BALTA: 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.
BALTA
Largest movements
- Tangible fixed assets -€3,854
down €3,854 (-25.6%), from €15,034 to €11,179
of which Furniture and vehicles: -€2,999
- Receivables within one year -€2,992
down €2,992 (-74.6%), from €4,009 to €1,017
of which Trade receivables: -€3,344
- Stocks and contracts -€483
no longer reported in 2024 (was €483)
- Other debts -€12,032
down €12,032 (-77.9%), from €15,436 to €3,404
- Profit (loss) carried forward +€4,654
up €4,654, from -€1,845 to €2,808
- Advances received +€1,513
new in 2024: €1,513
- Trade debts -€1,299
down €1,299 (-37.5%), from €3,462 to €2,164
- Gross operating margin +€7,188
up €7,188 (+213.6%), from €3,364 to €10,552
- Staff costs -€2,191
down €2,191 (-98.3%), from €2,228 to €37
- Depreciation +€1,337
up €1,337 (+53.1%), from €2,517 to €3,854
- Taxes +€870
new in 2024: €870
- Other operating charges +€673
up €673 (+206.0%), from €327 to €1,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,229 | €12,958 | -€7,271 | -35.9% |
| Fixed assets | 21/28 | €15,445 | €11,591 | -€3,854 | -25.0% |
| Tangible fixed assets | 22/27 | €15,034 | €11,179 | -€3,854 | -25.6% |
| Furniture and vehicles | 24 | €7,356 | €4,358 | -€2,999 | -40.8% |
| Other tangible fixed assets | 26 | €7,677 | €6,822 | -€855 | -11.1% |
| Financial fixed assets | 28 | €411 | €411 | = | 0.0% |
| Current assets | 29/58 | €4,785 | €1,368 | -€3,417 | -71.4% |
| Stocks and contracts in progress | 3 | €483 | - | -€483 | |
| Stocks | 30/36 | €483 | - | -€483 | |
| Amounts receivable within one year | 40/41 | €4,009 | €1,017 | -€2,992 | -74.6% |
| Trade receivables | 40 | €3,344 | - | -€3,344 | |
| Other amounts receivable | 41 | €665 | €1,017 | +€352 | +53.0% |
| Cash at bank and in hand | 54/58 | €8 | €36 | +€28 | +327.4% |
| Deferred charges and accrued income | 490/1 | €284 | €315 | +€31 | +10.8% |
| Total equity and liabilities | 10/49 | €20,229 | €12,958 | -€7,271 | -35.9% |
| Equity | 10/15 | €355 | €5,008 | +€4,654 | +1311.9% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,845 | €2,808 | +€4,654 | |
| Amounts payable | 17/49 | €19,875 | €7,950 | -€11,925 | -60.0% |
| Amounts payable within one year | 42/48 | €19,875 | €7,950 | -€11,925 | -60.0% |
| Trade debts | 44 | €3,462 | €2,164 | -€1,299 | -37.5% |
| Suppliers | 440/4 | €3,462 | €2,164 | -€1,299 | -37.5% |
| Advances received on contracts in progress | 46 | - | €1,513 | +€1,513 | |
| Taxes, remuneration and social security | 45 | €976 | €870 | -€107 | -10.9% |
| Taxes | 450/3 | - | €870 | +€870 | |
| Remuneration and social security | 454/9 | €976 | - | -€976 | |
| Other amounts payable | 47/48 | €15,436 | €3,404 | -€12,032 | -77.9% |
| Remuneration, social security and pensions | 62 | €2,228 | €37 | -€2,191 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,517 | €3,854 | +€1,337 | +53.1% |
| Other operating charges | 640/8 | €327 | €1,000 | +€673 | +206.0% |
| Gross operating margin | 9900 | €3,364 | €10,552 | +€7,188 | +213.6% |
| Operating profit (loss) | 9901 | -€1,708 | €5,661 | +€7,369 | |
| Financial income | 75/76B | €12 | €16 | +€3 | +24.4% |
| Recurring financial income | 75 | €12 | €16 | +€3 | +24.4% |
| Financial charges | 65/66B | €150 | €153 | +€3 | +2.1% |
| Recurring financial charges | 65 | €150 | €153 | +€3 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,845 | €5,523 | +€7,369 | |
| Income taxes | 67/77 | - | €870 | +€870 | |
| Profit (loss) for the period | 9904 | -€1,845 | €4,654 | +€6,499 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,845 | €4,654 | +€6,499 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.