Code Barre: 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.
Code Barre
Largest movements
- Stocks and contracts -€25,820
no longer reported in 2025 (was €25,820)
- Financial fixed assets -€7,431
no longer reported in 2025 (was €7,431)
- Cash -€4,503
down €4,503 (-99.4%), from €4,529 to €26
mainly Trade debts (-€26,253) and Tax, wage and social debts (-€8,554)
- Deferred charges and accrued income -€1,053
down €1,053 (-94.0%), from €1,121 to €68
- Trade debts -€26,253
no longer reported in 2025 (was €26,253)
- Tax, wage and social debts -€8,554
no longer reported in 2025 (was €8,554)
of which Remuneration and social security: -€6,307
- Debts after one year -€7,431
no longer reported in 2025 (was €7,431)
- Profit (loss) carried forward +€2,713
up €2,713 (+93.9%), from -€2,890 to -€177
- Gross operating margin -€68,679
down €68,679 (-72.1%), from €95,280 to €26,601
- Staff costs -€28,432
down €28,432 (-67.4%), from €42,165 to €13,733
- Write-downs -€7,000
down €7,000 (-41.2%), from €17,000 to €10,000
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 | €41,349 | €1,823 | -€39,526 | -95.6% |
| Formation expenses | 20 | €875 | €569 | -€305 | -34.9% |
| Fixed assets | 21/28 | €7,431 | - | -€7,431 | |
| Financial fixed assets | 28 | €7,431 | - | -€7,431 | |
| Current assets | 29/58 | €33,043 | €1,254 | -€31,789 | -96.2% |
| Stocks and contracts in progress | 3 | €25,820 | - | -€25,820 | |
| Stocks | 30/36 | €25,820 | - | -€25,820 | |
| Amounts receivable within one year | 40/41 | €1,572 | €1,160 | -€412 | -26.2% |
| Trade receivables | 40 | €292 | - | -€292 | |
| Other amounts receivable | 41 | €1,280 | €1,160 | -€120 | -9.4% |
| Cash at bank and in hand | 54/58 | €4,529 | €26 | -€4,503 | -99.4% |
| Deferred charges and accrued income | 490/1 | €1,121 | €68 | -€1,053 | -94.0% |
| Total equity and liabilities | 10/49 | €41,349 | €1,823 | -€39,526 | -95.6% |
| Equity | 10/15 | -€890 | €1,823 | +€2,713 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,890 | -€177 | +€2,713 | +93.9% |
| Amounts payable | 17/49 | €42,239 | - | -€42,239 | |
| Amounts payable after more than one year | 17 | €7,431 | - | -€7,431 | |
| Financial debts | 170/4 | €7,431 | - | -€7,431 | |
| Amounts payable within one year | 42/48 | €34,807 | - | -€34,807 | |
| Trade debts | 44 | €26,253 | - | -€26,253 | |
| Suppliers | 440/4 | €26,253 | - | -€26,253 | |
| Taxes, remuneration and social security | 45 | €8,554 | - | -€8,554 | |
| Taxes | 450/3 | €2,247 | - | -€2,247 | |
| Remuneration and social security | 454/9 | €6,307 | - | -€6,307 | |
| Non-recurring operating income | 76A | €2,329 | €23,630 | +€21,301 | +914.7% |
| Remuneration, social security and pensions | 62 | €42,165 | €13,733 | -€28,432 | -67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €305 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,000 | €10,000 | -€7,000 | -41.2% |
| Other operating charges | 640/8 | €25 | - | -€25 | |
| Non-recurring operating charges | 66A | €39,416 | - | -€39,416 | |
| Gross operating margin | 9900 | €95,280 | €26,601 | -€68,679 | -72.1% |
| Operating profit (loss) | 9901 | -€3,632 | €2,562 | +€6,194 | |
| Financial income | 75/76B | €955 | €465 | -€490 | -51.3% |
| Recurring financial income | 75 | €955 | €465 | -€490 | -51.3% |
| Financial charges | 65/66B | €933 | €314 | -€619 | -66.3% |
| Recurring financial charges | 65 | €933 | €314 | -€619 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,610 | €2,713 | +€6,323 | |
| Profit (loss) for the period | 9904 | -€3,610 | €2,713 | +€6,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,610 | €2,713 | +€6,323 |
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 10 October 2026 via checked.be.