Baljeet: 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.
Baljeet
Largest movements
- Stocks and contracts -€8,545
no longer reported in 2025 (was €8,545)
- Receivables within one year -€3,820
down €3,820 (-60.2%), from €6,343 to €2,523
of which Trade receivables: -€4,512
- Cash -€897
no longer reported in 2025 (was €897)
mainly Other debts (-€10,679) and Trade debts (-€4,063)
- Tangible fixed assets -€807
down €807 (-26.4%), from €3,051 to €2,244
- Other debts -€10,679
down €10,679 (-66.8%), from €15,980 to €5,301
- Trade debts -€4,063
down €4,063 (-68.8%), from €5,907 to €1,844
- Tax, wage and social debts +€759
up €759 (+34.9%), from €2,176 to €2,935
- Gross operating margin +€7,778
up €7,778, from -€5,673 to €2,105
- Other operating charges +€1,206
up €1,206 (+2,412%), from €50 to €1,256
- Financial charges -€392
down €392 (-75.3%), from €521 to €129
- Depreciation -€176
down €176 (-17.9%), from €983 to €807
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 | €18,836 | €4,767 | -€14,069 | -74.7% |
| Fixed assets | 21/28 | €3,051 | €2,244 | -€807 | -26.4% |
| Tangible fixed assets | 22/27 | €3,051 | €2,244 | -€807 | -26.4% |
| Plant, machinery and equipment | 23 | €3,051 | €2,244 | -€807 | -26.4% |
| Current assets | 29/58 | €15,785 | €2,523 | -€13,262 | -84.0% |
| Stocks and contracts in progress | 3 | €8,545 | - | -€8,545 | |
| Stocks | 30/36 | €8,545 | - | -€8,545 | |
| Amounts receivable within one year | 40/41 | €6,343 | €2,523 | -€3,820 | -60.2% |
| Trade receivables | 40 | €6,281 | €1,770 | -€4,512 | -71.8% |
| Other amounts receivable | 41 | €62 | €753 | +€691 | +1,116% |
| Cash at bank and in hand | 54/58 | €897 | - | -€897 | |
| Total equity and liabilities | 10/49 | €18,836 | €4,767 | -€14,069 | -74.7% |
| Equity | 10/15 | -€5,227 | -€5,314 | -€87 | -1.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,227 | -€7,314 | -€87 | -1.2% |
| Amounts payable | 17/49 | €24,063 | €10,080 | -€13,983 | -58.1% |
| Amounts payable within one year | 42/48 | €24,063 | €10,080 | -€13,983 | -58.1% |
| Trade debts | 44 | €5,907 | €1,844 | -€4,063 | -68.8% |
| Suppliers | 440/4 | €5,907 | €1,844 | -€4,063 | -68.8% |
| Taxes, remuneration and social security | 45 | €2,176 | €2,935 | +€759 | +34.9% |
| Taxes | 450/3 | €2,176 | €2,935 | +€759 | +34.9% |
| Other amounts payable | 47/48 | €15,980 | €5,301 | -€10,679 | -66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €983 | €807 | -€176 | -17.9% |
| Other operating charges | 640/8 | €50 | €1,256 | +€1,206 | +2,412% |
| Gross operating margin | 9900 | -€5,673 | €2,105 | +€7,778 | |
| Operating profit (loss) | 9901 | -€6,706 | €42 | +€6,748 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €521 | €129 | -€392 | -75.3% |
| Recurring financial charges | 65 | €521 | €129 | -€392 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,227 | -€87 | +€7,140 | +98.8% |
| Profit (loss) for the period | 9904 | -€7,227 | -€87 | +€7,140 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,227 | -€87 | +€7,140 | +98.8% |
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 26 October 2026 via checked.be.