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BALDERIJ: 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.

What changed

BALDERIJ

BE 0433.794.886
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€20,631
2024 · -€13,104-€7,528
Equity
€281,204
2024 · €301,835-€20,631
Cash
€176,192
2024 · €195,751-€19,560
Balance sheet total
€281,372
2024 · €305,913-€24,541

Largest movements

2024 to 2025
Assets
  • Cash -€19,560

    down €19,560 (-10.0%), from €195,751 to €176,192

    mainly Net result for the year (-€20,631) and Other debts (-€3,525)

  • Receivables within one year -€4,575

    down €4,575 (-45.4%), from €10,075 to €5,500

Equity and liabilities
  • Profit (loss) carried forward -€20,631

    down €20,631 (-2.3%), from -€885,079 to -€905,711

  • Other debts -€3,525

    down €3,525 (-98.9%), from €3,565 to €40

Income statement
  • Gross operating margin -€7,435

    down €7,435 (-80.4%), from -€9,251 to -€16,686

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€13,104
Gross operating margin -€7,435
Other operating charges -€135
Financial charges -€26
Taxes +€68
Result 2025 -€20,631

Cash bridge derived

cash 2024 to 2025

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.

From operations -€19,560
Investment €0
Financing €0
Cash 2024 €195,751
Net result for the year -€20,631
Receivables within one year +€4,575
Deferred charges and accrued income +€407
Other debts -€3,525
Accrued charges and deferred income -€385
Cash 2025 €176,192
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €305,913 €281,372 -€24,541 -8.0%
Fixed assets 21/28 €99,680 €99,680 = 0.0%
Tangible fixed assets 22/27 €99,680 €99,680 = 0.0%
Land and buildings 22 €99,680 €99,680 = 0.0%
Current assets 29/58 €206,233 €181,692 -€24,541 -11.9%
Amounts receivable within one year 40/41 €10,075 €5,500 -€4,575 -45.4%
Other amounts receivable 41 €10,075 €5,500 -€4,575 -45.4%
Cash at bank and in hand 54/58 €195,751 €176,192 -€19,560 -10.0%
Deferred charges and accrued income 490/1 €407 €0 -€407 -100.0%
Total equity and liabilities 10/49 €305,913 €281,372 -€24,541 -8.0%
Equity 10/15 €301,835 €281,204 -€20,631 -6.8%
Contributions 10/11 €1,186,914 €1,186,914 = 0.0%
Capital 10 €1,186,914 €1,186,914 = 0.0%
Issued capital 100 €1,186,914 €1,186,914 = 0.0%
Profit (loss) carried forward 14 -€885,079 -€905,711 -€20,631 -2.3%
Amounts payable 17/49 €4,078 €168 -€3,910 -95.9%
Amounts payable within one year 42/48 €3,565 €40 -€3,525 -98.9%
Other amounts payable 47/48 €3,565 €40 -€3,525 -98.9%
Accrued charges and deferred income 492/3 €513 €128 -€385 -75.1%
Other operating charges 640/8 €4,333 €4,467 +€135 +3.1%
Gross operating margin 9900 -€9,251 -€16,686 -€7,435 -80.4%
Operating profit (loss) 9901 -€13,583 -€21,153 -€7,569 -55.7%
Financial income 75/76B €625 €625 = 0.0%
Recurring financial income 75 €625 €625 = 0.0%
Financial charges 65/66B €78 €104 +€26 +32.9%
Recurring financial charges 65 €78 €104 +€26 +32.9%
Profit (loss) for the period before taxes 9903 -€13,036 -€20,631 -€7,595 -58.3%
Income taxes 67/77 €68 €0 -€68 -100.0%
Profit (loss) for the period 9904 -€13,104 -€20,631 -€7,528 -57.4%
Profit (loss) for the period to be appropriated 9905 -€13,104 -€20,631 -€7,528 -57.4%

Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.