BARRA: 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.
BARRA
Largest movements
- Receivables within one year +€28,923
up €28,923 (+56.7%), from €50,985 to €79,908
of which Trade receivables: +€32,280
- Tangible fixed assets -€17,144
down €17,144 (-10.9%), from €156,583 to €139,440
of which Land and buildings: -€9,044
- Stocks and contracts -€4,616
down €4,616 (-52.8%), from €8,734 to €4,119
- Reserves +€37,204
up €37,204 (+25.3%), from €147,183 to €184,387
of which Distributable reserves: +€37,204
- Debts after one year -€18,172
down €18,172 (-25.4%), from €71,451 to €53,279
- Trade debts -€5,999
down €5,999 (-82.1%), from €7,305 to €1,307
- Tax, wage and social debts -€3,828
down €3,828 (-55.3%), from €6,925 to €3,097
of which Remuneration and social security: -€4,525
- Write-downs -€12,098
new in 2025: -€12,098
- Other operating charges +€12,071
up €12,071 (+585.1%), from €2,063 to €14,133
- Staff costs -€8,804
down €8,804 (-96.5%), from €9,121 to €317
- Gross operating margin +€4,360
up €4,360 (+7.9%), from €55,082 to €59,442
- Financial charges -€4,281
down €4,281 (-61.0%), from €7,024 to €2,743
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 | €289,666 | €298,694 | +€9,028 | +3.1% |
| Fixed assets | 21/28 | €156,583 | €139,440 | -€17,144 | -10.9% |
| Tangible fixed assets | 22/27 | €156,583 | €139,440 | -€17,144 | -10.9% |
| Land and buildings | 22 | €131,178 | €122,135 | -€9,044 | -6.9% |
| Plant, machinery and equipment | 23 | €10,733 | €7,237 | -€3,496 | -32.6% |
| Furniture and vehicles | 24 | €13,456 | €10,068 | -€3,388 | -25.2% |
| Leasing and similar rights | 25 | €1,216 | - | -€1,216 | |
| Current assets | 29/58 | €133,082 | €159,254 | +€26,172 | +19.7% |
| Stocks and contracts in progress | 3 | €8,734 | €4,119 | -€4,616 | -52.8% |
| Stocks | 30/36 | €8,734 | €4,119 | -€4,616 | -52.8% |
| Amounts receivable within one year | 40/41 | €50,985 | €79,908 | +€28,923 | +56.7% |
| Trade receivables | 40 | €47,596 | €79,876 | +€32,280 | +67.8% |
| Other amounts receivable | 41 | €3,389 | €32 | -€3,357 | -99.1% |
| Cash at bank and in hand | 54/58 | €71,501 | €74,310 | +€2,809 | +3.9% |
| Deferred charges and accrued income | 490/1 | €1,862 | €917 | -€945 | -50.7% |
| Total equity and liabilities | 10/49 | €289,666 | €298,694 | +€9,028 | +3.1% |
| Equity | 10/15 | €172,183 | €209,387 | +€37,204 | +21.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €147,183 | €184,387 | +€37,204 | +25.3% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,789 | €24,789 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,195 | €24,195 | = | 0.0% |
| Distributable reserves | 133 | €98,199 | €135,403 | +€37,204 | +37.9% |
| Amounts payable | 17/49 | €117,483 | €89,306 | -€28,176 | -24.0% |
| Amounts payable after more than one year | 17 | €71,451 | €53,279 | -€18,172 | -25.4% |
| Financial debts | 170/4 | €71,451 | €53,279 | -€18,172 | -25.4% |
| Amounts payable within one year | 42/48 | €45,884 | €35,820 | -€10,064 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €14,975 | €14,645 | -€330 | -2.2% |
| Trade debts | 44 | €7,305 | €1,307 | -€5,999 | -82.1% |
| Suppliers | 440/4 | €7,305 | €1,307 | -€5,999 | -82.1% |
| Advances received on contracts in progress | 46 | €34 | - | -€34 | |
| Taxes, remuneration and social security | 45 | €6,925 | €3,097 | -€3,828 | -55.3% |
| Taxes | 450/3 | €2,400 | €3,097 | +€697 | +29.1% |
| Remuneration and social security | 454/9 | €4,525 | - | -€4,525 | |
| Other amounts payable | 47/48 | €16,645 | €16,771 | +€127 | +0.8% |
| Accrued charges and deferred income | 492/3 | €148 | €207 | +€59 | +40.1% |
| Remuneration, social security and pensions | 62 | €9,121 | €317 | -€8,804 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,052 | €17,144 | -€2,909 | -14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€12,098 | -€12,098 | |
| Other operating charges | 640/8 | €2,063 | €14,133 | +€12,071 | +585.1% |
| Gross operating margin | 9900 | €55,082 | €59,442 | +€4,360 | +7.9% |
| Operating profit (loss) | 9901 | €23,845 | €39,946 | +€16,101 | +67.5% |
| Financial income | 75/76B | €30 | €1 | -€30 | -97.6% |
| Recurring financial income | 75 | €30 | €1 | -€30 | -97.6% |
| Financial charges | 65/66B | €7,024 | €2,743 | -€4,281 | -61.0% |
| Recurring financial charges | 65 | €7,024 | €2,743 | -€4,281 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €16,852 | €37,204 | +€20,352 | +120.8% |
| Profit (loss) for the period | 9904 | €16,852 | €37,204 | +€20,352 | +120.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,852 | €37,204 | +€20,352 | +120.8% |
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 9 October 2026 via checked.be.