BL Management: 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 Management
Largest movements
- Receivables within one year -€116,144
down €116,144 (-11.0%), from €1.1m to €936,421
of which Other amounts receivable: -€72,947
- Cash +€114,178
up €114,178 (+192.3%), from €59,372 to €173,550
mainly Receivables within one year (+€116,144) and Other debts (+€86,333)
- Trade debts -€89,919
down €89,919 (-92.9%), from €96,768 to €6,849
- Other debts +€86,333
new in 2025: €86,333
- Taxes -€716
down €716 (-41.7%), from €1,715 to €999
- Gross operating margin -€494
down €494 (-11.9%), from €4,151 to €3,657
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 | €5,894,085 | €5,892,119 | -€1,966 | 0.0% |
| Fixed assets | 21/28 | €4,782,148 | €4,782,148 | = | 0.0% |
| Financial fixed assets | 28 | €4,782,148 | €4,782,148 | = | 0.0% |
| Current assets | 29/58 | €1,111,937 | €1,109,971 | -€1,966 | -0.2% |
| Amounts receivable within one year | 40/41 | €1,052,565 | €936,421 | -€116,144 | -11.0% |
| Trade receivables | 40 | €46,585 | €3,388 | -€43,197 | -92.7% |
| Other amounts receivable | 41 | €1,005,980 | €933,033 | -€72,947 | -7.3% |
| Cash at bank and in hand | 54/58 | €59,372 | €173,550 | +€114,178 | +192.3% |
| Total equity and liabilities | 10/49 | €5,894,085 | €5,892,119 | -€1,966 | 0.0% |
| Equity | 10/15 | €4,795,790 | €4,798,383 | +€2,593 | +0.1% |
| Contributions | 10/11 | €406,000 | €406,000 | = | 0.0% |
| Reserves | 13 | €2,842,977 | €2,842,977 | = | 0.0% |
| Distributable reserves | 133 | €2,842,977 | €2,842,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,546,813 | €1,549,406 | +€2,593 | +0.2% |
| Amounts payable | 17/49 | €1,098,295 | €1,093,736 | -€4,559 | -0.4% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €98,295 | €93,736 | -€4,559 | -4.6% |
| Trade debts | 44 | €96,768 | €6,849 | -€89,919 | -92.9% |
| Suppliers | 440/4 | €96,768 | €6,849 | -€89,919 | -92.9% |
| Taxes, remuneration and social security | 45 | €1,527 | €554 | -€973 | -63.7% |
| Taxes | 450/3 | €1,527 | €554 | -€973 | -63.7% |
| Other amounts payable | 47/48 | - | €86,333 | +€86,333 | |
| Gross operating margin | 9900 | €4,151 | €3,657 | -€494 | -11.9% |
| Operating profit (loss) | 9901 | €4,151 | €3,657 | -€494 | -11.9% |
| Financial charges | 65/66B | €38 | €65 | +€27 | +71.1% |
| Recurring financial charges | 65 | €38 | €65 | +€27 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | €4,113 | €3,592 | -€521 | -12.7% |
| Income taxes | 67/77 | €1,715 | €999 | -€716 | -41.7% |
| Profit (loss) for the period | 9904 | €2,398 | €2,593 | +€195 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,398 | €2,593 | +€195 | +8.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.