JOZEF BAL: what changed
JOZEF BAL
Largest movements
- Receivables within one year +€530,872
up €530,872 (+7,137%), from €7,438 to €538,311
- Tangible fixed assets -€34,693
no longer reported in 2024 (was €34,693)
of which Plant, machinery and equipment: -€19,226
- Reserves +€399,808
up €399,808 (+799%), from €50,032 to €449,840
of which Tax-exempt reserves: +€399,808
- Provisions +€133,269
new in 2024: €133,269
- Profit (loss) carried forward -€50,160
down €50,160 (-175%), from -€28,626 to -€78,787
- Trade debts +€6,902
up €6,902 (+509%), from €1,357 to €8,259
- Accrued charges and deferred income +€5,642
up €5,642 (+613%), from €921 to €6,563
- Gross operating margin +€509,552
up €509,552 (+2,868%), from €17,769 to €527,321
- Depreciation +€17,770
new in 2024: €17,770
- Taxes +€16,941
new in 2024: €16,941
- Other operating charges +€8,575
up €8,575 (+766%), from €1,119 to €9,694
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,283 | €538,678 | +€496,394 | +1,174% |
| Fixed assets | 21/28 | €34,693 | - | -€34,693 | |
| Tangible fixed assets | 22/27 | €34,693 | - | -€34,693 | |
| Land and buildings | 22 | €15,467 | - | -€15,467 | |
| Plant, machinery and equipment | 23 | €19,226 | - | -€19,226 | |
| Current assets | 29/58 | €7,591 | €538,678 | +€531,087 | +6,997% |
| Amounts receivable within one year | 40/41 | €7,438 | €538,311 | +€530,872 | +7,137% |
| Other amounts receivable | 41 | €7,438 | €538,311 | +€530,872 | +7,137% |
| Cash at bank and in hand | 54/58 | €152 | €367 | +€215 | +141% |
| Total equity and liabilities | 10/49 | €42,283 | €538,678 | +€496,394 | +1,174% |
| Equity | 10/15 | €40,006 | €389,653 | +€349,647 | +874% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,032 | €449,840 | +€399,808 | +799% |
| Non-distributable reserves | 130/1 | €3,613 | €3,613 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,613 | €3,613 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €418,558 | +€399,808 | +2,132% |
| Distributable reserves | 133 | €27,669 | €27,669 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,626 | -€78,787 | -€50,160 | -175% |
| Provisions and deferred taxes | 16 | - | €133,269 | +€133,269 | |
| Deferred taxes | 168 | - | €133,269 | +€133,269 | |
| Amounts payable | 17/49 | €2,278 | €15,755 | +€13,478 | +592% |
| Amounts payable within one year | 42/48 | €1,357 | €9,192 | +€7,836 | +578% |
| Trade debts | 44 | €1,357 | €8,259 | +€6,902 | +509% |
| Suppliers | 440/4 | €1,357 | €8,259 | +€6,902 | +509% |
| Taxes, remuneration and social security | 45 | - | €933 | +€933 | |
| Taxes | 450/3 | - | €933 | +€933 | |
| Accrued charges and deferred income | 492/3 | €921 | €6,563 | +€5,642 | +613% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,770 | +€17,770 | |
| Other operating charges | 640/8 | €1,119 | €9,694 | +€8,575 | +766% |
| Gross operating margin | 9900 | €17,769 | €527,321 | +€509,552 | +2,868% |
| Operating profit (loss) | 9901 | €16,650 | €499,857 | +€483,207 | +2,902% |
| Financial charges | 65/66B | €60 | - | -€60 | |
| Recurring financial charges | 65 | €60 | - | -€60 | |
| Profit (loss) for the period before taxes | 9903 | €16,590 | €499,857 | +€483,267 | +2,913% |
| Transfer to deferred taxes | 680 | - | €133,269 | +€133,269 | |
| Income taxes | 67/77 | - | €16,941 | +€16,941 | |
| Profit (loss) for the period | 9904 | €16,590 | €349,647 | +€333,057 | +2,008% |
| Transfer to tax-exempt reserves | 689 | - | €399,808 | +€399,808 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,590 | -€50,160 | -€66,750 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.