BALCOM: what changed
Two fiscal 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.
BALCOM
Largest movements
- Tangible fixed assets -€8,200
down €8,200 (-25.0%), from €32,800 to €24,600
- Cash +€3,751
up €3,751 (+194.6%), from €1,927 to €5,677
mainly Depreciation (+€8,200) and Current portion of long-term debt (+€6,769)
- Receivables within one year -€2,523
down €2,523 (-9.0%), from €28,176 to €25,653
of which Other amounts receivable: -€6,660
- Profit (loss) carried forward -€17,139
down €17,139, from €14,965 to -€2,174
- Short-term financial debts -€7,067
no longer reported in 2025 (was €7,067)
- Current portion of long-term debt +€6,769
up €6,769 (+65.6%), from €10,323 to €17,092
- Trade debts +€6,192
up €6,192 (+1398.3%), from €443 to €6,635
- Debts after one year +€4,952
up €4,952 (+33.8%), from €14,647 to €19,600
- Gross operating margin -€32,215
down €32,215 (-61.3%), from €52,554 to €20,338
- Staff costs -€12,614
down €12,614 (-35.1%), from €35,911 to €23,297
- Depreciation +€6,200
up €6,200 (+310.0%), from €2,000 to €8,200
- Other operating charges -€4,193
down €4,193 (-60.2%), from €6,963 to €2,769
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.
Cash bridge derived
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 | €71,903 | €64,931 | -€6,972 | -9.7% |
| Fixed assets | 21/28 | €41,800 | €33,600 | -€8,200 | -19.6% |
| Tangible fixed assets | 22/27 | €32,800 | €24,600 | -€8,200 | -25.0% |
| Furniture and vehicles | 24 | €32,800 | €24,600 | -€8,200 | -25.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €30,103 | €31,331 | +€1,228 | +4.1% |
| Amounts receivable within one year | 40/41 | €28,176 | €25,653 | -€2,523 | -9.0% |
| Trade receivables | 40 | €21,515 | €25,653 | +€4,138 | +19.2% |
| Other amounts receivable | 41 | €6,660 | - | -€6,660 | |
| Cash at bank and in hand | 54/58 | €1,927 | €5,677 | +€3,751 | +194.6% |
| Total equity and liabilities | 10/49 | €71,903 | €64,931 | -€6,972 | -9.7% |
| Equity | 10/15 | €33,565 | €16,426 | -€17,139 | -51.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | €14,965 | -€2,174 | -€17,139 | |
| Amounts payable | 17/49 | €38,337 | €48,505 | +€10,167 | +26.5% |
| Amounts payable after more than one year | 17 | €14,647 | €19,600 | +€4,952 | +33.8% |
| Financial debts | 170/4 | €14,647 | €19,600 | +€4,952 | +33.8% |
| Amounts payable within one year | 42/48 | €23,690 | €28,905 | +€5,215 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €10,323 | €17,092 | +€6,769 | +65.6% |
| Financial debts | 43 | €7,067 | - | -€7,067 | |
| Credit institutions | 430/8 | €7,067 | - | -€7,067 | |
| Trade debts | 44 | €443 | €6,635 | +€6,192 | +1398.3% |
| Suppliers | 440/4 | €443 | €6,635 | +€6,192 | +1398.3% |
| Taxes, remuneration and social security | 45 | €5,857 | €3,510 | -€2,347 | -40.1% |
| Taxes | 450/3 | €5,731 | €3,510 | -€2,221 | -38.8% |
| Remuneration and social security | 454/9 | €127 | - | -€127 | |
| Other amounts payable | 47/48 | - | €1,668 | +€1,668 | |
| Remuneration, social security and pensions | 62 | €35,911 | €23,297 | -€12,614 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €8,200 | +€6,200 | +310.0% |
| Other operating charges | 640/8 | €6,963 | €2,769 | -€4,193 | -60.2% |
| Gross operating margin | 9900 | €52,554 | €20,338 | -€32,215 | -61.3% |
| Operating profit (loss) | 9901 | €7,680 | -€13,928 | -€21,608 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +2900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2900.0% |
| Financial charges | 65/66B | €2,765 | €3,212 | +€447 | +16.2% |
| Recurring financial charges | 65 | €2,765 | €3,212 | +€447 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €4,914 | -€17,139 | -€22,054 | |
| Profit (loss) for the period | 9904 | €4,914 | -€17,139 | -€22,054 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,914 | -€17,139 | -€22,054 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.