BARTR: 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.
BARTR
Largest movements
- Tangible fixed assets -€40,368
down €40,368 (-26.1%), from €154,403 to €114,035
of which Furniture and vehicles: -€40,183
- Cash -€12,522
down €12,522 (-32.9%), from €38,046 to €25,524
mainly Contributions, distributions and other (-€51,612) and Debts after one year (-€32,752)
- Reserves -€38,877
down €38,877 (-75.3%), from €51,612 to €12,735
- Debts after one year -€32,752
down €32,752 (-33.1%), from €98,860 to €66,108
- Other debts +€22,447
up €22,447 (+2,351%), from €955 to €23,401
- Tax, wage and social debts -€9,651
down €9,651 (-41.7%), from €23,146 to €13,496
of which Taxes: -€9,651
- Trade debts +€3,911
up €3,911 (+2,129%), from €184 to €4,094
- Gross operating margin +€28,597
up €28,597 (+84.4%), from €33,885 to €62,483
- Depreciation +€19,894
up €19,894 (+97.2%), from €20,474 to €40,368
- Financial charges +€2,887
up €2,887 (+352%), from €820 to €3,707
- Taxes +€1,226
up €1,226 (+33.2%), from €3,697 to €4,922
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 | €209,675 | €155,586 | -€54,089 | -25.8% |
| Fixed assets | 21/28 | €154,403 | €114,035 | -€40,368 | -26.1% |
| Tangible fixed assets | 22/27 | €154,403 | €114,035 | -€40,368 | -26.1% |
| Furniture and vehicles | 24 | €153,120 | €112,937 | -€40,183 | -26.2% |
| Other tangible fixed assets | 26 | €1,283 | €1,098 | -€185 | -14.4% |
| Current assets | 29/58 | €55,272 | €41,551 | -€13,721 | -24.8% |
| Amounts receivable within one year | 40/41 | €17,226 | €16,027 | -€1,199 | -7.0% |
| Trade receivables | 40 | €17,226 | €15,949 | -€1,277 | -7.4% |
| Other amounts receivable | 41 | - | €78 | +€78 | |
| Cash at bank and in hand | 54/58 | €38,046 | €25,524 | -€12,522 | -32.9% |
| Total equity and liabilities | 10/49 | €209,675 | €155,586 | -€54,089 | -25.8% |
| Equity | 10/15 | €54,612 | €15,735 | -€38,877 | -71.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,612 | €12,735 | -€38,877 | -75.3% |
| Distributable reserves | 133 | €51,612 | €12,735 | -€38,877 | -75.3% |
| Amounts payable | 17/49 | €155,063 | €139,851 | -€15,212 | -9.8% |
| Amounts payable after more than one year | 17 | €98,860 | €66,108 | -€32,752 | -33.1% |
| Financial debts | 170/4 | €98,860 | €66,108 | -€32,752 | -33.1% |
| Amounts payable within one year | 42/48 | €56,203 | €73,743 | +€17,540 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €31,918 | €32,752 | +€834 | +2.6% |
| Trade debts | 44 | €184 | €4,094 | +€3,911 | +2,129% |
| Suppliers | 440/4 | €184 | €4,094 | +€3,911 | +2,129% |
| Taxes, remuneration and social security | 45 | €23,146 | €13,496 | -€9,651 | -41.7% |
| Taxes | 450/3 | €20,646 | €10,996 | -€9,651 | -46.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €955 | €23,401 | +€22,447 | +2,351% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,474 | €40,368 | +€19,894 | +97.2% |
| Other operating charges | 640/8 | €549 | €462 | -€88 | -15.9% |
| Non-recurring operating charges | 66A | €181 | €542 | +€361 | +199% |
| Gross operating margin | 9900 | €33,885 | €62,483 | +€28,597 | +84.4% |
| Operating profit (loss) | 9901 | €12,681 | €21,112 | +€8,431 | +66.5% |
| Financial income | 75/76B | - | €252 | +€252 | |
| Recurring financial income | 75 | - | €252 | +€252 | |
| Non-recurring financial income | 76B | - | €252 | +€252 | |
| Financial charges | 65/66B | €820 | €3,707 | +€2,887 | +352% |
| Recurring financial charges | 65 | €820 | €3,707 | +€2,887 | +352% |
| Profit (loss) for the period before taxes | 9903 | €11,861 | €17,657 | +€5,796 | +48.9% |
| Income taxes | 67/77 | €3,697 | €4,922 | +€1,226 | +33.2% |
| Profit (loss) for the period | 9904 | €8,165 | €12,735 | +€4,570 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,165 | €12,735 | +€4,570 | +56.0% |
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 26 October 2026 via checked.be.