BARVIAU: 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.
BARVIAU
Largest movements
- Receivables within one year -€21,133
down €21,133 (-86.2%), from €24,520 to €3,387
of which Trade receivables: -€21,016
- Tangible fixed assets -€10,493
down €10,493 (-17.8%), from €59,031 to €48,538
of which Plant, machinery and equipment: -€10,720
- Cash +€10,259
up €10,259 (+816.0%), from €1,257 to €11,516
mainly Net result for the year (+€29,955) and Receivables within one year (+€21,133)
- Trade debts -€24,300
down €24,300 (-82.6%), from €29,401 to €5,102
- Profit (loss) carried forward +€15,227
no longer reported in 2025 (was -€15,227)
- Reserves +€14,728
new in 2025: €14,728
- Debts after one year -€13,125
down €13,125 (-41.0%), from €31,993 to €18,867
- Other debts -€7,498
no longer reported in 2025 (was €7,498)
- Gross operating margin +€34,498
up €34,498 (+78.9%), from €43,722 to €78,220
- Staff costs -€6,366
down €6,366 (-19.3%), from €32,926 to €26,560
- Taxes +€6,230
new in 2025: €6,230
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 | €86,854 | €65,136 | -€21,718 | -25.0% |
| Fixed assets | 21/28 | €59,031 | €48,538 | -€10,493 | -17.8% |
| Tangible fixed assets | 22/27 | €59,031 | €48,538 | -€10,493 | -17.8% |
| Plant, machinery and equipment | 23 | €58,739 | €48,019 | -€10,720 | -18.2% |
| Furniture and vehicles | 24 | €291 | €519 | +€227 | +77.9% |
| Current assets | 29/58 | €27,823 | €16,598 | -€11,225 | -40.3% |
| Stocks and contracts in progress | 3 | €1,939 | €1,588 | -€351 | -18.1% |
| Stocks | 30/36 | €1,939 | €1,588 | -€351 | -18.1% |
| Amounts receivable within one year | 40/41 | €24,520 | €3,387 | -€21,133 | -86.2% |
| Trade receivables | 40 | €24,403 | €3,387 | -€21,016 | -86.1% |
| Other amounts receivable | 41 | €117 | - | -€117 | |
| Cash at bank and in hand | 54/58 | €1,257 | €11,516 | +€10,259 | +816.0% |
| Deferred charges and accrued income | 490/1 | €108 | €108 | +€0 | +0.2% |
| Total equity and liabilities | 10/49 | €86,854 | €65,136 | -€21,718 | -25.0% |
| Equity | 10/15 | -€10,227 | €19,728 | +€29,955 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €14,728 | +€14,728 | |
| Distributable reserves | 133 | - | €14,728 | +€14,728 | |
| Profit (loss) carried forward | 14 | -€15,227 | - | +€15,227 | |
| Amounts payable | 17/49 | €97,081 | €45,408 | -€51,673 | -53.2% |
| Amounts payable after more than one year | 17 | €31,993 | €18,867 | -€13,125 | -41.0% |
| Financial debts | 170/4 | €31,993 | €18,867 | -€13,125 | -41.0% |
| Amounts payable within one year | 42/48 | €64,288 | €26,541 | -€37,748 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €12,408 | €13,125 | +€717 | +5.8% |
| Trade debts | 44 | €29,401 | €5,102 | -€24,300 | -82.6% |
| Suppliers | 440/4 | €29,401 | €5,102 | -€24,300 | -82.6% |
| Advances received on contracts in progress | 46 | €644 | - | -€644 | |
| Taxes, remuneration and social security | 45 | €14,336 | €8,313 | -€6,023 | -42.0% |
| Taxes | 450/3 | €1,841 | €1,821 | -€20 | -1.1% |
| Remuneration and social security | 454/9 | €12,495 | €6,492 | -€6,003 | -48.0% |
| Other amounts payable | 47/48 | €7,498 | - | -€7,498 | |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Non-recurring operating income | 76A | - | €644 | +€644 | |
| Remuneration, social security and pensions | 62 | €32,926 | €26,560 | -€6,366 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,207 | €11,205 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,543 | €978 | -€565 | -36.6% |
| Non-recurring operating charges | 66A | €3,265 | €49 | -€3,216 | -98.5% |
| Gross operating margin | 9900 | €43,722 | €78,220 | +€34,498 | +78.9% |
| Operating profit (loss) | 9901 | -€5,219 | €39,428 | +€44,647 | |
| Financial income | 75/76B | €218 | €6 | -€211 | -97.0% |
| Recurring financial income | 75 | €218 | €6 | -€211 | -97.0% |
| Financial charges | 65/66B | €3,247 | €3,249 | +€2 | +0.1% |
| Recurring financial charges | 65 | €3,247 | €3,249 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,248 | €36,186 | +€44,434 | |
| Income taxes | 67/77 | - | €6,230 | +€6,230 | |
| Profit (loss) for the period | 9904 | -€8,248 | €29,955 | +€38,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,248 | €29,955 | +€38,203 |
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.