BARTCO: 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.
BARTCO
Largest movements
- Tangible fixed assets -€1,210
down €1,210 (-2.4%), from €50,499 to €49,289
- Other debts -€3,000
down €3,000 (-11.9%), from €25,131 to €22,131
- Reserves +€2,064
up €2,064 (+17.5%), from €11,784 to €13,848
- Purchases and services -€4,270
no longer reported in 2025 (was €4,270)
- Gross operating margin +€1,919
up €1,919 (+60.6%), from €3,167 to €5,086
- Taxes +€489
up €489 (+229.9%), from €213 to €702
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 | €55,507 | €54,571 | -€936 | -1.7% |
| Fixed assets | 21/28 | €50,499 | €49,289 | -€1,210 | -2.4% |
| Tangible fixed assets | 22/27 | €50,499 | €49,289 | -€1,210 | -2.4% |
| Land and buildings | 22 | €50,499 | €49,289 | -€1,210 | -2.4% |
| Current assets | 29/58 | €5,008 | €5,282 | +€275 | +5.5% |
| Amounts receivable within one year | 40/41 | €687 | €785 | +€98 | +14.2% |
| Other amounts receivable | 41 | €687 | €785 | +€98 | +14.2% |
| Cash at bank and in hand | 54/58 | €4,321 | €4,498 | +€177 | +4.1% |
| Total equity and liabilities | 10/49 | €55,507 | €54,571 | -€936 | -1.7% |
| Equity | 10/15 | €30,376 | €32,440 | +€2,064 | +6.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,784 | €13,848 | +€2,064 | +17.5% |
| Distributable reserves | 133 | €11,784 | €13,848 | +€2,064 | +17.5% |
| Amounts payable | 17/49 | €25,131 | €22,131 | -€3,000 | -11.9% |
| Amounts payable within one year | 42/48 | €25,131 | €22,131 | -€3,000 | -11.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,131 | €22,131 | -€3,000 | -11.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,270 | - | -€4,270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,210 | €1,210 | = | 0.0% |
| Other operating charges | 640/8 | €993 | €1,019 | +€26 | +2.6% |
| Gross operating margin | 9900 | €3,167 | €5,086 | +€1,919 | +60.6% |
| Operating profit (loss) | 9901 | €964 | €2,857 | +€1,893 | +196.4% |
| Financial charges | 65/66B | €112 | €90 | -€22 | -19.8% |
| Recurring financial charges | 65 | €112 | €90 | -€22 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €852 | €2,767 | +€1,915 | +224.9% |
| Income taxes | 67/77 | €213 | €702 | +€489 | +229.9% |
| Profit (loss) for the period | 9904 | €639 | €2,064 | +€1,426 | +223.2% |
| Profit (loss) for the period to be appropriated | 9905 | €639 | €2,064 | +€1,426 | +223.2% |
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 30 September 2026 via checked.be.