BALLET NICO & ERIC: 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.
BALLET NICO & ERIC
Largest movements
- Cash +€24,316
up €24,316 (+22.8%), from €106,505 to €130,821
mainly Net result for the year (+€16,340) and Other debts (+€5,160)
- Profit (loss) carried forward +€16,340
up €16,340 (+6.3%), from -€258,449 to -€242,109
- Other debts +€5,160
up €5,160 (+11.4%), from €45,425 to €50,585
- Gross operating margin +€25,215
up €25,215, from -€6,921 to €18,295
- Depreciation +€333
up €333 (+31.9%), from €1,042 to €1,375
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 | €117,618 | €140,394 | +€22,776 | +19.4% |
| Fixed assets | 21/28 | €8,628 | €7,254 | -€1,375 | -15.9% |
| Tangible fixed assets | 22/27 | €8,628 | €7,254 | -€1,375 | -15.9% |
| Plant, machinery and equipment | 23 | €4,734 | €3,464 | -€1,270 | -26.8% |
| Other tangible fixed assets | 26 | €1,097 | €992 | -€105 | -9.5% |
| Assets under construction and advance payments | 27 | €2,797 | €2,797 | = | 0.0% |
| Current assets | 29/58 | €108,990 | €133,140 | +€24,150 | +22.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,618 | €1,743 | +€125 | +7.7% |
| Trade receivables | 40 | €1,318 | €1,268 | -€50 | -3.8% |
| Other amounts receivable | 41 | €299 | €474 | +€175 | +58.5% |
| Current investments | 50/53 | €671 | €448 | -€223 | -33.2% |
| Cash at bank and in hand | 54/58 | €106,505 | €130,821 | +€24,316 | +22.8% |
| Deferred charges and accrued income | 490/1 | €196 | €129 | -€68 | -34.5% |
| Total equity and liabilities | 10/49 | €117,618 | €140,394 | +€22,776 | +19.4% |
| Equity | 10/15 | -€108,291 | -€91,951 | +€16,340 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €131,558 | €131,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €131,558 | €131,558 | = | 0.0% |
| Reserves not available under the articles | 1311 | €131,558 | €131,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,449 | -€242,109 | +€16,340 | +6.3% |
| Amounts payable | 17/49 | €225,909 | €232,345 | +€6,436 | +2.8% |
| Amounts payable after more than one year | 17 | €180,000 | €180,000 | = | 0.0% |
| Other amounts payable | 178/9 | €180,000 | €180,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,909 | €52,345 | +€6,436 | +14.0% |
| Trade debts | 44 | €485 | €1,760 | +€1,275 | +263% |
| Suppliers | 440/4 | €485 | €1,760 | +€1,275 | +263% |
| Other amounts payable | 47/48 | €45,425 | €50,585 | +€5,160 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €1,375 | +€333 | +31.9% |
| Other operating charges | 640/8 | €922 | €842 | -€80 | -8.7% |
| Gross operating margin | 9900 | -€6,921 | €18,295 | +€25,215 | |
| Operating profit (loss) | 9901 | -€8,884 | €16,078 | +€24,963 | |
| Financial income | 75/76B | €430 | €450 | +€20 | +4.7% |
| Recurring financial income | 75 | €430 | €450 | +€20 | +4.7% |
| Financial charges | 65/66B | €176 | €188 | +€12 | +6.8% |
| Recurring financial charges | 65 | €176 | €188 | +€12 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,630 | €16,340 | +€24,971 | |
| Profit (loss) for the period | 9904 | -€8,630 | €16,340 | +€24,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,630 | €16,340 | +€24,971 |
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.