BARRACUDA: 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.
BARRACUDA
Largest movements
- Tangible fixed assets +€32,042
up €32,042 (+1702.2%), from €1,882 to €33,924
of which Furniture and vehicles: +€32,174
- Receivables within one year -€21,939
down €21,939 (-81.1%), from €27,040 to €5,102
of which Trade receivables: -€22,768
- Cash +€6,246
up €6,246 (+10.3%), from €60,742 to €66,988
mainly Receivables within one year (+€21,939) and Debts after one year (+€17,626)
- Debts after one year +€17,626
new in 2025: €17,626
- Tax, wage and social debts -€7,419
down €7,419 (-88.1%), from €8,422 to €1,002
- Reserves +€5,629
up €5,629 (+8.1%), from €69,108 to €74,737
- Current portion of long-term debt +€4,181
new in 2025: €4,181
- Other debts -€3,261
no longer reported in 2025 (was €3,261)
- Write-downs -€7,620
down €7,620, from €3,880 to -€3,740
- Gross operating margin -€5,018
down €5,018 (-40.3%), from €12,451 to €7,433
- Taxes +€1,689
up €1,689 (+286.6%), from €589 to €2,278
- Other operating charges +€741
up €741 (+101.9%), from €727 to €1,468
- Financial charges +€128
up €128 (+49.7%), from €258 to €386
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 | €89,803 | €106,033 | +€16,230 | +18.1% |
| Fixed assets | 21/28 | €1,901 | €33,943 | +€32,042 | +1685.5% |
| Tangible fixed assets | 22/27 | €1,882 | €33,924 | +€32,042 | +1702.2% |
| Furniture and vehicles | 24 | €1,618 | €33,792 | +€32,174 | +1988.0% |
| Other tangible fixed assets | 26 | €264 | €132 | -€132 | -50.0% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €87,902 | €72,090 | -€15,812 | -18.0% |
| Amounts receivable within one year | 40/41 | €27,040 | €5,102 | -€21,939 | -81.1% |
| Trade receivables | 40 | €26,658 | €3,891 | -€22,768 | -85.4% |
| Other amounts receivable | 41 | €382 | €1,211 | +€829 | +217.0% |
| Cash at bank and in hand | 54/58 | €60,742 | €66,988 | +€6,246 | +10.3% |
| Deferred charges and accrued income | 490/1 | €120 | - | -€120 | |
| Total equity and liabilities | 10/49 | €89,803 | €106,033 | +€16,230 | +18.1% |
| Equity | 10/15 | €77,569 | €83,198 | +€5,629 | +7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,108 | €74,737 | +€5,629 | +8.1% |
| Distributable reserves | 133 | €69,108 | €74,737 | +€5,629 | +8.1% |
| Profit (loss) carried forward | 14 | €2,261 | €2,261 | = | 0.0% |
| Amounts payable | 17/49 | €12,235 | €22,835 | +€10,601 | +86.6% |
| Amounts payable after more than one year | 17 | - | €17,626 | +€17,626 | |
| Financial debts | 170/4 | - | €17,626 | +€17,626 | |
| Amounts payable within one year | 42/48 | €12,235 | €5,210 | -€7,025 | -57.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,181 | +€4,181 | |
| Trade debts | 44 | €552 | €26 | -€526 | -95.3% |
| Suppliers | 440/4 | €552 | €26 | -€526 | -95.3% |
| Taxes, remuneration and social security | 45 | €8,422 | €1,002 | -€7,419 | -88.1% |
| Taxes | 450/3 | €8,422 | €1,002 | -€7,419 | -88.1% |
| Other amounts payable | 47/48 | €3,261 | - | -€3,261 | |
| Non-recurring operating income | 76A | €65 | €3,158 | +€3,093 | +4758.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,687 | €1,656 | -€31 | -1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,880 | -€3,740 | -€7,620 | |
| Other operating charges | 640/8 | €727 | €1,468 | +€741 | +101.9% |
| Non-recurring operating charges | 66A | - | €242 | +€242 | |
| Gross operating margin | 9900 | €12,451 | €7,433 | -€5,018 | -40.3% |
| Operating profit (loss) | 9901 | €6,157 | €7,807 | +€1,650 | +26.8% |
| Financial income | 75/76B | €583 | €486 | -€97 | -16.7% |
| Recurring financial income | 75 | €583 | €486 | -€97 | -16.7% |
| Financial charges | 65/66B | €258 | €386 | +€128 | +49.7% |
| Recurring financial charges | 65 | €258 | €386 | +€128 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €6,482 | €7,907 | +€1,425 | +22.0% |
| Income taxes | 67/77 | €589 | €2,278 | +€1,689 | +286.6% |
| Profit (loss) for the period | 9904 | €5,893 | €5,629 | -€264 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,893 | €5,629 | -€264 | -4.5% |
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 12 October 2026 via checked.be.