BARTOLAS EVENTS: 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.
BARTOLAS EVENTS
Largest movements
- Receivables within one year +€175,383
up €175,383 (+128%), from €136,576 to €311,958
of which Trade receivables: +€192,433
- Intangible fixed assets +€33,595
up €33,595 (+1,961%), from €1,713 to €35,308
- Cash -€29,800
down €29,800 (-83.8%), from €35,573 to €5,773
mainly Receivables within one year (-€175,383) and Investment in fixed assets (net) (-€38,205)
- Tangible fixed assets -€11,714
down €11,714 (-23.3%), from €50,293 to €38,579
of which Plant, machinery and equipment: -€6,627
- Other debts +€135,625
up €135,625 (+20.1%), from €674,910 to €810,535
- Trade debts +€25,253
up €25,253 (+23.4%), from €107,830 to €133,083
- Tax, wage and social debts +€5,400
up €5,400 (+113%), from €4,787 to €10,186
- Gross operating margin +€146,622
up €146,622, from -€120,252 to €26,370
- Other operating charges +€5,775
up €5,775 (+545%), from €1,059 to €6,833
- Depreciation +€1,260
up €1,260 (+8.4%), from €15,064 to €16,324
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 | €314,154 | €481,906 | +€167,752 | +53.4% |
| Fixed assets | 21/28 | €142,006 | €163,887 | +€21,881 | +15.4% |
| Intangible fixed assets | 21 | €1,713 | €35,308 | +€33,595 | +1,961% |
| Tangible fixed assets | 22/27 | €50,293 | €38,579 | -€11,714 | -23.3% |
| Plant, machinery and equipment | 23 | €27,219 | €20,592 | -€6,627 | -24.3% |
| Furniture and vehicles | 24 | €23,074 | €17,987 | -€5,087 | -22.0% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €172,148 | €318,019 | +€145,871 | +84.7% |
| Amounts receivable within one year | 40/41 | €136,576 | €311,958 | +€175,383 | +128% |
| Trade receivables | 40 | €119,525 | €311,958 | +€192,433 | +161% |
| Other amounts receivable | 41 | €17,051 | - | -€17,051 | |
| Cash at bank and in hand | 54/58 | €35,573 | €5,773 | -€29,800 | -83.8% |
| Deferred charges and accrued income | 490/1 | - | €288 | +€288 | |
| Total equity and liabilities | 10/49 | €314,154 | €481,906 | +€167,752 | +53.4% |
| Equity | 10/15 | -€473,372 | -€471,898 | +€1,474 | +0.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,000 | - | -€15,000 | |
| Other | 1109/19 | €15,000 | - | -€15,000 | |
| Profit (loss) carried forward | 14 | -€488,372 | -€486,898 | +€1,474 | +0.3% |
| Amounts payable | 17/49 | €787,526 | €953,804 | +€166,278 | +21.1% |
| Amounts payable within one year | 42/48 | €787,526 | €953,804 | +€166,278 | +21.1% |
| Trade debts | 44 | €107,830 | €133,083 | +€25,253 | +23.4% |
| Suppliers | 440/4 | €107,830 | €133,083 | +€25,253 | +23.4% |
| Taxes, remuneration and social security | 45 | €4,787 | €10,186 | +€5,400 | +113% |
| Taxes | 450/3 | €4,787 | €10,186 | +€5,400 | +113% |
| Other amounts payable | 47/48 | €674,910 | €810,535 | +€135,625 | +20.1% |
| Non-recurring operating income | 76A | €20,982 | - | -€20,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,064 | €16,324 | +€1,260 | +8.4% |
| Other operating charges | 640/8 | €1,059 | €6,833 | +€5,775 | +545% |
| Non-recurring operating charges | 66A | €42,820 | €1,410 | -€41,410 | -96.7% |
| Gross operating margin | 9900 | -€120,252 | €26,370 | +€146,622 | |
| Operating profit (loss) | 9901 | -€179,195 | €1,802 | +€180,997 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +11,233% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +11,233% |
| Financial charges | 65/66B | €471 | €331 | -€140 | -29.7% |
| Recurring financial charges | 65 | €471 | €331 | -€140 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€179,666 | €1,474 | +€181,140 | |
| Profit (loss) for the period | 9904 | -€179,666 | €1,474 | +€181,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€179,666 | €1,474 | +€181,140 |
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.