BALARDES: 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.
BALARDES
Largest movements
- Cash -€25,176
down €25,176 (-75.9%), from €33,174 to €7,998
mainly Debts after one year (-€44,933) and Tax, wage and social debts (-€3,481)
- Receivables within one year -€5,952
down €5,952 (-99.2%), from €6,000 to €48
of which Trade receivables: -€6,000
- Debts after one year -€44,933
down €44,933 (-17.1%), from €262,944 to €218,011
- Other debts +€14,200
up €14,200 (+2.5%), from €575,553 to €589,753
- Gross operating margin -€22,772
down €22,772 (-55.9%), from €40,763 to €17,991
- Financial charges +€5,984
up €5,984 (+58.5%), from €10,231 to €16,215
- Other operating charges +€434
up €434 (+112.0%), from €387 to €821
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €476,662 | €444,286 | -€32,376 | -6.8% |
| Fixed assets | 21/28 | €430,000 | €430,000 | = | 0.0% |
| Financial fixed assets | 28 | €430,000 | €430,000 | = | 0.0% |
| Current assets | 29/58 | €46,662 | €14,286 | -€32,376 | -69.4% |
| Amounts receivable within one year | 40/41 | €6,000 | €48 | -€5,952 | -99.2% |
| Trade receivables | 40 | €6,000 | - | -€6,000 | |
| Other amounts receivable | 41 | - | €48 | +€48 | |
| Cash at bank and in hand | 54/58 | €33,174 | €7,998 | -€25,176 | -75.9% |
| Deferred charges and accrued income | 490/1 | €7,488 | €6,240 | -€1,248 | -16.7% |
| Total equity and liabilities | 10/49 | €476,662 | €444,286 | -€32,376 | -6.8% |
| Equity | 10/15 | -€410,082 | -€408,961 | +€1,121 | +0.3% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€820,582 | -€819,461 | +€1,121 | +0.1% |
| Amounts payable | 17/49 | €886,744 | €853,247 | -€33,496 | -3.8% |
| Amounts payable after more than one year | 17 | €262,944 | €218,011 | -€44,933 | -17.1% |
| Financial debts | 170/4 | €262,944 | €218,011 | -€44,933 | -17.1% |
| Amounts payable within one year | 42/48 | €623,799 | €635,236 | +€11,437 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €43,089 | €44,933 | +€1,844 | +4.3% |
| Trade debts | 44 | €1,509 | €383 | -€1,126 | -74.6% |
| Suppliers | 440/4 | €1,509 | €383 | -€1,126 | -74.6% |
| Taxes, remuneration and social security | 45 | €3,648 | €167 | -€3,481 | -95.4% |
| Taxes | 450/3 | €3,648 | €167 | -€3,481 | -95.4% |
| Other amounts payable | 47/48 | €575,553 | €589,753 | +€14,200 | +2.5% |
| Other operating charges | 640/8 | €387 | €821 | +€434 | +112.0% |
| Gross operating margin | 9900 | €40,763 | €17,991 | -€22,772 | -55.9% |
| Operating profit (loss) | 9901 | €40,375 | €17,170 | -€23,205 | -57.5% |
| Financial income | 75/76B | - | €333 | +€333 | |
| Recurring financial income | 75 | - | €333 | +€333 | |
| Non-recurring financial income | 76B | - | €333 | +€333 | |
| Financial charges | 65/66B | €10,231 | €16,215 | +€5,984 | +58.5% |
| Recurring financial charges | 65 | €10,231 | €16,215 | +€5,984 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €30,144 | €1,288 | -€28,856 | -95.7% |
| Income taxes | 67/77 | - | €167 | +€167 | |
| Profit (loss) for the period | 9904 | €30,144 | €1,121 | -€29,023 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,144 | €1,121 | -€29,023 | -96.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.