BALBAL: what changed
Two financial 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.
BALBAL
Largest movements
- Cash +€36,601
up €36,601 (+307%), from €11,911 to €48,512
mainly Net result for the year (+€34,153) and Receivables within one year (+€10,910)
- Receivables within one year -€10,910
down €10,910 (-30.3%), from €35,994 to €25,084
of which Trade receivables: -€25,000
- Stocks and contracts -€2,078
down €2,078 (-41.2%), from €5,046 to €2,968
- Tangible fixed assets -€1,573
down €1,573 (-51.3%), from €3,067 to €1,493
- Profit (loss) carried forward +€34,153
up €34,153 (+245%), from €13,937 to €48,090
- Current portion of long-term debt -€5,982
no longer reported in 2025 (was €5,982)
- Tax, wage and social debts -€5,932
no longer reported in 2025 (was €5,932)
- Staff costs -€31,408
down €31,408 (-37.3%), from €84,309 to €52,901
- Gross operating margin -€3,983
down €3,983 (-3.9%), from €101,461 to €97,478
- Taxes -€1,395
down €1,395 (-19.2%), from €7,272 to €5,877
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.
Derived cash bridge
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 | €56,138 | €78,177 | +€22,039 | +39.3% |
| Fixed assets | 21/28 | €3,187 | €1,613 | -€1,573 | -49.4% |
| Tangible fixed assets | 22/27 | €3,067 | €1,493 | -€1,573 | -51.3% |
| Furniture and vehicles | 24 | €3,067 | €1,493 | -€1,573 | -51.3% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €52,951 | €76,563 | +€23,612 | +44.6% |
| Stocks and contracts in progress | 3 | €5,046 | €2,968 | -€2,078 | -41.2% |
| Stocks | 30/36 | €5,046 | €2,968 | -€2,078 | -41.2% |
| Amounts receivable within one year | 40/41 | €35,994 | €25,084 | -€10,910 | -30.3% |
| Trade receivables | 40 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 41 | €10,994 | €25,084 | +€14,090 | +128% |
| Cash at bank and in hand | 54/58 | €11,911 | €48,512 | +€36,601 | +307% |
| Total equity and liabilities | 10/49 | €56,138 | €78,177 | +€22,039 | +39.3% |
| Equity | 10/15 | €14,037 | €48,190 | +€34,153 | +243% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,937 | €48,090 | +€34,153 | +245% |
| Amounts payable | 17/49 | €42,101 | €29,987 | -€12,114 | -28.8% |
| Amounts payable after more than one year | 17 | €28,021 | €28,021 | = | 0.0% |
| Financial debts | 170/4 | €28,021 | €28,021 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,080 | €1,966 | -€12,114 | -86.0% |
| Current portion of amounts payable after more than one year | 42 | €5,982 | - | -€5,982 | |
| Trade debts | 44 | €2,166 | €1,966 | -€201 | -9.3% |
| Suppliers | 440/4 | €2,166 | €1,966 | -€201 | -9.3% |
| Taxes, remuneration and social security | 45 | €5,932 | - | -€5,932 | |
| Taxes | 450/3 | €5,932 | - | -€5,932 | |
| Remuneration, social security and pensions | 62 | €84,309 | €52,901 | -€31,408 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,357 | €1,573 | -€783 | -33.2% |
| Other operating charges | 640/8 | €3,028 | €2,730 | -€298 | -9.8% |
| Gross operating margin | 9900 | €101,461 | €97,478 | -€3,983 | -3.9% |
| Operating profit (loss) | 9901 | €11,767 | €40,274 | +€28,506 | +242% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €639 | €243 | -€395 | -61.9% |
| Recurring financial charges | 65 | €639 | €243 | -€395 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €11,129 | €40,030 | +€28,902 | +260% |
| Income taxes | 67/77 | €7,272 | €5,877 | -€1,395 | -19.2% |
| Profit (loss) for the period | 9904 | €3,857 | €34,153 | +€30,297 | +786% |
| Profit (loss) for the period to be appropriated | 9905 | €3,857 | €34,153 | +€30,297 | +786% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.