B.L.BE: what changed
Two fiscal 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.
B.L.BE
Largest movements
- Receivables within one year +€28,919
up €28,919 (+316.1%), from €9,148 to €38,067
of which Trade receivables: +€33,027
- Deferred charges and accrued income -€5,148
down €5,148 (-100.0%), from €5,148 to €0
- Other debts +€52,255
up €52,255 (+156.3%), from €33,436 to €85,690
- Profit (loss) carried forward -€15,189
down €15,189 (-15.2%), from -€99,616 to -€114,805
- Tax, wage and social debts -€9,078
down €9,078 (-39.2%), from €23,173 to €14,095
of which Remuneration and social security: -€8,809
- Trade debts -€2,163
down €2,163 (-20.5%), from €10,530 to €8,367
- Accrued charges and deferred income -€1,468
down €1,468 (-100.0%), from €1,468 to €0
- Gross operating margin +€8,825
up €8,825 (+42.0%), from -€21,002 to -€12,177
- Financial charges -€1,174
down €1,174 (-47.3%), from €2,480 to €1,306
- Depreciation -€661
down €661 (-98.1%), from €674 to €13
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.
Cash bridge derived
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 | €24,737 | €48,598 | +€23,861 | +96.5% |
| Fixed assets | 21/28 | €13 | €0 | -€13 | -100.0% |
| Tangible fixed assets | 22/27 | €13 | €0 | -€13 | -100.0% |
| Furniture and vehicles | 24 | €13 | €0 | -€13 | -100.0% |
| Current assets | 29/58 | €24,725 | €48,598 | +€23,874 | +96.6% |
| Stocks and contracts in progress | 3 | €8,201 | €8,201 | = | 0.0% |
| Stocks | 30/36 | €8,201 | €8,201 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,148 | €38,067 | +€28,919 | +316.1% |
| Trade receivables | 40 | €4,417 | €37,445 | +€33,027 | +747.7% |
| Other amounts receivable | 41 | €4,731 | €623 | -€4,108 | -86.8% |
| Cash at bank and in hand | 54/58 | €2,228 | €2,330 | +€102 | +4.6% |
| Deferred charges and accrued income | 490/1 | €5,148 | €0 | -€5,148 | -100.0% |
| Total equity and liabilities | 10/49 | €24,737 | €48,598 | +€23,861 | +96.5% |
| Equity | 10/15 | -€44,366 | -€59,554 | -€15,189 | -34.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €52,750 | €52,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €52,500 | €52,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,616 | -€114,805 | -€15,189 | -15.2% |
| Amounts payable | 17/49 | €69,103 | €108,153 | +€39,049 | +56.5% |
| Amounts payable within one year | 42/48 | €67,636 | €108,153 | +€40,517 | +59.9% |
| Financial debts | 43 | €497 | €0 | -€497 | -100.0% |
| Credit institutions | 430/8 | €497 | €0 | -€497 | -100.0% |
| Trade debts | 44 | €10,530 | €8,367 | -€2,163 | -20.5% |
| Suppliers | 440/4 | €10,530 | €8,367 | -€2,163 | -20.5% |
| Taxes, remuneration and social security | 45 | €23,173 | €14,095 | -€9,078 | -39.2% |
| Taxes | 450/3 | €10,587 | €10,318 | -€269 | -2.5% |
| Remuneration and social security | 454/9 | €12,586 | €3,777 | -€8,809 | -70.0% |
| Other amounts payable | 47/48 | €33,436 | €85,690 | +€52,255 | +156.3% |
| Accrued charges and deferred income | 492/3 | €1,468 | €0 | -€1,468 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €674 | €13 | -€661 | -98.1% |
| Other operating charges | 640/8 | €1,281 | €1,315 | +€34 | +2.6% |
| Gross operating margin | 9900 | -€21,002 | -€12,177 | +€8,825 | +42.0% |
| Operating profit (loss) | 9901 | -€22,957 | -€13,505 | +€9,452 | +41.2% |
| Financial charges | 65/66B | €2,480 | €1,306 | -€1,174 | -47.3% |
| Recurring financial charges | 65 | €2,480 | €1,306 | -€1,174 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,437 | -€14,811 | +€10,626 | +41.8% |
| Income taxes | 67/77 | €361 | €377 | +€17 | +4.6% |
| Profit (loss) for the period | 9904 | -€25,798 | -€15,189 | +€10,609 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,798 | -€15,189 | +€10,609 | +41.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.