Abstract: In the method for balancing a body of revolution using a balancing machine which comprises an adjustment means for positional resetting of compensation masses, firstly the compensation masses are brought into zero positions thereof, wherein the imbalance vectors produced thereby cancel each other out. Then in a known manner the imbalance vector VI present is measured in terms of its magnitude and direction. After this at least one of the compensation masses is reset by shifting through any desired angle &agr; or by changing its distance from the axis of rotation, an additional imbalance being produced with a calibration imbalance vector V2. After this in a known manner the overall imbalance vector V3 present is measured in terms of its magnitude and direction and from the imbalance vector V1 and the overall imbalance vector V3 the calibration imbalance vector V2 is calculated from V2=V3−V1, the system comprising the balancing machine and the body of revolution being calibrated.