BALOO: 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.
BALOO
Largest movements
- Receivables within one year +€21,943
up €21,943 (+48.0%), from €45,690 to €67,633
- Cash -€2,536
down €2,536 (-14.7%), from €17,307 to €14,772
mainly Receivables within one year (-€21,943) and Trade debts (-€6,619)
- Intangible fixed assets -€1,744
down €1,744 (-31.7%), from €5,505 to €3,761
- Tangible fixed assets -€1,560
down €1,560 (-27.1%), from €5,758 to €4,198
of which Plant, machinery and equipment: -€1,000
- Profit (loss) carried forward +€15,001
up €15,001 (+4,140%), from €362 to €15,364
- Tax, wage and social debts +€7,722
up €7,722 (+27.1%), from €28,474 to €36,196
of which Taxes: +€7,928
- Trade debts -€6,619
down €6,619 (-26.7%), from €24,770 to €18,151
- Gross operating margin +€31,201
up €31,201 (+71.2%), from €43,806 to €75,007
- Staff costs +€26,544
up €26,544 (+118%), from €22,570 to €49,115
- Financial charges +€1,252
up €1,252 (+120%), from €1,045 to €2,296
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 | €75,606 | €91,710 | +€16,104 | +21.3% |
| Fixed assets | 21/28 | €11,263 | €7,959 | -€3,304 | -29.3% |
| Intangible fixed assets | 21 | €5,505 | €3,761 | -€1,744 | -31.7% |
| Tangible fixed assets | 22/27 | €5,758 | €4,198 | -€1,560 | -27.1% |
| Plant, machinery and equipment | 23 | €3,344 | €2,344 | -€1,000 | -29.9% |
| Other tangible fixed assets | 26 | €2,414 | €1,854 | -€560 | -23.2% |
| Current assets | 29/58 | €64,343 | €83,751 | +€19,408 | +30.2% |
| Stocks and contracts in progress | 3 | €1,346 | €1,346 | = | 0.0% |
| Stocks | 30/36 | €1,346 | €1,346 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,690 | €67,633 | +€21,943 | +48.0% |
| Other amounts receivable | 41 | €45,690 | €67,633 | +€21,943 | +48.0% |
| Cash at bank and in hand | 54/58 | €17,307 | €14,772 | -€2,536 | -14.7% |
| Total equity and liabilities | 10/49 | €75,606 | €91,710 | +€16,104 | +21.3% |
| Equity | 10/15 | €22,362 | €37,364 | +€15,001 | +67.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €362 | €15,364 | +€15,001 | +4,140% |
| Amounts payable | 17/49 | €53,244 | €54,346 | +€1,103 | +2.1% |
| Amounts payable within one year | 42/48 | €53,244 | €54,346 | +€1,103 | +2.1% |
| Trade debts | 44 | €24,770 | €18,151 | -€6,619 | -26.7% |
| Suppliers | 440/4 | €24,770 | €18,151 | -€6,619 | -26.7% |
| Taxes, remuneration and social security | 45 | €28,474 | €36,196 | +€7,722 | +27.1% |
| Taxes | 450/3 | €24,879 | €32,807 | +€7,928 | +31.9% |
| Remuneration and social security | 454/9 | €3,595 | €3,388 | -€207 | -5.8% |
| Remuneration, social security and pensions | 62 | €22,570 | €49,115 | +€26,544 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,130 | €3,304 | +€174 | +5.6% |
| Other operating charges | 640/8 | €2,085 | €2,352 | +€266 | +12.8% |
| Gross operating margin | 9900 | €43,806 | €75,007 | +€31,201 | +71.2% |
| Operating profit (loss) | 9901 | €16,020 | €20,237 | +€4,217 | +26.3% |
| Financial income | 75/76B | €2,305 | €2,663 | +€359 | +15.6% |
| Recurring financial income | 75 | €2,305 | €2,663 | +€359 | +15.6% |
| Financial charges | 65/66B | €1,045 | €2,296 | +€1,252 | +120% |
| Recurring financial charges | 65 | €1,045 | €2,296 | +€1,252 | +120% |
| Profit (loss) for the period before taxes | 9903 | €17,280 | €20,604 | +€3,324 | +19.2% |
| Income taxes | 67/77 | €5,244 | €5,603 | +€359 | +6.8% |
| Profit (loss) for the period | 9904 | €12,036 | €15,001 | +€2,965 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,036 | €15,001 | +€2,965 | +24.6% |
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 30 October 2026 via checked.be.