SO BALI: 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.
SO BALI
Largest movements
- Tangible fixed assets -€22,469
down €22,469 (-65.3%), from €34,417 to €11,948
of which Land and buildings: -€18,487
- Stocks and contracts -€9,737
down €9,737 (-63.2%), from €15,407 to €5,671
- Receivables within one year +€8,435
up €8,435 (+963%), from €876 to €9,311
of which Trade receivables: +€8,944
- Cash +€4,339
up €4,339 (+76.8%), from €5,648 to €9,986
mainly Depreciation (+€22,577) and Stocks and contracts (+€9,737)
- Financial fixed assets -€3,500
down €3,500 (-100%), from €3,500 to €0
- Profit (loss) carried forward -€9,757
down €9,757 (-49.8%), from -€19,573 to -€29,330
- Current portion of long-term debt -€6,383
down €6,383 (-62.7%), from €10,176 to €3,792
- Debts after one year -€3,792
down €3,792 (-100%), from €3,792 to €0
- Other debts -€3,029
down €3,029 (-14.7%), from €20,660 to €17,630
- Trade debts -€1,028
down €1,028 (-27.2%), from €3,786 to €2,758
- Gross operating margin +€14,324
up €14,324 (+53.5%), from €26,768 to €41,092
- Depreciation +€9,853
up €9,853 (+77.4%), from €12,723 to €22,577
- Staff costs +€3,338
up €3,338 (+19.7%), from €16,973 to €20,311
- Write-downs +€1,791
new in 2025: €1,791
- Financial charges +€1,262
up €1,262 (+51.3%), from €2,460 to €3,722
of which Non-recurring financial charges: +€1,926
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 | €59,955 | €36,916 | -€23,040 | -38.4% |
| Fixed assets | 21/28 | €38,025 | €11,948 | -€26,077 | -68.6% |
| Intangible fixed assets | 21 | €108 | €0 | -€108 | -100% |
| Tangible fixed assets | 22/27 | €34,417 | €11,948 | -€22,469 | -65.3% |
| Land and buildings | 22 | €26,033 | €7,547 | -€18,487 | -71.0% |
| Furniture and vehicles | 24 | €4,262 | €1,477 | -€2,785 | -65.3% |
| Leasing and similar rights | 25 | €4,122 | €2,925 | -€1,197 | -29.0% |
| Financial fixed assets | 28 | €3,500 | €0 | -€3,500 | -100% |
| Current assets | 29/58 | €21,931 | €24,968 | +€3,037 | +13.8% |
| Stocks and contracts in progress | 3 | €15,407 | €5,671 | -€9,737 | -63.2% |
| Stocks | 30/36 | €15,407 | €5,671 | -€9,737 | -63.2% |
| Amounts receivable within one year | 40/41 | €876 | €9,311 | +€8,435 | +963% |
| Trade receivables | 40 | - | €8,944 | +€8,944 | |
| Other amounts receivable | 41 | €876 | €367 | -€509 | -58.1% |
| Cash at bank and in hand | 54/58 | €5,648 | €9,986 | +€4,339 | +76.8% |
| Total equity and liabilities | 10/49 | €59,955 | €36,916 | -€23,040 | -38.4% |
| Equity | 10/15 | €20,427 | €10,670 | -€9,757 | -47.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,573 | -€29,330 | -€9,757 | -49.8% |
| Amounts payable | 17/49 | €39,529 | €26,246 | -€13,283 | -33.6% |
| Amounts payable after more than one year | 17 | €3,792 | €0 | -€3,792 | -100% |
| Financial debts | 170/4 | €3,792 | €0 | -€3,792 | -100% |
| Amounts payable within one year | 42/48 | €35,737 | €26,246 | -€9,491 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €10,176 | €3,792 | -€6,383 | -62.7% |
| Trade debts | 44 | €3,786 | €2,758 | -€1,028 | -27.2% |
| Suppliers | 440/4 | €3,786 | €2,758 | -€1,028 | -27.2% |
| Taxes, remuneration and social security | 45 | €1,115 | €2,066 | +€950 | +85.2% |
| Taxes | 450/3 | €383 | €1,573 | +€1,190 | +310% |
| Remuneration and social security | 454/9 | €732 | €492 | -€240 | -32.7% |
| Other amounts payable | 47/48 | €20,660 | €17,630 | -€3,029 | -14.7% |
| Remuneration, social security and pensions | 62 | €16,973 | €20,311 | +€3,338 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,723 | €22,577 | +€9,853 | +77.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,791 | +€1,791 | |
| Other operating charges | 640/8 | €1,622 | €2,471 | +€848 | +52.3% |
| Gross operating margin | 9900 | €26,768 | €41,092 | +€14,324 | +53.5% |
| Operating profit (loss) | 9901 | -€4,551 | -€6,057 | -€1,506 | -33.1% |
| Financial income | 75/76B | €95 | €22 | -€72 | -76.3% |
| Recurring financial income | 75 | €95 | €22 | -€72 | -76.3% |
| Financial charges | 65/66B | €2,460 | €3,722 | +€1,262 | +51.3% |
| Recurring financial charges | 65 | €2,460 | €1,796 | -€664 | -27.0% |
| Non-recurring financial charges | 66B | - | €1,926 | +€1,926 | |
| Profit (loss) for the period before taxes | 9903 | -€6,917 | -€9,757 | -€2,840 | -41.1% |
| Profit (loss) for the period | 9904 | -€6,917 | -€9,757 | -€2,840 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,917 | -€9,757 | -€2,840 | -41.1% |
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 17 October 2026 via checked.be.