BALC beheer: 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.
BALC beheer
Largest movements
- Cash +€43,375
up €43,375 (+55.0%), from €78,909 to €122,284
mainly Depreciation (+€103,284) and Net result for the year (+€18,879)
- Tangible fixed assets -€41,811
down €41,811 (-1.6%), from €2.6m to €2.6m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€58,684
up €58,684 (+39.2%), from €149,676 to €208,360
- Other operating charges +€25,838
up €25,838 (+43.5%), from €59,374 to €85,212
- Depreciation +€5,187
up €5,187 (+5.3%), from €98,097 to €103,284
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 | €2,700,102 | €2,699,468 | -€634 | 0.0% |
| Fixed assets | 21/28 | €2,611,619 | €2,569,807 | -€41,811 | -1.6% |
| Tangible fixed assets | 22/27 | €2,611,619 | €2,569,807 | -€41,811 | -1.6% |
| Land and buildings | 22 | €2,611,619 | €2,569,807 | -€41,811 | -1.6% |
| Current assets | 29/58 | €88,484 | €129,660 | +€41,177 | +46.5% |
| Amounts receivable within one year | 40/41 | €2,526 | €153 | -€2,373 | -93.9% |
| Other amounts receivable | 41 | €2,526 | €153 | -€2,373 | -93.9% |
| Cash at bank and in hand | 54/58 | €78,909 | €122,284 | +€43,375 | +55.0% |
| Deferred charges and accrued income | 490/1 | €7,049 | €7,223 | +€175 | +2.5% |
| Total equity and liabilities | 10/49 | €2,700,102 | €2,699,468 | -€634 | 0.0% |
| Equity | 10/15 | €2,567,777 | €2,586,656 | +€18,879 | +0.7% |
| Contributions | 10/11 | €2,710,000 | €2,710,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,223 | -€123,344 | +€18,879 | +13.3% |
| Amounts payable | 17/49 | €132,325 | €112,812 | -€19,514 | -14.7% |
| Amounts payable after more than one year | 17 | €57,213 | €37,240 | -€19,973 | -34.9% |
| Financial debts | 170/4 | €57,213 | €37,240 | -€19,973 | -34.9% |
| Amounts payable within one year | 42/48 | €75,112 | €75,572 | +€459 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €19,737 | €19,973 | +€236 | +1.2% |
| Trade debts | 44 | €9,625 | €7,747 | -€1,878 | -19.5% |
| Suppliers | 440/4 | €9,625 | €7,747 | -€1,878 | -19.5% |
| Other amounts payable | 47/48 | €45,750 | €47,852 | +€2,102 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,097 | €103,284 | +€5,187 | +5.3% |
| Other operating charges | 640/8 | €59,374 | €85,212 | +€25,838 | +43.5% |
| Gross operating margin | 9900 | €149,676 | €208,360 | +€58,684 | +39.2% |
| Operating profit (loss) | 9901 | -€7,795 | €19,864 | +€27,660 | |
| Financial charges | 65/66B | €1,150 | €985 | -€165 | -14.3% |
| Recurring financial charges | 65 | €1,150 | €985 | -€165 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,945 | €18,879 | +€27,824 | |
| Profit (loss) for the period | 9904 | -€8,945 | €18,879 | +€27,824 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,945 | €18,879 | +€27,824 |
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 20 October 2026 via checked.be.