LA BARRIERE: 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 BARRIERE
Largest movements
- Receivables within one year +€40,016
up €40,016 (+61.2%), from €65,402 to €105,418
of which Trade receivables: +€42,138
- Cash +€14,258
up €14,258 (+17.7%), from €80,769 to €95,027
mainly Net result for the year (+€59,057) and Depreciation (+€11,625)
- Reserves +€59,000
up €59,000 (+13.3%), from €443,233 to €502,233
of which Distributable reserves: +€59,000
- Trade debts -€12,541
down €12,541 (-99.7%), from €12,584 to €43
- Gross operating margin +€10,979
up €10,979 (+13.6%), from €80,436 to €91,415
- Taxes +€3,272
up €3,272 (+17.4%), from €18,818 to €22,090
- Financial income +€1,406
up €1,406 (+72.1%), from €1,949 to €3,354
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 | €749,074 | €800,133 | +€51,059 | +6.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €23,954 | €17,804 | -€6,150 | -25.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €23,954 | €17,804 | -€6,150 | -25.7% |
| Plant, machinery and equipment | 23 | €15,601 | €13,048 | -€2,554 | -16.4% |
| Furniture and vehicles | 24 | €8,353 | €4,756 | -€3,597 | -43.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €725,120 | €782,329 | +€57,209 | +7.9% |
| Stocks and contracts in progress | 3 | €271,650 | €274,508 | +€2,858 | +1.1% |
| Stocks | 30/36 | €271,650 | €274,508 | +€2,858 | +1.1% |
| Amounts receivable within one year | 40/41 | €65,402 | €105,418 | +€40,016 | +61.2% |
| Trade receivables | 40 | €63,098 | €105,236 | +€42,138 | +66.8% |
| Other amounts receivable | 41 | €2,304 | €182 | -€2,122 | -92.1% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €80,769 | €95,027 | +€14,258 | +17.7% |
| Deferred charges and accrued income | 490/1 | €7,299 | €7,376 | +€77 | +1.1% |
| Total equity and liabilities | 10/49 | €749,074 | €800,133 | +€51,059 | +6.8% |
| Equity | 10/15 | €730,336 | €789,393 | +€59,057 | +8.1% |
| Contributions | 10/11 | €21,848 | €21,848 | = | 0.0% |
| Reserves | 13 | €443,233 | €502,233 | +€59,000 | +13.3% |
| Tax-exempt reserves | 132 | €17,246 | €17,246 | = | 0.0% |
| Distributable reserves | 133 | €425,987 | €484,987 | +€59,000 | +13.9% |
| Profit (loss) carried forward | 14 | €265,255 | €265,313 | +€57 | 0.0% |
| Amounts payable | 17/49 | €18,738 | €10,740 | -€7,998 | -42.7% |
| Amounts payable within one year | 42/48 | €18,738 | €10,740 | -€7,998 | -42.7% |
| Trade debts | 44 | €12,584 | €43 | -€12,541 | -99.7% |
| Suppliers | 440/4 | €12,584 | €43 | -€12,541 | -99.7% |
| Taxes, remuneration and social security | 45 | €3,818 | €7,549 | +€3,731 | +97.7% |
| Taxes | 450/3 | €3,818 | €7,199 | +€3,380 | +88.5% |
| Remuneration and social security | 454/9 | - | €350 | +€350 | |
| Other amounts payable | 47/48 | €2,336 | €3,148 | +€812 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,917 | €11,625 | -€292 | -2.5% |
| Other operating charges | 640/8 | €892 | €1,582 | +€691 | +77.5% |
| Gross operating margin | 9900 | €80,436 | €91,415 | +€10,979 | +13.6% |
| Operating profit (loss) | 9901 | €67,627 | €78,208 | +€10,580 | +15.6% |
| Financial income | 75/76B | €1,949 | €3,354 | +€1,406 | +72.1% |
| Recurring financial income | 75 | €1,949 | €3,354 | +€1,406 | +72.1% |
| Financial charges | 65/66B | €297 | €415 | +€118 | +39.9% |
| Recurring financial charges | 65 | €297 | €415 | +€118 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €69,280 | €81,147 | +€11,868 | +17.1% |
| Income taxes | 67/77 | €18,818 | €22,090 | +€3,272 | +17.4% |
| Profit (loss) for the period | 9904 | €50,462 | €59,057 | +€8,596 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,462 | €59,057 | +€8,596 | +17.0% |
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 11 October 2026 via checked.be.