BL DIFFUSION: 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.
BL DIFFUSION
Largest movements
- Tangible fixed assets +€672,960
up €672,960 (+365.6%), from €184,076 to €857,036
of which Other tangible fixed assets: +€624,321
- Stocks and contracts +€543,739
up €543,739 (+35.6%), from €1.5m to €2.1m
- Cash -€362,651
down €362,651 (-38.6%), from €938,845 to €576,194
mainly Investment in fixed assets (net) (-€820,021) and Stocks and contracts (-€543,739)
- Receivables within one year +€107,661
up €107,661 (+13.6%), from €789,011 to €896,672
of which Trade receivables: +€125,792
- Profit (loss) carried forward +€611,053
up €611,053 (+33.3%), from €1.8m to €2.4m
- Trade debts +€207,610
up €207,610 (+27.4%), from €758,644 to €966,254
- Other debts +€91,385
up €91,385 (+442.1%), from €20,671 to €112,056
- Tax, wage and social debts +€87,190
up €87,190 (+23.6%), from €369,079 to €456,269
of which Remuneration and social security: +€47,178
- Services and other goods +€418,255
up €418,255 (+20.7%), from €2.0m to €2.4m
- Other operating income +€287,406
up €287,406 (+14.1%), from €2.0m to €2.3m
- Goods and materials -€220,958
down €220,958 (-8.1%), from €2.7m to €2.5m
of which Change in stocks: decrease (increase): -€432,891
- Staff costs +€136,564
up €136,564 (+7.1%), from €1.9m to €2.1m
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 | €3,585,893 | €4,587,631 | +€1.0m | +27.9% |
| Fixed assets | 21/28 | €184,076 | €857,036 | +€672,960 | +365.6% |
| Tangible fixed assets | 22/27 | €184,076 | €857,036 | +€672,960 | +365.6% |
| Plant, machinery and equipment | 23 | €55,225 | €99,182 | +€43,957 | +79.6% |
| Furniture and vehicles | 24 | €48,855 | €42,855 | -€6,000 | -12.3% |
| Other tangible fixed assets | 26 | €79,996 | €704,317 | +€624,321 | +780.4% |
| Assets under construction and advance payments | 27 | - | €10,682 | +€10,682 | |
| Current assets | 29/58 | €3,401,817 | €3,730,595 | +€328,778 | +9.7% |
| Stocks and contracts in progress | 3 | €1,525,320 | €2,069,059 | +€543,739 | +35.6% |
| Stocks | 30/36 | €1,525,320 | €2,069,059 | +€543,739 | +35.6% |
| Goods purchased for resale | 34 | €1,525,320 | €2,069,059 | +€543,739 | +35.6% |
| Amounts receivable within one year | 40/41 | €789,011 | €896,672 | +€107,661 | +13.6% |
| Trade receivables | 40 | €754,646 | €880,438 | +€125,792 | +16.7% |
| Other amounts receivable | 41 | €34,365 | €16,234 | -€18,131 | -52.8% |
| Cash at bank and in hand | 54/58 | €938,845 | €576,194 | -€362,651 | -38.6% |
| Deferred charges and accrued income | 490/1 | €148,641 | €188,670 | +€40,029 | +26.9% |
| Total equity and liabilities | 10/49 | €3,585,893 | €4,587,631 | +€1.0m | +27.9% |
| Equity | 10/15 | €2,417,999 | €3,029,052 | +€611,053 | +25.3% |
| Contributions | 10/11 | €496,382 | €496,382 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Outside capital | 11 | €434,882 | €434,882 | = | 0.0% |
| Share premium | 1100/10 | €434,882 | €434,882 | = | 0.0% |
| Reserves | 13 | €86,800 | €86,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €80,650 | €80,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,834,817 | €2,445,870 | +€611,053 | +33.3% |
| Amounts payable | 17/49 | €1,167,894 | €1,558,579 | +€390,685 | +33.5% |
| Amounts payable within one year | 42/48 | €1,148,394 | €1,534,579 | +€386,185 | +33.6% |
| Trade debts | 44 | €758,644 | €966,254 | +€207,610 | +27.4% |
| Suppliers | 440/4 | €758,644 | €966,254 | +€207,610 | +27.4% |
| Taxes, remuneration and social security | 45 | €369,079 | €456,269 | +€87,190 | +23.6% |
| Taxes | 450/3 | €152,094 | €192,106 | +€40,012 | +26.3% |
| Remuneration and social security | 454/9 | €216,985 | €264,163 | +€47,178 | +21.7% |
| Other amounts payable | 47/48 | €20,671 | €112,056 | +€91,385 | +442.1% |
| Accrued charges and deferred income | 492/3 | €19,500 | €24,000 | +€4,500 | +23.1% |
| Operating income | 70/76A | €7,931,474 | €8,197,127 | +€265,653 | +3.3% |
| Turnover | 70 | €5,899,821 | €5,878,068 | -€21,753 | -0.4% |
| Other operating income | 74 | €2,031,653 | €2,319,059 | +€287,406 | +14.1% |
| Operating charges | 60/66A | €6,961,035 | €7,295,357 | +€334,322 | +4.8% |
| Goods for resale, raw materials and consumables | 60 | €2,735,417 | €2,514,459 | -€220,958 | -8.1% |
| Purchases | 600/8 | €2,918,280 | €3,130,213 | +€211,933 | +7.3% |
| Change in stocks: decrease (increase) | 609 | -€182,863 | -€615,754 | -€432,891 | -236.7% |
| Services and other goods | 61 | €2,016,370 | €2,434,625 | +€418,255 | +20.7% |
| Remuneration, social security and pensions | 62 | €1,918,615 | €2,055,179 | +€136,564 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,001 | €147,061 | -€19,940 | -11.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €56,881 | €56,844 | -€37 | -0.1% |
| Other operating charges | 640/8 | €66,751 | €87,189 | +€20,438 | +30.6% |
| Operating profit (loss) | 9901 | €970,439 | €901,770 | -€68,669 | -7.1% |
| Financial charges | 65/66B | €33,667 | €33,006 | -€661 | -2.0% |
| Recurring financial charges | 65 | €33,667 | €33,006 | -€661 | -2.0% |
| Debt charges | 650 | - | €331 | +€331 | |
| Other financial charges | 652/9 | €33,667 | €32,675 | -€992 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €936,772 | €868,764 | -€68,008 | -7.3% |
| Income taxes | 67/77 | €256,831 | €257,711 | +€880 | +0.3% |
| Taxes | 670/3 | €256,831 | €257,711 | +€880 | +0.3% |
| Profit (loss) for the period | 9904 | €679,941 | €611,053 | -€68,888 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €679,941 | €611,053 | -€68,888 | -10.1% |
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 30 September 2026 via checked.be.