BKLZ: 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.
BKLZ
Largest movements
- Intangible fixed assets -€45,000
down €45,000 (-20.0%), from €225,000 to €180,000
- Cash +€32,632
up €32,632 (+382.8%), from €8,525 to €41,157
mainly Depreciation (+€56,208) and Net result for the year (+€43,171)
- Receivables within one year +€25,373
up €25,373 (+40.2%), from €63,122 to €88,495
of which Trade receivables: +€30,303
- Debts after one year -€50,169
down €50,169 (-22.1%), from €226,711 to €176,542
- Profit (loss) carried forward +€43,171
up €43,171, from -€38,722 to €4,450
- Trade debts +€14,127
up €14,127 (+25.1%), from €56,194 to €70,321
- Tax, wage and social debts +€9,260
up €9,260 (+31.7%), from €29,194 to €38,454
of which Taxes: +€11,663
- Current portion of long-term debt -€3,955
down €3,955 (-7.3%), from €54,124 to €50,169
- Gross operating margin +€45,112
up €45,112 (+27.0%), from €167,342 to €212,454
- Taxes +€11,925
up €11,925 (+358.6%), from €3,325 to €15,250
- Staff costs -€8,409
down €8,409 (-8.8%), from €95,138 to €86,729
- Financial charges -€2,918
down €2,918 (-26.8%), from €10,892 to €7,974
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 | €350,577 | €362,629 | +€12,052 | +3.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €269,978 | €221,578 | -€48,400 | -17.9% |
| Intangible fixed assets | 21 | €225,000 | €180,000 | -€45,000 | -20.0% |
| Tangible fixed assets | 22/27 | €43,742 | €40,342 | -€3,400 | -7.8% |
| Plant, machinery and equipment | 23 | €14,926 | €12,633 | -€2,293 | -15.4% |
| Furniture and vehicles | 24 | €8,653 | €11,578 | +€2,926 | +33.8% |
| Other tangible fixed assets | 26 | €20,163 | €16,131 | -€4,033 | -20.0% |
| Financial fixed assets | 28 | €1,236 | €1,236 | = | 0.0% |
| Current assets | 29/58 | €80,599 | €141,051 | +€60,453 | +75.0% |
| Amounts receivable within one year | 40/41 | €63,122 | €88,495 | +€25,373 | +40.2% |
| Trade receivables | 40 | €27,290 | €57,593 | +€30,303 | +111.0% |
| Other amounts receivable | 41 | €35,832 | €30,902 | -€4,930 | -13.8% |
| Cash at bank and in hand | 54/58 | €8,525 | €41,157 | +€32,632 | +382.8% |
| Deferred charges and accrued income | 490/1 | €8,952 | €11,400 | +€2,448 | +27.3% |
| Total equity and liabilities | 10/49 | €350,577 | €362,629 | +€12,052 | +3.4% |
| Equity | 10/15 | -€18,722 | €24,450 | +€43,171 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,722 | €4,450 | +€43,171 | |
| Amounts payable | 17/49 | €369,298 | €338,179 | -€31,119 | -8.4% |
| Amounts payable after more than one year | 17 | €226,711 | €176,542 | -€50,169 | -22.1% |
| Financial debts | 170/4 | €226,711 | €176,542 | -€50,169 | -22.1% |
| Amounts payable within one year | 42/48 | €142,300 | €161,504 | +€19,205 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €54,124 | €50,169 | -€3,955 | -7.3% |
| Financial debts | 43 | €2,545 | €2,560 | +€15 | +0.6% |
| Credit institutions | 430/8 | €2,545 | €2,560 | +€15 | +0.6% |
| Trade debts | 44 | €56,194 | €70,321 | +€14,127 | +25.1% |
| Suppliers | 440/4 | €56,194 | €70,321 | +€14,127 | +25.1% |
| Advances received on contracts in progress | 46 | €242 | €0 | -€242 | -100.0% |
| Taxes, remuneration and social security | 45 | €29,194 | €38,454 | +€9,260 | +31.7% |
| Taxes | 450/3 | €15,665 | €27,327 | +€11,663 | +74.5% |
| Remuneration and social security | 454/9 | €13,529 | €11,127 | -€2,402 | -17.8% |
| Accrued charges and deferred income | 492/3 | €288 | €133 | -€155 | -53.9% |
| Remuneration, social security and pensions | 62 | €95,138 | €86,729 | -€8,409 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,715 | €56,208 | -€1,507 | -2.6% |
| Other operating charges | 640/8 | €2,840 | €3,271 | +€431 | +15.2% |
| Gross operating margin | 9900 | €167,342 | €212,454 | +€45,112 | +27.0% |
| Operating profit (loss) | 9901 | €11,648 | €66,246 | +€54,598 | +468.7% |
| Financial income | 75/76B | €14 | €150 | +€136 | +1002.7% |
| Recurring financial income | 75 | €14 | €150 | +€136 | +1002.7% |
| Financial charges | 65/66B | €10,892 | €7,974 | -€2,918 | -26.8% |
| Recurring financial charges | 65 | €10,892 | €7,974 | -€2,918 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €769 | €58,421 | +€57,652 | +7492.5% |
| Income taxes | 67/77 | €3,325 | €15,250 | +€11,925 | +358.6% |
| Profit (loss) for the period | 9904 | -€2,556 | €43,171 | +€45,727 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,556 | €43,171 | +€45,727 |
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.