B.A.L. CONSEILS: 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.
B.A.L. CONSEILS
Largest movements
- Cash -€150,354
down €150,354 (-86.6%), from €173,554 to €23,200
mainly Contributions, distributions and other (-€141,573) and Current investments (-€100,000)
- Current investments +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Receivables within one year +€16,560
up €16,560 (+36.4%), from €45,451 to €62,010
of which Other amounts receivable: +€11,869
- Deferred charges and accrued income +€12,968
up €12,968 (+304%), from €4,261 to €17,228
- Tangible fixed assets -€9,394
down €9,394 (-21.9%), from €42,839 to €33,445
of which Other tangible fixed assets: -€6,820
- Current portion of long-term debt -€32,818
down €32,818 (-92.6%), from €35,423 to €2,605
- Other debts -€7,294
down €7,294 (-4.8%), from €150,686 to €143,392
- Trade debts +€6,047
up €6,047 (+31.9%), from €18,973 to €25,020
- Tax, wage and social debts +€3,822
up €3,822 (+7.2%), from €53,227 to €57,049
of which Remuneration and social security: +€2,889
- Gross operating margin -€29,117
down €29,117 (-7.6%), from €384,893 to €355,775
- Taxes -€15,415
down €15,415 (-26.1%), from €58,988 to €43,573
- Depreciation -€10,057
down €10,057 (-41.6%), from €24,192 to €14,135
- Staff costs +€5,419
up €5,419 (+3.7%), from €147,899 to €153,318
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 | €371,321 | €338,500 | -€32,821 | -8.8% |
| Fixed assets | 21/28 | €43,118 | €33,724 | -€9,394 | -21.8% |
| Tangible fixed assets | 22/27 | €42,839 | €33,445 | -€9,394 | -21.9% |
| Furniture and vehicles | 24 | €10,649 | €8,075 | -€2,574 | -24.2% |
| Other tangible fixed assets | 26 | €32,190 | €25,370 | -€6,820 | -21.2% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €328,202 | €304,775 | -€23,427 | -7.1% |
| Amounts receivable after more than one year | 29 | €4,937 | €2,337 | -€2,600 | -52.7% |
| Trade receivables | 290 | €4,937 | €2,337 | -€2,600 | -52.7% |
| Amounts receivable within one year | 40/41 | €45,451 | €62,010 | +€16,560 | +36.4% |
| Trade receivables | 40 | €34,747 | €39,439 | +€4,691 | +13.5% |
| Other amounts receivable | 41 | €10,703 | €22,572 | +€11,869 | +111% |
| Current investments | 50/53 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €173,554 | €23,200 | -€150,354 | -86.6% |
| Deferred charges and accrued income | 490/1 | €4,261 | €17,228 | +€12,968 | +304% |
| Total equity and liabilities | 10/49 | €371,321 | €338,500 | -€32,821 | -8.8% |
| Equity | 10/15 | €110,434 | €110,434 | = | 0.0% |
| Contributions | 10/11 | €24,792 | €24,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,642 | €85,642 | = | 0.0% |
| Amounts payable | 17/49 | €260,887 | €228,066 | -€32,821 | -12.6% |
| Amounts payable after more than one year | 17 | €2,578 | - | -€2,578 | |
| Financial debts | 170/4 | €2,578 | - | -€2,578 | |
| Amounts payable within one year | 42/48 | €258,308 | €228,066 | -€30,243 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €35,423 | €2,605 | -€32,818 | -92.6% |
| Trade debts | 44 | €18,973 | €25,020 | +€6,047 | +31.9% |
| Suppliers | 440/4 | €18,973 | €25,020 | +€6,047 | +31.9% |
| Taxes, remuneration and social security | 45 | €53,227 | €57,049 | +€3,822 | +7.2% |
| Taxes | 450/3 | €31,979 | €32,912 | +€933 | +2.9% |
| Remuneration and social security | 454/9 | €21,248 | €24,137 | +€2,889 | +13.6% |
| Other amounts payable | 47/48 | €150,686 | €143,392 | -€7,294 | -4.8% |
| Remuneration, social security and pensions | 62 | €147,899 | €153,318 | +€5,419 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,192 | €14,135 | -€10,057 | -41.6% |
| Other operating charges | 640/8 | €5,626 | €4,265 | -€1,361 | -24.2% |
| Gross operating margin | 9900 | €384,893 | €355,775 | -€29,117 | -7.6% |
| Operating profit (loss) | 9901 | €207,175 | €184,058 | -€23,118 | -11.2% |
| Financial income | 75/76B | €1,626 | €4,638 | +€3,012 | +185% |
| Recurring financial income | 75 | €1,626 | €4,638 | +€3,012 | +185% |
| Financial charges | 65/66B | €1,790 | €3,550 | +€1,760 | +98.3% |
| Recurring financial charges | 65 | €1,790 | €1,267 | -€523 | -29.2% |
| Non-recurring financial charges | 66B | - | €2,283 | +€2,283 | |
| Profit (loss) for the period before taxes | 9903 | €207,011 | €185,146 | -€21,865 | -10.6% |
| Income taxes | 67/77 | €58,988 | €43,573 | -€15,415 | -26.1% |
| Profit (loss) for the period | 9904 | €148,023 | €141,573 | -€6,450 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €148,023 | €141,573 | -€6,450 | -4.4% |
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 25 October 2026 via checked.be.