BALIMMCO: 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.
BALIMMCO
Largest movements
- Cash +€171,861
up €171,861 (+261%), from €65,802 to €237,663
mainly Net result for the year (+€533,745) and Tax, wage and social debts (+€132,039)
- Tangible fixed assets -€109,043
down €109,043 (-10.5%), from €1.0m to €930,648
of which Plant, machinery and equipment: -€65,990
- Debts after one year -€566,792
down €566,792 (-72.0%), from €787,392 to €220,600
of which Financial debts: -€787,392
- Reserves +€385,069
up €385,069 (+61.4%), from €627,393 to €1.0m
of which Distributable reserves: +€389,354
- Profit (loss) carried forward +€148,676
no longer reported in 2026 (was -€148,676)
- Tax, wage and social debts +€132,039
new in 2026: €132,039
- Current portion of long-term debt -€47,799
no longer reported in 2026 (was €47,799)
- Gross operating margin +€913,997
up €913,997 (+7,750%), from €11,793 to €925,790
- Financial charges +€165,473
up €165,473 (+1,097%), from €15,082 to €180,555
of which Non-recurring financial charges: +€172,492
- Taxes +€133,104
up €133,104 (+167,510%), from €79 to €133,183
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,361,008 | €1,416,358 | +€55,350 | +4.1% |
| Fixed assets | 21/28 | €1,039,691 | €930,648 | -€109,043 | -10.5% |
| Tangible fixed assets | 22/27 | €1,039,691 | €930,648 | -€109,043 | -10.5% |
| Land and buildings | 22 | €294,282 | €251,229 | -€43,053 | -14.6% |
| Plant, machinery and equipment | 23 | €741,082 | €675,092 | -€65,990 | -8.9% |
| Furniture and vehicles | 24 | €4,327 | €4,327 | = | 0.0% |
| Current assets | 29/58 | €321,317 | €485,710 | +€164,393 | +51.2% |
| Amounts receivable within one year | 40/41 | €8,723 | €1,350 | -€7,373 | -84.5% |
| Trade receivables | 40 | €6,167 | €1,350 | -€4,817 | -78.1% |
| Other amounts receivable | 41 | €2,556 | - | -€2,556 | |
| Current investments | 50/53 | €245,196 | €245,196 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,802 | €237,663 | +€171,861 | +261% |
| Deferred charges and accrued income | 490/1 | €1,596 | €1,501 | -€95 | -5.9% |
| Total equity and liabilities | 10/49 | €1,361,008 | €1,416,358 | +€55,350 | +4.1% |
| Equity | 10/15 | €478,717 | €1,012,462 | +€533,745 | +111% |
| Reserves | 13 | €627,393 | €1,012,462 | +€385,069 | +61.4% |
| Tax-exempt reserves | 132 | €164,898 | €160,613 | -€4,285 | -2.6% |
| Distributable reserves | 133 | €462,495 | €851,849 | +€389,354 | +84.2% |
| Profit (loss) carried forward | 14 | -€148,676 | - | +€148,676 | |
| Provisions and deferred taxes | 16 | €36,216 | €34,788 | -€1,428 | -3.9% |
| Deferred taxes | 168 | €36,216 | €34,788 | -€1,428 | -3.9% |
| Amounts payable | 17/49 | €846,074 | €369,108 | -€476,966 | -56.4% |
| Amounts payable after more than one year | 17 | €787,392 | €220,600 | -€566,792 | -72.0% |
| Financial debts | 170/4 | €787,392 | - | -€787,392 | |
| Other amounts payable | 178/9 | - | €220,600 | +€220,600 | |
| Amounts payable within one year | 42/48 | €53,738 | €148,508 | +€94,770 | +176% |
| Current portion of amounts payable after more than one year | 42 | €47,799 | - | -€47,799 | |
| Trade debts | 44 | €4,510 | €3,230 | -€1,280 | -28.4% |
| Suppliers | 440/4 | €4,510 | €3,230 | -€1,280 | -28.4% |
| Taxes, remuneration and social security | 45 | - | €132,039 | +€132,039 | |
| Taxes | 450/3 | - | €132,039 | +€132,039 | |
| Other amounts payable | 47/48 | €1,430 | €13,239 | +€11,809 | +826% |
| Accrued charges and deferred income | 492/3 | €4,945 | - | -€4,945 | |
| Non-recurring operating income | 76A | - | €966,126 | +€966,126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,418 | €81,194 | +€776 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,500 | €420 | -€9,080 | -95.6% |
| Other operating charges | 640/8 | €3,353 | €1,934 | -€1,419 | -42.3% |
| Gross operating margin | 9900 | €11,793 | €925,790 | +€913,997 | +7,750% |
| Operating profit (loss) | 9901 | -€81,478 | €842,241 | +€923,720 | |
| Financial income | 75/76B | €3,927 | €3,814 | -€113 | -2.9% |
| Recurring financial income | 75 | €3,927 | €132 | -€3,795 | -96.6% |
| Non-recurring financial income | 76B | - | €3,681 | +€3,681 | |
| Financial charges | 65/66B | €15,082 | €180,555 | +€165,473 | +1,097% |
| Recurring financial charges | 65 | €15,076 | €8,057 | -€7,019 | -46.6% |
| Non-recurring financial charges | 66B | €6 | €172,498 | +€172,492 | +2,855,826% |
| Profit (loss) for the period before taxes | 9903 | -€92,634 | €665,500 | +€758,134 | |
| Transfer from deferred taxes | 780 | €1,428 | €1,428 | = | 0.0% |
| Income taxes | 67/77 | €79 | €133,183 | +€133,104 | +167,510% |
| Profit (loss) for the period | 9904 | -€91,285 | €533,745 | +€625,030 | |
| Transfer from tax-exempt reserves | 789 | €4,285 | €4,285 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,000 | €538,030 | +€625,030 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.