Balbo Consulting: 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.
Balbo Consulting
Largest movements
- Cash +€36,686
up €36,686 (+40.0%), from €91,679 to €128,366
mainly Net result for the year (+€22,663) and Tax, wage and social debts (+€7,082)
- Receivables within one year +€1,565
up €1,565 (+23.1%), from €6,784 to €8,349
- Profit (loss) carried forward +€22,663
up €22,663 (+31.3%), from €72,307 to €94,970
- Tax, wage and social debts +€7,082
up €7,082 (+55.6%), from €12,747 to €19,830
- Other debts +€5,190
up €5,190 (+37.6%), from €13,794 to €18,984
- Trade debts +€2,494
up €2,494 (+120%), from €2,070 to €4,565
- Gross operating margin -€11,281
down €11,281 (-26.6%), from €42,456 to €31,175
- Taxes -€2,063
down €2,063 (-23.4%), from €8,834 to €6,771
- Financial income +€772
up €772 (+7,720%), from €10 to €782
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 | €101,918 | €139,348 | +€37,430 | +36.7% |
| Fixed assets | 21/28 | €3,455 | €2,633 | -€822 | -23.8% |
| Tangible fixed assets | 22/27 | €3,455 | €2,633 | -€822 | -23.8% |
| Plant, machinery and equipment | 23 | €357 | €253 | -€104 | -29.1% |
| Furniture and vehicles | 24 | €3,098 | €2,381 | -€718 | -23.2% |
| Current assets | 29/58 | €98,463 | €136,715 | +€38,252 | +38.8% |
| Amounts receivable within one year | 40/41 | €6,784 | €8,349 | +€1,565 | +23.1% |
| Trade receivables | 40 | €6,784 | €8,349 | +€1,565 | +23.1% |
| Cash at bank and in hand | 54/58 | €91,679 | €128,366 | +€36,686 | +40.0% |
| Total equity and liabilities | 10/49 | €101,918 | €139,348 | +€37,430 | +36.7% |
| Equity | 10/15 | €73,307 | €95,970 | +€22,663 | +30.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,307 | €94,970 | +€22,663 | +31.3% |
| Amounts payable | 17/49 | €28,611 | €43,378 | +€14,767 | +51.6% |
| Amounts payable within one year | 42/48 | €28,611 | €43,378 | +€14,767 | +51.6% |
| Trade debts | 44 | €2,070 | €4,565 | +€2,494 | +120% |
| Suppliers | 440/4 | €2,070 | €4,565 | +€2,494 | +120% |
| Taxes, remuneration and social security | 45 | €12,747 | €19,830 | +€7,082 | +55.6% |
| Taxes | 450/3 | €12,747 | €19,830 | +€7,082 | +55.6% |
| Other amounts payable | 47/48 | €13,794 | €18,984 | +€5,190 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €822 | -€45 | -5.2% |
| Other operating charges | 640/8 | €126 | €528 | +€402 | +319% |
| Gross operating margin | 9900 | €42,456 | €31,175 | -€11,281 | -26.6% |
| Operating profit (loss) | 9901 | €41,463 | €29,825 | -€11,638 | -28.1% |
| Financial income | 75/76B | €10 | €782 | +€772 | +7,720% |
| Recurring financial income | 75 | €10 | €782 | +€772 | +7,720% |
| Financial charges | 65/66B | €925 | €1,173 | +€248 | +26.8% |
| Recurring financial charges | 65 | €925 | €1,173 | +€248 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €40,548 | €29,434 | -€11,114 | -27.4% |
| Income taxes | 67/77 | €8,834 | €6,771 | -€2,063 | -23.4% |
| Profit (loss) for the period | 9904 | €31,714 | €22,663 | -€9,051 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,714 | €22,663 | -€9,051 | -28.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.