BALLIE: 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.
BALLIE
Largest movements
- Tangible fixed assets +€566,583
new in 2025: €566,583
of which Land and buildings: +€563,424
- Receivables within one year -€33,250
down €33,250 (-55.8%), from €59,589 to €26,340
of which Other amounts receivable: -€33,741
- Cash -€14,965
down €14,965 (-92.9%), from €16,110 to €1,145
mainly Investment in fixed assets (net) (-€574,924) and Contributions, distributions and other (-€22,106)
- Debts after one year +€450,330
new in 2025: €450,330
- Other debts +€56,867
new in 2025: €56,867
- Current portion of long-term debt +€16,907
new in 2025: €16,907
- Tax, wage and social debts +€9,494
up €9,494 (+95.2%), from €9,974 to €19,467
- Gross operating margin +€11,905
up €11,905 (+44.4%), from €26,820 to €38,725
- Financial charges +€3,554
up €3,554 (+286.5%), from €1,240 to €4,794
- Depreciation +€3,341
new in 2025: €3,341
- Financial income -€3,259
down €3,259 (-93.7%), from €3,479 to €220
- Taxes -€2,018
down €2,018 (-19.9%), from €10,149 to €8,131
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.
Cash bridge derived
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 | €76,027 | €603,841 | +€527,813 | +694.2% |
| Fixed assets | 21/28 | - | €571,583 | +€571,583 | |
| Tangible fixed assets | 22/27 | - | €566,583 | +€566,583 | |
| Land and buildings | 22 | - | €563,424 | +€563,424 | |
| Plant, machinery and equipment | 23 | - | €3,159 | +€3,159 | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €76,027 | €32,258 | -€43,769 | -57.6% |
| Stocks and contracts in progress | 3 | - | €4,037 | +€4,037 | |
| Stocks | 30/36 | - | €4,037 | +€4,037 | |
| Amounts receivable within one year | 40/41 | €59,589 | €26,340 | -€33,250 | -55.8% |
| Trade receivables | 40 | €18,150 | €18,641 | +€491 | +2.7% |
| Other amounts receivable | 41 | €41,439 | €7,699 | -€33,741 | -81.4% |
| Cash at bank and in hand | 54/58 | €16,110 | €1,145 | -€14,965 | -92.9% |
| Deferred charges and accrued income | 490/1 | €328 | €736 | +€408 | +124.3% |
| Total equity and liabilities | 10/49 | €76,027 | €603,841 | +€527,813 | +694.2% |
| Equity | 10/15 | €59,303 | €59,303 | = | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €57,803 | €57,803 | = | 0.0% |
| Distributable reserves | 133 | €57,803 | €57,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,724 | €544,538 | +€527,813 | +3156.0% |
| Amounts payable after more than one year | 17 | - | €450,330 | +€450,330 | |
| Financial debts | 170/4 | - | €450,330 | +€450,330 | |
| Amounts payable within one year | 42/48 | €16,724 | €94,148 | +€77,424 | +462.9% |
| Current portion of amounts payable after more than one year | 42 | - | €16,907 | +€16,907 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,751 | €906 | -€5,845 | -86.6% |
| Suppliers | 440/4 | €6,751 | €906 | -€5,845 | -86.6% |
| Taxes, remuneration and social security | 45 | €9,974 | €19,467 | +€9,494 | +95.2% |
| Taxes | 450/3 | €9,974 | €19,467 | +€9,494 | +95.2% |
| Other amounts payable | 47/48 | - | €56,867 | +€56,867 | |
| Accrued charges and deferred income | 492/3 | - | €60 | +€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,341 | +€3,341 | |
| Other operating charges | 640/8 | €922 | €573 | -€349 | -37.9% |
| Gross operating margin | 9900 | €26,820 | €38,725 | +€11,905 | +44.4% |
| Operating profit (loss) | 9901 | €25,898 | €34,811 | +€8,913 | +34.4% |
| Financial income | 75/76B | €3,479 | €220 | -€3,259 | -93.7% |
| Recurring financial income | 75 | €3,479 | €220 | -€3,259 | -93.7% |
| Financial charges | 65/66B | €1,240 | €4,794 | +€3,554 | +286.5% |
| Recurring financial charges | 65 | €1,240 | €4,794 | +€3,554 | +286.5% |
| Profit (loss) for the period before taxes | 9903 | €28,137 | €30,237 | +€2,100 | +7.5% |
| Income taxes | 67/77 | €10,149 | €8,131 | -€2,018 | -19.9% |
| Profit (loss) for the period | 9904 | €17,988 | €22,106 | +€4,117 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,988 | €22,106 | +€4,117 | +22.9% |
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 12 October 2026 via checked.be.