BL INTERNATIONAL: what changed
BL INTERNATIONAL
Largest movements
- Receivables within one year +€75,496
up €75,496 (+217%), from €34,871 to €110,366
of which Trade receivables: +€55,000
- Cash -€16,741
down €16,741 (-99.7%), from €16,794 to €53
mainly Receivables within one year (-€75,496) and Net result for the year (-€20,518)
- Tangible fixed assets -€2,553
down €2,553 (-23.0%), from €11,116 to €8,563
- Other debts +€45,750
up €45,750 (+254%), from €18,000 to €63,750
- Trade debts +€30,901
up €30,901 (+116%), from €26,745 to €57,646
- Profit (loss) carried forward -€20,518
down €20,518 (-67.0%), from €30,603 to €10,085
- Gross operating margin -€55,568
down €55,568, from €40,154 to -€15,414
- Taxes -€9,476
no longer reported in 2025 (was €9,476)
- Depreciation +€1,148
up €1,148 (+81.7%), from €1,405 to €2,553
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,780 | €138,982 | +€56,201 | +67.9% |
| Fixed assets | 21/28 | €11,116 | €8,563 | -€2,553 | -23.0% |
| Tangible fixed assets | 22/27 | €11,116 | €8,563 | -€2,553 | -23.0% |
| Furniture and vehicles | 24 | €11,116 | €8,563 | -€2,553 | -23.0% |
| Current assets | 29/58 | €71,664 | €130,419 | +€58,755 | +82.0% |
| Amounts receivable within one year | 40/41 | €34,871 | €110,366 | +€75,496 | +217% |
| Trade receivables | 40 | €2,200 | €57,200 | +€55,000 | +2,500% |
| Other amounts receivable | 41 | €32,671 | €53,166 | +€20,496 | +62.7% |
| Cash at bank and in hand | 54/58 | €16,794 | €53 | -€16,741 | -99.7% |
| Deferred charges and accrued income | 490/1 | €20,000 | €20,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €82,780 | €138,982 | +€56,201 | +67.9% |
| Equity | 10/15 | €35,535 | €15,017 | -€20,518 | -57.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,932 | €2,932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €2,732 | €2,732 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,603 | €10,085 | -€20,518 | -67.0% |
| Amounts payable | 17/49 | €47,245 | €123,964 | +€76,719 | +162% |
| Amounts payable within one year | 42/48 | €47,245 | €123,964 | +€76,719 | +162% |
| Financial debts | 43 | - | €69 | +€69 | |
| Credit institutions | 430/8 | - | €69 | +€69 | |
| Trade debts | 44 | €26,745 | €57,646 | +€30,901 | +116% |
| Suppliers | 440/4 | €26,745 | €57,646 | +€30,901 | +116% |
| Taxes, remuneration and social security | 45 | €2,500 | €2,500 | = | 0.0% |
| Taxes | 450/3 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €18,000 | €63,750 | +€45,750 | +254% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,405 | €2,553 | +€1,148 | +81.7% |
| Other operating charges | 640/8 | €2,046 | €2,165 | +€119 | +5.8% |
| Gross operating margin | 9900 | €40,154 | -€15,414 | -€55,568 | |
| Operating profit (loss) | 9901 | €36,703 | -€20,131 | -€56,834 | |
| Financial charges | 65/66B | €253 | €386 | +€133 | +52.5% |
| Recurring financial charges | 65 | €253 | €386 | +€133 | +52.5% |
| Profit (loss) for the period before taxes | 9903 | €36,450 | -€20,518 | -€56,967 | |
| Income taxes | 67/77 | €9,476 | - | -€9,476 | |
| Profit (loss) for the period | 9904 | €26,974 | -€20,518 | -€47,492 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,974 | -€20,518 | -€47,492 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.