TEN BARNE: 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.
TEN BARNE
Largest movements
- Tangible fixed assets -€53,442
down €53,442 (-11.9%), from €448,052 to €394,611
of which Land and buildings: -€61,202
- Receivables within one year +€42,872
up €42,872 (+35.0%), from €122,521 to €165,393
of which Other amounts receivable: +€32,279
- Debts after one year -€19,316
no longer reported in 2025 (was €19,316)
- Trade debts +€14,165
up €14,165 (+15.3%), from €92,733 to €106,898
- Provisions -€12,142
down €12,142 (-41.3%), from €29,401 to €17,260
- Current portion of long-term debt -€6,396
down €6,396 (-24.9%), from €25,712 to €19,316
- Tax, wage and social debts +€6,229
up €6,229 (+158%), from €3,938 to €10,167
of which Taxes: +€6,032
- Gross operating margin -€13,980
down €13,980 (-9.0%), from €155,165 to €141,186
- Depreciation -€5,612
down €5,612 (-7.3%), from €76,503 to €70,891
- Taxes +€4,909
up €4,909 (+521%), from €942 to €5,851
- Financial charges -€2,600
down €2,600 (-57.7%), from €4,509 to €1,908
- Financial income -€2,599
down €2,599 (-48.6%), from €5,348 to €2,749
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €584,160 | €570,447 | -€13,713 | -2.3% |
| Fixed assets | 21/28 | €460,499 | €404,047 | -€56,452 | -12.3% |
| Intangible fixed assets | 21 | €12,447 | €9,436 | -€3,011 | -24.2% |
| Tangible fixed assets | 22/27 | €448,052 | €394,611 | -€53,442 | -11.9% |
| Land and buildings | 22 | €388,352 | €327,150 | -€61,202 | -15.8% |
| Plant, machinery and equipment | 23 | €59,700 | €67,460 | +€7,761 | +13.0% |
| Current assets | 29/58 | €123,661 | €166,400 | +€42,740 | +34.6% |
| Amounts receivable within one year | 40/41 | €122,521 | €165,393 | +€42,872 | +35.0% |
| Trade receivables | 40 | €14 | €10,607 | +€10,593 | +74,076% |
| Other amounts receivable | 41 | €122,507 | €154,786 | +€32,279 | +26.3% |
| Deferred charges and accrued income | 490/1 | €1,140 | €1,007 | -€132 | -11.6% |
| Total equity and liabilities | 10/49 | €584,160 | €570,447 | -€13,713 | -2.3% |
| Equity | 10/15 | €412,736 | €416,668 | +€3,933 | +1.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €21,278 | €24,211 | +€2,933 | +13.8% |
| Tax-exempt reserves | 132 | €8,278 | €11,211 | +€2,933 | +35.4% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,542 | -€107,543 | +€1,000 | +0.9% |
| Provisions and deferred taxes | 16 | €29,401 | €17,260 | -€12,142 | -41.3% |
| Deferred taxes | 168 | €29,401 | €17,260 | -€12,142 | -41.3% |
| Amounts payable | 17/49 | €142,023 | €136,519 | -€5,504 | -3.9% |
| Amounts payable after more than one year | 17 | €19,316 | - | -€19,316 | |
| Financial debts | 170/4 | €19,316 | - | -€19,316 | |
| Amounts payable within one year | 42/48 | €122,383 | €136,381 | +€13,998 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €25,712 | €19,316 | -€6,396 | -24.9% |
| Trade debts | 44 | €92,733 | €106,898 | +€14,165 | +15.3% |
| Suppliers | 440/4 | €92,733 | €106,898 | +€14,165 | +15.3% |
| Taxes, remuneration and social security | 45 | €3,938 | €10,167 | +€6,229 | +158% |
| Taxes | 450/3 | - | €6,032 | +€6,032 | |
| Remuneration and social security | 454/9 | €3,938 | €4,135 | +€197 | +5.0% |
| Accrued charges and deferred income | 492/3 | €325 | €138 | -€186 | -57.3% |
| Remuneration, social security and pensions | 62 | €63,420 | €65,501 | +€2,080 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,503 | €70,891 | -€5,612 | -7.3% |
| Other operating charges | 640/8 | €7,691 | €7,993 | +€302 | +3.9% |
| Gross operating margin | 9900 | €155,165 | €141,186 | -€13,980 | -9.0% |
| Operating profit (loss) | 9901 | €7,551 | -€3,199 | -€10,750 | |
| Financial income | 75/76B | €5,348 | €2,749 | -€2,599 | -48.6% |
| Recurring financial income | 75 | €5,348 | €2,749 | -€2,599 | -48.6% |
| Financial charges | 65/66B | €4,509 | €1,908 | -€2,600 | -57.7% |
| Recurring financial charges | 65 | €4,509 | €1,908 | -€2,600 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €8,391 | -€2,358 | -€10,749 | |
| Transfer from deferred taxes | 780 | €5,582 | €5,582 | = | 0.0% |
| Income taxes | 67/77 | €942 | €5,851 | +€4,909 | +521% |
| Profit (loss) for the period | 9904 | €13,032 | -€2,627 | -€15,658 | |
| Transfer from tax-exempt reserves | 789 | €3,626 | €3,626 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,658 | €1,000 | -€15,658 | -94.0% |
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 27 October 2026 via checked.be.