BALAMA: 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.
BALAMA
Largest movements
- Receivables within one year +€8,072
up €8,072 (+700.1%), from €1,153 to €9,225
of which Trade receivables: +€8,308
- Cash -€2,970
down €2,970 (-5.6%), from €53,173 to €50,203
mainly Contributions, distributions and other (-€72,000) and Receivables within one year (-€8,072)
- Other debts +€17,310
up €17,310 (+46.7%), from €37,093 to €54,402
- Profit (loss) carried forward -€6,799
down €6,799 (-94.9%), from €7,165 to €367
- Tax, wage and social debts -€5,875
down €5,875 (-55.8%), from €10,532 to €4,657
- Gross operating margin +€19,090
up €19,090 (+26.4%), from €72,278 to €91,368
- Taxes +€4,883
up €4,883 (+27.4%), from €17,845 to €22,728
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.
Cash bridge derived
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 | €59,730 | €64,327 | +€4,597 | +7.7% |
| Fixed assets | 21/28 | €5,242 | €4,801 | -€441 | -8.4% |
| Tangible fixed assets | 22/27 | €5,242 | €4,801 | -€441 | -8.4% |
| Furniture and vehicles | 24 | €1,187 | €2,593 | +€1,405 | +118.3% |
| Other tangible fixed assets | 26 | €4,054 | €2,208 | -€1,846 | -45.5% |
| Current assets | 29/58 | €54,488 | €59,526 | +€5,038 | +9.2% |
| Amounts receivable within one year | 40/41 | €1,153 | €9,225 | +€8,072 | +700.1% |
| Trade receivables | 40 | €227 | €8,535 | +€8,308 | +3655.8% |
| Other amounts receivable | 41 | €926 | €690 | -€236 | -25.5% |
| Cash at bank and in hand | 54/58 | €53,173 | €50,203 | -€2,970 | -5.6% |
| Deferred charges and accrued income | 490/1 | €162 | €98 | -€64 | -39.5% |
| Total equity and liabilities | 10/49 | €59,730 | €64,327 | +€4,597 | +7.7% |
| Equity | 10/15 | €12,065 | €5,267 | -€6,799 | -56.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €4,400 | €4,400 | = | 0.0% |
| Distributable reserves | 133 | €4,400 | €4,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,165 | €367 | -€6,799 | -94.9% |
| Amounts payable | 17/49 | €47,665 | €59,060 | +€11,395 | +23.9% |
| Amounts payable within one year | 42/48 | €47,665 | €59,060 | +€11,395 | +23.9% |
| Trade debts | 44 | €40 | €0 | -€40 | -100.0% |
| Suppliers | 440/4 | €40 | €0 | -€40 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,532 | €4,657 | -€5,875 | -55.8% |
| Taxes | 450/3 | €10,532 | €4,657 | -€5,875 | -55.8% |
| Other amounts payable | 47/48 | €37,093 | €54,402 | +€17,310 | +46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,718 | €2,960 | +€242 | +8.9% |
| Other operating charges | 640/8 | €578 | €593 | +€15 | +2.7% |
| Gross operating margin | 9900 | €72,278 | €91,368 | +€19,090 | +26.4% |
| Operating profit (loss) | 9901 | €68,981 | €87,815 | +€18,833 | +27.3% |
| Financial income | 75/76B | €254 | €236 | -€18 | -7.1% |
| Recurring financial income | 75 | €254 | €236 | -€18 | -7.1% |
| Financial charges | 65/66B | €126 | €121 | -€6 | -4.5% |
| Recurring financial charges | 65 | €126 | €121 | -€6 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €69,109 | €87,929 | +€18,821 | +27.2% |
| Income taxes | 67/77 | €17,845 | €22,728 | +€4,883 | +27.4% |
| Profit (loss) for the period | 9904 | €51,264 | €65,201 | +€13,938 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,264 | €65,201 | +€13,938 | +27.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.