BARBOC: 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.
BARBOC
Largest movements
- Receivables within one year +€49,616
up €49,616 (+117%), from €42,284 to €91,900
of which Trade receivables: +€44,495
- Cash +€32,189
up €32,189 (+45.8%), from €70,303 to €102,491
mainly Debts after one year (+€50,137) and Net result for the year (+€24,039)
- Deferred charges and accrued income +€20,005
up €20,005 (+3,100%), from €645 to €20,650
- Stocks and contracts -€4,000
down €4,000 (-16.2%), from €24,709 to €20,709
- Debts after one year +€50,137
up €50,137 (+783%), from €6,400 to €56,537
- Profit (loss) carried forward +€24,039
up €24,039 (+65.1%), from €36,933 to €60,973
- Current portion of long-term debt +€14,387
up €14,387 (+3,192%), from €451 to €14,838
- Tax, wage and social debts -€13,306
down €13,306 (-21.7%), from €61,412 to €48,105
of which Taxes: -€15,875
- Trade debts +€10,504
up €10,504 (+15.1%), from €69,729 to €80,232
- Gross operating margin +€7,798
up €7,798 (+10.6%), from €73,581 to €81,379
- Staff costs +€6,292
up €6,292 (+24.0%), from €26,248 to €32,540
- Other operating charges -€3,386
down €3,386 (-59.4%), from €5,699 to €2,313
- Taxes -€1,897
down €1,897 (-13.1%), from €14,524 to €12,627
- Write-downs -€1,054
down €1,054 (-100%), from €1,054 to €0
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 | €233,436 | €331,508 | +€98,071 | +42.0% |
| Fixed assets | 21/28 | €30,495 | €30,757 | +€262 | +0.9% |
| Tangible fixed assets | 22/27 | €28,395 | €28,657 | +€262 | +0.9% |
| Plant, machinery and equipment | 23 | €357 | €1,064 | +€706 | +198% |
| Furniture and vehicles | 24 | - | €1,963 | +€1,963 | |
| Other tangible fixed assets | 26 | €28,037 | €25,630 | -€2,407 | -8.6% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €202,942 | €300,751 | +€97,809 | +48.2% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,709 | €20,709 | -€4,000 | -16.2% |
| Stocks | 30/36 | €24,709 | €20,709 | -€4,000 | -16.2% |
| Amounts receivable within one year | 40/41 | €42,284 | €91,900 | +€49,616 | +117% |
| Trade receivables | 40 | €39,442 | €83,936 | +€44,495 | +113% |
| Other amounts receivable | 41 | €2,843 | €7,964 | +€5,121 | +180% |
| Cash at bank and in hand | 54/58 | €70,303 | €102,491 | +€32,189 | +45.8% |
| Deferred charges and accrued income | 490/1 | €645 | €20,650 | +€20,005 | +3,100% |
| Total equity and liabilities | 10/49 | €233,436 | €331,508 | +€98,071 | +42.0% |
| Equity | 10/15 | €87,103 | €111,143 | +€24,039 | +27.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €170 | €170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €170 | €170 | = | 0.0% |
| Reserves not available under the articles | 1311 | €170 | €170 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,933 | €60,973 | +€24,039 | +65.1% |
| Amounts payable | 17/49 | €146,333 | €220,365 | +€74,032 | +50.6% |
| Amounts payable after more than one year | 17 | €6,400 | €56,537 | +€50,137 | +783% |
| Financial debts | 170/4 | €6,400 | €56,537 | +€50,137 | +783% |
| Amounts payable within one year | 42/48 | €135,333 | €163,828 | +€28,495 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €451 | €14,838 | +€14,387 | +3,192% |
| Financial debts | 43 | €3,539 | €12,562 | +€9,023 | +255% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €3,539 | €12,562 | +€9,023 | +255% |
| Trade debts | 44 | €69,729 | €80,232 | +€10,504 | +15.1% |
| Suppliers | 440/4 | €69,729 | €80,232 | +€10,504 | +15.1% |
| Taxes, remuneration and social security | 45 | €61,412 | €48,105 | -€13,306 | -21.7% |
| Taxes | 450/3 | €58,302 | €42,427 | -€15,875 | -27.2% |
| Remuneration and social security | 454/9 | €3,110 | €5,678 | +€2,568 | +82.6% |
| Other amounts payable | 47/48 | €203 | €8,090 | +€7,887 | +3,890% |
| Accrued charges and deferred income | 492/3 | €4,600 | €0 | -€4,600 | -100% |
| Remuneration, social security and pensions | 62 | €26,248 | €32,540 | +€6,292 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,729 | €4,460 | -€270 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,054 | €0 | -€1,054 | -100% |
| Other operating charges | 640/8 | €5,699 | €2,313 | -€3,386 | -59.4% |
| Non-recurring operating charges | 66A | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €73,581 | €81,379 | +€7,798 | +10.6% |
| Operating profit (loss) | 9901 | €35,851 | €40,068 | +€4,216 | +11.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,353 | €3,401 | +€48 | +1.4% |
| Recurring financial charges | 65 | €3,353 | €3,401 | +€48 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €32,498 | €36,667 | +€4,168 | +12.8% |
| Income taxes | 67/77 | €14,524 | €12,627 | -€1,897 | -13.1% |
| Profit (loss) for the period | 9904 | €17,974 | €24,039 | +€6,065 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,974 | €24,039 | +€6,065 | +33.7% |
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 26 October 2026 via checked.be.