BARTEK: 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.
BARTEK
Largest movements
- Receivables within one year +€98,730
up €98,730 (+23.6%), from €418,645 to €517,374
of which Other amounts receivable: +€90,159
- Tangible fixed assets -€33,735
down €33,735 (-40.6%), from €83,166 to €49,431
of which Furniture and vehicles: -€29,967
- Accrued charges and deferred income +€95,000
new in 2025: €95,000
- Trade debts -€47,107
down €47,107 (-42.0%), from €112,151 to €65,044
- Short-term financial debts +€46,908
up €46,908 (+7808.7%), from €601 to €47,509
- Reserves -€32,165
down €32,165 (-8.6%), from €375,332 to €343,167
of which Distributable reserves: -€32,165
- Tax, wage and social debts +€17,459
up €17,459 (+80.2%), from €21,764 to €39,224
- Gross operating margin -€19,085
down €19,085 (-16.6%), from €115,109 to €96,023
- Financial income +€5,397
up €5,397 (+28.2%), from €19,117 to €24,514
- Depreciation +€2,924
up €2,924 (+7.6%), from €38,487 to €41,410
- Taxes +€2,628
up €2,628 (+13.6%), from €19,278 to €21,906
- Financial charges +€1,877
up €1,877 (+34.8%), from €5,397 to €7,274
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 | €556,817 | €619,369 | +€62,553 | +11.2% |
| Fixed assets | 21/28 | €86,172 | €52,437 | -€33,735 | -39.1% |
| Tangible fixed assets | 22/27 | €83,166 | €49,431 | -€33,735 | -40.6% |
| Plant, machinery and equipment | 23 | €11,888 | €8,121 | -€3,767 | -31.7% |
| Furniture and vehicles | 24 | €71,278 | €41,311 | -€29,967 | -42.0% |
| Financial fixed assets | 28 | €3,006 | €3,006 | = | 0.0% |
| Current assets | 29/58 | €470,645 | €566,932 | +€96,287 | +20.5% |
| Amounts receivable within one year | 40/41 | €418,645 | €517,374 | +€98,730 | +23.6% |
| Trade receivables | 40 | €8,000 | €16,570 | +€8,570 | +107.1% |
| Other amounts receivable | 41 | €410,645 | €500,804 | +€90,159 | +22.0% |
| Current investments | 50/53 | €5,100 | €3 | -€5,097 | -99.9% |
| Cash at bank and in hand | 54/58 | €18,361 | €21,999 | +€3,638 | +19.8% |
| Deferred charges and accrued income | 490/1 | €28,538 | €27,555 | -€983 | -3.4% |
| Total equity and liabilities | 10/49 | €556,817 | €619,369 | +€62,553 | +11.2% |
| Equity | 10/15 | €400,332 | €368,167 | -€32,165 | -8.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €375,332 | €343,167 | -€32,165 | -8.6% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €356,582 | €324,417 | -€32,165 | -9.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €156,485 | €251,202 | +€94,717 | +60.5% |
| Amounts payable after more than one year | 17 | €4,426 | €0 | -€4,426 | -100.0% |
| Financial debts | 170/4 | €4,426 | €0 | -€4,426 | -100.0% |
| Amounts payable within one year | 42/48 | €152,059 | €156,202 | +€4,143 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €17,543 | €4,426 | -€13,117 | -74.8% |
| Financial debts | 43 | €601 | €47,509 | +€46,908 | +7808.7% |
| Credit institutions | 430/8 | €601 | €47,509 | +€46,908 | +7808.7% |
| Trade debts | 44 | €112,151 | €65,044 | -€47,107 | -42.0% |
| Suppliers | 440/4 | €112,151 | €65,044 | -€47,107 | -42.0% |
| Taxes, remuneration and social security | 45 | €21,764 | €39,224 | +€17,459 | +80.2% |
| Taxes | 450/3 | €21,764 | €39,224 | +€17,459 | +80.2% |
| Accrued charges and deferred income | 492/3 | - | €95,000 | +€95,000 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,487 | €41,410 | +€2,924 | +7.6% |
| Other operating charges | 640/8 | €3,557 | €3,912 | +€355 | +10.0% |
| Gross operating margin | 9900 | €115,109 | €96,023 | -€19,085 | -16.6% |
| Operating profit (loss) | 9901 | €73,065 | €50,701 | -€22,364 | -30.6% |
| Financial income | 75/76B | €19,117 | €24,514 | +€5,397 | +28.2% |
| Recurring financial income | 75 | €19,117 | €24,514 | +€5,397 | +28.2% |
| Financial charges | 65/66B | €5,397 | €7,274 | +€1,877 | +34.8% |
| Recurring financial charges | 65 | €5,397 | €7,274 | +€1,877 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €86,785 | €67,941 | -€18,844 | -21.7% |
| Income taxes | 67/77 | €19,278 | €21,906 | +€2,628 | +13.6% |
| Profit (loss) for the period | 9904 | €67,507 | €46,035 | -€21,472 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,507 | €46,035 | -€21,472 | -31.8% |
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.