BALAES: 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.
BALAES
Largest movements
- Receivables within one year +€62,568
up €62,568 (+9.8%), from €635,755 to €698,323
- Reserves +€65,000
up €65,000 (+18.0%), from €361,859 to €426,859
of which Distributable reserves: +€65,000
- Staff costs -€9,351
down €9,351 (-100.0%), from €9,351 to €0
- Gross operating margin -€8,952
down €8,952 (-8.4%), from €107,064 to €98,112
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 | €674,775 | €743,391 | +€68,616 | +10.2% |
| Fixed assets | 21/28 | - | €374 | +€374 | |
| Tangible fixed assets | 22/27 | - | €374 | +€374 | |
| Furniture and vehicles | 24 | - | €374 | +€374 | |
| Current assets | 29/58 | €674,775 | €743,017 | +€68,242 | +10.1% |
| Amounts receivable within one year | 40/41 | €635,755 | €698,323 | +€62,568 | +9.8% |
| Other amounts receivable | 41 | €635,755 | €698,323 | +€62,568 | +9.8% |
| Cash at bank and in hand | 54/58 | €39,021 | €44,694 | +€5,674 | +14.5% |
| Total equity and liabilities | 10/49 | €674,775 | €743,391 | +€68,616 | +10.2% |
| Equity | 10/15 | €663,484 | €732,607 | +€69,123 | +10.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €361,859 | €426,859 | +€65,000 | +18.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €360,000 | €425,000 | +€65,000 | +18.1% |
| Profit (loss) carried forward | 14 | €295,428 | €299,551 | +€4,123 | +1.4% |
| Amounts payable | 17/49 | €11,291 | €10,784 | -€507 | -4.5% |
| Amounts payable within one year | 42/48 | €11,291 | €10,784 | -€507 | -4.5% |
| Trade debts | 44 | €1,269 | €1,199 | -€71 | -5.6% |
| Suppliers | 440/4 | €1,269 | €1,199 | -€71 | -5.6% |
| Taxes, remuneration and social security | 45 | €10,022 | €9,585 | -€437 | -4.4% |
| Taxes | 450/3 | €8,807 | €9,585 | +€779 | +8.8% |
| Remuneration and social security | 454/9 | €1,215 | - | -€1,215 | |
| Remuneration, social security and pensions | 62 | €9,351 | €0 | -€9,351 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €98 | +€98 | |
| Other operating charges | 640/8 | €2,242 | €1,981 | -€261 | -11.7% |
| Gross operating margin | 9900 | €107,064 | €98,112 | -€8,952 | -8.4% |
| Operating profit (loss) | 9901 | €95,471 | €96,033 | +€562 | +0.6% |
| Financial income | 75/76B | €99 | €0 | -€99 | -100.0% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -100.0% |
| Financial charges | 65/66B | €1,052 | €1,132 | +€80 | +7.6% |
| Recurring financial charges | 65 | €1,052 | €1,132 | +€80 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €94,518 | €94,901 | +€383 | +0.4% |
| Income taxes | 67/77 | €26,307 | €25,779 | -€528 | -2.0% |
| Profit (loss) for the period | 9904 | €68,212 | €69,123 | +€911 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,212 | €69,123 | +€911 | +1.3% |
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 29 September 2026 via checked.be.