Bartt: 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.
Bartt
Largest movements
- Tangible fixed assets -€10,830
down €10,830 (-46.0%), from €23,553 to €12,723
of which Furniture and vehicles: -€11,056
- Cash -€9,488
down €9,488 (-96.1%), from €9,870 to €382
mainly Contributions, distributions and other (-€92,362) and Debts after one year (-€9,634)
- Debts after one year -€9,634
down €9,634 (-79.9%), from €12,058 to €2,423
- Other debts -€9,512
down €9,512 (-9.7%), from €98,219 to €88,706
- Gross operating margin -€5,991
down €5,991 (-4.4%), from €136,576 to €130,585
- Financial income -€2,357
down €2,357 (-67.2%), from €3,507 to €1,150
- Taxes -€2,045
down €2,045 (-7.3%), from €28,164 to €26,120
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 | €136,306 | €115,977 | -€20,329 | -14.9% |
| Fixed assets | 21/28 | €23,553 | €12,723 | -€10,830 | -46.0% |
| Tangible fixed assets | 22/27 | €23,553 | €12,723 | -€10,830 | -46.0% |
| Plant, machinery and equipment | 23 | €831 | €405 | -€426 | -51.3% |
| Furniture and vehicles | 24 | €18,492 | €7,436 | -€11,056 | -59.8% |
| Other tangible fixed assets | 26 | €4,231 | €4,882 | +€651 | +15.4% |
| Current assets | 29/58 | €112,753 | €103,254 | -€9,499 | -8.4% |
| Amounts receivable within one year | 40/41 | €21,351 | €21,111 | -€240 | -1.1% |
| Trade receivables | 40 | €19,745 | €20,328 | +€582 | +2.9% |
| Other amounts receivable | 41 | €1,606 | €784 | -€822 | -51.2% |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,870 | €382 | -€9,488 | -96.1% |
| Deferred charges and accrued income | 490/1 | €1,531 | €1,760 | +€229 | +15.0% |
| Total equity and liabilities | 10/49 | €136,306 | €115,977 | -€20,329 | -14.9% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €133,306 | €112,977 | -€20,329 | -15.3% |
| Amounts payable after more than one year | 17 | €12,058 | €2,423 | -€9,634 | -79.9% |
| Financial debts | 170/4 | €12,058 | €2,423 | -€9,634 | -79.9% |
| Amounts payable within one year | 42/48 | €121,163 | €110,456 | -€10,706 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €9,542 | €9,634 | +€92 | +1.0% |
| Trade debts | 44 | €2,020 | €1,401 | -€619 | -30.7% |
| Suppliers | 440/4 | €2,020 | €1,401 | -€619 | -30.7% |
| Taxes, remuneration and social security | 45 | €11,382 | €10,715 | -€667 | -5.9% |
| Taxes | 450/3 | €11,382 | €10,715 | -€667 | -5.9% |
| Other amounts payable | 47/48 | €98,219 | €88,706 | -€9,512 | -9.7% |
| Accrued charges and deferred income | 492/3 | €86 | €97 | +€11 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,381 | €12,255 | -€125 | -1.0% |
| Other operating charges | 640/8 | €998 | €787 | -€212 | -21.2% |
| Gross operating margin | 9900 | €136,576 | €130,585 | -€5,991 | -4.4% |
| Operating profit (loss) | 9901 | €123,197 | €117,543 | -€5,654 | -4.6% |
| Financial income | 75/76B | €3,507 | €1,150 | -€2,357 | -67.2% |
| Recurring financial income | 75 | €3,507 | €1,150 | -€2,357 | -67.2% |
| Financial charges | 65/66B | €321 | €212 | -€109 | -34.0% |
| Recurring financial charges | 65 | €321 | €212 | -€109 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €126,383 | €118,481 | -€7,902 | -6.3% |
| Income taxes | 67/77 | €28,164 | €26,120 | -€2,045 | -7.3% |
| Profit (loss) for the period | 9904 | €98,219 | €92,362 | -€5,857 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,219 | €92,362 | -€5,857 | -6.0% |
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 5 October 2026 via checked.be.