LE MONDE DE BALDA: what changed
LE MONDE DE BALDA
Largest movements
- Stocks and contracts +€43,074
up €43,074 (+82.2%), from €52,382 to €95,456
- Cash +€35,761
up €35,761 (+175%), from €20,444 to €56,206
mainly Net result for the year (+€64,668) and Tax, wage and social debts (+€21,670)
- Receivables within one year -€7,972
down €7,972 (-80.4%), from €9,921 to €1,948
of which Trade receivables: -€8,158
- Tangible fixed assets -€6,291
down €6,291 (-3.4%), from €185,476 to €179,185
of which Land and buildings: -€7,784
- Deferred charges and accrued income -€3,792
down €3,792 (-91.1%), from €4,163 to €371
- Profit (loss) carried forward +€48,835
up €48,835, from -€34,221 to €14,615
- Debts after one year -€34,524
down €34,524 (-16.7%), from €206,730 to €172,206
of which Financial debts: -€17,407
- Tax, wage and social debts +€21,670
up €21,670 (+118%), from €18,316 to €39,986
of which Taxes: +€20,121
- Reserves +€15,000
up €15,000 (+600%), from €2,500 to €17,500
of which Distributable reserves: +€17,500
- Trade debts +€7,071
up €7,071 (+18.2%), from €38,798 to €45,869
- Gross operating margin +€52,771
up €52,771 (+45.2%), from €116,863 to €169,634
- Taxes +€19,563
up €19,563 (+268%), from €7,296 to €26,859
- Staff costs +€1,867
up €1,867 (+3.5%), from €52,949 to €54,815
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,387 | €333,166 | +€60,780 | +22.3% |
| Fixed assets | 21/28 | €185,476 | €179,185 | -€6,291 | -3.4% |
| Tangible fixed assets | 22/27 | €185,476 | €179,185 | -€6,291 | -3.4% |
| Land and buildings | 22 | €172,552 | €164,768 | -€7,784 | -4.5% |
| Furniture and vehicles | 24 | €1,692 | €2,945 | +€1,253 | +74.1% |
| Other tangible fixed assets | 26 | €11,232 | €11,472 | +€240 | +2.1% |
| Current assets | 29/58 | €86,910 | €153,981 | +€67,070 | +77.2% |
| Stocks and contracts in progress | 3 | €52,382 | €95,456 | +€43,074 | +82.2% |
| Stocks | 30/36 | €52,382 | €95,456 | +€43,074 | +82.2% |
| Amounts receivable within one year | 40/41 | €9,921 | €1,948 | -€7,972 | -80.4% |
| Trade receivables | 40 | €9,921 | €1,763 | -€8,158 | -82.2% |
| Other amounts receivable | 41 | - | €186 | +€186 | |
| Cash at bank and in hand | 54/58 | €20,444 | €56,206 | +€35,761 | +175% |
| Deferred charges and accrued income | 490/1 | €4,163 | €371 | -€3,792 | -91.1% |
| Total equity and liabilities | 10/49 | €272,387 | €333,166 | +€60,780 | +22.3% |
| Equity | 10/15 | -€6,721 | €57,115 | +€63,835 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €17,500 | +€15,000 | +600% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Distributable reserves | 133 | - | €17,500 | +€17,500 | |
| Profit (loss) carried forward | 14 | -€34,221 | €14,615 | +€48,835 | |
| Amounts payable | 17/49 | €279,107 | €276,051 | -€3,056 | -1.1% |
| Amounts payable after more than one year | 17 | €206,730 | €172,206 | -€34,524 | -16.7% |
| Financial debts | 170/4 | €110,436 | €93,028 | -€17,407 | -15.8% |
| Other amounts payable | 178/9 | €96,294 | €79,178 | -€17,117 | -17.8% |
| Amounts payable within one year | 42/48 | €72,378 | €103,846 | +€31,468 | +43.5% |
| Current portion of amounts payable after more than one year | 42 | €15,263 | €17,407 | +€2,144 | +14.0% |
| Trade debts | 44 | €38,798 | €45,869 | +€7,071 | +18.2% |
| Suppliers | 440/4 | €38,798 | €45,869 | +€7,071 | +18.2% |
| Taxes, remuneration and social security | 45 | €18,316 | €39,986 | +€21,670 | +118% |
| Taxes | 450/3 | €12,565 | €32,686 | +€20,121 | +160% |
| Remuneration and social security | 454/9 | €5,751 | €7,300 | +€1,549 | +26.9% |
| Other amounts payable | 47/48 | - | €583 | +€583 | |
| Remuneration, social security and pensions | 62 | €52,949 | €54,815 | +€1,867 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,579 | €9,811 | +€1,232 | +14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,820 | €5,671 | -€150 | -2.6% |
| Other operating charges | 640/8 | €2,415 | €2,368 | -€47 | -1.9% |
| Gross operating margin | 9900 | €116,863 | €169,634 | +€52,771 | +45.2% |
| Operating profit (loss) | 9901 | €47,100 | €96,969 | +€49,869 | +106% |
| Financial income | 75/76B | €358 | €623 | +€264 | +73.8% |
| Recurring financial income | 75 | €358 | €623 | +€264 | +73.8% |
| Financial charges | 65/66B | €7,522 | €6,065 | -€1,457 | -19.4% |
| Recurring financial charges | 65 | €7,522 | €6,065 | -€1,457 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €39,936 | €91,527 | +€51,591 | +129% |
| Income taxes | 67/77 | €7,296 | €26,859 | +€19,563 | +268% |
| Profit (loss) for the period | 9904 | €32,640 | €64,668 | +€32,028 | +98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,640 | €64,668 | +€32,028 | +98.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.