THE BARVARY: what changed
THE BARVARY
Largest movements
- Tangible fixed assets -€3,685
down €3,685 (-21.0%), from €17,579 to €13,894
of which Plant, machinery and equipment: -€2,663
- Cash -€2,440
down €2,440 (-34.3%), from €7,113 to €4,674
mainly Other debts (-€2,400) and Tax, wage and social debts (-€2,263)
- Receivables within one year +€1,410
up €1,410 (+238%), from €592 to €2,002
of which Other amounts receivable: +€1,075
- Other debts -€2,400
down €2,400 (-63.8%), from €3,765 to €1,365
- Tax, wage and social debts -€2,263
down €2,263 (-63.7%), from €3,554 to €1,291
of which Remuneration and social security: -€2,564
- Trade debts -€998
no longer reported in 2025 (was €998)
of which Suppliers: -€589
- Profit (loss) carried forward +€946
up €946 (+31.9%), from €2,968 to €3,914
- Gross operating margin -€2,613
down €2,613 (-26.6%), from €9,827 to €7,214
- Taxes -€989
no longer reported in 2025 (was €989)
- Depreciation +€505
up €505 (+15.9%), from €3,180 to €3,685
- Financial charges -€184
down €184 (-13.2%), from €1,392 to €1,209
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 | €26,284 | €21,570 | -€4,714 | -17.9% |
| Fixed assets | 21/28 | €18,579 | €14,894 | -€3,685 | -19.8% |
| Tangible fixed assets | 22/27 | €17,579 | €13,894 | -€3,685 | -21.0% |
| Land and buildings | 22 | €5,149 | €4,564 | -€585 | -11.4% |
| Plant, machinery and equipment | 23 | €9,530 | €6,867 | -€2,663 | -27.9% |
| Furniture and vehicles | 24 | €2,579 | €2,142 | -€437 | -16.9% |
| Other tangible fixed assets | 26 | €320 | €320 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €7,705 | €6,676 | -€1,029 | -13.4% |
| Amounts receivable within one year | 40/41 | €592 | €2,002 | +€1,410 | +238% |
| Trade receivables | 40 | - | €335 | +€335 | |
| Other amounts receivable | 41 | €592 | €1,667 | +€1,075 | +182% |
| Cash at bank and in hand | 54/58 | €7,113 | €4,674 | -€2,440 | -34.3% |
| Total equity and liabilities | 10/49 | €26,284 | €21,570 | -€4,714 | -17.9% |
| Equity | 10/15 | €17,968 | €18,914 | +€946 | +5.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,968 | €3,914 | +€946 | +31.9% |
| Amounts payable | 17/49 | €8,316 | €2,656 | -€5,660 | -68.1% |
| Amounts payable within one year | 42/48 | €8,316 | €2,656 | -€5,660 | -68.1% |
| Trade debts | 44 | €998 | - | -€998 | |
| Suppliers | 440/4 | €589 | - | -€589 | |
| Bills of exchange payable | 441 | €409 | - | -€409 | |
| Taxes, remuneration and social security | 45 | €3,554 | €1,291 | -€2,263 | -63.7% |
| Taxes | 450/3 | €989 | €1,291 | +€302 | +30.5% |
| Remuneration and social security | 454/9 | €2,564 | - | -€2,564 | |
| Other amounts payable | 47/48 | €3,765 | €1,365 | -€2,400 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,180 | €3,685 | +€505 | +15.9% |
| Other operating charges | 640/8 | €1,319 | €1,382 | +€63 | +4.8% |
| Gross operating margin | 9900 | €9,827 | €7,214 | -€2,613 | -26.6% |
| Operating profit (loss) | 9901 | €5,328 | €2,147 | -€3,181 | -59.7% |
| Financial income | 75/76B | €21 | €8 | -€13 | -62.3% |
| Recurring financial income | 75 | €21 | €8 | -€13 | -62.3% |
| Financial charges | 65/66B | €1,392 | €1,209 | -€184 | -13.2% |
| Recurring financial charges | 65 | €1,392 | €1,209 | -€184 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €3,957 | €946 | -€3,011 | -76.1% |
| Income taxes | 67/77 | €989 | - | -€989 | |
| Profit (loss) for the period | 9904 | €2,968 | €946 | -€2,022 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,968 | €946 | -€2,022 | -68.1% |
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 4 November 2026 via checked.be.