Barzo: 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.
Barzo
Largest movements
- Cash -€2,452
down €2,452 (-87.5%), from €2,803 to €352
mainly Net result for the year (-€12,860) and Trade debts (-€668)
- Tangible fixed assets -€635
down €635 (-31.0%), from €2,050 to €1,415
- Receivables within one year -€170
down €170 (-7.0%), from €2,421 to €2,252
of which Trade receivables: -€108
- Profit (loss) carried forward -€12,860
down €12,860 (-155.0%), from -€8,295 to -€21,154
- Other debts +€10,272
up €10,272 (+106.4%), from €9,655 to €19,926
- Trade debts -€668
down €668 (-78.1%), from €855 to €188
- Gross operating margin -€3,484
down €3,484 (-61.4%), from -€5,676 to -€9,159
- Other operating charges +€1,623
up €1,623 (+126.8%), from €1,280 to €2,902
- Depreciation -€630
down €630 (-49.8%), from €1,264 to €635
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 | €7,275 | €4,019 | -€3,256 | -44.8% |
| Fixed assets | 21/28 | €2,050 | €1,415 | -€635 | -31.0% |
| Tangible fixed assets | 22/27 | €2,050 | €1,415 | -€635 | -31.0% |
| Plant, machinery and equipment | 23 | €2,050 | €1,415 | -€635 | -31.0% |
| Current assets | 29/58 | €5,225 | €2,603 | -€2,621 | -50.2% |
| Amounts receivable within one year | 40/41 | €2,421 | €2,252 | -€170 | -7.0% |
| Trade receivables | 40 | €108 | - | -€108 | |
| Other amounts receivable | 41 | €2,314 | €2,252 | -€62 | -2.7% |
| Cash at bank and in hand | 54/58 | €2,803 | €352 | -€2,452 | -87.5% |
| Total equity and liabilities | 10/49 | €7,275 | €4,019 | -€3,256 | -44.8% |
| Equity | 10/15 | -€3,295 | -€16,154 | -€12,860 | -390.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,295 | -€21,154 | -€12,860 | -155.0% |
| Amounts payable | 17/49 | €10,569 | €20,173 | +€9,604 | +90.9% |
| Amounts payable within one year | 42/48 | €10,569 | €20,173 | +€9,604 | +90.9% |
| Trade debts | 44 | €855 | €188 | -€668 | -78.1% |
| Suppliers | 440/4 | €855 | €188 | -€668 | -78.1% |
| Taxes, remuneration and social security | 45 | €59 | €59 | = | 0.0% |
| Taxes | 450/3 | €59 | €59 | = | 0.0% |
| Other amounts payable | 47/48 | €9,655 | €19,926 | +€10,272 | +106.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €635 | -€630 | -49.8% |
| Other operating charges | 640/8 | €1,280 | €2,902 | +€1,623 | +126.8% |
| Gross operating margin | 9900 | -€5,676 | -€9,159 | -€3,484 | -61.4% |
| Operating profit (loss) | 9901 | -€8,220 | -€12,697 | -€4,477 | -54.5% |
| Financial charges | 65/66B | €75 | €163 | +€88 | +118.3% |
| Recurring financial charges | 65 | €75 | €163 | +€88 | +118.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,295 | -€12,860 | -€4,565 | -55.0% |
| Profit (loss) for the period | 9904 | -€8,295 | -€12,860 | -€4,565 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,295 | -€12,860 | -€4,565 | -55.0% |
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 4 October 2026 via checked.be.