BALLADEHOF: 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.
BALLADEHOF
Largest movements
- Cash -€69,841
down €69,841 (-20.2%), from €346,484 to €276,643
mainly Investment in fixed assets (net) (-€65,008) and Trade debts (-€41,459)
- Trade debts -€41,459
down €41,459 (-64.5%), from €64,250 to €22,791
- Tax, wage and social debts -€26,634
down €26,634 (-29.2%), from €91,095 to €64,462
of which Taxes: -€38,348
- Reserves +€17,553
up €17,553 (+2.8%), from €617,989 to €635,542
of which Distributable reserves: +€37,553
- Debts after one year -€12,973
down €12,973 (-66.0%), from €19,648 to €6,674
- Gross operating margin -€103,208
down €103,208 (-24.0%), from €430,325 to €327,117
- Taxes -€43,248
down €43,248 (-84.4%), from €51,250 to €8,002
- Staff costs +€13,480
up €13,480 (+6.1%), from €222,572 to €236,052
- Depreciation +€11,283
up €11,283 (+24.3%), from €46,345 to €57,627
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 | €971,710 | €906,631 | -€65,079 | -6.7% |
| Fixed assets | 21/28 | €517,878 | €525,258 | +€7,380 | +1.4% |
| Tangible fixed assets | 22/27 | €517,878 | €525,258 | +€7,380 | +1.4% |
| Land and buildings | 22 | €410,809 | €433,039 | +€22,230 | +5.4% |
| Plant, machinery and equipment | 23 | €14,507 | €24,301 | +€9,794 | +67.5% |
| Furniture and vehicles | 24 | €91,385 | €66,917 | -€24,468 | -26.8% |
| Other tangible fixed assets | 26 | €1,177 | €1,001 | -€176 | -14.9% |
| Current assets | 29/58 | €453,833 | €381,373 | -€72,460 | -16.0% |
| Stocks and contracts in progress | 3 | €42,204 | €34,511 | -€7,694 | -18.2% |
| Stocks | 30/36 | €42,204 | €34,511 | -€7,694 | -18.2% |
| Amounts receivable within one year | 40/41 | €55,621 | €60,553 | +€4,932 | +8.9% |
| Trade receivables | 40 | €48,490 | €35,928 | -€12,562 | -25.9% |
| Other amounts receivable | 41 | €7,131 | €24,625 | +€17,493 | +245% |
| Cash at bank and in hand | 54/58 | €346,484 | €276,643 | -€69,841 | -20.2% |
| Deferred charges and accrued income | 490/1 | €9,523 | €9,667 | +€144 | +1.5% |
| Total equity and liabilities | 10/49 | €971,710 | €906,631 | -€65,079 | -6.7% |
| Equity | 10/15 | €737,989 | €755,542 | +€17,553 | +2.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €617,989 | €635,542 | +€17,553 | +2.8% |
| Non-distributable reserves | 130/1 | €20,000 | - | -€20,000 | |
| Reserves not available under the articles | 1311 | €20,000 | - | -€20,000 | |
| Distributable reserves | 133 | €597,989 | €635,542 | +€37,553 | +6.3% |
| Amounts payable | 17/49 | €233,721 | €151,089 | -€82,633 | -35.4% |
| Amounts payable after more than one year | 17 | €19,648 | €6,674 | -€12,973 | -66.0% |
| Financial debts | 170/4 | €19,648 | €6,674 | -€12,973 | -66.0% |
| Amounts payable within one year | 42/48 | €214,074 | €144,414 | -€69,659 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €14,540 | €12,973 | -€1,567 | -10.8% |
| Trade debts | 44 | €64,250 | €22,791 | -€41,459 | -64.5% |
| Suppliers | 440/4 | €64,250 | €22,791 | -€41,459 | -64.5% |
| Taxes, remuneration and social security | 45 | €91,095 | €64,462 | -€26,634 | -29.2% |
| Taxes | 450/3 | €77,704 | €39,356 | -€38,348 | -49.4% |
| Remuneration and social security | 454/9 | €13,392 | €25,106 | +€11,714 | +87.5% |
| Other amounts payable | 47/48 | €44,188 | €44,188 | = | 0.0% |
| Non-recurring operating income | 76A | €4,932 | €0 | -€4,932 | -100% |
| Remuneration, social security and pensions | 62 | €222,572 | €236,052 | +€13,480 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,345 | €57,627 | +€11,283 | +24.3% |
| Other operating charges | 640/8 | €7,168 | €7,519 | +€351 | +4.9% |
| Gross operating margin | 9900 | €430,325 | €327,117 | -€103,208 | -24.0% |
| Operating profit (loss) | 9901 | €154,240 | €25,919 | -€128,322 | -83.2% |
| Financial income | 75/76B | €1,119 | €3,597 | +€2,478 | +221% |
| Recurring financial income | 75 | €1,119 | €3,597 | +€2,478 | +221% |
| Financial charges | 65/66B | €4,065 | €3,960 | -€105 | -2.6% |
| Recurring financial charges | 65 | €4,065 | €3,960 | -€105 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €151,295 | €25,556 | -€125,739 | -83.1% |
| Income taxes | 67/77 | €51,250 | €8,002 | -€43,248 | -84.4% |
| Profit (loss) for the period | 9904 | €100,045 | €17,553 | -€82,492 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €100,045 | €17,553 | -€82,492 | -82.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.