À BLOC: 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.
À BLOC
Largest movements
- Stocks and contracts -€38,935
down €38,935 (-12.1%), from €321,027 to €282,092
- Tangible fixed assets -€30,889
down €30,889 (-9.1%), from €338,921 to €308,031
- Cash -€10,556
down €10,556 (-84.6%), from €12,475 to €1,919
mainly Debts after one year (-€49,753) and Short-term financial debts (-€13,072)
- Receivables within one year -€8,840
down €8,840 (-21.1%), from €41,980 to €33,140
of which Trade receivables: -€8,840
- Debts after one year -€49,753
down €49,753 (-13.2%), from €376,364 to €326,611
of which Financial debts: -€42,308
- Short-term financial debts -€13,072
down €13,072 (-19.4%), from €67,435 to €54,363
- Advances received -€12,500
down €12,500 (-100%), from €12,500 to €0
- Trade debts -€8,366
down €8,366 (-57.6%), from €14,530 to €6,164
- Gross operating margin -€8,110
down €8,110 (-14.2%), from €57,046 to €48,936
- Financial charges -€6,024
down €6,024 (-28.7%), from €20,968 to €14,944
- Taxes +€6,017
new in 2025: €6,017
- Depreciation -€5,724
down €5,724 (-15.6%), from €36,613 to €30,889
- Financial income +€1,522
up €1,522 (+868%), from €175 to €1,697
of which Non-recurring financial income: +€1,545
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 | €714,403 | €625,183 | -€89,220 | -12.5% |
| Fixed assets | 21/28 | €338,921 | €308,031 | -€30,889 | -9.1% |
| Tangible fixed assets | 22/27 | €338,921 | €308,031 | -€30,889 | -9.1% |
| Land and buildings | 22 | €206,515 | €197,548 | -€8,967 | -4.3% |
| Plant, machinery and equipment | 23 | €13,043 | €6,236 | -€6,807 | -52.2% |
| Furniture and vehicles | 24 | €17,228 | €13,279 | -€3,950 | -22.9% |
| Other tangible fixed assets | 26 | €102,134 | €90,969 | -€11,165 | -10.9% |
| Current assets | 29/58 | €375,482 | €317,151 | -€58,331 | -15.5% |
| Stocks and contracts in progress | 3 | €321,027 | €282,092 | -€38,935 | -12.1% |
| Stocks | 30/36 | €321,027 | €282,092 | -€38,935 | -12.1% |
| Amounts receivable within one year | 40/41 | €41,980 | €33,140 | -€8,840 | -21.1% |
| Trade receivables | 40 | €16,980 | €8,140 | -€8,840 | -52.1% |
| Other amounts receivable | 41 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,475 | €1,919 | -€10,556 | -84.6% |
| Total equity and liabilities | 10/49 | €714,403 | €625,183 | -€89,220 | -12.5% |
| Equity | 10/15 | €171,000 | €166,891 | -€4,109 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €100,082 | €100,082 | = | 0.0% |
| Distributable reserves | 133 | €100,082 | €100,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,318 | €48,210 | -€4,109 | -7.9% |
| Amounts payable | 17/49 | €543,403 | €458,291 | -€85,111 | -15.7% |
| Amounts payable after more than one year | 17 | €376,364 | €326,611 | -€49,753 | -13.2% |
| Financial debts | 170/4 | €258,225 | €215,916 | -€42,308 | -16.4% |
| Other amounts payable | 178/9 | €118,139 | €110,695 | -€7,444 | -6.3% |
| Amounts payable within one year | 42/48 | €166,528 | €131,680 | -€34,848 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €43,614 | €42,308 | -€1,306 | -3.0% |
| Financial debts | 43 | €67,435 | €54,363 | -€13,072 | -19.4% |
| Credit institutions | 430/8 | €67,435 | €54,363 | -€13,072 | -19.4% |
| Trade debts | 44 | €14,530 | €6,164 | -€8,366 | -57.6% |
| Suppliers | 440/4 | €14,530 | €6,164 | -€8,366 | -57.6% |
| Advances received on contracts in progress | 46 | €12,500 | €0 | -€12,500 | -100% |
| Taxes, remuneration and social security | 45 | €10,354 | €14,145 | +€3,791 | +36.6% |
| Taxes | 450/3 | €10,354 | €12,745 | +€2,391 | +23.1% |
| Remuneration and social security | 454/9 | - | €1,400 | +€1,400 | |
| Other amounts payable | 47/48 | €18,095 | €14,700 | -€3,395 | -18.8% |
| Accrued charges and deferred income | 492/3 | €511 | €0 | -€511 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,613 | €30,889 | -€5,724 | -15.6% |
| Other operating charges | 640/8 | €2,748 | €2,689 | -€59 | -2.2% |
| Non-recurring operating charges | 66A | €82 | €202 | +€120 | +146% |
| Gross operating margin | 9900 | €57,046 | €48,936 | -€8,110 | -14.2% |
| Operating profit (loss) | 9901 | €17,602 | €15,156 | -€2,446 | -13.9% |
| Financial income | 75/76B | €175 | €1,697 | +€1,522 | +868% |
| Recurring financial income | 75 | €175 | €152 | -€23 | -13.3% |
| Non-recurring financial income | 76B | - | €1,545 | +€1,545 | |
| Financial charges | 65/66B | €20,968 | €14,944 | -€6,024 | -28.7% |
| Recurring financial charges | 65 | €20,968 | €14,944 | -€6,024 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,190 | €1,909 | +€5,099 | |
| Income taxes | 67/77 | - | €6,017 | +€6,017 | |
| Profit (loss) for the period | 9904 | -€3,190 | -€4,109 | -€919 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,190 | -€4,109 | -€919 | -28.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.