Balegno: what changed
What changed
Balegno
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€1,607
2024 · -€1,495-€113
Equity
€5,099
2024 · €6,706-€1,607
Cash
€14,399
2024 · €31,452-€17,052
Balance sheet total
€79,854
2024 · €104,907-€25,053
Largest movements
Assets
- Cash -€17,052
down €17,052 (-54.2%), from €31,452 to €14,399
mainly Trade debts (-€10,901) and Current portion of long-term debt (-€7,029)
- Tangible fixed assets -€13,095
down €13,095 (-53.6%), from €24,413 to €11,318
of which Leasing and similar rights: -€9,787
- Deferred charges and accrued income +€5,130
up €5,130 (+362%), from €1,417 to €6,547
Equity and liabilities
- Trade debts -€10,901
down €10,901 (-25.9%), from €42,039 to €31,138
- Current portion of long-term debt -€7,029
down €7,029 (-84.9%), from €8,275 to €1,246
- Profit (loss) carried forward -€5,407
down €5,407 (-94.8%), from €5,706 to €299
- Debts after one year -€4,172
down €4,172 (-28.2%), from €14,770 to €10,598
of which Other amounts payable: -€2,926
- Reserves +€3,800
new in 2025: €3,800
Income statement
- Depreciation -€6,181
down €6,181 (-29.0%), from €21,281 to €15,100
- Gross operating margin -€5,881
down €5,881 (-24.1%), from €24,377 to €18,496
- Financial charges -€1,132
down €1,132 (-27.4%), from €4,127 to €2,995
- Taxes +€587
up €587 (+307%), from €191 to €778
- Other operating charges +€499
up €499 (+42.2%), from €1,181 to €1,680
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1,495
Gross operating margin
-€5,881
Depreciation
+€6,181
Other operating charges
-€499
Financial income
-€459
Financial charges
+€1,132
Taxes
-€587
Result 2025
-€1,607
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€3,662
Investment
-€2,005
Financing
-€11,385
Cash 2024
€31,452
From operations (derived)
-€3,662
Net result for the year
-€1,607
Depreciation
+€15,100
Stocks and contracts
-€95
Receivables within one year
+€130
Deferred charges and accrued income
-€5,130
Trade debts
-€10,901
Tax, wage and social debts
-€43
Other debts
-€1,301
Accrued charges and deferred income
+€185
Investment (derived)
-€2,005
Investment in fixed assets (net)
-€2,005
Financing
-€11,385
Debts after one year
-€4,172
Current portion of long-term debt
-€7,029
Short-term financial debts
-€185
Cash 2025
€14,399
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,907 | €79,854 | -€25,053 | -23.9% |
| Fixed assets | 21/28 | €29,363 | €16,268 | -€13,095 | -44.6% |
| Tangible fixed assets | 22/27 | €24,413 | €11,318 | -€13,095 | -53.6% |
| Plant, machinery and equipment | 23 | €1,995 | €2,696 | +€702 | +35.2% |
| Furniture and vehicles | 24 | €11,816 | €7,806 | -€4,010 | -33.9% |
| Leasing and similar rights | 25 | €10,603 | €816 | -€9,787 | -92.3% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €75,544 | €63,587 | -€11,957 | -15.8% |
| Amounts receivable after more than one year | 29 | €8,000 | €8,000 | = | 0.0% |
| Other amounts receivable | 291 | €8,000 | €8,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,230 | €2,325 | +€95 | +4.3% |
| Stocks | 30/36 | €2,230 | €2,325 | +€95 | +4.3% |
| Amounts receivable within one year | 40/41 | €32,445 | €32,315 | -€130 | -0.4% |
| Trade receivables | 40 | €22,939 | €30,506 | +€7,567 | +33.0% |
| Other amounts receivable | 41 | €9,506 | €1,809 | -€7,697 | -81.0% |
| Cash at bank and in hand | 54/58 | €31,452 | €14,399 | -€17,052 | -54.2% |
| Deferred charges and accrued income | 490/1 | €1,417 | €6,547 | +€5,130 | +362% |
| Total equity and liabilities | 10/49 | €104,907 | €79,854 | -€25,053 | -23.9% |
| Equity | 10/15 | €6,706 | €5,099 | -€1,607 | -24.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €3,800 | +€3,800 | |
| Distributable reserves | 133 | - | €3,800 | +€3,800 | |
| Profit (loss) carried forward | 14 | €5,706 | €299 | -€5,407 | -94.8% |
| Amounts payable | 17/49 | €98,201 | €74,756 | -€23,445 | -23.9% |
| Amounts payable after more than one year | 17 | €14,770 | €10,598 | -€4,172 | -28.2% |
| Financial debts | 170/4 | €1,246 | - | -€1,246 | |
| Other amounts payable | 178/9 | €13,524 | €10,598 | -€2,926 | -21.6% |
| Amounts payable within one year | 42/48 | €82,834 | €63,376 | -€19,458 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €8,275 | €1,246 | -€7,029 | -84.9% |
| Financial debts | 43 | €27,499 | €27,314 | -€185 | -0.7% |
| Credit institutions | 430/8 | €24,687 | €24,687 | = | 0.0% |
| Other loans | 439 | €2,812 | €2,627 | -€185 | -6.6% |
| Trade debts | 44 | €42,039 | €31,138 | -€10,901 | -25.9% |
| Suppliers | 440/4 | €42,039 | €31,138 | -€10,901 | -25.9% |
| Taxes, remuneration and social security | 45 | €3,585 | €3,542 | -€43 | -1.2% |
| Taxes | 450/3 | €928 | €3,542 | +€2,615 | +282% |
| Remuneration and social security | 454/9 | €2,657 | - | -€2,657 | |
| Other amounts payable | 47/48 | €1,437 | €135 | -€1,301 | -90.6% |
| Accrued charges and deferred income | 492/3 | €597 | €782 | +€185 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,281 | €15,100 | -€6,181 | -29.0% |
| Other operating charges | 640/8 | €1,181 | €1,680 | +€499 | +42.2% |
| Gross operating margin | 9900 | €24,377 | €18,496 | -€5,881 | -24.1% |
| Operating profit (loss) | 9901 | €1,915 | €1,716 | -€199 | -10.4% |
| Financial income | 75/76B | €909 | €450 | -€459 | -50.5% |
| Recurring financial income | 75 | €909 | €450 | -€459 | -50.5% |
| Financial charges | 65/66B | €4,127 | €2,995 | -€1,132 | -27.4% |
| Recurring financial charges | 65 | €4,127 | €2,995 | -€1,132 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,303 | -€829 | +€474 | +36.4% |
| Income taxes | 67/77 | €191 | €778 | +€587 | +307% |
| Profit (loss) for the period | 9904 | -€1,495 | -€1,607 | -€113 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,495 | -€1,607 | -€113 | -7.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.