LE BALLON ROUGE: 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.
LE BALLON ROUGE
Largest movements
- Cash -€91,370
down €91,370 (-52.1%), from €175,396 to €84,026
mainly Receivables within one year (-€74,328) and Net result for the year (-€20,455)
- Receivables within one year +€74,328
up €74,328 (+30.3%), from €244,960 to €319,288
of which Other amounts receivable: +€62,703
- Tangible fixed assets +€8,121
up €8,121 (+57.7%), from €14,081 to €22,202
of which Furniture and vehicles: +€9,521
- Profit (loss) carried forward -€20,455
down €20,455 (-13.1%), from -€156,131 to -€176,586
- Debts within one year +€8,967
up €8,967 (+2.3%), from €386,444 to €395,411
of which Tax, wage and social debts: +€21,799
- Gross operating margin -€52,441
down €52,441 (-2.9%), from €1.8m to €1.7m
- Purchases and services +€49,991
up €49,991 (+47.5%), from €105,219 to €155,211
- Turnover -€48,362
down €48,362 (-39.8%), from €121,548 to €73,187
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 | €437,587 | €425,541 | -€12,046 | -2.8% |
| Fixed assets | 21/28 | €14,106 | €22,227 | +€8,121 | +57.6% |
| Tangible fixed assets | 22/27 | €14,081 | €22,202 | +€8,121 | +57.7% |
| Plant, machinery and equipment | 23 | €894 | €52 | -€842 | -94.2% |
| Furniture and vehicles | 24 | €12,629 | €22,150 | +€9,521 | +75.4% |
| Other tangible fixed assets | 26 | €558 | - | -€558 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €423,482 | €403,315 | -€20,167 | -4.8% |
| Amounts receivable within one year | 40/41 | €244,960 | €319,288 | +€74,328 | +30.3% |
| Trade receivables | 40 | €60,757 | €72,382 | +€11,625 | +19.1% |
| Other amounts receivable | 41 | €184,203 | €246,906 | +€62,703 | +34.0% |
| Cash at bank and in hand | 54/58 | €175,396 | €84,026 | -€91,370 | -52.1% |
| Deferred charges and accrued income | 490/1 | €3,125 | - | -€3,125 | |
| Total equity and liabilities | 10/49 | €437,587 | €425,541 | -€12,046 | -2.8% |
| Equity | 10/15 | -€116,855 | -€137,867 | -€21,012 | -18.0% |
| Reserves | 13 | €38,719 | €38,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,131 | -€176,586 | -€20,455 | -13.1% |
| Investment grants | 15 | €557 | - | -€557 | |
| Provisions and deferred taxes | 16 | €167,998 | €167,998 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €167,998 | €167,998 | = | 0.0% |
| Other liabilities and charges | 164/5 | €167,998 | €167,998 | = | 0.0% |
| Amounts payable | 17/49 | €386,444 | €395,411 | +€8,967 | +2.3% |
| Amounts payable within one year | 42/48 | €386,444 | €395,411 | +€8,967 | +2.3% |
| Trade debts | 44 | €12,075 | - | -€12,075 | |
| Suppliers | 440/4 | €12,075 | - | -€12,075 | |
| Taxes, remuneration and social security | 45 | €262,210 | €284,009 | +€21,799 | +8.3% |
| Taxes | 450/3 | €6,469 | €18,258 | +€11,789 | +182% |
| Remuneration and social security | 454/9 | €255,741 | €265,751 | +€10,010 | +3.9% |
| Turnover | 70 | €121,548 | €73,187 | -€48,362 | -39.8% |
| Membership fees, donations, legacies and grants | 73 | €1,771,501 | €1,809,415 | +€37,914 | +2.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,219 | €155,211 | +€49,991 | +47.5% |
| Remuneration, social security and pensions | 62 | €1,711,117 | €1,728,622 | +€17,504 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,637 | €4,849 | +€211 | +4.6% |
| Other operating charges | 640/8 | €17,293 | €6,010 | -€11,282 | -65.2% |
| Non-recurring operating charges | 66A | €8,630 | €16,363 | +€7,734 | +89.6% |
| Gross operating margin | 9900 | €1,787,830 | €1,735,389 | -€52,441 | -2.9% |
| Operating profit (loss) | 9901 | -€63,233 | -€20,455 | +€42,777 | +67.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €600 | - | -€600 | |
| Recurring financial charges | 65 | €600 | - | -€600 | |
| Profit (loss) for the period before taxes | 9903 | -€63,832 | -€20,455 | +€43,377 | +68.0% |
| Profit (loss) for the period | 9904 | -€63,832 | -€20,455 | +€43,377 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,832 | -€20,455 | +€43,377 | +68.0% |
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 26 October 2026 via checked.be.