BALLAUX IMMO: 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.
BALLAUX IMMO
Largest movements
- Tangible fixed assets -€10,697
down €10,697 (-4.1%), from €261,292 to €250,595
- Cash +€6,576
up €6,576 (+17.3%), from €37,987 to €44,563
mainly Net result for the year (+€20,518) and Depreciation (+€10,697)
- Debts after one year -€24,711
down €24,711 (-20.2%), from €122,581 to €97,870
- Profit (loss) carried forward +€20,518
up €20,518 (+22.5%), from €91,157 to €111,675
- Gross operating margin +€10,052
up €10,052 (+29.0%), from €34,602 to €44,654
- Taxes +€2,575
up €2,575 (+60.4%), from €4,265 to €6,839
- Financial charges -€657
down €657 (-15.2%), from €4,313 to €3,656
- Depreciation +€512
up €512 (+5.0%), from €10,185 to €10,697
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 | €300,082 | €296,322 | -€3,760 | -1.3% |
| Fixed assets | 21/28 | €261,292 | €250,595 | -€10,697 | -4.1% |
| Tangible fixed assets | 22/27 | €261,292 | €250,595 | -€10,697 | -4.1% |
| Other tangible fixed assets | 26 | €261,292 | €250,595 | -€10,697 | -4.1% |
| Current assets | 29/58 | €38,790 | €45,727 | +€6,937 | +17.9% |
| Amounts receivable within one year | 40/41 | €803 | €1,164 | +€361 | +44.9% |
| Other amounts receivable | 41 | €803 | €1,164 | +€361 | +44.9% |
| Cash at bank and in hand | 54/58 | €37,987 | €44,563 | +€6,576 | +17.3% |
| Total equity and liabilities | 10/49 | €300,082 | €296,322 | -€3,760 | -1.3% |
| Equity | 10/15 | €113,157 | €133,675 | +€20,518 | +18.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,157 | €111,675 | +€20,518 | +22.5% |
| Amounts payable | 17/49 | €186,925 | €162,646 | -€24,278 | -13.0% |
| Amounts payable after more than one year | 17 | €122,581 | €97,870 | -€24,711 | -20.2% |
| Financial debts | 170/4 | €122,581 | €97,870 | -€24,711 | -20.2% |
| Amounts payable within one year | 42/48 | €64,343 | €64,776 | +€433 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €24,041 | €24,711 | +€671 | +2.8% |
| Trade debts | 44 | €303 | €65 | -€238 | -78.5% |
| Suppliers | 440/4 | €303 | €65 | -€238 | -78.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,185 | €10,697 | +€512 | +5.0% |
| Other operating charges | 640/8 | €2,729 | €2,944 | +€215 | +7.9% |
| Gross operating margin | 9900 | €34,602 | €44,654 | +€10,052 | +29.0% |
| Operating profit (loss) | 9901 | €21,688 | €31,013 | +€9,325 | +43.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €4,313 | €3,656 | -€657 | -15.2% |
| Recurring financial charges | 65 | €4,313 | €3,656 | -€657 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €17,376 | €27,357 | +€9,981 | +57.4% |
| Income taxes | 67/77 | €4,265 | €6,839 | +€2,575 | +60.4% |
| Profit (loss) for the period | 9904 | €13,112 | €20,518 | +€7,406 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,112 | €20,518 | +€7,406 | +56.5% |
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 22 October 2026 via checked.be.