BARRETT & YOUNG: 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.
BARRETT & YOUNG
Largest movements
- Tangible fixed assets -€208,945
down €208,945 (-91.9%), from €227,408 to €18,463
of which Land and buildings: -€210,000
- Cash +€68,881
up €68,881 (+915%), from €7,526 to €76,407
mainly Investment in fixed assets (net) (+€203,877) and Other debts (+€49,819)
- Deferred charges and accrued income +€46,742
up €46,742 (+353%), from €13,258 to €60,000
- Receivables within one year -€38,801
down €38,801 (-30.5%), from €127,379 to €88,578
of which Trade receivables: -€21,828
- Short-term financial debts -€150,000
no longer reported in 2025 (was €150,000)
- Trade debts -€65,436
down €65,436 (-57.5%), from €113,712 to €48,276
- Other debts +€49,819
new in 2025: €49,819
- Debts after one year +€48,078
new in 2025: €48,078
- Profit (loss) carried forward -€40,295
down €40,295 (-10.8%), from -€374,108 to -€414,403
- Staff costs -€190,087
down €190,087 (-72.4%), from €262,468 to €72,382
- Gross operating margin +€103,715
up €103,715, from -€47,700 to €56,016
- Financial charges +€5,582
up €5,582 (+157%), from €3,558 to €9,140
- Taxes +€4,467
up €4,467 (+508%), from €880 to €5,347
- Other operating charges +€1,148
up €1,148 (+34.3%), from €3,344 to €4,492
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 | €375,571 | €243,448 | -€132,123 | -35.2% |
| Fixed assets | 21/28 | €227,408 | €18,463 | -€208,945 | -91.9% |
| Tangible fixed assets | 22/27 | €227,408 | €18,463 | -€208,945 | -91.9% |
| Land and buildings | 22 | €210,000 | - | -€210,000 | |
| Plant, machinery and equipment | 23 | - | €296 | +€296 | |
| Furniture and vehicles | 24 | €217 | €4,285 | +€4,068 | +1,871% |
| Other tangible fixed assets | 26 | €17,190 | €13,882 | -€3,308 | -19.2% |
| Current assets | 29/58 | €148,163 | €224,985 | +€76,822 | +51.8% |
| Amounts receivable within one year | 40/41 | €127,379 | €88,578 | -€38,801 | -30.5% |
| Trade receivables | 40 | €109,365 | €87,537 | -€21,828 | -20.0% |
| Other amounts receivable | 41 | €18,014 | €1,041 | -€16,973 | -94.2% |
| Cash at bank and in hand | 54/58 | €7,526 | €76,407 | +€68,881 | +915% |
| Deferred charges and accrued income | 490/1 | €13,258 | €60,000 | +€46,742 | +353% |
| Total equity and liabilities | 10/49 | €375,571 | €243,448 | -€132,123 | -35.2% |
| Equity | 10/15 | €92,092 | €51,798 | -€40,295 | -43.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €460,000 | €460,000 | = | 0.0% |
| Distributable reserves | 133 | €460,000 | €460,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€374,108 | -€414,403 | -€40,295 | -10.8% |
| Amounts payable | 17/49 | €283,479 | €191,651 | -€91,828 | -32.4% |
| Amounts payable after more than one year | 17 | - | €48,078 | +€48,078 | |
| Financial debts | 170/4 | - | €48,078 | +€48,078 | |
| Amounts payable within one year | 42/48 | €283,479 | €143,573 | -€139,906 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €2,947 | €24,055 | +€21,109 | +716% |
| Financial debts | 43 | €150,000 | - | -€150,000 | |
| Credit institutions | 430/8 | €150,000 | - | -€150,000 | |
| Trade debts | 44 | €113,712 | €48,276 | -€65,436 | -57.5% |
| Suppliers | 440/4 | €113,712 | €48,276 | -€65,436 | -57.5% |
| Taxes, remuneration and social security | 45 | €16,820 | €21,423 | +€4,603 | +27.4% |
| Taxes | 450/3 | €1,060 | €3,949 | +€2,889 | +273% |
| Remuneration and social security | 454/9 | €15,760 | €17,474 | +€1,714 | +10.9% |
| Other amounts payable | 47/48 | - | €49,819 | +€49,819 | |
| Non-recurring operating income | 76A | €65,391 | €66,509 | +€1,118 | +1.7% |
| Remuneration, social security and pensions | 62 | €262,468 | €72,382 | -€190,087 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,263 | €5,067 | -€196 | -3.7% |
| Other operating charges | 640/8 | €3,344 | €4,492 | +€1,148 | +34.3% |
| Gross operating margin | 9900 | -€47,700 | €56,016 | +€103,715 | |
| Operating profit (loss) | 9901 | -€318,776 | -€25,925 | +€292,851 | +91.9% |
| Financial income | 75/76B | €331 | €117 | -€215 | -64.8% |
| Recurring financial income | 75 | €331 | €117 | -€215 | -64.8% |
| Financial charges | 65/66B | €3,558 | €9,140 | +€5,582 | +157% |
| Recurring financial charges | 65 | €3,558 | €9,140 | +€5,582 | +157% |
| Profit (loss) for the period before taxes | 9903 | -€322,003 | -€34,948 | +€287,055 | +89.1% |
| Income taxes | 67/77 | €880 | €5,347 | +€4,467 | +508% |
| Profit (loss) for the period | 9904 | -€322,883 | -€40,295 | +€282,588 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€322,883 | -€40,295 | +€282,588 | +87.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.