N. Ballet: 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.
N. Ballet
Largest movements
- Cash +€36,315
up €36,315 (+48.7%), from €74,511 to €110,825
mainly Net result for the year (+€22,185) and Receivables within one year (+€12,100)
- Receivables within one year -€12,100
down €12,100 (-100.0%), from €12,100 to €0
- Reserves +€22,185
up €22,185 (+39.2%), from €56,552 to €78,737
- Tax, wage and social debts +€1,349
up €1,349 (+7.6%), from €17,826 to €19,175
- Gross operating margin -€2,224
down €2,224 (-7.1%), from €31,353 to €29,129
- Financial charges -€997
down €997 (-50.3%), from €1,979 to €983
- Financial income +€841
up €841 (+510.4%), from €165 to €1,005
- Taxes -€518
down €518 (-7.4%), from €7,023 to €6,505
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.
Cash bridge derived
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 | €86,611 | €110,825 | +€24,215 | +28.0% |
| Current assets | 29/58 | €86,611 | €110,825 | +€24,215 | +28.0% |
| Amounts receivable within one year | 40/41 | €12,100 | €0 | -€12,100 | -100.0% |
| Trade receivables | 40 | €12,100 | €0 | -€12,100 | -100.0% |
| Cash at bank and in hand | 54/58 | €74,511 | €110,825 | +€36,315 | +48.7% |
| Total equity and liabilities | 10/49 | €86,611 | €110,825 | +€24,215 | +28.0% |
| Equity | 10/15 | €58,552 | €80,737 | +€22,185 | +37.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €56,552 | €78,737 | +€22,185 | +39.2% |
| Distributable reserves | 133 | €56,552 | €78,737 | +€22,185 | +39.2% |
| Amounts payable | 17/49 | €28,059 | €30,088 | +€2,030 | +7.2% |
| Amounts payable within one year | 42/48 | €28,059 | €30,088 | +€2,030 | +7.2% |
| Trade debts | 44 | €177 | €711 | +€533 | +300.9% |
| Suppliers | 440/4 | €177 | €711 | +€533 | +300.9% |
| Taxes, remuneration and social security | 45 | €17,826 | €19,175 | +€1,349 | +7.6% |
| Taxes | 450/3 | €17,826 | €19,175 | +€1,349 | +7.6% |
| Other amounts payable | 47/48 | €10,055 | €10,203 | +€148 | +1.5% |
| Other operating charges | 640/8 | €659 | €462 | -€197 | -29.9% |
| Gross operating margin | 9900 | €31,353 | €29,129 | -€2,224 | -7.1% |
| Operating profit (loss) | 9901 | €30,694 | €28,668 | -€2,027 | -6.6% |
| Financial income | 75/76B | €165 | €1,005 | +€841 | +510.4% |
| Recurring financial income | 75 | €165 | €1,005 | +€841 | +510.4% |
| Financial charges | 65/66B | €1,979 | €983 | -€997 | -50.3% |
| Recurring financial charges | 65 | €1,979 | €983 | -€997 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €28,879 | €28,690 | -€189 | -0.7% |
| Income taxes | 67/77 | €7,023 | €6,505 | -€518 | -7.4% |
| Profit (loss) for the period | 9904 | €21,856 | €22,185 | +€329 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,856 | €22,185 | +€329 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.