BALLOON - DÉFI: 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.
BALLOON - DÉFI
Largest movements
- Tangible fixed assets -€10,870
down €10,870 (-6.5%), from €168,298 to €157,428
of which Land and buildings: -€19,456
- Stocks and contracts +€10,181
up €10,181 (+7.4%), from €138,459 to €148,640
- Financial fixed assets -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Debts after one year -€41,313
down €41,313 (-22.5%), from €183,403 to €142,091
of which Trade debts: -€26,861
- Reserves +€20,000
up €20,000 (+254.5%), from €7,859 to €27,859
of which Distributable reserves: +€20,000
- Trade debts +€7,678
up €7,678 (+11.3%), from €68,190 to €75,869
- Gross operating margin +€57,075
up €57,075 (+53.7%), from €106,351 to €163,426
- Financial income +€5,646
up €5,646 (+761.3%), from €742 to €6,388
- Taxes +€2,832
up €2,832 (+844.6%), from €335 to €3,168
- Staff costs +€2,011
up €2,011 (+2.2%), from €93,128 to €95,139
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 | €402,333 | €392,070 | -€10,263 | -2.6% |
| Fixed assets | 21/28 | €193,298 | €177,428 | -€15,870 | -8.2% |
| Tangible fixed assets | 22/27 | €168,298 | €157,428 | -€10,870 | -6.5% |
| Land and buildings | 22 | €116,736 | €97,280 | -€19,456 | -16.7% |
| Furniture and vehicles | 24 | €51,218 | €59,976 | +€8,758 | +17.1% |
| Other tangible fixed assets | 26 | €345 | €172 | -€172 | -50.0% |
| Financial fixed assets | 28 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Current assets | 29/58 | €209,034 | €214,642 | +€5,607 | +2.7% |
| Stocks and contracts in progress | 3 | €138,459 | €148,640 | +€10,181 | +7.4% |
| Stocks | 30/36 | €138,459 | €148,640 | +€10,181 | +7.4% |
| Amounts receivable within one year | 40/41 | €30,387 | €28,427 | -€1,960 | -6.5% |
| Trade receivables | 40 | €23,380 | €28,427 | +€5,047 | +21.6% |
| Other amounts receivable | 41 | €7,007 | €0 | -€7,007 | -100.0% |
| Cash at bank and in hand | 54/58 | €36,943 | €32,961 | -€3,983 | -10.8% |
| Deferred charges and accrued income | 490/1 | €3,245 | €4,614 | +€1,369 | +42.2% |
| Total equity and liabilities | 10/49 | €402,333 | €392,070 | -€10,263 | -2.6% |
| Equity | 10/15 | €53,108 | €74,409 | +€21,300 | +40.1% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €7,859 | €27,859 | +€20,000 | +254.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €26,000 | +€20,000 | +333.3% |
| Profit (loss) carried forward | 14 | €37,812 | €39,113 | +€1,300 | +3.4% |
| Amounts payable | 17/49 | €349,224 | €317,661 | -€31,563 | -9.0% |
| Amounts payable after more than one year | 17 | €183,403 | €142,091 | -€41,313 | -22.5% |
| Financial debts | 170/4 | €35,045 | €20,594 | -€14,451 | -41.2% |
| Trade debts | 175 | €148,358 | €121,497 | -€26,861 | -18.1% |
| Amounts payable within one year | 42/48 | €164,625 | €174,505 | +€9,880 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €43,735 | €41,313 | -€2,422 | -5.5% |
| Trade debts | 44 | €68,190 | €75,869 | +€7,678 | +11.3% |
| Suppliers | 440/4 | €68,190 | €75,869 | +€7,678 | +11.3% |
| Taxes, remuneration and social security | 45 | €48,341 | €51,837 | +€3,496 | +7.2% |
| Taxes | 450/3 | €23,277 | €29,585 | +€6,308 | +27.1% |
| Remuneration and social security | 454/9 | €25,063 | €22,252 | -€2,811 | -11.2% |
| Other amounts payable | 47/48 | €4,360 | €5,487 | +€1,128 | +25.9% |
| Accrued charges and deferred income | 492/3 | €1,196 | €1,065 | -€131 | -10.9% |
| Non-recurring operating income | 76A | - | €1,413 | +€1,413 | |
| Remuneration, social security and pensions | 62 | €93,128 | €95,139 | +€2,011 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,441 | €34,680 | +€1,239 | +3.7% |
| Other operating charges | 640/8 | €827 | €1,014 | +€188 | +22.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €106,351 | €163,426 | +€57,075 | +53.7% |
| Operating profit (loss) | 9901 | -€21,044 | €32,592 | +€53,637 | |
| Financial income | 75/76B | €742 | €6,388 | +€5,646 | +761.3% |
| Recurring financial income | 75 | €742 | €6,388 | +€5,646 | +761.3% |
| Financial charges | 65/66B | €14,362 | €12,846 | -€1,516 | -10.6% |
| Recurring financial charges | 65 | €14,362 | €12,596 | -€1,766 | -12.3% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | -€34,665 | €26,134 | +€60,799 | |
| Income taxes | 67/77 | €335 | €3,168 | +€2,832 | +844.6% |
| Profit (loss) for the period | 9904 | -€35,000 | €22,966 | +€57,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,000 | €22,966 | +€57,967 |
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 11 October 2026 via checked.be.