BARTH S.A.: what changed
Two financial 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.
BARTH S.A.
Largest movements
- Cash +€28,261
up €28,261 (+41.9%), from €67,484 to €95,745
mainly Other debts (+€914,532) and Depreciation (+€42,844)
- Tangible fixed assets -€21,359
down €21,359 (-9.9%), from €216,533 to €195,175
- Other debts +€914,532
up €914,532 (+152,422%), from €600 to €915,132
- Debts after one year -€887,895
no longer reported in 2025 (was €887,895)
- Profit (loss) carried forward -€42,066
down €42,066 (-4.6%), from -€922,384 to -€964,449
- Trade debts +€14,022
up €14,022 (+671%), from €2,091 to €16,113
of which Suppliers: +€15,474
- Tax, wage and social debts +€5,559
new in 2025: €5,559
- Turnover -€99,167
down €99,167 (-87.9%), from €112,848 to €13,681
- Purchases and services +€57,181
new in 2025: €57,181
- Gross operating margin +€17,321
up €17,321 (+46.7%), from €37,060 to €54,381
- Other operating charges +€13,746
up €13,746 (+109%), from €12,598 to €26,344
- Depreciation +€13,328
up €13,328 (+45.2%), from €29,516 to €42,844
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.
Derived cash bridge
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 | €290,464 | €294,617 | +€4,153 | +1.4% |
| Fixed assets | 21/28 | €216,533 | €195,175 | -€21,359 | -9.9% |
| Tangible fixed assets | 22/27 | €216,533 | €195,175 | -€21,359 | -9.9% |
| Land and buildings | 22 | €216,533 | €195,175 | -€21,359 | -9.9% |
| Current assets | 29/58 | €73,931 | €99,442 | +€25,511 | +34.5% |
| Amounts receivable within one year | 40/41 | €6,446 | €3,697 | -€2,749 | -42.6% |
| Trade receivables | 40 | €2,548 | €0 | -€2,548 | -100.0% |
| Other amounts receivable | 41 | €3,898 | €3,697 | -€201 | -5.2% |
| Cash at bank and in hand | 54/58 | €67,484 | €95,745 | +€28,261 | +41.9% |
| Total equity and liabilities | 10/49 | €290,464 | €294,617 | +€4,153 | +1.4% |
| Equity | 10/15 | -€600,122 | -€642,188 | -€42,066 | -7.0% |
| Contributions | 10/11 | €322,262 | €322,262 | = | 0.0% |
| Capital | 10 | €322,262 | €322,262 | = | 0.0% |
| Issued capital | 100 | €322,262 | €322,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€922,384 | -€964,449 | -€42,066 | -4.6% |
| Amounts payable | 17/49 | €890,586 | €936,805 | +€46,218 | +5.2% |
| Amounts payable after more than one year | 17 | €887,895 | - | -€887,895 | |
| Financial debts | 170/4 | €887,895 | - | -€887,895 | |
| Amounts payable within one year | 42/48 | €2,691 | €936,805 | +€934,114 | +34,709% |
| Trade debts | 44 | €2,091 | €16,113 | +€14,022 | +671% |
| Suppliers | 440/4 | €639 | €16,113 | +€15,474 | +2,420% |
| Bills of exchange payable | 441 | €1,452 | - | -€1,452 | |
| Taxes, remuneration and social security | 45 | - | €5,559 | +€5,559 | |
| Taxes | 450/3 | - | €5,559 | +€5,559 | |
| Other amounts payable | 47/48 | €600 | €915,132 | +€914,532 | +152,422% |
| Turnover | 70 | €112,848 | €13,681 | -€99,167 | -87.9% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €57,181 | +€57,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,516 | €42,844 | +€13,328 | +45.2% |
| Other operating charges | 640/8 | €12,598 | €26,344 | +€13,746 | +109% |
| Gross operating margin | 9900 | €37,060 | €54,381 | +€17,321 | +46.7% |
| Operating profit (loss) | 9901 | -€5,054 | -€14,807 | -€9,753 | -193% |
| Financial income | 75/76B | €218 | €176 | -€42 | -19.2% |
| Recurring financial income | 75 | €218 | €176 | -€42 | -19.2% |
| Financial charges | 65/66B | €22,342 | €27,435 | +€5,092 | +22.8% |
| Recurring financial charges | 65 | €22,342 | €27,435 | +€5,092 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,178 | -€42,066 | -€14,887 | -54.8% |
| Profit (loss) for the period | 9904 | -€27,178 | -€42,066 | -€14,887 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,178 | -€42,066 | -€14,887 | -54.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.