BLABOR: 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.
BLABOR
Largest movements
- Cash -€9,504
down €9,504 (-75.3%), from €12,624 to €3,120
mainly Net result for the year (-€25,175) and Short-term financial debts (-€1,002)
- Tangible fixed assets -€7,997
down €7,997 (-7.9%), from €100,869 to €92,872
of which Land and buildings: -€4,848
- Deferred charges and accrued income -€2,336
down €2,336 (-98.1%), from €2,381 to €45
- Reserves -€25,175
down €25,175 (-26.0%), from €96,999 to €71,824
- Other debts +€7,216
up €7,216 (+70.1%), from €10,291 to €17,507
- Gross operating margin -€53,965
down €53,965, from €37,350 to -€16,614
- Taxes -€5,449
down €5,449 (-100.0%), from €5,449 to €0
- Depreciation +€2,671
up €2,671 (+50.1%), from €5,327 to €7,997
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 | €116,256 | €97,243 | -€19,013 | -16.4% |
| Fixed assets | 21/28 | €100,869 | €92,872 | -€7,997 | -7.9% |
| Tangible fixed assets | 22/27 | €100,869 | €92,872 | -€7,997 | -7.9% |
| Land and buildings | 22 | €92,794 | €87,946 | -€4,848 | -5.2% |
| Furniture and vehicles | 24 | €8,075 | €4,926 | -€3,149 | -39.0% |
| Current assets | 29/58 | €15,386 | €4,371 | -€11,015 | -71.6% |
| Amounts receivable within one year | 40/41 | €382 | €1,207 | +€825 | +216.0% |
| Trade receivables | 40 | €252 | €1,207 | +€955 | +378.8% |
| Other amounts receivable | 41 | €130 | €0 | -€130 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,624 | €3,120 | -€9,504 | -75.3% |
| Deferred charges and accrued income | 490/1 | €2,381 | €45 | -€2,336 | -98.1% |
| Total equity and liabilities | 10/49 | €116,256 | €97,243 | -€19,013 | -16.4% |
| Equity | 10/15 | €97,099 | €71,924 | -€25,175 | -25.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €96,999 | €71,824 | -€25,175 | -26.0% |
| Distributable reserves | 133 | €96,999 | €71,824 | -€25,175 | -26.0% |
| Amounts payable | 17/49 | €19,157 | €25,320 | +€6,162 | +32.2% |
| Amounts payable within one year | 42/48 | €19,157 | €25,320 | +€6,162 | +32.2% |
| Financial debts | 43 | €1,058 | €57 | -€1,002 | -94.6% |
| Credit institutions | 430/8 | €1,058 | €57 | -€1,002 | -94.6% |
| Trade debts | 44 | €2,359 | €1,999 | -€360 | -15.3% |
| Suppliers | 440/4 | €2,359 | €1,999 | -€360 | -15.3% |
| Taxes, remuneration and social security | 45 | €5,449 | €5,757 | +€308 | +5.7% |
| Taxes | 450/3 | €5,449 | €5,757 | +€308 | +5.7% |
| Other amounts payable | 47/48 | €10,291 | €17,507 | +€7,216 | +70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,327 | €7,997 | +€2,671 | +50.1% |
| Other operating charges | 640/8 | €705 | €499 | -€206 | -29.2% |
| Gross operating margin | 9900 | €37,350 | -€16,614 | -€53,965 | |
| Operating profit (loss) | 9901 | €31,318 | -€25,111 | -€56,429 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +356.1% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +356.1% |
| Financial charges | 65/66B | €67 | €68 | +€1 | +2.1% |
| Recurring financial charges | 65 | €67 | €68 | +€1 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €31,252 | -€25,175 | -€56,427 | |
| Income taxes | 67/77 | €5,449 | €0 | -€5,449 | -100.0% |
| Profit (loss) for the period | 9904 | €25,803 | -€25,175 | -€50,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,803 | -€25,175 | -€50,978 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.