LA BAROQUE: 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.
LA BAROQUE
Largest movements
- Tangible fixed assets -€14,712
down €14,712 (-4.6%), from €316,982 to €302,270
- Cash +€10,024
up €10,024 (+23.6%), from €42,449 to €52,473
mainly Depreciation (+€14,712) and Other debts (+€1,780)
- Reserves -€6,381
down €6,381 (-5.8%), from €110,351 to €103,970
of which Tax-exempt reserves: -€6,381
- Profit (loss) carried forward +€6,123
up €6,123 (+5.9%), from €103,262 to €109,386
- Debts after one year -€4,916
down €4,916 (-14.9%), from €33,059 to €28,143
- Gross operating margin +€5,141
up €5,141 (+41.5%), from €12,398 to €17,539
- Taxes +€1,391
up €1,391 (+178%), from €780 to €2,171
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 | €361,450 | €355,046 | -€6,404 | -1.8% |
| Fixed assets | 21/28 | €316,982 | €302,270 | -€14,712 | -4.6% |
| Tangible fixed assets | 22/27 | €316,982 | €302,270 | -€14,712 | -4.6% |
| Land and buildings | 22 | €316,982 | €302,270 | -€14,712 | -4.6% |
| Current assets | 29/58 | €44,468 | €52,776 | +€8,308 | +18.7% |
| Amounts receivable within one year | 40/41 | €1,720 | - | -€1,720 | |
| Other amounts receivable | 41 | €1,720 | - | -€1,720 | |
| Cash at bank and in hand | 54/58 | €42,449 | €52,473 | +€10,024 | +23.6% |
| Deferred charges and accrued income | 490/1 | €299 | €303 | +€4 | +1.3% |
| Total equity and liabilities | 10/49 | €361,450 | €355,046 | -€6,404 | -1.8% |
| Equity | 10/15 | €247,714 | €247,456 | -€258 | -0.1% |
| Contributions | 10/11 | €34,100 | €34,100 | = | 0.0% |
| Reserves | 13 | €110,351 | €103,970 | -€6,381 | -5.8% |
| Tax-exempt reserves | 132 | €108,482 | €102,101 | -€6,381 | -5.9% |
| Distributable reserves | 133 | €1,869 | €1,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,262 | €109,386 | +€6,123 | +5.9% |
| Provisions and deferred taxes | 16 | €46,492 | €43,758 | -€2,735 | -5.9% |
| Deferred taxes | 168 | €46,492 | €43,758 | -€2,735 | -5.9% |
| Amounts payable | 17/49 | €67,244 | €63,833 | -€3,411 | -5.1% |
| Amounts payable after more than one year | 17 | €33,059 | €28,143 | -€4,916 | -14.9% |
| Financial debts | 170/4 | €33,059 | €28,143 | -€4,916 | -14.9% |
| Amounts payable within one year | 42/48 | €34,185 | €35,690 | +€1,505 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €4,833 | €4,916 | +€83 | +1.7% |
| Trade debts | 44 | - | €17 | +€17 | |
| Suppliers | 440/4 | - | €17 | +€17 | |
| Taxes, remuneration and social security | 45 | €1,547 | €1,171 | -€376 | -24.3% |
| Taxes | 450/3 | €1,547 | €1,171 | -€376 | -24.3% |
| Other amounts payable | 47/48 | €27,805 | €29,585 | +€1,780 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,712 | €14,712 | = | 0.0% |
| Other operating charges | 640/8 | €807 | €864 | +€57 | +7.0% |
| Gross operating margin | 9900 | €12,398 | €17,539 | +€5,141 | +41.5% |
| Operating profit (loss) | 9901 | -€3,121 | €1,963 | +€5,085 | |
| Financial charges | 65/66B | €2,940 | €2,785 | -€155 | -5.3% |
| Recurring financial charges | 65 | €2,940 | €2,785 | -€155 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,061 | -€821 | +€5,239 | +86.4% |
| Transfer from deferred taxes | 780 | €2,735 | €2,735 | = | 0.0% |
| Income taxes | 67/77 | €780 | €2,171 | +€1,391 | +178% |
| Profit (loss) for the period | 9904 | -€4,106 | -€258 | +€3,848 | +93.7% |
| Transfer from tax-exempt reserves | 789 | €6,381 | €6,381 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,275 | €6,123 | +€3,848 | +169% |
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 16 October 2026 via checked.be.