BARRACUDA UNINCORPORATED: what changed
What changed
BARRACUDA UNINCORPORATED
NACE 73.110, Advertising agencies
filed annual accounts (NBB)
Net result for the year
€1,030
2023 · €6,156-€5,126
Equity
€45,831
2023 · €44,801+€1,030
Cash
€1,720
2023 · €76,490-€74,770
Balance sheet total
€2.7m
2023 · €2.2m+€513,304
Largest movements
Assets
- Receivables within one year +€612,834
up €612,834 (+29.2%), from €2.1m to €2.7m
of which Trade receivables: +€579,899
- Cash -€74,770
down €74,770 (-97.8%), from €76,490 to €1,720
mainly Receivables within one year (-€612,834) and Trade debts (-€230,339)
Equity and liabilities
- Advances received +€597,174
up €597,174 (+33.0%), from €1.8m to €2.4m
- Trade debts -€230,339
down €230,339 (-69.8%), from €330,191 to €99,852
- Debts after one year +€133,926
new in 2024: €133,926
- Current portion of long-term debt +€34,390
new in 2024: €34,390
Income statement
- Financial charges +€14,816
up €14,816 (+103%), from €14,431 to €29,247
- Gross operating margin +€8,356
up €8,356 (+25.0%), from €33,359 to €41,715
- Taxes -€1,870
down €1,870 (-48.6%), from €3,845 to €1,975
- Depreciation +€1,693
up €1,693 (+60.8%), from €2,787 to €4,481
- Other operating charges -€1,158
down €1,158 (-18.9%), from €6,140 to €4,982
Change in the result, 2023 to 2024
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 2023
€6,156
Gross operating margin
+€8,356
Depreciation
-€1,693
Other operating charges
+€1,158
Financial income
-€0
Financial charges
-€14,816
Taxes
+€1,870
Result 2024
€1,030
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€241,085
Investment
-€2,000
Financing
+€168,315
Cash 2023
€76,490
From operations (derived)
-€241,085
Net result for the year
+€1,030
Depreciation
+€4,481
Receivables within one year
-€612,834
Deferred charges and accrued income
+€22,280
Trade debts
-€230,339
Tax, wage and social debts
-€6,295
Advances received
+€597,174
Accrued charges and deferred income
-€16,581
Investment (derived)
-€2,000
Investment in fixed assets (net)
-€2,000
Financing
+€168,315
Debts after one year
+€133,926
Current portion of long-term debt
+€34,390
Cash 2024
€1,720
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,215,850 | €2,729,154 | +€513,304 | +23.2% |
| Fixed assets | 21/28 | €14,051 | €11,571 | -€2,481 | -17.7% |
| Tangible fixed assets | 22/27 | €12,938 | €10,458 | -€2,481 | -19.2% |
| Plant, machinery and equipment | 23 | €4,538 | €5,226 | +€688 | +15.2% |
| Furniture and vehicles | 24 | €7,027 | €4,002 | -€3,025 | -43.1% |
| Other tangible fixed assets | 26 | €1,373 | €1,229 | -€143 | -10.4% |
| Financial fixed assets | 28 | €1,113 | €1,113 | = | 0.0% |
| Current assets | 29/58 | €2,201,799 | €2,717,583 | +€515,784 | +23.4% |
| Amounts receivable within one year | 40/41 | €2,099,752 | €2,712,586 | +€612,834 | +29.2% |
| Trade receivables | 40 | €1,972,920 | €2,552,820 | +€579,899 | +29.4% |
| Other amounts receivable | 41 | €126,832 | €159,767 | +€32,935 | +26.0% |
| Cash at bank and in hand | 54/58 | €76,490 | €1,720 | -€74,770 | -97.8% |
| Deferred charges and accrued income | 490/1 | €25,557 | €3,277 | -€22,280 | -87.2% |
| Total equity and liabilities | 10/49 | €2,215,850 | €2,729,154 | +€513,304 | +23.2% |
| Equity | 10/15 | €44,801 | €45,831 | +€1,030 | +2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,741 | €37,771 | +€1,030 | +2.8% |
| Amounts payable | 17/49 | €2,171,049 | €2,683,322 | +€512,274 | +23.6% |
| Amounts payable after more than one year | 17 | - | €133,926 | +€133,926 | |
| Financial debts | 170/4 | - | €133,926 | +€133,926 | |
| Amounts payable within one year | 42/48 | €2,154,468 | €2,549,397 | +€394,929 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | - | €34,390 | +€34,390 | |
| Trade debts | 44 | €330,191 | €99,852 | -€230,339 | -69.8% |
| Suppliers | 440/4 | €330,191 | €99,852 | -€230,339 | -69.8% |
| Advances received on contracts in progress | 46 | €1,808,220 | €2,405,394 | +€597,174 | +33.0% |
| Taxes, remuneration and social security | 45 | €12,115 | €5,819 | -€6,295 | -52.0% |
| Taxes | 450/3 | €12,115 | €5,819 | -€6,295 | -52.0% |
| Other amounts payable | 47/48 | €3,942 | €3,942 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16,581 | - | -€16,581 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,787 | €4,481 | +€1,693 | +60.8% |
| Other operating charges | 640/8 | €6,140 | €4,982 | -€1,158 | -18.9% |
| Gross operating margin | 9900 | €33,359 | €41,715 | +€8,356 | +25.0% |
| Operating profit (loss) | 9901 | €24,432 | €32,252 | +€7,820 | +32.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €14,431 | €29,247 | +€14,816 | +103% |
| Recurring financial charges | 65 | €14,431 | €29,247 | +€14,816 | +103% |
| Profit (loss) for the period before taxes | 9903 | €10,001 | €3,005 | -€6,996 | -70.0% |
| Income taxes | 67/77 | €3,845 | €1,975 | -€1,870 | -48.6% |
| Profit (loss) for the period | 9904 | €6,156 | €1,030 | -€5,126 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,156 | €1,030 | -€5,126 | -83.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.