BALLIKAYA: 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.
BALLIKAYA
Largest movements
- Cash -€41,083
down €41,083 (-20.7%), from €198,236 to €157,154
mainly Investment in fixed assets (net) (-€29,909) and Net result for the year (-€20,052)
- Stocks and contracts +€4,192
up €4,192 (+73.2%), from €5,727 to €9,919
- Receivables within one year +€3,730
up €3,730 (+16.5%), from €22,629 to €26,359
of which Trade receivables: +€7,988
- Profit (loss) carried forward -€20,052
new in 2025: -€20,052
- Trade debts -€10,497
no longer reported in 2025 (was €10,497)
- Gross operating margin -€72,947
down €72,947 (-72.6%), from €100,496 to €27,549
- Taxes -€8,178
down €8,178 (-33.9%), from €24,153 to €15,975
- Depreciation -€1,471
down €1,471 (-4.8%), from €30,749 to €29,277
- Other operating charges -€1,154
down €1,154 (-35.2%), from €3,277 to €2,123
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 | €277,425 | €244,896 | -€32,529 | -11.7% |
| Fixed assets | 21/28 | €49,935 | €50,567 | +€632 | +1.3% |
| Tangible fixed assets | 22/27 | €45,935 | €46,567 | +€632 | +1.4% |
| Plant, machinery and equipment | 23 | €22,428 | €37,683 | +€15,254 | +68.0% |
| Furniture and vehicles | 24 | €23,507 | €8,884 | -€14,622 | -62.2% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €227,490 | €194,329 | -€33,161 | -14.6% |
| Stocks and contracts in progress | 3 | €5,727 | €9,919 | +€4,192 | +73.2% |
| Stocks | 30/36 | €5,727 | €9,919 | +€4,192 | +73.2% |
| Amounts receivable within one year | 40/41 | €22,629 | €26,359 | +€3,730 | +16.5% |
| Trade receivables | 40 | €17,049 | €25,038 | +€7,988 | +46.9% |
| Other amounts receivable | 41 | €5,580 | €1,321 | -€4,259 | -76.3% |
| Cash at bank and in hand | 54/58 | €198,236 | €157,154 | -€41,083 | -20.7% |
| Deferred charges and accrued income | 490/1 | €897 | €897 | = | 0.0% |
| Total equity and liabilities | 10/49 | €277,425 | €244,896 | -€32,529 | -11.7% |
| Equity | 10/15 | €261,198 | €241,146 | -€20,052 | -7.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €255,198 | €255,198 | = | 0.0% |
| Distributable reserves | 133 | €255,198 | €255,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,052 | -€20,052 | |
| Amounts payable | 17/49 | €16,227 | €3,750 | -€12,477 | -76.9% |
| Amounts payable within one year | 42/48 | €16,227 | €3,750 | -€12,477 | -76.9% |
| Trade debts | 44 | €10,497 | - | -€10,497 | |
| Suppliers | 440/4 | €10,497 | - | -€10,497 | |
| Taxes, remuneration and social security | 45 | €5,731 | €3,750 | -€1,981 | -34.6% |
| Remuneration and social security | 454/9 | €5,731 | €3,750 | -€1,981 | -34.6% |
| Non-recurring operating income | 76A | €4,250 | €612 | -€3,638 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,749 | €29,277 | -€1,471 | -4.8% |
| Other operating charges | 640/8 | €3,277 | €2,123 | -€1,154 | -35.2% |
| Gross operating margin | 9900 | €100,496 | €27,549 | -€72,947 | -72.6% |
| Operating profit (loss) | 9901 | €66,471 | -€3,852 | -€70,322 | |
| Financial income | 75/76B | €1,178 | €504 | -€674 | -57.2% |
| Recurring financial income | 75 | €1,178 | €504 | -€674 | -57.2% |
| Financial charges | 65/66B | €770 | €729 | -€41 | -5.4% |
| Recurring financial charges | 65 | €770 | €729 | -€41 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €66,878 | -€4,077 | -€70,955 | |
| Income taxes | 67/77 | €24,153 | €15,975 | -€8,178 | -33.9% |
| Profit (loss) for the period | 9904 | €42,725 | -€20,052 | -€62,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,725 | -€20,052 | -€62,777 |
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 15 October 2026 via checked.be.