BALLUKU: what changed
Two fiscal 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.
BALLUKU
Largest movements
- Tangible fixed assets -€18,346
down €18,346 (-30.7%), from €59,669 to €41,323
- Deferred charges and accrued income +€13,000
new in 2025: €13,000
- Receivables within one year -€4,580
down €4,580 (-63.7%), from €7,190 to €2,610
of which Other amounts receivable: -€3,568
- Profit (loss) carried forward -€49,327
down €49,327 (-1017.8%), from -€4,846 to -€54,173
- Other debts +€29,238
up €29,238 (+55850.3%), from €52 to €29,290
- Tax, wage and social debts +€18,913
up €18,913 (+102.6%), from €18,433 to €37,345
of which Remuneration and social security: +€22,951
- Debts after one year -€15,411
down €15,411 (-43.4%), from €35,515 to €20,104
- Trade debts +€5,531
up €5,531 (+310.5%), from €1,781 to €7,312
- Staff costs +€29,222
up €29,222 (+162.3%), from €18,000 to €47,222
- Gross operating margin -€2,454
down €2,454 (-11.7%), from €20,908 to €18,455
- Other operating charges -€1,197
no longer reported in 2025 (was €1,197)
- Financial charges +€467
up €467 (+26.7%), from €1,749 to €2,216
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 | €69,213 | €59,742 | -€9,471 | -13.7% |
| Fixed assets | 21/28 | €59,669 | €41,323 | -€18,346 | -30.7% |
| Tangible fixed assets | 22/27 | €59,669 | €41,323 | -€18,346 | -30.7% |
| Furniture and vehicles | 24 | €59,669 | €41,323 | -€18,346 | -30.7% |
| Current assets | 29/58 | €9,544 | €18,419 | +€8,875 | +93.0% |
| Amounts receivable within one year | 40/41 | €7,190 | €2,610 | -€4,580 | -63.7% |
| Trade receivables | 40 | €1,013 | - | -€1,013 | |
| Other amounts receivable | 41 | €6,177 | €2,610 | -€3,568 | -57.8% |
| Cash at bank and in hand | 54/58 | €2,354 | €2,809 | +€455 | +19.3% |
| Deferred charges and accrued income | 490/1 | - | €13,000 | +€13,000 | |
| Total equity and liabilities | 10/49 | €69,213 | €59,742 | -€9,471 | -13.7% |
| Equity | 10/15 | €154 | -€49,173 | -€49,327 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,846 | -€54,173 | -€49,327 | -1017.8% |
| Amounts payable | 17/49 | €69,059 | €108,916 | +€39,856 | +57.7% |
| Amounts payable after more than one year | 17 | €35,515 | €20,104 | -€15,411 | -43.4% |
| Financial debts | 170/4 | €35,515 | €20,104 | -€15,411 | -43.4% |
| Amounts payable within one year | 42/48 | €33,545 | €88,812 | +€55,267 | +164.8% |
| Current portion of amounts payable after more than one year | 42 | €13,278 | €14,864 | +€1,586 | +11.9% |
| Trade debts | 44 | €1,781 | €7,312 | +€5,531 | +310.5% |
| Suppliers | 440/4 | €1,781 | €7,312 | +€5,531 | +310.5% |
| Taxes, remuneration and social security | 45 | €18,433 | €37,345 | +€18,913 | +102.6% |
| Taxes | 450/3 | €4,433 | €395 | -€4,038 | -91.1% |
| Remuneration and social security | 454/9 | €14,000 | €36,950 | +€22,951 | +163.9% |
| Other amounts payable | 47/48 | €52 | €29,290 | +€29,238 | +55850.3% |
| Remuneration, social security and pensions | 62 | €18,000 | €47,222 | +€29,222 | +162.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,346 | €18,346 | = | 0.0% |
| Other operating charges | 640/8 | €1,197 | - | -€1,197 | |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €20,908 | €18,455 | -€2,454 | -11.7% |
| Operating profit (loss) | 9901 | -€16,634 | -€47,176 | -€30,542 | -183.6% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Non-recurring financial income | 76B | - | €65 | +€65 | |
| Financial charges | 65/66B | €1,749 | €2,216 | +€467 | +26.7% |
| Recurring financial charges | 65 | €1,749 | €2,216 | +€467 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,383 | -€49,327 | -€30,944 | -168.3% |
| Profit (loss) for the period | 9904 | -€18,383 | -€49,327 | -€30,944 | -168.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,383 | -€49,327 | -€30,944 | -168.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.