BALO Consulting: 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.
BALO Consulting
Largest movements
- Cash +€53,751
up €53,751 (+306%), from €17,541 to €71,291
mainly Net result for the year (+€110,152) and Tax, wage and social debts (+€24,545)
- Receivables after one year +€35,000
new in 2025: €35,000
- Receivables within one year +€20,181
up €20,181 (+79.3%), from €25,457 to €45,638
of which Trade receivables: +€18,474
- Tangible fixed assets +€15,020
new in 2025: €15,020
- Reserves +€110,202
up €110,202 (+723%), from €15,250 to €125,452
- Tax, wage and social debts +€24,545
up €24,545 (+133%), from €18,399 to €42,943
of which Taxes: +€24,545
- Trade debts -€9,976
down €9,976 (-89.5%), from €11,148 to €1,172
- Gross operating margin +€118,750
up €118,750 (+534%), from €22,229 to €140,980
- Taxes +€24,455
up €24,455 (+364%), from €6,716 to €31,171
- Financial income +€1,738
new in 2025: €1,738
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 | €45,554 | €169,736 | +€124,182 | +273% |
| Fixed assets | 21/28 | - | €15,020 | +€15,020 | |
| Tangible fixed assets | 22/27 | - | €15,020 | +€15,020 | |
| Furniture and vehicles | 24 | - | €15,020 | +€15,020 | |
| Current assets | 29/58 | €45,554 | €154,716 | +€109,162 | +240% |
| Amounts receivable after more than one year | 29 | - | €35,000 | +€35,000 | |
| Other amounts receivable | 291 | - | €35,000 | +€35,000 | |
| Amounts receivable within one year | 40/41 | €25,457 | €45,638 | +€20,181 | +79.3% |
| Trade receivables | 40 | €25,450 | €43,923 | +€18,474 | +72.6% |
| Other amounts receivable | 41 | €7 | €1,715 | +€1,708 | +24,501% |
| Cash at bank and in hand | 54/58 | €17,541 | €71,291 | +€53,751 | +306% |
| Deferred charges and accrued income | 490/1 | €2,556 | €2,786 | +€230 | +9.0% |
| Total equity and liabilities | 10/49 | €45,554 | €169,736 | +€124,182 | +273% |
| Equity | 10/15 | €15,400 | €125,552 | +€110,152 | +715% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €15,250 | €125,452 | +€110,202 | +723% |
| Distributable reserves | 133 | €15,250 | €125,452 | +€110,202 | +723% |
| Profit (loss) carried forward | 14 | €50 | €0 | -€50 | -100% |
| Amounts payable | 17/49 | €30,153 | €44,183 | +€14,030 | +46.5% |
| Amounts payable within one year | 42/48 | €30,085 | €44,115 | +€14,030 | +46.6% |
| Trade debts | 44 | €11,148 | €1,172 | -€9,976 | -89.5% |
| Suppliers | 440/4 | €11,148 | €1,172 | -€9,976 | -89.5% |
| Taxes, remuneration and social security | 45 | €18,399 | €42,943 | +€24,545 | +133% |
| Taxes | 450/3 | €18,383 | €42,927 | +€24,545 | +134% |
| Remuneration and social security | 454/9 | €16 | €16 | = | 0.0% |
| Other amounts payable | 47/48 | €539 | €0 | -€539 | -100% |
| Accrued charges and deferred income | 492/3 | €68 | €68 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €757 | +€757 | |
| Other operating charges | 640/8 | €63 | €387 | +€324 | +514% |
| Gross operating margin | 9900 | €22,229 | €140,980 | +€118,750 | +534% |
| Operating profit (loss) | 9901 | €22,166 | €139,835 | +€117,669 | +531% |
| Financial income | 75/76B | - | €1,738 | +€1,738 | |
| Recurring financial income | 75 | - | €1,738 | +€1,738 | |
| Financial charges | 65/66B | €150 | €251 | +€101 | +67.0% |
| Recurring financial charges | 65 | €150 | €251 | +€101 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €22,016 | €141,323 | +€119,307 | +542% |
| Income taxes | 67/77 | €6,716 | €31,171 | +€24,455 | +364% |
| Profit (loss) for the period | 9904 | €15,300 | €110,152 | +€94,852 | +620% |
| Profit (loss) for the period to be appropriated | 9905 | €15,300 | €110,152 | +€94,852 | +620% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.