BALAK INDUSTRIES: what changed
What changed
BALAK INDUSTRIES
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€166,918
2023 · €5.0m-€4.9m
Equity
€6.6m
2023 · €6.4m+€166,918
Cash
€248,823
2023 · €928,660-€679,837
Balance sheet total
€16.0m
2023 · €15.8m+€207,023
Largest movements
Assets
- Receivables within one year +€886,861
up €886,861 (+11.0%), from €8.0m to €8.9m
- Cash -€679,837
down €679,837 (-73.2%), from €928,660 to €248,823
mainly Receivables within one year (-€886,861) and Trade debts (-€3,356)
Equity and liabilities
- Reserves +€166,918
up €166,918 (+2.9%), from €5.7m to €5.9m
of which Distributable reserves: +€166,918
Income statement
- Financial income -€4.5m
down €4.5m (-94.9%), from €4.8m to €241,868
of which Non-recurring financial income: -€4.7m
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
€5.0m
Services and other goods
+€3,293
Other operating items
-€306,482
Financial income
-€4.5m
Financial charges
-€40
Taxes
-€39,578
Result 2024
€166,918
raises the resultlowers the resultnot broken down further in the accounts
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
-€679,837
Investment
€0
Financing
€0
Cash 2023
€928,660
From operations (derived)
-€679,837
Net result for the year
+€166,918
Receivables within one year
-€886,861
Trade debts
-€3,356
Tax, wage and social debts
+€43,461
Cash 2024
€248,823
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,827,564 | €16,034,587 | +€207,023 | +1.3% |
| Fixed assets | 21/28 | €6,856,800 | €6,856,800 | = | 0.0% |
| Financial fixed assets | 28 | €6,856,800 | €6,856,800 | = | 0.0% |
| Affiliated companies | 280/1 | €6,856,800 | €6,856,800 | = | 0.0% |
| Participating interests | 280 | €1,656,800 | €1,656,800 | = | 0.0% |
| Amounts receivable | 281 | €5,200,000 | €5,200,000 | = | 0.0% |
| Current assets | 29/58 | €8,970,764 | €9,177,787 | +€207,023 | +2.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €8,042,104 | €8,928,964 | +€886,861 | +11.0% |
| Other amounts receivable | 41 | €8,042,104 | €8,928,964 | +€886,861 | +11.0% |
| Cash at bank and in hand | 54/58 | €928,660 | €248,823 | -€679,837 | -73.2% |
| Total equity and liabilities | 10/49 | €15,827,564 | €16,034,587 | +€207,023 | +1.3% |
| Equity | 10/15 | €6,388,306 | €6,555,224 | +€166,918 | +2.6% |
| Contributions | 10/11 | €669,313 | €669,313 | = | 0.0% |
| Capital | 10 | €669,313 | €669,313 | = | 0.0% |
| Issued capital | 100 | €669,313 | €669,313 | = | 0.0% |
| Reserves | 13 | €5,718,993 | €5,885,912 | +€166,918 | +2.9% |
| Non-distributable reserves | 130/1 | €69,404 | €69,404 | = | 0.0% |
| Legal reserve | 130 | €69,404 | €69,404 | = | 0.0% |
| Distributable reserves | 133 | €5,649,589 | €5,816,508 | +€166,918 | +3.0% |
| Amounts payable | 17/49 | €9,439,258 | €9,479,363 | +€40,105 | +0.4% |
| Amounts payable within one year | 42/48 | €9,439,258 | €9,479,363 | +€40,105 | +0.4% |
| Trade debts | 44 | €10,084 | €6,728 | -€3,356 | -33.3% |
| Suppliers | 440/4 | €10,084 | €6,728 | -€3,356 | -33.3% |
| Taxes, remuneration and social security | 45 | €20,882 | €64,343 | +€43,461 | +208% |
| Taxes | 450/3 | €20,882 | €64,343 | +€43,461 | +208% |
| Other amounts payable | 47/48 | €9,408,291 | €9,408,291 | = | 0.0% |
| Operating income | 70/76A | €306,482 | €0 | -€306,482 | -100% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €306,482 | €0 | -€306,482 | -100% |
| Operating charges | 60/66A | €16,967 | €13,674 | -€3,293 | -19.4% |
| Services and other goods | 61 | €16,850 | €13,557 | -€3,293 | -19.5% |
| Other operating charges | 640/8 | €117 | €117 | = | 0.0% |
| Operating profit (loss) | 9901 | €289,515 | -€13,674 | -€303,189 | |
| Financial income | 75/76B | €4,776,110 | €241,868 | -€4.5m | -94.9% |
| Recurring financial income | 75 | €95,989 | €241,868 | +€145,879 | +152% |
| Income from financial fixed assets | 750 | €55,989 | €156,427 | +€100,438 | +179% |
| Income from current assets | 751 | €40,000 | €85,440 | +€45,440 | +114% |
| Non-recurring financial income | 76B | €4,680,121 | €0 | -€4.7m | -100% |
| Financial charges | 65/66B | €774 | €814 | +€40 | +5.2% |
| Recurring financial charges | 65 | €774 | €814 | +€40 | +5.2% |
| Other financial charges | 652/9 | €774 | €814 | +€40 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €5,064,852 | €227,379 | -€4.8m | -95.5% |
| Income taxes | 67/77 | €20,882 | €60,461 | +€39,578 | +190% |
| Taxes | 670/3 | €20,882 | €60,461 | +€39,578 | +190% |
| Profit (loss) for the period | 9904 | €5,043,969 | €166,918 | -€4.9m | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,043,969 | €166,918 | -€4.9m | -96.7% |
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 7 November 2026 via checked.be.