BAL BROTHERS: what changed
What changed
BAL BROTHERS
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€10,704
2023 · €1,733+€8,971
Equity
€19,716
2023 · €9,012+€10,704
Cash
€73,749
2023 · €49,997+€23,752
Balance sheet total
€416,393
2023 · €315,848+€100,545
Largest movements
Assets
- Receivables within one year +€72,551
up €72,551 (+771%), from €9,415 to €81,967
of which Trade receivables: +€72,537
- Cash +€23,752
up €23,752 (+47.5%), from €49,997 to €73,749
mainly Trade debts (+€91,405) and Net result for the year (+€10,704)
- Stocks and contracts +€8,058
up €8,058 (+3.5%), from €233,212 to €241,270
Equity and liabilities
- Trade debts +€91,405
up €91,405 (+101%), from €90,602 to €182,007
- Profit (loss) carried forward +€10,704
up €10,704 (+267%), from €4,012 to €14,716
Income statement
- Gross operating margin +€30,094
up €30,094 (+25.9%), from €116,326 to €146,420
- Staff costs +€15,056
up €15,056 (+15.6%), from €96,217 to €111,274
- Taxes +€3,673
up €3,673 (+848%), from €433 to €4,106
- Depreciation +€1,969
up €1,969 (+31.5%), from €6,247 to €8,216
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€1,733
Gross operating margin
+€30,094
Staff costs
-€15,056
Depreciation
-€1,969
Other operating charges
-€601
Financial income
-€4
Financial charges
+€179
Taxes
-€3,673
Result 2024
€10,704
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€28,152
Investment
-€4,400
Financing
€0
Cash 2023
€49,997
From operations (derived)
+€28,152
Net result for the year
+€10,704
Depreciation
+€8,216
Stocks and contracts
-€8,058
Receivables within one year
-€72,551
Trade debts
+€91,405
Tax, wage and social debts
-€713
Other debts
-€850
Investment (derived)
-€4,400
Investment in fixed assets (net)
-€4,400
Cash 2024
€73,749
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,848 | €416,393 | +€100,545 | +31.8% |
| Fixed assets | 21/28 | €22,249 | €18,433 | -€3,816 | -17.2% |
| Tangible fixed assets | 22/27 | €22,249 | €18,433 | -€3,816 | -17.2% |
| Land and buildings | 22 | - | €4,876 | +€4,876 | |
| Plant, machinery and equipment | 23 | €4,550 | €4,653 | +€102 | +2.3% |
| Furniture and vehicles | 24 | €12,222 | €8,904 | -€3,318 | -27.2% |
| Other tangible fixed assets | 26 | €5,476 | - | -€5,476 | |
| Current assets | 29/58 | €293,599 | €397,960 | +€104,361 | +35.5% |
| Stocks and contracts in progress | 3 | €233,212 | €241,270 | +€8,058 | +3.5% |
| Stocks | 30/36 | €233,212 | €241,270 | +€8,058 | +3.5% |
| Amounts receivable within one year | 40/41 | €9,415 | €81,967 | +€72,551 | +771% |
| Trade receivables | 40 | €9,415 | €81,952 | +€72,537 | +770% |
| Other amounts receivable | 41 | - | €15 | +€15 | |
| Cash at bank and in hand | 54/58 | €49,997 | €73,749 | +€23,752 | +47.5% |
| Deferred charges and accrued income | 490/1 | €975 | €975 | = | 0.0% |
| Total equity and liabilities | 10/49 | €315,848 | €416,393 | +€100,545 | +31.8% |
| Equity | 10/15 | €9,012 | €19,716 | +€10,704 | +119% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,012 | €14,716 | +€10,704 | +267% |
| Amounts payable | 17/49 | €306,835 | €396,677 | +€89,841 | +29.3% |
| Amounts payable within one year | 42/48 | €306,835 | €396,677 | +€89,841 | +29.3% |
| Trade debts | 44 | €90,602 | €182,007 | +€91,405 | +101% |
| Suppliers | 440/4 | €90,602 | €182,007 | +€91,405 | +101% |
| Taxes, remuneration and social security | 45 | €39,888 | €39,175 | -€713 | -1.8% |
| Taxes | 450/3 | €11,588 | €18,509 | +€6,921 | +59.7% |
| Remuneration and social security | 454/9 | €28,300 | €20,666 | -€7,634 | -27.0% |
| Other amounts payable | 47/48 | €176,345 | €175,495 | -€850 | -0.5% |
| Remuneration, social security and pensions | 62 | €96,217 | €111,274 | +€15,056 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,247 | €8,216 | +€1,969 | +31.5% |
| Other operating charges | 640/8 | €6,320 | €6,921 | +€601 | +9.5% |
| Gross operating margin | 9900 | €116,326 | €146,420 | +€30,094 | +25.9% |
| Operating profit (loss) | 9901 | €7,541 | €20,010 | +€12,468 | +165% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.5% |
| Financial charges | 65/66B | €5,379 | €5,200 | -€179 | -3.3% |
| Recurring financial charges | 65 | €5,379 | €5,200 | -€179 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €2,167 | €14,810 | +€12,643 | +584% |
| Income taxes | 67/77 | €433 | €4,106 | +€3,673 | +848% |
| Profit (loss) for the period | 9904 | €1,733 | €10,704 | +€8,971 | +518% |
| Profit (loss) for the period to be appropriated | 9905 | €1,733 | €10,704 | +€8,971 | +518% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.