BALIMAR: 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.
BALIMAR
Largest movements
- Tangible fixed assets -€9,936
down €9,936 (-3.0%), from €334,053 to €324,117
of which Land and buildings: -€10,041
- Cash -€8,187
down €8,187 (-70.9%), from €11,547 to €3,360
mainly Debts after one year (-€28,881) and Receivables within one year (-€2,884)
- Debts after one year -€28,881
down €28,881 (-13.2%), from €218,661 to €189,781
- Reserves +€14,599
up €14,599 (+16.1%), from €90,561 to €105,160
- Gross operating margin -€17,135
down €17,135 (-30.1%), from €57,006 to €39,871
- Taxes -€3,171
down €3,171 (-36.9%), from €8,583 to €5,412
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 | €358,886 | €343,578 | -€15,308 | -4.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €334,053 | €324,117 | -€9,936 | -3.0% |
| Tangible fixed assets | 22/27 | €334,053 | €324,117 | -€9,936 | -3.0% |
| Land and buildings | 22 | €332,062 | €322,021 | -€10,041 | -3.0% |
| Plant, machinery and equipment | 23 | - | €932 | +€932 | |
| Furniture and vehicles | 24 | €1,991 | €1,164 | -€827 | -41.5% |
| Current assets | 29/58 | €24,834 | €19,461 | -€5,373 | -21.6% |
| Amounts receivable within one year | 40/41 | €11,700 | €14,584 | +€2,884 | +24.6% |
| Trade receivables | 40 | €9,000 | €10,271 | +€1,271 | +14.1% |
| Other amounts receivable | 41 | €2,700 | €4,314 | +€1,614 | +59.8% |
| Cash at bank and in hand | 54/58 | €11,547 | €3,360 | -€8,187 | -70.9% |
| Deferred charges and accrued income | 490/1 | €1,586 | €1,516 | -€70 | -4.4% |
| Total equity and liabilities | 10/49 | €358,886 | €343,578 | -€15,308 | -4.3% |
| Equity | 10/15 | €96,561 | €111,160 | +€14,599 | +15.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €90,561 | €105,160 | +€14,599 | +16.1% |
| Distributable reserves | 133 | €90,561 | €105,160 | +€14,599 | +16.1% |
| Amounts payable | 17/49 | €262,325 | €232,418 | -€29,908 | -11.4% |
| Amounts payable after more than one year | 17 | €218,661 | €189,781 | -€28,881 | -13.2% |
| Financial debts | 170/4 | €218,661 | €189,781 | -€28,881 | -13.2% |
| Amounts payable within one year | 42/48 | €41,857 | €40,830 | -€1,027 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €29,980 | €30,481 | +€500 | +1.7% |
| Financial debts | 43 | €2,705 | €2,356 | -€349 | -12.9% |
| Credit institutions | 430/8 | €2,705 | €2,356 | -€349 | -12.9% |
| Trade debts | 44 | €4,051 | €2,582 | -€1,469 | -36.3% |
| Suppliers | 440/4 | €4,051 | €2,582 | -€1,469 | -36.3% |
| Taxes, remuneration and social security | 45 | €5,121 | €5,412 | +€291 | +5.7% |
| Taxes | 450/3 | €5,121 | €5,412 | +€291 | +5.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,807 | €1,807 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,581 | €11,009 | +€428 | +4.0% |
| Other operating charges | 640/8 | €3,754 | €3,389 | -€365 | -9.7% |
| Gross operating margin | 9900 | €57,006 | €39,871 | -€17,135 | -30.1% |
| Operating profit (loss) | 9901 | €42,670 | €25,473 | -€17,197 | -40.3% |
| Financial income | 75/76B | €158 | €268 | +€110 | +69.6% |
| Recurring financial income | 75 | €158 | €268 | +€110 | +69.6% |
| Financial charges | 65/66B | €5,487 | €5,730 | +€243 | +4.4% |
| Recurring financial charges | 65 | €5,487 | €5,730 | +€243 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €37,341 | €20,011 | -€17,330 | -46.4% |
| Income taxes | 67/77 | €8,583 | €5,412 | -€3,171 | -36.9% |
| Profit (loss) for the period | 9904 | €28,758 | €14,599 | -€14,159 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,758 | €14,599 | -€14,159 | -49.2% |
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 13 October 2026 via checked.be.