BL & CIE: 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.
BL & CIE
Largest movements
- Tangible fixed assets -€43,045
down €43,045 (-68.7%), from €62,672 to €19,626
- Receivables within one year -€29,641
down €29,641 (-41.8%), from €70,903 to €41,263
of which Other amounts receivable: -€26,598
- Stocks and contracts +€23,266
new in 2025: €23,266
- Profit (loss) carried forward -€51,851
down €51,851 (-43.0%), from €120,693 to €68,841
- Gross operating margin -€94,800
down €94,800, from €61,998 to -€32,801
- Purchases and services +€90,934
new in 2025: €90,934
- Staff costs -€43,876
no longer reported in 2025 (was €43,876)
- Turnover +€33,454
new in 2025: €33,454
- Financial charges -€15,539
down €15,539 (-99.0%), from €15,690 to €152
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 | €140,693 | €88,841 | -€51,851 | -36.9% |
| Fixed assets | 21/28 | €62,672 | €19,626 | -€43,045 | -68.7% |
| Tangible fixed assets | 22/27 | €62,672 | €19,626 | -€43,045 | -68.7% |
| Plant, machinery and equipment | 23 | €5,521 | €1,958 | -€3,563 | -64.5% |
| Furniture and vehicles | 24 | €32,214 | €13,217 | -€18,997 | -59.0% |
| Leasing and similar rights | 25 | €23,295 | €3,091 | -€20,204 | -86.7% |
| Other tangible fixed assets | 26 | €1,642 | €1,361 | -€281 | -17.1% |
| Current assets | 29/58 | €78,021 | €69,215 | -€8,806 | -11.3% |
| Stocks and contracts in progress | 3 | - | €23,266 | +€23,266 | |
| Stocks | 30/36 | - | €23,266 | +€23,266 | |
| Amounts receivable within one year | 40/41 | €70,903 | €41,263 | -€29,641 | -41.8% |
| Trade receivables | 40 | €3,168 | €126 | -€3,042 | -96.0% |
| Other amounts receivable | 41 | €67,735 | €41,137 | -€26,598 | -39.3% |
| Cash at bank and in hand | 54/58 | €6,029 | €4,686 | -€1,342 | -22.3% |
| Deferred charges and accrued income | 490/1 | €1,089 | - | -€1,089 | |
| Total equity and liabilities | 10/49 | €140,693 | €88,841 | -€51,851 | -36.9% |
| Equity | 10/15 | €140,693 | €88,841 | -€51,851 | -36.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,693 | €68,841 | -€51,851 | -43.0% |
| Turnover | 70 | - | €33,454 | +€33,454 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €90,934 | +€90,934 | |
| Remuneration, social security and pensions | 62 | €43,876 | - | -€43,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,681 | €21,618 | -€13,064 | -37.7% |
| Other operating charges | 640/8 | €7,957 | €5,312 | -€2,645 | -33.2% |
| Non-recurring operating charges | 66A | €14,283 | - | -€14,283 | |
| Gross operating margin | 9900 | €61,998 | -€32,801 | -€94,800 | |
| Operating profit (loss) | 9901 | -€38,798 | -€59,731 | -€20,932 | -54.0% |
| Financial charges | 65/66B | €15,690 | €152 | -€15,539 | -99.0% |
| Recurring financial charges | 65 | €15,690 | €152 | -€15,539 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€54,489 | -€59,882 | -€5,394 | -9.9% |
| Income taxes | 67/77 | €141 | -€8,031 | -€8,172 | |
| Profit (loss) for the period | 9904 | -€54,629 | -€51,851 | +€2,778 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,629 | -€51,851 | +€2,778 | +5.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.