BALERA: 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.
BALERA
Largest movements
- Tangible fixed assets -€17,789
down €17,789 (-2.5%), from €704,647 to €686,859
of which Land and buildings: -€17,355
- Debts after one year -€43,893
down €43,893 (-7.4%), from €597,155 to €553,262
- Other debts +€31,453
up €31,453 (+19.1%), from €164,706 to €196,159
- Tax, wage and social debts -€15,777
no longer reported in 2025 (was €15,777)
- Taxes +€38,273
new in 2025: €38,273
- Financial charges -€36,428
down €36,428 (-63.3%), from €57,558 to €21,129
of which Non-recurring financial charges: -€31,059
- Other operating charges -€5,269
down €5,269 (-30.7%), from €17,183 to €11,914
- Gross operating margin -€980
down €980 (-1.0%), from €93,588 to €92,607
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 | €916,196 | €900,821 | -€15,375 | -1.7% |
| Fixed assets | 21/28 | €704,647 | €686,859 | -€17,789 | -2.5% |
| Tangible fixed assets | 22/27 | €704,647 | €686,859 | -€17,789 | -2.5% |
| Land and buildings | 22 | €702,869 | €685,514 | -€17,355 | -2.5% |
| Plant, machinery and equipment | 23 | €1,778 | €1,345 | -€433 | -24.4% |
| Current assets | 29/58 | €211,548 | €213,962 | +€2,414 | +1.1% |
| Amounts receivable within one year | 40/41 | €201,252 | €209,263 | +€8,011 | +4.0% |
| Trade receivables | 40 | €8,699 | €8,699 | = | 0.0% |
| Other amounts receivable | 41 | €192,553 | €200,564 | +€8,011 | +4.2% |
| Cash at bank and in hand | 54/58 | €10,297 | €4,699 | -€5,597 | -54.4% |
| Total equity and liabilities | 10/49 | €916,196 | €900,821 | -€15,375 | -1.7% |
| Equity | 10/15 | €68,755 | €72,261 | +€3,506 | +5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,755 | €52,261 | +€3,506 | +7.2% |
| Amounts payable | 17/49 | €847,441 | €828,560 | -€18,881 | -2.2% |
| Amounts payable after more than one year | 17 | €597,155 | €553,262 | -€43,893 | -7.4% |
| Financial debts | 170/4 | €597,155 | €553,262 | -€43,893 | -7.4% |
| Amounts payable within one year | 42/48 | €224,408 | €240,964 | +€16,556 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €42,610 | €43,893 | +€1,283 | +3.0% |
| Trade debts | 44 | €1,316 | €913 | -€403 | -30.6% |
| Suppliers | 440/4 | €1,316 | €913 | -€403 | -30.6% |
| Taxes, remuneration and social security | 45 | €15,777 | - | -€15,777 | |
| Taxes | 450/3 | €15,777 | - | -€15,777 | |
| Other amounts payable | 47/48 | €164,706 | €196,159 | +€31,453 | +19.1% |
| Accrued charges and deferred income | 492/3 | €25,878 | €34,334 | +€8,456 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,789 | €17,789 | = | 0.0% |
| Other operating charges | 640/8 | €17,183 | €11,914 | -€5,269 | -30.7% |
| Gross operating margin | 9900 | €93,588 | €92,607 | -€980 | -1.0% |
| Operating profit (loss) | 9901 | €58,616 | €62,905 | +€4,289 | +7.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €57,558 | €21,129 | -€36,428 | -63.3% |
| Recurring financial charges | 65 | €26,499 | €21,129 | -€5,369 | -20.3% |
| Non-recurring financial charges | 66B | €31,059 | - | -€31,059 | |
| Profit (loss) for the period before taxes | 9903 | €1,058 | €41,779 | +€40,721 | +3848.4% |
| Income taxes | 67/77 | - | €38,273 | +€38,273 | |
| Profit (loss) for the period | 9904 | €1,058 | €3,506 | +€2,448 | +231.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,058 | €3,506 | +€2,448 | +231.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.