BALASEC SOLUTIONS: 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.
BALASEC SOLUTIONS
Largest movements
- Cash -€46,717
down €46,717 (-29.3%), from €159,559 to €112,841
mainly Contributions, distributions and other (-€194,118) and Receivables within one year (-€18,500)
- Receivables within one year +€18,500
new in 2025: €18,500
of which Trade receivables: +€18,000
- Tangible fixed assets -€6,597
down €6,597 (-31.2%), from €21,167 to €14,570
of which Furniture and vehicles: -€6,110
- Reserves -€152,846
down €152,846 (-87.1%), from €175,473 to €22,627
- Other debts +€84,980
up €84,980 (+98050.0%), from €87 to €85,067
- Tax, wage and social debts +€28,504
up €28,504 (+5191.1%), from €549 to €29,053
- Profit (loss) carried forward +€4,605
no longer reported in 2025 (was -€4,605)
- Gross operating margin +€63,817
up €63,817 (+1581.9%), from €4,034 to €67,851
- Taxes +€13,657
up €13,657 (+1225.4%), from €1,115 to €14,772
- Depreciation -€708
down €708 (-9.7%), from €7,306 to €6,597
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 | €180,726 | €146,384 | -€34,342 | -19.0% |
| Fixed assets | 21/28 | €21,167 | €14,570 | -€6,597 | -31.2% |
| Tangible fixed assets | 22/27 | €21,167 | €14,570 | -€6,597 | -31.2% |
| Plant, machinery and equipment | 23 | €499 | €12 | -€487 | -97.6% |
| Furniture and vehicles | 24 | €20,668 | €14,558 | -€6,110 | -29.6% |
| Current assets | 29/58 | €159,559 | €131,814 | -€27,745 | -17.4% |
| Amounts receivable within one year | 40/41 | - | €18,500 | +€18,500 | |
| Trade receivables | 40 | - | €18,000 | +€18,000 | |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €159,559 | €112,841 | -€46,717 | -29.3% |
| Deferred charges and accrued income | 490/1 | - | €472 | +€472 | |
| Total equity and liabilities | 10/49 | €180,726 | €146,384 | -€34,342 | -19.0% |
| Equity | 10/15 | €179,755 | €31,515 | -€148,241 | -82.5% |
| Contributions | 10/11 | €8,888 | €8,888 | = | 0.0% |
| Reserves | 13 | €175,473 | €22,627 | -€152,846 | -87.1% |
| Distributable reserves | 133 | €175,473 | €22,627 | -€152,846 | -87.1% |
| Profit (loss) carried forward | 14 | -€4,605 | - | +€4,605 | |
| Amounts payable | 17/49 | €971 | €114,869 | +€113,898 | +11729.3% |
| Amounts payable within one year | 42/48 | €971 | €114,869 | +€113,898 | +11729.3% |
| Trade debts | 44 | €335 | €750 | +€415 | +123.6% |
| Suppliers | 440/4 | €335 | €750 | +€415 | +123.6% |
| Taxes, remuneration and social security | 45 | €549 | €29,053 | +€28,504 | +5191.1% |
| Taxes | 450/3 | €549 | €29,053 | +€28,504 | +5191.1% |
| Other amounts payable | 47/48 | €87 | €85,067 | +€84,980 | +98050.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,306 | €6,597 | -€708 | -9.7% |
| Other operating charges | 640/8 | €118 | €519 | +€401 | +340.2% |
| Gross operating margin | 9900 | €4,034 | €67,851 | +€63,817 | +1581.9% |
| Operating profit (loss) | 9901 | -€3,390 | €60,734 | +€64,124 | |
| Financial charges | 65/66B | €101 | €85 | -€16 | -15.4% |
| Recurring financial charges | 65 | €101 | €85 | -€16 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,491 | €60,649 | +€64,139 | |
| Income taxes | 67/77 | €1,115 | €14,772 | +€13,657 | +1225.4% |
| Profit (loss) for the period | 9904 | -€4,605 | €45,877 | +€50,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,605 | €45,877 | +€50,482 |
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 8 October 2026 via checked.be.