BALMORAL BEHEER: what changed
What changed
BALMORAL BEHEER
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
-€2,584
2024 · €1,913-€4,497
Equity
€59,592
2024 · €62,176-€2,584
Cash
€56
2024 · €44+€12
Balance sheet total
€69,960
2024 · €70,501-€541
Largest movements
Assets
- Tangible fixed assets -€7,938
down €7,938 (-26.5%), from €29,987 to €22,049
- Receivables within one year +€7,385
up €7,385 (+18.2%), from €40,470 to €47,855
of which Other amounts receivable: +€7,385
Equity and liabilities
- Other debts +€3,000
new in 2025: €3,000
- Profit (loss) carried forward -€2,584
down €2,584 (-4.1%), from -€62,290 to -€64,874
- Tax, wage and social debts -€982
down €982 (-14.4%), from €6,828 to €5,846
Income statement
- Gross operating margin -€6,506
down €6,506 (-51.3%), from €12,674 to €6,167
- Taxes -€1,802
down €1,802 (-55.5%), from €3,246 to €1,443
- Financial income +€178
up €178 (+10.7%), from €1,673 to €1,851
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,913
Gross operating margin
-€6,506
Other operating charges
+€106
Financial income
+€178
Financial charges
-€77
Taxes
+€1,802
Result 2025
-€2,584
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€12
Investment
€0
Financing
€0
Cash 2024
€44
From operations (derived)
+€12
Net result for the year
-€2,584
Depreciation
+€7,938
Receivables within one year
-€7,385
Trade debts
+€142
Tax, wage and social debts
-€982
Other debts
+€3,000
Accrued charges and deferred income
-€117
Cash 2025
€56
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,501 | €69,960 | -€541 | -0.8% |
| Fixed assets | 21/28 | €29,987 | €22,049 | -€7,938 | -26.5% |
| Tangible fixed assets | 22/27 | €29,987 | €22,049 | -€7,938 | -26.5% |
| Furniture and vehicles | 24 | €29,987 | €22,049 | -€7,938 | -26.5% |
| Current assets | 29/58 | €40,514 | €47,912 | +€7,397 | +18.3% |
| Amounts receivable within one year | 40/41 | €40,470 | €47,855 | +€7,385 | +18.2% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €30,470 | €37,855 | +€7,385 | +24.2% |
| Cash at bank and in hand | 54/58 | €44 | €56 | +€12 | +27.6% |
| Total equity and liabilities | 10/49 | €70,501 | €69,960 | -€541 | -0.8% |
| Equity | 10/15 | €62,176 | €59,592 | -€2,584 | -4.2% |
| Contributions | 10/11 | €44,760 | €44,760 | = | 0.0% |
| Reserves | 13 | €79,705 | €79,705 | = | 0.0% |
| Distributable reserves | 133 | €79,705 | €79,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,290 | -€64,874 | -€2,584 | -4.1% |
| Amounts payable | 17/49 | €8,326 | €10,369 | +€2,043 | +24.5% |
| Amounts payable within one year | 42/48 | €8,209 | €10,369 | +€2,160 | +26.3% |
| Trade debts | 44 | €1,381 | €1,522 | +€142 | +10.3% |
| Suppliers | 440/4 | €1,381 | €1,522 | +€142 | +10.3% |
| Taxes, remuneration and social security | 45 | €6,828 | €5,846 | -€982 | -14.4% |
| Taxes | 450/3 | €6,828 | €5,846 | -€982 | -14.4% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Accrued charges and deferred income | 492/3 | €117 | €0 | -€117 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,938 | €7,938 | = | 0.0% |
| Other operating charges | 640/8 | €769 | €663 | -€106 | -13.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €12,674 | €6,167 | -€6,506 | -51.3% |
| Operating profit (loss) | 9901 | €3,967 | -€2,434 | -€6,401 | |
| Financial income | 75/76B | €1,673 | €1,851 | +€178 | +10.7% |
| Recurring financial income | 75 | €1,673 | €1,851 | +€178 | +10.7% |
| Financial charges | 65/66B | €481 | €558 | +€77 | +16.0% |
| Recurring financial charges | 65 | €481 | €558 | +€77 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €5,159 | -€1,140 | -€6,299 | |
| Income taxes | 67/77 | €3,246 | €1,443 | -€1,802 | -55.5% |
| Profit (loss) for the period | 9904 | €1,913 | -€2,584 | -€4,497 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,913 | -€2,584 | -€4,497 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.