BalStru: 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.
BalStru
Largest movements
- Cash +€10,903
up €10,903 (+31.9%), from €34,132 to €45,035
mainly Other debts (+€42,508) and Net result for the year (+€17,059)
- Tangible fixed assets -€4,769
down €4,769 (-10.7%), from €44,767 to €39,998
of which Furniture and vehicles: -€4,484
- Other debts +€42,508
up €42,508 (+6316.2%), from €673 to €43,181
- Profit (loss) carried forward -€32,941
down €32,941 (-54.4%), from €60,599 to €27,658
- Tax, wage and social debts -€4,448
down €4,448 (-73.1%), from €6,082 to €1,634
- Depreciation -€5,529
down €5,529 (-44.6%), from €12,397 to €6,868
- Gross operating margin -€2,697
down €2,697 (-8.1%), from €33,368 to €30,671
- Financial charges +€1,148
up €1,148 (+781.0%), from €147 to €1,295
- Taxes +€349
up €349 (+8.1%), from €4,286 to €4,635
- Staff costs +€337
up €337 (+117.4%), from €287 to €624
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 | €79,994 | €85,309 | +€5,315 | +6.6% |
| Fixed assets | 21/28 | €44,767 | €39,998 | -€4,769 | -10.7% |
| Tangible fixed assets | 22/27 | €44,767 | €39,998 | -€4,769 | -10.7% |
| Land and buildings | 22 | €1,727 | €1,538 | -€189 | -10.9% |
| Plant, machinery and equipment | 23 | €172 | €76 | -€96 | -55.8% |
| Furniture and vehicles | 24 | €42,868 | €38,384 | -€4,484 | -10.5% |
| Current assets | 29/58 | €35,227 | €45,311 | +€10,084 | +28.6% |
| Amounts receivable within one year | 40/41 | €931 | €276 | -€655 | -70.4% |
| Other amounts receivable | 41 | €931 | €276 | -€655 | -70.4% |
| Cash at bank and in hand | 54/58 | €34,132 | €45,035 | +€10,903 | +31.9% |
| Deferred charges and accrued income | 490/1 | €164 | - | -€164 | |
| Total equity and liabilities | 10/49 | €79,994 | €85,309 | +€5,315 | +6.6% |
| Equity | 10/15 | €70,599 | €37,658 | -€32,941 | -46.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,599 | €27,658 | -€32,941 | -54.4% |
| Amounts payable | 17/49 | €9,395 | €47,651 | +€38,256 | +407.2% |
| Amounts payable within one year | 42/48 | €8,242 | €46,497 | +€38,255 | +464.1% |
| Current portion of amounts payable after more than one year | 42 | €1,194 | €1,194 | = | 0.0% |
| Trade debts | 44 | €293 | €488 | +€195 | +66.6% |
| Suppliers | 440/4 | €293 | €488 | +€195 | +66.6% |
| Taxes, remuneration and social security | 45 | €6,082 | €1,634 | -€4,448 | -73.1% |
| Taxes | 450/3 | €6,082 | €1,634 | -€4,448 | -73.1% |
| Other amounts payable | 47/48 | €673 | €43,181 | +€42,508 | +6316.2% |
| Accrued charges and deferred income | 492/3 | €1,153 | €1,154 | +€1 | +0.1% |
| Remuneration, social security and pensions | 62 | €287 | €624 | +€337 | +117.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,397 | €6,868 | -€5,529 | -44.6% |
| Other operating charges | 640/8 | €137 | €244 | +€107 | +78.1% |
| Gross operating margin | 9900 | €33,368 | €30,671 | -€2,697 | -8.1% |
| Operating profit (loss) | 9901 | €20,547 | €22,935 | +€2,388 | +11.6% |
| Financial income | 75/76B | €51 | €54 | +€3 | +5.9% |
| Recurring financial income | 75 | €51 | €54 | +€3 | +5.9% |
| Financial charges | 65/66B | €147 | €1,295 | +€1,148 | +781.0% |
| Recurring financial charges | 65 | €147 | €1,295 | +€1,148 | +781.0% |
| Profit (loss) for the period before taxes | 9903 | €20,451 | €21,694 | +€1,243 | +6.1% |
| Income taxes | 67/77 | €4,286 | €4,635 | +€349 | +8.1% |
| Profit (loss) for the period | 9904 | €16,165 | €17,059 | +€894 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,165 | €17,059 | +€894 | +5.5% |
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 4 October 2026 via checked.be.