BALSIMMO: 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.
BALSIMMO
Largest movements
- Cash +€89,314
up €89,314 (+81.6%), from €109,512 to €198,826
mainly Net result for the year (+€87,156) and Current investments (+€40,000)
- Receivables within one year +€50,717
up €50,717 (+52.4%), from €96,778 to €147,496
of which Other amounts receivable: +€79,639
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Tangible fixed assets -€22,541
down €22,541 (-7.3%), from €306,891 to €284,350
of which Land and buildings: -€17,557
- Reserves +€77,429
up €77,429 (+7.2%), from €1.1m to €1.2m
of which Distributable reserves: +€81,222
- Financial income -€2,240
down €2,240 (-1.8%), from €124,638 to €122,398
- Gross operating margin +€1,986
up €1,986 (+20.2%), from €9,833 to €11,819
- Depreciation -€1,140
down €1,140 (-3.6%), from €31,382 to €30,243
- Financial charges +€463
up €463 (+102%), from €456 to €919
- Taxes -€222
down €222 (-2.4%), from €9,317 to €9,095
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 | €1,175,242 | €1,252,559 | +€77,317 | +6.6% |
| Fixed assets | 21/28 | €921,442 | €898,901 | -€22,541 | -2.4% |
| Tangible fixed assets | 22/27 | €306,891 | €284,350 | -€22,541 | -7.3% |
| Land and buildings | 22 | €301,504 | €283,947 | -€17,557 | -5.8% |
| Plant, machinery and equipment | 23 | €5,387 | €403 | -€4,984 | -92.5% |
| Financial fixed assets | 28 | €614,551 | €614,551 | = | 0.0% |
| Current assets | 29/58 | €253,800 | €353,658 | +€99,858 | +39.3% |
| Amounts receivable within one year | 40/41 | €96,778 | €147,496 | +€50,717 | +52.4% |
| Trade receivables | 40 | €28,922 | - | -€28,922 | |
| Other amounts receivable | 41 | €67,857 | €147,496 | +€79,639 | +117% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €109,512 | €198,826 | +€89,314 | +81.6% |
| Deferred charges and accrued income | 490/1 | €7,510 | €7,337 | -€173 | -2.3% |
| Total equity and liabilities | 10/49 | €1,175,242 | €1,252,559 | +€77,317 | +6.6% |
| Equity | 10/15 | €1,141,922 | €1,219,351 | +€77,429 | +6.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,079,961 | €1,157,390 | +€77,429 | +7.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,793 | - | -€3,793 | |
| Distributable reserves | 133 | €1,070,018 | €1,151,240 | +€81,222 | +7.6% |
| Profit (loss) carried forward | 14 | €461 | €461 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,954 | - | -€1,954 | |
| Deferred taxes | 168 | €1,954 | - | -€1,954 | |
| Amounts payable | 17/49 | €31,365 | €33,207 | +€1,842 | +5.9% |
| Amounts payable after more than one year | 17 | €13,841 | €14,404 | +€564 | +4.1% |
| Other amounts payable | 178/9 | €13,841 | €14,404 | +€564 | +4.1% |
| Amounts payable within one year | 42/48 | €17,525 | €18,247 | +€723 | +4.1% |
| Trade debts | 44 | €7,060 | €7,487 | +€427 | +6.0% |
| Suppliers | 440/4 | €7,060 | €7,487 | +€427 | +6.0% |
| Taxes, remuneration and social security | 45 | €9,489 | €10,761 | +€1,271 | +13.4% |
| Taxes | 450/3 | €9,489 | €10,761 | +€1,271 | +13.4% |
| Other amounts payable | 47/48 | €975 | - | -€975 | |
| Accrued charges and deferred income | 492/3 | - | €556 | +€556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,382 | €30,243 | -€1,140 | -3.6% |
| Other operating charges | 640/8 | €8,649 | €8,759 | +€110 | +1.3% |
| Gross operating margin | 9900 | €9,833 | €11,819 | +€1,986 | +20.2% |
| Operating profit (loss) | 9901 | -€30,198 | -€27,182 | +€3,016 | +10.0% |
| Financial income | 75/76B | €124,638 | €122,398 | -€2,240 | -1.8% |
| Recurring financial income | 75 | €124,638 | €122,398 | -€2,240 | -1.8% |
| Financial charges | 65/66B | €456 | €919 | +€463 | +102% |
| Recurring financial charges | 65 | €456 | €919 | +€463 | +102% |
| Profit (loss) for the period before taxes | 9903 | €93,984 | €94,297 | +€312 | +0.3% |
| Transfer from deferred taxes | 780 | €2,890 | €1,954 | -€936 | -32.4% |
| Income taxes | 67/77 | €9,317 | €9,095 | -€222 | -2.4% |
| Profit (loss) for the period | 9904 | €87,558 | €87,156 | -€402 | -0.5% |
| Transfer from tax-exempt reserves | 789 | €5,610 | €3,793 | -€1,817 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,168 | €90,950 | -€2,218 | -2.4% |
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 14 October 2026 via checked.be.