Balanced out can be replaced with a variety of synonyms depending on the context to convey the same meaning. The word leveled out indicates a situation in which things have stabilized and are equal. Equated implies that there is a balance between two or more things, and that they are in proportion with each other. Offset suggests that one thing has counterbalanced the other, and hence both have leveled up. Compensated denotes providing something in return to make up for a loss or imbalance. Harmonized suggests the act of bringing together by equalizing and assuring a fair distribution of a thing. Overall, these synonyms can be used interchangeably, depending on the tone of the sentence and the context.