Bar Bao: what changed
Two fiscal 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.
Bar Bao
Largest movements
- Tangible fixed assets -€18,855
down €18,855 (-16.8%), from €111,972 to €93,117
of which Land and buildings: -€13,208
- Receivables within one year +€4,037
up €4,037 (+98.8%), from €4,086 to €8,122
of which Trade receivables: +€4,888
- Cash -€2,393
down €2,393 (-10.4%), from €23,046 to €20,653
mainly Net result for the year (-€85,518) and Debts after one year (-€15,620)
- Profit (loss) carried forward -€85,518
down €85,518 (-158.5%), from -€53,966 to -€139,484
- Trade debts +€42,426
up €42,426 (+200.2%), from €21,188 to €63,613
- Other debts +€41,690
up €41,690 (+481.8%), from €8,653 to €50,343
- Debts after one year -€15,620
down €15,620 (-12.0%), from €130,575 to €114,955
- Tax, wage and social debts -€2,641
down €2,641 (-6.5%), from €40,709 to €38,068
of which Remuneration and social security: -€5,977
- Staff costs +€118,522
up €118,522 (+47.3%), from €250,598 to €369,121
- Gross operating margin +€102,223
up €102,223 (+50.1%), from €204,166 to €306,388
- Depreciation +€10,915
up €10,915 (+137.5%), from €7,940 to €18,855
- Financial income -€3,105
down €3,105 (-54.0%), from €5,751 to €2,646
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 | €171,519 | €152,605 | -€18,914 | -11.0% |
| Fixed assets | 21/28 | €116,622 | €97,767 | -€18,855 | -16.2% |
| Tangible fixed assets | 22/27 | €111,972 | €93,117 | -€18,855 | -16.8% |
| Land and buildings | 22 | €61,616 | €48,407 | -€13,208 | -21.4% |
| Plant, machinery and equipment | 23 | €42,231 | €37,701 | -€4,530 | -10.7% |
| Furniture and vehicles | 24 | €8,126 | €7,009 | -€1,117 | -13.7% |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €54,897 | €54,839 | -€59 | -0.1% |
| Stocks and contracts in progress | 3 | €25,000 | €25,000 | = | 0.0% |
| Stocks | 30/36 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,086 | €8,122 | +€4,037 | +98.8% |
| Trade receivables | 40 | €546 | €5,434 | +€4,888 | +895.0% |
| Other amounts receivable | 41 | €3,539 | €2,688 | -€851 | -24.1% |
| Cash at bank and in hand | 54/58 | €23,046 | €20,653 | -€2,393 | -10.4% |
| Deferred charges and accrued income | 490/1 | €2,766 | €1,063 | -€1,702 | -61.6% |
| Total equity and liabilities | 10/49 | €171,519 | €152,605 | -€18,914 | -11.0% |
| Equity | 10/15 | -€48,966 | -€134,484 | -€85,518 | -174.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,966 | -€139,484 | -€85,518 | -158.5% |
| Amounts payable | 17/49 | €220,485 | €287,089 | +€66,604 | +30.2% |
| Amounts payable after more than one year | 17 | €130,575 | €114,955 | -€15,620 | -12.0% |
| Financial debts | 170/4 | €130,575 | €114,955 | -€15,620 | -12.0% |
| Amounts payable within one year | 42/48 | €89,910 | €172,134 | +€82,224 | +91.5% |
| Current portion of amounts payable after more than one year | 42 | €19,361 | €20,110 | +€749 | +3.9% |
| Trade debts | 44 | €21,188 | €63,613 | +€42,426 | +200.2% |
| Suppliers | 440/4 | €21,188 | €63,613 | +€42,426 | +200.2% |
| Taxes, remuneration and social security | 45 | €40,709 | €38,068 | -€2,641 | -6.5% |
| Taxes | 450/3 | €14,142 | €17,479 | +€3,337 | +23.6% |
| Remuneration and social security | 454/9 | €26,567 | €20,590 | -€5,977 | -22.5% |
| Other amounts payable | 47/48 | €8,653 | €50,343 | +€41,690 | +481.8% |
| Remuneration, social security and pensions | 62 | €250,598 | €369,121 | +€118,522 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,940 | €18,855 | +€10,915 | +137.5% |
| Other operating charges | 640/8 | €369 | €352 | -€17 | -4.6% |
| Gross operating margin | 9900 | €204,166 | €306,388 | +€102,223 | +50.1% |
| Operating profit (loss) | 9901 | -€54,742 | -€81,939 | -€27,197 | -49.7% |
| Financial income | 75/76B | €5,751 | €2,646 | -€3,105 | -54.0% |
| Recurring financial income | 75 | €5,751 | €2,646 | -€3,105 | -54.0% |
| Financial charges | 65/66B | €4,976 | €6,225 | +€1,249 | +25.1% |
| Recurring financial charges | 65 | €4,976 | €6,225 | +€1,249 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | -€53,966 | -€85,518 | -€31,551 | -58.5% |
| Profit (loss) for the period | 9904 | -€53,966 | -€85,518 | -€31,551 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,966 | -€85,518 | -€31,551 | -58.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.