BALIMCO: 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.
What changed
BALIMCO
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,283
2024 · -€110,445+€109,162
Equity
€225,049
2024 · €226,331-€1,283
Cash
€36
2024 · €36
Balance sheet total
€2.6m
2024 · €2.6m-€52,780
Largest movements
Assets
- Tangible fixed assets -€76,545
down €76,545 (-3.1%), from €2.5m to €2.4m
Equity and liabilities
- Debts after one year -€71,941
down €71,941 (-4.5%), from €1.6m to €1.5m
- Trade debts -€33,065
no longer reported in 2025 (was €33,065)
- Accrued charges and deferred income +€32,693
up €32,693 (+7.6%), from €427,798 to €460,491
Income statement
- Other operating income +€102,640
up €102,640 (+114.2%), from €89,859 to €192,499
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.
Result 2024
-€110,445
Other operating income
+€102,640
Services and other goods
+€7,355
Other operating charges
-€2,194
Other operating items
+€1,056
Financial income
+€1,065
Financial charges
-€760
Result 2025
-€1,283
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.
From operations
+€69,574
Investment
€0
Financing
-€69,574
Cash 2024
€36
From operations (derived)
+€69,574
Net result for the year
-€1,283
Depreciation
+€76,545
Receivables within one year
-€22,693
Deferred charges and accrued income
-€1,072
Trade debts
-€33,065
Other debts
+€18,448
Accrued charges and deferred income
+€32,693
Financing
-€69,574
Debts after one year
-€71,941
Short-term financial debts
+€2,367
Cash 2025
€36
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,639,219 | €2,586,440 | -€52,780 | -2.0% |
| Fixed assets | 21/28 | €2,633,141 | €2,556,596 | -€76,545 | -2.9% |
| Tangible fixed assets | 22/27 | €2,484,891 | €2,408,346 | -€76,545 | -3.1% |
| Land and buildings | 22 | €2,484,891 | €2,408,346 | -€76,545 | -3.1% |
| Financial fixed assets | 28 | €148,250 | €148,250 | = | 0.0% |
| Other financial fixed assets | 284/8 | €148,250 | €148,250 | = | 0.0% |
| Shares | 284 | €148,000 | €148,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €6,079 | €29,844 | +€23,765 | +391.0% |
| Amounts receivable within one year | 40/41 | €519 | €23,212 | +€22,693 | +4372.8% |
| Other amounts receivable | 41 | €519 | €23,212 | +€22,693 | +4372.8% |
| Current investments | 50/53 | €0 | €0 | = | |
| Other investments | 51/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €36 | €36 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €5,523 | €6,595 | +€1,072 | +19.4% |
| Total equity and liabilities | 10/49 | €2,639,219 | €2,586,440 | -€52,780 | -2.0% |
| Equity | 10/15 | €226,331 | €225,049 | -€1,283 | -0.6% |
| Contributions | 10/11 | €399,450 | €399,450 | = | 0.0% |
| Capital | 10 | €399,450 | €399,450 | = | 0.0% |
| Issued capital | 100 | €399,450 | €399,450 | = | 0.0% |
| Reserves | 13 | €72,569 | €72,569 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,208 | €10,208 | = | 0.0% |
| Legal reserve | 130 | €10,208 | €10,208 | = | 0.0% |
| Distributable reserves | 133 | €62,360 | €62,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,687 | -€246,970 | -€1,283 | -0.5% |
| Amounts payable | 17/49 | €2,412,888 | €2,361,391 | -€51,497 | -2.1% |
| Amounts payable after more than one year | 17 | €1,609,267 | €1,537,326 | -€71,941 | -4.5% |
| Financial debts | 170/4 | €1,609,267 | €1,537,326 | -€71,941 | -4.5% |
| Credit institutions | 173 | €899,267 | €847,326 | -€51,941 | -5.8% |
| Other loans | 174 | €710,000 | €690,000 | -€20,000 | -2.8% |
| Amounts payable within one year | 42/48 | €375,823 | €363,574 | -€12,249 | -3.3% |
| Financial debts | 43 | €49,574 | €51,941 | +€2,367 | +4.8% |
| Credit institutions | 430/8 | €49,574 | €51,941 | +€2,367 | +4.8% |
| Trade debts | 44 | €33,065 | - | -€33,065 | |
| Suppliers | 440/4 | €33,065 | - | -€33,065 | |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €293,184 | €311,633 | +€18,448 | +6.3% |
| Accrued charges and deferred income | 492/3 | €427,798 | €460,491 | +€32,693 | +7.6% |
| Operating income | 70/76A | €89,859 | €192,499 | +€102,640 | +114.2% |
| Turnover | 70 | €0 | €0 | = | |
| Other operating income | 74 | €89,859 | €192,499 | +€102,640 | +114.2% |
| Operating charges | 60/66A | €133,251 | €127,034 | -€6,217 | -4.7% |
| Services and other goods | 61 | €26,042 | €18,687 | -€7,355 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,545 | €76,545 | = | 0.0% |
| Other operating charges | 640/8 | €29,608 | €31,802 | +€2,194 | +7.4% |
| Non-recurring operating charges | 66A | €1,056 | - | -€1,056 | |
| Operating profit (loss) | 9901 | -€43,392 | €65,466 | +€108,858 | |
| Financial income | 75/76B | €711 | €1,776 | +€1,065 | +149.7% |
| Recurring financial income | 75 | €711 | €1,776 | +€1,065 | +149.7% |
| Income from current assets | 751 | €711 | €1,632 | +€921 | +129.4% |
| Other financial income | 752/9 | - | €144 | +€144 | |
| Financial charges | 65/66B | €67,764 | €68,524 | +€760 | +1.1% |
| Recurring financial charges | 65 | €67,764 | €68,524 | +€760 | +1.1% |
| Debt charges | 650 | €67,414 | €68,144 | +€730 | +1.1% |
| Other financial charges | 652/9 | €350 | €380 | +€30 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€110,445 | -€1,283 | +€109,162 | +98.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Taxes | 670/3 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€110,445 | -€1,283 | +€109,162 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,445 | -€1,283 | +€109,162 | +98.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.