BARTHELEMYROUARD: 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.
BARTHELEMYROUARD
Largest movements
- Current investments -€80,000
down €80,000 (-21.1%), from €380,000 to €300,000
- Receivables within one year +€29,639
new in 2025: €29,639
- Cash +€24,881
up €24,881 (+16.2%), from €153,211 to €178,093
mainly Net result for the year (+€282,099) and Current investments (+€80,000)
- Other debts -€286,141
no longer reported in 2025 (was €286,141)
- Reserves +€250,000
up €250,000 (+22.9%), from €1.1m to €1.3m
- Financial income +€145,116
up €145,116 (+110%), from €131,648 to €276,764
- Taxes +€15,650
up €15,650 (+58.0%), from €27,003 to €42,652
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 | €1,543,211 | €1,517,732 | -€25,479 | -1.7% |
| Fixed assets | 21/28 | €960,000 | €960,000 | = | 0.0% |
| Financial fixed assets | 28 | €960,000 | €960,000 | = | 0.0% |
| Current assets | 29/58 | €583,211 | €557,732 | -€25,479 | -4.4% |
| Amounts receivable within one year | 40/41 | - | €29,639 | +€29,639 | |
| Other amounts receivable | 41 | - | €29,639 | +€29,639 | |
| Current investments | 50/53 | €380,000 | €300,000 | -€80,000 | -21.1% |
| Cash at bank and in hand | 54/58 | €153,211 | €178,093 | +€24,881 | +16.2% |
| Deferred charges and accrued income | 490/1 | €50,000 | €50,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,543,211 | €1,517,732 | -€25,479 | -1.7% |
| Equity | 10/15 | €1,225,226 | €1,477,325 | +€252,099 | +20.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €1,090,339 | €1,340,339 | +€250,000 | +22.9% |
| Distributable reserves | 133 | €1,090,339 | €1,340,339 | +€250,000 | +22.9% |
| Profit (loss) carried forward | 14 | €112,887 | €114,986 | +€2,099 | +1.9% |
| Amounts payable | 17/49 | €317,986 | €40,407 | -€277,578 | -87.3% |
| Amounts payable within one year | 42/48 | €317,986 | €40,407 | -€277,578 | -87.3% |
| Trade debts | 44 | €55 | - | -€55 | |
| Suppliers | 440/4 | €55 | - | -€55 | |
| Taxes, remuneration and social security | 45 | €31,790 | €40,407 | +€8,617 | +27.1% |
| Taxes | 450/3 | €31,790 | €40,407 | +€8,617 | +27.1% |
| Other amounts payable | 47/48 | €286,141 | - | -€286,141 | |
| Non-recurring operating income | 76A | - | €55 | +€55 | |
| Gross operating margin | 9900 | €48,089 | €48,066 | -€23 | 0.0% |
| Operating profit (loss) | 9901 | €48,089 | €48,066 | -€23 | 0.0% |
| Financial income | 75/76B | €131,648 | €276,764 | +€145,116 | +110% |
| Recurring financial income | 75 | €131,648 | €276,764 | +€145,116 | +110% |
| Financial charges | 65/66B | €78 | €78 | = | 0.0% |
| Recurring financial charges | 65 | €78 | €78 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €179,659 | €324,752 | +€145,093 | +80.8% |
| Income taxes | 67/77 | €27,003 | €42,652 | +€15,650 | +58.0% |
| Profit (loss) for the period | 9904 | €152,656 | €282,099 | +€129,443 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €152,656 | €282,099 | +€129,443 | +84.8% |
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 13 October 2026 via checked.be.