INES BARBIER: 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.
INES BARBIER
Largest movements
- Cash -€6,048
down €6,048 (-28.3%), from €21,341 to €15,293
mainly Other debts (-€21,208) and Debts after one year (-€9,155)
- Deferred charges and accrued income -€6,037
down €6,037 (-98.4%), from €6,136 to €99
- Tangible fixed assets -€5,200
down €5,200 (-26.0%), from €20,031 to €14,831
- Intangible fixed assets -€4,000
down €4,000 (-11.3%), from €35,408 to €31,408
- Other debts -€21,208
down €21,208 (-58.4%), from €36,308 to €15,100
- Debts after one year -€9,155
down €9,155 (-31.1%), from €29,445 to €20,290
- Profit (loss) carried forward +€7,004
up €7,004 (+279%), from €2,511 to €9,515
- Tax, wage and social debts +€1,004
up €1,004 (+50.1%), from €2,003 to €3,007
- Gross operating margin +€3,274
up €3,274 (+16.9%), from €19,364 to €22,638
- Depreciation -€1,470
down €1,470 (-13.1%), from €11,253 to €9,782
- Taxes +€1,001
up €1,001 (+50.0%), from €2,003 to €3,004
- Other operating charges -€566
down €566 (-40.8%), from €1,389 to €823
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 | €85,586 | €63,269 | -€22,317 | -26.1% |
| Formation expenses | 20 | €2,221 | €1,638 | -€582 | -26.2% |
| Fixed assets | 21/28 | €55,439 | €46,239 | -€9,200 | -16.6% |
| Intangible fixed assets | 21 | €35,408 | €31,408 | -€4,000 | -11.3% |
| Tangible fixed assets | 22/27 | €20,031 | €14,831 | -€5,200 | -26.0% |
| Furniture and vehicles | 24 | €20,031 | €14,831 | -€5,200 | -26.0% |
| Current assets | 29/58 | €27,927 | €15,392 | -€12,535 | -44.9% |
| Amounts receivable within one year | 40/41 | €450 | - | -€450 | |
| Other amounts receivable | 41 | €450 | - | -€450 | |
| Cash at bank and in hand | 54/58 | €21,341 | €15,293 | -€6,048 | -28.3% |
| Deferred charges and accrued income | 490/1 | €6,136 | €99 | -€6,037 | -98.4% |
| Total equity and liabilities | 10/49 | €85,586 | €63,269 | -€22,317 | -26.1% |
| Equity | 10/15 | €7,511 | €14,515 | +€7,004 | +93.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,511 | €9,515 | +€7,004 | +279% |
| Amounts payable | 17/49 | €78,076 | €48,754 | -€29,321 | -37.6% |
| Amounts payable after more than one year | 17 | €29,445 | €20,290 | -€9,155 | -31.1% |
| Financial debts | 170/4 | €29,445 | €20,290 | -€9,155 | -31.1% |
| Amounts payable within one year | 42/48 | €48,630 | €28,465 | -€20,166 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €9,696 | €9,155 | -€541 | -5.6% |
| Trade debts | 44 | €623 | €1,202 | +€579 | +93.0% |
| Suppliers | 440/4 | €623 | €1,202 | +€579 | +93.0% |
| Taxes, remuneration and social security | 45 | €2,003 | €3,007 | +€1,004 | +50.1% |
| Taxes | 450/3 | €2,003 | €3,007 | +€1,004 | +50.1% |
| Other amounts payable | 47/48 | €36,308 | €15,100 | -€21,208 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,253 | €9,782 | -€1,470 | -13.1% |
| Other operating charges | 640/8 | €1,389 | €823 | -€566 | -40.8% |
| Gross operating margin | 9900 | €19,364 | €22,638 | +€3,274 | +16.9% |
| Operating profit (loss) | 9901 | €6,722 | €12,033 | +€5,311 | +79.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,208 | €2,025 | -€183 | -8.3% |
| Recurring financial charges | 65 | €2,208 | €2,025 | -€183 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €4,514 | €10,008 | +€5,494 | +122% |
| Income taxes | 67/77 | €2,003 | €3,004 | +€1,001 | +50.0% |
| Profit (loss) for the period | 9904 | €2,511 | €7,004 | +€4,493 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €2,511 | €7,004 | +€4,493 | +179% |
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 15 October 2026 via checked.be.