BALGRANDPLACE: what changed
BALGRANDPLACE
Largest movements
- Receivables within one year +€153,425
up €153,425 (+348%), from €44,029 to €197,454
- Cash -€13,351
down €13,351 (-25.9%), from €51,470 to €38,120
mainly Receivables within one year (-€153,425) and Investment in fixed assets (net) (-€8,000)
- Tangible fixed assets -€8,864
down €8,864 (-12.2%), from €72,564 to €63,699
of which Other tangible fixed assets: -€16,125
- Trade debts +€84,070
up €84,070 (+37.9%), from €221,854 to €305,924
- Profit (loss) carried forward +€37,243
up €37,243 (+45.6%), from -€81,697 to -€44,454
- Tax, wage and social debts +€9,772
up €9,772 (+102%), from €9,569 to €19,341
of which Taxes: +€5,315
- Financial income -€106,753
down €106,753 (-93.7%), from €113,871 to €7,118
of which Non-recurring financial income: -€112,500
- Gross operating margin +€39,877
up €39,877 (+60.1%), from €66,318 to €106,195
- Other operating charges +€10,037
up €10,037 (+6,029%), from €166 to €10,204
- Staff costs +€4,188
up €4,188 (+9.4%), from €44,618 to €48,806
- Depreciation +€3,404
up €3,404 (+25.3%), from €13,461 to €16,864
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,095 | €300,343 | +€130,248 | +76.6% |
| Fixed assets | 21/28 | €72,564 | €63,699 | -€8,864 | -12.2% |
| Tangible fixed assets | 22/27 | €72,564 | €63,699 | -€8,864 | -12.2% |
| Furniture and vehicles | 24 | €1,432 | €8,693 | +€7,261 | +507% |
| Other tangible fixed assets | 26 | €71,131 | €55,006 | -€16,125 | -22.7% |
| Current assets | 29/58 | €97,531 | €236,644 | +€139,112 | +143% |
| Stocks and contracts in progress | 3 | €2,032 | €1,070 | -€962 | -47.3% |
| Stocks | 30/36 | €2,032 | €1,070 | -€962 | -47.3% |
| Amounts receivable within one year | 40/41 | €44,029 | €197,454 | +€153,425 | +348% |
| Other amounts receivable | 41 | €44,029 | €197,454 | +€153,425 | +348% |
| Cash at bank and in hand | 54/58 | €51,470 | €38,120 | -€13,351 | -25.9% |
| Total equity and liabilities | 10/49 | €170,095 | €300,343 | +€130,248 | +76.6% |
| Equity | 10/15 | -€63,097 | -€25,854 | +€37,243 | +59.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,697 | -€44,454 | +€37,243 | +45.6% |
| Amounts payable | 17/49 | €233,192 | €326,197 | +€93,006 | +39.9% |
| Amounts payable within one year | 42/48 | €232,847 | €326,197 | +€93,351 | +40.1% |
| Trade debts | 44 | €221,854 | €305,924 | +€84,070 | +37.9% |
| Suppliers | 440/4 | €221,854 | €305,924 | +€84,070 | +37.9% |
| Advances received on contracts in progress | 46 | €932 | €932 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,569 | €19,341 | +€9,772 | +102% |
| Taxes | 450/3 | €2,399 | €7,714 | +€5,315 | +221% |
| Remuneration and social security | 454/9 | €7,170 | €11,627 | +€4,458 | +62.2% |
| Other amounts payable | 47/48 | €492 | - | -€492 | |
| Accrued charges and deferred income | 492/3 | €345 | - | -€345 | |
| Remuneration, social security and pensions | 62 | €44,618 | €48,806 | +€4,188 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,461 | €16,864 | +€3,404 | +25.3% |
| Other operating charges | 640/8 | €166 | €10,204 | +€10,037 | +6,029% |
| Gross operating margin | 9900 | €66,318 | €106,195 | +€39,877 | +60.1% |
| Operating profit (loss) | 9901 | €8,073 | €30,320 | +€22,248 | +276% |
| Financial income | 75/76B | €113,871 | €7,118 | -€106,753 | -93.7% |
| Recurring financial income | 75 | €1,371 | €7,118 | +€5,747 | +419% |
| Non-recurring financial income | 76B | €112,500 | - | -€112,500 | |
| Financial charges | 65/66B | €2,521 | €196 | -€2,325 | -92.2% |
| Recurring financial charges | 65 | €2,521 | €196 | -€2,325 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €119,423 | €37,243 | -€82,180 | -68.8% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €119,422 | €37,243 | -€82,180 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €119,422 | €37,243 | -€82,180 | -68.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.