BMV Barroo: 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.
BMV Barroo
Largest movements
- Current investments +€600,000
new in 2025: €600,000
- Tangible fixed assets +€260,625
up €260,625 (+5.5%), from €4.7m to €5.0m
of which Land and buildings: +€268,301
- Receivables within one year +€70,897
up €70,897 (+181%), from €39,068 to €109,966
of which Trade receivables: +€70,472
- Contributions +€1.0m
up €1.0m (+26.3%), from €3.8m to €4.8m
- Staff costs +€19,714
up €19,714 (+239%), from €8,234 to €27,948
- Gross operating margin +€6,613
up €6,613 (+24.8%), from €26,624 to €33,237
- Depreciation -€3,173
down €3,173 (-27.6%), from €11,509 to €8,336
- Financial income -€476
down €476 (-3.3%), from €14,605 to €14,129
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 | €4,806,068 | €5,788,550 | +€982,483 | +20.4% |
| Fixed assets | 21/28 | €4,714,415 | €4,975,039 | +€260,625 | +5.5% |
| Tangible fixed assets | 22/27 | €4,714,415 | €4,975,039 | +€260,625 | +5.5% |
| Land and buildings | 22 | €4,690,962 | €4,959,263 | +€268,301 | +5.7% |
| Plant, machinery and equipment | 23 | €18,459 | €11,881 | -€6,577 | -35.6% |
| Furniture and vehicles | 24 | €4,994 | €3,895 | -€1,099 | -22.0% |
| Current assets | 29/58 | €91,653 | €813,511 | +€721,858 | +788% |
| Amounts receivable within one year | 40/41 | €39,068 | €109,966 | +€70,897 | +181% |
| Trade receivables | 40 | €33,366 | €103,838 | +€70,472 | +211% |
| Other amounts receivable | 41 | €5,702 | €6,128 | +€426 | +7.5% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €48,451 | €102,883 | +€54,432 | +112% |
| Deferred charges and accrued income | 490/1 | €4,134 | €662 | -€3,472 | -84.0% |
| Total equity and liabilities | 10/49 | €4,806,068 | €5,788,550 | +€982,483 | +20.4% |
| Equity | 10/15 | €4,735,443 | €5,745,114 | +€1.0m | +21.3% |
| Contributions | 10/11 | €3,800,000 | €4,800,000 | +€1.0m | +26.3% |
| Reserves | 13 | €935,443 | €945,114 | +€9,672 | +1.0% |
| Tax-exempt reserves | 132 | €53,747 | €53,747 | = | 0.0% |
| Distributable reserves | 133 | €881,696 | €891,367 | +€9,672 | +1.1% |
| Amounts payable | 17/49 | €70,625 | €43,436 | -€27,189 | -38.5% |
| Amounts payable within one year | 42/48 | €70,625 | €43,436 | -€27,189 | -38.5% |
| Trade debts | 44 | €65,572 | €40,702 | -€24,870 | -37.9% |
| Suppliers | 440/4 | €65,572 | €40,702 | -€24,870 | -37.9% |
| Other amounts payable | 47/48 | €5,053 | €2,734 | -€2,319 | -45.9% |
| Remuneration, social security and pensions | 62 | €8,234 | €27,948 | +€19,714 | +239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,509 | €8,336 | -€3,173 | -27.6% |
| Other operating charges | 640/8 | €1,192 | €1,212 | +€19 | +1.6% |
| Gross operating margin | 9900 | €26,624 | €33,237 | +€6,613 | +24.8% |
| Operating profit (loss) | 9901 | €5,689 | -€4,258 | -€9,947 | |
| Financial income | 75/76B | €14,605 | €14,129 | -€476 | -3.3% |
| Recurring financial income | 75 | €14,605 | €14,129 | -€476 | -3.3% |
| Financial charges | 65/66B | €222 | €199 | -€23 | -10.5% |
| Recurring financial charges | 65 | €222 | €199 | -€23 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €20,072 | €9,672 | -€10,400 | -51.8% |
| Profit (loss) for the period | 9904 | €20,072 | €9,672 | -€10,400 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,072 | €9,672 | -€10,400 | -51.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.