BALCAN 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.
BALCAN CONSULTING
Largest movements
- Cash -€93,750
down €93,750 (-79.1%), from €118,500 to €24,750
mainly Contributions, distributions and other (-€165,000) and Debts after one year (-€15,629)
- Receivables within one year -€54,120
down €54,120 (-85.4%), from €63,410 to €9,289
of which Other amounts receivable: -€50,169
- Deferred charges and accrued income +€7,954
new in 2025: €7,954
- Tangible fixed assets -€5,082
down €5,082 (-12.4%), from €41,142 to €36,060
of which Furniture and vehicles: -€8,766
- Profit (loss) carried forward -€111,782
down €111,782 (-67.6%), from €165,391 to €53,609
- Debts after one year -€15,629
no longer reported in 2025 (was €15,629)
- Tax, wage and social debts -€14,637
down €14,637 (-92.0%), from €15,912 to €1,276
- Other debts -€2,685
down €2,685 (-99.1%), from €2,709 to €24
- Gross operating margin -€10,949
down €10,949 (-12.0%), from €91,058 to €80,109
- Purchases and services +€5,767
up €5,767 (+9.2%), from €62,546 to €68,313
- Turnover -€5,182
down €5,182 (-3.4%), from €153,603 to €148,421
- Taxes -€2,068
down €2,068 (-13.0%), from €15,850 to €13,782
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 | €223,107 | €79,113 | -€143,993 | -64.5% |
| Fixed assets | 21/28 | €41,197 | €36,115 | -€5,082 | -12.3% |
| Tangible fixed assets | 22/27 | €41,142 | €36,060 | -€5,082 | -12.4% |
| Plant, machinery and equipment | 23 | - | €3,684 | +€3,684 | |
| Furniture and vehicles | 24 | €41,142 | €32,376 | -€8,766 | -21.3% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €181,910 | €42,998 | -€138,911 | -76.4% |
| Stocks and contracts in progress | 3 | - | €1,006 | +€1,006 | |
| Stocks | 30/36 | - | €1,006 | +€1,006 | |
| Amounts receivable within one year | 40/41 | €63,410 | €9,289 | -€54,120 | -85.4% |
| Trade receivables | 40 | €13,149 | €9,198 | -€3,951 | -30.0% |
| Other amounts receivable | 41 | €50,260 | €91 | -€50,169 | -99.8% |
| Cash at bank and in hand | 54/58 | €118,500 | €24,750 | -€93,750 | -79.1% |
| Deferred charges and accrued income | 490/1 | - | €7,954 | +€7,954 | |
| Total equity and liabilities | 10/49 | €223,107 | €79,113 | -€143,993 | -64.5% |
| Equity | 10/15 | €170,391 | €58,609 | -€111,782 | -65.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €165,391 | €53,609 | -€111,782 | -67.6% |
| Amounts payable | 17/49 | €52,716 | €20,504 | -€32,212 | -61.1% |
| Amounts payable after more than one year | 17 | €15,629 | - | -€15,629 | |
| Financial debts | 170/4 | €15,629 | - | -€15,629 | |
| Amounts payable within one year | 42/48 | €37,087 | €20,504 | -€16,583 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €16,441 | €15,629 | -€812 | -4.9% |
| Trade debts | 44 | €2,025 | €3,576 | +€1,551 | +76.6% |
| Suppliers | 440/4 | €2,015 | €3,576 | +€1,561 | +77.4% |
| Bills of exchange payable | 441 | €9 | - | -€9 | |
| Taxes, remuneration and social security | 45 | €15,912 | €1,276 | -€14,637 | -92.0% |
| Taxes | 450/3 | €15,912 | €1,276 | -€14,637 | -92.0% |
| Other amounts payable | 47/48 | €2,709 | €24 | -€2,685 | -99.1% |
| Turnover | 70 | €153,603 | €148,421 | -€5,182 | -3.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,546 | €68,313 | +€5,767 | +9.2% |
| Remuneration, social security and pensions | 62 | €431 | €421 | -€10 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,192 | €12,061 | +€869 | +7.8% |
| Other operating charges | 640/8 | €330 | €101 | -€229 | -69.4% |
| Gross operating margin | 9900 | €91,058 | €80,109 | -€10,949 | -12.0% |
| Operating profit (loss) | 9901 | €79,105 | €67,526 | -€11,580 | -14.6% |
| Financial income | 75/76B | €851 | €640 | -€211 | -24.8% |
| Recurring financial income | 75 | €851 | €640 | -€211 | -24.8% |
| Financial charges | 65/66B | €1,988 | €1,165 | -€823 | -41.4% |
| Recurring financial charges | 65 | €1,988 | €1,165 | -€823 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €77,968 | €67,000 | -€10,968 | -14.1% |
| Income taxes | 67/77 | €15,850 | €13,782 | -€2,068 | -13.0% |
| Profit (loss) for the period | 9904 | €62,119 | €53,218 | -€8,900 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,119 | €53,218 | -€8,900 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.