Bartech: 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.
Bartech
Largest movements
- Tangible fixed assets -€11,208
down €11,208 (-55.9%), from €20,044 to €8,836
of which Leasing and similar rights: -€8,231
- Debts after one year -€66,034
down €66,034 (-20.8%), from €317,601 to €251,567
- Other debts +€40,200
up €40,200 (+24.6%), from €163,179 to €203,379
- Reserves +€15,870
up €15,870 (+24.2%), from €65,548 to €81,418
- Tax, wage and social debts -€6,484
down €6,484 (-72.0%), from €9,001 to €2,517
- Financial income -€20,000
no longer reported in 2025 (was €20,000)
- Financial charges -€2,601
down €2,601 (-15.1%), from €17,237 to €14,637
- Gross operating margin +€1,000
up €1,000 (+2.0%), from €49,491 to €50,490
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 | €631,679 | €618,899 | -€12,780 | -2.0% |
| Fixed assets | 21/28 | €620,044 | €608,836 | -€11,208 | -1.8% |
| Tangible fixed assets | 22/27 | €20,044 | €8,836 | -€11,208 | -55.9% |
| Furniture and vehicles | 24 | €5,595 | €2,980 | -€2,615 | -46.7% |
| Leasing and similar rights | 25 | €11,930 | €3,698 | -€8,231 | -69.0% |
| Other tangible fixed assets | 26 | €2,519 | €2,158 | -€361 | -14.3% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €11,635 | €10,063 | -€1,572 | -13.5% |
| Amounts receivable within one year | 40/41 | - | €181 | +€181 | |
| Other amounts receivable | 41 | - | €181 | +€181 | |
| Cash at bank and in hand | 54/58 | €11,008 | €8,506 | -€2,501 | -22.7% |
| Deferred charges and accrued income | 490/1 | €627 | €1,375 | +€748 | +119.3% |
| Total equity and liabilities | 10/49 | €631,679 | €618,899 | -€12,780 | -2.0% |
| Equity | 10/15 | €70,548 | €86,418 | +€15,870 | +22.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €65,548 | €81,418 | +€15,870 | +24.2% |
| Distributable reserves | 133 | €65,548 | €81,418 | +€15,870 | +24.2% |
| Amounts payable | 17/49 | €561,131 | €532,480 | -€28,650 | -5.1% |
| Amounts payable after more than one year | 17 | €317,601 | €251,567 | -€66,034 | -20.8% |
| Financial debts | 170/4 | €317,601 | €251,567 | -€66,034 | -20.8% |
| Amounts payable within one year | 42/48 | €243,050 | €280,913 | +€37,864 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €67,714 | €66,034 | -€1,680 | -2.5% |
| Trade debts | 44 | €3,155 | €8,983 | +€5,828 | +184.7% |
| Suppliers | 440/4 | €3,155 | €8,983 | +€5,828 | +184.7% |
| Taxes, remuneration and social security | 45 | €9,001 | €2,517 | -€6,484 | -72.0% |
| Taxes | 450/3 | €9,001 | €2,517 | -€6,484 | -72.0% |
| Other amounts payable | 47/48 | €163,179 | €203,379 | +€40,200 | +24.6% |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,208 | €11,208 | +€0 | 0.0% |
| Other operating charges | 640/8 | €985 | €619 | -€366 | -37.2% |
| Gross operating margin | 9900 | €49,491 | €50,490 | +€1,000 | +2.0% |
| Operating profit (loss) | 9901 | €37,298 | €38,664 | +€1,366 | +3.7% |
| Financial income | 75/76B | €20,000 | - | -€20,000 | |
| Recurring financial income | 75 | €20,000 | - | -€20,000 | |
| Financial charges | 65/66B | €17,237 | €14,637 | -€2,601 | -15.1% |
| Recurring financial charges | 65 | €17,237 | €14,637 | -€2,601 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €40,061 | €24,027 | -€16,034 | -40.0% |
| Income taxes | 67/77 | €7,878 | €8,157 | +€279 | +3.5% |
| Profit (loss) for the period | 9904 | €32,183 | €15,870 | -€16,312 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,183 | €15,870 | -€16,312 | -50.7% |
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 8 October 2026 via checked.be.