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BARTDECO: 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.

What changed

BARTDECO

BE 0441.395.134
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,426
2023 · €37,042-€21,616
Equity
€231,529
2023 · €216,103+€15,426
Cash
€46,347
2023 · €28,328+€18,019
Balance sheet total
€233,953
2023 · €251,103-€17,150

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€24,782

    down €24,782 (-14.6%), from €169,640 to €144,858

    of which Other amounts receivable: -€33,369

  • Cash +€18,019

    up €18,019 (+63.6%), from €28,328 to €46,347

    mainly Receivables within one year (+€24,782) and Net result for the year (+€15,426)

  • Tangible fixed assets -€10,451

    down €10,451 (-21.0%), from €49,651 to €39,199

Equity and liabilities
  • Other debts -€35,000

    down €35,000 (-100.0%), from €35,000 to €0

  • Reserves +€15,426

    up €15,426 (+10.0%), from €153,603 to €169,029

    of which Distributable reserves: +€15,426

Income statement
  • Gross operating margin -€21,922

    down €21,922 (-43.3%), from €50,621 to €28,699

  • Taxes -€21,577

    down €21,577, from €15,185 to -€6,392

  • Other operating charges +€1,148

    up €1,148 (+17.0%), from €6,757 to €7,904

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €37,042
Gross operating margin -€21,922
Depreciation -€235
Other operating charges -€1,148
Financial income +€247
Taxes +€21,577
Deferred taxes and other -€20,136
Result 2024 €15,426

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€20,989
Investment -€2,971
Financing €0
Cash 2023 €28,328
Net result for the year +€15,426
Depreciation +€13,422
Receivables within one year +€24,782
Deferred charges and accrued income -€65
Tax, wage and social debts +€2,424
Other debts -€35,000
Investment in fixed assets (net) -€2,971
Cash 2024 €46,347
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €251,103 €233,953 -€17,150 -6.8%
Fixed assets 21/28 €49,651 €39,199 -€10,451 -21.0%
Tangible fixed assets 22/27 €49,651 €39,199 -€10,451 -21.0%
Land and buildings 22 €49,651 €39,199 -€10,451 -21.0%
Current assets 29/58 €201,452 €194,754 -€6,699 -3.3%
Amounts receivable within one year 40/41 €169,640 €144,858 -€24,782 -14.6%
Trade receivables 40 - €8,586 +€8,586
Other amounts receivable 41 €169,640 €136,272 -€33,369 -19.7%
Cash at bank and in hand 54/58 €28,328 €46,347 +€18,019 +63.6%
Deferred charges and accrued income 490/1 €3,484 €3,549 +€65 +1.9%
Total equity and liabilities 10/49 €251,103 €233,953 -€17,150 -6.8%
Equity 10/15 €216,103 €231,529 +€15,426 +7.1%
Contributions 10/11 €62,500 €62,500 = 0.0%
Outside capital 11 €62,500 €62,500 = 0.0%
Other 1109/19 €62,500 €62,500 = 0.0%
Reserves 13 €153,603 €169,029 +€15,426 +10.0%
Non-distributable reserves 130/1 €6,250 €6,250 = 0.0%
Reserves not available under the articles 1311 €6,250 €6,250 = 0.0%
Tax-exempt reserves 132 €0 - =
Distributable reserves 133 €147,353 €162,779 +€15,426 +10.5%
Profit (loss) carried forward 14 €0 €0 =
Provisions and deferred taxes 16 €0 - =
Deferred taxes 168 €0 - =
Amounts payable 17/49 €35,000 €2,424 -€32,576 -93.1%
Amounts payable within one year 42/48 €35,000 €2,424 -€32,576 -93.1%
Taxes, remuneration and social security 45 €0 €2,424 +€2,424
Taxes 450/3 €0 €2,424 +€2,424
Other amounts payable 47/48 €35,000 €0 -€35,000 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,187 €13,422 +€235 +1.8%
Other operating charges 640/8 €6,757 €7,904 +€1,148 +17.0%
Gross operating margin 9900 €50,621 €28,699 -€21,922 -43.3%
Operating profit (loss) 9901 €30,677 €7,373 -€23,304 -76.0%
Financial income 75/76B €1,575 €1,822 +€247 +15.7%
Recurring financial income 75 €1,575 €1,822 +€247 +15.7%
Financial charges 65/66B €161 €161 = 0.0%
Recurring financial charges 65 €161 €161 = 0.0%
Profit (loss) for the period before taxes 9903 €32,091 €9,034 -€23,057 -71.8%
Transfer from deferred taxes 780 €20,136 €0 -€20,136 -100.0%
Income taxes 67/77 €15,185 -€6,392 -€21,577
Profit (loss) for the period 9904 €37,042 €15,426 -€21,616 -58.4%
Transfer from tax-exempt reserves 789 €7,071 €0 -€7,071 -100.0%
Profit (loss) for the period to be appropriated 9905 €44,113 €15,426 -€28,687 -65.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.