Baroy: 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.
Baroy
Largest movements
- Cash +€15,785
up €15,785 (+23.2%), from €68,033 to €83,818
mainly Other debts (+€90,000) and Net result for the year (+€25,387)
- Receivables within one year +€4,486
up €4,486 (+24.1%), from €18,647 to €23,132
of which Trade receivables: +€3,341
- Other debts +€90,000
new in 2025: €90,000
- Reserves -€64,613
down €64,613 (-98.8%), from €65,367 to €755
- Tax, wage and social debts -€5,648
down €5,648 (-27.1%), from €20,855 to €15,207
of which Taxes: -€6,939
- Staff costs +€3,506
up €3,506 (+8.1%), from €43,230 to €46,736
- Taxes +€2,624
up €2,624 (+39.0%), from €6,724 to €9,348
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.
Derived cash bridge
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 | €88,887 | €109,104 | +€20,217 | +22.7% |
| Fixed assets | 21/28 | €2,202 | €2,153 | -€49 | -2.2% |
| Tangible fixed assets | 22/27 | €2,064 | €1,513 | -€551 | -26.7% |
| Plant, machinery and equipment | 23 | €2,064 | €1,513 | -€551 | -26.7% |
| Financial fixed assets | 28 | €138 | €640 | +€502 | +364% |
| Current assets | 29/58 | €86,685 | €106,950 | +€20,266 | +23.4% |
| Amounts receivable within one year | 40/41 | €18,647 | €23,132 | +€4,486 | +24.1% |
| Trade receivables | 40 | €10,906 | €14,247 | +€3,341 | +30.6% |
| Other amounts receivable | 41 | €7,740 | €8,886 | +€1,145 | +14.8% |
| Cash at bank and in hand | 54/58 | €68,033 | €83,818 | +€15,785 | +23.2% |
| Deferred charges and accrued income | 490/1 | €5 | €0 | -€5 | -100% |
| Total equity and liabilities | 10/49 | €88,887 | €109,104 | +€20,217 | +22.7% |
| Equity | 10/15 | €66,367 | €1,755 | -€64,613 | -97.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €65,367 | €755 | -€64,613 | -98.8% |
| Distributable reserves | 133 | €65,367 | €755 | -€64,613 | -98.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,519 | €107,349 | +€84,830 | +377% |
| Amounts payable within one year | 42/48 | €21,019 | €105,648 | +€84,629 | +403% |
| Trade debts | 44 | €165 | €442 | +€277 | +168% |
| Suppliers | 440/4 | €165 | €442 | +€277 | +168% |
| Taxes, remuneration and social security | 45 | €20,855 | €15,207 | -€5,648 | -27.1% |
| Taxes | 450/3 | €18,967 | €12,027 | -€6,939 | -36.6% |
| Remuneration and social security | 454/9 | €1,888 | €3,179 | +€1,291 | +68.4% |
| Other amounts payable | 47/48 | - | €90,000 | +€90,000 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,701 | +€201 | +13.4% |
| Remuneration, social security and pensions | 62 | €43,230 | €46,736 | +€3,506 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €551 | +€173 | +45.9% |
| Other operating charges | 640/8 | €1,479 | €1,547 | +€69 | +4.6% |
| Gross operating margin | 9900 | €85,998 | €86,342 | +€345 | +0.4% |
| Operating profit (loss) | 9901 | €40,911 | €37,509 | -€3,403 | -8.3% |
| Financial income | 75/76B | €415 | €410 | -€5 | -1.3% |
| Recurring financial income | 75 | €415 | €410 | -€5 | -1.3% |
| Financial charges | 65/66B | €3,124 | €3,183 | +€59 | +1.9% |
| Recurring financial charges | 65 | €3,124 | €3,183 | +€59 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €38,203 | €34,735 | -€3,467 | -9.1% |
| Income taxes | 67/77 | €6,724 | €9,348 | +€2,624 | +39.0% |
| Profit (loss) for the period | 9904 | €31,479 | €25,387 | -€6,091 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,479 | €25,387 | -€6,091 | -19.4% |
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 15 October 2026 via checked.be.