BALINA: 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.
What changed
BALINA
NACE 47.714, Retail trade
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€52,097
2025 · -€14,758-€37,338
Equity
€121,767
2025 · €173,863-€52,097
Cash
€23,342
2025 · €22,700+€642
Balance sheet total
€601,378
2025 · €641,142-€39,763
Largest movements
Assets
- Tangible fixed assets -€33,175
down €33,175 (-11.2%), from €297,492 to €264,316
of which Other tangible fixed assets: -€22,775
Equity and liabilities
- Profit (loss) carried forward -€52,097
down €52,097 (-192.0%), from -€27,127 to -€79,223
- Tax, wage and social debts +€7,059
up €7,059 (+35.2%), from €20,081 to €27,139
of which Taxes: +€5,723
Income statement
- Gross operating margin -€34,785
down €34,785 (-25.4%), from €136,966 to €102,181
- Staff costs +€6,465
up €6,465 (+6.2%), from €103,436 to €109,901
- Other operating charges -€4,907
down €4,907 (-74.8%), from €6,559 to €1,652
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.
Result 2025
-€14,758
Gross operating margin
-€34,785
Staff costs
-€6,465
Depreciation
-€765
Other operating charges
+€4,907
Financial income
+€609
Financial charges
-€915
Taxes
+€76
Result 2026
-€52,097
Cash bridge derived
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.
From operations
+€4,038
Investment
-€3,395
Financing
€0
Cash 2025
€22,700
From operations (derived)
+€4,038
Net result for the year
-€52,097
Depreciation
+€38,091
Stocks and contracts
+€4,604
Receivables within one year
+€1,048
Deferred charges and accrued income
+€58
Trade debts
+€5,665
Tax, wage and social debts
+€7,059
Other debts
-€390
Investment (derived)
-€3,395
Investment in fixed assets (net)
-€3,395
Cash 2026
€23,342
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €641,142 | €601,378 | -€39,763 | -6.2% |
| Fixed assets | 21/28 | €300,167 | €265,472 | -€34,695 | -11.6% |
| Intangible fixed assets | 21 | €2,175 | €1,155 | -€1,020 | -46.9% |
| Tangible fixed assets | 22/27 | €297,492 | €264,316 | -€33,175 | -11.2% |
| Furniture and vehicles | 24 | €50,861 | €40,461 | -€10,400 | -20.4% |
| Other tangible fixed assets | 26 | €246,630 | €223,855 | -€22,775 | -9.2% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100.0% |
| Current assets | 29/58 | €340,975 | €335,907 | -€5,068 | -1.5% |
| Stocks and contracts in progress | 3 | €309,654 | €305,049 | -€4,604 | -1.5% |
| Stocks | 30/36 | €309,654 | €305,049 | -€4,604 | -1.5% |
| Amounts receivable within one year | 40/41 | €2,917 | €1,869 | -€1,048 | -35.9% |
| Trade receivables | 40 | €0 | €930 | +€930 | |
| Other amounts receivable | 41 | €2,917 | €939 | -€1,978 | -67.8% |
| Cash at bank and in hand | 54/58 | €22,700 | €23,342 | +€642 | +2.8% |
| Deferred charges and accrued income | 490/1 | €5,704 | €5,646 | -€58 | -1.0% |
| Total equity and liabilities | 10/49 | €641,142 | €601,378 | -€39,763 | -6.2% |
| Equity | 10/15 | €173,863 | €121,767 | -€52,097 | -30.0% |
| Contributions | 10/11 | €183,590 | €183,590 | = | 0.0% |
| Reserves | 13 | €17,400 | €17,400 | = | 0.0% |
| Distributable reserves | 133 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,127 | -€79,223 | -€52,097 | -192.0% |
| Amounts payable | 17/49 | €467,278 | €479,612 | +€12,334 | +2.6% |
| Amounts payable after more than one year | 17 | €321,300 | €321,300 | = | 0.0% |
| Other amounts payable | 178/9 | €321,300 | €321,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €140,195 | €152,529 | +€12,334 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €42,185 | €47,850 | +€5,665 | +13.4% |
| Suppliers | 440/4 | €42,185 | €47,850 | +€5,665 | +13.4% |
| Taxes, remuneration and social security | 45 | €20,081 | €27,139 | +€7,059 | +35.2% |
| Taxes | 450/3 | €3,666 | €9,389 | +€5,723 | +156.1% |
| Remuneration and social security | 454/9 | €16,415 | €17,751 | +€1,336 | +8.1% |
| Other amounts payable | 47/48 | €77,930 | €77,540 | -€390 | -0.5% |
| Accrued charges and deferred income | 492/3 | €5,783 | €5,783 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €103,436 | €109,901 | +€6,465 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,326 | €38,091 | +€765 | +2.1% |
| Other operating charges | 640/8 | €6,559 | €1,652 | -€4,907 | -74.8% |
| Gross operating margin | 9900 | €136,966 | €102,181 | -€34,785 | -25.4% |
| Operating profit (loss) | 9901 | -€10,354 | -€47,462 | -€37,108 | -358.4% |
| Financial income | 75/76B | €14 | €623 | +€609 | +4211.6% |
| Recurring financial income | 75 | €14 | €623 | +€609 | +4211.6% |
| Financial charges | 65/66B | €3,585 | €4,500 | +€915 | +25.5% |
| Recurring financial charges | 65 | €3,585 | €4,500 | +€915 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,925 | -€51,339 | -€37,414 | -268.7% |
| Income taxes | 67/77 | €833 | €757 | -€76 | -9.1% |
| Profit (loss) for the period | 9904 | -€14,758 | -€52,097 | -€37,338 | -253.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,758 | -€52,097 | -€37,338 | -253.0% |
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 10 October 2026 via checked.be.