BL6: what changed
BL6
Largest movements
- Receivables after one year +€113,971
new in 2025: €113,971
- Cash -€17,030
down €17,030 (-25.2%), from €67,668 to €50,638
mainly Receivables after one year (-€113,971) and Receivables within one year (-€14,313)
- Receivables within one year +€14,313
up €14,313 (+38.0%), from €37,658 to €51,971
of which Other amounts receivable: +€21,240
- Reserves +€150,000
new in 2025: €150,000
- Profit (loss) carried forward -€53,413
down €53,413 (-82.6%), from €64,661 to €11,248
- Tax, wage and social debts +€16,580
up €16,580 (+62.0%), from €26,742 to €43,323
of which Taxes: +€16,780
- Gross operating margin +€45,071
up €45,071 (+47.1%), from €95,773 to €140,843
- Taxes +€11,107
up €11,107 (+50.7%), from €21,893 to €33,000
- Financial charges +€3,448
up €3,448 (+38.7%), from €8,900 to €12,349
- Financial income +€1,760
new in 2025: €1,760
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 | €355,326 | €469,445 | +€114,119 | +32.1% |
| Fixed assets | 21/28 | €250,000 | €252,865 | +€2,865 | +1.1% |
| Tangible fixed assets | 22/27 | - | €2,865 | +€2,865 | |
| Furniture and vehicles | 24 | - | €2,865 | +€2,865 | |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €105,326 | €216,580 | +€111,254 | +106% |
| Amounts receivable after more than one year | 29 | - | €113,971 | +€113,971 | |
| Other amounts receivable | 291 | - | €113,971 | +€113,971 | |
| Amounts receivable within one year | 40/41 | €37,658 | €51,971 | +€14,313 | +38.0% |
| Trade receivables | 40 | €32,336 | €25,410 | -€6,926 | -21.4% |
| Other amounts receivable | 41 | €5,322 | €26,561 | +€21,240 | +399% |
| Cash at bank and in hand | 54/58 | €67,668 | €50,638 | -€17,030 | -25.2% |
| Total equity and liabilities | 10/49 | €355,326 | €469,445 | +€114,119 | +32.1% |
| Equity | 10/15 | €69,661 | €166,248 | +€96,587 | +139% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €150,000 | +€150,000 | |
| Distributable reserves | 133 | - | €150,000 | +€150,000 | |
| Profit (loss) carried forward | 14 | €64,661 | €11,248 | -€53,413 | -82.6% |
| Amounts payable | 17/49 | €285,665 | €303,197 | +€17,532 | +6.1% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,255 | €43,622 | +€15,367 | +54.4% |
| Trade debts | 44 | €1,513 | €299 | -€1,214 | -80.2% |
| Suppliers | 440/4 | €1,513 | €299 | -€1,214 | -80.2% |
| Taxes, remuneration and social security | 45 | €26,742 | €43,323 | +€16,580 | +62.0% |
| Taxes | 450/3 | €26,542 | €43,323 | +€16,780 | +63.2% |
| Remuneration and social security | 454/9 | €200 | €0 | -€200 | -100% |
| Accrued charges and deferred income | 492/3 | €7,409 | €9,575 | +€2,166 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €330 | +€330 | |
| Other operating charges | 640/8 | €318 | €338 | +€20 | +6.1% |
| Gross operating margin | 9900 | €95,773 | €140,843 | +€45,071 | +47.1% |
| Operating profit (loss) | 9901 | €95,455 | €140,176 | +€44,721 | +46.9% |
| Financial income | 75/76B | - | €1,760 | +€1,760 | |
| Recurring financial income | 75 | - | €1,760 | +€1,760 | |
| Financial charges | 65/66B | €8,900 | €12,349 | +€3,448 | +38.7% |
| Recurring financial charges | 65 | €8,900 | €12,349 | +€3,448 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €86,554 | €129,587 | +€43,033 | +49.7% |
| Income taxes | 67/77 | €21,893 | €33,000 | +€11,107 | +50.7% |
| Profit (loss) for the period | 9904 | €64,661 | €96,587 | +€31,926 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,661 | €96,587 | +€31,926 | +49.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.