BL-HOLD: 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-HOLD
Largest movements
- Cash -€66,876
down €66,876 (-36.7%), from €182,075 to €115,199
mainly Other debts (-€70,883) and Tax, wage and social debts (-€2,547)
- Other debts -€70,883
down €70,883 (-27.4%), from €258,614 to €187,731
- Gross operating margin -€4,852
down €4,852 (-52.3%), from €9,279 to €4,428
- Taxes -€3,535
down €3,535 (-68.2%), from €5,185 to €1,650
- Financial income -€1,317
down €1,317 (-45.3%), from €2,905 to €1,588
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 | €1,800,035 | €1,728,159 | -€71,876 | -4.0% |
| Fixed assets | 21/28 | €1,612,960 | €1,612,960 | = | 0.0% |
| Financial fixed assets | 28 | €1,612,960 | €1,612,960 | = | 0.0% |
| Current assets | 29/58 | €187,075 | €115,199 | -€71,876 | -38.4% |
| Amounts receivable within one year | 40/41 | €5,000 | - | -€5,000 | |
| Trade receivables | 40 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €182,075 | €115,199 | -€66,876 | -36.7% |
| Total equity and liabilities | 10/49 | €1,800,035 | €1,728,159 | -€71,876 | -4.0% |
| Equity | 10/15 | €1,530,523 | €1,532,199 | +€1,676 | +0.1% |
| Contributions | 10/11 | €1,301,256 | €1,301,256 | = | 0.0% |
| Reserves | 13 | €229,267 | €230,943 | +€1,676 | +0.7% |
| Distributable reserves | 133 | €229,267 | €230,943 | +€1,676 | +0.7% |
| Amounts payable | 17/49 | €269,512 | €195,960 | -€73,552 | -27.3% |
| Amounts payable within one year | 42/48 | €269,512 | €195,960 | -€73,552 | -27.3% |
| Trade debts | 44 | €7,178 | €7,055 | -€123 | -1.7% |
| Suppliers | 440/4 | €7,178 | €7,055 | -€123 | -1.7% |
| Taxes, remuneration and social security | 45 | €3,720 | €1,173 | -€2,547 | -68.5% |
| Taxes | 450/3 | €2,610 | €1,173 | -€1,436 | -55.0% |
| Remuneration and social security | 454/9 | €1,111 | - | -€1,111 | |
| Other amounts payable | 47/48 | €258,614 | €187,731 | -€70,883 | -27.4% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €9,279 | €4,428 | -€4,852 | -52.3% |
| Operating profit (loss) | 9901 | €9,153 | €4,300 | -€4,854 | -53.0% |
| Financial income | 75/76B | €2,905 | €1,588 | -€1,317 | -45.3% |
| Recurring financial income | 75 | €2,905 | €1,588 | -€1,317 | -45.3% |
| Financial charges | 65/66B | €2,478 | €2,562 | +€84 | +3.4% |
| Recurring financial charges | 65 | €2,478 | €2,562 | +€84 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €9,580 | €3,326 | -€6,255 | -65.3% |
| Income taxes | 67/77 | €5,185 | €1,650 | -€3,535 | -68.2% |
| Profit (loss) for the period | 9904 | €4,395 | €1,676 | -€2,720 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,395 | €1,676 | -€2,720 | -61.9% |
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 30 October 2026 via checked.be.