BL TRADING: 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 TRADING
Largest movements
- Current investments +€129,730
up €129,730 (+35.5%), from €365,270 to €495,000
- Cash -€75,148
down €75,148 (-80.3%), from €93,529 to €18,381
mainly Current investments (-€129,730) and Tax, wage and social debts (-€4,817)
- Reserves +€62,668
up €62,668 (+13.9%), from €449,875 to €512,543
- Financial income -€2,582
down €2,582 (-27.2%), from €9,499 to €6,916
- Other operating charges +€1,959
up €1,959 (+322.5%), from €607 to €2,566
- Taxes -€997
down €997 (-3.1%), from €32,182 to €31,185
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €477,678 | €537,542 | +€59,864 | +12.5% |
| Fixed assets | 21/28 | €0 | €1,342 | +€1,342 | |
| Tangible fixed assets | 22/27 | €0 | €1,342 | +€1,342 | |
| Furniture and vehicles | 24 | €0 | €1,342 | +€1,342 | |
| Current assets | 29/58 | €477,678 | €536,200 | +€58,523 | +12.3% |
| Amounts receivable within one year | 40/41 | €17,251 | €20,822 | +€3,570 | +20.7% |
| Trade receivables | 40 | €10,948 | €16,932 | +€5,984 | +54.7% |
| Other amounts receivable | 41 | €6,304 | €3,890 | -€2,413 | -38.3% |
| Current investments | 50/53 | €365,270 | €495,000 | +€129,730 | +35.5% |
| Cash at bank and in hand | 54/58 | €93,529 | €18,381 | -€75,148 | -80.3% |
| Deferred charges and accrued income | 490/1 | €1,627 | €1,997 | +€370 | +22.8% |
| Total equity and liabilities | 10/49 | €477,678 | €537,542 | +€59,864 | +12.5% |
| Equity | 10/15 | €468,475 | €531,143 | +€62,668 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €449,875 | €512,543 | +€62,668 | +13.9% |
| Distributable reserves | 133 | €449,875 | €512,543 | +€62,668 | +13.9% |
| Amounts payable | 17/49 | €9,203 | €6,399 | -€2,804 | -30.5% |
| Amounts payable within one year | 42/48 | €8,715 | €5,800 | -€2,915 | -33.5% |
| Trade debts | 44 | €1,165 | €3,067 | +€1,901 | +163.1% |
| Suppliers | 440/4 | €1,165 | €3,067 | +€1,901 | +163.1% |
| Taxes, remuneration and social security | 45 | €7,550 | €2,733 | -€4,817 | -63.8% |
| Taxes | 450/3 | €6,550 | €1,733 | -€4,817 | -73.5% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €488 | €599 | +€111 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €775 | €292 | -€482 | -62.3% |
| Other operating charges | 640/8 | €607 | €2,566 | +€1,959 | +322.5% |
| Gross operating margin | 9900 | €89,652 | €89,890 | +€238 | +0.3% |
| Operating profit (loss) | 9901 | €88,269 | €87,031 | -€1,238 | -1.4% |
| Financial income | 75/76B | €9,499 | €6,916 | -€2,582 | -27.2% |
| Recurring financial income | 75 | €9,499 | €6,916 | -€2,582 | -27.2% |
| Financial charges | 65/66B | €90 | €95 | +€5 | +5.0% |
| Recurring financial charges | 65 | €90 | €95 | +€5 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €97,678 | €93,853 | -€3,825 | -3.9% |
| Income taxes | 67/77 | €32,182 | €31,185 | -€997 | -3.1% |
| Profit (loss) for the period | 9904 | €65,496 | €62,668 | -€2,828 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,496 | €62,668 | -€2,828 | -4.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.