Balderia: 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.
Balderia
Largest movements
- Receivables within one year +€3,126
up €3,126 (+126%), from €2,482 to €5,608
of which Trade receivables: +€3,548
- Financial fixed assets -€2,000
no longer reported in 2025 (was €2,000)
- Stocks and contracts +€1,204
new in 2025: €1,204
- Tangible fixed assets -€172
down €172 (-19.6%), from €878 to €706
- Cash -€148
down €148 (-40.5%), from €366 to €218
mainly Receivables within one year (-€3,126) and Stocks and contracts (-€1,204)
- Trade debts +€1,048
up €1,048 (+435%), from €241 to €1,289
- Other debts +€844
up €844 (+11.4%), from €7,386 to €8,230
- Profit (loss) carried forward +€118
up €118 (+3.0%), from -€3,902 to -€3,783
- Gross operating margin +€1,210
up €1,210 (+48.9%), from €2,473 to €3,684
- Other operating charges -€679
down €679 (-32.8%), from €2,072 to €1,393
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 | €5,726 | €7,735 | +€2,010 | +35.1% |
| Fixed assets | 21/28 | €2,878 | €706 | -€2,172 | -75.5% |
| Tangible fixed assets | 22/27 | €878 | €706 | -€172 | -19.6% |
| Plant, machinery and equipment | 23 | €878 | €706 | -€172 | -19.6% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €2,848 | €7,030 | +€4,182 | +147% |
| Stocks and contracts in progress | 3 | - | €1,204 | +€1,204 | |
| Stocks | 30/36 | - | €1,204 | +€1,204 | |
| Amounts receivable within one year | 40/41 | €2,482 | €5,608 | +€3,126 | +126% |
| Trade receivables | 40 | - | €3,548 | +€3,548 | |
| Other amounts receivable | 41 | €2,482 | €2,061 | -€421 | -17.0% |
| Cash at bank and in hand | 54/58 | €366 | €218 | -€148 | -40.5% |
| Total equity and liabilities | 10/49 | €5,726 | €7,735 | +€2,010 | +35.1% |
| Equity | 10/15 | -€1,902 | -€1,783 | +€118 | +6.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,902 | -€3,783 | +€118 | +3.0% |
| Amounts payable | 17/49 | €7,627 | €9,519 | +€1,892 | +24.8% |
| Amounts payable within one year | 42/48 | €7,627 | €9,519 | +€1,892 | +24.8% |
| Trade debts | 44 | €241 | €1,289 | +€1,048 | +435% |
| Suppliers | 440/4 | €241 | €1,289 | +€1,048 | +435% |
| Other amounts payable | 47/48 | €7,386 | €8,230 | +€844 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172 | €172 | = | 0.0% |
| Other operating charges | 640/8 | €2,072 | €1,393 | -€679 | -32.8% |
| Non-recurring operating charges | 66A | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €2,473 | €3,684 | +€1,210 | +48.9% |
| Operating profit (loss) | 9901 | €229 | €118 | -€111 | -48.3% |
| Financial charges | 65/66B | €5 | - | -€5 | |
| Recurring financial charges | 65 | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | €224 | €118 | -€106 | -47.2% |
| Profit (loss) for the period | 9904 | €224 | €118 | -€106 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €224 | €118 | -€106 | -47.2% |
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 17 October 2026 via checked.be.