BAL CLIENT: 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.
BAL CLIENT
Largest movements
- Receivables within one year -€63,193
down €63,193 (-74.6%), from €84,762 to €21,569
of which Trade receivables: -€69,508
- Receivables after one year +€40,471
new in 2024: €40,471
- Cash -€13,620
down €13,620 (-17.7%), from €76,891 to €63,271
mainly Trade debts (-€58,694) and Receivables after one year (-€40,471)
- Trade debts -€58,694
down €58,694 (-58.6%), from €100,245 to €41,551
- Profit (loss) carried forward +€33,740
up €33,740 (+84.8%), from €39,797 to €73,537
- Other debts -€15,668
no longer reported in 2024 (was €15,668)
- Tax, wage and social debts +€2,564
up €2,564 (+20.4%), from €12,584 to €15,148
of which Remuneration and social security: +€1,778
- Gross operating margin +€16,961
up €16,961 (+35.2%), from €48,137 to €65,098
- Staff costs +€5,621
up €5,621 (+489.0%), from €1,150 to €6,771
- Taxes +€3,367
up €3,367 (+36.2%), from €9,304 to €12,670
- Financial charges +€2,216
up €2,216 (+58.7%), from €3,778 to €5,995
- Other operating charges -€1,904
down €1,904 (-74.4%), from €2,560 to €656
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,293 | €152,235 | -€38,058 | -20.0% |
| Fixed assets | 21/28 | €22,019 | €20,549 | -€1,470 | -6.7% |
| Tangible fixed assets | 22/27 | €21,919 | €20,449 | -€1,470 | -6.7% |
| Furniture and vehicles | 24 | €21,919 | €16,683 | -€5,237 | -23.9% |
| Other tangible fixed assets | 26 | - | €3,767 | +€3,767 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €168,274 | €131,686 | -€36,587 | -21.7% |
| Amounts receivable after more than one year | 29 | - | €40,471 | +€40,471 | |
| Trade receivables | 290 | - | €40,471 | +€40,471 | |
| Stocks and contracts in progress | 3 | €6,621 | €6,375 | -€246 | -3.7% |
| Stocks | 30/36 | €6,621 | €6,375 | -€246 | -3.7% |
| Amounts receivable within one year | 40/41 | €84,762 | €21,569 | -€63,193 | -74.6% |
| Trade receivables | 40 | €84,317 | €14,809 | -€69,508 | -82.4% |
| Other amounts receivable | 41 | €445 | €6,760 | +€6,315 | +1417.8% |
| Cash at bank and in hand | 54/58 | €76,891 | €63,271 | -€13,620 | -17.7% |
| Total equity and liabilities | 10/49 | €190,293 | €152,235 | -€38,058 | -20.0% |
| Equity | 10/15 | €61,797 | €95,537 | +€33,740 | +54.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,797 | €73,537 | +€33,740 | +84.8% |
| Amounts payable | 17/49 | €128,496 | €56,699 | -€71,798 | -55.9% |
| Amounts payable within one year | 42/48 | €128,496 | €56,699 | -€71,798 | -55.9% |
| Trade debts | 44 | €100,245 | €41,551 | -€58,694 | -58.6% |
| Suppliers | 440/4 | €100,245 | €41,551 | -€58,694 | -58.6% |
| Taxes, remuneration and social security | 45 | €12,584 | €15,148 | +€2,564 | +20.4% |
| Taxes | 450/3 | €12,513 | €13,299 | +€786 | +6.3% |
| Remuneration and social security | 454/9 | €70 | €1,849 | +€1,778 | +2531.4% |
| Other amounts payable | 47/48 | €15,668 | - | -€15,668 | |
| Remuneration, social security and pensions | 62 | €1,150 | €6,771 | +€5,621 | +489.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,245 | €5,734 | +€1,489 | +35.1% |
| Other operating charges | 640/8 | €2,560 | €656 | -€1,904 | -74.4% |
| Gross operating margin | 9900 | €48,137 | €65,098 | +€16,961 | +35.2% |
| Operating profit (loss) | 9901 | €40,182 | €51,937 | +€11,755 | +29.3% |
| Financial income | 75/76B | €16 | €468 | +€452 | +2797.8% |
| Recurring financial income | 75 | €16 | €468 | +€452 | +2797.8% |
| Financial charges | 65/66B | €3,778 | €5,995 | +€2,216 | +58.7% |
| Recurring financial charges | 65 | €3,778 | €5,995 | +€2,216 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €36,420 | €46,410 | +€9,990 | +27.4% |
| Income taxes | 67/77 | €9,304 | €12,670 | +€3,367 | +36.2% |
| Profit (loss) for the period | 9904 | €27,116 | €33,740 | +€6,623 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,116 | €33,740 | +€6,623 | +24.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.