BALLIGAND: 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.
BALLIGAND
Largest movements
- Stocks and contracts -€13,530
down €13,530 (-15.0%), from €90,080 to €76,550
- Cash -€12,702
down €12,702 (-23.6%), from €53,864 to €41,163
mainly Net result for the year (-€33,907) and Trade debts (-€14,265)
- Tangible fixed assets +€6,389
up €6,389 (+22.2%), from €28,778 to €35,167
of which Plant, machinery and equipment: +€7,066
- Receivables within one year -€5,400
down €5,400 (-20.3%), from €26,584 to €21,185
of which Trade receivables: -€5,321
- Profit (loss) carried forward -€33,907
down €33,907 (-23.0%), from -€147,278 to -€181,186
- Other debts +€26,960
up €26,960 (+1432.0%), from €1,883 to €28,843
- Trade debts -€14,265
down €14,265 (-47.3%), from €30,129 to €15,864
- Tax, wage and social debts -€3,061
down €3,061 (-4.2%), from €72,854 to €69,793
of which Remuneration and social security: -€3,500
- Staff costs +€38,330
up €38,330 (+45.3%), from €84,567 to €122,897
- Gross operating margin +€10,954
up €10,954 (+13.1%), from €83,499 to €94,452
- Financial income -€3,830
down €3,830 (-100.0%), from €3,830 to €0
- Financial charges -€2,623
down €2,623 (-71.7%), from €3,658 to €1,036
- Depreciation +€1,317
up €1,317 (+83.0%), from €1,587 to €2,904
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 | €230,142 | €205,868 | -€24,274 | -10.5% |
| Fixed assets | 21/28 | €28,778 | €35,167 | +€6,389 | +22.2% |
| Tangible fixed assets | 22/27 | €28,778 | €35,167 | +€6,389 | +22.2% |
| Land and buildings | 22 | €16,981 | €16,981 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,786 | €17,852 | +€7,066 | +65.5% |
| Furniture and vehicles | 24 | €1,012 | €334 | -€678 | -67.0% |
| Current assets | 29/58 | €201,363 | €170,701 | -€30,662 | -15.2% |
| Stocks and contracts in progress | 3 | €90,080 | €76,550 | -€13,530 | -15.0% |
| Stocks | 30/36 | €90,080 | €76,550 | -€13,530 | -15.0% |
| Amounts receivable within one year | 40/41 | €26,584 | €21,185 | -€5,400 | -20.3% |
| Trade receivables | 40 | €26,506 | €21,185 | -€5,321 | -20.1% |
| Other amounts receivable | 41 | €78 | - | -€78 | |
| Current investments | 50/53 | €28,182 | €28,182 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €53,864 | €41,163 | -€12,702 | -23.6% |
| Deferred charges and accrued income | 490/1 | €2,653 | €3,622 | +€970 | +36.5% |
| Total equity and liabilities | 10/49 | €230,142 | €205,868 | -€24,274 | -10.5% |
| Equity | 10/15 | €125,277 | €91,369 | -€33,907 | -27.1% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Capital | 10 | €260,000 | €260,000 | = | 0.0% |
| Issued capital | 100 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €12,555 | €12,555 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,350 | €7,350 | = | 0.0% |
| Legal reserve | 130 | €7,350 | €7,350 | = | 0.0% |
| Distributable reserves | 133 | €5,205 | €5,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,278 | -€181,186 | -€33,907 | -23.0% |
| Amounts payable | 17/49 | €104,865 | €114,499 | +€9,634 | +9.2% |
| Amounts payable within one year | 42/48 | €104,865 | €114,499 | +€9,634 | +9.2% |
| Trade debts | 44 | €30,129 | €15,864 | -€14,265 | -47.3% |
| Suppliers | 440/4 | €30,129 | €15,864 | -€14,265 | -47.3% |
| Taxes, remuneration and social security | 45 | €72,854 | €69,793 | -€3,061 | -4.2% |
| Taxes | 450/3 | €132 | €570 | +€438 | +333.3% |
| Remuneration and social security | 454/9 | €72,723 | €69,223 | -€3,500 | -4.8% |
| Other amounts payable | 47/48 | €1,883 | €28,843 | +€26,960 | +1432.0% |
| Remuneration, social security and pensions | 62 | €84,567 | €122,897 | +€38,330 | +45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,587 | €2,904 | +€1,317 | +83.0% |
| Other operating charges | 640/8 | €1,832 | €1,347 | -€485 | -26.5% |
| Gross operating margin | 9900 | €83,499 | €94,452 | +€10,954 | +13.1% |
| Operating profit (loss) | 9901 | -€4,487 | -€32,695 | -€28,208 | -628.7% |
| Financial income | 75/76B | €3,830 | €0 | -€3,830 | -100.0% |
| Recurring financial income | 75 | €3,830 | €0 | -€3,830 | -100.0% |
| Financial charges | 65/66B | €3,658 | €1,036 | -€2,623 | -71.7% |
| Recurring financial charges | 65 | €3,658 | €1,036 | -€2,623 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,315 | -€33,731 | -€29,416 | -681.7% |
| Income taxes | 67/77 | €161 | €177 | +€15 | +9.6% |
| Profit (loss) for the period | 9904 | -€4,476 | -€33,907 | -€29,431 | -657.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,476 | -€33,907 | -€29,431 | -657.5% |
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 11 October 2026 via checked.be.