BALI HOEVE: 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.
BALI HOEVE
Largest movements
- Financial fixed assets +€303,000
up €303,000 (+163,784%), from €185 to €303,185
- Receivables within one year -€302,483
down €302,483 (-79.4%), from €380,879 to €78,396
of which Other amounts receivable: -€247,757
- Stocks and contracts -€132,593
down €132,593 (-42.7%), from €310,289 to €177,696
- Cash +€70,896
up €70,896 (+659%), from €10,759 to €81,655
mainly Receivables within one year (+€302,483) and Stocks and contracts (+€132,593)
- Tangible fixed assets -€39,186
down €39,186 (-11.3%), from €347,943 to €308,757
of which Leasing and similar rights: -€39,204
- Trade debts -€98,390
down €98,390 (-15.5%), from €633,820 to €535,429
- Reserves +€60,000
up €60,000 (+44.1%), from €136,000 to €196,000
- Other debts -€47,620
down €47,620 (-40.5%), from €117,568 to €69,948
- Debts after one year -€40,989
down €40,989 (-46.7%), from €87,841 to €46,852
- Tax, wage and social debts +€18,787
up €18,787 (+72.0%), from €26,083 to €44,870
of which Taxes: +€16,604
- Gross operating margin +€112,886
up €112,886 (+75.3%), from €149,836 to €262,722
- Depreciation +€16,568
up €16,568 (+32.7%), from €50,716 to €67,284
- Taxes +€15,332
up €15,332, from €0 to €15,332
- Financial charges +€7,463
up €7,463 (+84.3%), from €8,850 to €16,313
- Staff costs +€6,514
up €6,514 (+7.2%), from €90,758 to €97,272
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 | €1,050,722 | €951,298 | -€99,424 | -9.5% |
| Fixed assets | 21/28 | €348,128 | €611,942 | +€263,814 | +75.8% |
| Tangible fixed assets | 22/27 | €347,943 | €308,757 | -€39,186 | -11.3% |
| Plant, machinery and equipment | 23 | €28,857 | €23,469 | -€5,388 | -18.7% |
| Furniture and vehicles | 24 | €24,887 | €17,489 | -€7,398 | -29.7% |
| Leasing and similar rights | 25 | €121,846 | €82,642 | -€39,204 | -32.2% |
| Other tangible fixed assets | 26 | €172,353 | €185,157 | +€12,804 | +7.4% |
| Financial fixed assets | 28 | €185 | €303,185 | +€303,000 | +163,784% |
| Current assets | 29/58 | €702,594 | €339,357 | -€363,237 | -51.7% |
| Stocks and contracts in progress | 3 | €310,289 | €177,696 | -€132,593 | -42.7% |
| Stocks | 30/36 | €310,289 | €177,696 | -€132,593 | -42.7% |
| Amounts receivable within one year | 40/41 | €380,879 | €78,396 | -€302,483 | -79.4% |
| Trade receivables | 40 | €133,123 | €78,396 | -€54,726 | -41.1% |
| Other amounts receivable | 41 | €247,757 | €0 | -€247,757 | -100% |
| Cash at bank and in hand | 54/58 | €10,759 | €81,655 | +€70,896 | +659% |
| Deferred charges and accrued income | 490/1 | €666 | €1,610 | +€943 | +142% |
| Total equity and liabilities | 10/49 | €1,050,722 | €951,298 | -€99,424 | -9.5% |
| Equity | 10/15 | €146,477 | €206,750 | +€60,272 | +41.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €136,000 | €196,000 | +€60,000 | +44.1% |
| Distributable reserves | 133 | €136,000 | €196,000 | +€60,000 | +44.1% |
| Profit (loss) carried forward | 14 | €477 | €750 | +€272 | +57.0% |
| Amounts payable | 17/49 | €904,244 | €744,549 | -€159,696 | -17.7% |
| Amounts payable after more than one year | 17 | €87,841 | €46,852 | -€40,989 | -46.7% |
| Financial debts | 170/4 | €87,841 | €46,852 | -€40,989 | -46.7% |
| Amounts payable within one year | 42/48 | €816,403 | €697,697 | -€118,706 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €38,933 | €47,450 | +€8,517 | +21.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €633,820 | €535,429 | -€98,390 | -15.5% |
| Suppliers | 440/4 | €633,820 | €535,429 | -€98,390 | -15.5% |
| Taxes, remuneration and social security | 45 | €26,083 | €44,870 | +€18,787 | +72.0% |
| Taxes | 450/3 | €17,311 | €33,914 | +€16,604 | +95.9% |
| Remuneration and social security | 454/9 | €8,772 | €10,955 | +€2,183 | +24.9% |
| Other amounts payable | 47/48 | €117,568 | €69,948 | -€47,620 | -40.5% |
| Remuneration, social security and pensions | 62 | €90,758 | €97,272 | +€6,514 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,716 | €67,284 | +€16,568 | +32.7% |
| Other operating charges | 640/8 | €1,046 | €6,254 | +€5,209 | +498% |
| Gross operating margin | 9900 | €149,836 | €262,722 | +€112,886 | +75.3% |
| Operating profit (loss) | 9901 | €7,316 | €91,912 | +€84,596 | +1,156% |
| Financial income | 75/76B | €1,654 | €5 | -€1,649 | -99.7% |
| Recurring financial income | 75 | €1,654 | €5 | -€1,649 | -99.7% |
| Financial charges | 65/66B | €8,850 | €16,313 | +€7,463 | +84.3% |
| Recurring financial charges | 65 | €8,850 | €16,313 | +€7,463 | +84.3% |
| Profit (loss) for the period before taxes | 9903 | €120 | €75,604 | +€75,484 | +62,820% |
| Income taxes | 67/77 | €0 | €15,332 | +€15,332 | |
| Profit (loss) for the period | 9904 | €120 | €60,272 | +€60,152 | +50,060% |
| Profit (loss) for the period to be appropriated | 9905 | €120 | €60,272 | +€60,152 | +50,060% |
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 26 October 2026 via checked.be.