Recurring financial charges | 65 | €27,593 | €9,415 | -€18,178 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €93,910 | €40,233 | -€53,677 | -57.2% |
| Income taxes | 67/77 | €24,880 | €10,799 | -€14,081 | -56.6% |
| Profit (loss) for the period | 9904 | €69,030 | €29,434 | -€39,596 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,030 | €29,434 | -€39,596 | -57.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.