Ballet-Smeets: 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-Smeets
Largest movements
- Tangible fixed assets -€5,781
down €5,781 (-4.6%), from €125,893 to €120,112
- Cash +€1,571
up €1,571 (+89.9%), from €1,749 to €3,320
mainly Depreciation (+€5,781) and Net result for the year (+€3,729)
- Debts after one year -€8,642
down €8,642 (-8.3%), from €104,229 to €95,587
- Profit (loss) carried forward +€3,729
up €3,729 (+24.1%), from -€15,476 to -€11,747
- Other operating charges +€1,309
up €1,309 (+175%), from €749 to €2,058
- Financial charges -€252
down €252 (-6.6%), from €3,837 to €3,584
- Gross operating margin +€195
up €195 (+1.3%), from €14,957 to €15,153
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 | €127,642 | €123,432 | -€4,209 | -3.3% |
| Fixed assets | 21/28 | €125,893 | €120,112 | -€5,781 | -4.6% |
| Tangible fixed assets | 22/27 | €125,893 | €120,112 | -€5,781 | -4.6% |
| Land and buildings | 22 | €125,893 | €120,112 | -€5,781 | -4.6% |
| Current assets | 29/58 | €1,749 | €3,320 | +€1,571 | +89.9% |
| Cash at bank and in hand | 54/58 | €1,749 | €3,320 | +€1,571 | +89.9% |
| Total equity and liabilities | 10/49 | €127,642 | €123,432 | -€4,209 | -3.3% |
| Equity | 10/15 | -€6,373 | -€2,644 | +€3,729 | +58.5% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €1,903 | €1,903 | = | 0.0% |
| Distributable reserves | 133 | €1,903 | €1,903 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,476 | -€11,747 | +€3,729 | +24.1% |
| Amounts payable | 17/49 | €134,015 | €126,076 | -€7,939 | -5.9% |
| Amounts payable after more than one year | 17 | €104,229 | €95,587 | -€8,642 | -8.3% |
| Financial debts | 170/4 | €104,229 | €95,587 | -€8,642 | -8.3% |
| Amounts payable within one year | 42/48 | €29,786 | €30,489 | +€703 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €8,384 | €8,642 | +€258 | +3.1% |
| Trade debts | 44 | €55 | €128 | +€73 | +132% |
| Suppliers | 440/4 | €55 | €128 | +€73 | +132% |
| Other amounts payable | 47/48 | €21,346 | €21,719 | +€373 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,781 | €5,781 | -€0 | 0.0% |
| Other operating charges | 640/8 | €749 | €2,058 | +€1,309 | +175% |
| Gross operating margin | 9900 | €14,957 | €15,153 | +€195 | +1.3% |
| Operating profit (loss) | 9901 | €8,427 | €7,314 | -€1,113 | -13.2% |
| Financial charges | 65/66B | €3,837 | €3,584 | -€252 | -6.6% |
| Recurring financial charges | 65 | €3,837 | €3,584 | -€252 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €4,590 | €3,729 | -€861 | -18.8% |
| Profit (loss) for the period | 9904 | €4,590 | €3,729 | -€861 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,590 | €3,729 | -€861 | -18.8% |
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.