Balilaw: 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.
Balilaw
Largest movements
- Receivables within one year -€19,339
down €19,339 (-76.2%), from €25,394 to €6,055
- Tangible fixed assets -€13,794
down €13,794 (-48.1%), from €28,649 to €14,855
- Other debts -€16,777
down €16,777 (-36.2%), from €46,375 to €29,598
- Debts after one year -€7,834
down €7,834 (-51.1%), from €15,320 to €7,486
- Tax, wage and social debts -€7,080
down €7,080 (-31.2%), from €22,694 to €15,614
- Reserves -€3,177
down €3,177 (-5.1%), from €61,941 to €58,764
- Gross operating margin -€16,593
down €16,593 (-52.7%), from €31,514 to €14,921
- Taxes -€4,601
down €4,601 (-72.9%), from €6,311 to €1,710
- Financial income -€2,151
down €2,151 (-15.4%), from €14,011 to €11,860
- Other operating charges +€358
up €358 (+36.9%), from €969 to €1,327
- Financial charges -€320
down €320 (-17.6%), from €1,814 to €1,494
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 | €174,441 | €139,930 | -€34,511 | -19.8% |
| Fixed assets | 21/28 | €143,667 | €129,873 | -€13,794 | -9.6% |
| Tangible fixed assets | 22/27 | €28,649 | €14,855 | -€13,794 | -48.1% |
| Furniture and vehicles | 24 | €28,649 | €14,855 | -€13,794 | -48.1% |
| Financial fixed assets | 28 | €115,018 | €115,018 | = | 0.0% |
| Current assets | 29/58 | €30,774 | €10,057 | -€20,717 | -67.3% |
| Amounts receivable within one year | 40/41 | €25,394 | €6,055 | -€19,339 | -76.2% |
| Other amounts receivable | 41 | €25,394 | €6,055 | -€19,339 | -76.2% |
| Cash at bank and in hand | 54/58 | €3,754 | €2,099 | -€1,655 | -44.1% |
| Deferred charges and accrued income | 490/1 | €1,626 | €1,903 | +€277 | +17.0% |
| Total equity and liabilities | 10/49 | €174,441 | €139,930 | -€34,511 | -19.8% |
| Equity | 10/15 | €80,541 | €77,364 | -€3,177 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,941 | €58,764 | -€3,177 | -5.1% |
| Distributable reserves | 133 | €61,941 | €58,764 | -€3,177 | -5.1% |
| Amounts payable | 17/49 | €93,900 | €62,566 | -€31,334 | -33.4% |
| Amounts payable after more than one year | 17 | €15,320 | €7,486 | -€7,834 | -51.1% |
| Financial debts | 170/4 | €15,320 | €7,486 | -€7,834 | -51.1% |
| Amounts payable within one year | 42/48 | €78,580 | €55,080 | -€23,500 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €7,491 | €7,833 | +€342 | +4.6% |
| Trade debts | 44 | €2,020 | €2,035 | +€15 | +0.7% |
| Suppliers | 440/4 | €2,020 | €2,035 | +€15 | +0.7% |
| Taxes, remuneration and social security | 45 | €22,694 | €15,614 | -€7,080 | -31.2% |
| Taxes | 450/3 | €22,694 | €15,614 | -€7,080 | -31.2% |
| Other amounts payable | 47/48 | €46,375 | €29,598 | -€16,777 | -36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,421 | €15,427 | +€6 | 0.0% |
| Other operating charges | 640/8 | €969 | €1,327 | +€358 | +36.9% |
| Gross operating margin | 9900 | €31,514 | €14,921 | -€16,593 | -52.7% |
| Operating profit (loss) | 9901 | €15,124 | -€1,833 | -€16,957 | |
| Financial income | 75/76B | €14,011 | €11,860 | -€2,151 | -15.4% |
| Recurring financial income | 75 | €14,011 | €11,860 | -€2,151 | -15.4% |
| Financial charges | 65/66B | €1,814 | €1,494 | -€320 | -17.6% |
| Recurring financial charges | 65 | €1,814 | €1,494 | -€320 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €27,321 | €8,533 | -€18,788 | -68.8% |
| Income taxes | 67/77 | €6,311 | €1,710 | -€4,601 | -72.9% |
| Profit (loss) for the period | 9904 | €21,010 | €6,823 | -€14,187 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,010 | €6,823 | -€14,187 | -67.5% |
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 15 October 2026 via checked.be.