BL Development: 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 Development
Largest movements
- Cash -€1,604
down €1,604 (-25.2%), from €6,375 to €4,771
mainly Net result for the year (-€1,604) and Tax, wage and social debts (-€34)
- Profit (loss) carried forward -€1,604
down €1,604 (-10.3%), from -€15,510 to -€17,114
- Gross operating margin -€584
down €584 (-219%), from -€267 to -€851
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €6,525 | €4,887 | -€1,638 | -25.1% |
| Current assets | 29/58 | €6,525 | €4,887 | -€1,638 | -25.1% |
| Amounts receivable within one year | 40/41 | €150 | €116 | -€34 | -22.7% |
| Other amounts receivable | 41 | €150 | €116 | -€34 | -22.7% |
| Cash at bank and in hand | 54/58 | €6,375 | €4,771 | -€1,604 | -25.2% |
| Total equity and liabilities | 10/49 | €6,525 | €4,887 | -€1,638 | -25.1% |
| Equity | 10/15 | -€15,510 | -€17,114 | -€1,604 | -10.3% |
| Profit (loss) carried forward | 14 | -€15,510 | -€17,114 | -€1,604 | -10.3% |
| Amounts payable | 17/49 | €22,035 | €22,001 | -€34 | -0.2% |
| Amounts payable after more than one year | 17 | €22,001 | €22,001 | = | 0.0% |
| Other amounts payable | 178/9 | €22,001 | €22,001 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34 | - | -€34 | |
| Taxes, remuneration and social security | 45 | €34 | - | -€34 | |
| Taxes | 450/3 | €34 | - | -€34 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€267 | -€851 | -€584 | -219% |
| Operating profit (loss) | 9901 | -€654 | -€851 | -€197 | -30.1% |
| Financial charges | 65/66B | €761 | €753 | -€8 | -1.1% |
| Recurring financial charges | 65 | €761 | €753 | -€8 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,415 | -€1,604 | -€189 | -13.4% |
| Profit (loss) for the period | 9904 | -€1,415 | -€1,604 | -€189 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,415 | -€1,604 | -€189 | -13.4% |
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 14 October 2026 via checked.be.