BAL INTERNATIONAL: 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.
BAL INTERNATIONAL
Largest movements
- Receivables within one year -€13,460
down €13,460 (-45.3%), from €29,742 to €16,283
of which Trade receivables: -€16,531
- Tangible fixed assets -€11,433
down €11,433 (-52.0%), from €21,993 to €10,560
of which Other tangible fixed assets: -€8,102
- Cash +€8,636
up €8,636 (+30.3%), from €28,468 to €37,104
mainly Receivables within one year (+€13,460) and Depreciation (+€11,433)
- Trade debts -€28,671
down €28,671 (-86.4%), from €33,169 to €4,498
- Profit (loss) carried forward +€10,813
up €10,813 (+10.8%), from -€99,952 to -€89,139
- Other debts +€2,455
up €2,455 (+9.0%), from €27,238 to €29,694
- Tax, wage and social debts -€1,404
down €1,404 (-1.4%), from €99,417 to €98,013
of which Remuneration and social security: -€5,294
- Gross operating margin +€31,592
up €31,592, from -€3,983 to €27,610
- Taxes +€3,019
new in 2025: €3,019
- Financial charges +€907
up €907 (+445%), from €204 to €1,111
- Other operating charges -€638
down €638 (-56.0%), from €1,139 to €501
- Staff costs +€350
up €350 (+91.0%), from €384 to €734
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 | €81,096 | €64,442 | -€16,654 | -20.5% |
| Fixed assets | 21/28 | €21,993 | €10,560 | -€11,433 | -52.0% |
| Tangible fixed assets | 22/27 | €21,993 | €10,560 | -€11,433 | -52.0% |
| Furniture and vehicles | 24 | €10,588 | €7,257 | -€3,331 | -31.5% |
| Other tangible fixed assets | 26 | €11,405 | €3,303 | -€8,102 | -71.0% |
| Current assets | 29/58 | €59,103 | €53,881 | -€5,221 | -8.8% |
| Amounts receivable within one year | 40/41 | €29,742 | €16,283 | -€13,460 | -45.3% |
| Trade receivables | 40 | €29,696 | €13,166 | -€16,531 | -55.7% |
| Other amounts receivable | 41 | €46 | €3,117 | +€3,071 | +6,676% |
| Cash at bank and in hand | 54/58 | €28,468 | €37,104 | +€8,636 | +30.3% |
| Deferred charges and accrued income | 490/1 | €892 | €495 | -€397 | -44.5% |
| Total equity and liabilities | 10/49 | €81,096 | €64,442 | -€16,654 | -20.5% |
| Equity | 10/15 | -€78,831 | -€68,018 | +€10,813 | +13.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,721 | €8,721 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,861 | €6,861 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,952 | -€89,139 | +€10,813 | +10.8% |
| Amounts payable | 17/49 | €159,926 | €132,459 | -€27,467 | -17.2% |
| Amounts payable within one year | 42/48 | €159,825 | €132,459 | -€27,366 | -17.1% |
| Trade debts | 44 | €33,169 | €4,498 | -€28,671 | -86.4% |
| Suppliers | 440/4 | €33,169 | €4,498 | -€28,671 | -86.4% |
| Advances received on contracts in progress | 46 | - | €255 | +€255 | |
| Taxes, remuneration and social security | 45 | €99,417 | €98,013 | -€1,404 | -1.4% |
| Taxes | 450/3 | €1,868 | €5,758 | +€3,890 | +208% |
| Remuneration and social security | 454/9 | €97,549 | €92,255 | -€5,294 | -5.4% |
| Other amounts payable | 47/48 | €27,238 | €29,694 | +€2,455 | +9.0% |
| Accrued charges and deferred income | 492/3 | €101 | - | -€101 | |
| Remuneration, social security and pensions | 62 | €384 | €734 | +€350 | +91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,198 | €11,433 | +€235 | +2.1% |
| Other operating charges | 640/8 | €1,139 | €501 | -€638 | -56.0% |
| Gross operating margin | 9900 | -€3,983 | €27,610 | +€31,592 | |
| Operating profit (loss) | 9901 | -€16,704 | €14,942 | +€31,645 | |
| Financial income | 75/76B | €48 | €1 | -€47 | -96.9% |
| Recurring financial income | 75 | €48 | €1 | -€47 | -96.9% |
| Financial charges | 65/66B | €204 | €1,111 | +€907 | +445% |
| Recurring financial charges | 65 | €204 | €1,111 | +€907 | +445% |
| Profit (loss) for the period before taxes | 9903 | -€16,860 | €13,832 | +€30,692 | |
| Income taxes | 67/77 | - | €3,019 | +€3,019 | |
| Profit (loss) for the period | 9904 | -€16,860 | €10,813 | +€27,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,860 | €10,813 | +€27,673 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.