BALINVEST: 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.
BALINVEST
Largest movements
- Receivables within one year +€6,779
up €6,779 (+21.9%), from €31,011 to €37,790
of which Other amounts receivable: +€6,970
- Tangible fixed assets -€6,010
down €6,010 (-12.1%), from €49,688 to €43,677
of which Land and buildings: -€4,436
- Cash -€4,264
down €4,264 (-39.4%), from €10,822 to €6,557
mainly Receivables within one year (-€6,779) and Trade debts (-€3,821)
- Trade debts -€3,821
down €3,821 (-60.3%), from €6,333 to €2,512
- Other operating charges +€2,569
new in 2025: €2,569
- Taxes -€1,592
down €1,592 (-100.0%), from €1,592 to €1
- Depreciation +€665
up €665 (+12.4%), from €5,346 to €6,010
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 | €92,956 | €89,076 | -€3,879 | -4.2% |
| Fixed assets | 21/28 | €49,688 | €43,677 | -€6,010 | -12.1% |
| Tangible fixed assets | 22/27 | €49,688 | €43,677 | -€6,010 | -12.1% |
| Land and buildings | 22 | €46,782 | €42,346 | -€4,436 | -9.5% |
| Plant, machinery and equipment | 23 | €908 | - | -€908 | |
| Furniture and vehicles | 24 | €1,998 | €1,332 | -€667 | -33.4% |
| Current assets | 29/58 | €43,268 | €45,399 | +€2,131 | +4.9% |
| Amounts receivable within one year | 40/41 | €31,011 | €37,790 | +€6,779 | +21.9% |
| Trade receivables | 40 | €30,543 | €30,352 | -€192 | -0.6% |
| Other amounts receivable | 41 | €467 | €7,438 | +€6,970 | +1,491% |
| Cash at bank and in hand | 54/58 | €10,822 | €6,557 | -€4,264 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,436 | €1,052 | -€383 | -26.7% |
| Total equity and liabilities | 10/49 | €92,956 | €89,076 | -€3,879 | -4.2% |
| Equity | 10/15 | €86,452 | €86,564 | +€112 | +0.1% |
| Contributions | 10/11 | €135,580 | €135,580 | = | 0.0% |
| Contributions outside capital | 11 | €135,580 | €135,580 | = | 0.0% |
| Other | 1109/19 | €135,580 | €135,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,128 | -€49,016 | +€112 | +0.2% |
| Amounts payable | 17/49 | €6,503 | €2,512 | -€3,991 | -61.4% |
| Amounts payable within one year | 42/48 | €6,503 | €2,512 | -€3,991 | -61.4% |
| Trade debts | 44 | €6,333 | €2,512 | -€3,821 | -60.3% |
| Suppliers | 440/4 | €6,333 | €2,512 | -€3,821 | -60.3% |
| Other amounts payable | 47/48 | €170 | - | -€170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,346 | €6,010 | +€665 | +12.4% |
| Other operating charges | 640/8 | - | €2,569 | +€2,569 | |
| Gross operating margin | 9900 | €8,772 | €8,835 | +€63 | +0.7% |
| Operating profit (loss) | 9901 | €3,426 | €256 | -€3,170 | -92.5% |
| Financial income | 75/76B | €3 | €2 | -€1 | -26.3% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -26.3% |
| Financial charges | 65/66B | €113 | €146 | +€33 | +29.1% |
| Recurring financial charges | 65 | €113 | €146 | +€33 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €3,316 | €112 | -€3,204 | -96.6% |
| Income taxes | 67/77 | €1,592 | €1 | -€1,592 | -100.0% |
| Profit (loss) for the period | 9904 | €1,724 | €112 | -€1,612 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,724 | €112 | -€1,612 | -93.5% |
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 24 October 2026 via checked.be.