BALANZ consulting: what changed
BALANZ consulting
Largest movements
- Cash -€30,534
down €30,534 (-83.6%), from €36,515 to €5,981
mainly Net result for the year (-€34,733) and Investment in fixed assets (net) (-€25,000)
- Intangible fixed assets +€18,037
new in 2025: €18,037
- Receivables within one year +€14,116
up €14,116 (+125%), from €11,277 to €25,393
of which Trade receivables: +€24,775
- Tangible fixed assets -€1,453
down €1,453 (-49.7%), from €2,926 to €1,473
of which Plant, machinery and equipment: -€755
- Profit (loss) carried forward -€34,733
new in 2025: -€34,733
- Trade debts +€24,060
up €24,060 (+1,431%), from €1,682 to €25,742
- Other debts +€13,971
new in 2025: €13,971
- Tax, wage and social debts -€3,132
down €3,132 (-76.2%), from €4,111 to €979
of which Taxes: -€4,111
- Gross operating margin -€79,680
down €79,680, from €54,114 to -€25,565
- Taxes -€15,211
no longer reported in 2025 (was €15,211)
- Depreciation +€6,948
up €6,948 (+473%), from €1,469 to €8,416
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,793 | €50,960 | +€167 | +0.3% |
| Fixed assets | 21/28 | €3,001 | €19,585 | +€16,584 | +553% |
| Intangible fixed assets | 21 | - | €18,037 | +€18,037 | |
| Tangible fixed assets | 22/27 | €2,926 | €1,473 | -€1,453 | -49.7% |
| Plant, machinery and equipment | 23 | €1,903 | €1,148 | -€755 | -39.7% |
| Furniture and vehicles | 24 | €1,023 | €325 | -€698 | -68.2% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €47,792 | €31,375 | -€16,417 | -34.4% |
| Amounts receivable within one year | 40/41 | €11,277 | €25,393 | +€14,116 | +125% |
| Trade receivables | 40 | €400 | €25,175 | +€24,775 | +6,194% |
| Other amounts receivable | 41 | €10,877 | €218 | -€10,659 | -98.0% |
| Cash at bank and in hand | 54/58 | €36,515 | €5,981 | -€30,534 | -83.6% |
| Total equity and liabilities | 10/49 | €50,793 | €50,960 | +€167 | +0.3% |
| Equity | 10/15 | €45,000 | €10,268 | -€34,733 | -77.2% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €38,700 | €38,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €36,840 | €38,700 | +€1,860 | +5.0% |
| Profit (loss) carried forward | 14 | - | -€34,733 | -€34,733 | |
| Amounts payable | 17/49 | €5,793 | €40,692 | +€34,899 | +602% |
| Amounts payable within one year | 42/48 | €5,793 | €40,692 | +€34,899 | +602% |
| Trade debts | 44 | €1,682 | €25,742 | +€24,060 | +1,431% |
| Suppliers | 440/4 | €1,682 | €25,742 | +€24,060 | +1,431% |
| Taxes, remuneration and social security | 45 | €4,111 | €979 | -€3,132 | -76.2% |
| Taxes | 450/3 | €4,111 | - | -€4,111 | |
| Remuneration and social security | 454/9 | - | €979 | +€979 | |
| Other amounts payable | 47/48 | - | €13,971 | +€13,971 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,469 | €8,416 | +€6,948 | +473% |
| Other operating charges | 640/8 | €505 | €583 | +€77 | +15.3% |
| Gross operating margin | 9900 | €54,114 | -€25,565 | -€79,680 | |
| Operating profit (loss) | 9901 | €52,140 | -€34,564 | -€86,705 | |
| Financial charges | 65/66B | €89 | €168 | +€80 | +89.8% |
| Recurring financial charges | 65 | €89 | €168 | +€80 | +89.8% |
| Profit (loss) for the period before taxes | 9903 | €52,052 | -€34,733 | -€86,785 | |
| Income taxes | 67/77 | €15,211 | - | -€15,211 | |
| Profit (loss) for the period | 9904 | €36,840 | -€34,733 | -€71,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,840 | -€34,733 | -€71,573 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.