BART'S CORNER: what changed
Two fiscal 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.
BART'S CORNER
Largest movements
- Tangible fixed assets -€12,110
down €12,110 (-13.0%), from €93,445 to €81,335
of which Land and buildings: -€9,145
- Receivables within one year -€5,017
down €5,017 (-63.6%), from €7,890 to €2,873
- Cash -€3,956
down €3,956 (-25.5%), from €15,487 to €11,531
mainly Debts after one year (-€13,568) and Net result for the year (-€5,674)
- Debts after one year -€13,568
down €13,568 (-46.5%), from €29,168 to €15,600
- Profit (loss) carried forward -€5,674
new in 2025: -€5,674
- Trade debts -€1,292
down €1,292 (-35.9%), from €3,602 to €2,310
- Gross operating margin -€10,426
down €10,426 (-49.8%), from €20,925 to €10,500
- Taxes -€1,349
down €1,349 (-100.0%), from €1,349 to €0
- Financial charges -€854
down €854 (-25.3%), from €3,371 to €2,517
- Other operating charges -€518
down €518 (-25.0%), from €2,067 to €1,550
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 | €117,617 | €97,057 | -€20,561 | -17.5% |
| Fixed assets | 21/28 | €93,445 | €81,335 | -€12,110 | -13.0% |
| Tangible fixed assets | 22/27 | €93,445 | €81,335 | -€12,110 | -13.0% |
| Land and buildings | 22 | €77,668 | €68,523 | -€9,145 | -11.8% |
| Plant, machinery and equipment | 23 | €15,778 | €12,813 | -€2,965 | -18.8% |
| Current assets | 29/58 | €24,172 | €15,722 | -€8,450 | -35.0% |
| Stocks and contracts in progress | 3 | €796 | €923 | +€127 | +16.0% |
| Stocks | 30/36 | €796 | €923 | +€127 | +16.0% |
| Amounts receivable within one year | 40/41 | €7,890 | €2,873 | -€5,017 | -63.6% |
| Other amounts receivable | 41 | €7,890 | €2,873 | -€5,017 | -63.6% |
| Cash at bank and in hand | 54/58 | €15,487 | €11,531 | -€3,956 | -25.5% |
| Deferred charges and accrued income | 490/1 | - | €395 | +€395 | |
| Total equity and liabilities | 10/49 | €117,617 | €97,057 | -€20,561 | -17.5% |
| Equity | 10/15 | €65,732 | €60,059 | -€5,674 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,132 | €47,132 | = | 0.0% |
| Distributable reserves | 133 | €47,132 | €47,132 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,674 | -€5,674 | |
| Amounts payable | 17/49 | €51,885 | €36,998 | -€14,887 | -28.7% |
| Amounts payable after more than one year | 17 | €29,168 | €15,600 | -€13,568 | -46.5% |
| Financial debts | 170/4 | €29,168 | €15,600 | -€13,568 | -46.5% |
| Amounts payable within one year | 42/48 | €22,717 | €21,398 | -€1,319 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €12,814 | €13,568 | +€754 | +5.9% |
| Financial debts | 43 | €3,590 | €3,590 | = | 0.0% |
| Other loans | 439 | €3,590 | €3,590 | = | 0.0% |
| Trade debts | 44 | €3,602 | €2,310 | -€1,292 | -35.9% |
| Suppliers | 440/4 | €3,602 | €2,310 | -€1,292 | -35.9% |
| Taxes, remuneration and social security | 45 | €2,710 | €1,930 | -€781 | -28.8% |
| Taxes | 450/3 | €2,710 | €1,530 | -€1,181 | -43.6% |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,110 | €12,110 | = | 0.0% |
| Other operating charges | 640/8 | €2,067 | €1,550 | -€518 | -25.0% |
| Gross operating margin | 9900 | €20,925 | €10,500 | -€10,426 | -49.8% |
| Operating profit (loss) | 9901 | €6,748 | -€3,160 | -€9,908 | |
| Financial income | 75/76B | €19 | €3 | -€15 | -81.2% |
| Recurring financial income | 75 | €19 | €3 | -€15 | -81.2% |
| Financial charges | 65/66B | €3,371 | €2,517 | -€854 | -25.3% |
| Recurring financial charges | 65 | €3,371 | €2,517 | -€854 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €3,396 | -€5,673 | -€9,069 | |
| Income taxes | 67/77 | €1,349 | €0 | -€1,349 | -100.0% |
| Profit (loss) for the period | 9904 | €2,046 | -€5,674 | -€7,720 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,046 | -€5,674 | -€7,720 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.