BALBOIS: 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.
BALBOIS
Largest movements
- Stocks and contracts -€204,550
down €204,550 (-72.1%), from €283,836 to €79,286
of which Stocks: -€191,500
- Receivables within one year +€125,241
up €125,241 (+207%), from €60,393 to €185,634
of which Trade receivables: +€121,275
- Tangible fixed assets -€51,886
down €51,886 (-19.2%), from €269,965 to €218,079
of which Furniture and vehicles: -€48,111
- Profit (loss) carried forward -€91,255
down €91,255 (-3,762%), from -€2,426 to -€93,681
- Debts after one year -€46,025
down €46,025 (-25.4%), from €180,913 to €134,888
- Trade debts +€16,104
up €16,104 (+49.2%), from €32,739 to €48,844
- Other debts -€14,138
down €14,138 (-3.4%), from €413,564 to €399,426
- Gross operating margin -€87,348
down €87,348, from €71,151 to -€16,197
- Other operating charges -€18,987
down €18,987 (-95.2%), from €19,954 to €968
- Depreciation -€8,909
down €8,909 (-14.7%), from €60,795 to €51,886
- Staff costs +€2,294
up €2,294 (+21.1%), from €10,880 to €13,174
- Financial charges +€847
up €847 (+10.5%), from €8,081 to €8,928
of which Non-recurring financial charges: +€1,986
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 | €684,390 | €555,419 | -€128,971 | -18.8% |
| Fixed assets | 21/28 | €325,924 | €274,038 | -€51,886 | -15.9% |
| Tangible fixed assets | 22/27 | €269,965 | €218,079 | -€51,886 | -19.2% |
| Land and buildings | 22 | €21,950 | €21,507 | -€443 | -2.0% |
| Plant, machinery and equipment | 23 | €19,682 | €16,350 | -€3,332 | -16.9% |
| Furniture and vehicles | 24 | €228,333 | €180,222 | -€48,111 | -21.1% |
| Financial fixed assets | 28 | €55,959 | €55,959 | = | 0.0% |
| Current assets | 29/58 | €358,466 | €281,381 | -€77,085 | -21.5% |
| Stocks and contracts in progress | 3 | €283,836 | €79,286 | -€204,550 | -72.1% |
| Stocks | 30/36 | €270,786 | €79,286 | -€191,500 | -70.7% |
| Contracts in progress | 37 | €13,050 | - | -€13,050 | |
| Amounts receivable within one year | 40/41 | €60,393 | €185,634 | +€125,241 | +207% |
| Trade receivables | 40 | €57,622 | €178,897 | +€121,275 | +210% |
| Other amounts receivable | 41 | €2,771 | €6,737 | +€3,965 | +143% |
| Cash at bank and in hand | 54/58 | €11,292 | €12,474 | +€1,181 | +10.5% |
| Deferred charges and accrued income | 490/1 | €2,945 | €3,988 | +€1,043 | +35.4% |
| Total equity and liabilities | 10/49 | €684,390 | €555,419 | -€128,971 | -18.8% |
| Equity | 10/15 | €25,341 | -€65,914 | -€91,255 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | - | -€6,197 | |
| Other | 1109/19 | €6,197 | - | -€6,197 | |
| Revaluation surpluses | 12 | €9,800 | €9,800 | = | 0.0% |
| Reserves | 13 | €11,769 | €11,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €374 | €374 | = | 0.0% |
| Reserves not available under the articles | 1311 | €374 | €374 | = | 0.0% |
| Distributable reserves | 133 | €11,395 | €11,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,426 | -€93,681 | -€91,255 | -3,762% |
| Amounts payable | 17/49 | €659,049 | €621,333 | -€37,716 | -5.7% |
| Amounts payable after more than one year | 17 | €180,913 | €134,888 | -€46,025 | -25.4% |
| Financial debts | 170/4 | €180,913 | €134,888 | -€46,025 | -25.4% |
| Amounts payable within one year | 42/48 | €478,136 | €486,445 | +€8,309 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €28,821 | €32,581 | +€3,760 | +13.0% |
| Trade debts | 44 | €32,739 | €48,844 | +€16,104 | +49.2% |
| Suppliers | 440/4 | €32,739 | €48,844 | +€16,104 | +49.2% |
| Taxes, remuneration and social security | 45 | €3,011 | €5,595 | +€2,584 | +85.8% |
| Taxes | 450/3 | €1,796 | €1,617 | -€179 | -10.0% |
| Remuneration and social security | 454/9 | €1,215 | €3,978 | +€2,763 | +227% |
| Other amounts payable | 47/48 | €413,564 | €399,426 | -€14,138 | -3.4% |
| Remuneration, social security and pensions | 62 | €10,880 | €13,174 | +€2,294 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,795 | €51,886 | -€8,909 | -14.7% |
| Other operating charges | 640/8 | €19,954 | €968 | -€18,987 | -95.2% |
| Gross operating margin | 9900 | €71,151 | -€16,197 | -€87,348 | |
| Operating profit (loss) | 9901 | -€20,478 | -€82,224 | -€61,746 | -302% |
| Financial income | 75/76B | €232 | - | -€232 | |
| Recurring financial income | 75 | €232 | - | -€232 | |
| Financial charges | 65/66B | €8,081 | €8,928 | +€847 | +10.5% |
| Recurring financial charges | 65 | €8,081 | €6,942 | -€1,138 | -14.1% |
| Non-recurring financial charges | 66B | - | €1,986 | +€1,986 | |
| Profit (loss) for the period before taxes | 9903 | -€28,326 | -€91,152 | -€62,826 | -222% |
| Income taxes | 67/77 | €97 | €103 | +€6 | +5.9% |
| Profit (loss) for the period | 9904 | -€28,424 | -€91,255 | -€62,831 | -221% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,424 | -€91,255 | -€62,831 | -221% |
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 19 October 2026 via checked.be.