Balteau Non Destructive Testing: 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.
Balteau Non Destructive Testing
Largest movements
- Receivables within one year -€262,755
down €262,755 (-60.0%), from €437,950 to €175,195
of which Trade receivables: -€259,651
- Stocks and contracts +€239,856
up €239,856 (+30.2%), from €793,477 to €1.0m
- Cash +€201,104
up €201,104 (+2,957%), from €6,802 to €207,906
mainly Receivables within one year (+€262,755) and Trade debts (+€261,499)
- Tangible fixed assets +€26,997
up €26,997 (+52.8%), from €51,177 to €78,174
of which Furniture and vehicles: +€29,740
- Trade debts +€261,499
up €261,499 (+143%), from €183,105 to €444,604
- Short-term financial debts -€127,861
down €127,861 (-33.8%), from €377,861 to €250,000
- Reserves +€84,000
up €84,000 (+122%), from €69,000 to €153,000
of which Distributable reserves: +€79,000
- Tax, wage and social debts +€41,198
up €41,198 (+25.5%), from €161,715 to €202,913
of which Remuneration and social security: +€30,144
- Accrued charges and deferred income -€30,776
down €30,776 (-86.4%), from €35,640 to €4,864
- Other operating charges +€51,931
up €51,931 (+356%), from €14,595 to €66,526
- Write-downs -€50,658
down €50,658, from €2,165 to -€48,493
- Provisions -€16,054
down €16,054, from €10,985 to -€5,069
- Staff costs +€14,529
up €14,529 (+1.3%), from €1.1m to €1.1m
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 | €1,303,086 | €1,510,734 | +€207,649 | +15.9% |
| Fixed assets | 21/28 | €56,048 | €83,045 | +€26,997 | +48.2% |
| Tangible fixed assets | 22/27 | €51,177 | €78,174 | +€26,997 | +52.8% |
| Land and buildings | 22 | €40,354 | €40,354 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,259 | €7,516 | -€2,743 | -26.7% |
| Furniture and vehicles | 24 | €564 | €30,304 | +€29,740 | +5,272% |
| Financial fixed assets | 28 | €4,871 | €4,871 | = | 0.0% |
| Current assets | 29/58 | €1,247,037 | €1,427,689 | +€180,652 | +14.5% |
| Stocks and contracts in progress | 3 | €793,477 | €1,033,334 | +€239,856 | +30.2% |
| Stocks | 30/36 | €793,477 | €1,033,334 | +€239,856 | +30.2% |
| Amounts receivable within one year | 40/41 | €437,950 | €175,195 | -€262,755 | -60.0% |
| Trade receivables | 40 | €427,436 | €167,785 | -€259,651 | -60.7% |
| Other amounts receivable | 41 | €10,514 | €7,410 | -€3,104 | -29.5% |
| Cash at bank and in hand | 54/58 | €6,802 | €207,906 | +€201,104 | +2,957% |
| Deferred charges and accrued income | 490/1 | €8,808 | €11,255 | +€2,446 | +27.8% |
| Total equity and liabilities | 10/49 | €1,303,086 | €1,510,734 | +€207,649 | +15.9% |
| Equity | 10/15 | €494,808 | €578,576 | +€83,768 | +16.9% |
| Contributions | 10/11 | €417,432 | €417,432 | = | 0.0% |
| Capital | 10 | €417,432 | €417,432 | = | 0.0% |
| Issued capital | 100 | €417,432 | €417,432 | = | 0.0% |
| Reserves | 13 | €69,000 | €153,000 | +€84,000 | +122% |
| Non-distributable reserves | 130/1 | €8,000 | €13,000 | +€5,000 | +62.5% |
| Legal reserve | 130 | €8,000 | €13,000 | +€5,000 | +62.5% |
| Distributable reserves | 133 | €61,000 | €140,000 | +€79,000 | +130% |
| Profit (loss) carried forward | 14 | €918 | €687 | -€232 | -25.2% |
| Investment grants | 15 | €7,457 | €7,457 | = | 0.0% |
| Provisions and deferred taxes | 16 | €34,847 | €29,778 | -€5,069 | -14.5% |
| Provisions for liabilities and charges | 160/5 | €31,007 | €25,938 | -€5,069 | -16.3% |
| Other liabilities and charges | 164/5 | €31,007 | €25,938 | -€5,069 | -16.3% |
| Deferred taxes | 168 | €3,840 | €3,840 | = | 0.0% |
| Amounts payable | 17/49 | €773,431 | €902,380 | +€128,949 | +16.7% |
| Amounts payable after more than one year | 17 | €15,110 | €0 | -€15,110 | -100% |
| Other amounts payable | 178/9 | €15,110 | €0 | -€15,110 | -100% |
| Amounts payable within one year | 42/48 | €722,682 | €897,517 | +€174,835 | +24.2% |
| Financial debts | 43 | €377,861 | €250,000 | -€127,861 | -33.8% |
| Credit institutions | 430/8 | €377,861 | €250,000 | -€127,861 | -33.8% |
| Trade debts | 44 | €183,105 | €444,604 | +€261,499 | +143% |
| Suppliers | 440/4 | €183,105 | €444,604 | +€261,499 | +143% |
| Taxes, remuneration and social security | 45 | €161,715 | €202,913 | +€41,198 | +25.5% |
| Taxes | 450/3 | €15,643 | €26,697 | +€11,054 | +70.7% |
| Remuneration and social security | 454/9 | €146,071 | €176,215 | +€30,144 | +20.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €35,640 | €4,864 | -€30,776 | -86.4% |
| Remuneration, social security and pensions | 62 | €1,093,746 | €1,108,275 | +€14,529 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,442 | €9,598 | +€4,156 | +76.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,165 | -€48,493 | -€50,658 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,985 | -€5,069 | -€16,054 | |
| Other operating charges | 640/8 | €14,595 | €66,526 | +€51,931 | +356% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,233,927 | €1,246,040 | +€12,112 | +1.0% |
| Operating profit (loss) | 9901 | €106,994 | €115,202 | +€8,208 | +7.7% |
| Financial income | 75/76B | €5,077 | €4,697 | -€379 | -7.5% |
| Recurring financial income | 75 | €5,077 | €4,697 | -€379 | -7.5% |
| Financial charges | 65/66B | €45,576 | €35,348 | -€10,229 | -22.4% |
| Recurring financial charges | 65 | €45,576 | €35,348 | -€10,229 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €66,495 | €84,552 | +€18,057 | +27.2% |
| Income taxes | 67/77 | €576 | €783 | +€207 | +36.0% |
| Profit (loss) for the period | 9904 | €65,918 | €83,768 | +€17,850 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,918 | €83,768 | +€17,850 | +27.1% |
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 24 October 2026 via checked.be.