BALN: 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.
BALN
Largest movements
- Receivables within one year +€10,574
new in 2025: €10,574
of which Trade receivables: +€7,865
- Tangible fixed assets +€5,046
new in 2025: €5,046
of which Furniture and vehicles: +€4,093
- Cash +€3,986
up €3,986 (+132.9%), from €3,000 to €6,986
mainly Net result for the year (+€8,909) and Tax, wage and social debts (+€8,152)
- Deferred charges and accrued income +€956
new in 2025: €956
- Profit (loss) carried forward +€8,909
up €8,909, from -€0 to €8,909
- Tax, wage and social debts +€8,152
new in 2025: €8,152
- Trade debts +€1,858
up €1,858 (+216.3%), from €859 to €2,717
- Other debts +€1,472
new in 2025: €1,472
- Gross operating margin +€14,077
new in 2025: €14,077
- Taxes +€2,691
new in 2025: €2,691
- Other operating charges +€1,511
new in 2025: €1,511
- Depreciation +€893
up €893 (+189974.5%), from €0 to €893
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 | €3,859 | €24,249 | +€20,390 | +528.4% |
| Formation expenses | 20 | €859 | €687 | -€172 | -20.0% |
| Fixed assets | 21/28 | - | €5,046 | +€5,046 | |
| Tangible fixed assets | 22/27 | - | €5,046 | +€5,046 | |
| Furniture and vehicles | 24 | - | €4,093 | +€4,093 | |
| Other tangible fixed assets | 26 | - | €953 | +€953 | |
| Current assets | 29/58 | €3,000 | €18,516 | +€15,516 | +517.2% |
| Amounts receivable within one year | 40/41 | - | €10,574 | +€10,574 | |
| Trade receivables | 40 | - | €7,865 | +€7,865 | |
| Other amounts receivable | 41 | - | €2,709 | +€2,709 | |
| Cash at bank and in hand | 54/58 | €3,000 | €6,986 | +€3,986 | +132.9% |
| Deferred charges and accrued income | 490/1 | - | €956 | +€956 | |
| Total equity and liabilities | 10/49 | €3,859 | €24,249 | +€20,390 | +528.4% |
| Equity | 10/15 | €3,000 | €11,909 | +€8,909 | +297.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€0 | €8,909 | +€8,909 | |
| Amounts payable | 17/49 | €859 | €12,341 | +€11,481 | +1336.3% |
| Amounts payable within one year | 42/48 | €859 | €12,341 | +€11,481 | +1336.3% |
| Trade debts | 44 | €859 | €2,717 | +€1,858 | +216.3% |
| Suppliers | 440/4 | €859 | €2,717 | +€1,858 | +216.3% |
| Taxes, remuneration and social security | 45 | - | €8,152 | +€8,152 | |
| Taxes | 450/3 | - | €8,152 | +€8,152 | |
| Other amounts payable | 47/48 | - | €1,472 | +€1,472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €893 | +€893 | +189974.5% |
| Other operating charges | 640/8 | - | €1,511 | +€1,511 | |
| Gross operating margin | 9900 | - | €14,077 | +€14,077 | |
| Operating profit (loss) | 9901 | -€0 | €11,673 | +€11,673 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | - | €74 | +€74 | |
| Recurring financial charges | 65 | - | €74 | +€74 | |
| Profit (loss) for the period before taxes | 9903 | -€0 | €11,600 | +€11,601 | |
| Income taxes | 67/77 | - | €2,691 | +€2,691 | |
| Profit (loss) for the period | 9904 | -€0 | €8,909 | +€8,909 | |
| Profit (loss) for the period to be appropriated | 9905 | -€0 | €8,909 | +€8,909 |
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 12 October 2026 via checked.be.