ETS BARICALLA: what changed
ETS BARICALLA
Largest movements
- Receivables within one year +€27,123
up €27,123 (+241%), from €11,248 to €38,370
- Tangible fixed assets -€21,707
down €21,707 (-48.4%), from €44,804 to €23,097
of which Plant, machinery and equipment: -€14,303
- Cash +€5,717
up €5,717 (+110%), from €5,182 to €10,900
mainly Net result for the year (+€24,027) and Investment in fixed assets (net) (+€12,157)
- Stocks and contracts -€1,155
down €1,155 (-28.0%), from €4,117 to €2,962
- Profit (loss) carried forward +€24,027
up €24,027, from -€15,719 to €8,308
- Other debts -€18,386
down €18,386 (-24.7%), from €74,332 to €55,946
- Tax, wage and social debts +€2,558
up €2,558 (+84.3%), from €3,033 to €5,591
- Trade debts +€1,796
up €1,796 (+104%), from €1,724 to €3,519
- Gross operating margin +€14,841
up €14,841 (+41.7%), from €35,597 to €50,437
- Other operating charges +€7,172
up €7,172 (+137%), from €5,232 to €12,404
- Taxes +€3,614
new in 2025: €3,614
- Depreciation +€1,905
up €1,905 (+23.3%), from €8,162 to €10,068
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,869 | €75,864 | +€9,995 | +15.2% |
| Formation expenses | 20 | €258 | - | -€258 | |
| Fixed assets | 21/28 | €45,064 | €23,097 | -€21,967 | -48.7% |
| Tangible fixed assets | 22/27 | €44,804 | €23,097 | -€21,707 | -48.4% |
| Plant, machinery and equipment | 23 | €14,303 | - | -€14,303 | |
| Furniture and vehicles | 24 | €30,501 | €23,097 | -€7,404 | -24.3% |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €20,547 | €52,767 | +€32,220 | +157% |
| Stocks and contracts in progress | 3 | €4,117 | €2,962 | -€1,155 | -28.0% |
| Stocks | 30/36 | €4,117 | €2,962 | -€1,155 | -28.0% |
| Amounts receivable within one year | 40/41 | €11,248 | €38,370 | +€27,123 | +241% |
| Trade receivables | 40 | €11,248 | €38,370 | +€27,123 | +241% |
| Cash at bank and in hand | 54/58 | €5,182 | €10,900 | +€5,717 | +110% |
| Deferred charges and accrued income | 490/1 | - | €534 | +€534 | |
| Total equity and liabilities | 10/49 | €65,869 | €75,864 | +€9,995 | +15.2% |
| Equity | 10/15 | -€13,219 | €10,808 | +€24,027 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,719 | €8,308 | +€24,027 | |
| Amounts payable | 17/49 | €79,088 | €65,056 | -€14,032 | -17.7% |
| Amounts payable within one year | 42/48 | €79,088 | €65,056 | -€14,032 | -17.7% |
| Trade debts | 44 | €1,724 | €3,519 | +€1,796 | +104% |
| Suppliers | 440/4 | €1,724 | €3,519 | +€1,796 | +104% |
| Taxes, remuneration and social security | 45 | €3,033 | €5,591 | +€2,558 | +84.3% |
| Taxes | 450/3 | €3,033 | €5,591 | +€2,558 | +84.3% |
| Other amounts payable | 47/48 | €74,332 | €55,946 | -€18,386 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,162 | €10,068 | +€1,905 | +23.3% |
| Other operating charges | 640/8 | €5,232 | €12,404 | +€7,172 | +137% |
| Gross operating margin | 9900 | €35,597 | €50,437 | +€14,841 | +41.7% |
| Operating profit (loss) | 9901 | €22,202 | €27,965 | +€5,763 | +26.0% |
| Financial income | 75/76B | €1 | €39 | +€39 | +6,344% |
| Recurring financial income | 75 | €1 | €39 | +€39 | +6,344% |
| Financial charges | 65/66B | €463 | €364 | -€99 | -21.4% |
| Recurring financial charges | 65 | €463 | €364 | -€99 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €21,740 | €27,641 | +€5,901 | +27.1% |
| Income taxes | 67/77 | - | €3,614 | +€3,614 | |
| Profit (loss) for the period | 9904 | €21,740 | €24,027 | +€2,287 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,740 | €24,027 | +€2,287 | +10.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.